Constitution. Id like to answer any questions thanks. Any other members of the public wish to commit seeing none, Public Comment is closed. We have some other amendments can we take that without objection item 10 resolution approving the commission lease l25255 with the east street for the restaurants space located at 295 on the boulevard in the Central Waterfront for the greater amount of 7 percent of gross receipts or 10 thousand and plus. Supervisors jeff im the ports leasing manager. Between the port and e Street Ventures. It was approved to request a Restaurant Operator for the operation of a restaurant on the site in the southern waterfront. There was proposals for the design and renovation for the existing building. The ports oufg what to seek the best qualified. Following scoring the proposals and e Street Ventures was selected and the folks were approved as of july 21st. Some key items of the lease its a 15 year lease we anticipate it will begin open october 1st. The greater a
I could speak real quick. As last speaker ive been trying to. Lets go. In meeting its obligations under the lease i believe it puts at risk its exempt status. At a minimum it will receive income from activities if those activities were to continue to come gem continued access to noni did not get. I dont know what information the committee has on this but you should satisfy user with this before preceding with this lease thank you. Thank you. Next speaker, please good morning supervisor farrell. Im a Vice President of the first t board in San Francisco. Id like to respond to the testimony of the previous gentleman. We have vetted this proposal and on their advice with the board direction we created a separate Nonprofit Foundation to actually act as lessee in this regard. Its xhoeptd of 7 members and specifically by agreement nor more than three of the Board Members can be first t affiliates. So we want to maintain our tax status. So thank you supervisor mar. I want to say that i dont th
You should satisfy user with this before preceding with this lease thank you. Thank you. Next speaker, please good morning supervisor farrell. Im a Vice President of the first t board in San Francisco. Id like to respond to the testimony of the previous gentleman. We have vetted this proposal and on their advice with the board direction we created a separate Nonprofit Foundation to actually act as lessee in this regard. Its xhoeptd of 7 members and specifically by agreement nor more than three of the Board Members can be first t affiliates. So we want to maintain our tax status. So thank you supervisor mar. I want to say that i dont think there could be a better nonprofit entity to run the course than the first t and foundation. I want to thank dr. Aefrpd for for decades of education but continuing in emphasis retirement to help the young people and communities with his role in first t and from what ms. Powell said first t has developed into an Amazing Organization that has changed the
Chairman and members of the committee as shown in table two on page 29 of the report the budget oversee the 4 year term from july 1st, 2013, to 2017 is 87 million and thats in direct provider costs and administration costs. The total proposed budget of 20. 3 million is 6. 3 percent more than the 2013 of 19 million plus. Thats due mainly to increase in salaries and benefits. Our recommendations on page 3 we recommend that you approve the contract as of july 2013 and to clarify the contract in the amount of this or that Million Dollar is not to exceed and we recommend you approve it okay colleagues any questions. Okay. Thank you very much. Well open it up to Public Comment anyone wish to speak on this item maam . Hi im margaret im the executive director of the in home director of the consortium i approve the resolution. Those services are a credible component of the longterm care Continuum Services that the city provides for the elderly we provided the services for the most challenged. A
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