About our beloved Treasure Island here in San Francisco:
Politicians with ties to land developers are trying to force the Navy to hand over one of the most valuable pieces of property in the country for free. The House version of the 2010 Defense authorization bill scheduled for conference today contains language that would speed the transfer of Naval Station Treasure Island to the city of San Francisco at no cost.
Treasure Island is a 535-acre man-made island in San Francisco Bay owned by the U.S. Navy. The naval station was selected for closure in 1993, and Navy operations ended there in 1997. Some of the property was transferred to the Federal Highway Administration, the Labor Department and U.S. Coast Guard, and the rest is open for development…[Full Article Here]