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So, we want to at least build the foundation for something that can be ongoing. Oewd believes they can manage that and implement it. I think in hearing from the board of supervisors and briefing them and speaking with them, the businesses are feeling the pain so they want to see the money get out as quickly as possible. So i think we increase the proportion that will go directly to grants in response to that concern. Any other questions before i open it up to the public for Public Comment . Chair, i guess im just having a hard time drawing a bead on this. Who would want a loan if they can get a grant . I mean, who asked for the loans . The guys who are, i mean, i dont understand. Just i think the criteria right now for the grants, only available after the 24month project is delayed. The recommendation is for loans to be available at the inception of the project, which is a difference. That makes the loan more attractive. Attractiv ....
This is more of an oewd thing, if a landlord needs to do the seismic retrofit work, maybe it happens, maybe they know up front so they can stage it during some of the worst time of the construction, something to think about, its a little more complicated. If somebody is planning a giant project anyway, good time to do it. Yeah, i know one of the challenges in general with the seismic work, there was not a requirement landlords put anything in the leases to tenants about that. So, us being better than that standard would be great. Mr. Rose, im leaning towards the grant loan mix as being sort of a preferred option. Is there anything about that, that we should know that wouldnt be seems giving people more options is going to be better. Anything about that that is a drawback to it . I think the only the reason that we recommended it up front was because again we want to consider this to be at least to have a sustainable source and something longterm citywide we can consider how to keep it ....
Director. Kahina here kahina present chair. Ekin here. Ekin present. For the record, i note that director hinsey is attending this meeting remotely. Director hinsey is reminded that she must appear on camera throughout the meeting and in order to speak or vote on any items places you on. Item number three the ringing use of cell phones and similar sound producing Electronic Devices are prohibited at this meeting. The chair may order the removal from the meeting room of any person responsible for the ringing or use of a cell phone or other similar sound producing Electronic Device places you on. Item number four approval of minutes for the november 21st regular meeting. Thank you directors. Are there any changes to the november 20th one minutes . Yes seeing none, well open Public Comment for anyone in the room on t ....