Page 48 - First Commission News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The pension up to full funding. Well, really calpers has decided and makes a lot of sense actually to split the two apart so in terms of percent of payroll it will go down to 9 but theyre going to charge a dollar amount and to bring it up to full funding requires the contribution regardless of how much staff we have and estimated that for 537,000. Its going to go up theyre phasing it in and go up over the next couple of years and then stabilize and go down hopefully. They give a discount if you pay up front and 20,000 a year and taking that option of the lump sum payment so if you combine the ...

And robs authority and we are asking for a prepayment authorized by the state department of finance to be spent at the rops 1415a period and the second bullet point on this slide is for an update to the sbe and the work force participation. The sbe goals for this project are 50 and the Transportation Authority is right there at 50 . For work force the Transportation Authority is using the citys local hire policy which is 30 level, and they are currently at 25 . S stea ooci and oewd will work with the contractor to ensure that the goals or levels have been met, so this concludes staff presentat...

You in april i believe, the First Commission meeting in april. So about it says here about 47 of this administrative budget is coming from property tax in items one and seven and the other 53 is from were still using some of the taxable housing bonds for the staff costs related to housing that isnt reimbursed from other sources so while we still have that available were using that and there are other funds as well that help support over half of the costs developer reimbursements and charge staff time to developers and we are doing that and lease revenues to support our staffing so i did show t...

Authority. Theyre delivering a turn key of this project and entered into the design can construction phase and thats how were delivering this i still see we need to restore the reserves of two 36,000 for again another set of unforeseen costs to go up. Yes. Construction is currently about 35 complete so there is still a ways to go before its finalized and typically you would budget so there is 600,000 say we decide on that. Then there is another two 36,000 that reserved part of that almost 600,000 and what did they use the researches for additional unforeseen circumstances will we have to fill ...

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 interested in the potrero hill and supervisor jane kim is interested in other parts of eastern neighborhood areas that touch here district what is the current gap for the Infrastructure Project because commissioner lee touched base on that a little bit can you tell us what that figure is. The last 5 before you is market octavia and eastern neighborhoods together im not sure we ...