Good evening everyone icing apologizes for Getting Started late with a hang up were calling this meeting to order im supervisor cowen the Land Use Commission and to my right is 93 joining us shortly and to my left is supervisor kim alyssa and thank you jim smith and Jessie Larson from sfgovtv that are busy broadcasting this meeting mr. Clerk could ii actually any motherinlaws devices. Completed speaker cards and documents to be included should be submitted to the clerk. Items acted upon today will appear on the confess 8 board of supervisors agenda unless otherwise stated. Convalescent thank you very much call number one. A resolution authorizing the amended ground lease for 99 years with the twentyfour hour associates for one hundred and 9 housing unit on farrell street. At this time, id like to call supervisor jane kim the sponsor of this legislation farrell street was built in 198 of a 12 Story Building comprised ever one bedroom units a proposed amended ground lease with the parents corporation the tenderloin Development Corporation that manages many of the buildings in the tenderloin this extends the term of lease for another 65 years of Affordable Housing with an option to extend for 34 years for a total of 99 years the project contracts unsought seniors 50 percent of the average medium income technical changes that is the relocation and cash out 80 precedes to other i Financing Options and a pay back to the city of 3. 2 million of ground lease and the rehab of the one and plus units are zero city subsidies the financing structures is by carryback finance and 4 percent cash benefits a number of improvements that will be included included water and updates to the city and the ground floor space for Better Services and the update of the standards colleagues ill ask for youre support this is a building that is an important part of portfolio and one of the fee lunch programs a huge process to the seniors that live in the neighborhood christie chair cowen. No presentation staff presentation. There is a staff member here that may have additional comments. Good afternoon supervisors from the Mayors Office of Economic Workforce Development as supervisor kim the resolution before you to authors the ground lease for 7704 o feral streets foyer a 64 year extension for a number of 99 years insuring the Affordable Housing is permitted and reorder did you payments that facilitate as the supervisor mentioned the cash back financing with the tower and the affiliate to finance the construction of one hundred plus senior units plus one manager unit at the tenderloin without a need for the city subsidies built in 1986 was acquired been an organization that is the transfer the tndc with the original construction the glass fiber reinforced patterson with the failure of those panels with the intrusion issues this resolves the issues for cash portfolio needs as explained by supervisor kim for tndc buildings that dont have other financing that updates the updated h back and another upgrades and building green retrofits for the o farrell to come and facilitates approximately 3. 2 million in payments owed and provide cash out preys to tndc the rehabilitation is for the 4 percent tax credits and financing tndc will utilities the 2 3rds for the mohcd will be held for portfolio projects for which tndc requests the funds be used the portfolios projects will receive loan documents which will specific the new extended declarations of restrictions insuring long term affordability the team expects the construction will begin as quickly as possible to be end of 2016 i think the supervisor may be able to answer the questions. Lets go ahead and ask Public Comment anyone that wants to speak please step forward. Hi my name is charlotte im a student at San FranciscoState University i want to say im in favor of the extended lease and is rehabilitation of the building it is important to make sure that all buildings especially bolder buildings are update and this building will help prevent other equal friendly buildings and instead of developing more lands that is important for the native and other species in San Francisco just be bringing this old building upgrade and with the current People Living in the building and people leaking o looking for buildings so im in favor i believe that is very important for the environment to have the building up to code thank you. Thank you from the public that wishes to speak. Okay seeing none, Public Comment is closed. Supervisor kim would you like a motion. Id like to with a positive recommendation to the full board. Thank you very much that passes without objection. Thank you you madam clerk item 2. Amending the zoning map to establish the chinatown to make the appropriate findings. Supervisor breed is the author and joined us today supervisor president london breed any remarks you want to make. Yes. Thank you chmg im proud to be here on behalf of the chinatown creating a New Chinatown neighborhood commercial sdrishl district or mcd before we do we should go back to the Japan Economic strategy or j h s the product of years it is an extension policy domentsd created and supported by the Community Working krovb with my office and the Planning Department they envision a culturally rich and economically rich environment servicing as the japaneseamerican communities for generations to come it is reimbursed in 2013 and my legislation will pass the board of supervisors one of the 19 remedies of this to create a japantown mcd to ask the community to trailer its district so this process began and now were seeing it through since the j h s passed the japantown community has worked together with the Planning Department and my office we have a fully vetdz mcd that runs along polk street from fillmore and buchanan from post to halfway between sutter and bush extra the this is the heart of japantown corridor most of area is currently zoned mc2 and mc3 the commercial district those are jerking Zoning District e zoning we wanted to create something to specific to japantown the characteristics of the neighborhood and the desires of the community the mcd will include parking maximums instead of minimums and a band on new curve cuts and require the ground floor retail and allow a a 5 foot height bonus and increased residential density we working closely with the community to address some specific needs simple setting a limited on low frequency noise in restaurants and bars and in addition to planning, zoning Economic Committee and retro the times per our controls on retail formula im proud to recognize japantown at some point a jewel in our city was my soak home growing up across geary boulevard in the western edition this will continue the legacy of the plan and insure that Japantown Japantown to not only protected but position to thrive for generations to come the mcd is the japantown community and was unanimously supported by the difference board of Japantown Task force i want to thank everyone that made this possible including the members of the Japantown Task force and i mispronounce the name the Planning Department. Helped to guide the j h s and paul wormer for his expertise and the fearless leader of japantown bob thank you for your years to support japantown and at this time a steve if you have anything to say feel free to come forward at this time. Thank you supervisor president london breed. Steve Planning Department staff excited to see that a great outcome for j h s we appreciate your support. With that, maam, i hope you support it. Lets go ahead and go to Public Comment. Please come forward and speak. Hi a student at San FranciscoState University also i would like to encourage that in the new development there is more local businesses rather than big businesses having local businesses with owners that capture the culture of japan and San Francisco is a good sense of communities and local businesses are more likely to spend locally and stimulates the knew they have anymore freedom to run vooim i environmentally by using less transportation to obtain their products thanks. Thank you very much. Thank you. Next speaker, please. Well, first the United States in 1970s of late 1990s ive not been to japantown but my japanese roommate and it was so striking to see a movie and the potential physical entities of Japantown Center it was a nice family for girlfriend and boyfriend and husband and wife and all the romance of the happy spirit thank you. Thank you very much. Next speaker. Good afternoon, supervisors im bob im the executive director of the Japantown Task force on behalf of the board of directors of the Task Force Im here to urge youre approval the proposed ordinance and recommend adoption of recommend japantown neighborhood commercial district resolution the enact time as the owners for as supervisor president london breed mentioned earlier is one the recommendations in the j h s the city enforced plan for japantown it is the view of the zoning controls are more business friendly and increase the potential for more Development Units we look forward to this approval thank you very much. Thank you. Next speaker, please. Govern supervisors im paul wormer i was one of the folks that was involved in playing with this for many years i really want to thank the Planning Department staff and sprooedz in helping us coming up with a really good plan thank you. Thank you is there anyone from the public that wishes to speak seeing none, Public Comment is closed supervisor president london breed what do you want us to do with this did you make a motion colleagues. Ill make a motion to move that forward wmg and r r with a positive recommendation and looks like without objection this motion passes madam clerk, is there any additional business to come before this body . No, that concludes our business. No further business before us this meeting is adjourned us this meeting is adjourned thank working for the city and county of San Francisco will immerse you in a vibrant and dynamic city thats on the forefront of economic growth, the arts, and social change. Our city has always been on the edge of progress and innovation. After all, were at the meeting of land and sea. Our city is famous for its iconic scenery, historic designs, and worldclass style. 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