The San Francisco port sold $36.7 million in bonds to pay for a variety of major waterfront projects, the latest step in a multi-pronged approach to shore up its aging assets. The revenue bonds will help pay for a new cruise ship terminal at Pier 27, renovate a cargo shipping site, refurbish other piers to attract new tenants and a range of other projects. … Old piers and aged buildings, some of which were built 100 years ago, need new roofs, floors, supports and more. Some piers have been shut down because they are not safe to use. The port risks losing those piers forever if it can’t find enough money to rehabilitate them.
