Page 11 - Performance Program News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Chair rosales, commissioners. Ray miligan contract compliance supervisor. What i would like to get accomplished today is a walk through the quarterly sbe component, the workforce components and talk about some changes with the city local 14b work Performance Program and the next steps that i would like to propose for ocie. Before i get too far deep into the the presentation, i do want to just preface by saying that there are two significant changes to your reports that you should be an aware of. One is the fact at the request of the commission we started tracking minority female data so when y...

Is absent. Commissioner, we have 3 ayes. The next order of business is 5e authorizing personal serves contract with Public Financial Management ink for Financial Advisory services in an amount not to exceed 122,000 related to the proposed sales of tax exempt and taxable tax allocation bonds for mission bay north and Mission Bay South. Commissioners, as you recall we refunded a number of bonds in the existing portfolio but these bonds in particular, they are still outstanding bonds in mission bay north and south given the particulars of the plan, its a separate refunding, we want to take advant...

For Financial Advisory services in an amount not to exceed 122,000 related to the proposed sales of tax exempt and taxable tax allocation bonds for mission bay north and Mission Bay South. Commissioners, as you recall we refunded a number of bonds in the existing portfolio but these bonds in particular, they are still outstanding bonds in mission bay north and south given the particulars of the plan, its a separate refunding, we want to take advantage of lower Interest Rates of refunding component and there is a new program component, as you know one of our key missions and goals for Affordabl...

Deal of those dollars going with the local workforce contracts. We are shy of the 50 percent goal more at 27 percent, but well walk through that as part of the presentation on why that is and why are we getting those local goals up. We have a lot of activity going on in the city. With that, i would like to ask raymond lee to walk you through this Quarterly Report and we also have the director of the Workforce Division pat miligan who is here and he is joined by other members of the staff as well. Thank you director bohee, chair rosales, commissioners. Ray miligan contract compliance supervisor...

Outstanding bonds from mission bay north and two series for Mission Bay South. The most recent calculation which is somewhat dated is approximately 15 million combined. The realized savings will be subject to Market Conditions at the time the bonds are priced which is likely to be in the summer or fall of this year. The new money tax exempt bonds for Mission Bay South will fund the reimbursement of infrastructure cost and support the continued strong pace of development in the project area. The new money taxable bonds will advance the construction of low and moderate Income Housing to those ar...