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Good morning, ladies and gentlemen. I would like to welcome you. This is the regular meeting of the budget and finance committee. Im supervisor malia cohen, chairwoman of this committee and supervisor yee and supervisor tang is on her way up and well walking in momentarily. Linda wong is our clerk today and i also want to take a moment to thank our friends at sfgtv, mark bunch and Charles Kremenak for their assistance in broadcasting this committee meeting. Madam clerk, do you have any announcement s please silence all cell phones and electron devices. Thank you. Madam clerk, could you call it...

Gun, a large caliber ammo clip and drugs ruiz claimed were his. The da dropped the charges setting ruiz free. The news upset friends of the coach and sources close to the case. They believe the coach may still be alive today if the d. A. Hadnt dropped the january case against ruiz. I hope we get to the bottom of it. Find out why he was released and you know hopefully that wont happen again so nobody else will get hurt like that. What happened to frank. That doesnt mean that the prosecutors did something wrong. Reporter former prosecutor clark looked over the documents yesterday. He sympathized...

Assistance in broadcasting this committee meeting. Madam clerk, do you have any announcement s please silence all cell phones and electron devices. Thank you. Madam clerk, could you call item 1 please. Item 1 resolution endorsing the conceptual term sheets wen of between the port and jppf op acquisitions, llc. Well begin with our presentation. Were going to let supervisor peskin make a few remarks. Thank you chair cohen and colleagues and pier 29 and much of the northeast waterfront is in the supervisorial district i have the honor of representing, district 3. By way of background in 1990, a l...

Assistance in broadcasting this committee meeting. Madam clerk, do you have any announcement s please silence all cell phones and electron devices. Thank you. Madam clerk, could you call item 1 please. Item 1 resolution endorsing the conceptual term sheets wen of between the port and jppf op acquisitions, llc. Well begin with our presentation. Were going to let supervisor peskin make a few remarks. Thank you chair cohen and colleagues and pier 29 and much of the northeast waterfront is in the supervisorial district i have the honor of representing, district 3. By way of background in 1990, a l...

Thank you. Got to get that story down to two minutes. [laughter ]sounds interesting, but you have to shorten it down. [laughter ]. Next speaker. Michael phillips the president of jamestown, and i wanted to thank everyone for hearing this today. Were very excited about this project. Throughout jamestowns history we have focused on largely on inclusionary projects, locally made products in this retail space. If you look at our projects that were cited at Chelsea Market and pond city market, the majority of the retailers, food providers and makers are local. I think our track record and our reput...