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Allow it to capture any of the new value thats concerting because of the large gap we have how do we reconcile this. Outside of California Well have this property tax and you could argue those new unites u units are were capturing a little bit but i have an idea might come up i really think that might be a supplemental tool that captures that sale end because the Development Process takes multiple years we dont know where a particular plan will he said but the fees in entitlement theyre not constructed for multiple years we dont understand the market in 3 to 68 years im wording whether or not ...

To charge that the feasibility of construction we certainly dont want to dampen that feasibility side but i think we would like to see the balance as we say the value of whats created and the vendors are raking in profits per unit as newer resident move in theres a frustration of the infrastructure didnt match what is speeded of the neighborhood like childcare and open space i know that is not you know from the Planning Department it is not thats a policy question but something our office is interested in pursuing. Okay. Great. Is that it okay. Good ive got a couple of questions while im most ...

Square feet of park per person when the city can only deliver one we have to make sure that whatever standard were holding the developers to we can deliver. Basically, it is true if we adopt the allowable fee that is in table 5 and 6. Thats correct. Okay. All right. So is any of the incentives we provide to the vendors what if any incentives do we provide to the developers if if any choose to build childcare facilities on site . Yeah. Yeah. So building childcare on site theres a lot of special needs for childcare in access to yards and fire and earthquake safeties so the Fire Department has be...

Blend of construction and the unit Interest Rate so to perhaps well be holding the money in a municipal account and the cost of construction and the Capital Planning committee is responsible for derrick that Interest Rate annually thats how it is done. I think your office is certainly interested and in working an updating the foes we appreciate the nexus analysis i want to appreciate the balboa between both what we could charge and the nexus allows us to charge that the feasibility of construction we certainly dont want to dampen that feasibility side but i think we would like to see the balan...

Achievement and the citys changing colter landscape. Joining me now, renzo piano and adam weinberg. This az remarkable this is a remarkable story. It is about a city. The driving passion of people to make sure that the whitney would live on and reflect our time in the future as well. It is a great honor to have them back at this table. Welcome. It is complete after some dozen years of planning and building. How do you characterize this moment for you . Adam the whitney has been trying to expand for 30 years. We tried to expand next were building uptown. It was for directors ago. The collection...