Page 17 - Addition Services News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Good morning, everyone, welcome to the San Francisco board of supervisors budget and finance subcommittee, im mark farrell and joined by mar and avalos. Please silence all cell phones and other device and complete your speakers and documents to be submitted to the clerk, items on the may, 6th, board of supervisors agenda, unless otherwise stated. Thank you. We have a number of items, including one hearing, and so could you please call item one . Resolution authorizing the exercise of an option to extend the lease of 10,000 sq. Ft. At 70 oak grove street with ruth mellinger, an unmarried woman,...

Documents to be submitted to the clerk, items on the may, 6th, board of supervisors agenda, unless otherwise stated. Thank you. We have a number of items, including one hearing, and so could you please call item one . Resolution authorizing the exercise of an option to extend the lease of 10,000 sq. Ft. At 70 oak grove street with ruth mellinger, an unmarried woman, for five years for use by the Sheriffs Department at 37,208. 33 monthly, for the period of may 31, 2014, through may 30, 2019 okay, thank you. Thanks for being here. Always a pleasure, john up dike director of real estate, the item...

Contingency required to cover the additional risk. I just want to make sure you heard you correctly you said only covering 65 percent with our current budgeted these are things that may happen or may not happen so we run an analysis to get the probability of how much of the list budget we think might need to be used. So you dont think well have enough money . Thats not what im saying. So actually were 65 percent confident that the remaining contingency will cover the remaining construction risk in the program. Thats not very comforting that you are 65 percent confidence id like to hear that yo...

Risk profile has diminished and 65 percent would be an appropriate level for where we stand today. Certainly it is a policy call and so as the policy component of our organization if you would like us to revisit that 65 percent we would certainly be willing to do that but this is what we believe to be the best but if theres concern over 65 percent and a desire to go with a higher contingency profile certainly we would do that. I think i want to add i want to thank commissioner torres i think the conversation is valuable and then your response about whether or not we want to take a long hard lo...

Good morning, everyone, welcome to the San Francisco board of supervisors budget and finance subcommittee, im mark farrell and joined by mar and avalos. Please silence all cell phones and other device and complete your speakers and documents to be submitted to the clerk, items on the may, 6th, board of supervisors agenda, unless otherwise stated. Thank you. We have a number of items, including one hearing, and so could you please call item one . Resolution authorizing the exercise of an option to extend the lease of 10,000 sq. Ft. At 70 oak grove street with ruth mellinger, an unmarried woman,...