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  • Not vetted for CNN

    • Click to view dean783's profile
    Posted March 28, 2011 by
    dean783
    Location
    San Francisco, California
    Assignment
    Assignment
    This iReport is part of an assignment:
    My City, My Secret

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    INTERIM REPORT ON THE TAXI MEDALLION SALES PILOT PROGRAM. (Draft) Taxi Advisory Council.

    By dean783  |  Posted March 28, 2011  |  San Francisco, California
     

    INTERIM REPORT ON THE TAXI MEDALLION SALES PILOT PROGRAM.  (Draft) Taxi Advisory Council.

    Here is a draft version of the "INTERIM REPORT ON THE TAXI MEDALLION SALES PILOT PROGRAM".  This is the agenda item for discussion and possible action for the Taxi Advisory Council meeting Monday, March 28, 2011.

    INTERIM REPORT ON THE TAXI MEDALLION SALES PILOT PROGRAM
    HISTORY
    On
    ____, the SFMTA Board of Directors authorized the sale of S.F. taxicab
    medallions on a provisional basis and under specific conditions*
    (include authorization language as attachment). The key elements of this
    pilot sales program were:
    1. All sales to be voluntary
    2. The pool of potential sellers to be limited to individuals 70 or older, or any medallion holder with a qualifying disability
    3. The pool of potential buyers to be limited to active drivers on the medallion applicant waiting list
    4. An established sale price of $250,000
    5. The
      creation of a Taxi Advisory Council to oversee the pilot program and to
      advise the SFMTA Board of Directors on taxi industry matters
    ... Read Entire Article...

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