disposed of. though we won't get a formal proposal from the contractors on the cost and schedule impacts of those challenges, we know they will be very significant. originally we placed the cost impact at about $60 million and schedule impact of a year. now we have received new information that shows those impacts will be greater. we have been working with a contractor on trying to mitigate the schedule impacts, which costs a lot of the additional costs. what we are trying to do is balance scheduled costs and risks. we have committed to going back to our commission with cost and schedule update november 13th. we will do that and keep you appraised as well as where we stand on that. this concludes my program update. i have a few slides

summarizing the two action items before you today. in the first item we are seeking your approval for the release of 34.9 million that is currently on reserve with this committee. and 27 million from program reserve to six projects. in a previous appropriation board put on reserve funding for program management that was after june of this year. now we have reached and are past june we need these funds in order to complete the program and shown on this slide are some of the program management services that are being covered by that funding. in late 2011 the board of supervisors approved the creation of a wsip program management reserve, where we could set aside some of the savings at the project level. we had initial balance in

that reserve of $144.5 million. that was put on reserve with this committee. recently our commission approved the increase in budget for six projects, as shown here on this slide. what we are doing today is seeking your approval for reallocating a total of 27.4 million from our program reserve to the individual projects. i think the budget analyst did an excellent job at summarizing the need for these. that sin included in the attachment to the analyst's report. before i move to the last slide, i want to summarize where we stand budgetwise on the program. if you are to approve the second item i mentioned, the reallocation of funds to the sixth project we will have $117 million remaining in the wsip reserves. at this time we feel

comfortable staying we are still forecasting the completion of the program to be under the approved budget. however, we need to keep in mind here these major challenges with caladeras i talked about. in early 2013 or 14 we will need to come before you to seek funding for that additional project that we will take from that reserve. also keep in mind 23 of 81 projects are yet to complete construction. there are some risks associated. the two tunnel projects do involve still some risk. excavation will be done in early 2013 so these will go way down at that time. we have two complex projects listed here the last two harry tracy and transmission upgrade that involves risk that could result in cost increases. we need to be diligent at keeping our eyes on the risks on those projects.

finally the third item involves the adoption of seek what finding for san antonio backup pipeline project. that project consists of the construction of 6400 foot pipeline in the valley. that new pipeline will provide flexibility and reliability to the system. the planning commission and the -- our commission both took action on the eir for that project in september. we were proactive to minimize the impact on the environment. as a result all impacts are being reduced to less than significant accept for some higher quality impacts during construction. i would be happy by to take questions you may have on any of the items. >> thank you. why don't we go on to the budget analyst. then questions after that. mr. rose. >> yes, mr. chairman. members of the committee. on page three of our report

we report that regarding the reallocation of the 27.3 million from the water system improvement program reserve for six projects, the reallocated amounts are summarized in table three, on page three of our report. then the attachment on page five of our report provided by the puc details the puc six project budgets and the expenditure requests. further table one on page three of our report summarizes the requested release of the reserve funds totalling 34.9 million. that is for the program management services cost. in both instances we believe based on our analysis the puc has provided sufficient details and documentation to justify this request which

combined totals 62,253,692. that money, by the way, is, as you know, funded through water revenue bonds, which are paid off through puc's water rate payers. we recommend you do approve requested release of reserve funds and reallocation. that would be file 121013 and approve proposed resolution regarding ceqa, file 120985. >> thank you, mr. rose. just a housekeeping question be about how we make a reallocation. by releasing reserve on the 27 million gives the authorization for puc to just in their budget make reallocation? >> yes, there's two actions. a reserve reserved by the full board of supervisors, a budget and finance reserve. if you released that, your decision would not go to

full board. regarding the reallocation for six projects that also would not go to the full board. you are authorized to only the budget and finance committee to release those funds that would be reallocated to six projects. does that respond, supervisor? >> yes, but the reserve was for specific purpose for specific projects. now the reallocations for different project and original purpose -- >> when the board of supervisors previously approved specifically 144 million, it was called a project reserve. in that legislation it stated that that was funded with surplus funds in the water system. in the legislation you approved it stated if other projects have a deficiency

in their project budgets, then the p.u.c. can come back and request you reallocate those funds. that is what they are doing they have identified six projects reallocated from surplus funds. as i stated we have reviewed those six projects and believe the documentation that the p.u.c. has submitted is sufficient. great, thank you. let's go to public comment. any members of the publics, come forward. that closes the public comment. thank you for your presentation. i always appreciate getting the update on the whole wsip program as well, thank you for that. colleagues, we have these items before us. why don't we continue the hearing number four to the call of the chair. when it comes to release of reserve and allocation, we can approve that here. take that without objection

as well. then the environmental report we can move that then. without objection. that is our last items. >> that completes the agenda. >> okay, we are adjourned.

>> [gavel] >> good afternoon. welcome to the board of supervisors meeting for the city and county of san francisco home of the national league champions san francisco giants. it is tuesday october 23, 2012. madam clerk can you please call the roll. >> supervisor avalos. present.

>> supervisor. >> go giants. supervisor cohen. cohen present. supervisor elsbernd. present. supervisor farrell. present. supervisor kim. present. supervisor mar. present. supervisor olague. present. supervisor wiener. present. and mr. president supervisor chiu is not in the chamber. >> thank you. given that supervisor chu just got married we will excuse her this week and will be excused and will you please join me in the pledge of allegiance. >> pledge one and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. >> colleagues we have board

minutes from the meetings. could i have a motion on approve those minutes? moved and seconded. without objection that will be approved. madam clerk do we have any communications? >> there are no communications mr. president. >> if you could read items one through six. >> these item are from the consent agenda and if want to called separately we. >> colleagues any separate? >> (calling roll). there are ten aye's. >> those ordinances are finally

passed and approved. next item. >> next item is to administrator the san francisco housing code and policies and making the requisite finding. >> colleagues any discussion? supervisor olague. >> yeah, there are a couple of debates going on between a couple of city departments, -- not a debate but discussion with middle income housing and i want more time to get clarity of the differences of opinion are when it relates to that and that is the mayor's office plab planning and make a motion to continue for one week to clarify that. >> okay. supervisor olague is making a motion to continue it.

it has been seconded. without objection and continued then. item eight. >> and for the district attorney expend a grant in the approximately amount of 399,000 for the foreclosure program for this period listed. >> colleague could we take this same call. no objections. next item. >> nine is for the district attorney retroactive grant from the california victim compensation and governments claim board for a "joint powers agreement" between this period. >> same house, same call. this resolution is adopted. item ten. >> item ten is authorization for the recreation and park

department and have a grant in the amount of $164,000 from the park and recreation for the glen canyon creekside loop trail project for the term of july 1st, 2011 through this time. >> supervisor. >> there are some technical amendments and i would like them circulated. >> there are technical amendments. moved and seconded. colleagues can we take those? same house, same call. without objection. item 11. >> listen item is resolution for the district attorney to expand the grant up to 86,000 allocated from the california compensation

victims board for the program july 12012 through june 30, 2013. >> same house, same call. this is adopted. item 12. >> is for the fiscal year consolidated plan goals from the federal government for the community block grant, and the emergency solutions grant and opportunities for persons with aids grant. >> same house, same call. this resolution is adopted. item 13. >> item 13 is for work force and development in grant from the u.s. department of labor pass us through the california employment department for the will disability initiative listed here. >> same house, same call. this resolution is adopted. item 14. >> item 14 resolution for the presiding judge on the super court and the recommendations

in the grand jury report where there is smoke and for the implementation of the annual budget. >> same house, same call. this resolution is adopted. item 15. >> is an ordinance for the administrative code for the policy right to return to revitalized public housing units and authorizing new hours for the stabilization board to administer this policy. >> same house, same call. this ordinance is passed on the first read. next item. >> 16 resolution for the acceptance and purchase agreement for the waller street to buchanan and execute documents in furtherance of the resolution. >> same house, same call. this

is adopt. number 17. >> construction a surface and subsurface structure in union square park for the project union street station. >> same house, same call. this resolution is adopted. colleagues our 4:00 p.m. will be continued and will take that up then. why don't we go now to roll call. >> supervisor wiener. supervisor cohen. thank you supervisor cohen. supervisor farrell. >> thank you colleagues i have just one resolution to present today and san francisco conjunction with the 49ers to host the super bowl here. it was announced that san francisco was nominated as a finalist to

host the 2016 or 17 super bowl and i want to thank mayor lee on that and david chiu was there and thank the 49ers and mr. silverstein who helped with the advertisement and the big committee member who is will make up a lot part of this process and chair from tipping point and conleeza rice, and lor rein powell, mayor willy brown, mary murphy, chris kelly, ron conway and many others. it's really an all star crew from people in the bay area. the economic benefits are incredible. thousands of jobs and millions of dollars of economic activity. in san francisco we have been tested and with the giants and the america's cup and fleet week and all of the events we have

hosted. it's an incredible time to be a san franciscan. it's a world class event and one of the biggest in the world and we are a world class city deserving of hosting it. i want to thank the chair for getting the funds for the youth programs and the more we do the better off we are as a community here in san francisco. i think his goals are ambitious but i am confident in them making it a reality in the city and i hope you join me and i submit. >> thank you supervisor farrell. supervisor kim. >> thank you. as long as we're on the topic of sports we am introducing this on the traffic impacts and on pier 32 for the warriors and we are excited

they're making san francisco making their home, or returning back to san francisco as their home. one of the largest concern through the neighbor meetings is the impacts of traffic and other transportation concerns in the south beach mission bay communities, so this is a hearing request so we can address some of the broader questions and also learn a little bit about what we have been able to do to mitigate the concerns with the at&t as well and although i cannot claim the victory the ballpark is in our district and we are inkredally brought of our team and the mvp and excited to go to the world series and the rest i submit. >> thank you supervisor kim. supervisor chiu. >> thank you colleagues we used ten to ten to reduce the blight

of yellow page phone books. at that time the one federal case in the issue decided that the city of seattle with a camperable ordinance was able to do it under the first amendment. last week a circuit panel undid that case and they're in the protections and i disagree with the reading and to the polluters that litter on your footsteps and based on the same logic as the citizens united ruling and considers the corporate super pacs the same as real people but with our city attorney i am introducing legislation today and suspend our pilot programs until we see if seattle's law

is consistent with the first amendment and i am working with the city attorney to find alternate approaches for the same goal. the rest i commit. >> thank you supervisor. supervisor. >> submit. >> thank you supervisor. >> supervisor mar. >> thank you madam clerk. i have several things. the first is my strong support for the neighborhood theater and in the richmond district. i have been supporting the survival of the neighborhood theaters and i am introducing a motion for what the city can do much more to protect the small independent theaters. i have been working hard to support the balboa theater and the foundation has stepped in really to help our neighborhood show strong support for it, but also at the four star theater and chinese

american movie series. it's one of the only one that still continues to show chinese movies in our city and i am helping in the process to renovate the aland der theater to make sure that we restore but also maintain a small neighborhood 38 existing there. also across the city communities are stepping up to support theaters like the roxy in the inner mission and the red victorian in the haight ash bury as well and i hope the area is supportive of other efforts too and i look forward to working with the theater foundation and how the city can support more of the neighborhood 38s. they serve as an anchor to the communities and drive economic opportunities in the neighborhood and i look forward to working with you and

supporting them. and in light of the big earthquake we're anticipating in the next 30 years and also to support homeowners and public safety i am introducing a resolution for federal legislation and of earthquake and by feinstein and this act would allow california's earthquake authority to lower cost to homeowners and guarantee bonded issued by the california earthquake authority in lieu of perfecting reinsurance and accounts for 40% of the cost. this would save homeowners $100 million a year and lower the rates by 20% and allows homeowners to afford insurance and speed economic recovery

when the next big one hits. maybe a fraction, 10%, of the homeowners have insurance and my hope is will help those within the city. i wanted to let people k know11:00 o'clock next week on inside i am working with the rec and park central richmond to unveil the new play ground and join us at 11:00 a.m. and fulton and the new cabrilo play ground and we have been working to revitalize the area so the parks and play grounds really help to revitalize our neighborhoods. please join us. also i wanted to acknowledge a community arts organization is celebrating its 25th anniversary at yoashys and one of the unique rare ones i

think to revitalize chinese and asian arts but the whole community. it's called improv asian carts and it's the 25th anniversary. i have been a strong supporter since the inception and give thanks to the many people for their work to strengthen communities to show the history of the asian and the pacific islander experience in their art and also how they fight for more cultural equity in our communities. please join us at 7:00 p.m.. another key part of the celebration of 25 years of asian improv arts is support other artists and wang wallace and others and lucy lynn and the director of the grant frs the san francisco arts commission but it's also

unveiling a new piece by john chang and one key piece will be a portrait where i am narrating part of it and a chance to work with the jazz and improv community and also that support the cultural equity in the neighborhoods and i will narrate a key piece with that. thank you. >> thank you supervisor. supervisor avalos. >> thank you. colleague i want to recognize two that have passed in the nation and george mcgovern and my first election then when i was paying attention to anything and his significance under the campaign in the country gave a lot of strength to millions