We are affirm rights as first peoples and wish to pay respects to the Ramaytush Ohlone community. Good morning and welcome to the rec and park meeting december 21 of 23. Turn down electronic devices. Public comment will be available for each item unless announced by the president each will have 2 minutes on each item. The commission will take comment from people in person then from attending remote. If you would like to present an item request but dont require you to complete a blue card. You may provide remote via webinar or phone by calling 4156550001. When you heart item am you would like to comment on dial star 3. You will be lined up in the system. The system will notify you in line and waiting. All callers on mute until their line is open everyone must account for delays in speaking. Address your comments on the commission. To allow equal time for all the commission will respond to questions during Public Comment they may ask questions after Public Comment is closed. If there is
Electronic devices. [inaudible] items acted apauchb today will appear on february 9 board of supervisors genda unless otherwise stated thank you madam clerk. Can you call item 1 and 2 together . Resolution [inaudible] the Public Interest and [inaudible] demand the construction, acquisition improvement seismic strengthening and betterment of critical [inaudible] homeless shelter and Service Facility and related cost necessary or [inaudible] find thg estimates cot of 350,000,000 is too great to paid out of the annual revenue [inaudible] item 2, ordinance called and provider for special election to be held in the city june 7, 2016 submitting to voters to incur bonded debt of the city. Colleagues we have these items we continued from last week here at committee and brian strong was director of capital planling planning is here to provide a presentation. Thank you very much. Brian strong director of Capital Planning. Good morning. Happy to be back before you. Let me just get the presentatio
350,000,000 for the 6 proposed projects and that is page 9 of our report. On page 9 we report that the project crossed totaling 350 350 million do not include furniture cost or equipment. Such cost total 10, 800, 000 dollars. On page 10 of our report we state the bond will result in smailted total debt service of 603, 999, 767 dollars including 253, 997, 757 in intrest and 350,000,000 in prinssple with debt payments of [inaudible] and that is over a approximate 20 year period. The owner of a Single Family residents with value of 600 20 year period. The owner of a Single Family residents with value of 600,000. Additional property tax of 54, 27 cents to cover the general Obligation Bond. All such property tax increase should be offset through the [inaudible] general Obligation Bonds. On page 12 of our report we have two recommendations, first we recommend you amend the ordinance and resolution to add on january 26, 2016 the Planning Department determined the bond [inaudible] Community He
Thank you madam clerk. Can you call item 1 and 2 together . Resolution [inaudible] the Public Interest and [inaudible] demand the construction, acquisition improvement seismic strengthening and betterment of critical [inaudible] homeless shelter and Service Facility and related cost necessary or [inaudible] find thg estimates cot of 350,000,000 is too great to paid out of the annual revenue [inaudible] item 2, ordinance called and provider for special election to be held in the city june 7, 2016 submitting to voters to incur bonded debt of the city. Colleagues we have these items we continued from last week here at committee and brian strong was director of capital planling planning is here to provide a presentation. Thank you very much. Brian strong director of Capital Planning. Good morning. Happy to be back before you. Let me just get the presentation. That may be the best that i can do on this right here. There we go. So, today we are bringing back before you health and safety bond