Where that capacity doesnt exist and that is a balance. Thanks again. One thing i would add and i want to thank supervisors avalos for this process that we have done our best to leverage outside funding is the really desire for people to do it not just at this park, but at other places throughout this city. I think present my perspective and i appreciate the comments and where thats going potentially, i think as people get more engaged in the city, opportunities come like this for fruition and develop and it bodes well for them for people to continue to get involved in our city throughout San Francisco. This is a part in our area of town and there are going to be other opportunities that are going to be tremendous. We are now bringing people into the fold as being part and contributing to the parks and recreation system and its going to be an exciting opportunity. So colleagues, if no other questions, at this point in time. Mr. Rhodes, can we go through your budget analyst report, plea
Closely with us on pledging funds for development and maintenance. They have raised over 9 million and pledge to raise 11 million. 5 will be ooud used for development and maintenance of the park. Our next Acquisition Policy is to look at the variety of the recreational and open space uses. This area is large and with our existing land it will be over four 4 acres of open space. We can do a number of things on this land. From eating, to active areas, possibly a dog play area and walking and bicycling and sports. For details of the acquisition. The Purchase Price is 9. 9 million. We are looking to pay that over 12 arrears from years from the puc. The money that our pd has in this acquisition fund. Well be receiving the same amount of interest as we are paying out to the puc. The jurisdictional transfer is governed by an mou. This Analysis Shows you our estimated deposits over the next 17 years and our projected fund balance as well as our projected payments for francisco reservoir. The e
Meeting with supervisor farrell and part of this business working group. Working group in poor neighborhoods in San Francisco. I like end it last week to wind is surfing in the tsunami which wouldnt happen. We had open meetings. I always felt whats good for folsom california is good for sacramento or whats good for San Francisco is good for russian hill and vice versa. I have been to dolores park. All of us have gone to golden gate park. Parks is necessary for kids. I never thought i would never see this day. I said to supervisor farrell, if you can make this happen, i think you should start turning water into wine. [ laughter ] thank you, ms. Moylan. Next speaker, please. John lack man, russian hill improvement association. Good morning supervisors. I was going to focus on the collaboration and neighborhood operations but supervisor farrell did a better job than i. The Community Organizations that has given us their support verbally and many in writing come to the full area of distric
There is definitely not enough open space. The proposed property is accessible by a number of muni lines and especially by the hyde street cable car lines. The project has brought citywide support and i hope that all of you will support it as well. Thank you so much. This you very much. Next speaker, please. Good morning supervisors. My name is tyler, an intern. Im in favor of this vision. This is a great opportunity for all San Francisco. Thank you. Thank you. Next speaker. Im going to call a few more people. Hello, im didi. I live downhill from the reservoir near galileo. Im a retired schoolteacher. I have 10 grand children. So i think i know something about the parks and kids and the benefit this would have for all. The area is bounded by van ness. Chinatown is one of the most densely Populated Areas in the country and it is as weve talked about, its severely under parked. Although technically the political district 2, the majority of residents would most likely use the park live in
There is definitely not enough open space. The proposed property is accessible by a number of muni lines and especially by the hyde street cable car lines. The project has brought citywide support and i hope that all of you will support it as well. Thank you so much. This you very much. Next speaker, please. Good morning supervisors. My name is tyler, an intern. Im in favor of this vision. This is a great opportunity for all San Francisco. Thank you. Thank you. Next speaker. Im going to call a few more people. Hello, im didi. I live downhill from the reservoir near galileo. Im a retired schoolteacher. I have 10 grand children. So i think i know something about the parks and kids and the benefit this would have for all. The area is bounded by van ness. Chinatown is one of the most densely Populated Areas in the country and it is as weve talked about, its severely under parked. Although technically the political district 2, the majority of residents would most likely use the park live in