Good afternoon, everyone and welcome to the tuesday, november 15, 2016, meeting of the San Francisco board of supervisors mr. Clerk call the roll. Thank you madam president supervisor avalos supervisor president london breed supervisor campos supervisor cowen supervisor farrell supervisor kim supervisor mar not present supervisor peskin supervisor tang supervisor wiener supervisor wiener not present supervisor yee, supervisor yee not present madam president we have quorum. Thank you ladies and gentlemen, please join us of the United States of america and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Thank you, madam clerk any communications. Yes. Madam president were in resident of two communications the first from supervisor wiener and supervisor yee dated november 1st and 14 con seismically both supervisors will be absent and requests the board excuse them from the meeting and okay. Colleagues a motion to excuse supervisor w
Sponsored that development over and over again and saying we committing to high levels of Affordable Housing im not just depending on a positive optimistic outcome into the future but guarantee with the marketrate. I dont the redevelopment agreement didnt have triggers we stop or pause with the open agreements in the way the agreement was structured tmc hats the infrastructure to move forward in the city to have the obligation to delivery the Affordable Housing subject to 9 financial structure that was included isnt financing plan. Okay. So the plan didnt include any conditions that will stop or reopen the terms of the agreement. If i may add supervisor another schufrn of the funding solution involves the local Share Participation what weve tried dpa make a commitment at that level but allow us opportunity to get a consensus how we should work with the board and the mayor to think through strategic upstairs steps without over burdening the general fund in ways to secure the projects ga
Financing package. When port inaudible came to you in september we identified these savings so we would be returning to you to figure out what to do with that funding. Well, this is us coming back and saying that theres a plan to spend those funds, about 1. 2 million on public restrooms, we have amador street repairs and pier structure repair. You can see the pier structure repair project is really critical. We can just keep funding that project for the amount of work that we want to get our pile repair crew to address over the coming years. Actually just to go back to that slide, but i just want to emphasize that this is a neutral change that im not counting it as Additional Capital spending because were reallocating it from other projects and reallocating it to new priorities. So just to reiterate, i believe we have controlled our operating expenditures. Like i said, its only about 4. 5 percent increase in the first year and both fiscal years were allocating or designating significan
Project for the amount of work that we want to get our pile repair crew to address over the coming years. Actually just to go back to that slide, but i just want to emphasize that this is a neutral change that im not counting it as Additional Capital spending because were reallocating it from other projects and reallocating it to new priorities. So just to reiterate, i believe we have controlled our operating expenditures. Like i said, its only about 4. 5 percent increase in the first year and both fiscal years were allocating or designating significant amounts of operating revenue to future capital. We are showing Strong Revenue projections and as far as Capital Projects, port staff really looked diligent in identifying the highest priority projects that we think are ready, not just high priority, but shovel ready, ready to move forward, or if they are not shovel ready that were doing things like doing a see wall study and an eir on the southern waterfront. So next steps, on the 21st
Pier structure repair. You can see the pier structure repair project is really critical. We can just keep funding that project for the amount of work that we want to get our pile repair crew to address over the coming years. Actually just to go back to that slide, but i just want to emphasize that this is a neutral change that im not counting it as Additional Capital spending because were reallocating it from other projects and reallocating it to new priorities. So just to reiterate, i believe we have controlled our operating expenditures. Like i said, its only about 4. 5 percent increase in the first year and both fiscal years were allocating or designating significant amounts of operating revenue to future capital. We are showing Strong Revenue projections and as far as Capital Projects, port staff really looked diligent in identifying the highest priority projects that we think are ready, not just high priority, but shovel ready, ready to move forward, or if they are not shovel read