resources. the primary resource information is set within the broad context of the old st. marys cathedral. and the work of edward charles chuck bassett. evaluation above demonstrates the building is important. we therefore found the old st. marys directy is a contribute building in category 3. thank you >> thank you. commissioners any questions for staff or sponsor? seeing none, wool open it up for public comment. i have one speaker card. >> commissioners i'm edward the

fortress property group. i've about that designated as the person to help old st. marys take this through to recategories the building. i think the report speaks for itself so i probably shouldn't be up hero. several years ago st. marys were rezoned and you might recall those properties were rezoned 0 sole for the purpose to recreate t dr and sell those for the maintenance of the buildings. the first building open the list was old st. marys church because they needed fund for the service fit. and the two on the left is why wore here today and following through an the notion of rezoning and trying to create monies for that preservation.

so having said that i think that, you know, the buildings virtual worth preserving as an unrated building in zone 3 the building ensueable could be sold and it would generate the money for the maintenance. thank you >> thank you. >> any other member of the public wish to speak seeing none, bring it back to commission. commissioner >> well, thank you for the staff report case report as well as your report christen i found it exfoliating to see this information developed for the property and, of course, i support this designation. i'm just you curious from the

recent speaker because on the t drs couldn't you sell them and how did it process work for you. we had a recent report deciding the program or relationship earlier this year. i'm interested yeah, that would be great with the commissions indulgence >> yeah. we were able to create about one hundred and 75 square feet and we're hoping to put a transaction together to take about 58 thousands of those and so we can move on to the directory which will be about 6 thousand feet. >> who bought them i mean, you have the money to do the

maintenance that's the idea. >> right that's a good question their sold to multiple users. actually emerald fund on hope street we sold some to 1401 mission street and i can't recall the others >> just to see how the program is running so thank you. >> commissioners any other commissioner weiner's questions or comments. >> i'll move approval. >> second. >> thank you. if there's nothing further open the motion to recommend approval (calling names) so moved, commissioners, that motion passes unanimously and that concludes our calendar >> perch we'll bring this meeting to a close.

- out. >> hi, i'm japanese with the san francisco public utilities combination sometime people call me sewer girl our systems has served the area for 1 hundred and 50 years we're planning you understand public health and our environment don't think that so come in down and see h

>> (clapping) all right. thank you erica and thank for the great work. leader pelosi and mayor ed lee thank you for your attention. welcome to yelp. i'm excited to have you here at our new headquarters. as you know yelp has lived within the same radius. we've moved a short distance away and to keep our headquarters in san francisco was a conscious one. san francisco was a key player in the yemz story. we realized that yelp might work in cities around the world with yelp in 23 criteria's we need a

little bit more desk space. yelp has 17 hundred employees 8 hundred in sf. we're committed to growing the local economy and maintaining a strong connection to our san francisco lines. when looking for a new headquarters it was location, location, location. we needed somewhere to provide easy access to lots of local businesses and restaurants and remain convenient for mass transit riders and bike riders a lot of our employees ride bikes. combrem is pack at about local plays and celebrate the distinct

active and unique. we want to have this into a more than workplace. talking of resident at the 130 montgomery is an important milestone. we'll celebrate our tenth anniversary next year. i'm privileged to introduce yelp leader our 2kwishd nancy pelosi (clapping.) and what on a honor to be your representative in congress. thank you jeremy. your leadership and your sense of community and for staying in san francisco. i'm honored to join you and your

colleagues especially our mayor who has a relationship with this part of the whole city, of course, but this was his baby and he's done a remarkable job. when we cut relishes at another that i have i tip my hat to president obama for helping to make business grow in this part of town. it's great to see you again jeremy. he brought some of the enthusiasm to washington for yelpless recently. and erica congratulations on our work here. lisa and matt congratulations on our awards how wonderful.

but it's a principle for me to be here as your representative in congress to the new headquarters but a building of great tradition and that's in our city. this whole faith is built on technology and really save in community because community is what yelp is all about. yelps success is living proof that american business doesn't want just service a small community but this whole community. from the beginning this torrid company acknowledged that this can be a good model of bits.

and certainly there's no befrt place to test this model but in san francisco. consider where we are today 140 new montgomery street stand for innovation. the first sky skrarpt to be in san francisco. it was then the pacific telephone company. i've been using caving stone as means of communication but that was the innovation of the day. that was here in 1929 that, sir winston churchill made a telephone call for his 21st wedding anniversary he said why say the age of migraines it past

it's just the beginning to today, we mark a new beginning it's called the monument for talk it's called yelp. today, we have the opportunity to celebrate the now global company community community community how many communities jeremy. while millions of companies understand how yelp can help to change minds fewer know how dedicated this is to helping nonprofits doing the same they're committed to helping leader to find czar grant award and a having champions within the company to open the doors of opportunities pr i congratulate

you it's a small amount of money to help incurs who are striving to build better community. 826 val say thank you for helping children to learn more skills. and that's what communication is all about. and the initiative to expand their business. it's all connected to communication and empowerment. i take it something is going to happen with bell, pack bell

jeremy said they have their yellow pages and we have yelp. we affirm our deaths for the economic engine it drives the american dream so thank you yelp for your leadership this tliefrz on the power of community. thank you for your imperial spirit and a your commitment to the community. thank you congratulations to yelp (clapping.) don't use it as a model but (laughter) you really this is such a passion for the mayor. and i know what this means to many this building yelp coming here for him everyday strives to

make san francisco the engine of economic growth of community respect of giving opportunity to so many people. i know this is a special program and he wanted to decade yelp to the san francisco community >> thank you (clapping.) well, that's kind of neat to have it yielded by the leader. i am, of course, very glad to be here at yelp this is my second invest to this site. i know that erica having something in common being from berkley. it's great to see people coming together after law but it's good to see maybe there's life for

me. but i'm happy to be here and join nancy pelosi and congratulating he yemen they're new home. yelp is special they're starting here and staying here that i i love coming here it is now 8 hundred the numbers changed. i visited a few weeks we looked at the building restroom for a thousand. i want to join leader pelosi it is a happy day. i love to see companies succeed and the collaborating and sharing ideas this is what yelp has done. and then to do something special in the what happened in san

francisco because companies that are here and start here they follow in the tradition like the charles swabbings and the fisher's and the hell man's they discover the resources and want others to grow with them. that's why to recognize 3 outstanding nonprofits you've columbian but even if company like yelp now, it's yelp and yelp foundation. i love that because i got it, it's sales force and sales force foundation the technology companies are taking up that social responsibility like no others and i love seeing that because that's been the values of san franciscans. we've shared in our success and

as we present more companies whether their along market street or monday night grorm we have 1 thousand companies in san francisco plus. think about how many foundations this represents >> we all know the understanding is becoming clear innovation is not about the temple it's about a way of thinking. it suggests that community collaboration, building of that community, sharing of ideas is really a spirit. i've been very happy to collaborator collaborate with yelp and looufrt has been with us a couple of times we have a relationship that's not just in

the city. i'm happy to bring yelp with me and present them to other mayors. we get to not only brag but to announce we're solving things that we're not in the drudgery of retention reform and run away accounts but we can solve them in partnership with the private sector. we took this one example data that no one looks altered from restaurants and we discovered there's no eyes on that so we matched that up with the real eyes that are at yelp and made that connection so when you go to let yelp website i can see

the relationship in government and we announced that and other cities asked how we have more people using that process. that's one of dozens of example whether it's in transportation finding parking spaces and ride sharing to function more efficient. this partnership goes beyond it and you have made it exist. i'm interested in seeing the other donation you're making to consumer free speech and thank you yelp for being here i want to call up jeremy and a nancy pelosi it's about time that on the occasion of establishing

you're wonderful headquarters and i'll watch the demonstrate you're wonderful services this is today yelp day colleagues, that places you on the next item >> does that mean he can park whatever he wants. >> that's the green bike thing. >> it's earlier in the day sometimes, it happens at dinner 7, 8, 9 but now you're telling me. >> thank you for your leadership. >> thank you.

>> it was our original bell when we started selling yelp across the street. and it's been rung many times and we were going to allow you to bring it forward (laughter) >> it's been an honor. >> let it ring.

>> (ring, good afternoon, eve

today is tuesday november 5, 2013. this is the meeting of commission on community investment and infrastructure. >> please call the roll. >> commission members please respond when i call your name. commissioner ellington?

commissioner mondejar? present, commissioner darshan singh, absent. rosales? absent, all other members of the commission are present. >> vice-chair rosales has informed us that she will be here aren't 130. she's absent for now. >> the next scheduled committee meeting is on the 19th. b announcement of prohibition of sound producing electronic devices during meetings. please be adviced that the ringing of and use of cell phones pagers and similar sound producing electronic devices are

prohibited at this meeting. please be adviced that the chair may order the removal from the meeting room of any persons responsible for the ringing or of use of a cellphone, pager, or other similar sound producing electronics. public comment on non-agenda items members of the public may address the commission on matters that are within the commission jurisdiction and not on today's calendar. each speaker shall have up to 3 minutes to make pertinent public comments unless the commission adopts a shorter period. it is strongly recommended that members of the public who wish to address the commission should fill out a "speaker card" provided by the commission secretary, and submit the completed card to the commission secretary. 1234 1234 >> the next order of business is unfinished business. we have no items. the next order of business is consent and regular agenda. we have no items. the next item is 5 a:

item a: authorizing the issuance of tax allocation bonds for the mission bay south redevelopment project area in an aggregate principal amount not to exceed $70,000,000, and approving and directing the execution of an indenture of trust, and a bond purchase contract, and approval of other related documents and actions, mission bay south redevelopment project area. discussion and actionn resolution no. 52-20133 page 3 of 3 bb update on the status of hunters point shipyard local contracting and construction workforce hiring; hunters point shipyard project area. discussionn cc final workshop on the long-range property management plan pursuant to section 34191.5 of assembly bill 1484 'redevelopment dissolution law'". discussionn dd workshop on the streetscape master plan, signage plan and major phase 1 application for candlestick point; candlestick point and phase 2 of the hunters point shipyard project area. 1234 madam director. >> thank you. good afternoon. thank you for joining us. commissioners, and for the public, as you are aware one of the major proof projects there is several enforceable obligation in place for the participation agreement including it's tax allocation pledge agreement that includes the city as a party and the developers as a third party beneficiary requires the

success or agency to finance infrastructure bonds for the purposes as described under the opa. here today to describe the proposed bond structure a little bit more about the enforceable obligation and the timing and next steps and moving through and the review with respect to the state department of finances, there is another step that we'll be coming back to you with. with that, i would like to ask the director of finances and administration to walk you through. >> thank you very much. i'm leo director of finance and administration. i'm pleased to bring before you today this proposal which is to sell up to $70 million of bonds for the mission bay south project area to reimburse infrastructure cost. the developer has already spent over this amount and is

waiting to be reimbursed based on the agreement. what we've attached with this resolution is the proposed form of bond indenture and bond purchase contract. the bond intent -- indenture would be a contract which we can demonstrate that the bonds coming in would be handled and maintained and the terms under which the bonds are called. the bond purchase contract is a three way contract between the redevelopment financing authority, the success or agency and the underwriteers for the purchasing of these bonds. e