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Thank you executive director. And again project manager for the shipyard. Ill give you a brief overlay of this correct presentation ill provide an overview of the shipyard project ill be brief and the major phase application and the vertical disposition or is d da and the schematic designs. So you have a resolution and a memorandum ram for your consideration for the phase for block 52 that includes a report on the schedule performances and schematic designs in a updated vertical designs and for the environmental sequa for short. I wont go over the background the Hunters Point shipyard but id l...

Other benefits program. This is my a apologizes the slides are out of sync. Im going to go to the overhead. So ill begin again for the consideration of public bins the project is taking delipidated land and having new houses and parks and Community Benefit programs so the benefits to the city is clear. Also there is on unusual credit risk by the 3 to 1 phase 1 benefits lane arrest has paid their takes and mainly the hilltop infrastructure is complete will be 3 hundred and 50 units last year and plans probation officer to complete the hillside development. Lastly to the point of unusual credit ...

Commission. Yeah. No questions okay. So id like to entertain a motion to lets see im sorry commissioner singh. Thank you commissioner singh to the reference to the 21 million in performance bonds are the bonds the city requires for a permit so the bonds are in the custody in the department of public works to be used if the contractor didnt complete the infrastructure. inaudible . And commissioner singh in the 5 million public guarantee for phase one in the agreement and its to be used if the developer defaults if theres outstanding costs. And from the underwriters will address that. Good after...

Public this is an exciting discussion something that the entire city is proud of so again, thank you very much everyone good afternoon, everyo today is tuesday, july 1, 2014, this is the San Francisco Community Investment Infrastructure Commission id like to call this meeting to order at one 15. Please call roll thank you, madam chair the first order. Commissioner members please record commissioner ellington. Commissioner mondejar. Commissioner singh. Commissioner rosales. Chairperson johnson. All members of the commission are present. The next order of business is announcements a the next mee...

Is d da and the schematic designs. So you have a resolution and a memorandum ram for your consideration for the phase for block 52 that includes a report on the schedule performances and schematic designs in a updated vertical designs and for the environmental sequa for short. I wont go over the background the Hunters Point shipyard but id like to introduce the team at this point that prepared the design important the presentation first derrick project manager and danny cook Vice President if you guys would standup please and ones of presenters is al. Thank you al. Ocii staff derrick and pedro...