An unreinforced masonry building, once we are out of, well be transferring to the General Services agency, they will then be seismiccally retrofitting for the animal care and control. The other part of this is the expansion for our muni metro east, our newer of our two rail yards. Put the first light rail in service last year, we should have 24 cars here by this summer, and in order to accommodate those cars, as well as the additional 44 that are coming as part of a contract that you have approved, all of which would be here in the next few years, we need the physical space to fit them all so we can house and maintain them. Other main areas of transit have to do with major corridors, better Market Street project, in you are fairly well familiar with. I think youve had recent briefings from transportation authority. Significant part of funding for the project is coming from this bond, and as you know, we made some Good Progress on better Market Street, hoping to be done with preliminary design within the next year, and the ground in 2020, so the funds are necessary to advance the design to get towards that first phase construction. Likewise, Improvement Project which i know supervisor tang is intimately familiar with approved by the m. T. A. Board of directors and will be getting ready to go out to bid this year. So, its will soon be ready for the remaining design funds and then subsequently construction funds, partly paid for by the bond. I should mention, these bond dollars leverage lots of other Funding Sources, federal funds, both of these projects will have federal funds and other regional funds, so we are using these bond dollars to leverage other capital dollars at the Regional State and federal level. Finally, a small bit but important one, we have engaged with bart to participate in their, the canopy project. You may have seen these canopies, one currently constructed at stockton and market, i believe. And this is sent primarily escalated reliability measure to keep the weather and other problematic things out of the escalators so they spend more time running and less on repair. The street side of the bond, transit and streets. On the street side to advance 0 efforts, a number of different categories of improvement, largely in Pedestrian Safety but other traffic signal improvements and complete street improvements to further implement our visions, 0 strategy, bike and pedestrian plans, and you put that all together, you can see because a lot of these projects are fairly ready to go, particularly those facility projects, its a pretty, a pretty strong spending curve that will have about 90 of the funds from this issuance expended by the end of next year. I wont go through these, but for your benefit and that of the public, these are the specific projects under those broad categories, i mentioned, youll see the purpose or reddish color is construction, which means a lot of these are either in construction now or ready soon to go into construction which accounts for the rather quick pace of expenditure associated with them. So, these are the transit projects, and then these are the Street Projects, the Street Projects are, some of which are in, or going into construction. Some of these are more in the planning and design phase, and thats why theres a relatively smaller amount of this issuance on the Street Project side. So thats what the 177 million for the second issuance is for, and i would be happy to answer any questions. Supervisor tang thank you for the presentation and i support many of these projects here that are in, as part of this issuance. And certainly know the importance of a lot of these Capital Projects. One comment ill make is projects such as the el taraval, waiting for m. T. A. To be ready for the track replacement so we could never repave the whole road. I know its our practice to combine as many projects as possible, you get in once and redo everything, but also meant ever since another supervisor, i dont know if this will, i hope the schedule will continue on track, we havent done anything to that stretch. So, im just wondering how it is in the future, i know a lot of Public Comment you have to take on some of these muni forward or rapid projects, but it really does cost delay and other critical things that need to happen, such as the track replacement or the street repaving that goes along with it. So, any thoughts as you are moving forward with other rail lines and so forth . Yeah, so, thank you for the question and through the chair. We are trying to make sure that we are coordinating all of these projects. And if i recall when i was at public works, they did not have the Rail Replacement money yet, that comes largely from federal formula funds that flow through the region, and at the time when we were ready to repave back in whenever that was, 2009 or so, the m. T. A. Did not have the Rail Replacement funds ready. That was before the full muni forward project was even envisioned. So, sometimes we have the issues where we are trying to line up with Funding Sources from the different agencies between m. T. A. , public works and p. U. C. Primarily, and that can lead, in order to do the project right and do it once, that sometimes means some agencies are delaying their scopes. So that was one issue on taraval, which is now behind us. In terms of then the muni forward process, we certainly have a lot of Lessons Learned as you can imagine again. I know you are very instrumental in el taraval. What we learned from that process came a lot from your direct involvement and your offices involvement and support and i think the main probably, the simplest lesson learned, more investment in time up front with the community and probably with a little bit less of a defined project to clearly define goals and problems to be solved and issues addressed, less advanced design at the front end of the process will make the process go smoother and the investment of time up front will save time down the road. With taraval, a fairly well defined scope based on the work under the transit effectiveness project. And then we spent a lot of time negotiating elements of that scope rather than saying here are the issues we are seeing on taraval, not just transit reliability, but safety, and the infrastructure issues and working collectively to figure out what the right scope is to solve those. I think that latter would be a faster path. I will say with the work and planning and design and coordinating, we continue to have coordination challenges. Right now there is we have identified a utility conflict between the underground water and sewer and some other existing private utilities. We will need to get those resolved and so we may look at ways to phase the project to minimize delays. But theres not a lot of real estate underground and a lot of the utilities are jammed close to each other. To coordinate the utilities, making sure we are only ripping up things once, sometimes that does contribute to delays. But we have gotten i think a lot better in my ten plus years here now in terms of coordinating between all the different agencies, as well as the private utilities so that we can hopefully make these projects happen faster and not delay improvements that folks in this case for ten years have been seeking. Thank you. Supervisor yee stick with the l line for a second here. My constituents are wondering whats going on with the 17th avenue stop, real specific, sorry. And how we can compromise something that would work for people going shopping at safeway. Have we come up with any solution to that . Besides just getting rid of the stop all together . So, we did a fair bit of evaluation, including monitoring usage, even talking to folks. Where we left it with the m. T. A. Board and i think it was in december, when the board first approved it, they approved the overall project, based in part on your feedback and feedback from others held on the 17th avenue stop. Upon our further review, and looking at the stop spacing between the closest stops at 15th and 19th, the actual kind of use patterns of the people, we did recommend the elimination of that stop based again in part by the letter that you sent to the board, as well as other Public Comment. M. T. A. Board was not entirely comfortable with that. So, they while they did approve the removal, they tasked us with evaluating over the next six months or so a few different kind of how the removal would impact people and there are, a number of options that we have been exploring. We have not found a good one that might work should we want to retain the stop. But well be reporting back to our board of directors this summer probably june timeline with a final recommendation and if there were to be a stop, where exactly it would be. There will be a fair bit of parking tradeoff if we are to retain the stop and so you know, with all these decisions, there is always tradeoffs that we are contemplating. Thats where it stands at the moment. Supervisor yee i have a question in regards to the high corridor injury improvements for Pedestrian Safety. And is there any where in sight, i mean, theres one that supervisor tang and i share, which is 19th avenue. I didnt see it on here, and also district 7 beyond 19th avenue, we have had quite a few incidents on ocean avenue and thats not on there. So, whats the thought behind that . Yes, so, 19th avenue is, its within the transit projects, and thats something we have been working with the p. U. C. And cal trans on for quite a while. That should be going into construction this, i believe some time this year. So, there is funding in here, in the second issuance, 3. 9 million for 19th avenue, so we are just finalizing and getting our final approvals from caltrans, and i believe they will advertise as early as this spring. That will be in construction this year and will bring significant Pedestrian Safety improvements. In terms of ocean avenue, i know that we have some spot issues that we are aware of in our working on solutions for. Im not sure offhand if its in the high injury quarter, but the overall bringing to the committee in the next few months will lay out essentially how we are going to, how we are planning through, particularly our fiveyear c. I. P. , takes us to almost 2024, our vision 0 goal, well be able to show how that Capital Budget on the street side addresses the balance of High Injury Network which is still yet to be addressed. If ocean is on the network, i imagine there will be improvements that you will see in the upcoming five year, relative to ocean avenue. Upgrades over the last 15, 20 years, but the extent there are remaining intersections or stretches of ocean that should be reflected in our fiveyear Capital Improvement program. Supervisor yee the intersections and also a few of the muni stops, where it seems to need improvement almost immediately. Right. I know the one at aptos is one we have discussed, may or may in the be a design issue, but on the radar to address now. Probably not a Large Capital fund need we would necessarily need the bond for but something we can do with the engineering and field resources. Supervisor yee thank you. Why dont we move to rec and park for now. And present. I believe miss campbell, you want all four of these. Madam clerk. Chair yee, supervisor tang, good morning. My name is antonio guerra, finance manager for recreational and park department, and 2012 clean and safe parks bond. In total, the rec park portion of the 2012 geo bond, 160. 5 million. In order to fund Capital Projects for the renewal and repair of our parks, recreation and open space assets. First two allocated 83. 8 million and today what we are seeking approval of is additional 76. 7 million. This program is split into three main categories. On the left of the slide you can see that there are 15 voter approved Neighborhood Parks projects, totaling 97 million. There is 40. 2 million in programmatic funding, park, playground, forestry, trails, water improvements throughout the city, and 21 million dedicated to citywide park projects at golden gate park, lake, and john mclaren. Overall, the 2012 geo bond, 195 million. And it was split between ourselves at rec park and our friends at the port of san francisco. This is our third and final issuance. However, the port still has a subsequent sale of 3. 1 million that will take place in the future. And this is our issuance summary, broken out by appropriated projects. Proposing to allocate 35 million to complete the Neighborhood Parks projects in the third issuance, and remaining allocation, toward the citywide parks and programs. I believe the previous presentation mentioned leverage funding. We do the same thing with our bond program. We have been able to leverage at this date, 30. 8 million. These Revenue Sources include Development Impact fee revenue, philanthropic gifts, state grants and other city funding like the Department Capital baseline and other allocations. So, this is a status update of our Neighborhood Park program. We currently have six sites open to the public, two are in construction, and seven are in either planning or design. For citywide parks and programs, we currently have Community Outreach for projects in mclaren park and lake merced underway. We just went through the mclaren park visioning process, approved by the Rec Park Commission in november of last year. And at golden gate park, the stanyan street entrance Improvement Project is now in planning. For lets play sf, we just had a presentation earlier in this meeting. 13 parks, Concept Design has been approved for five parks. Two parks are in planning. And this third Issuance Fund design for all tier one parks. Trails program, last november, approved 2 million for trails in mclaren park. 1. 9 million for golden gate park, woodland trails. Improvement project, bid package is being finalizeed and advertised in early 2018. Forestry program, rec park is working on a master plan with the planning department. Water conservation, alamo is in construction, and others will be completed this fall. A chart of the Neighborhood Park spending, 90 expended of our Neighborhood Parks funds. So, i can tell you, we are very eager to receive the cash from this bond sale. Overall throughout the entire bond program and the two issuances, 78 of the funding we have spent. And in citywide parks and programs, we have spend 50 , a much smaller percentage. However, its a much smaller portion of the first and second issuances, and we are focussing on that in the third issuance. This is a line graph of our spending over time projection. As you can see, once we have cash in hand, by the end of the summer, we are projecting a large increase in spending due to the construction of our final Neighborhood Parks projects. We plan to spend all bond funds by the end of 2020. Say Program Schedule overview of the Neighborhood Parks program. The green bars on this schedule are when construction is going to commence. And we have quite a few projects ready to break ground this year, like rossi, garfield, george christopher, margaret hayward, and willie woo woo wong. Complete by 2019 and all the citywide programs los angeles completed by the end of 2020. With the passage of proposition b in 2016, city charter was revised. Annual capital plan, and bond funding is a critical component to the successful completion of our goals. So, what these bond funds will do is make progress on a few of our deferred maintenance goals. We have a plan to complete the renovation of all our rec park swimming pools. We will complete renovation of all but five rec centers. And with the funding from the lets play sf initiative, make significant progress renovating and it is an unfavorable bidding environment. Bids coming back 20 to 40 above engineers estimate, we are looking at a bid reserve to ensure we can deliver the scope as promised in the bond. Thats it, i want to thank you, also thank michelle traviti, who may have some comments and i am available for questions as well as our acting capital manager and program manager. Thanks. Supervisor yee thank you, any questions. No questions. Could i have the b. L. A. Are you presenting thanks for hearing these items, im from the Controllers Office of public finance. Briefly summarize and detail some of the financial impacts of the resolutions. Again, for item number 7 and november 2014 voters approved proposition a, 500 million for infrastructure, repairs and other transportation Improvement Projects. This resolution authorizes the sale and issuance of the second of the bonds authorized, not to exceed 177 million. Item 8, ordinance appropriating the proceeds from the bond sale and 9, november 2012, proposition b approved by the citys voters authorizing 195 million in general Obligation Bonds to finance park and recreation facility improvements, and third issuance of bonds in the program, not to exceed 76,710,000. And 10 appropriating the proceeds from the bond sale just described. Based on the total amount for both of these programs of 251. 3 million, using a conservative 3. 99 estimated interest rate, we anticipate the annual debt service on these bonds that we will sell to be approximately 18. 7 million. Over the 20year life of the bonds, result in a total of 361 million in debt service of which 110,690,000 110 mil