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Transcripts For SFGTV 20141214

Make that amendment as so stated and i think we can do that without objection. [gavel] so at this time we will take Public Comment on this item. No members of the public to address you on this item. Seeing no public we have a motion and approval. Roll call please. Motion to approve to correct the date and the whereas cleaz to december 13. Director nuru. Yes. Director reiskin. Aye. Director harper. Aye. Chair kim. Aye. That is four ayes and that item is approved. Thank you. Can we please call item 10. Item 10 is approving amendment to the contract with Webcor Obayashi to award a contract to shimmick with the lowest bidder in the amount of 5,875,000 and the bollards and barriers and increasing the direct costs by the same amount and authorized Construction Services fixed fee by 446,500. We will report on this item. On the suggestion from Board Members were open to questions since the contracts are fairly straightforward and we do have a question. Director reiskin. Just two questions. One

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Transcripts For SFGTV 20141215

Most of the revenues are designated to trances bay so in order to move forward with receiving those funds the mello roos act requires that if an entity other than the entity levying the tax, which in this case is the city, is actually receiving the revenue there needs a joint facilities agreement and the agreement specifies how the funds will be spent and its laid out in the implementation document that accompanied the Transit Center plan and allows us to spend the funds on the d tx and the rail components and the roof top park so the resolution before you today would approve that agreement. The city already approved the agreement through the board of supervisors when the resolution of intention to form the Community Facilities district was approved by the board on the 15th so we need to move forward on our end before the board of supervisors considers the ordinance to levy the special tax for the cfd. I wanted to note and you see on the slide here the citys original schedule had the b

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Transcripts For SFGTV 20141219

Important to provide that secure, safe environment for transit users, visitors and residents and workers in the neighborhood. Last but not least the schedule that we anticipate and that is necessary in order for the retail component to open coincidentally with the Transit Center is as follows. We open to issue the rfq in coming days which is the primary qualifying round of the process. And we would then issue the rfp to those qualified teams in the First Quarter of 2015 with the anticipation of executing a development excuse me, a master Lease Agreement in the fall of 2015 and then opening the retail in 2017. This gives the designated Team Two Years preleasing activity which we deem appropriate for this amount of space and that concludes my presentation and open up to questions. Thank you. Recs are there any questions or comments . Director reiskin. Yeah thank you. I think its a great report and concept and i think essentially out sourcing the entire operation makes all the sense in th

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Transcripts For SFGTV 20141219

Submitting the lowest responsive bid in the amount of 137,777 and the authorizing Constructions Services fixed fee by 10,471. And we will answer questions if you have any on this item. I would move approval. Second. Okay. Seeing no questions on this item we will now open for Public Comment. No member seeing none. Close Public Comment. We have a motion and a second. Roll call on this item. Director nuru. Aye. Director reiskin. Aye director harper. Aye. Chair kim. Aye. Thats four ayes on item 11 is approved. Thank you. Item 12. 12 is authorizing the executive director to amend the professional Services Agreement for Community Benefit district formation Assistance Services with mjm Management Group to change the term of agreement to two years and option to extend for additional year as well as increase the total compensation not to exceed value of 79,900. Scott can zero answer questions or have a presentation. Just a summary. This item extends a contract with mjm Management Group. They ha

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Transcripts For SFGTV 20141219

Of occupancy growth and rent of 15 quarters. The neighborhood is experiencing a flurry of activity and is now considered the must have address by notable companies. Some of the strong market fundamentals as i have mentioned include work force population with over 6 million square feet under construction of new office space we anticipate that there will be another 35,000 workers in the trans bay neighborhood with over 4500 res Residential Homes under construction we anticipate 7,000 new residents in the neighborhood, not to mention that San Francisco continues to be one of the top tourism destinations in the country with over 16. 5 million visitors annually and approximately 100,000 visitors to the trans bay trans itd center are anticipated. Moving on to the approach and i cant under score enough about the creation of this culture of service excellence, so in order to do that the tjpa seeks to contract with an experienced owner, developer leasing agent or manager of real estate spaces s

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