and they are in the works. which leads us to where we are in terms of project costs and funding. we think we have -- we have had a strategy to complete -- we have complete funding for phase one, but for phase two, there are still about approximately 8 $12 billion debt. there are some strategies, but we are not there yet, but we do have some options. the first would be to review opportunities to generate additional revenues, including special even usage, parking, and commercial leasing within the pier 27 site. we would consider further reductions as long as it does not negatively impact performance standards. we would try to identify new sources of revenue, including grant funding or other sources

of anything we can find. we would select components -- project components that are in the project now that possibly we could differ at a future date, and finally, reallocate and use funds from other capital projects. as the process goes forward, we will periodically check in with you as to what the project funding, the project's cost will be, not only with regards to phase 1 project, but especially with regards to face two, since we have a funding gap. the other question that i mentioned earlier is what are the city benefits? this is based on an economic study that was done in 2008. this assumes the the cruise industry brings 200,000 passengers each year to the ports, and the passengers and crew, this project would

generate approximately $300 million annually in direct economic activity to the city and would support approximately 400 jobs within the city. it also generates approximately $1 million annually to the general fund. in a more qualitative sense, we believe the city benefits by one, enhancing its reputation as a tourist destination. two, it increases demand for maritime businesses as well as maritime employment, particularly with the synergy between the cruise terminal facility and the dry docks at pier 70. it continues and integrates the improvements along the northern waterfront, including the exploratory and project, and finally, it will serve as a lasting legacy for the 34th america's cup, and we hope to

use the cachet with the america's cup for future use at pier 27. the next steps -- again, i mentioned a four, we go to the budget and finance committee for fiscal feasibility. we are in the process of selecting a construction manager general contractor. that process is under way. the rfq was issued two weeks ago. there was a previous meeting last friday, and we'll get back to you for consideration for approval of the contractor in the june meeting. the design team is very busy doing the design development drawings. we hope to complete them by july. we will check in with you with regards to that. after that, the construction drawings hopefully will be completed by the end of the year.

on another parallel course is ceqa. the idea is to complete ceqa by the end of the year so that we can start phase one construction january 2012. that is all i have for my report. there are any questions, i would be happy to answer. >> thank you. is there any public comment on this item? that a couple of questions. i'm curious how many people showed up at your bidder conference. >> i would say about 20 people, probably representing 12 or 15 firms. everybody you would expect to be there was there, so it was very good interest for this project. >> the ceqa for this project is separate and apart -- two heads nodding in different directions

i'll hear your answer since you are at the podium. and then maybe you should finish the question. >> i think i got it. but question is is the separate and apart from the ceqa for the america's cup? >> robert may have to help me. but there was a notice of preparation that was done for the america's cup and the cruise terminal eir. those should be done working together. that should be completed in november of this year. >> [inaudible] if anything happens to it? that's absolutely. yes. [laughter] -- >> absolutely. >> it is not something i really know the answer to at this

point. >> we have hired one consultant. the port is paying the sheriff for the cruise ship terminal analysis. the america's cup budget will hopefully pay for the share related to the america's cup, assuming that there is a budget approved by the board of supervisors here it whether it ultimately is a single report -- i do not know that we know that yet. but in terms of -- there is something under ceqa called and adjacency will, and for that reason, it is being studied together. -- adjacency rule. >> i do not know how easily you can get back to your slide on the funding sources, but it did not quite match up with what we have in our report, and you went through it fast enough that i could not tell if it was just that it was based or we have a table 3 on page 9 of the report,

and a quick passage through could not match. >> i thought that a stable four. >> it was tabled two. >> no, it was not. it was tabled four, i think, that he showed. >> i believe is table 3 and the fiscal feasibility report, which is page 9. >> right. the one that you said no one could read. that one. right, ok, that is right because you have the phases. i just wanted to clarify. thank you. >> i can provide this to you if you like. >> thank you. >> anything else?

than at any other questions? -- >> any other questions? thank you very much and good luck before the budget and finance committee. >> actually, that is table of you are on page 10 of the fiscal feasibility report. for whatever reason, i could not see that. thank you. >> thank you. >> ok, item nine, new business. is there any public comment on the business? >> item 10, public comment? >> is there any public comment on public comment? the motion to adjourn? >> second. >> all in favor? meeting adjourned at 4:02 p.m.

>> good morning, everybody. hi. how are you? so nice to see you. that looks like a great play yard. i know you're anxious to get out there and take part in all of the findings today. i wanted to introduce myself. my name is cates -- kate. i am a commentator for the golf

channel and i really want to welcome the over 300 students to our golf and leadership party here. [applause] can we did but cheer from the students from lafayette school? [cheering] how about a cheer from monroe elementary school? let's hear it for sheridan. [cheering] and a big hello from the students of jefferson elementary. wow. you guys have a lot of energy today. glad to not be in school, right? i know i liked to take a day off from school. we are thrilled to have familiar faces on hand for the celebration, which is the culmination of an effort by

pacific gas and electric and the unified school district to teach leadership and call skills to students in -- golf skills in 21 different san francisco elementary schools. that is a wonderful opportunity. as a a board member and a professional golfer, it is wonderful to see seven people having a chance to -- to see so many people having a chance to learn the skills provided by the game of golf. i would like to thank the pg&e president. [applause] mayor ed lee. and deputy school superintendent richard for taking the time to join us today.

i would like to introduce one of our biggest supporters in san francisco who also is a great golfer himself. mayor ed lee. mayor lee: thank you. good morning, everyone. i do not know about being a great golfer, but if i can brag for a moment -- how many of you have a hole in one. how many of you had three? [laughter] ok. those kids have their hands up. why? i have had three, in my last one was here. i am a happy guy whenever i come out here. and of course, i wanted to brag before i teach the kids humility, right? anyway, i am out here with good friends. certainly sandy tatum, who i have worked with for the last

two years, who helped initialize the whole first program when we started partnering with the pga. thank you for all your contributions. and you know, the first tee program, the partnership with the unified school district, and then this year with the help of pg&e, to really expand that to the fourth and fifth graders, that is a fantastic contribution. i want to thank peony because last week, we -- pg&e because last week, we were doing contributions getting ready for earthquakes, helping our youth there. i want to thank again pg&e for being good corporate partners of the county of san francisco. i want to thank the first tee program. i know a lot of members of the

board of directors are here today. it is totally of voluntary efforts to help our kids learn the game of golf, but learn the honest values, the integrity, the sportsmanship that golf brings. and ultimately, the humility that also requires you to have. wherever you go -- in the latest example -- i hit 16 shots before they finished 1 hole, and still, they finished the whole round. that was this past weekend. understanding, and humility, but also other values. kids are in for a wonderful experience when you take up the game of golf. i know you're going to love playing this game, but you are also going to love how you get support from all of us. this program is a wonderful

program. we have funded it. we have been finding it. this place has been posting the charles schwab cup of four years. it will be right here with all the past pga champion spirited play the final, most important round of the season here, and it is a wonderful contribution these professional players have with the first tee program. that is wonderful. it is a wonderful relationship we have with our school district. that is what it is all about. giving hope to the kids. support for them. they are going to take this specialized fitness that pg&e is trying to fund, to use its -- to use it so they can learn golf

skills of visitation valley, one of the first areas we opened up. i am so proud of this whole area. being a mayor who plays golf -- i am so humbled by being mayor. i am humbled by the game of golf. i learn something every single time i play this game. but i also played a lot in the city of san francisco. it is such a wonderful game for everyone in the city to have, including all of you 300 kids. thank you for coming out. >> and now pg&e president chris dunn. i know you would like to talk next. >> thank you. we are excited to be part of this program and working in collaboration with first tee, is a great organization in the city and county of san francisco and the school district. it is an honor to be here today.

mayor, i have had many, many more hole in one span three, but unfortunately they were on a putt-putt course. [laughter] my golf game itself is humiliating. it is actually humbling all the time. it is a lot of fun to play. you are going to have a great opportunity, because you are going to be able to learn a lot about lifelong values. this will serve you well. not just in school. but throughout your life. the great part is you get to have fun doing that. you get to play golf while you are doing that. it is going to be a great time for you. i have been blessed in meeting a lot of students to have gone to a first tee program and they have gone on to great things in college and post-college. and they've learned a lot of important things through the

program. i encourage all of you to take full advantage of it, to play golf, to enjoy your whole time in the first tee program. we are happy to be a part of the. we are offering a check to fund some of the activities, and i am thrilled to give you that. [applause] >> wow. [unintelligible] >> there you go. [cheers and applause] >> now unfortunately, as tiger woods found out, they do not take those at the door.

[laughter] >> deputy superintendent caramba, would you like to come up? >> mr. mayer, hole in one --that is impressive. i think i have the record for a hole in ten. [laughter] by was bragging about the fact that we are joyful learners. we do not just go to school to learn. but we learn about fund. when i counted three, i want to hear the loudest yell you can yell to show the mayor and the president how joyful we really are. are you ready? here we go. one, two, three. [yelling]

ooh, that was a big breath. that is the last time you can yell that loud on of golf course. mr. mayor, thank you for why you and pg&e are doing for the children of san francisco. these are difficult times when things are caught and scaled back. physical education does not have to be something you do when time of the day or one half hour of the day. it is a lifelong skill but all of our students will be able to use as they grow older and hopefully get better on the golf course. we want to thank you on behalf of all the 65,000 san francisco unified school district students. thank you to pg&e for giving us an opportunity to introduce the sport of golf to the students of san francisco. as a san franciscan and a

father, i will come out here and continue to train and practice and try to get that hole in 10 down to maybe of hole in five. i want to introduce a supervisor in the physical education department -- thank you. and her name is michelle. michele, could use that up, please? -- could you step up, please? >> i have a humble gift for pg&e from the physical education department of san francisco unified school district. we want to present you with this black for -- plaque for everything you're doing for the students of the san francisco unified school district.

[applause] and we have one last plaque we would like to give to first tee of san francisco. this would not be possible if it were not for the folks who are doing a great deal of work to coordinate with our departments so all of you young adults here, please remember that today is your day, and a great deal of effort went into with to make it happen. from our department and san francisco unified school district, we would like to present this. thank you, sandy, very much. greg thank you. [applause] >> i have a voice problem. you have got to be grateful. [unintelligible] [laughter]

[applause] >> thank you very much. i do want to acknowledge the president of the san francisco unified school district board of education. thank you for being here, being part of this day. so, now we have a party that is going to be kicked off, right? we have a first tee shot that is going to kick off this party. and i know you guys are all ready to party. we have a residence chris dunn, mayor lee, maybe school superintendent? and we have some students. students -- the students will exhort you down. the executive director of the san francisco first tee.

it does not look like you have the shoes on. 3, 2, 1, party. [cheering]

>> welcome to "culture wire." i'm here with james lee, and exhibiting artist, and we will have a chat today about the body of work you are presenting. after you left the military, what prompted you to go back to a place where the u.s. is engaged in military action? >> it is interesting. the population of afghanistan

is around 29 million, and there's probably no more than 80,000 u.s. soldiers serving in afghanistan right now, but if you look at the stories that come out, you think the numbers are completely reversed. all the stories are about americans, and you see almost no images of stories about the afghan people themselves, so if you look at the dominant representational paradigm uc today, it is all about foreign soldiers. my idea was to try incurred counted to that a popularized narrative and focus on images and stories that really reflect that lived experience of conflict through the eyes of the afghan people. >> you are exhibiting with three other photographers. it is true all three of them have really focused in the areas where a lot of u.s. and allied forces are seeing action, are

actually involved in combat, so your story is different than theirs. what does it mean to show your body of work along side of the stories that probably are more familiar? what kind of juxtaposition does that create for you as an artist? >> i think the strength of bringing the two different stories together is i think there is a real danger in focusing only on surface similarities between conflicts. when people look at a body of work and say that they see in this conflict photography, and it reminds them of somalia or iraq, i think that is dangerous because i think there are very unique elements to each conflict, and if you do not focus on the distinctions, you start to create a broader, watered-down topic, which is armed conflict, so i think it is important that when we focus on conflict, we make sure we do not just generalize, but we allow specific places and voices and people to be heard and we do not make these generalized assumptions about what conflict is like. >> the other photographers in

the show, what is local, and the others are from new york and new delhi. what do you like about some of their work? >> in a big fan of the fact that he approaches photography from a non-traditional point of view. he also cunner has a mixed view of cameras themselves. he calls them toys. >> he uses these cameras that one might assume our toys, but he also says all the toy cameras are cameras, so it does not really matter to him what he is using to take the images as long as he is getting the images he wants. and because they are taken with these film cameras, they have a very different feel than the other pictures in the show. one of the things i want to talk about is that lindsey's body of work is running down one side of the hall, and it is all about

women in afghanistan and how they serve and their special interactions with civilian women and communities, which is the special role that women soldiers play in afghanistan. across from eric copeland's work, which is extremely masculine and black and white and very aggressive -- what do you think about that juxtaposition between their two bodies of work? >> i like lindsey's contribution to the exhibit. she shoots in color, like i do, so it is great to see more color. she has a gift for capturing distinct moments that balance the conflict that these women are facing did today, but also very intimate, very feminine moments. she has one where a female soldier is shaving her legs at the beginning of her day, and it is kind of an odd thing to consider, but, obviously, it happens every day, but most people do not think about the challenges that face women in