whoever confesses that jesus is the son of god, jesus is the son of god. supervisor mirkarimi -- supervisor avalos: your time is to talk about the release reserved. >> i have 26 seconds. please bring to justice the distinct cover-up of the case and contact myself. i am easy to find. thank you. supervisor avalos: any other member of the public? >> -[unintelligible] and i would -- my name is [unintelligible] and i would like to recommend that you released these funds to the community aggregation. we have had with pg&e. enough is enough and it is time

to give the citizens of this city justice. thank you. supervisor avalos: we are closing public comment on release reserve. supervisor mirkarimi: i will motion to except the provision on the condition of the future release of funds as party to the reporting to us its role in how it answers the question of did potentially being a prospective facilitator in lieu of a bitter. >> i want to specifically say that we are releasing only the $430,000, not the full amount in question. supervisor mirkarimi: sorry, i agree. supervisor avalos: taken without objection. that part of the reserve is released. >> the item is filed.

supervisor avalos: very good. the next two items? which have already been called? >> i am the manager for the water system program and i am here to present items 10 and 11. the requested action today to approved two resolutions authorizing be amended existing construction contracts with the approval for $3 million in the water improvement programs, adopting findings pursuant to both of these agreements. the existing agreement on the hill is a contract amount of 16

million, should you approve the resolution today, for the amount of 20 million. the operation would not change. the existing scope of the contract is to provide professional construction management services to oversee 5 of the program projects in the valley region. similarly, if you go to the next slide there is an amount that is currently $22 million and the revised amount should be approved as $26 million. again, no change to the duration. this existing agreement provides construction management services for eight of the program projects in the region.

they had proposed of the bio- habitat restoration approach based on biological resources resulting from implementation of the water system improvement program. developing and enhancing but lands and other habitats, providing the means to execute the first mitigation measures her and complying with regulatory permit requirements for the water system program. the additional scope of work for both their agreements as revised would be to add the additional construction management scope for construction management in nine

peninsula habitat restoration sites for dedication and restoration for the existing improvement program projects. these are typical construction management services. essentially we are doing the same scope that already exists on the traditional sites. at the time that the puc entered into the contracts, it had not yet been determined, the specific habitat restoration program needed to mitigate the impact of the water improvement system program. at the time that these agreements were executed, those sites were unknown. now that we have achieved the environmental review process, as well as the permitting process,

we have specific sites that the impact. therefore puc is proposing an amendment to the existing contract in the region for doing this additional construction management work. it provides the most expeditious approach to get this work done. you see a set -- a staff with skills but no face already working in the region. and so there is a seasonal nature to this work. making sure that critical requirements are met.

>> during the presentation it is this a secret process that identifies having additional services around. the water system improvement projects. supervisor avalos: do these managers have any other work within? >> for construction management, yes. supervisor avalos: were they during construction? >> not associated with construction, rather other design and chemical projects with different contexts. supervisor avalos: thank you. mr. rose? >> members of the committee, on

page 10 or page 11 of the report be pointed out -- we asked a question first of all, solicitation of services would cost a total of $745,000. further going on towards the end of the page 7, it is the opinion that the puc that the most efficient option for habitat restoration with primary environmental monitoring with short duration as a result of

wildlife breeding cycles and weather patterns. if you have not responded to those questions at our office, we are satisfied in your recommendation of approval. supervisor avalos: very good. we can go on to public comment. making ♪ make the water better for you and for me. that is what i would say. i would like to better. fix it please. i can see the water at night.

in the dark i think it is time with water all of the way all around. that is all that one. will you not do that? please fix it. ♪ supervisor avalos: thank you. if there are no other members of the public, we will close public comments. taken without objection. moving on to the full board with a recommendation with adams -- items 13 and 14. >> item 13. hearing before the budget and finance committee to review the

fiscal feasibility and responsibility, including analysis from the budget analyst, of the city hosting the america's cup regatta under the conditions contemplated and set forth in the "term sheet" to fully understand and define the city's expectations for both the short term and long term benefits that would accrue to the city for the purposes of negotiating a formal host city agreement. item number 14. resolution approving a host city and venue agreement between the city, the america's cup event authority and the san francisco america's cup organizing committee; authorizing the mayor or his designee and the port to execute the host city and venue agreement; authorizing and urging the mayor, office of economic and workforce development, port and such other city officials as appropriate to take such steps and execute such additional agreements as are consistent with the host city and venue agreement and this resolution to bring the 34th america's cup to the san francisco bay; and finding that the proposed event is fiscally feasible as set forth in

administrative code chapter 29. supervisor mirkarimi: thank you. very good. colleagues? good afternoon. good afternoon to everyone. this is the first time that the budget and finance committee has had a hearing on the prospect of hosting the america's cup race. earlier this year when mr. yellow sun had secured the, once for which was well supported by the mayor, registering our strong interest in competing for the prospect of hosting.

it was not that long ago. in a compressed manner of time parts of the city family have been working with moving forward in a press -- proficient and unique way. should america continued to win, be the whole overcome with strangulated compass readings on costs and benefits. we want to make sure that we absolutely set the direction in the right direction to make

sure that san francisco and its people benefit as well as we possibly can from this particular prospect. but i know that there were a number of colleagues here that had also been instrumental in the questioning as well as us moving in the direction of hosting the cup. but what of those in particular and in is the plan of the central waterfront. that is the plan that has been vetted the most so far with their guards to those are great

questions. they have helped us to narrow down how we want to have these and the west that when we compare as well as supporting the notion that the northern water from auction house in the resolution before us is supported with a simple administrative amendment, a copy of the file these would be the

only two house few measures and and if in the conversation -- i want to be careful, it is important to reflect on central waterfront options, but there is also learned -- northern outpost options. many of these questions have received focus. we have a robust list of different and i see that you also want to weigh in. supervisor elsbernd: i decided

to come to this hearing for a number of reasons. first of all, to reiterate my support throughout the city on the importance of bringing the entire world here to see america's cup. which is a significant agreement upon. if this were to come to san francisco it would mean at least $1.2 million.

the second thing i wanted to mention was to echo the comments from the supervisor. i am excited about the possibility of changing our bid over to the plan keeps it will be better for the event itself and has driven another number, expense to the city. driving it down. that is the right direction. hopefully we will discuss more today. the third thing that i would like to mention is that i plan to offer a couple of short modifications related to an agreement that we will hopefully enter into with the america's cup organizing

committee. we received a letter yesterday to the committee and the committee agreed to prod the fund raised before $32 million to reimburse the city. obligations that would cover departmental expenses related to police, fire, public works, etc.. the committee has agreed on this reimbursement, and i want it clear what would happen. i would like to particularly thank the committee and its leadership for the work that has done. frankly i would like to thank everyone around the city who has been a part of this conversation. here on the board there was obviously an important conversation started around budget and city costs. i think depth the supervisor and others have helped to eliminate those aspects of those issues that we have to address and

moving that conversation forward in a good way. obviously, the mayor's office and our budget analysts have done so much to move this forward. obviously i would like to thank folks for being a part of this conversation. an intense conversation that we have been helping to push but hopefully the wind will be behind our backs and we will move this forward. >> just a question on your amendment. supervisor avalos: if the authority is not provided, then something happened of that funding does not come in? >> the language i am proposing states a couple of things. first, it would be the organizing committee committing to raise the money for the expenses i mentioned. also in this language there is a

clause that states that if the committee fails to meet these obligations, the city could terminate this agreement without any further obligations. that is something i hope to make clear as part of the overall agreement. supervisor avalos: thank you. supervisor elsbernd: -- dufty: thank you. the fact that the board is very interested in working in partnership with the rest of the city family on the america's cup, i believe that what we will hear today is a presentation from the city team that strikes the balance will looking for, creating unique opportunities for the city and the region to be at the center of an international event. today is certainly another step

and there will continue to be opportunities through city government and the legislative process to discuss. before we understand the implications of the steps we are taking as removed forward, the city has marshal resources to prepare the best possible proposal featuring san francisco park, allowing world-class been used and restaurants on the beautiful waterfront to be displayed to route the world. i want to add that our city has had a tremendous history of hosting major international events. particularly sporting events. [lists events] martha is on the team and i have known her since 1974.

she is one element of what i consider to be an all-star lineup. did i understand that there might be an amendment to this narrow focus on the northern waterfront? was that something we were going to do before the presentation? >> the president and i were just talking about that. supervisor mirkarimi: we are bundling any modifications and amendments on the northern waterfront. pretty soon after the formal presentation begins. is that all? very good. again, we have a well structured hearing with a number of people that we would like to bring out. first of like to start with the office of economic workforce development. please help us to start this process with a number of representatives from city family. we will do our best to get to

the most salient points and then we will open it up for public comment, which will obviously be a sizable audience. >> good afternoon, supervisors. just as an outline i will ask my colleagues to come give the presentation on where we are before you discussed the term sheet. that is what we had taken to develop a host city agreement with continued negotiations. we are here and prepared to talk about this northern waterfront alternative as it is the option that we have negotiated with the team as the preferred alternative moving forward. we do have detailed descriptions of what that alternative looks like as a program and what it will cost, as well as benefits

and developments associated with that program. afterward we would like to invite the president of the american cup organizing committee to say a few words. we would then like staff to discuss in detail how this program will be accomplished on the waterfront. brad will leave that presentation. afterwards we welcome the conversation, organized as you see fit, between the budget analyst and the office of the controller around the reports generated on the impact of the america's cup. again, these presentations are geared towards the northern waterfront. thank you. with that i will turn it over to carry. >> thank you. good afternoon.

since we have not been before this committee i thought we would spend a few minutes to discuss the opportunity, its impact, the process, and just as the directors suggested we are at the helm of a incredible opportunity. not only for the city, but also the america's cup. the opportunity to invest in these areas would be tremendous. key areas that have struggled in the past to secure public and private investment. the opportunity for the america's cup would be bringing the world's best sailors and sailing in the world's best racing venue. it would be a delight and draw for spectators from the bay area and beyond. there has been consensus, as the president mentioned, in

agreement that the city and region would likely seek larger economic impact. i think that the comptroller will speak to this further. in this context we have endeavored to negotiate first what is before you today to secure the right to host this 34th america's cup. it started this summer when we were in competition with rhode island and san diego. we secured the rights to be the sole u.s. city under consideration. we understand that they continue to negotiate with other countries and we will be discussing that as well. we are on the home stretch of this process and we have come to appreciate what the process has brought to the offer. being in the public realm and having these conversations has really allowed the offer to improve, as well as getting direct public comment. it has given a greater level of

certainty. not only for the team, but for the competitors. they have seen very publicly what is on the table. we have also demonstrated our ability. we have shown that san francisco can come together, show understanding, a just and crossed the finish line. this has been no small task and it is one of many tests we have been put through to show that we can do this. spending just a minute on the principles of the offer, first and foremost the opportunity to create a world-class facilities. the city would make land on the waterfront available understanding that this land, especially with respect to 30 and 32, would require infrastructure improvement. it is important to allow for

mechanisms of leases to repeat that investment. it is the give get principal. the public would get -- excuse me, this would give the public and improved asset and the team would get an improved asset. third-party approval. because so many of the approvals are outside of our jurisdiction, whether it is the coast guard or the fcc, the city does not oversee or controlled these. we had to demonstrate to the team that we would be able to secure this in a timely fashion with the level of confidence. we have set up the organizing committee with all levels of government included to make sure that we could get this state and federal cooperation where necessary delivered on time. additionally, the third principle was corporate