administrator also to make that ask >> next. >> hello supervisors this is a long average i'm james tracey i'm on the board of the san francisco land trust and a former resident of the tenderloin i know a lot of times those discussions at city hall are like an italian opera the stabilization and he other fund can change the tune imagine in residents didn't have to change their resources when new development comes in they could think and a about and look at the face of its merits imagine wee if we grooi grew this skill and parent sons were sitting

down and talking about things we know that that the stabilization funds work obviously in our district we discuss a sneak productive of the mission district with the land trust prevented 14 ellis act evictions and make unusual allies and solutions i ask you to think big and manage the time when supervisor wiener and supervisor campos are coming together around stabilizing innovation instead of the other partisanship divides. thank you peter cowen with the housing organization we here are here to support the proposal for the stabilization and

acquisition fund by the market street for masses and ask you to incorporate it we don't need to tell more about the rapid circulation of the market rates that's the idea of acquisition before the prize climb is frankly smart policy. we've all seen the perils of our service side as well as the tenants simply being market street tenants we'll have residential and business displacement how destabilizing that could be when the prices swing and how little recourse for the folks the end game is to take the sites off the specific active land market on the service and the commercial office side it necessary to make

whole community that's what is the acquisition side does to take advantage of the market opportunity and not miss them and subject the tenderloin and the central city to another round of displacement because of the vulnerability of the market. and frankly would give the tech community to make a lasting investment in the city >> thank you. is there any additional public comment seeing none. >> oh, wait. >> you can come on up. >> thank you, supervisor i'm dell seymour i run an orientation in the tenderloin called the tenderloin walking tours i take folks who are number two, new to the community so we can be all one community

that's where we get our community if we can be one community i tackle a lot of tech companies out a lot of the folks from supervisor kim's office out combrpt i've probably taken over 2 hundred employees of syndetection out interest as it's weird when i take the company they say they've been volunteering so they can take me on the tour. if you look at my paperwork i'm not not a nonprofit but if you look at my bank account i'm a nonprofit so as you sit here now detection has helped me to stay awe float so you may look at some things but small folks like me minority members of the

community that you don't know about their keating us awe loot i want to see the tech companies getting more involved in the investment like the youth will selling crack invest in those kids that sound like - but if you invest in those kids we can take the program hive you want need to send the police because you'll help the kids they're just miss directed into the tech community. thank you. >> is there any further public comment on item 3? seeing none, public comment is closed supervisor kim >> thank you. i do want to thank the land use committee for holding this hearing and just a comment off mr. semore so public comment some of the schools and

youth organizations have said dealers are ready to invest in our youth we should be too that's exactly what we see in our neighborhood and need to encounter but i want to thank everyone for staying during this length of time the cac they're all have busy busy jobs and how we collaborate with companies that participate in the tax inclusion and building stronger relationships but to insure our companies are a good neighbor and giving back and recognize the community members that participate in the marketplace for the masses even our office

said let's save the world no one knows how to fix homelessness and displace of employment and youth and activation so finally, i think for our office is to follow up on making sure we can put forward some of the recommendations to improve the transparent and, of course, the timeline they were really well written identity in the letter by the market for the masses and the timeline how to monitor the performance and the better coordination among city departments but acknowledging what's been positive it's incredibly important i want to i know the city mists office is not here but i want to acknowledge that there were a company in our second round of cb a was not successful and not included in the third round so the city administrators office

to a lastly they've thought they feel comfortable with has tried to do their own monitoring and to get companies to participate in the process. so with that, being said i'd like to continue this item to the call of the chair and make that motion and thank everyone for being this incredible tough, tough work >> a motion and a second to continue item to the to the call of the chair madam clerk item 4. >> item 4 is a resolution improving the economic development agreement to the treasure island authority. >> okay. and supervisor kim is the author. >> thank you. i see bob beck the authority of the treasure island authority again community members before us today is

actually the final approval the vaensz mom and dad of agreement with the navy to the treasure island development authority. this is a really key follow-up piece to the united states moefld with our development agreement as we agree how to convey properties and land on treasure island an agreement on how work on utilities and other infrastructure work happen i want to thank bob beck for coming on as director last july there's this was a lot of work with our public utilities commission as well as the navy and our developers in kind of moving this piece forward he wanted to bring him up for a brief overview of the item that's here before the land use

committee. thank you, mr. beck >> thank you supervisor kim and chair and members the economy it closes in 1997 and tide has been laelsz the residential properties under a caretaker with the navy a lot of work was done between 2003 and 2011 to prepare for the renovation. unfortunately, we are were not able to carry those but i'm happy to say the in each anticipates being able to transfer a portion of the basis to the city and the developer to

begin the infrastructure in 2015 that allows the development to begin so i'll provide a little bit of background on the economic development contains modem or the mou this is the legal document that the navy will be transferring the portion and establishes the conditions before the transfer can occur and the schedule by which they must transfer each of the schedule parcels. there was a draft of this document that was approved in naivete with the other entitlement documents for treasure island, however, that agreement was not finalize and over the last year as supervisor kim said we've spent a good a deafly time to finalize this

document. the agreement or the form of agreement that was approved by the board of supervisors in 2011 established the final terms for the traction with the mother and father that calls for a price purpose price of $55 million to be paid to the navy over a 10 year period for the land that purchase price is to be paid per the disposition development agreement with the treasure island agreement to be paid by the developer. the draft e d c included a profit participation incentive for the navy if the developer meets certain revenue goals. it does the draft in 2011 committed the navy to transferring roughly a thousand acres for the navy base to the

city and to schedule for that transfer. and requires them to meet all the number of closing conditions before the transfer occurs. those essential terms of the 2011 agreement are all included in the current agreement but have been expanded to address specific issues that have arisen during that time. the primary additional issues in the final form of the agreement include addressing the road metrological investigation on the island and establishing terms closing continues that the navy must meet relative to the sites undergoing the radiology inspectors and addressing the operation issues relating to the

electrical issues and the schedule and closing conditions for the transfer. the noticeable closing parts the northern half of the yerba buena island and roughly 2/3rd's of treasure island and offshore property surrounding treasure island as well the areas in white on this map are the areas that are transferred in later areas from the navy to the city they include ongoing chemical remediation sites and areas of radiologist investigation and staging for their investigation or remediation efforts. this shows a color codes that map to show the timing of the

parcels to be closed it is expected before the end of this year with the all of the areas depicted in purple for the closing in january of 2016. parcel 6 in light blue at the end of 2016 january of 2008 foresight 24 and the remaining orange obeying being transferred at the end of 20021 pr so the e d co m a completes the path to title in conjunction with the t da complete path to the vufbl ownership to the pathway of the island and in anticipation with

the approval of the e d co a the treasure island has been increasing their predevelopment engineering work and coordination with the city agencies with the applications. just as a bit of background that dime talks about the areas in green being the first major phase of development. the purple or violate is the second phase and the blue the third and the brown areas being the fourth major phase how in in conjunction with the map that was depicted that gray area will be transferred today and the purple will be ready for transfer by the end of 2016. that first major phase and first

sub face is you bounded in yellow are the first phase area that includes the yerba buena island as well as the western shoreline of treasure island. that will be the first focus of the infrastructure development and construction that will go beyond the eastern shore where the electric and gas will come into the island for new sewer makes sense for the utility public utilities commission. the overall schedule we anticipate taking that transfer of land fwrts end of this year and before the development in 2016. the t.i.d. anticipates marking

the first sale in 2018 and to captain the 15 year like between now and thirty. so additional information. as you may know the eir for the project was a challenged in san francisco superior court. there was a ruling up holding the environmental origin or orchestra think the project that rulings was appealed to the california court of appeals and a hearing on that may 22nd this year we expect to hear a ruling in 60 days but importing and exporting importing and exporting nothing in the court of appeals process that would prevent the limit the project from moving forward awhile waiting for the appeal to be ruled on we're working with stay

agencies to work on the sub phase plagues and working with the navy to prepare for the initial contains and preparing to work with the tide lands to work with the trust exchange on the island with the commission. in summary this mc o a is necessary for allowing the transfer of treasure island to move forward. it's secures the commitment from the navy to transfer the property and it's approval and execution will set the schedule for the properties to transfer if you have any questions, i'll be happy to answer them >> thank you, mr. beck for being here this was a pretty good summary i understand the importance of moving forward as i move forward with the

demonstration i know that residents are very much in anticipation of. i know my main questions around the specification as conveyed around the utilities and the infrastructure that's impacting the day to day lives the electricity outages and the invisual infrastructure we're aware of not impacted yet but the wastewater providing the consistent services around utilities that would be great >> yeah. i mentioned the utility corridors b that are be developed in the sub phase of development activity also as part of the first sub phase t.i.d. will be replacing the

reservoirs on yerba buena island to the water supply it comes from house/senate it's puc waters. from a pimp station from main and bryan street and has historic reservoirs on the eyed so it will include the replacement as the development occurs all no infrastructure wastewater and gas and collection and distribution centers will be developed on yerba buena island and part of the first sub phase t.i.d. will be improving the western shoreline where the gas line

comes into the shore and vech this will serve as the backbone for the utility direction system on the island that includes the new sewer force main for the sewage system. we are working with the puc on plans to develop a new wastewater to replace the facilities the sub phase will be to improve geotechnically the site on which the new wait water treatment plant all this activity begins the process of lifting all the route infrastructure up both on quality and reliability >> thank you director. i think i'll make had 3 comments

clearly obviously our ability to deliver the services to our resident this that he live on the island the development will not happen for a couple of years that's what we hear from our residents we want to make sure that as they continue to live on the i'd like we'll deliver basic utility needs. i think it's been frustrating for our office we don't own the land to improve that infrastructure and it will get phased out by the developer we're excited about but not going to happen for a number of years. the second is not at all the tied into this we hear a lot of from our resident their ability to community but we have cell phones whatever we can do the

treasure island authority to get antennas on this island i can't call anyone because know some the isolation our residents feel and the out alps it's important we improve that picture on the island and the last piece in the ct mo a by the tide a roll for the economic impact for the navy they're to might in the areas identified but to continue to rereiterate tide district attorney we're the best advocates every step of the way and insuring that the navy is doing the clean up in conveying the land because to us in a safe

way this was a really, really heavy john thank you for your leadership >> thank you. thank you. >> thank you very much. >> so at this time i'm ready to open up for public comment. >> any public comment on that item on item 4 if so, please come forward. >> okay. let me call the cards i have peter windell at the scene and karen (calling names) you could line up on this side of the room. (calling names) >> thank you. i not to

recognize our chair of the transportation authority chair richard thank you for being here. >> thank you supervisor kim and supervisor cowen and supervisor wiener and especially supervisor kim for coming to the island taking care of the affairs i live on boyish i see supervisor kim engaging there and i go to tdr you're there to our great elapsed of our city and thank you, supervisor wiener i echo our sentiments to bob injecting he was to connect and help us get the milestone as you know for decades people have been involved in the planning of treasure island and here in may the treasure island authority

we've passed it quickly the economic convince for the mohammed memoranda is t- framew document spells out suck singling the rolls and obligations of the regulators the region of water board and the california toxic sun's control their obligations is solelyattorney.

>> >> next speaker good afternoon, supervisors i'm sherry from the treasure island known as tide die treasure island was put on the exposure closer list in 199 that and treasure island committee was developed in 1993 and here we are in 2014 with a crucial document that will make all the hundreds of hours of plan come to fruition we hope your thifls

support this document so many people have worked hard to envision and plan that will create thousands of units of affordable housing create thousands of job opportunity for low income san franciscans and that will be a new san francisco neighborhood that includes all people of associate background we hope you'll approving approve that. >> i'm with a tool works a special janitor services company. we really urge our approval of the plan. thank you >> thank you, mr. lazarus.

>> jim lazarus san francisco chamber of commerce and for peter wiggle at the scene. spur and the chamber support this approval of the memoranda of agreement we've supported the transfer from the navy to the city it's hard to believe that frank jordan was mayor which that was first in conversation with the navy and 20 years later we're on the verge of a financial memoranda of agreement it's good for the city the cost is born by the developer and the city cleans up the island and schedule the utensil systems they've been updated and the first initial transfer property scheduled at the end of this year. we urge the board of supervisors to finalize this mo