The America’s Cup yacht race is bringing more than big boats to town.It also comes with a deal involving some of The City’s most valuable public real estate, and the pact with race officials needs significant changes if San Francisco’s financial ship is going to stay on course, a budget analyst’s report released Thursday says.
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It has been mostly smooth sailing in recent weeks for plans surrounding the America’s Cup yacht race, but negotiations over The City’s most prized waterfront development properties could bring choppier waters.
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The hope for a 140-foot JumboTron-carrying barge in Aquatic Park for the America’s Cup was sunk Tuesday after members of swimming clubs blasted the plan.
The elimination of that proposal helped secure the Board of Supervisors’ unanimous rejection of two appeals of the environmental impact report completed for the upcoming 34th America’s Cup regatta.
The decision means The City remains on track to host the much-hyped event.
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Air quality impacts and San Francisco Bay water pollution brought by the America’s Cup yacht race will be vetted today by the Board of Supervisors, which is set to decide on an appeal of plans for the regatta that is coming to The City.
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Mayor Ed Lee is headed to Washington, D.C., on Tuesday for the U.S. Conference of Mayors, where he wants to talk about his favorite topic with other municipal leaders: job creation.
But with the 49ers in the midst of a Super Bowl run and a massive yacht race set to come to The City over the next two years, sports will likely be on his mind as well.
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Facing fundraising deadlines soon, America’s Cup race organizers are tight-lipped on how much they have in hand to cover The City’s $32 million portion of the total $300 million event cost.
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New measures for improving air quality during the America’s Cup have some skeptical conservation organizations warming up to the event.
The final environmental impact report for the America’s Cup was released Thursday and will go to the Planning Commission for consideration Dec. 15. Project organizers touted the document as the product of extensive public engagement and consideration of community members’ environmental concerns.
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It’s normal to see big ships towering over Redwood City’s port — but they’re usually filled with bulk goods, not Champagne and caviar.
But that could change come the summer of 2013. Port leaders are exploring ways to attract mega-yachts to their harbor during the America’s Cup sailing race. It’s just one of several San Mateo County institutions seeking ways to profit off the event.
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With less than two years to go before tens of thousands of visitors flood The City’s waterfront for a glimpse at the America’s Cup yacht race, organizers have a lot to get done in just a short time. The next month will be pivotal.
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America's Cup champion skipper Jimmy Spithill of Oracle Racing swept the French Energy Team in two races Saturday to win the match racing portion of the America's Cup World Series on San Diego Bay.Spithill, who skippered Oracle Racing's trimaran to victory in the 2010 America's Cup off Valencia, Spain, steered his 45-foot, wing-sailed catamarans to wins of 9 seconds and 1:07 in the best-of-3 series.
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