Page 27 - Disposition Development News Today

58. 6. To get the 60 million it would require us to go to the board of supervisors to get approval for the bond capacity. This would also direct staff to prepare that resolution for the board of supervisors to increase that. So, if i mentioned this would be the first to our knowledge new money bonds. There have been refunding bonds that have been approved by success or agencies but were not aware of new money bonds. This is probably the strongest pledge agreement that we have that will make it e...

Regional think tanks with top developmental agencies should be forced to meet open a regional basis and think about the regional resources they hadnt to be located in their particular jewish regions but it makes more sense because of their economic dynamics to satisfy a particular need for the region and that particular location shouldnt suffer as some economic consequence for the fact that that regional asset is located there lets get mayor lee to speak open that. Mayor lee im telling you bruce...

Tax increment for this tax purpose so weve built approximately close to 1,000 today, but about 6,000 still exist, so its the obligation and funding stream. If the city were to accept the obligation, it would have to identify a funding stream so it would be unwise for the city to accept the obligation without a source of funds to do it. Okay. I think i have some more thoughts on that, but thats not part of this resolution so well move on to other questions. Can you just also explain again sort of...

Additional head room in that tax increment for this tax purpose so weve built approximately close to 1,000 today, but about 6,000 still exist, so its the obligation and funding stream. If the city were to accept the obligation, it would have to identify a funding stream so it would be unwise for the city to accept the obligation without a source of funds to do it. Okay. I think i have some more thoughts on that, but thats not part of this resolution so well move on to other questions. Can you ju...

The r directors are wonder. The pine lake is natural. They take of the area around the lake. They plant natives that are drought tolerant. One that stands the dry summers here. The whole park is under going quite a bit of reconstruction. They will renovate the trails around the lake. And the big project is the Capital Project for pine lake meadow. They are going to returf the dog run and the meadow by the day camp. We are looking for a very busy fall. By the spring of next year should have major...

And these items are considered routine, and the staff are not planing to present these and if a member would like to sever an item for discussion, we can do that. All right. Thank you very much. So would anyone like to sever this item . Would any of the commissioners like to sever an item. It looks like there is no interest in that. So we can continue. Okay. Thank you. Is there a motion . Okay. There is a motion made by tang, and seconded by david chiu and passes. Number four, to Authority Execu...

Powers authority. If we could get the projector going i seal ill show you what it looks like today. Staff is requesting authorization hard and soft costs for a turnkey delivery of the realigned off ramp and the total cost is estimated to be 2. 833 million which includes hard cost, project reserves, Construction Management services and other construction support costs as detailed in the table attached to the staff memorandum. Zip since the project will not bid until early 2014 is awarded Contract...

Would be unwise for the city to accept the obligation without a source of funds to do it. Okay. I think i have some more thoughts on that, but thats not part of this resolution so well move on to other questions. Can you just also explain again sort of the separation of the income stream from mixed use property that is are being transferred . What does that mean . So disillusion laws provides for an ability for the Oversight Board to make a determination that if you had a mixed use as sets bra O...

Address the toxic condition has the land obey rewhat studies were done and sort of the current status. Im happy to do. We went through this action when we constructed herself ones park in the late 90s but with the expectation of commissioner brian denouncing done this is new to many commissioners. So herself responses head park like most of the San Francisco shoreline was made up, up file. Most of the fill is rock and gravel and some construction and debris like asphalt and concrete and bricks, ...

What we have to do. February 6th. Is that adequate for the project sponsor to do something by february 6th . That would be wonderful. Can i ask for a little bit more feedback which is would the addition of an extra bedroom make this feel more approvable. Is there any feedback other than us working with staff i heard the commission say they wish to see a larger unit on the second floor. The addition of an extra bedroom could make it feel that way. The feeling that they are, i think we are seeking...