and we're working diligently to make sure there are options on the private finance sector for the owners that do wish to move forward or are forced to move forward with these retro fits ~ and we don't see that being an issue that is insurmountable. we have 15, 20 lenders that come to the table and ready to work with the owners to help get this done. so, thank you. >> thank you very much. is there any additional public comment on item number 5? soft story seismic retrofit? seeing none, public comment is closed. [gavel] >> colleagues, any additional comments? and we do have an amendment on the table. >> actually, i did have one question of mr. otellini. mr. huey from dbi had raised the issues in his letter that he just described. can you just address them and why you don't think they need to be addressed at this point? >> sure. i think there was a little bit of confusion as to the subject buildings under this ordinance. previously, without getting into the myrrh can i details of

it, there was a confusion about how you define a story previously in the san francisco building code. ~ this was more than eliminated 10 years ago to find clarity what the impact of the story is. the legislation is to protect people that are in two levels of living over a soft story. so, in most cases that means a three story building. some hillside conditions, you have situation where building may appear as a three story building from the front, but by the building code definition is not a technically a three story building. so, we feel this encompasses just a few hundred additional buildings, but that posed the same risk, but actually has much cheaper construction costs to achieve the same safety level that the three story buildings would be. >> and you feel confident we can address that situation, the two stories over the basement scenario that mr. huey laid out in his memo? >> absolutely. >> okay, thanks. >> thank you. so, supervisor kim has proposed an amendment. is there a second to that amendment? >> second. >> okay. and can we take that without objection? that will be the order.

[gavel] >> and do we have a motion to forward item number 5 to the full board with positive recommendation? >> i'll make that motion. >> okay. and can we take that without

objection? that will be the order. [gavel] ~ ~ >> item number 2. >> time number 2 is ordinance amending the subdivision code, by adding section 1396.4, to adopt a condominium conversion impact fee applicable to buildings participating but not being selected in the 2012 or 2013 condominium conversion lotteries only, subject to specified requirements, including lifetime leases for non-purchasing tenants; and adopting environmental findings. >> okay, i'll give a moment for some folk to clear out of the hearing room. if people who are not here for item number 2 who are not speaking can maybe go out in the hallway. >> okay. item number 2 has been called relating to the condo conversion lottery and impact fee. as i've indicated before ~ supervisor farrell who is the lead author of this legislation has requested that the committee continue item number 2 until april 15th. so, for three weeks. we will have a full hearing and public comment at that time on april 15th. with that said, anyone who is here who would like to make public comment on the merits of item number 2 or on the motion to continue, you are absolutely entitled to do so. but if you choose not to make public comment today, you will have a full opportunity on april 15th. so, colleagues, if there are no introductory comments. we will open it up to public comment on item number 2. i have five public comment

cards. marion wallace, jose morales who i believe already spoke on this subject. hex [speaker not understood], josephine [speaker not understood], marlene train. and there are blue cards right through. go ahead, ma'am. ~ tran good afternoon, thank you for hearing me. i just wanted to make the comment that the people who brought tics actually did so with knowledge of the restrictions and difficulties and financial risks. and now i don't see why they should be given a pass at the detriment to the renters who are actually the ones who need protection. and i wonder how many people who actually support the amendment, aloe srithctiontioned people by their tic or are doing for other financial gain. it seems like there is some

financial gain at stake for them to show up. it seems like anyone who did purchase a tic and is now having financial difficulties could certainly sell their tic and become a renter. they have the resources. thank you. >> thank you. next speaker. ms. tran. good afternoon, i'm marlene tran, spokesperson for the visitacion valley asia linetionv. i am also retired teacher for public schools for over 30 years, having focused mainly on the nonlimited english speakers and many of them are here today. and with your permission, because they're a little bit shy about coming to the podium, if i may ask them to raise their hands so we can identify the group. may i do that? >> yes. okay.

[ speaking in native language] okay, let me ask first question. if you're a tenant, renter, please raise your hand. so, today as you can see, we are not trying to displace anybody. we are representing many of the people from the low-income, many of them seniors and most of them attendants. we have tic. as we all know, tic concerns a lot of people who are property owners. they are not renters. so, i don't think the legislation in any way displace anybody, particularly in my case because i work with this group for almost 40 years. so, i'm asking that we allow the condo bypass to happen and change the current law [speaker not understood] because ultimately it will be a win/win situation for all. thank you. >> thank you very much. next speaker.

and i have one more card, ethan davidson. go ahead. hi, my name is josephine [speaker not understood]. i would like to ask supervisors to approve this legislation to the full board and allow the condo bypass to happen to help the people who are in tic ownership right now to avoid foreclosure fate and to help them to continue to stay in the city to be middle class. and don't change the current lottery system. any significant change to the current lottery system will be unfair to the tic owner who bought their unit buildings with the reasonable assumption that it would be able to convert to condominiums in a reasonable amount of time. in a 200-year condo cap is not too many. [speaker not understood] about 50, 60 units of buildings -- 50 or 0 buildings. ~ 60

that is very little. and also this bill is good for everyone involved, even including the renters who have their own mind knowing what this bill is about to protect the seniors and the families with lifetime [speaker not understood]. i wish you would continue to support this bill and thank you. >> thank you. before we get to the next speaker, for those in the overflow room, i just want to note that we do have some open seats now in the hearing room. and we are proceeding with public comment. if you are going to testify today as opposed to waiting until april 15th. next speaker. ladies and gentlemen, i support the tic conversion. i think lots of the tenants maybe misunderstood because nobody explain to them the tic conversion will not displace or will not replace or expel any existing tenant.

the existing tenant will stay and then this new law will give the tenant maybe a lifetime warranty to live in as long as they live. and that is good, good for the tenant, good for the landlord. i don't why any people say something about that. and this society fair -- should be fair to the landlord and fair to the tenant. we both need the tic conversion like it is and thanks a lot. >> thank you. is there any additional public comment? ms. miller, do we know if there is anyone in the overflow room? okay, we're going to check with the overflow room to make sure to see whether there is anyone down there who would like to come up to make public comment.

okay, we'll just give them another minute. for the benefit of those watching tv, we are just checking to see if there is anyone in the overflow room who would like to make public comment. so, we're just going to wait another minute or two to figure that out.

[pause]

>> okay, it looks like we do not have anyone in the overflow room. so, public comment is closed. [gavel] >> colleague, can we continue this item to april 15th? >> make that motion. >> supervisor kim? without objection, that will be the order. [gavel] >> madam clerk, is there any other byness before the committee? >> no, there are no further matters. >> we are adjourned.

[gavel] good afternoon and thank you for coming. i'm delighted to announce that our first effort is unleashed upon the world. [ applause ] . it's only been two-and-a-half years since the moment of conception of this idea. it's an amazing tribute to our

community. it reached three levels of impossibility, of getting a permit and designing it and putting it on this structure and the impossibility of getting it funded. it really is a tribute to so many and a lot of faces that i'm looking at this room tonight. it comes down to as always people. i'm going through a few moments here to give a real thanks to people who made this night and the next two years possible. i'm going to list a couple of company names, but i want to think of them as members of our community that made this project possible. that included, bloomberg, guchie, it

includes the partners, magazine, california home and design, magazine, aluminum illuminary sponsors and the folks tonight. and, you know that first level of impossibility. i'm going to list some agency names. it comes down to a lot of people in this room to make it possible. my first phone call in this project was to cal trans. in cal trans working together with the bay area with the mayor's office here in the county of san francisco and coast guard, official wild

life, all of these came together to find a way when typically the system is designed to say no, people found a way to say yes to this project. the arts commission, this collusion support from the san franciscmuseum of modern art. i apologize for the folks i will be missing because this is a cast of a thousand that made this happen. we certainly love our lawyers in this process. morrison who helped it become a very established and professional way in getting the contract involved in getting this project to an amazing legal footing. the technology network in san jose who made

this a crucial project. i want to call out a thanks to or tactical team. we know how to make it small, not over 150 feet in the air. we have a studio, zone engineering and i have to say thanks to hmr who has been a rock star and directly one of the reasons this is happening. an extremely talented project. thank you all. i also want to just take a moment to really acknowledge that while leo and i have done a lot of things m in this world, we would not be able to do it alone. there is only one person responsible for this project and that is executive director of the arts.

luminarias. i can go on and on. i think i will throughout the night. do know that she's a special person and this entire community owes her a debt of gratitude. i want to thank leo and his family for bringing the level of artistic integrity for this work that somehow slipped through the progress of a work of contemporary art parallel in art history. it has everything to do with leo and our interpretations with our discussion and that one minute that transformed how people

will be receiving this project and how i can make this happen and lieutenant governor will join us at the ceremony at the bay light.org. i really want to thank our mayor who is a visionary in his own right and common good and who i had the pleasure of working with other projects and he's making this city better every single day. people should know that mayor embraced this team, this project ma way that had nothing to do with really -- even, it was a matter of passion, a personal desire to see the work of art radiant and shine in our community it was an amazing

gift. mayor lee, we owe you a great debt of gratitude. thank you so much. [ applause ] >> thank you. welcome everybody to the building in san francisco. gosh, your vision, i have been living with this vision for almost two years now ever since our city engineer said, come with me to this event and you are going to be surprised how we can turn infrastructure to a piece of art. i have worked with so many projects with roads and buildings that we oftentimes cannot lift this heavy piece of metal or holes in the ground an construction and not be able to see the work of art that contributes to this city and

future. amy, thank you for your incredible leadership on this. i met you first at this event here but was immediately sold on the possibility that we can unleash art in the most creative way. this is in fact a beacon for our arts community, for a world class city and it has the ability to attract some $50 million of contributions to our economic vitality a huge base of fans that will visit our city. there is going to be 150 million visitors, i think it's going to be $97 million contribution to our committee already scaled by our travel association. so part of it is economics, but i actual, without even having those

numbers in front of me knew that this was going to excite us. i actually know that when we unveil this tonight, the feeling that i'm going to be having, is we just won another world series because it's going to bring that kind of excitement into city. and to have this timed in a way in which we have just finished the 75th anniversary of the celebration of the bay bridge, we have opened the auditorium and on our bay for the first time we have just finished the world series and the 55 sealing on our bay is a celebration for san francisco and this incredible rebounds that this city is experiencing can really only be complimented by the arts, because allows the arts

to celebrate all the other things that we are trying to do economically to be covered, i think is an incredible cap on our future on what we can experience and exemplify to the rest of the world. this leaves me to an appreciation to the artist that he has not only visualized what 25,000 led lights can do but discovered a fashion in which will not see the same pattern at any time experience. this is kind that have innovation that we are experiencing in san francisco that creativeness, that we've always wanted to have from our arts community to us with all the other things that we are doing in struggling everyday and sometimes there are good stories but art has always been

an inspiration to me. you can imagine anything you want in these lights. the artist will say that leo has always said it and documented in so many other interviews to give yourself a chance to work with these 25,000 light is. to me it's the mustache. it will be for every child in us, the ability to celebrate, to see what's good and what we have done here, but i think it will be the beacon for world class to happen here in san francisco. i look forward to -- we talked about this being a 2-year commitment. but we all know with the success this has, we are already and i will predict that people, including myself will

want this to be on going certainly during my lifetime. [ applause ] >> so i have every expectation we'll about be right there hand in hand celebrating with you to create even more art in the city. by the way, it's budget time, so tom in the art commission, you have done very well with the opening of this timing with everybody else that we have the proper level of art to be creative, to bless us with all the things that are so positive and to exemplify the arts community for what it's done. with that, i would like to introduce our artist leo villa real. >> thank you so much. i'm beyond thrilled to be here today. this has been an

incredible 2-and-a-half years from the initial idea when ben davis asked me to consider the bridge and how it can be turned into a canvas and having thought about it and created an assimilation on the computer, animation that so many people saw and were inspired to get behind and enabled to happen. so many people to thank, but certainly folks at cal trans and mayor's office, governors office. there were so many hoops we had to jump through. getting the permit was one of the miracles. i thank you for believing in public art and helping us get this done. amy has been amazing, our executive

art director. [ applause ] amy was able to shepherd this impossible project through all the intricacies, i'm in incredibly grateful for her help, grateful for his efforts in another monumental task. he's raised $6 million of our $8 million. this project is an incredible gift by our pat patrons through the city. this is an incredible piece. you don't have to buy a ticket. it's there and available. a very universal quality, it has some response to it. it's operating on a very primal level. i think we the technical

team that put this piece up has been remarkable. zad and zoon has been a lifesaver. incredible individual who has never said no to me. everything is always been possible and bringing the team together to actually install this work. to make a photo shop simulation and 3d animation project. it was in incredibly inspiring. i went out there on a cloudy day and it was incredible magic that was happening. i knew this