>> and they're doing a good job i want to just notice - >> okay. >> i want a further clarification on the parking space. i think i read it and i think you here you sigh correct me if i am wrong that the parking spaces for the affordable context are proposed to go down or be reduced >> yeah. but not for the market rate and if everyone can take transportation and sidecar and hoover why wouldn't that be applicable to everyone? >> well, the reason we're able to do it for the affordable side in order to safe costs the market developer is going to pay for those spaces so if we paid

for them that's not a way to reduce the gap but the market rate and parking we analyzed this was appropriate their within the design guidelines that has a maximum of one parking space per unit and this is well below that that's less than 10 percent will have access to the parking so it's within our guidelines. >> so i understand maybe the financial explanation but i'm talking about a public convenience prospective that i mean folks that live and everyone has use for parking spots and transportation. i guess am i missing something there's more personal conveniences being afforded to the market rate side of thing >> through the chair.

commissioner, i think part of the issue there's a share of costs between the market rate developer and the affordable later developer if i reduce all the parking to reduce the percentage the the affordable has to cover from the reduction in the a m i mike why don't you add to that >> as elizabeth mention we have a set of controls that specify the maximum of one parking space per unit. this project is you can by far the lowest the market rate projects of the all projects like thirty percent i know parked for the market rate project. so, i mean the simplest answer they're expecting the market rate to rely on bike parking and

things like that. for a market rate project like this you have fairly expensive units there are some may or may not benefits to having parking spaces so when we discovered the affordable project needs a break the market rate developer sort of built those parking spaces that the builder was going to have to pay for they planned on doing less parking it didn't change the overall parking they said they're still way below what you typically see a market rate project they're close to one parking space per unit but voluntarily done more than that they appreciate the transit benefits and sort of embarrassed

the goal for low parking spaces and they're still low just an extra 25 space than before >> thank you that was clear. >> the only other question i had was i read in the retail space on the corner of fulton and beale they're going to service a restaurant do we know what kind of. >> we don't yet. >> thank you. yeah. commissioner mondejar >> those are all rental? >> correct yes. >> thank you. okay. thank you. so just a couple of quick questions you were mentioning ah p funds one more time >> their affordable housing

funds from the federal home dike. >> okay. and just i'm not normally the parking person i'm going to ask you what are the other options in that area for parking rental spaces or public parking. >> i'm not sure what the others rental spaces i don't think we're going to be expecting folks to rent other spaces as i mentioned the mass transit options or different car share types of services but not sure about parking spaces for residential - >> okay. so i know there's a couch of blocks in the area that yeah. >> i only notice because we own a parking lot in the area and

doing parking space studies. there are several places it's not cheap $200 a month but in the neighborhood if you really wanted to lease a parking space you could but we don't expect the residents to do that there's on site car sharing and public transit and bike parking >> yeah. the reason i asked the question that area is particularly tiding with other options and i was trying to gets a feeling i understand the financial part the mandated developer islogically the cost-share for the developer and taking the parking spaces i'm trying to gets to the options what people have. to me it's not out of the ream go to go down to 8 spots but

people will want to own a car and drive 2 times a month and b will have to put their car somewhere >> they will have options to represent a space in a private parking lot but the car sharing options are really good in addition to the car sharing in the building there's car sharing it's pretty easy to get, you know, a city car share car or others services, you know, within a block of the project. in addition to the one site conditions there are be on site >> i'm not the parking person i normally ride my bike. thank you, thank you mike. okay i didn't have any other particular questions i'll have

more about the commercial space but not now. >> i was interested if exploring the sb e participation i know that's maybe before i say what i know maybe we can talk about that is it attachment i see the san francisco sb e but not the window for w b e but i see it on the professional consulate list. can someone tell me how well, those are doing >> i don't have the numbers for m e w b but i don't know if the development team can speak to

that. >> good afternoon golden gate bridges ocii. currently about thirty percent of the contracting dollars of the 17 million is still available. we're looking for a second and third tier opportunity the company has agreed to work with the staff to identify tints. currently there are 2 w b e and one accountabilities so there recent 49 percent and w b e numbers could be increased and we're hoping to work closely with kay hill and my colleague may want to talk about the commitment to the sb program

>> yeah. i'd love to here it. george >> you said is to fast. >> i'm sle la at the mercy housing mercy has been very, very committed we have in the consultant agreements and the rfp and procurement as well as the contractor contract and procurement requirements for meeting the f b e goals. right now the contractor is doing a phenomenal job at getting to the sb e mark we have a gm contract we're going to be signing with the kay hill construction committee in three weeks and hope to reach the 50 percent goal we're at the 49.8 on this the consultant side we're at the 43 points 3 that's

probably going to change for block 6 and we're also doing block 7 with procurement and we're slightly higher on that side. on the construction side thirty percent of that 50 percent is local has been confirmed for local inte e's. >> i see that i'm noting it for the record who commissioners speak up sometimes general contractors listen for carefully that might be the case but i'd like to hear the reasons behind, if you will, so if you m w b e that can be identified after 17 millions because people are not

available there's a million things, you know, they don't have a band width that's not bad news but if folks are being and i don't have have any evidence i want to make sure we're doing everything we can. >> i think kay hill construction is one of the better xhounls and contractors in the city that represents the groups. it's part of a large venue the construction a over $100 million. we're doing or trying to create efficiency for cost reasons, of course, and some shared consultants and contractors we've tried to do the market rate side to make a huge effort to meet the intes so what the contractor has done they've bid

off some of the work to a joint venture so i feel like in this particular case we've been creative to meet the goals and trying to reach out to the minority women businesses but capacity is a bit of an issue and people have been busy the construction community is busy that is not say the most exciting job because it's so big. if there are a contractor that makes the effort kay hill is one of them george >> all right. thank you. one question. mr. religiously 0 i think we owned a paring or parking lot

where's that >> it's on spear street one of the freeway parcels just like spirit and folsom it was purchased that the affordable housing funds and we're trying to negotiate a deal it's called block one on the transbay maps. >> how many cars. >> i'm not sure but they fit a lot of cars it's a surface lot it's valet parking hundreds. >> i hope we're making money. >> we count on the money so long as we can get it. >> i'm pleased to know we own a parking lot in that area. >> all right. thank you everybody if there's no further

questions i'd like to entertain a motion. thank you very much is there a second >> second. >> commissioners commissioner ellington is absent. comparing. commissioner singh. commissioner rosales. sxhoejs. madam chair let's vote is 4 i's and one absent >> item 5 is the trip number two on the fiscal year 2014-2015 budget including administration and effort management you outside maintenance and project areas. the yerba buena center and south beach and western edition south of market and bayview triangle >> thank you, commissioners as i recall we had our first commission workshop in our housing going this is a second

meeting with the director will present and then he'll be followed by the development services manager to focus on the major approved project areas. >> thank you very much chairperson johnson and acting director and commissioners i'm pleased to be here. acting director this will be our second budget workshop to give you an overview of the staffing portion of budget and depth service and asset management that will be a high-level review we're happy to entertain questions about this section. a little bit of history. so during the last commission meeting we had the first

workshop and the housing program bucket today, we're talking about the development services and the staff and depth service budgets if all goes well, we'll be bringing the budget for your approval and that will be submittal to the mayor's office for the mayor and board of supervisors consideration we have our first meeting before the board of supervisors committee they allow for a second meeting and will normally you approve on interim obstruct i budget approved before june 30th and very soon therefore. i'll talk about the administration budget this is a table. that breaks it out. i want to go to highlights on this table i'll with happy to answer questions. overall we're looking at a 12.1

administration budget is covers our retiree health care and legal services and also some support services that are actually both alternated to the area the support from the planning department workforce development and accountabilities professional services. so look at first, the funding sources for the 12.14 million only 9 point plus is from our cost allowance and a million that we hope to get to property tax for our retiree health care at issue we'll be meeting with the state you've heard about but we hope to get a million from or we'll be taking sources from

other plans. we have the revenue parking revenue we've mentioned and that's by comparing and others revenue sources such as the - the preliminary item is 7.3 million for salaries and benefits this is budgeted from an increase in 2013-2014 filing vacated position we're trying to staff in full. it also allows for percent pension increases that went up to 18.19 percent in 2014-2015 and we're going to continue to monitor that we'll if you do our future rate in october for the

following year and working within that. as part that have that budget the salary and benefits we plan to go back to prefunding the future retiree health that's good practice to look at our cost every year of the basically, the benefit that employees earner for their retiree health care cost that was 3 hundred thousand we're paying this are into a trust that's earning interest and we're anticipating to continue to do that basically, the cost of every year's staff benefits ambassador others major items in the budget includes our mayor's office of housing and community services as to that $609,000 that's reduced call roll from last year we were foubt the

roles and responsibilities between the staff of the mayor's office of housing and ocii. so this is the result of discussions with the mayor's office of housing i think you've heard about that in other sessions how that workload is being planned. our accounting and legal services were done by 2 hundred and thirty thousand is due to the completion of the transition work we had a considerable amount of audits we're seeing the benefit of reaching resolution on most of that and paying off our past due obligations so we're getting counsel. we have you'll see 2 hundred and 85 for 2014-2015 this is the general legal services one hundred and 10 thousand for the

city attorney general support and another one hundred thousand that's related to the affordable housing program in general there were a few documents and support within that area and the further for non-city legal work with outside firms. that's not the full development of the agency there's another one million dollars around the major improvement areas but that's not considered part of the administration budget. there's also a larger item in p this year's improvement and development line that's up 3 hundred and 4 thousand from the prior year that's because we've got major agreements with office of economic workforce development to help us due to the pass of our new work to stay on top of the others areas.

the others curiosity expenses of 6 hundred and 11 thousand about 200 and 59 thousand is for insurance and premiums and allowance for did he dublts and another licensing fee and e-mails and record storage and 70 thousand for supplies and the oversight you he meeting and other expenses. this is 3 willed and $68,000 in savings that's due to the premium savings we were front yard that our liberated costs would go through the roof but we were able to get a reasonable premium on that and for the licensing. in terms of the positions we're

not proposing anything different we're continuing to propose that for the project and medic staff and in our entrepreneurs with south beach harbor. just an overview that's the property tax we've asked for the specific project organizations and it's capped at the 3 percent that's approved of our taxing property tax. we estimate it might have been 38.7 million we're doing our best to control the questions so as of now your estimate is 2.9 million. i wanted to mention it's kept down we taxable bond issues that are allowed to be used those are exempt bond we're using that for the overhead colts and the

transbay parking lot it has refused about 3 hundred and 50 thousands a year to reduce our property take into consideration draw we hope to have this as our last year. we'll draw down property tax and be able to manage it it - we can charge our direct administration costs we'll probably need to do more of that as those one time sources go away. just a little bit about the depth service we don't have choice this is our depth service it is actually going down by 3 million from one hundred and 14 and a half million most of it is property tax increments it's

broke down with the tax allocation bonds. it's special for south beach harbor property tax on the piers and the improvements there. we get southeast revenue that's the rest of the bonds that can't be zoned by the rents in the harbor. and then we manage a couple of bonds on behalf of the city we get hotel take and moscone convention revenues you see the drops because those are nearing their ends one particular bond that's dropping. it's going down in the moscone that's why our depth service is dropping there's a $2 million scheduled increased on the hotel tax and another tax that will be

coming up in the cop year that will getting give a little bit of a rise. the near term the cf d bonding we hope to refund our bonds that are able to be rebonded and if the interest rates stay low maybe over the next couch of months that will depend on the market rate and the only purpose to reduce the property costs to service that depth. so that's the administration and debt service i'd like to i'm going to turn it over to trashing our financial person >> again, i'm tracey reynolds

the manager of the group. as leo mentioned i'm talking about the asset management i'm not talking about hunters point shipyard first a little bit about in general the work program for the real estate group the real estate group is two development specialities and, you know, primer we focus on asset management which is more just managing our assets until we're going to dispose of them so the work that's upcoming is actually transfers and property transfers and depositions hopefully once our management plan is approved by the state and so we've been fiscal year, you know, in the upcoming year we are going to be

focusing on preparing to transfer some of the assets that we spoke about in our property management plan but the ones that are likely to transfer first is yerba buena garden and we will be transferring moscone north and hopefully shore park and also the fillmore garage and the parcel that's the ones that are on a short timeframe. we do a lot of development services i've listed here i'm not going into detail here but we do a lot of work embedded in the budget we manage the property contracts and doing a lot of project management and

habitually the deposition like title and escrow. some of the accomplishments of last year, we again, the goal is to transfer property we transferred we did that do that separate property plan for the museum sites we did the jessie transfer and they haven't transferred they had a long escrow period the title hadn't transferred but that was approved by the state. and then, you know, we've really completed significant groundwork with the city and yerba buena partners in transferring that asset and that's going along.