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Parcels next slide is a rendering of the average Office Building ill talk about that more in a minute Purchase Price is one hundred 72 millions the proceeds go towards the construction of the Transit Center and in 2016 the project consists of 7 hundred and 66 thousand seven hundred square feet of office space and to restore the tower there is 86 hundred square feet of ground floor retail space and about 24 thousand square feet of Public Open Space the plan to Start Construction in 2016 and required to complete the construction within 39 months of commencement as supervisor kim mentioned the de...

They inhollering desnefld so the impacts from a neighborhoods are not significant youll have a union here and there and spread out so the controls or the proposal here for the remainder is the same that we pass in the castro one inlaw unit for any building currently up to 10 units and greater than 10 unit must be constructed within the. Next speaker, please. Envelope and using the space not used for residential purposes as nodded if a building is subject to rent control ill be howard to have your support and ill now defer to supervisor christensen. Thank you supervisor christensen welcome. Tha...

Here for the remainder is the same that we pass in the castro one inlaw unit for any building currently up to 10 units and greater than 10 unit must be constructed within the. Next speaker, please. Envelope and using the space not used for residential purposes as nodded if a building is subject to rent control ill be howard to have your support and ill now defer to supervisor christensen. Thank you supervisor christensen welcome. Thank you. Im grateful to supervisor wiener for spearheading a lot of the effort in district 8 there are a lot of us feel if it is time were certainly at a situation ...

[inaudible conversations] would call the subcommitteeee back toward her and thank everyone for their forbearance. Weve concluded with number Opening Statements. It sure would remind members pursuant to committee was on the Opening Statements will be made part of the record. We do want to thank our witnesses for being here today. Taking time to testify before the subcommittee on this important issue, each witnessss will have the opportunity to give an Opening Statement followed by questions from members. Again, previously mentioned today well hear from mr. Michael holmes, chief by qu executive ...

[inaudible conversations] would call the subcommitteeee back toward her and thank everyone for their forbearance. Weve concluded with number Opening Statements. It sure would remind members pursuant to committee was on the Opening Statements will be made part of the record. We do want to thank our witnesses for being here today. Taking time to testify before the subcommittee on this important issue, each witnessss will have the opportunity to give an Opening Statement followed by questions from members. Again, previously mentioned today well hear from mr. Michael holmes, chief by qu executive ...