will miss my first commission ever. i will not be here for the next committee meeting. commissioner rosales will chair. >> the next report of the executive director. >> commissioners i wanted to report on legislation approved by the governor on february 18th and relates to how success or agencies a number of provision to how success or agencies operate and intended to provide some relief which is why the governor signed it about a week before these roths were due. fortunately for us there is a summary that council robert brian has prepared for taund actual tax

assembly bill in g of your binders and i will go over what those are. really the key changes for us was to allow an expenditure beyond a roth period. if a lender requires that that cash be on hand. as typical all the affordable housing project not only are they able for a contract ual ordinance and what the tax requires is all the money in hand and not extend to a 6-month period an pursuant to a contract. it's spent out over time over the life of the construction project. so this was a common sense change that we had been working with our department of finance representative for the last

five roth cycles and we were please today see that this common sense changed was enacted in law to provide a stream line operations because we have different analyst, different folk coming in and out because if we have a law rather than common sense it gives us comfort, the community development department comfort. the other thing at the beginning of the roth period we may not have an invoice at the very beginning, but based on the historical data, we use reasonable estimates again a good common sense changed that we have worked to finance to accept. we are glad to see that it's now codified in law. the third item on your summary related to and you have experienced to this before on

mission bay bonds and we have put mission bay bond on our roths proposed expenditures during that roth period we expected to go 32 you the process not only with you and the review board to the finances to get approval of the bond because there is another step and approval of the payee and approval of bond action and this is something that the very last roth we got financed to accept common sense. not to just deny it out right. they denied it from the roth because they said you didn't have bond approval yet. we plan to have it during the review period. it's codified in law. it doesn't help us in new, but codifies to what we are doing. it is helpful. the fourth item relates to infrastructure financing decisions so existing law

provides that financing district or ifd's could not be in place in former or even existing r e development project areas and this provided immediate relief to cities, counties, success or agencies across the state that hadn't adopted the provisions like san francisco did whether it was housing trust fund or economic development back fill. in this case, for example that will help visitation valley which didn't have an executed contract in place at the time the dissolution 2 years ago. the city has been actively negotiating that project with the private partner. it's contaminated and it would allow and we did go through with the board of supervisors in the city the process and the formation of ifd directs and would allow with n our existing areas and even our

active project areas, for example transbay or mission bay or hunters point. of course it's to first pay an existing debt and the trust fund and there is a mandate to keep the schools whole. so it means city college, k-8. all the schools and if there is money left that far water fall then there is money available for the current financing districts. it really doesn't help if it were city and county. so the county could contribute in share and again only after the in existing redevelopment project areas that those other task have been satisfied. it's not our dollars until we have satisfied the obligations in

effect. it would help us meet our existing obligations in any of our major approved project areas. certainly afterwards after 10 -15 years wind down the city could expand if there are any additional improvements needed and use sz with consistent law. the next item relates to an administrative cost an allowance for housing entities public housing entities differentiated from the city's housing success or, the mayor's office of housing and community developments. the way the law is written as you know there is 3 percent administrative fee. so whatever the total value of property tax is, 3 percent on top of that can be used for

administrative cost up to three 3 percent and this now allows the housing entities for administrative cost. 1 percent to housing authorities. it doesn't go to the locals. in fact the previous versions of the bills specifically exclude the cities and counties from this. it was only meant to go e to the federal agencies. here because our, the city elected to be the housing success or and the housing authority, the san francisco housing authority is not the housing success or. there are no, there is no distribution. but in marine county i know, marine county said we need relief. and this provides

relief. it doesn't apply to san francisco and operations. another item really clarifies for property management plans. in terms of transfer success or agencies were allowed to guess -- designate cities or public entity to approve a redevelopment plan and also clarified what this bill did that is pursuant to a community plan or 5-year implementation plan. we provided some clarification for our particular purposes on the property management plan, it doesn't help us because we were able to fit one of the boxes and does help other entities as we know around the state. >> lastly the bring to your attention there is a formula for loan repayments to the city or county that created the success or, the former

redevelopment agencies. we do not have any outstanding loans from the city that the city expected to get paid back. so this doesn't apply to us but it does apply to a number of success or agencies and sponsored and cities across the county. that concludes my presentation on assembly bill 471 and i'm available for any questions you may have. >> thank you. any questions or 471? >> interesting. >> i have to ask you about another assembly bill. i don't know how much is related to anything in san francisco, but assembly bill 440 that allows local entities to take the place of former redevelopment agencies to assign clean up sites and get environmental reports and require clean up?

i can see where that would apply? >> is that steinberg? >> from october, a few months ago. okay, i can see where it would apply in different states because you have redevelopment agency that they were the only body that would essentially allow a clean up site and responsibility for clean up site and there is no redevelopment agency that is going to do that and it allows the local entity to take that spot and i was wondering if that had any implication with this shipyard at all. >> i'm not familiar with any of the particulars. there are probably #6 or 7 with a number of redevelopment clean up bills and proposing to expand the permitted uses for ifd for affordable housing. i have to do some more due diligence on

that and report back to you on the applicability on that. there are a number of those out there and i have to keep the commission on the posted an we are tracking and following those. >> i think that's the only one that passed and that i had a question about and it was nicknamed polanco something like that. >> we'll look into that one and probably do an informational memo back to you on its applicability and i can put it back on the directors report. >> okay. thank you. any other questions? okay. this you very much. let's go back to item 5e. we finished our discussion. we have the sole proprietor from twin peaks iii. would you like to say

anything about your business operations and how you are finding things on shore view? >> actually what we do if we just monitor the park. >> my name is rita, harvey tyler with maintenance company and we monitor the park to make sure it's clean and if there is anything to be reported back to the redevelopment agency. so far everything is going really good and there is not a lot of major things that are happening that are not normal for a park of this size. >> if you can stand. we have more questions. >> what do you monitor there? >> sometimes there is activity where people come in the park and for example, if they put thing that should normally be in the park like for during the holidays there were a couple of christmas trees in the park. so things like that is what we call monitoring

and making sure we dispose of those items and make sure the park is kept in status with the grass being emptied and trash being mowed and people dispose of things necessarily in the park we make sure we keep it in a safe normal environment. >> do you have a camera there so you monitor everything? >> no. we take pictures of the park monthly when we submit our billing to the redevelopment agency so they can see how things are looking for a month to month basis. if there is activity where it's something out of the norm, then we take pictures. four -- for example like the christmas trees if someone dumped christmas trees in the park or someone left trash that is not normal trash you

would put in trash reacceptables. there have been instances where vehicles have driven through the park and burned grass and we show right away that these things are going on in the park. >> is there lots of trash there? >> yeah, the normal trash for people when they use the park for picnicking and they use the trash receptacle but people dispose of other things that is not normal trash. >> how many hours you spend per week there? >> it varies depending on what we have to do. i would say anywhere from five 5 hours a week we spend there. >> okay . thank you.

>> thank you. any other questions? thank you very much for joining us. i know we stressed you out getting here. we are to the motion part of our discussion unless there is anymore questions or comments? okay. entertain a motion on the extension of the personal services contract? >> so moved. >> thank you very much. is there a second? >> second. >> madam secretary please call the roll. commissioner ellington, aye, mondejar, sing, rosales, johnson. the vote is 5 ayes. >> the next business is item 9 commissioners questions and matters. >> commission matters? thank you very much.

>> the mayor has a reception at 5:00 in room 201. you are all invited to the board of supervisors and district attorney. >> thank you very much for inviting me. black history month went by fast. now it's women's history month. thank you very much, commissioner mondejar. anything else? i know we have a couple of ground breaking events coming up this month. as we come closer we'll give more announcements on that. >> the next item. >> the next item is closed session. there is no closed session. next item is adjournment. >> thank you very much. we are adjourned. >> [ meeting is adjourned ] >> >> >>