Treasure Island Development Authority

Jan 31, 2024 | Grantees

In 1933, the state granted the tidelands comprising what is now Treasure Island to the City and County of San Francisco for the construction of an airport and then for the construction of the Golden Gate International Exposition. The City built Treasure Island between 1936 and 1939, and in 1941, the City leased Treasure Island to the United States for use as a military base. In 1944, the U.S. Navy took title to Treasure Island and portions of the surrounding unfilled tidelands through condemnation proceedings. The naval base was closed in 1997 and the state granted the state’s sovereign interests of these lands, in trust, to the Treasure Island Development Authority. In 2014, the Commission approved an exchange Agreement in order to resolve uncertainties about the status of the state’s sovereign interest of these lands and to determine which lands the Treasure Island Development Authority will hold in trust.

Treasure Island Development Authority

The Development Authority is required by Section 6306 of the Public Resources Code to complete an annual financial statement and standardized reporting form for trust lands on or before December 31 of each year.

Below is a list of reports the Development Authority has submitted :

Settlement / Agreement Number Description
AD 599 Compromise Title Settlement and Land Exchange Agreement for Treasure Island and Yerba Buena Island
Statute Description
Chapter 912, Statutes of 1933
An act granting certain tidelands and submerged lands of the State of California to the City and County of San Francisco for development and use as a public airport, regulating the management, use, lease and control thereof, authorizing the reclamation and certain improvements of said lands and the construction and maintenance of a bridge or causeway connecting said lands with Yerba Buena Island.
Chapter 162, Statutes of 1935 An act to amend an “An act granting certain tidelands and submerged lands of the State of California to the City and County of San Francisco for development and use as a public airport, regulating the management, use, lease and control thereof, authorizing the reclamation and certain improvements of said lands and the construction and maintenance of a bridge or causeway connecting said lands with Yerba Buena Island.” approved June 13, 1933, to add a new section to be numbered section 4 permitting the use of said lands for exposition purposes.
Chapter 898, Statutes of 1997 The Treasure Island Conversion Act of 1997.
An act to amend Section 33492.5 of the Health and Safety Code, and to add Section 2.1 to Chapter 1333 of the Statutes of 1968, relating to redevelopment.
Chapter 543, Statutes of 2004 Treasure Island Public Trust Exchange Act.
An act to amend Section 8 of Chapter 898 of the Statutes of 1997, relating to Treasure Island.
Chapter 660, Statutes of 2007 An act to amend Section 2.1 of Chapter 1333 of the Statutes of 1968, and to amend Sections 2, 3, 4, 7, and 12 of Chapter 543 of the Statutes of 2004, relating to tidelands and submerged lands.
Chapter 318, Statutes of 2008 An act to amend Section 5 of Chapter 898 of the Statutes of 1997, relating to redevelopment.
Chapter 208, Statutes of 2009 An act to amend Sections 51177 and 51182 of the Government Code, to amend Sections 2772.7, 4291, 5096.518, 5097.98, and 30716 of the Public Resources Code, to amend Sections 7 and 12 of Chapter 543 of the Statutes of 2004, and to amend Sections 1 and 15 of Chapter 660 of the Statutes of 2007, relating to natural resources.
Chapter 429, Statutes of 2011 An act to amend Section 1 of Chapter 594 of the Statutes of 1917, to amend Section 12 of Chapter 898 of the Statutes of 1997, to amend Section 5 of Chapter 734 of the Statutes of 2000, to amend Sections 2 and 9 of Chapter 543 of the Statutes of 2004, and to amend Sections 1 and 11 of Chapter 203 of the Statutes of 2009, relating to tidelands and submerged lands.
Staff Report Description
01/26/2012 (83) Consider a compromise title settlement and land exchange agreement between the State, acting by and through the Commission and the Treasure Island Development Authority involving certain lands located on Treasure Island and Yerba Buena Island, San Francisco Bay
10/14/2014 (102) Consider the rescission of prior approval and approval of a revised compromise title settlement and land exchange agreement between the State, acting by and through the Commission and the Treasure Island Development Authority involving certain lands located on Treasure Island and Yerba Buena Island, San Francisco Bay
04/23/2015 (115) Consider hazardous material remediation finding for the first closing phase as required by compromise title settlement and land exchange agreement
10/24/2019 (75) Consider approving a parcel boundary adjustment, a revised phasing plan, a deviation from trust streets diagram, and making a hazardous material remediation finding for the second and third closing phases of the Compromise Title Settlement and Land Exchange Agreement for Treasure Island and Yerba Buena Island

The legislature has granted lands within the City and County of San Francisco for management by different entities related to the City and County of San Francisco. Each of these has its own grant page. If you did not find what you were looking for here, try the City and County of San Francisco, the San Francisco Office of Community Investment and Infrastructure, and the San Francisco Port Commission pages.