Newsom in DC to hammer out Treasure Island deal

Mayor Gavin Newsom will meet with high-level Pentagon officials today to try to hammer out a deal on Treasure Island, according to a report by Washington, D.C., newspaper The Hill.

The City has been in negotiations for years over Treasure Island, a shuttered Navy base San Francisco is attempting to purchase from the military. At issue is the purchase price of the island: according to The Hill, the Navy has appraised the property at $240 million, while San Francisco believes its value to be just $14 million.

City leaders had hoped the change in presidential administrations would make way for easier negotiations. San Francisco’s congresswoman and House Speaker Nancy Pelosi had even pushed for a bill that would have required the federal government to give the land to The City. However, President Barack Obama opposed the base giveaway in September.

— Katie Worth

Bay Area NewsGovernment & PoliticsPoliticsUnder the Dome

If you find our journalism valuable and relevant, please consider joining our Examiner membership program.
Find out more at www.sfexaminer.com/join/

Just Posted

Newsom orders 2035 phaseout of gas-powered vehicles, calls for fracking ban

By Phil Willon, Tony Barboza Los Angeles Times Emphasizing that California must… Continue reading

Supes seek answers after Human Resources manager accused of forgery

Black employees group blames incident on department leadership

Emergency transit-only lanes on Geary could help ease crowding on buses

SFMTA proposal intended to help commuting essential workers

Port Commission backs 850-unit development plan for Piers 30-32

Critics argue project may require voter approval under Prop. B

Supes approve $13.6B city budget in a 10-1 vote

Supervisor Stefani calls proposal ‘fiscally irresponsible’ in lone ‘nay’ vote

Most Read