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Constitution. Id like to answer any questions thanks. Any other members of the public wish to commit seeing none, Public Comment is closed. We have some other amendments can we take that without objection item 10 resolution approving the commission lease l25255 with the east street for the restaurants space located at 295 on the boulevard in the Central Waterfront for the greater amount of 7 percent of gross receipts or 10 thousand and plus. Supervisors jeff im the ports leasing manager. Between the port and e Street Ventures. It was approved to request a Restaurant Operator for the operation ...

I could speak real quick. As last speaker ive been trying to. Lets go. In meeting its obligations under the lease i believe it puts at risk its exempt status. At a minimum it will receive income from activities if those activities were to continue to come gem continued access to noni did not get. I dont know what information the committee has on this but you should satisfy user with this before preceding with this lease thank you. Thank you. Next speaker, please good morning supervisor farrell. Im a Vice President of the first t board in San Francisco. Id like to respond to the testimony of th...

You should satisfy user with this before preceding with this lease thank you. Thank you. Next speaker, please good morning supervisor farrell. Im a Vice President of the first t board in San Francisco. Id like to respond to the testimony of the previous gentleman. We have vetted this proposal and on their advice with the board direction we created a separate Nonprofit Foundation to actually act as lessee in this regard. Its xhoeptd of 7 members and specifically by agreement nor more than three of the Board Members can be first t affiliates. So we want to maintain our tax status. So thank you s...

Chairman and members of the committee as shown in table two on page 29 of the report the budget oversee the 4 year term from july 1st, 2013, to 2017 is 87 million and thats in direct provider costs and administration costs. The total proposed budget of 20. 3 million is 6. 3 percent more than the 2013 of 19 million plus. Thats due mainly to increase in salaries and benefits. Our recommendations on page 3 we recommend that you approve the contract as of july 2013 and to clarify the contract in the amount of this or that Million Dollar is not to exceed and we recommend you approve it okay colleag...

Main Street Ventures, a local nonprofit, has awarded grants totaling $222,246 to 12 local entrepreneurs.