Page 16 - Development Design News Today

Of Gross Revenue in the table and the staff report, you will see an indication that the base rent, the net rent to the port are the same under the current lease and the new lease. However, [speaker not understood] a higher minimum base rent to the port over the term of the lease. Where i indicated earlier, there is going to be a new yearly termination of the lease by the tenant. We want the tenant to be able to stay there for a minimum of ten years. At the edv of that ten years they have to prov...

They go to the board and try to get an ad back for additional funds that things that they think that they need. But the boards discretionary money is limited and each individual member of the board has neighborhood priority and so actually we did get the money in an ad back for the board this year but it was targeted and helping us implement the new lobbyist regulations. Whatever success that we had in regard to getting money for the positions that were unfilled, and the success always, came fro...

Tenants often require in the lease to say if things are not going the way they had planned or projected, [speaker not understood] they want an opportunity to help out. When the fifth amendment to the current lease was entered into in 2007, bae was not given the option to be able to [speaker not understood] not until january this year. So, that was a six and a quarter year from when that provision was provided. So were carrying forward the same term into the new lease because the new lease is goi...

Horizontally. And then the final images of you from donahue and kirk wood, we had the bays along donahue, we have stooped along that street so people can enter their unit along the sidewalk to activate the edge which is a requirement for the d for d and then weve introduced sun shades on this as well as a portion of the frydale. It provides shadow for those units facing this west orientation. I have a couple material boards up here that i can pass around later after the presentation but basicall...

Formally redevelopment land gets the agreements that we had that the state has in their infinite wisdom decided to honor and keep in fact, i think we are one of the few redevelopment agencies in the state of california, particularly the governor had appreciated the way we conduct ourselves in all of the redevelopment agencies decisions. Something i know he realized that because we have a lot of things we are doing and doing it correctly. Its also thankful because this project continues to contri...

But first lets get you up to speed on other stories. Joe was talking about apple. It has been a rough ten weeks for the most valuable u. S. Company. Shares tumbling more than 6 yesterday shedding 35 billion of market value. Among the reasons cited by analysts, a forecast by an Influential Research firm suggesting that the iphone and ipad maker is continuing to give up ground it rival the android gadgets. There were also unconfirmed reports that at least one major stock Clearing House was raising...

3 here. Overnight in asia, the nikkei hit and held 16,000 for the first time in six years and then hong kong and europe are closed. Happy boxing day, by the way. Our road map begins with the markets. Today looks to be yet another record day for stocks. All the major indices set to open in positive territory. Plus, call it a shipping nightmare. Thousands of packages were missing on Christmas Morning after ups and fedex reported extraordinary delays because of hive demand at the last minute. And w...

Copper Communications Network and significant plans to deploy new fiber infrastructure how will the new Fiber Networks handle natural disasters like hurricanes . We know that the copper continue to operate but what happens now with the new Fiber Networks and you know dealing with that issue . How are you going to deal with them . There is unfortunately no Ip Technology congressman that allows you to power the line. You cannot put power over a fiber connection. Fiber has many other advantages in ...

And on many issues, without further a do, i want to introduce supervisor kim. [ applause ] doug and i go way back, actually. I think i brought it up at another Ribbon Cutting the arlington. We used to be in an Affordable Housing Softball League together and i was injured and didnt make it back. Doug make sure we did reasonably well, maybe not. A bunch of nonprofit folks playing softball throughout the city. Im excited to be here at this Ground Breaking. It was 3 years ago when the mayor and i at...

Willing to embark in a process in late 2010 and 2011 and your Equity Partners willingness when the economy was still wavering back then and for recognizing the vision and values of San Francisco and this transbay redevelopment project. Thanks to doug shoemaker and mercy housing for your continued commitment inform to Affordable Housing and economics programs and revitalize neighborhoods and revitalize lives. Finally our infrastructure, our commissioners and it is these folks who work everyday to...