Supervisors to vote on Newsom’s proposed seismic upgrade bond measure 

The Board of Supervisors Budget and Finance Committee will hold a special meeting Friday to vote on a number of tax proposals for the November ballot. The committee will also vote on Mayor Gavin Newsom’s proposed $39 million bond for the November ballot that would pay for the seismic upgrade of 156 buildings, of which 125 receive city or federal funding for affordable housing and 31 are single-room occupancy buildings. It costs about $275,000 to seismically upgrade a soft-story building.

Supervisor John Avalos, who chairs the committee, has been recommending the board not take action on Newsom’s proposal until the board discusses the proposed tax measures, which is happening Friday.

The committee meets Friday, at 11:30 a.m., at City Hall, in Room 250.

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