But at a lower level than recommended and so we arent able to restore outlining all the funding within the puc budget for all Program Areas and when i say Program Areas im talking about the Infrastructure Improvements in our Generation Assets of country im talking about our Energy Efficiency and renewal programs in San Francisco and im talking about street lights. Those are the Program Areas that are in consolidation for Street Light Fund our net operating fund are what we are and have to be allocated among the responsibilities can you help us under and the board of supervisors would have to agree when you talk about the general offhand thats other city departments they pay for electricity and if the full increase is granted would that be significant. Its an opportunity yes. What are i wouldnt tell but there are plans for improvements that have to be deferred. Id be interested in knowing what that goes up to its speculative you know, i could envision a scenario where theres increases i
The cities Better Cities plan was adapted and better street lights plan was, you know, express the cities interest in encouraging pedestrian lights in corridors. As the chair mentioned, you know, those commercial corridors was improved pedestrian left to right become more active spaces so it helps the city economically so in following the deposition of the better street light plan excuse me. My staff and i presented a light policy to the puc the puc accepts ownership for future pedestrian lights. As you see pedestrian left to right systems installed and the neighborhood improvements occur the puc accepts those pedestrian lights and becomes the owner and operator of those pedestrian light as well so when a development is happening for example. Uhhuh. And the project sponsor is required to upgrade the lights are those also pedestrian grade lights new. Theyve been required to put in street lights and now they have to include a pedestrian component. Now outside where you have a developer t
Focus masonic the safety concerns and not so much the authentic concerns we also hear from the public about. One if the new Program Areas we have is pedestrian lighting. The cities Better Cities plan was adapted and better street lights plan was, you know, express the cities interest in encouraging pedestrian lights in corridors. As the chair mentioned, you know, those commercial corridors was improved pedestrian left to right become more active spaces so it helps the city economically so in following the deposition of the better street light plan excuse me. My staff and i presented a light policy to the puc the puc accepts ownership for future pedestrian lights. As you see pedestrian left to right systems installed and the neighborhood improvements occur the puc accepts those pedestrian lights and becomes the owner and operator of those pedestrian light as well so when a development is happening for example. Uhhuh. And the project sponsor is required to upgrade the lights are those al
Circumstances of this building, but the way the expedited conversion process if they can set up, if they convert this year they can take advantage of the Conversion Program that begins on april 15th and goes for about 9 months. I believe they can also take advantage of any of the subsequent years of the expedited conversions process as long as they remain eligible. The entire program extends for 8 or 9 years. If they didnt choose to convert this year, they can convert through this process paying the fee in subsequent years. Thank you. Supervisor campos. Thank you, just a quick questions, just reading the memo that we have in the packet from the Mayors Office of housing. So you said earlier this property was the total value of the property is about 1. 9 million. It says here the property was bought in 2006 at 645,000 is that correct . Because of the quick turn around, supervisors analysis, we did a quick review of what was on zillow at the time that 645,000 was the last sale of the one
Improvements in your home whether you wanted to do other sort of improvements to imove the condition of your life. Im actually on the memo now. On page four it satisfies after deducting Standard City administrative fees. What is this based off of . Is it decrease in potential mortgage payments due to interest decreases . Right. Its the value of going from a joint tic ownership model to an individual condominium owner. Its a superior form of ownership as you increase the benefit. That was part of the 2001 nexus study. Even without selling your unit there is a financial benefit with your mortgage benefit at the moment the subdivision map is conferred. Can you explain about the fee deferral profit at which point you are granted the financial benefit. What would the process of applying for the deferral be . I know that you can use that to pay towards your condominium conversion bypass fee . John from the city attorneys office. Maybe i can address some of the questions, because this is a 3u