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Would be unwise for the city to accept the obligation without a source of funds to do it. Okay. I think i have some more thoughts on that, but thats not part of this resolution so well move on to other questions. Can you just also explain again sort of the separation of the income stream from mixed use property that is are being transferred . What does that mean . So disillusion laws provides for an ability for the Oversight Board to make a determination that if you had a mixed use as sets bra Oversight Board believed it was not a benefit to the community and it was a benefit to the taxing ent...

To have an interim chair. I propose [speaker not understood] act like a chair in your absence. We have to vote on that . Well, i support it. Okay, i think thats fair. Do we need to call the roll on that . Commission members, please announce your vote when i call your name. Commissioner mondejar . Yes. Commissioner singh . Yes. Vicechair rosales . Yes. And then commissioner ellington. Yes. I will return shortly. Thank you. So, the vote is 4 ayes one absent. Perfect. Madam chair, please call the next item. Item 5c, approving, consistent with the 2006 transbay streetscape and open space concept p...

Increment bonds to the extent we go through a very rigorous process through the state, not just locally, where in those new areas its called zone 2. Its covered by the Transit Center district plan. All the highrises, the new property tax he he. Youll see that in a more indepth presentation staff will be presenting as part of your april 1st budget. The [speaker not understood] and uses of all that. But this is all flowing from the commissions work and the authorization. S. And how much is this costing us . ~ do we have the total scope of public improvements in the district, the total scope of s...

In construction existing in new buildings. Theres new property tax thats generated from all those highrises and cranes going on. So, were able to, again, through our agreement with the tjpa draw on new property tax and hopefully issue new tax increment bonds to the extent we go through a very rigorous process through the state, not just locally, where in those new areas its called zone 2. Its covered by the Transit Center district plan. All the highrises, the new property tax he he. Youll see that in a more indepth presentation staff will be presenting as part of your april 1st budget. The [sp...

And b announcement of the prohibition of please be advised the ringing of and use of cell phones, pagers and similar soundproducing Electronic Devices are prohibited at this meeting. Please be advised that the chair may order the removal from the meeting room meeting room responsible for the ringing or use of a cell phone, pager, or other similar soundproducing Electronic Devices. C an animate of time allocate for Public Comment a member has up to 3 minutes unless the commission adapts a shorter period. It is strongly recommended that the public fill out a card to the Commission Secretary and ...