In an unexpected move, developers in San Francisco’s mid-Market Street neighborhood are applying for a tax break put in place for Twitter and other tech companies.
In 2011, the Board of Supervisors eliminated the payroll tax for new employees hired by companies in the area. Mayor Ed Lee and other supporters called the move necessary to keep Twitter from leaving town and to foster the emergence of a tech economy in the long-depressed neighborhood.
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Tuesday’s Board of Supervisors meeting was the last for Supervisor Sean Elsbernd, who is sadly termed out. The party for him that night at the Irish Cultural Center was packed with elected leaders and City Hall staffers wishing him well and thanking him for 12 years of service as the voice of reason at the board.
Here are some juicy tidbits of gossip I picked up while mingling at the shindig.
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In November 2007, voters passed Proposition I, creating the Office of Small Business and directing it to issue, by April 2008, a report that recommended possible streamlining and consolidation of regulatory functions supervised by that agency. The idea was to make life easier for The City’s often-beleaguered small business.
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URL: http://www.sfexaminer.com/topics/todd-rufo
