myself relevance they have good intentions from you i won't - i would like to suggest that all san francisco hospital have access to the tree claefk ecclesiastic arts show case 32 and the music for victims to teach the two different side of the burn to communicate once again, thank you and my caregiver hopes you'll soon release the help necessary of this traffic engineers for the city during the rush-hour

traffic thank you. >> thank you. next speaker. >> there's one mike are two. >> two either microphone will work ma'am, didn't go board of supervisors very happy to watch democracy in action however long it takes i'm resident number one of the 3 hundred block of turkey street i'm resident number 2 are

here to report egregious horrifying harassment and intimation 0 through there through mile-an-hour yadz and mile-an-hour yoodz of what you this is the first step for doing this nor many, many blind people that are terrified to report for fear of retaliation the most egregious has been drilling holes in the seeping and pumping gases into our sro's this is how i have to live in my apartment day and night 7 days a week and any companion animal i can't put this on her, please do

something we're step forward our actions please do something i know you can and thank you supervisor campos for your quotations in the recently edition of the san francisco examiner you are a friend indeed thank you thank you >> next speaker >> i'm resident number 2. >> come close to the mike please. all right. speak right into it. >> there you go i'm resident number 2. >> and louder. >> we have a serious problem i'm not in the stage e same building but virtually impaired person and would go in san francisco over 20 years and unfortunately, the conditions have gone from bad to worse recently within the last 6

months or so but it's been happening for a couple of years in my building as well as hers we've having similar protons why that is opens up to a lot of questions and investigation i pray that you'll take us seriously and help us investigate that if all possible i intend to go to other authenticities i hope that the new yorkus gases and fumes that have been bothering her and me in different buildings and different times like e they are and what is people doing with e they are and i mean all kinds of au naturel gas. >> one speaker at a time

please. those are things we've been enduring a problem and other residents in the building we don't know thank you for your time. >> thank you is there any public comment? that wish to speak in general public comment overhead projector please sfgovtv. >> yes. it is thank you. >> tom two townsend personality how many ellis act evictions started with a sale what we have here i'm introducing the sharing

formula and the formula 45 years for every 5 yrlg years living inform europe you could 3 percent of sale price you've gts got 4 unit they get $30,000 a so you would a lot of money 6 years 60 thousand and 15 resident gets e gets $2,013,000 a 20 years gets more it is a total of 3 hundred and thirty/$44,000 the owner gets $670,000 increase a stay sale the city is doing is putting the taxes away but instead of one person getting the entire pie we get 5 people to get a share of the pie now i said how the owner could

be a little bit upset so let's change the price and make it one hundred and 20 thousand are we on guarantee again, we're blacked out oh. >> sfgovtv. >> sorry about that we raised it to one hundred and 20 thousand what happened is everybody gets a little bit nor 72 thousand 8 thousand with that amount of money you can stay in the city again, they share three or four people share 3 hundred and 96 thousand and the owner get 6 how do tell you telling you thousands plus the speculators are buying the building - >> thank you very much

yes you are and time going or goes by to quickly. >> thank you very much are there any members of the public who wish to speak. >> hello, i'm lair edmond my name is juicy i wanted to thank the people fighting in front of city hall fooifkt for housing i think it was ground water great that people need god housing in the city and today we've seen the fighting for people to use the housing to rent out they don't want to come to our great hotels in the city we live at the sro he hotels i could be resident number 3 a lot of things going between eddy and turk street and you get a lot of the chemicals and stiff is

flying in also, we have a clean on market street things going on inside we're going to s have a lot of department of transportation on weeks and week people are coming down saying people are attacked and staying in the sro's nothing is being done i had a thing that martin luther king said a thick black tried to hit me in my face the day b that ms. williams one the opening i'm trying to found out the gentleman with domestic violence we see the women are buzzed lgbt people a lot like a man that got killed near that the sofa way a lot of the men

and women that are attacking us be lgbt people you don't hit women back but make sure that san francisco as we have 27 states with medical marijuana we want to make sure that san francisco is taking care of all thank you. next speaker. >> good afternoon actually good evening supervisors it's been a long meeting but an educational and productivity i'm jackie brison once again to speak on the need to update administrative native code section 12 l dealing with public information and access to nonprofit board of directors meetings i am very happy to report i did

although i didn't get in until the end of september a quarterly report january to march of 2014 and that, yes it did pay to file a complaint with the whistle blowers program i have a summary of sustained complaint and so improper activities by city contractors is the category and the complaint nonprofit organization failed to comply with the san francisco administrative native code to novice the thirty days and the resolution is that the department conducted an investigation and sustained the allegation i want to encourage someone to step forward to the 5

recommendations i've made i'm going to put it in writing in a corresponds so you'll have the number of copies through the city clerk's office because this is it really important there's a lot of public money but if not free money we're giving away there are terms and conditions known as contracts when their breached they need to be punishment for it and otherwise what's the accident point of having this administrative native code without enforcement. >> thank you. is there any additional public comment in general public comment excuse me. ma'am, you've spoken; is that correct. >> thank you very much thank you very much ma'am, we have - ma'am, we have rules for a reason thank you very much thank you very much

madam clerk call items 20 and 81 the board of directors kneecap on october 7th for the purpose of receiving advise from the city attorney recommending to item 21 for the potential after a joint authority to assist homeowners with troubltd mortgage and supervisor avalos. >> thank you, president chiu i want to thank supervisor farrell for calling for a closed sessions i think we're still getting the material and going through the material that will be discussed we need more time before we actually go into it i so want to motion this item to be heard the next board meeting that will allow 80 us to leave early and perhaps go to a bar

downtown wet our whistles and watch the ball game. >> thank you good giants a continuance october 21st to be continued any public comment on this item whether we should here it today okay seeing none, public comment is closed and with that, on the motion to continuance clearing we'll take that without objection. that's the case and madam clerk the adaptation calendar. >> item 22 and 23 were referred for adaptation with that reference to committee. >> colleagues, can we take those items same house, same call? the last why not take a roll call vote. >> on items towing and supervisor campos supervisor chiu supervisor cowen supervisor farrell

supervisor kim supervisor mar supervisor tang supervisor yee supervisor yee supervisor avalos supervisor breed there are 11 i's those resolutions are adopted thank you nona melkonian and jennifer lowe for bringing this meeting to the homes of san franciscans madam clerk read the end mom rums and is there any more business that concludes our business for this evening. >> ladies and gentlemen, we're adjourned >> 9:06 and the special meeting for the community investment

and infrastructure and the agency commission, of the san francisco redevelopment agency, for friday, october ten, 2014. welcome. madam secretary, call the roll. >> commissioner mondejar. >> absent. >> singh. >> here. >> and all other members of the commission are present announcements, the next regularly commission meeting will be held on tuesday, october 21 at 1:00 p.m. at city

hall, 416.tue (11/18) fidelity investments 8:30:00 am 10:30:00 am 2.00 tue (11/18) fidelity investments 8:30:00 am 10:30:00 am 2.00 >> the next business is item four, matters of unfinished business on the september 12, 2014, item four a, approving a variation to the transbay, redevelopment plan, on site affordable housing requirement, as it applies to the mixed use, project at 181 freemont street, subject to approval by the board of supervisors of the city and county of san francisco in its capacity as legislative body for the successor agencies for the san francisco redevelopment agency in authorizing the acceptance

of a future payment of $13.85 million, for the use in the area, and resolution, number 80-2014. madam director. >> thank you, madam secretary, good morning, welcome back, commissioner and good morning, members of the public and thank you for joining us, commissioner thises item was continued from your last meeting it is a variation on the redevelopment plans, however, the staff and the significant, for the on sight, bmr, condo owners that would have been at 181 freemont at this particular project under the planning department jurisdiction and also allows us to produce, more affordable housing in the transbay area and so with that, i would like to ask, chris tien, who is a

senior real estate development, who will present the spefbs of this item. >> good afternoon, commissioners and thank you, director. mentioned that the item before you for consideration, is granting variation from transbay, on site affordable obligation, and acceptance of a $13.85 housing fee the item was continued from the meeting on september 12th in order to allow the staff to respond to questions raised by the commission at that meeting. the office, and just a quick summary of the project, as you can see here on the map, the project is located on freemont street just south of the transit center.

it is in zone two of the project areas and under the jurisdiction of the planning department, the planning department approved the project in the summer of 2012 and it is currently under construction, the project is 52 storiries, with 400,000 of offices and 74 for sale residential units on the highest 15 floors of the tower, 11 of the 84 residential units must be available to moderate households earning 100 percent of median income. the project developer estimates that the fees for these units will exceed $2,000 per month.

both the planning code and the redevelopment plan, require that all housing developments in the project area contain a minimum of 15 percent, on site affordable housing,, the requirement was put in place to comply with bill 812, 35 percent of all units in the project area be affordable to low and moderate income households the developer of the project, has requested a variation from the on site requirement that will allow for the conversion of the 11 on site affordable unit to market rate units, instead the developer will make a contribution of $13.8 for development of affordable housing in the project area. it provides the procedure to meet, in order to grant a variation from the housing requirement, specifically the commission needs to make findings, that there are unique

physical constraints or other extraordinary circumstances applicable to the property. and that that enforcement will result in practical difficultis for development creating undue hardship for the property owner and constitute unreasonable for the plan. and if i could pause for a moment and i think that there are two versions of the powerpoint presentation on the lap top and maybe that is what is causing the confusion. that was the problem and now we

are back in business. what is going on? and so, as i just mentioned, the commission needs to make the finding that there are extraordinary circumstances applicable to the project, which is definitely the case here. the highlights of developments approved or proposed in the project area, it is the only mixed use development with commercial, office and residential uses, and it has the smallest number of residential units of any of these projects. and in addition p as i mentioned the residential units are located on the upper 15 floors of the tower. as i mentioned the commission also has to make findings that the on site requirement creates practical difficulties for the project, as well as undue hardship for the future owners of the inclusionary bmr units. and in this case, the small number of units at the top of a luxury tower with very high hoa fees creates practical

difficulties and undue hardships, the hoa cannot be adjusted based on the status of the unit or the income level of the owner, they are required to pay the same amounts as other owners. second, while the city and oci, have programs that affordable of the units there are is no program that will hip with the increase of the hoa fees over time. the members may approve increases in the fees without the support of bmr owners because they particularly in the development like this with inclusionary units typically constitute a small minority of the membership and finally a hov fees do increase, bmr owners may have difficult making the higher monthly payments for these hoa fees, and the result is that housing costs may become unaffordable

and some bmr owners will face the hardship of having to sell it at reduced prices. at the hearing on september 12th, the commission expressed concerns about not giving bmr home buyers the opportunity to purchase the units in this project, despite the high hoa fees, to that end, the staff worked with the mayor's office with housing and community development to obtain additional information about the impacts of these higher hoa fees on the bmr buyers and units themselves and because the project is located in zone two of the project area, it is actually the public agency responsible for applying the city's inclusionary affordable housing program to the project and the long term enforcement of the affordability of the units in this project, and with the commission's permission, i would like to ask, maria benjamin who is the director of the home ownership to come up

and just walk you through some of these impacts and explain, why it is in support of this variation request and then i will come back up and finish off the presentation. >> good morning, commissioners. when i heard 2000 dollar hoa fees, the hairs on my neck, i just... there are many reasons that we can see that it would behoof the population that we are trying to serve with these opportunities to (inaudible), $2,000 in hoa dues at the start, that is just the start. so hoa fees go up every year. and it will create an artificially low mortgage

payment for these folks which will first of all lower their tax deductions so one of the benefits of home ownership is that we get to deduct our mortgage interest that we are paying and so say that i bought the place for $100,000 because it is priced with the hoa dues and taken into consideration that hoa dues, and my mortgage is only going to be $15,000. so, i am only getting the mortgage interest on a small tiny little mortgage and that tiny mortgage, also lends to all kinds of, you know, what we saw what happened when people had lots of equity in their homes, this is the public record, that i only have a $15,000 mortgage on a unit that at first glance looks like it is worth a million dollars. and so, i am going to get targeted for those second mortgages, those equity lines

of credit. those things that are very tantalizing who is struggling to pay a $2,000 hoa fee. and i think even more significantly, the way that because these units are going to come in as mohcd units and inclusionary program the way that we priced, at first we priced the units, the initial sales price takes into consideration the hoa dues. but, at resale, we do not take into consideration in the sales price, the hoa dues, and so the sales price is based on ami. and so, the next person coming on board, has to be able to afford that ami sales price, plus, afford the hoa dues. and so, you know, that is a huge gap. when it is $2,000 a month, taking up like 85 percent of

their affordable payment. and so that means that they would need in order to afford to buy those units they would need that much down payment assistance to be able to even afford the unit at the resale price. and so,, it is sort of a big bang for your buck, i think would be much more useful to have those extra 44 units because of those large, and another impact is that where we will require the folks to put 5 percent down and so when they are putting 5 percent down of the total sales price. and 5 percent down of $100,000, and then they are only going to get back, and they might not recoup that even the initial investment and no less, the other benefits of home

ownership. and so i encourage you to take the money and run. thank you, any questions? >> i am sorry. >> i could not hear you. >> well, it is all right. >> thank you. >> all right. so next, the affordable housing payments. and the previously mentioned, it will make a payment of $13.85 million for the development of affordable housing in the project area as a down of approval of this variation. and the payment has been met in the additional revenue that will accrue to the developer if the 11 on site units were converted. and this amount is based on the analysis by the group that took into consideration, the exact location of the 11 on site affordable units within the project in order