Angela Calvillo, the clerk of the Board of Supervisors, stated that the use of the City Seal in a private investor presentation was unauthorized and must cease immediately.
Calvillo emphasized that only she has the authority to permit the use of the city seal, highlighting that any unauthorized use is a violation of the San Francisco Administrative Code.
Farrell claimed he did not create the investor presentation in question, which featured the city seal. The document was prepared by a third party for Inspirato’s public offering.
Calvillo expressed concern that the inclusion of the city seal could mislead investors into believing there was official endorsement from the city regarding the investor presentation.
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