Items acted upon today will appear on the march 15 board of supervisors agenda unless otherwise stated. Thank you, thank you very much for the announcements can you please call items one and two together. Item numbers one and two an ordinance claire declaring the tension of james alley as port of Chinese Hospital for the settlement and quit exclaim deed for the easements thank you. Supervisor peskin is the author of these two items. Thank you, madam chair and colleagues these are two instrument necessary for helping the Chinese Hospital move forward the first is a resolution of intent to vacate a street actually truth be told a half of a street 6 and a quarter of wide wide by 37 feet deep 90 necessary for the completion of the incredible many decades effort to rebuild a size administratively Chinese Hospital in district 3 in chinatown you first of all, want to commend the many individual that have been revolved in the rebuilding of this facility i saw a reactor facility and wanted to acknowledge the effort ever rose in particular but also have thousands of donors and the Construction Team headed by david limping and many, many people in the community for whom this is been a long, long sought after dream that is finally coming to fruition on april 18th a formal celebration of opening in order to move forward james alley which lies on the east side of the hospital needs to be vacated as a matter of fact there are a number of underground facilities underneath the alley and the state of california insists the cyber alley be vacated by i city the document that are the item before you actually require as a condition of the agreement that the alley forever is open space so that public nanlt will continue to exist albeit it in private and not public hands open to the public and the Chinese Hospital will be adding a number of Community Amenity to that area with that colleagues subject to Public Comment there are a few install amendments we need to make to the resolution on page 2 at line 19 there is a blapg there for a public hearings that is required for street vacation that blank should be filled in to be april 5th of 2016 and the title of the measure should also indicate at the end of the title that the public hearing will be set for april 5th of 2016 so id like to move those amendments. Thank you Public Comment. Yes. Before we take the amendments. Subject to Public Comment. All right. Ladies and gentlemen, any commenters on items one or two Public Comment is closed. Thank you so supervisor peskin has made a some amendments excuse me. This is an amendment to number one. Number one amendment. Sound good well act on these agenda will be one and two full board with a recommendation a motion to accept the amendments. Motion by supervisor wiener and well take that without objection. That item passes and id like to move number one with recommendations as a Committee Report for hearing by the full board tomorrow march 8 and refer item number 2 without recommendation to the april 18th board of supervisors. Well take that without objection. That item passes. M can you call item 3. Item 3 a resolution arthur the placement of the plaque with the sidewalk of washington with square park and accepting the gift from the friends. Supervisor peskin. Hebrew was a beloved member of the north beach Telegraph Hill hill not dimming the lights for you herb and herb one of the many things that herb did in his life before he passed was to really do everything with the community to help make Washington Square everything that can be he was a friend of mine i want to thank the friends of Washington Square particularly june for all her work in coming down to have a commemorative plaque installed on columbia and unity herb was an architect a pioneer the lgbt and the Neighborhood Movement and was beloved and respected despite his rough and grumpy exterior im delighted we are joined by one of the family members jane here today as well as folks from the department of public works and the rec and Park Department i want to thank in my staffer connie chang for her work and friends of Washington Square and thank the friends for coming up with the funds for a plaque that sdlifrz to be there and left, right or center north beach and Telegraph Hill and residents and merchant everything or everybody replaced her this resolution before us will urge the department of public works to waive the cost associated with the permit ate installation of the plaque after Public Comment i will have one small amendment to the resolution is there anybody here from dpw or rec and park that wants to testify mr. Spur. Good afternoon so for the i came to really discuss some of the installation features to the plaque itself. Sure. Im not completely sure exactly of the Permanent Location that was identified by regardless of that wherever to be installed to mountain the planning plaque in a safe way that will keep it in its location for a long period of time. I dont know if you want me to discuss the cost associated with that and the maintenance and upkeep. Sure absolutely the Public School and members of the panel should know. In order to mount the plaque we need to cut a 36 by 36 portion concrete and cement to a couple of studs on the back of the plaque put washers and fix it to the cement the ongoing up keep the oncofor it it minimal and to shouldnt take too much for us to do that in order to get if installed 3,000 us to cut out the cement and pour back for it i will say that will be a generous estimate. I understand the plaque has passed the slip resistance test. It has some raised features and should be slip resistant yes. Thank you, mr. Spur is abigail from the rec and Park Department here . Thanks for taking time out of your day. Thanks good afternoon and chairman and supervisor cowen and supervisor wiener and supervisor peskin i am abigail with the rec and Park Department on our Partnership Team and on behalf of rec and park i would like to share that we support this authorization placing this plaque on the walk only union street we felt the proposed location on union street is a fine location and adjacent to the park were all for it i would like to make note ive been working with the friends of Washington Square and pubically express my appreciation for working with them theyve been committed to work with rec and park and expelling and this commission i think this is a wonderful way to honor the gentleman and hope so it inspires the people from the north Beach Community and criticizing to roll up their sleeps sleeves to get involved. Thanks to and your colleagues and the folks at sdpep for working with my staff and the friends of Washington Square and colleagues when you go to Washington Square and see the lighting set up that was herb at work madam chair can we open up for Public Comment. Please join us Public Comment 2 minutes youll hear a soft chime come up. Youll have 2 minutes. Thank you. I canned add much to what airbnb said hes a wonderful imply and friend of mine for 35 years and a neighbor and z done incredible things for Washington Square i hope we will succeed in getting the installation costs waved. Thank you thank you for all your hard work june appreciate our perseverance and jane. Thank you in my cousins was passionate about many changes e things family and architecture among them he served as a family patriotic amongst the last of his generation in our family and will find by all which includes 4 generations his friends were considered family to him and the circle herb loved his work as a architect and didnt retire until a year brother he died he loved Washington Square park as you know he was the Founding Member of the friends of Washington Park and was involved herb knew so much people that was impossible to walk to washington sequoia and not stopped several times to be introduced to the Police Officer and merchant and other neighbors pga by herbs commitment of many decades to the preservation of the neighborhood and community should be pubically recognized and celebrated on behalf of his family were great to have to plaque to honor herbs legacy and serve as a reminder to everyone of the importance of being actively involved in communities wherever you are thank you. Thank you jane. Is there any additional Public Comment . On item 3 all right. Seeing none, Public Comment is closed. A motion. So madam chair id like to on page 2 line 11 insert two words permits and so for the resolve be it therefore resolved that the board of supervisors hereby urges the department of public works to waive all costs with the permits and the installation of commemorative plaque. Thank you very much it is easy. Is there a motion to accept the amendment all right. Motion made well take that without objection. To accept the amendment is accepted thank you. And id like to send this matter to the full board with recommendation. Well take that without objection. That as well thank you madam clerk, is there any further business before this commission . No, that concludes our business for today. Thank you ladies and gentlemen, our meeting is adjourned good afternoon, everybody and welcome to the San Francisco board of supervisors meeting of march 1 22nd. M clerk please call the roles we did thank you. Supervisor avalos aye president s agreed, present. Campos, present. Cohen not present, the farrell, present. , kim, present. , mar, present. , peskin, present. Tang, present. , wiener not present, yee not present. You have a quorum. Ladies and gentle please join us in the pledge of allegiance. [pleage of allegiance] madam clerk either any Communications Clerk none to report colleagues any changes to the generate 26 2016 Board Meeting minutes clerk seen no changes, a motion to approve those minutes moved and seconded. Can we take that without objection . Those we passed after Public Comment [gavel] can you please read the consent agenda. Items one and 2 are on consent. These items are considered routine if a member objects, and item may be removed and considered separately seen no names on the roster item clerk these culpable on the consent calendar supervisor wiener aye, yee absent avalos aye, breed aye, campos aye, cohen aye, farrell aye, kim aye, mar aye, peskin aye, tang aye. There are 10 aye those ordinance are finally passed unanimously [gavel] bettencourt item 3 item 3, and ordinance to establish an infrastructure financing district including subproject area. 70 this to work core and would often infrastructure financing plan and appendix for City Infrastructure financing district number 2 to approve a tax initiation agreement and the ceqa determination supervisor cohen i want to thank you for your support on this item. This i have the is critical to the pier and it we helping us to develop a financing plan to fund the parks, street improvements, infrastructure needs that currently exist. Some of my colleagues have expressed an interest in hearing the whole presentation. As we do not do this last week and the item was not heard at the budget committee. So, i want to present to youweve got representative from the port making a presentation to answer whatever questions you may have on this very important piece of legislation. Good afternoon members of the board. President s pretty good im elaine forced interim port director and im here today on the final lead of the ift and associated infrastructure financing plan. Both to provide an overview and request your approval. As supervisor cohen noted, what youre considering today is a very important piece of the ports land to address its backlog among capital backlog, to invest in needed Public Infrastructure, to revitalize port property, and to provide really critical public realm improvements that are needed for the growth in these areas to provide good neighborhoods. While the ift is relatively small, 23. 4 million, it really reflects much larger tool that will be able to use together to address are now 1. 3 billiondollar backlog. Today youre at the end of it was decadelong effort that support has gone through to find creative financing tools to deal with our backlog in this effort really culminated in 2012 when the Capital Planning committee in this board of supervisors approved a policy to guide port ift and this policy has helped us structure this particular infrastructure financing plan and that policy calls for a review of impact to general fund and to ensure the general fund is net positive good from the project and that we maximize the state share of tax from our infrastructure financing plan and that we understand maintenance costs and have a plan for maintenance cost, that we do excellent Public Outreach and after the boards approval, we continue to work with the Capital Planning committee to review the infrastructure and public realm improvements are cost effective. So, this will be our first ift and alternate over to brad benson and he will walk through the details. Good afternoon president breed and members of the board. Brad benson director of special projects. Here representing the port team on this project. So, we are really excited about whats happening at pier 70. This board of supervisors approved a Lease Agreement with the Norton Development and the port, a 66 year we lease to reedit some important Historical Resources at pier 70. Pier 70 is the home of ship repair and has been for 150 years, and theres this wonderful collection of Victorian EraHistoric Buildings that comprise the union iraqs historic district. Norton is rehabbing 8 of them and that Construction Activity is underway now and its the beginning of some pretty dramatic changes that are going to happen on the 70 acre pier 70 site. As alain mentioned, weve been working for 10 years to establish these infrastructure financing district powers. Ift interest infrastructure financing districts alike we develop in law. Used to operate where the legislative action to the board of supervisors can set a base year, and then gross and property taxes above that year can be captured by the infrastructure financing district and bonded against to fund Public Infrastructure improvements. So, weve had a lot of help along the way. Sen. Mcminn and 25, some remembermy former boss in 2010, and then i have the policy supervisor kim and mayor lee sponsored for us in 2013 we really appreciative of all of that hell. We have developed. Into distinct edge and we still shall repair operating on a good portion of the site. This year, with the generosity of voters voting phase 1 of crane cove park about a 10 acre park opening in just about a year. Norton as i said before is rehabbing that store buildings on 20th st. And more working with a partner to develop a mixeduse neighborhood on the waterfront site, the 28 acre waterfront site and we back to the board of supervisors with that project hopefully in early 2017. The legislation before the board last week with the ordinance that you are hearing a 2nd lead today in 2 resolutions. One, approving the issuance of bonds not to exceed 25 million, and the other approving a memorandum of understanding between the port about the controller and the Tax Collector governing the administration of the ift. We are working hard to establish this ift in fiscal year 20162017 if the board adopts the ordinance on 2nd lead today, the Effective Date for that ordinance will be april 10 and we hope to go to courts to do a judicial validation action by may 9 of this year. As alain mentioned, we are leveraging the local sheriff property tax which represents about . 65 of every property tax dollar with the state share, which is another . 25 at pier 70. So it will capture . 90 on the dollar in an ift. The other . 10 goes to the local county education office, bart and the air district did not touching that portion of the property tax. We expect to be able to collect approximately 710,000 per year through the ift over a 45 year period. The legislature cant you did it share because of the real bladed conditions at pier 70 which was a fundamental to redevelopment law. We have 11 condemned buildings at the site. 14 are least restrictive. Theres environmental contamination and we have not had a real project investment in the site for many decades. So, looking to the sources and uses initially the developer and the port are going to contribute sources approximately 1. 7 million. Then, in about 5 years, subject to this boards approval, a bond totaling about 6. 6 million , and then we will collect tax increment on a payasyougo basis annually totaling about 50 million. We will use those sources to find projects funded by a goat which will go over both of those in the moment and to pay interest on bonds. The usesi talked about using geobonds to fun