Meeting. Following the guidelines set forth by local and state officials during this health emergency, the members of this commission are meeting remotely to ensure the safety of everyone, including the members of the public. Thank you all for joining us. Madam secretary, please call the first item. Clerk thank you, madam chair. The first item is business is item one, roll call. Commission members, please respond when i call your name. [roll call] clerk the next order is business is item 2, announcements. A, the next regularly scheduled meeting will be held on tuesday, june 16, 2020, at 1 00 p. M. B, announcement of procedures. Please be advised that each member of the public has up to two minutes to address the commission unless the chair designates a shorter comment period. To call in, dial 18885578511. Dial the access code 7500645, press pound, then pound again to enter as a participant. This number will also show up on the screen during each Public Comment section. When you are connected, listen to instructions, and then when prompted, dial one and zero to be entered into the queue to speak. During waiting, the line will remain on silent. All callers will remain on mute until their line is open. It is best to call from a quiet location, speak clearly and slowly and turn down your television or radio. The next order of business is 3, report on actions taken at previous closed session meetings, if any. There are none. The next item is 4, matters of unfinished business. There are none. The next item is 5, matters of new business, Consent Agenda. There are no Consent Agenda items. The next is item 5a, workshop on ociis fiscal year 20202021 budget. Madam chair . Thank you. I just want to thank the staff for putting this presentation together. The normal time for submission is june 1 so they can present the budget to the mayor and then the board of supervisors. Because of covid, that timeline got delayed. Because were required to submit our recognized payment obligation schedule to the department of finance for approval, you were able to have a preview of our budget back in january, and since then, the department of finance has responded to us with some reallocation and reduction in property tax request. So what you will see before you is a reflection of what the department of finance instructions were to ask, as well as the city controller, and that is reflected in our budget. And more specifically, staff will be presenting on the item, but we also have representatives from our various divisions, project teams to present on their respective items. Again, i want to thank the staff for working diligently on the on certain times, particularly remotely, knowing that these budget processes and the extensive double monitoring is definitely needed for the kind of work that we do, but were kind of able to put a budget together that were happy to present on. As you know, this is just an informational item. Well take your feedback during this process and then come back on june 16 for approval. With that, ill turn it over to nina to present on this item. Thank you. Thank you, director sesay, vice chair rosales. My name is nina chu. I am the budget and legislative analyst for ocii, and i am here to present to you the 2021 budget. So ill go over the budget timeline, our uses, and then, the project managers will speak to our budgets, and then i will go over more facts. So the department of finance approved our r. O. T. S. [inaudible] so our total budget for fiscal year 2021 is 527. 3 million, the majority is funded by prior f. R. E. , and theyre continuing to disburse over a multiyear period. Our second largest source is property tax, followed by fund balance. So this shows 2021 broken out by uses. Were spending 362. 2 million on direct programatic schedules. Infrastructure and nonhousing encompasses our nonhousing work in our major approved project areas in mission bay, hunters bay, and mission rock. Ill provide a couple of high level perspectives. Next slide. So this is a high level overview of our infrastructure and nonhousing budget of 237. 5 million. You can see the majority is for Development Infrastructure reimbursement, so we typically partner with our developers to do the on the groundwork, and we submit requests, and they revise and make these payments. Next slide. So in 2021, ocii will complete several park projects, and the project managers will talk about these in greater detail. And with that, id like to introduce mark slepkin, who is our mission bay project manager. Good afternoon, vice chair rosales, director sesay. Im mark slepkin, director of mission bay. The mission bay work plan will include finishing construction of the last streets in Mission Bay South and turning our construction on three parks. Three parks, p3, p19, and p27 will be completed, and p22 will be worked on throughout the year. The reimbursement for infrastructure, so the 178. 3 million we are budgeting includes not just reimbursement for the proposed work plan but for work that was completed in prior years. Were budgeting 2. 3 million for plan and permit review for future parks, housing, tenant improvement for future space, most notably, the uber headquarters. Weve been working with the Arts Commission on an m. O. U. For them to create art in our own space, and in the upcoming fiscal year, we will be bringing an m. O. U. Before the commission for approval for an m. O. U. And then begin doing work, creating art in the open space, and well be budgeting 1. 5 million for that. Finally, well continue to see the art in the open space in mission bay. This slide shows the sources used in our budget. You can see property tax is the primary source of funds. For infrastructure, well be using 45 million in bond proceeds and 130 million for property tax. 900,000 for other professional services will also be paid from property tax. For public art, these funds come from developers who have chosen to pay the 1 park fee instead of Building Public art on their 1 art fee instead of Building Public art on their site. Heres some pictures of the mission bay projects. P22, which will be under construction in the next fiscal year. P3, which should be completed by december. We have the soma hotel, which will be open in early 2021, and the uber headquarters which will also open later this year. That is the budget and work plan for mission bay, and up next is sally orth to discuss transbay. Thank you, mark. Good afternoon, commissioners. This is sally orth, deputy director, and ill be presenting the transbay budget portion. So the budget is approximately 51 million for the next fiscal year, and that can really be brokendown in three categories. First, 27 million is going to costs related to various Infrastructure Projects like the fulsom stateowned project. And then, finally, the remaining 3 million is other costs for transbays portion of staffing, operating costs, consu consultants, and various Legal Services. So heres another cut of the same expenditures but really shown by the revenue source, and the developer payments and the property tax columns represent the new funding that would be coming in in the year. You can see the majority of the property tax will be the pledged increment to the transbay joint powers authority, but the remaining funds such as the bond fees and park fees are fees that we already have in hand, and well are funds that we already have in hand, and well just continue to draw those down for existing contracts or additional work that we have through the scope of the fiscal year. So ill just close by just showing some images of some of the streetscape and open space projects that we will be working on and will be continuing to work on. The top image, the fulsom Street Project is closing up. The remaining two pictures on the right, youll see the transbay conceptual design. This is a block holder for what we call the park three project. We have hired d. P. W. To be doing design work, and weve begun our Community Outreach process, and well continue to do that throughout the fiscal year and work on designs, and the underramp park project, we have done a lot of work on the sche schematic designs, and well continue to advise the commission through the this fiscal year as we make progress. Ill hand it over to Leila Hussein for Hunters Point shipyard and candlestick point. Good afternoon, commissioners. Leila hussein for Hunters Point shipyard and candlestick. So both phase one and phase two of the project are both in a lot of predevelopment and Infrastructure Development phases, and a majority of the work that you see here is for plans and permit review that you see associated with construction happening on hilthill tops and hillsides of shipyard phase one, and that is a lot of the work that staff at ocii is engaged with with our partners, budget park and len 234nnar. We also have some grants from federal and State Government to complete work, which ill go over on the next slide. And then, we have a grant for shipyard phase one that will be used to pay for the operation of maintenance and parks within phase one of the shipyard. So if i can go to next slide, ill get in a little deeper. So you see staffing and operating costs funded through the developer. We have development and infrastructure costs thats happening both on shipyard phase one and phase two. We also have consultants helping us as well as we have infrastructure support consultants. We have a grant to help us improve the building 101, the artist building, from the federal government, to help us rehab the building. We are entering into contract with p. P. W. To go out and bid and actually implement these improvements that have been in the planning stages for many years, and then, we have the grant to the communitybased organizations, which is mainly monitored with very closely with the c. H. B. And the legacy foundation, and they are overseeing the various funds that are under this line item, and we will be coming to you shortly with one of the grounds for Home Ownership assistance that falls in this bucket to you shortly. And then, Infrastructure Development, as you know, we are very much in the infrastructure phase for both shipyard phase one and phase two. We are still building out there, and this amount of funds, this potential bonds that ocii will go out for to start canvassing for Infrastructure Development. And then, we have Workforce Development, which were able to go into into greater detail. The last one is payment agencies. The last payment we got [inaudible] as well as the lease payments we get from the artists who who currently occupy also shipyard phase two parcel b out there, and those are lease payments made to the navy because those ones have not transferred yet to ocii, and that concludes the dollar amount, and then, i have some images on the next slide. Phase one park, inness core park. The second right hapicture is rendering of the candlestick center. We will be working with our Development Partners to see that design and building enhanced. And the last building, building 101, which is where we have the federal grant that we have to rehab that building so we can improve life and safety issues and make it more accessible. And thats where the studios happen that every quarter that youve gone to. This will be a great amenity for the public to make not only the building for accessible to these events but make it more safer for the artists working in that building. So with that, ill transfer the next slide over to jeff white to talk about Affordable Housing. Thank you. Thank you. Im jeff white, Housing Program manager. Im going to review the fiscal 2021 Housing Program with you. This image is our project Mission Bay South six west. Its a rendering. Its under construction. 152 units and will be completed and occupied by the middle of next year, the end of the fiscal year. Next slide. For fiscal year 2021, the total housing budget is 124 12 5 124. 5 million. It includes six new Housing Loans for a total of 96. 8 million. Two are construction and four our development. The existing runs are projects from prior period authority and range from predevelopment to under construction to pending asset transfer to the Mayors Office of housing and community development. Next slide. At a more granular level, these are six new these are the six new loans for the fiscal year. Two are construction loans. One is Mission Bay South nine, and the other is Hunters Point shipyards blocks 52 to 54. The other predevelopments are for developments in all of our immediate areas, Hunters Point shipyard and Mission Bay South. These are existing loans to 124. 9 million. They include projects that were previously funded the way that nina described before and in different stages of development, and the total number of units that these one touched is 910 Affordable Housing units. Next slide, please. And this slide shows highlights of our Affordable Housing work, and the top slide is Alice Griffith phase four. As you know, its a completed unoccupied project, and its pending asset transfer. Then, weve got Hunters Point shipyard blocks 5254. Thats construction loan. We anticipate that project starting construction toward the end of the fiscal year, and then, to your right is Mission Bay South, block nine. Thats the project thats 100 for formerly homeless adults and anticipate starting that project at the beginning of the fiscal year. So with that, next up is raymond lee, the contract compliance supervisor. Thank you. Thank you, jeff. Good afternoon, vice chair rosales, director sesay. The fiscal year 2021 support contract staffs work plan that includes the disbursing of Community Benefit funds. Also in our budget of funds to the office of economic and Workforce Development or oewd to assist us with the Administration Workforce compliant efforts. Included in our work plan for next year is a business compatiblity study. I thought ill spend a minute or two on our accomplishments. Since the establishment of ocii in 2012, we have awarded over 5. 5 billion in contracts with over 1. 6 to Small Businesses. This constitutes over 6 of s. B. E. Participation with over half going to San Francisco s. B. E. S. For this current fiscal year, our awards include Small Businesses of 20 million, which equates to a Small Business participation of 56 . Over 7,700 workers have performed work on our projects with 17 of those from San Francisco. Notably in the latter part of 2019 under the Mission Bay South o. P. A. And the first source hiring requirements, 128 San Francisco residents were hired by the chase center through cooperative efforts with oewd and other Community Based organizations. A special training was held in the latter part of 2017 to train special Alice Griffith residents on abatement work. With that, id like to introduce odi manal to talk about asset management. Thank you, ray. Good afternoon, commissioners. Nice to see everyone. Again, im toby miles, real estate and services manager. This part of the work plan includes implementation of the long range Property Management plan which directs the transfer of ociis assets to the city and private parties both within and outside of the major approved project areas. Currently, we are in conversations with our City Partners around priorities for transfer of assets in 2021. In the coming year, we will continue our work to transfer ociis completed Affordable Housing assets to mohcd. Included transfers include Alice Griffith, phases one through four, in Mission Bay South, projects 6 east and 7 west, and in transit a, blocks 6 and 7. It also includes the ongoing management obligations, including the 606 project in yerba buena is expected to be completed later this summer. In this past march, the board of supervisors approved legislation authorizing the transfer of three propertied to the city under the p. M. P. The actual closings on those properties will occur during the remainder of this year, 1920, and into next year. Those Properties Include the south of Market Health care center, which is in soma and part of the mixed use Housing Development which will be under mohcds management, a portion of aaron rogers park in the bayview, and the Grocery Store at 333 williams. During this past year, ocii transferred assets to mohcd. In summary, progress continues on winding during our obligations and transferring the assets. I would like to turn the presentation back over to nina yu for the portion of the debt presentation. Thank you. So well be spending 118. 6 millio