that's past your current use today >> so 2.2 billion b; right? >>right. >> and it contains about 5 percent of the capital needs? >> not even - that doesn't address the state of good repair needs it addresses the t e p implementation to make the current assets perform better. the state of good repair is addressed through the general fund allocation that would provided us money for mid cycle over hallways and traffic signal upgrad upgrades.

in terms of the b l f because you have that in here we're assuming we're going to rely on the funding for the back log. what's our confident level that money will actually go to transit? >> we're base on assumes on the 10 year capital plan. it doesn't say it goes to any particularly to muni or streets. it says we anticipate being able to provide certainty levels of general fund to see muni and streets. so we're relying on the approved capital plan that i advocated strongly for although it doesn't

go very far to meet our needs it goes more than zero. it's not a vote of confidence but it abilities support to secure funding as evidenced by the he recent geobond. that's what we're relying on >> and going from zero dollars to something it's something but it's not combat. and i think you know this i think it's going to be a big, big political fight to make sure that the b o f is a general tax to make sure that that money goes to transit which is where it should go >> i have great confidence in the board of supervisors that this will happen.

>> thank you, mr. reiskin any other items? >> that's what i had in terms of an overview. >> colleagues any further questions for mr. reiskin? >> thank you for being here we'll move to item 5 if you're still here please come up. and anyone else who wants to commit on item 57 please come on up to the microphone >> go to the next one over there. >> good afternoon. my name is jean woods i've been living in north beach since 1962

continuously. i'm continual appearing before the board of supervisors in opposition to the subway but living in north beach i and others are not aware of the damage that's going to be inflicted on north beach. it was clear that the drilling was to constant 7 blocks further than the last station. and the tunneling is going to go halfway down the boulevard. aaron explained this because he's pretty smart and he was the

president of the board of supervisors at the time it was approved. he said it was in difference to spur which is a private agency owned by lawyers. part of the urban research i if the record could reflect what the i r stand for. i don't why the city has to expend some much of this project. it's wishful thinking they'll be a phase thee since phase one was infinitely funded. it got pretty upset and it turnout that $70 million is

being extended for this drilling and a minimum of 10 million to extracted mill student off of columbus. mta can save a lot of money and if heather rose would put his attention on to the funding you would see that. >> thank you. next speaker, please >> hello, i'm a resident of north beach. i'm here to talk about the funding of the central subway as it relates to the overall mta. it seems like we're talking about the next few years there's an elephant in the room that no

one oonlz the extra central subway the costs that are over subjected. the study shows there be l about a $400 million overrun. the money that this will cost - let's have a little slide here, i don't know if that will show up or not - so the >> sir if you would speak into the microphone. >> sorry. the typical subway will be four and a half million dollars short

this will have to be make up with taxi fund or whatever. i'm interested in here there's a a project being done in north beach called the central beach project. it will run just fine without those extra tunnels and projects going into north beach. in addition to the federal funds there will be 9 million of city funds. my recommendation is to have a resolution by the board of supervisors >> thank you, sir. >> $70 million - >> thank you. >> thank you. next speaker, please >> good afternoon howard wong.

as an architect i've managed city budget for half my career so i've been following the budgets given the document that we could procedure. yesterday the mta board award the last contract for the major subway which mta reports in the case of $420 million over estimate. from what we understand from the examiner article oversight report indicates that it was known as october of 2012 that the central subway contingency amount had dropped to 65 million

as the federal project oversight management required at least $460 million the 55 is over cost. from what we could gather we think the contingency may actually be around 3 percent. now in the context of projects you probably recognize for difficult deep tunneling much more excavation is needed. they recommend a $300 million contingency. there was a chance this project could reach $2 million. independent audits of muni projects say that projects go

over 39 million the enabling subway is going over budget >> >> thank you. next speaker, please >> wouldn't is about nice to have muni fry the likes of you and me. and soon the prize is up to no more in a city cable car attraction. see some city action without a doubt it be nice to have muni free and i think that we could all agree soon the prices it up-and-up more nor. in the city sun rated number one is muni all free. to marry lee muni free. mayor lee and all free at least

low fee. thank you city >> thank you, mr. paulson (clapping) >> okay. any members of the public who wish to commit or sing on item 5? >> okay public comments loss. thank you for being here. so colleagues could you have a motion to table item 5? >> already thank you very much again. i've called items 6 and 7 but before we start the presentation those are items that have been sponsored by supervisor wiener so i want to give supervisor a chance here >> thank you very much. before us today is a resolution

authorizing the accusation of a property currently a parking lot on 24 street that would be converted into a public park. ? an incredible project that is a bottoms up kind of project. it's not a project where rec and park said let's do this. this is a grassroots project and built support step by step in the neighborhood in the department in city hall. this parking lot on 24 accounting street is the location of the farmer's market. it started after real foods shut adopt a number of years ago

concerned residents came together to billed their own auction in the neighborhood. and i think people weren't sure lounge the farmer's market would last and year and years later here we go it is one of the few markets that the operated by the local folks. it's truly the town square of the neighborhood. down on 21st street it has no open space other than it's sidewalks. when the ministries determined it needed to sell to finance it's overdue retrofit and renovation. people were afraid we'd lose

this critical space so people in the neighborhood came together and started building support to convert it into a public park as a permanent 7 gay day a week town square. they began to raise money and have about a half billion dollars to transform this parking lot. they began working with rec and park and we're here today to ask to use our open park accusation fund fund to purpose this project. i also want to note there are other projects that we would like to see happen. and we had initialing hoped we

could bring several projects together to the board but for reasons beyond our control this is really the only project that is close to a position to be acquired you have to have buyers and so forth. and here in addition to being in a position to purpose the property it's actually quiet time sensitive because the folks have been patient until the city could purpose the property the ministries need to sell the property. and this land will be sold so i ask for your support on the accusation. and next is the code that the

park could describe in more detail now this farmer's market will go take place were with that i'll turn it over to the department for presentation >> thank you supervisor wiener. i'm with the capital planning division. before i go into a little bit more detail on the valley accusation. just a little bit on the accusation process in 2000 proposition c was passed. and 5 percent of the money must be dedicated to the accusation of real property. it currently has a balance of

$11.2 million so as of july 1st, we expect to have a little bit over $13 million in the accusation fund. over the past about 15 years recreation and park has acquired no prosperities and has ootsdz about 16 acres. our accusation policy was adopted in 2345068 and updated in 2013 it helps to prioritize and acquire real property. and it has guided us. a backbone is it's three goals

to acquire properties in an area of high needs or located in an open space area and properties that have identified external for maintenance of the park and acquire properties that allow for a variety of recreational uses - >> excuse me. >> there's a policy nut place by the chapter for the open space fund and policies in rec and park that go furthering; is that correct? just to go fester on this criteria for choosing sites for the rec and park. if you put the slide back up it

has the ability to raise funds that's significant but i'm going to support this, you know, support this, you know, this item. but there's certainty neighborhoods that have the ability to raise fund more than other neighborhoods and if that's the criteria it bans other neighborhoods. we're trying to make sure that we have equity. i'd like to proposes that park and rebecca propose if the neighborhoods can put in fund to raise for the park that those funds will enable others places around the city for open space.

maybe you use a bigger place for the accusation fund but the money raised can be used elsewhere to make sure that other neighborhoods can get served as well. i heard that noah valley is interested in going about fund raising and some schools have the ability to raise more money than others but if they're able to share those funds around the city then we can make sure we have a greater sense of equity moving forward. how can this be expanded to expand the areas around san francisco. my kids go to the school to study music so i understand

that's a great site. how can we make sure we're being wise about the money from the public >> supervisors i think it's a good point and it's actual something we've talked about in the department. we can correct the communities and create both opportunities and better the from the fundraising experience. that's an idea we can bring back to the park and rec for discussion. and there's about 3 other property we're looking to explore. but i want

for example, like a grant opportunity to help some aspect of the park. and you all know it's a expletive releasing market so we have to act quickly as in the town square. so these are the town departments four top prioritys. we're in communication with the property owner and in district 6 has the open space and we've been running a task force to

identify certainty sites in the tenderlo tenderloin. and finally the san francisco park reservoir in mission hills. we hope to complete all our cities accusations between 2 to 5 years >> and in later consideration there's a lot of people working on admission avenue - mission street would be a great potential site and people have been in communication to raise money for that, too. >> a little bit more about the property. it's located in the heart of the 24th street corridor. and it is about a quarter acre

in size currently currently is a parking lot. it hosts the valley farmer's market and the community group residents for noah valley it up square have been doing community engagements. they've been doing workshops to raise money for the project. . and the property does neat the all three of the policy goals i've mentioned. it's located in a space area specifically it fills a deficient gap for the children's

by the city to perform remediation work. >> the community has been working with a local landscape architect and that needs to be reduced further. and in other words, to cover future maintenance fees we're seeking a commitment from the board to provide funding for this. and then lastly, the timeline of april 5th we submitted a proposal for the urban green

grant. the parks and recreation recommended that be approved. we're here with you and it's scheduled for the full board to just that 4 and if it is approved we'll be in escrow >> colleagues any questions for the colleague? >> i was hoping to hear harvey's report first, because they go hand in hand. >> sure let's go to mr. rose. >> on page