Page 2 - Development Parcel News Today

Good afternoon everybody and welcome to San Francisco board of supervisors meeting of tuesday september 20, 2016. Madam clerk please call the roll. Thank you madam president. Avalos, present. Breed, here. Campos, present. Cohen, here. Farrell, present. Kim, not present. Mar, not present. Peskin, present. Tang, not present. Wiener, present. Yee, present. Kim, present. Madam president yoi have a quorum. Thank you. Ladies and gentlemen, please join us for the pledge of allegiance. I pledge allegian...

Clapping call the first item. Thank you, madam chair the first order of business is item one roll call commissioners respond commissioner pimentel commissioner bustos is absent commissioner singh commissioner mondejar is absent commissioner rosales commissioner mondejar and commissioner bustos are absent all other members of the commission are present the next order of business announcements a the next regularly scheduled meeting on august 16, 2016, at one p. M. At city hall and b announcements ...

Affordable housing incentive of 35 percent for the transbay redevelopment plan area the under the redevelopment dissolution it is an enforceable obligation that occ is assumed to go before the Oversight Board and the called department of finance to determine it is in the best interests board of supervisors acting a protective body it remains the effort authority to review the material to the ocii Affordable Housing those actions will happen later this month and early december i want to point out...

Was not dlofrdz until i reviewed the loan document and brought it to the council more and more wills this was a mistake that had been made in 1994 unfortunately yeah. Do you have any questions i want to raise before the impanel supervisor bustos thats not here. I have questions so when we make this loan there are interests payment that have to be made were those payments made and the Interest Payments under the loan are only made in it was in default and custodial due otherwise no interest payme...

Commissioner singh we have a second commissioner mondejar please call roll. Commissioner mondejar commissioner singh supervisor bustos is absent arrest madam chair rosales madam chair the vote is 3 is and one absent. Okay seeing the item passes thank you please call the next item the next order of business is continually authorizing the amendment to the transbay option for the purchase and sale of Real Property to take related actions to facilitate the Transbay Joint Powers Authority and golden ...

And the called department of finance to determine it is in the best interests board of supervisors acting a protective body it remains the effort authority to review the material to the ocii Affordable Housing those actions will happen later this month and early december i want to point out you have a revised reducing resolution in front of you basically, we made editing changes and fixed some type were recommending approval of t the First Amendment and we may make some minor changes Going Forwa...

Enclosed that possibility so the board voted in order to comply with Historical Preservation laws and policies it will not move to demolish it even though there might have been an argument the need for greater immensity we might have been able to get the approval from the commission we decided we were working in partnering with the city not to pursue that at the end of the day thats one of the reaps why m mc decided to secondly, it it will be a greater liability for money to take it councilmembe...

Come parable highrise sales prices. At the hearing on september 12th, the commission inquired whether the 13. 85 million is reflective of todays values given the price increases that have occurred, since the analysis was finished. It is difficult to say how much real variation there will be in the values for a number of reasons, first the project is unique and it has a variable set of come parable property and there has been evidence of significant activity and price increases in the middle of t...

The roll . Commissioner singh, yes. Commissioner bustos. Yes. And madam chair. Yes. Three ayes and one absent. Item five, consent agenda, approval of minutes, august 19, 2014. Madam chair . Yes, i believe that first we need to call for Public Comment . Do we have any speaker cards . I have no speaker cards. So there is no speaker cards and are there any comments or questions, edits to the minutes . I move the minutes. Motion, by commissioner singh. Second. I think that it is appropriate for comm...

Redevelopment plan area the under the redevelopment dissolution it is an enforceable obligation that occ is assumed to go before the Oversight Board and the called department of finance to determine it is in the best interests board of supervisors acting a protective body it remains the effort authority to review the material to the ocii Affordable Housing those actions will happen later this month and early december i want to point out you have a revised reducing resolution in front of you basi...