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 15 of our report we point out that pursuant to the purpose agreement the noah

ministry is going to sell the property to the city. that's $490 million in squatter and that's a 2 percent less than the appraised on this property. on this page we talked about the accusation fund it would be used for the accusation if the proposed property is acquired for 2.24 million it would be - however, i would note there's a footnote that that open space fund is scheduled to get an additional $2 million

approximately in fourteen, fourteen so that would bum up that amount to $9 million. also on page 17 we have a table 3 which shows the stemmed development costs for the 3824 street property. those costs are up to $2.3 million and there's additional amenity. so they can range from the estimates provided to our office from about 2.6 million to

resolution to specify that the property would colonel from the not from the recreation. i'm withdrawing recommendation 3 and on recommendation 4 we

consider the policy decision for on the board. i have two policies as a matter for the board >> thank you, mr. rose and i also want to say that the real estate gentleman is here do you wish 80 to add anything? >> thank you supervisor wiener. i would add that the appraised value is done by a third part consultant review. they've been very cropper active

>> i appreciate the presentation i know i've talked to supervisor wiener acquiring this property and it's a perfect use of the fund. i, however, have a few concerns and i want to make sure i'm doing everything or everything to understand what the city's responsibility b will be especially with the limited resources and how this fits in and increases the popularity of the cities resources are with the park and staff. especially, when i mentioned before when we discussed last week and the budget and sub finance committee, of course,

great park the dog park and state park i'd like to have a state park in district 5. one of the conversations we had when with we had an update one of the concerns was park patrol. and how limited those patrols are. the response from the park and rec department we said absorb it in the larger i knguess they wod basically take on the parks we were adding to the popularity from district 6 and now we have another great opportunity and again, no clear direction about

how this will be maintained and how the park patrols to make sure it's a save area for people. and so part of my concerns include just really what does this mean long term in terms of the accusation fund will only pay for the land it my understanding. there's no clear direction other than the further be a resolve clauses that the board of supervisors urges that the funding be provided through the budget process to adequate low staff the park. so it says not only yes, it's great and that's an appropriate use of this funds and, yes

there's fund to support this park but how will it be maintained long-term. we have those great new parks and we neglect our old parks are the complaints i get are the lack of maintenance in our parks. i know that rec and park is doing what they can but yet we're adding on a new responsibility and they get priorities at the expense of our old parks. so i just want the rec and park to really provided us with many assurances that this is actually a responsible step in the right direction for the city and that

they some how their plans long-term to maintain this park. without the existence of leaving the other parks behind. >> supervisor recreation and parks department. those are excellent points we've struggled with as we evaluated wore one of the things we're seeing this year is a real policy issue. we have not just one accusation but 3 and 4 accusations. the valley town square i want to