The Historic Preservation Fund Committee was created to disburse funds ($2.5 million) accruing from a settlement agreement signed by the Redevelopment Agency of the City and County of San Francisco, a public body corporation, San Franciscans Upholding the Downtown Plan, an unincorporated association and San Franciscans for Preservation Planning, a California political action committee. In February, 2005, a civil action was filed in San Francisco Superior Court, alleging that certain actions taken by the developer of the old Emporium site on Market Street violated the conditions under which the City & County of San Francisco had approved construction of the project.
As a result of negotiations between the parties, the law suit was settled with the developer agreeing to provide $2.5 million to the City to be "used solely for historic preservation purposes, including but not limited to: education, feasibility studies, consultant services grants, monitoring of this Agreement, research and documentation for CEQA evaluations, nominations of properties to state or federal historic registers, architectural surveys sponsored by neighborhood organizations that would further preservation planning in San Francisco, legislative and administrative actions to implement such surveys, and other preservation advocacy oriented purposes in the City and County."
In addition, the Mayor and the San Francisco Redevelopment Agency agreed to a number of other provisions to improve policies and proceedures afffecting historic resources in San Francisco.
Pursuant to the Settlement Agreement, the Historic Preservation Fund is under the care of the Mayor's Office of Economic and Workforce Development. The Agreement also calls for the creation of the Historic Preservation Fund Committee, composed of seven members to make recommendations regarding disbursement of the funds. The Mayor, the President of the Board of Supervisors, the Landmarks Preservation Advisory Board, San Franciscans for Preservation Planning, San Francisco Architectural Heritage and San Francisco Beautiful shall each be entitled to appoint one member of the committee.
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