properties. we have a map with a decision area in the children's playground. the light blue satisfactory covered by existing playgrounds. the yellow dotted line will fill the distribution gap for the children's play area. this snapshot shows the analysis of the recreation open space element of the general plan. the high needs plan. it shows the service area of a quality mile. san francisco reservoir and quarter mile buffer. it shows the mid-range of need and in close proximity and could potentially serve areas that the designated as greater higher needs. the goal of this potential park project is to serve the broader community to access these incredible views in a larger space. as the supervisor mentioned the san francisco reservoir working group has been working

closely with us on pledging funds for development and maintenance. they have raised over $9 million and pledge to raise $11 million . 5 will be ooud -- used for development and maintenance of the park. our next acquisition policy is to look at the variety of the recreational and open space uses. this area is large and with our existing land it will be over four 4 acres of open space. we can do a number of things on this land. from eating, to active areas, possibly a dog play area and walking and bicycling and sports. for details of the acquisition. the purchase price is $9.9 million. we are looking to pay that over 12 arrears from -- years from

the puc. the money that our pd has in this acquisition fund. we'll be receiving the same amount of interest as we are paying out to the puc. the jurisdictional transfer is governed by an mou. this analysis shows you our estimated deposits over the next 17 years and our projected fund balance as well as our projected payments for francisco reservoir. the estimated payment for 900 eunice and our estimates for sleg lots that will come to us in about five 5 years depending how we move forward with that acquisition. it shows the remaining funds. so you can see we've back loaded the payments so we'll be paying more to the puc after year six or self to provide

more space to these acquisitions as well as unidentified acquisition in district 6 neighborhoods hopefully others as they become available. in conclusion, we have received and agree with the recommendations from the budget and legislative analyst office. and recommend that the board approves the resolution to move forward with this acquisition. we are available for questions. thank you. >> thanks. colleagues, any questions for parks and recreation staff? >> just a quick one to ms. bradley. i just had a request about how the open space funds are how you choose sites. i know the neighbors and supervisor farrell had a great process but i understand a high needs area that is deficient with open space and when we have talked about this in the past, i have that had impression that we are looking for equity in open space and low income areas that tend to

have the least access like eunice and the bay trail that we were just talking about were prioritized. i'm wondering how this fits into high needs if you can explain as to why those sites if it were in the city or in chinatown where there is clearly a lack of open space and definitely a high population that's always there. >> right. so yes, we are hoping this park would be a citywide resource and go a little bit yovenltd -- beyond. it's initial service area to serve the needs of the whole city. we look at acquisitions that come before us as well as drive the process to find different acquisitions and other neighborhoods. some are more available than others at

different times. so we have to play a balancing act really a game of figuring out when we are able to purchase and purchase the right things that are going to be lasting resources for the city. we have, we do try to look at the city as a whole and assess what's available and where we can purchase property. our department has been working very strongly, very closely with supervisor kim and john up tike to look at those responses there throughout the city. we have looked and see where things are available and make the best decision. >> i believe the francisco parks around -- and coalition and when you have neighbors

pushing for different projects like this, it belongs to the neighborhood but you are saying it belongs to the whole city as well. >> that's right. >> stacy did a great job of answering that question. i would just only add that you are typically in recent times our acquisition strategy has been very community based where communities have articulated a need and opportunity and the opportunity has met the moment. district of is an exception where the need that has been articulated is for open space period. there has not been a particular parcel or opportunity that has emerged and we have been working to identify opportunities. typically given the three criterias, it's really a balancing act. there has to be a need and the playground deficiency in the russian hill neighborhood for us to immediate that criteria but we also have an at some point to match the public

investment with a significant community investment in both the development and maintenance of the park. again, creating a pretty exciting opportunity to conserve a very unique parcel. >> from what supervisor farrell mentioned it's a fairly incredible generously to contribute to. >> supervisor avalos? >>supervisor john avalos: thank you. i need to ask a few questions. i look at the plans for the park. it's gorgeous. i don't see that all the neighborhoods have the ability to raise funds like this and to its credit, supervisor chair farrell has actually built support for this reservoir and other -- sites over the city. i know he's talked to district 11 for ways

that neighborhoods like his could be supportive of the funding efforts that we are trying to do around the geo carbon or other places. while i really appreciate this, the reality is we are still trying to raise money for neighborhoods that doesn't have a lot of deep pockets. i think the open space fund can provide leverage for us to expand citywide, our open space and our parks. i think this is a better broach -- approach because there has been a citywide approach from chair farrell to other neighborhoods and we are still falling a little bit behind. i'm going to be probably supporting this item. i think it makes a lot of sense. i wish there was also an effort around looking at a combination of open space and housing. we have huge housing needs in san francisco as well. i hear there is opposition to housing. it's san francisco, there is san

francisco there is opposition to housing any where you want to put it up. i know it's not happening. i think it's important to express that. we don't all have the ability to raise these fund to have the neighborhood we want to have but there has been an effort through the work of chair farrell to make sure that other neighborhoods can be considered in how we are providing resources in the public and private sector. i just wanted to add my voice to mr. ginsberg. >> just to comment briefly, supervisor, i think we agree with you. i think the issue regarding housing and open space where the parks department where our goal is try to support increased density and to make sure we have the open space to accommodate and ensure the quality of life as more homes are being built in this city. but to your point, if we look

at the patterns and acquisitions we have been leveraging outside dollars with our acquisition event and we have date of -- done it in a number of ways. there was some private fundraising and a proposition in 84. the 900 eunice we have received a grant and that park will be developed with a combination of public funding and maybe hopefully some community. >> i understand and i think those are really significant efforts, but i feel like we fine tune what high needs are in order to match the neighborhoods that have the significant amount of ability to raise funds greater than other neighborhoods where there are other high needs area that aren't being done. that's the reality of how it works. i do feel that neighborhoods deserve to have amenities like open space. i'm approve this from my vote and

i expect i will, but i think we still have as a city to figure out how we can actually use the neighborhoods that have greater resources to share those resources citywide through the private sector resources. that doesn't always allow us to build places of equity where there are not a lot of wealth in the areas and we can get into place like district 11. >> i don't think i was disagreeing with you, but what i was suggesting was the opportunity to leverage private dollars allow us to focus public dollars in higher needs areas where those applications or grants would be more appealing. so i think through the generosity and philanthropy of the community

on the san francisco reservoir parcel, we are pursuing our public investment and state grant investment and some of our higher needs community where that capacity doesn't exist and that is a balance. >> thanks again. one thing i would add and i want to thank supervisors avalos for this process that we have done our best to leverage outside funding is the really desire for people to do it not just at this park, but at other places throughout this city. i think present my perspective and i appreciate the comments and where that's going potentially, i think as people get more engaged in the city, opportunities come like this for fruition and develop and it bodes well for them for people to continue to get involved in our city throughout san francisco. this is a part in our area of town and there are going to be other opportunities that are going to be tremendous. we

are now bringing people into the fold as being part and contributing to the parks and recreation system and it's going to be an exciting opportunity. so colleagues, if no other questions, at this point in time. mr. rhodes, can we go through your budget analyst report, please. >> yes, mr. chairman and members of the committee, chair farrell as you stated and as we report and as the department stated as we report on page 20 of our report, the parks and recreation and park department will make payments to the puc from the open space acquisition fund totaling $10, 669,000. you can see how it's referred on page 20 of our report. attachment one on page 20 of our report shows an estimated end of year open

space fund balance ranging from $11.1 million in 2014-2015 to $39.2 million in fiscal year 2030. 31. our recommendation on page 23 of our report, we recommend you amend the proposed resolution to request the parks and recreation to report to the board of supervisors prior to december 31, 2014 , on the department's strategy to acquire open space properties that meet the open space acquisition policy priorities and an evaluate of district 6 open space of community process an how it could be extended to other neighborhoods in the city. we consider this approval as amended for an apologize matter -- policy matter for the board of supervisors. >> colleagues, any questions.

otherwise i have 12 public comments cards. whoever i read, if you can lineup along the side. everybody will have two minutes.2 minutes. >> thank you for having me up here. the members of this committee. i'm guessing there is not of opposition to this as i have been watching the neighbors weigh in in favor of it. it's been a wonderful thing to see, everything from russian hill. the 42 members that you mentioned. i want to say that the website has generated an awful a lot of support and excitement about this project as well. add to

that 42, a number of people who are really excited about. the reason i'm here to speak in favor. you know i generally like to speak and see anything that is going to help us raise children in san francisco. i want to thank you for this vision in pursuing this project for as long as you have and to emphasize the scope of this project really enables to meet three really important just like a trifecta of objectives in san francisco. i see it's a real true opportunity to build a greater community for the people that are right there, now -- not just on bay street. but it's also a really true destination for all of city of san francisco. i live on the other side of the hill. it's a specific location that allows a person to think of it like a stern grove or goaden

gate park to go to visit. also. as you noticed where it is as the cable cars go by and girardelli square is there it's a real place for a real tourist destination. have you for having the presence of mind and doing this exactly at the time. thank you for all of

there is definitely not enough open space. the proposed property is accessible by a number of muni lines and especially by the hyde street cable car lines. the project has brought citywide support and i hope that all of you will support it as well. thank you so much. >> this you very much. next speaker, please. >> good morning supervisors. my name is tyler, an intern. i'm in favor of this vision. this is a great opportunity for all san francisco. thank you. >> thank you. next speaker. i'm going to call a few more

people. >> hello, i'm didi. i live downhill from the reservoir near galileo. i'm a retired schoolteacher. i have 10 grand children. so i think i know something about the parks and kids and the benefit this would have for all. the area is bounded by van ness. chinatown is one of the most densely populated areas in the country and it is as we've talked about, it's severely under parked. although technically the political district 2, the majority of residents would most likely use the park live in district 3. it's expected that the park would primarily serve seniors, schools and the east

side of van ness. that's where the green open space opportunity is sparse and there isn't an unmet need for recreational opportunities for children. i hope that all of you support this project. it's been a wonderful project to work on. thank you. >> next speaker, please. >> good morning. my name is george. i live on chestnut street. i'm there is president of the russian hill improvement association. i'm speaking in support of this project. we who live up there see everyday hundreds of people coming from all parts of the city toen jo i the views and take pictures and go down to fisherman wharf. right now they have to take

pictures where they are in danger where people are driving by. now they can relax and take pictures and walk whenever they want from there. this is an ideal place to do it. it serves a lot of public transportation systems. the cable cars bring next to it from tenderloin, chinatown quite easily as well as people from russian hill. there are bus lines going on bay street and union street and van ness. people from all over the city can come down there and have a good time and they are welcomed and we would love to see them there. like supervisor said, there are people that are old and young and new people coming to the area. right now it's difficult to get them to walk down to another park. the hills are very steep. so a park in that

area would be ideal for them and they would certainly appreciate it. the regarding the comment that supervisor avalos made about parks in other areas, a lot of us as individuals we would be happy to support parks in other areas of the city. this is one city and we love it. we'll do whatever we can to support efforts in other areas to create parks for the benefit of everybody in the city. thank you very much.a >> good morning, my name is andre a kin. management of the boys club. i'm a parent. to have a nice, safe outdoor experience is anything a parent can ask for to spend time with their children. tools have the anlt and -- ability and to have a place

where no matter where from and what part of the city that you liven there is a place that you can come and spend outdoor time that you can have some other experiences that this place is going to provide. i would say is priceless. so i appreciate the fact that you undertook this taking and that you are bringing this for the entire city. thank you. >> next speaker, please. >> good morning, supervisors. my name is -- i live in knowey valley across town from this wonderful potential park. i know how important it is to have open space. the city has been very accommodating and done wonderful things for the knowey valley recreational center and also open space on 24th street. i also live close to dolores park and see how important it is for families and children to have a place where they can hang out and

just relax. i envision the same thing for the hills park on russian hill and i would like to see the same thing happen there. san francisco is a world class city. but open space is less than 17 percent if we prepare ourselves with some of the great cities in europe such as london. those cities are more than a thousand years old. we are only about 200. if we don't preserve what we have the opportunity to preserve now, we are certainly not going to have chances to do it in the future. >> thank you very much. next speaker, please. >> good morning supervisors. my name is tina moylan. i remember three