and in the ideas of what would come forth and if there were a change, so we have heard a lot of ideas this evening, and we will be meeting with the controller again, so this is something you will see and hear a lot of over the next few months. they want to have this done by april 15, so if anybody is interested, it will be ready via e-mail. i think getting everybody's impact region we are all small- business owners, and this will affect everybody. >> we are working to get a briefing at the retreat and if not there then at the april meeting. >> that is all i have for this evening.

>> item 11, vice president report. >> i do not have anything at this time. >> item 12, commissioner reports. commissioner riley: as the director mentioned, i attended a workshop with the small business commission, and it was really well-attended. it was almost standing room only, and we have an assemblyman and supervisor david shula -- david shulchu, and it was very informative. prior to this workshop, i was not too clear on the difference

between the benefit corporation, but it is pretty clear the differences between them, and there were small-business owners to talk about how they benefit, so that is one thing, and i also attended a press conference to allow them to invest in the neighborhood strategy work crew. good -- work group. this is item number 10, to invest in a neighborhood initiative for commercial corridors, so there was a very good reading, and i was off to work on the work group. our first meeting was going to be at 11:00, so i was hoping

we'd get them to come to our retreat. i also attended a meeting with the fda advocacy group as well as with the fda and the oriental food association, and as mentioned by the public affairs specialist, there is going to be a lot of new food safety laws coming out, so it is important for us through informs small- business owners, and especially the group that imports food from outside of the country, and some of the members of this association mentioned there are so many new laws coming out, it would be important for them to be informed, so one of the ways i suggested is for the fda to

send information to us, and we can send it out now along with our newsletter so people can be informed of what is coming up, and all they have to do is give us a paragraph in with a link to the new law. >> thank you, commissioner o'riley. commissioner dwight: i just want to report i exchanged a few emails. i was there and chatted about dthe b corps thing. it took awhile to tease out some opportunities that major real impact on him, because he said he was not really enthused about closing the gap, and the more he had to think about it the more it made sense, and it appears

they are recommending in it is reduced from 8% to 4%. it is always nice to know that our discussions appear to have some impact. commissioner dooley: i attended a meeting of the small independent pet store owners, and i invited someone to meet with them, and that was very excited for those members to realize there are groups supporting small business issues, and it was well- received. the pet stores are becoming new members, so i think it was a good hook croup. commissioner dwight: that reminds me, i went to the meeting at petrero hills, and

there were not a lot of people there, but i was there, and the owner of sports baseman, who is very involved, and i learned they are not formally organized, and i wondered if it could be organized in the same way because and made available funding options, so i am going to try to help the organization get organized whatever is the right way, but we are meeting this friday to talk about whether there is an opportunity to be set up in a way that could provide other funding methods, because they have really struggled to have any staff, and retail isthmus a major regional retail is a major employer --

and retail is a major employer, and if they could organize themselves not as a typical merchant association, but as an economic development force, that would be fantastic, so we will see. they were excited to have some interesting. good >> any other commissioner reports? next item. >> item 13, the general public comment. >> any members of the public wish to speak? seeing none. >> new business. >> seeing none, next item. >> is there a movement to adjourn?

>> all in favor? the meeting is adjourned at 8:43 p.m. man: 60-inch screen, high-definition. football season is coming up. you can watch it right here. what do you think? i'll take it. huh! huh! now, that's what i'm talking about. you're right. i don't need it.

>> roll call. item two, approval of minutes for february 28, and march 2, 2012 meeting. >> moved. >> second. >> the motion to move to executive session? any public comment on executive session? if>> reconvene in open session.

move that we do not discuss those things discussed in executive session. >> second. >> all in favor? >> aye. >> ok, please be advised the ringing of and use of cell phones and similar electronic devices are prohibited at this meeting. please be advised that the chair may order the removal of any person responsible for use of a cellphone, pagers, or other similar electronic device. please be advised that a member of the public has up to three minutes to make pertinent public

comment on each agenda item unless the agenda adopts a shorter amount on any item. >> good afternoon, commissioners and members of the public, thank you for joining us today. i have one unanticipated item, which is to announce a meet and greet. demolition has begun at pier 27 for the long-awaited crews a terminal. we would like to host of meet and greet with our neighbors, and we have scheduled that for march 20, which is next week at 3:30 p.m. at pier 29.5, right near the job site. that meet and greet will be hosted by the host of san francisco and cars -- in concert with our partner, department of public works and turner construction. if you would like more information, you can look at our website i assume. we would love to have anybody who would like to come.

that concludes my report. 3:30 p.m. >president whoo ho: ok. any public comment? >> 8a authorization to request authorization soliciting contracts for engineering and related professional services in the amount of 1.5 million, totaling $4.5 million. request approval of policy for capital funding expenditures. item eight c, request approval of a 60 month lease, lease #l- 14819, which contains a 60 month extension option between the port, as landlord, and r. buraak

storage of limited, as a tenant for approximately 274163 square feet of paid we indicated at 600 amador street of cargo way at third street, which comprises a portion of see what three of record for in such leases also said it to approval by the board of supervisors. president whoo ho: any public comment? any questions? resolutions 12.21, 22 and 23 have been approved. >> 9a, verbal information presentation on the development

and it is position agreement and related actions to implement the 34th america's cup project involving use and appears nine, 19, 19.523, 27-29, and 29.5 and adjacent water areas. >> good afternoon. brad benson, working on the team representing the america's cup project. since we last spoke to you, a lot has happened. you have seen this play out in the paper with the america's cup project. we regret we did not have an opportunity to get a written report to you today, but we wanted to provide a verbal report to the commission about where things stand with america's cup planning, and where we expect things to go over the next several weeks. as you know, on february 27, the america's cup authority and mayor lee announced the event will continue as planned in

2012-2013, but with the proposed move of the team industrial bases to tpier 80. as you will recall, the world series events planned in 2012, we're looking to pier 80 as the site to host team bases. the development portion of the deal that we have been working on over the past year will not proceed, and as a result, we expect more discreet investment in the waterfronts, and we are not looking to development agreements to repay that investment. instead, the port would undertake the required improvements to pier 27-29 complex, which would continue to be the america's cup village and the main viewing area. those improvements would include the pier 29 at substructure, which needs repairs. pier 29 and wa end wall will neo

be finished off. certain storm water improvements to the site, and other regulatory requirements. as you will recall, a number of public access and removal projects up and down the waterfront. the revised deal, the port would undertake the costs . we are looking at the space planned for the event. the proposal to move it to 80. the moves it to the waterfront that is a little less accessible. staff has been looking at whether or not we can revise the idea of having the team industrial bases at pierce 30- 32, but with a lesser, more- focused investment at the site.

so a little bit of a plant-level view of a program that support staff and engineering group has been working on in consultation with the event authority. it is hard to see the diagram here, but you will see the embarcadero. part of the problem is it does not allow truck access to the site. we think there is a way to build truck access, which you see and purple, on the site out onto the pier, and to improve the deck in a manner that could house up to five team industrial bases at the site with overflow. we have done some engineering cost estimation, but the port engineers and event authorities, and we believe the cost of the plan would be 7 million-8 million. the benefit of this approach is

that the site really is a great site for crewuise activity. the east face a 22 is a natural water birth. we would like to be able to get buses out to the end of the pier to pick up passengers, and to again, have limited truck access. so this is a set of improvements that it's a lot more affordable than the plan we saw before that would provide 14 industrial bases during the america's cup, but have a long- term value to the port as well. i wanted to make sure the commission and the public understood 30-32 was potentially in play as part of the state's plan. i mentioned earlier some of the costs that we think the port might undertake under the revised agreements.

i would just mention a few of them, rather than going everything -- going over everything on the slide. $10.9 million worth of costs on the slide. we would do apron improvements to peers out 19. a number of removal projects a pier 64. between the pier 1 and the very building. the new end wall at 29 and storm water improvements at the end of pure 27-29, and relocating short power. that was another obligation that was on the event authority side of the location. as well as pier 29 substructure repairs i mentioned earlier. most of the improvements have a useful life of 30 years. they are good, capital investments. we have gone through the investments of scoring the

projects using the port capital plan scoring process, and they all score quite well. they fulfill a number of either permitting and regulatory obligations or other port- mission oriented goals such as maritime breathiirthing and the. the port has sufficient deck capacity to finance these obligations, largely because the poor will retain a lot of the properties that would have been leased on a long-term basis to the event authority, so we're seeing the port said capacity is growing from $65 million to $89 million. largely off because we will keep the rents in a long-term.

the added capacity would be the source of funds to finance improvements i just talked about. inow i would like to go over the next steps. it has been a busy month and will continue to be a busy month. we are continue to engage in negotiations on the reduce footprint. we're having to go back to some of the regulatory partners and explain changes that have happened over the past several weeks, and that will start with a hearing this thursday, march a 15 in oakland. in consultation with the city, we will be filing a revised lease disposition agreement with the board of supervisors for their consideration, and the board of supervisors committee of the whole continued its deliberations to march 27, so

staff will attend that meeting. then we would propose a port commission action on either march 27 or april 10, concurrent with the board action or following board action. that is the update i have a. ports that are available to answer any questions, as well as mark martin. president whoo ho: thank you. public comment. we have andrea taber. >> i guess i am here as the living proof of what the investment in the america's cup would mean for our city. i am a small business owner, minority business owner operating in the printing and paper space. i have been in dialogue with the america's cup for over five

months now talking about how we can bring sustainable material to all of their marketing material, and all of the sign it. moving forward with this plan would allow me to grow my business, bringing on additional resources, bringing on additional economic development through to our first city. i urge you to concur with what they are asking you to decide on. thank you. president whoo ho: norman appeapierce. >> norman pierce. i am a long-term san francisco resident and ownboat ownder. ier. i am in support of the effort to make this event happened in san

francisco. we had a heck of, but just a hiccup. i think this revised plan that i first saw today and any concerns about pier 32 is appropriate, because it brings back the concept of the village. having been too numerous america's cups, the ones that were most successful were the ones that created a village environment for people to interact, and not just for sailors. this event is being marketed to more than just sailors. it is going to help the citizens of san francisco, the citizens of the bay area. it will help us beginning a restructuring of our court harbour facilities into more recreational facilities, and i want to commend everybody for hanging in there really hard with the long, drawn out granite

street pier project that i just drove by today and they're taking out. it is going to be gone. we can have more good, positive work earne. you have a great partner. it was just a hiccup, but we are ready to move forward. thank you. president whoo ho: any further public comment? commissioners, comments? i want to clarify since we have had discussion on this that the consensus in the presentation, there was contention with a 4.9 million. we think this investment, and the commission is certainly supportive of looking at the idea of moving the bill which to

peer 30-32 for the other teams, and we support the direction you heard in the information presentation. >> i would like to chime in and say thanks staff for being nimble. i know it was not easy. thank you for your due diligence. >> likewise. i know an incredible amount of effort was put in under the prior reiteration come and hopefully some of that was useful. we want to thank staff for being so vigilant. thank you. >> i'm going to thank the staff , too. [laughter] and mike martin. you guys have done an incredible job and have really been there to move this forward. thank you for making this continue to happen. >> i don't want to be the silent one.

i concur with what my colleagues have said and continue to have respect and admiration for the continuing efforts that make this happen in one form or another. >> we will continue to be as creative as we can for the short-term and long-term for the city and the future of the port of san francisco. thank you. >> item 9b, informational presentation regarding environmental investigation come a feasibility study of the potential remedial action and remedial action planning for the pier 70 master plan area, located east of illinois street between mariposa and 22nd streets. >> i'm carol bach, feared provincial affairs director in the port commission. i appreciate the opportunity to present this to you today and

bring you up-to-date on the environmental investigation and remedial action plan work we have been doing up here 70. my presentation is precipitated in large part by the imminent publication of a feasibility study and remedial action plan to addressed contaminants to peer 70. -- to pier 70. i am aware that three of the five of you are new to the commission since the last of my updated you. i will give you a little bit of background on what we've been doing for the past five years before i get to this. manny, you will have to help me out on this slides. you are aware from it -- thank you.