cultural knowledge and international relationships in a positive powerful way for our students in this country and these other countries to visit here to join this city and experience this incredible potential facility that it once again would be a model for the sports arenas in the future that would include education because i believe it's imperative that we do that and for the benefit of the public who have not heard me speak my proposal is on my website and i will include this latest letter on my website and i wish everyone well. >> okay. next up is corine woods and michael ginter. >> good afternoon commissioners my name is corine woods. i'm an alternate to the new arena cac and also serve on several other

advisory groups around waterfront issues. i wanted to echo katie ladel's comment which is that we had a lot of information, a lot of documents to read. i'm sure you have read them all, especially the fiscal feasibility study and all four appendices. it took me a couple of days even to download it. this is going too fast. the cac was supposed to believe able to advise city about how we felt about this project. we haven't had that opportunity. the cac meetings have been essentially information dumps without the ability to discuss and ask questions. we have had the opportunity directly with jennifer mattes and other staff people to ask questions but we

haven't necessarily gotten answers, and we think it would be better if you're going to postpone, and thank you for postponing the term sheet. if we could have that opportunity before any of these documents get approved. the fiscal feasibility study leads into the term sheet. i can't see how this is a good deal for the board. you're losing all the revenue that you're getting from the parking lots. you're losing ought the revenue you're getting from rent, and while jennifer thinks that 13% is appropriate we have a lot of questions about that, and we would like the cac to be able to ask those questions and get answers, and then on an informed basis come back to you with our recommendations. thank you. >> okay. michael ginter.

>> good afternoon. i am michael ginter, member of operation engineers local three, a union here in san francisco. i would like to say this is a great project. an enhancement of the waterfront. we have over 400 members in our union who are out of work right now. they're losing their homes and health insurance. they need this job to protect their future. it would create jobs for everybody in the city. it's a win-win situation. it's a great addition to the city and it would give jobs to the residents also. thank you. >> okay. mr. chen and after that raishiel shay. >> good afternoon commissioners. good afternoon everyone. i am a member of chinese citizen

alliance and i am here to speak on behalf of the proposed project. i live in san francisco for many years and i think it's important for san francisco to have its own basketball team and i remember and i know golden state warriors was once part of san francisco and i think it's time to them back to san francisco and i believe this is a good use of the portland and otherwise the land would be unused and good for business and in the area and give our city more revenues and tax dollars for the services that we need and i hope that you will support this project and thank you. >> rachel o shay and henry -- i am sorry if i butchered your name. >> hello commissioners. [inaudible] basketball but this

project is much more than basketball. [inaudible] culturally. right now chinese pop star who come to the bay area like ya ming. he cannot come to san francisco. he must go to oakland or san jose. i would like san francisco to have the same opportunity that the other cities do have the type of music and culturally that make the city so great. it is the best place we can celebrate the diversity of san francisco. please support this project. thank you. >> thank you. henry and after henry ja hol. >> evening commissioners. i am the president of the san

francisco council district merchant associations. we have a golden opportunity to have the warriors move back to san francisco. for years the pier have been deteriorating and not able to rehabilitate them. i look forward to seeing the warriors return to san francisco. not only will the piers be belltated and we will have an awesome arena and not only be for playing basketball but also for the performing arts. there have been a lot of talk about the traffic and what effect it's going to have in the neighborhood. i can tell you a couple of things about people driving and so forth. i have a daughter who is 22 year's old. commissioners she doesn't have a license. she doesn't drive. she takes the bus everywhere. i thought oh geez she must be the only one and not the case and i talked to other people and the

young generation don't want to drive. they're happy to take the bus or go with friends and then also for small businesses what we're looking at -- not everybody will come to the arean just for a show. a lot of people like to explore. i travel frequently around the world and i will rent a car if i want to go out of town but in town i take public transport. i was in seattle and i loved it and up to the japan town and chinatown areas and i had a great time and i do that all the time. i think it's a great opportunity to have the arena here and it's going to be a landmark and like sidney has at the opera house and i recall people said it was going to be a waste of money and now it's the first thing you think of sidney and i look forward to this arkts

reina being built. >> okay. >> hello. >> can i be his translator? >> yes. >> [speaking foreign language] >> i hope that we can lower the price of the arena tickets so we serve the community of low income. >> [speaking foreign language] >> i was also hoping -- i was

also hoping games could be arranged on weekends than weekdays and more people can go on saturdays and sundays and thank you. >> thank you. >> and after that charlie liker. >> good afternoon. i am a member of chinese [inaudible] and i am speaking in support of the project. i believe it is good to have more open space around the water so people can exercise like thai chi and also for seniors to rest in the place and this is very good and without this project they will be on [inaudible] to use this space so i think this is very

important for the city to do, and i hope that you will support moving it. thank you. >> thank you. and after charlie we have paula kinderalcoholic. >> good evening. >> >>i am here today and we have been doing a survey and i am here more or less as information to you. in the bay area they have -- in particular in san francisco, you have at&t park. they build a football stadium. you have candlestick park. let me tell you all something. i am amazed but not a mused by it. there is not one african-american that own a concession in no park in the bay area, not one. and they are

building these stadiums and this accounts for how black people have been driven out of the city of san francisco. when i went into the construction business there was 152 african-americans in the construction business. now there are only five and most people will say "how the hell about that happen?" it was simple and very easy. we figured it out. they don't pay them on time. they don't own concessions. they always had circuses and black people in the circus and the so-called "n" word with a ball in his hand, a gladiator or something. we have them on the field but we don't have african-americans in business and doesn't matter what you say you can't dispute what i am saying. i done a survey for

two years. not one black person own a concession in any of these stadiums from oakland to san francisco, from san francisco to los angeles. i am a disabled american veteran. some of these wow wards in the room wouldn't fight for the luxury that they receive but i was in the air force. >> >> i was in two plane crashes. i came back home. my grandson is a lieutenant in the army today and i am saying there is something wrong and you can't say it's not wrong with the basic way the country -- i don't care if there is a black president. and it hasn't changed and particularly san francisco and the most dick on the racist town in. >> >> and if you don't believe it

it's the highest amount of people put in jail is blacks in san francisco so there is wrong with the way the system is being administered and the ex-slaves and how they're still treated in 2012 and i am going to ask you. do not build a stadium or nothing in this city until you get the ground rules straight. can blacks have a concession in the stadium? can they work in the construction industry? that's all i'm talking about. if we can fight for this country and die for this country we're entitled to everything and this is not doing it. >> okay. paula and after paul emanuel florez. >> good afternoon commissioners. my name is paula and i am here

because i'm very disturbed about the aggressive schedule that's been happening with this particular project, and the warriors development group. i'm a neighbor. i live on brandon street. i am very concerned about the traffic, the public safety, the access to emergency services with this project. in addition to the giants. we're talking about 250 -- 300 days a year we have increased the population in this area. we're already extremely dense laitded populating with citizens of san francisco and i think the project itself looks lovely. i just don't think this is where it needs to be. there are plenty of places to put this without putting it one of the

most densely populated areas. when the giants are in town we're in lock down. we can't take muni as is suggested. you can wait for three trains before you can load on like a can of sardines. it just doesn't work and i am very interested -- i mean very concerned about the 13% interest for the cost of this project. it seems to be very high to me. thank you very much. >> thank you. okay. manual forflez and after that ron miguel. >> good evening madam chairman, fellow commissioners. my name is manuel florez and part of the carpenters union close to 33 years and over the years i have seen a lot of projects but i tell you the designs i see for

this one. this is what you call a smart development. what does that mean "a smart equipment". i am talking about a world class arena. >> >> i'm looking beyond the jobs what this can do for the city and county of san francisco. i will the team here is well aware of what they're up against that it's an uphill battle but they're here rolling up their sleeps. good economic sense and it can be done. you know we're going to get a lot of noise. we're going to get a lot of dust. we're going to get a lot of traffic no doubt and you know what? somebody's view is going to be blocked, but at the end of the day this can work. a first class arena for the city and county of san francisco. that's what we need. that's what we

deserve because this is a city that knows how no doubt. they know how to do it and i look forward to more of these discussions. thank you. thank you very much. >> thank you. ron miguel and after ron eric mcdonald. >> commissioners ron miguel. i am a member of the piers 30-32cac. a few comments actually. there was a comment about the volume of material maybe because of the number of cac's i have served on and five years on the planning commission that's part of the job. wait until these people see the eir is all i have to say. that's part of the job and it does take time. takes a lot of time and that's why citizens serve on cac's and commissions such as you are doing because they're willing to put the time in.

katie ladel was absolutely correct. the cac so far has been nothing but a public sounding board. we have taken the public so you wouldn't have to here in a way to be very truthful but that should not be its purpose, and it is my hope and i have been talking to katie and others on it at least come january we will start to function as actually advisory group and i think we can do so and i believe we can do so very effectively. there has been a misconception what a fiscal pleasablity study actually is. i know this from the large volume of email conversations i've had as well as a number of private conversations including some this morning next door in pier one at the port's affair breakfast this morning. people do not understand what it is,

either commissioner katdz or sue hester can correct me but i believe it was put in place by then supervisor aaron peskin as a baseline so the city on large projects can say this can pencil out or can't. it should stop some fly by night stuff people tried to propose and it serves that purpose. it's vetted by harvey rose and says yeah it can fly if all of these things come into play. they come into place at the time of the term sheet and the last negotiations. they're sort of in my opinion the fiscal fiscallablity study is like an eir and takes the big box and study everything in the box and see whether it's possible, what are the mitigations, and then guild within that box. the same

thing with the fiscal feasibility study it's to look at it and come down to the actual terms. i know it's a very aggressive plan. the concept to play in arena in 2017 blew everyone's mind and still does. i don't know if it can be done. i really don't in this city but i think there is a responsibility of the cac, of the commission and certainly the board of supervisors to see whether it's possible and i look forward to the process, so as long as people understand that this city works by process, and usually does it pretty well. thank you. >> thank you. is there any further public comment? please identify yourself. >> i was the last name you called. >> i'm sorry. >> eric mcdonald. three facts.

i'm a resident and chief operating way for united way the bay area and member of the cac and with the first hat with growing up for the city this is a tremendous opportunity on a number of fronts and economic development, growth, revitalization of a section of the city that should welcome that. working with the united way we're are looking to reduce poverty and economic growth for the individuals in the economic and increase access to african-american and other minorities and work opportunities and lastly as a cac member i would echo the last person's comments that one the fiscal feasibility says there is room for a discussion in my mind very much like a grand jury which says the trial can go forward and doesn't presume guilt or innocence and allows

it proceed and this does that and allows us to proceed and the process whether or not to go forward and i am confident the cac, that we didn't have opportunity yet to dive diseeply, it's the right form and space and we have time to do that on the issues identified and prepare and present a set of recommendations that i believe will allow the product to move forward so thank you very much for your time. >> thank you. gail kayhill. anybody else that would like to speak after her she's the last that we have public comment. >> good afternoon commissioners. thank you for the opportunity to speak this afternoon. we live in blocks away from the pier 30-32 and the sea wall development. i echo what my neighbors have said the speed at which this is hurtelling

towards approval. i was struck by what jennifer said and said they had the discussion on business terms and financial aspects but not a mention of community input and the way the advisory community has been disempowered and on the side lines so there is no meaningful input. i have concern about the threarn% return and i will condition to think about it and i looked at the eps statement that was provided today and back up why 13% is reasonable and dan barrett of barrett's spot group is one of the persons cited in the group and he has research in projects like this and sports arenas and other things and in 2011 talking about the kingace project in kak kak he said "a

city must do the due diligence with projects like this and particularly with opportunities come risks and challenges and those risks and challenges have to be weighed carefully before you move forward". i do not feel that the current process is giving due weights to the concerns of the neighborhood whose quality of life is going to suffer traditionally unless mitigations are made and if this project is so great for san francisco and i hope it is. we have tickets for warriors tickets. we request there is nothing wrong to put it front of the citizenry and with respectful deliberation. thank you. >> thank you. >> sue hester i got my feet wet

in this area by participating in the giants project, and that went on for several years, and the giants showed us all how it is done. they worked with the community, the community of their neighbors, the broader community of the city. the eir took a couple of years at the port and the planning commission, the board of supervisors, and this was after they were on the ballot twice, and there was a huge discussion. instead we have a cooked deal. i don't know how familiar you are with what you're voting on. you are voting on a schedule, and you're voting on rejecting the eir alternatives. the study that you have before you, and there are many studies, the conceptual framework says the port rejects out of hand at the

start of the process any alternative site especially any site north of the -- north of here, or south of here. north of here is fully developed. no one in their right mind is proposing an arena north of the bay bridge, but the port commission is voting to reject alternatives. you are setting a schedule, and you have heard at the beginning of the calendar that the cac said wait this is coming too fast. it is hard to participate as a member of the public for those residents in the area to participate when this is coming so fast and there is a lovely organization from everyone who made the presentations for the warriors and the court and omd and every meeting that the cac has, so i

would ask you what are you voting on? additionally i just want to say there are no rendering that we have seen anything about the -- how the stadium and the arena looks at from where people live coming up on the embarcadero on the west side and they are planning on a mounding and a mounding is going to affect people's views of the bridge, people's views of the waterfront, so we are going much, much too fast, and what are you voting on folks? you should ask your staff. what scheduling -- what assumptions you're voting on for alternative sites? thank you. >> is there any further public comment? i hope it up now for comments and questions from the

commissioners. >> if you could -- brad and both of you come back up. i think one of the things i appreciate the presentations and comments that everyone has made. this i think several of the speakers alluded to and one of the great things about san francisco there is so much participation in everything, and you both articulate the more about what the fiscal feasibility study is and what it does and if you could detail that a little more? explain the cost of capital versus the rate of return. and also give more indication of the schedule and how the cac will be able to participate after the fiscal feasibility study if it goes forward that the cac has time to weigh in all the issues

raised. >> i want to acknowledge this is an accelerated schedule and we were presented with an opportunity and i understand the anxieties and concerns and apprehensions of neighbors whose neighborhoods would change if this project is developed, and what i think we want to do is embrace those concerns and work with them constructively in a very deliberate fashion, but we are also trying to do is make sure that this opportunity remains a viable opportunity for the city and for the port, and in order to do that we need to move on two parallel tracks and i don't think one precludes the other in any way. the golden state warriors want to start the environmental review process and scope and ask the questions about what are the environmental impacts and quite overlapping -- very much so with what are the community impacts and start to address ways to address