you are doing to use black people. this is unacceptable. any other speaker cards >> there are no speaker cards. >> thank you very much. this is we'll have a lot more discussion on that item any specific questions. one quick one. the six months preservation that's the current - >> yes. the premeditation and deliberation projection through the rest of the year based on the data. >> okay. thank you very much for the wonderful presentation. seeing no comments on the administrator budget it is not an action item and the next business is 5 d the workshop on the recognized payments for

july 14th and 2015 - 2016 discussion >> commissioners that's that time again to recognize the schedule payment process as you recall the state resolution law requires the action submit those payments schedules so every single payment we're contemplating in the next period beginning in we're - june through december of 2014 must be identified on that schedule. so it's simply allows expenditure authorities again with our approval and in many cases the oversight board pursuant to the dissolution law. with that, i'd like to ask the

deputy director to walk you through this item >> good afternoon. so i will begin on our agenda for the raps 2014 - 2015 workshop. i'll briefly go over the basic terms to we're familiar with that and go over our timeline and i'll do in breakdowns of totals by funding source and by project and program areas so you'll have a sense of brown where the men is going. i will go over the numbers that are in your paychecks since that time it was a process we're continuing to update projects and finally, we'll get to a final version and report balk 80 back to you with the numbers and finally, i'll talk about our

next steps. again, the raps background peer required by 1836 to have our obligations approved. so far as we've approved 5 to date. and last year d u f made the a period raps in the a and so therefore the next raps we're reviewing is raps 2014 - 2015 a. so just with 2013 - 2014 b raps the upper state stayed consistent and they've permitted us with a template that has our obligations filled in by the geographical obligation and we fill in the notes.

but the whole item placing plat worksheets and not all in your packet but there's a summer. there's a report of cash balances that looks like the 2014 - 2015 a and b we're still working on that. the raps detail you have the actual item numbers and bans the funding we're requesting. the report period adjustment we refer to this is a the true up so the july to december period concluded at the end of the december so its estimated. that will be prepared and we'll provide that to you in final form. so it's the raps detail is what you have in front of you.

our timeline march first is the statutory requirement so march third is the official last day to submit a raps for the department of finance. 45 days the state department of finance makes an noticeable determination you have 5 days after that to appeal any of it and that processes wraps up by mid may then they make their june 1st property tax distribution occurs for the property tax funds. that's the general timeframe for a raps. our timeline in order to meet that we're here doing a workshop and next monday we'll have at

yours respectfully, workshop and on february 21st will be the boards action and we'll submit to the department of finance that day. so the funding will be the same in the last raps we have bond precedes and we've concluded the prior balances as well as any balances that are left over from our anticipated mission bay 2014 bonds your approved. we're provide for detail in the reserve column that is the rpp f you haven't spent as well as the balances you were allowed to keep your spotted to identify those. and grants and other fees and property tax fund and number one admin this is the tax increment

number one usage and the funds is set at a maximum of 3 percent fiscal years allocation of property tax. so again, the withdrawing way the raps is organized we began with agency wide line items at the top and our number one housing obligations and followed by the housing obligations. the south beach they were off of raps and now got back in. we went to our bond lines and we have unfortunately, a bit of a hodgepodge of new lines because d u f says you can't use a new line number so we don't keep to the project area sorting. now the spreadsheet we can do

the groupings if anyone wants to see the project areas obligation. so your current and the draft before you we circulated that the total occupational of funding from july to december it 2 hundred and 24 millions. a lot of things rolled over and in many cases we're hedging our best and on 2013 - 2014 now we're expecting to take the action to comment those funds in july so we may put that on july to december raps to allow us to the flexibility of a swing of a month or two. our new request is 55.67 million for the number one rp t f and for a total of 57.11.

again, we're refinancing those numbers as we're using the ac a in all ways we can. so this give us a summer of by program area of the total fund being requested. so we have under 6 million for our admin and property management costs and we put in a projection if we do get under a mp m approved we've included funding. we have debt service along with other - >> hold on one second has our gene gone off. okay tleerg >> thank you. >> so the debt service and in the shipyard we've have a total

of 9 million that includes our document costs and the fund for the district for the federal economic development administration advertisements and federal and state finances the vast majority are for disbursements so this is in terms of matching the federal grant. many mission bay on the number one housing see as the draw down will carry forward and mission bay north and varies consult costs and in transbay we have construction costs with the folsom off-ramp and various consultants in western edition some costs with the fillmore and the garage and that site and

yerba buena center there's the 706 mexico museum and the arithmetic center those are in yerba buena capital improvement costs. in housing we have a total of under 63 million that is funding phases even if alice griffith and the parcel west and that would be the next new one, if we can issue an rfp this and transbay block 7 and 8. and then some we have 2 million looked for the costs for the top beach and the harbor for the operations and debt and that's to two hundred and 24 million. so just looking at a breakdown of our rfp requests that's what

the state is most interested in. you can see the 57 point plus million we had a small amount requested new year in our staffing. again, the majority of that is for debt service on our bonds and we have a small amount for our shipyard. the mission bay housing this is the estimated amount of tax increments that will come in based on the pledge with the mission bay o pa and is portion of the housing of 1.3 million is the pledges amount. in the bay we're expecting 90 for number one housing agreement work and 70 thousand for the property management costs and it's from rp d f. i want to do a side to side

comparison. so similar we requested 64 million for the 2013 - 2014 a and we're at the 11. we'll see where it shacks out this is a preliminary look and some of the swings have to do with we're doing more on debt service then in 2013 - 2014 a. the that bond amazement's in mission bay are meaning we are using that for infrastructure vs. tax increment so in 2014 - 2015 a we weren't sure so we estimated higher. on bond preserves for a total of 8.9 million that will be remaining mission bay 2014 we

have not paid out by this period 37 and a half is on the number one housing and 8.4 are prior housing bonds. we have 44 million in reserves that's prior tax increments that are rolling over and we have 78.9 million for the developer fees. open our administrator budget is 6 million so it's a little bit over 4 in the staffing cost. almost 8 hundred thousand in operating expenses and medical retirements and that is for the execution of the rp e.

but we'll keep you updated. our next steps is to continue working on that. by the end of february we'll all have it done and we'll provide a final set. we need to continue with the cash balances that are part of the submission. on monday the 10th we have go to a workshop and come back to for the approval. we hope to finish by april 10th and we'll have 5 days to meet and request if we need to appeal any of their determinations and by mid may we wrap up that process and then finally, on june 2nd. and that concludes my presentation if you have any questions, i'll be happy to answer them

>> thank you very much any any public comment on this item? >> one speaker card from mr. washington. >> this is being videoed. i was - i'm appalled i'm not an accountant or a lawyer but i can read he do document stuff and i've witnessed over the last 20 years what is a happening here. you don't i can't see for the - well ray charles would tell steve i didn't wonder. looking at this in the western in addition. what do you manage in the western edition it's not the ocean did governor jerry brown know what you all are 0 doing. you've got 0.4 in the management what are you managing.

you should pay me to be quiet. i'm seasoned right now ladies and gentlemen all my 20 something years i've been coming down here a lot of times i have been accused of talking but i've built myself up to a situation were you present this to the lawyers i dream about that at night and it's obvious here. if you all oversee this you're responsible. michael johnson talks in my face he is trying to secure things to his family would had 0 w what about us who are taxpayers. he needs to be accountable.

we don't know who owns the properties is it the governor or the state or the city. who that is. who's who around here. that is i'm like an outline. all those people and a .5 million for this and that. what do we get. we've been devastated. i'm not supposed to are - you all think i'm a bad person here. close down everything that we used to have you guys are responsible. the city and county. however, you want to put that departmental lists it. its jerry brown who see

responsible 0 for this. i'm going to go to the state and raise = up there. i'm appalled here. i'm just appalled >> thank you. any more cards. >> okay. on the raps i have a couple of questions. there are a couple of line items that's alerted the executive director to you, there are tip possess i know i'll leave those alone but my main question is on the f b 2013 lines 185 to one hundred 87 replacement of the obligations. there's nothing on that is there a reap for that >> it's inadvertent so i'll fill that back in. >> okay. and is other things i

again, i don't want to take a lot of time those might be tip possess. anyone else have any questions. this is not an action item. unfortunately, there is no official meeting capacity for the commission to review the final raps before it goes to the board but i want an updated copy before the oversight board maybe the same time they get there's >> and, of course, other commissioners, if you find errors that don't make sense point those out to the staff. item 5 b workshop on the moscone congestions project and it is on

successor owned agency in the gardens. chairperson johnson >> commissioners and members of the public this is a workshop that is at your request it's for towards we had on moscone the expansion on community investment and a infrastructure property owned in the yerba buena form yerba buena center redevelopment center we had that workshop last year and the design has progressed through the mayor's office workforce development in concert with other city staffers the moscone congestions team atkins and the dwp and the full compliment of the cities request. we've brought this progress

report for your input. with that, i'd like to ask denise the development speciality in our redevelopment division to saturday off this presentation. she'll be joined by others. thank you director and good afternoon >> chairperson johnson and members of the commission. i'm a development speciality in the real estate division. the purpose of the workshop today is to update you on the states of the moscone expansion and also to present the late the skew mask design and to remind you that we own some property that is implicated by this proposed development.

okay. so before we get into the design presentation i want to remind you of the ownership which is complicated and kind of difficult to explain. when you're looking at this particular map think of that as the map on the left is above ground and the one the right is blow ground because both center block 2 and 3 were developed above and below ground. so the city owns moscone south which is everything that's represented in yellow on the slides. you can see the moscone south premises. and oc ii owns the areas in blue

and it includes the moscone north on the building of third and howard it's the buildings you know that goes along third street next to the ice ring. we own that building and we own the congestion under the gardens and most of that block. we own all the open space and the buildings except for the central building on block 2 and own all the children's facilities that are highlighted in blue that includes the children's creativity building and the eyes ring and the childcare buckildings and the playground. which areas might be implicated

by expansion. so if there are changes in any of the built improvements that the oc ii owns we'll bring that to the commission for your approval and we are assessing that we'll came back come back to you in the future but we've identified those are impossible areas implicated. one that would be the changes in the children's garden. the children's creativity museum has a cafe space across from the car sole that might be impacted or removed so that's another area. the bridge oc ii owns the bridge that expands howard street we own the management office on the

other side central block two, that may not be effected and the area between the cafe the restaurants garden area maybe impacted and then if we continue to own moscone north when it's time for the construction at the end of this year we may have to bring, you know, the design to you as well but we're anticipating we may not own it at this point. this summer hopefully, the city is planning to pay off the bonds on the moscone north premises and all the outstanding rent and when that if happens we're obligated to transfer it to the city. that could happen this summer we'll keep you updated on that that concludes my presentation.

i'm going to turn it over to the colleague. >> thank from the victim of crime and workforce development. we're excited to give you an up to date on the process over the last 2 1/2 years. the mucking conventions center contributes about 21 percent of our 16 and a half million visitor nearly $89 billion tourism economic when you include the load in and out so we have a substantial need to expand that. we've been hearing from those who book the center if it's not expanded into the future they're

to have to seek alternative space for the blow grade exciting space so you'll see your plans to expand below cb 2 and 3 inform maximum the footprint. in order to do that we'll have to move some of the meeting space bro below grade to a new location. we've been meeting monthly for the better course of the last year and quarterly meeting with the broader audience. we'll been pushing forward the curb and it's net tatted to height. you're about to see is a very thoughtful and well considered design that respects this

convention and leaves the garden and children's facilities around the center there we've done some studies with consultants that estimate any future action we're going to lists billions of dollars and this will allow us to recover about $734 million of that after completion. i think i covered a lot of that. meeting future client niece and also an opportunity to make some improvements in those two super blocks south