Tag Archives: Mark Desaulnier

MTC’s real estate deal likely legal but financially risky, says state auditor – Marin Independent

SACRAMENTO — The Metropolitan Transportation Commission’s use of $180 million in bridge toll money to buy a downtown San Francisco office building was likely legal but exposes taxpayers to unknown financial risk, concluded the state’s top auditor. The Bay Area … Continue reading

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MTC’s real estate deal likely legal but financially risky, says state auditor

SACRAMENTO — The Metropolitan Transportation Commission’s use of $180 million in bridge toll money to buy a downtown San Francisco office building was likely legal but exposes taxpayers to unknown financial risk, concluded the state’s top auditor. The Bay Area … Continue reading

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MTC real estate deal questioned

In the latest twist in the Metropolitan Transportation Commission’s surprisingly tangled attempt to move to San Francisco and cohabitate with other regional government agencies, the state Legislative Counsel is questioning the legality of using bridge toll money to buy the … Continue reading

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MTC Ignores Pending State Audit and Approves Real Estate Speculation Deal

The Metropolitan Transportation Commission (MTC), with a 10 – 6 vote decided to move forward with the $179 million acquisition and renovation of an office building in San Francisco.  MTC Commissioners immediately went into a closed door session and began … Continue reading

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