right places but i think when we do these types of things during these boom times, if you will, we talk about rents, we are talking about affordability, i think there needs to be a broader discussion on that going forward. i am probably laying exactly where mr. rose did. >> move to amend the proposed resolution for retroactive and approve the resolution as amended. >> motion to amend, can we do that without objection? so moved. and the underlying item as amended? can we do that as well? madam clerk. >> item no. 4 is a resolution authorizing the issuance of up to $30 million aggregated principal amount of port revenue bonds for the purpose of financing or refinancing certain capital improvements related to the port, approving the forms of documents relating there to, approving the

issuance there to, having a public hearing with the director of public finance. >> elaine ford, support staff. just as a bit of contextual information, the port starting in 2010 re-entered the bond market after a bit of a hiatus due to increasing our internal financial capacity and also with the support of the mayor's office and the board of supervisors to make more investments in capital, in our capital infrastructure, and the intention of the revenue bond program is really to invest in larger scale investments and with your approval today will be at about $100 million since 2010. the city issued cop's on our behalf in 2013 around this will round it off. you did previously approve our ability to issue bonds in the amount of 25.3 million in may of 2013, you gave us access to the

city's commercial paper program which allowed us to keep phase ii of the cruise ship terminal on target. the purpose of these bonds is phase ii of the cruise ship terminal and also to make improvements at pier 31 in the northern waterfront in the amount of 1.9 million and we're using additional funds for pier 31, but that will allow us to open up red tagged facility, meaning it's shut to public use for private leasing and we're very excited about that project. today we have the financing documents for your review and final approval and that's the preliminary official statement, the second supplement to the indenture, the bond purchase contract and the continuing disclosure agreement. the budget analyst report notes that from your prior approval the resolution has increased 4.29 million dollars. you will see in the budget analyst's report we're not increasing the

project amount and actually bond issuance costs are going down a bit. we increased this amount when we went through the commission process because we thought interest rates might be trending upward. fortunately they did not trend upward to the extent we thought so we don't need this additional reserve at sale so we wouldn't need the appropriation amount but we're keeping the amount consistent with what the commission approved. we concur with the budget analyst's approval and i want to end with thanking you for your support of the cruise ship project. our cruise calls are coming in higher, we have 75 this year, for next year we already have 82 bookings and that means about 300,000 people coming and visiting us through cruise calls so it's good for the economy and it's good for the port. it's just been, we're really happy we've made the investment with your support. so i'm here to answer any

questions. >> thank you, miss ford. colleagues, any questions? okay, mr. rose, can we go to your report, please? >> mr. chairman and members of the committee, on the bottom of page 24 of our report as shown in table 1 of the total qued not to exceed amount of $30 million, the port estimates that 29.5 million would be expended, which is 4,4 85,000 which is more than the port's previous expenditures and as the department has indicated this is for the cruise terminal project and the northern waterfront historic structures project. and also as miss ford has indicated, this increase not to exceed is comprised of two components, bond issue costs which would go down by about $760,000 and then the bond reserve cost which miss ford indicated she will not need of about $5,050,000.

>> anybody wish to comment on this item? okay, seeing none, public comment is closed. so, colleagues, we have no. 4 in front of us with a recommendation to approve. >> we have a motion to send this item forward we can take it without objection. madam clerk. >> item no. 5 is a resolution finding the proposed hall of justice jail replacement project is fiscally feezable pursuant to chapter 29. >> brian strong, director of capital planning. good morning, thank you very much for having us here. i'm just going to quickly introduce this fiscal feasibility study that

the department of public works introduced and they will walk through it. jauft as a reminder, this is one of several pieces of legislation on the jail that will be coming before you and again this has been a key item in our capital plan since 2006 and you are aware of the seismic vulnerabilities in the hall of justice which is why we are trying to move as quickly as we can to get this jail replacement project going forward. so i'm going to introduce jamoke taylor, she is the project manager for the jail replacement project. we also have chef tee chief sheriff matt free man here to

answer any questions. >> good morning, supervisors, i'm going to run through the presentation, i think you have a copy of it. the project introduced by dpw on behalf of the sheriff's department. we are seeking authorization, in order to proceed with our environmental implementation process. it's important for us to obtain a ceqa clearance, sb1022 we believe will be around again sometime next year so this would help prepare the project to be able to, to be eligible for that funding when it comes up and also admin code 29 does require that we seek your determination before we proceed with the environmental

evaluation process. the budget analyst's report also recommends that you approve this resolution because we found that the project is fiscally responsible and there is also an opportunity for you to, for us to seek your approval at a later date and the approval would be on the bed count for the facility and to also approve the funding in december 2015. this is the schedule, i just ran through the schedule of when we will be coming before you again to seek your approval on the bed count and also on the funding. now the background, brian had mentioned that this project has been part of the capital plan since 2006. and this is part of the overall justice facilities improvement program. the hoj, we all know that it is seismickally vulnerable and

it's important for us to have a replacement facility before the hoj becomes non-operable at some point in the future. the 640 bed came from, it was arranged from the controller's forecast of 2013 and they have predicted needing between 481 and 688 new beds and the sheriff came up with 640 as a prudent number to work with now. and having that number in the environmental application, it's better for us to submit with a higher number and then if the forecasters come with lower numbers it's easier for us to move down as oh poed to ramp back up. that's why we are going with the 640 now. the new forecast update will be available late spring. this is the site. we're looking at two sites for the

environmental application and that is site a and site b site a is the block directly opposite the hall of justice and option b is the west wing of the hall of justice. so the new facility is going to move from the currently designed to the podular design, moving from the traditional linear design to the podular design. i just mentioned some of the benefits of moving from that traditional lineal design to the podular design. also i think one of the important features with the new design is the program space that the sheriff has for the rehabilitation aspect of this

jail and also the medical and mental health units that would be part of the new facility. just a few slides to go on the fiscal feasibility office, the bureau office already prepared a report. we feel the direct and indirect financial benefits to the cd to brief the benefits of the new facility before the hoj becomes non-operable, we don't want to ramp up costs, there would be associated costs with temporary jails if, in the event of an earthquake, the hoy becomes non-operable we would have to find temporary space for the current inmates and also the cost of expedited construction and the savings from inflation construction inflation if we do construct a facility before the hoj becomes

non-operable and the capital plan also states that there will be about 2800 new jobs as a result of construction to the city in san francisco. so the estimated capital project budget is about $290 million. that's what is estimated right now for the 640 beds. and the available financing, according to the office of public finance, is through the issuance of certificate of participation and it would be paid back over a period of about 23 years. the debt load would be $629,610,000 with an annual debt service payment of $29,634,000 and they do note it

will not exceed the city's 3.25 limit. the operating and maintenance costs, the current operating and maintenance costs of cj5 was used as a benchmark because of the similarity of design they are estimating $930,000 a year in operating costs. and that's the end of the presentation and do you have any questions for me? >> colleagues, any questions? actually i'll just ask this one but maybe it's more directed to i'm sure deputy sheriff friedman. the 640 bed number, i know you said having it high and reducing it if we see a trend of reducing the jail population, i'm just wondering, given the previous hearings we

have had with the decrease from different alternative programs in the community and a lot of the people that are opposed to a new jail have been saying the number should be reduced downward and i'm wondering why that 640 number is on the high end of the 688 versus in the middle of the 481 to the 688 bed range. i'm wondering if deputy sheriff friedman or miss kaylor could address that question. >> well, to go to both issues that you have raised, the use of what we call alternatives to incarceration or to pre-sentence release programs are well established, well in place, have been for some 20-plus years and will continue to be used. and in terms of ultimate bed count for the

replacement facility, we continue to work with controller's office and the jail planning team to regularly review what the appropriate number is. >> then i definitely understand the need for fiscal feasibility, especially given the need to rebuild with a pod system versus the linear system that miss taylor explained and i appreciate you walking me through san bruno but also the hall of justice facility as well. >> part of the budget analyst's recommendation was amending it to say that we'll consider the appropriate size of the jail and the project in the future, which i totally am fine with. he did suggest though in the spring of 2016 --. >> mr. chairman, members of the committee, i was going to state to you that that is incorrect, it should be 2050.

>> never mind then. mr. rose, you are up. >> mr. chairman, members of the committee, on page 31 of our report we note that the construction of the replacement jail would be financed by the issuance of certificates of participation. the certificates of participation would be paid back over a period of 23 years, ending in 2038-39, total debt service including principle interest are estimated at 629.6 million. estimated annual debt service payments would be 27.3 million dollars. on the bottom of page 31 we point out that our office previously submitted a report to the board of supervisors in january of 2014 indicating what supervisor mar has mentioned about the size of the jail. our information indicated that there could be a jail as low as

384 beds if the current average daily population remained the same. that would save about 96 million dollars if the bed count were lowered. so our recommendation, mr. chairman, as you have already stated, is to amend the resolution to specify that the board of supervisors will consider the appropriate size of the proposed replacement jail and associated project costs as part of the board of supervisors approval of the city's 10 year capital plan and you are correct, mr. chairman, it should say 2015 instead of 2016. we recommend that you approve the resolution as amended. >> thank you, mr. rose. colleagues, any questions? supervisor mar >> i just had a question of mr. rose. given the numbers you just said, i think you said 380 bed jail is something i would like more information on. i think there's a budget analyst report that's being worked on; can you tell us when that might be completed?

>> supervisors, (inaudible) budget analyst's office. we submitted a report and had a hearing earlier this year that contained those numbers and those were based, our projection of 384 beds was based on the population at that time. >> is there a report being worked on at this time as well? >> no, it's my understanding the controller's office is doing an assessment. >> any further comments or questions? so we will open up to public comment? anybody wish to comment on item 5? seeing none, public comment is closed. colleagues, may i have a motion to move item 5 forward to the full board? >> so moved. >> would you like to adopt mr. rose's recommendation? >> yes, absolutely. can i have a motion to approve the budget analyst's recommendation first? we can take that without objection. then the underlying item as amended.

thank you, miss wong. madam clerk, do we have any other business in front of us? >> no, mr. chairman. >> all right, we are adjourned. (meeting adjourned). >> so what brought you out here for the bike ride today? >> i grew up in san francisco but i have been living in new york. i wanted to see what san francisco is doing with infrastructure. >> cities are where people are living these days. the bay area is doing a lot with

construction and the way to change the world starts here. >> we are about to take a bike ride. we have 30 cyclist. i'm really excited to hit the road and see what the city has in store. >> i definitely recommend it to people. it's a fun afternoon and you learn so many things. >> this is so much fun. i go to

parts of the city that i don't come to. this will make the city a more sustain (clapping.) ♪ ♪ ♪ ♪ ♪ i think we have more companies anywhere in the united states it's at the amazing statement we're not trying to be flashy or shocking just trying to create something new and original were >> one of the things about the conduct our you enter and turn your your back and just so the orchestra. the most contrary composer of this time if you accountability his music you would think he's a

camera come important he become ill and it was crazy he at the end of his life and pushed the boundary to think we're not acceptable at this point for sure it had a great influence he was a great influence on the harmonic language on the contemporary up to now. i thought it would be interesting because they have e he was contemporary we use him on this and his life was you kill our wife you get poisons all those things are great stories for on opera. i was leaving behind a little bit which those collaborative dancers i was really trying to focus on

opera. a friend of mine said well, what would you really want to do i said opera what is it not opera parallel. why isn't it are that i have the support now we can do that. i realized that was something that wasn't being done in san francisco no other organization was doing this as opposed to contemporary we are very blessed in san francisco to have organizations well, i thought that was going to be our speciality >> you create a conceptual idea for setting the opera and you spear ahead and work with the other sdierndz to create an

overview vision that's the final product felt opera. ♪ ♪ ♪ ♪ >> i was very inspired to work with him because the way he looked at the key is the way i looked at sports looking at the daily. >> so much our mandate is to try to enter disis particular work there's great dancers and theatre actresses and choirs we've worked with and great video artists is a great place to collect and collaborate. i had a model they have a professionally music yes, ma'am assemble and as a student i benefited from being around this professional on and on soccer ball and as a conductor i'd be

able to work with them and it's helped my growth i had a dream of having a professional residential on and on soccer ball to be an imperial >> it operates as a laboratory we germ a national the ideas technically and work with activity artists and designers and video all over the on any given project to further the way we tell stories to improve our ability to tell stories on stage. that's part of the opera lab >> i was to investigate that aspect of renaissance and new work so that's why this piece it is important it was a renaissance composer. >> there were young people that

are not interested in seeing traditional opera and like the quality and it's different it has a story telling quality every little detail is integrated and helps to capture the imagination and that's part of the opera how we can use those colors into the language of today. >> so one of the great things of the stories of opera and story combined with opera music it allows people to let go and be entertained and enjoy the music instead of putting on headphones. >> that's what is great about art sometimes everyone loves it

because you have to, you know, really great you have to have both some people don't like it and some people do we're concerned about that. >> it's about thirty something out there that's risky. you know, disliked by someone torn apart and that's the whole point of what we're drying to do >> you never take this for granted you make sure it is the best if you can. >> ♪ ♪ ♪ ♪ ♪