of the financing authority. >> thank you, once again my name is john diego, senior analyst. basically resolution no. 2, 2014, approved the execution of the redemption agreement which allowed the bonds that are being refunded allows the refunding to complete. those are three party agreements among the ocii, the financing authority which are the issuer of the bonds that we are refunding and the escrow trustees. so this is really without this, the deal could not complete. the resolution authorizes other critical actions that maybe necessary to the completion of the transaction. in fact,

that concludes my presentation. >> thank you. madam secretary, do we have any speaker cards on this item. >> one speaker card. dr. spin ola jackson. >> thank you very much. dr. jackson. i'm glad i came here today to hear the report. now i want to see whether or not you commissioners will make sure that my church and the church name is grace tabernacle community church. the address is 1121 oak dale street, san francisco, 94124. redevelopment bill the hill going straight up oak dale put my church in a hole.

it rains. water comes straight down into church. it's been coming and coming for years. this is not my first time coming. i have been here before some of you got here talking about my church. in any other area this body would not have allowed this to occur. this has been since 1970, since the 70s. when are you all going to do something about raising my church, put it on the level where it was supposed to be gone. my pastor came here and francisco decosta came to testify. at least we were able to get you the redevelopment committee to set aside must -- monies so when

people would get off the bus to the church that they wouldn't be tumbling down the hill. there is no sidewalk, nothing. this is a disgrace how this department have allowed my community to suffer and still suffer. i just want to make sure that the agreement that was made back in the 70s be taken care of now. we are in 2014, almost 2015 and you have done nothing for my church. that was my church. if it was somebody's church, i wouldn't be here. but that's where i have to go. that's where i have to sit and smell. you all do something here today about this church. you know it was other people from the community ask you to do the same thing. thank you.

>> let me make this situation very clear. so, you represent the former san francisco redevelopment agency and your director here, she knows very well what dr. jackson said. $187,000 were given so that we could fix what needed to be fixed. i was a project manager. because at one time i ran the presidio of san francisco and i did it for free for the church. now, you have an obligation to fix that church especially the foundation of the church. it needs a

french trench so the basement does not get flooded. this is what i'm saying and members like you are appointed by the mayor and they have no history and what happens, this becomes a comedy. by you all taking over, you need the foundation of our fathers. you do that in one way. so your director needs to sit down with you all and give you all an orientation. you all need to call bishop ernest jackson to see whether he has a valid case. you need to call the director of dpw muhammad because i sent him over

1,000 photographs. so he can testify. you need to call blackwell to see whether decosta is saying is true. what i'm saying is the office of the successor agency is like a joke rubber stamping. you all have obligations, but how can you all fulfill your obligations if your heart is not in the right place. your heart is in the right place when it comes to transactions, behind closed doors. your heart is not in the right place when promises were made that monies were expended so you know there is a link. now you want to drop this church there in that hole. so i'm asking the director, the mayor,

muhammad, to come out wherever you are and speak to the truth. this city is going to the dogs because people are not speaking the truth. thank you very much. >> thank you. do we have any other speaker cards? >> i have no further request to speak. >> public comment is closed. commissioners, any questions on item 4a of the regular agenda of the redevelopment financing authority? >> madam chair, eye -- i have a question. the issue of the church when i was on redevelopment, the question came up, how does that affect the decision before us now, is that a separate discussion that we then look at having? >> it doesn't affect the refunding action today. certainly commissioner you can bring it up under questions

and matters and we can genre -- again, rereview the matter. >> i remember when dr. jackson came before us with the pastor with issues. i would love if we can move this item the way it is but then have another conversation with dr. jackson and her pastor. if we made a commitment we should fulfill our commitment and do it. i know it's an issue that the church has been dealing with for a long long time. so if there was money set aside, then maybe we should figure out, have a separate discussion about that. i would ask that, but i would like to move this item since it's a separate item from the church. let's move this item and if we can have a separate discussion from that. >> when the ccii reconvenes we can get

back to that topic and that question. there has been a motion by commissioner bustos on item 4a and a second by commissioner mondejar. city clerk: commissioner mondejar, singh absence, commissioner bust os, commissioner rosales. next agenda item. no speaker cards.

>> the next order of business is item 6. public comment on non-agenda items. >> we have confirmed there are no speaker cards for financing authority. >> the next order of business is item 7, the financing authority adjournment. >> hearing no objection, the redevelopment financing authority is adjourned. thank you for your service. we are now going to change lawyers or call back mr. brian. i was

just given the courtesy of mr. singh to return. i think he is going to return. we'll wait a few minutes. we are now reconvening. at

the commission. >> the next order of business item 5b authorizing an agreement not to exceed $2 million with the affordable housing units at mission bay south block east to the environmental and quality act mission bay south redevelopment area resolution no. 902014. >> thank you. commissioners we are very pleased to bring before you the next affordable housing project in mission bay the items includes not only the selection of the proposed

developer of 1300 fourth street. this is their first second project with us now tndc they have a project in mission bay but they have come forward with a very experienced development team as a companions item to the exclusive negotiations agreement and you also consider the allocation of the predevelopment dollars to allow the development team moving forward the design process and financing process to bring back before you shortly. time does go by fast, the schematic design in the agreement. with that, our specialist in the housing division and she will be

joined by others on the team. >> good afternoon, i'm pam simms, a development specialist at ocii. i'm representing item 5d, a request to enter into exclusive negotiations with the agreement and a predevelopment loan agreement for $2.5 million both with 1300, 4th street. both of these items are associated with the development of the 1300, fourth street. on september 17, 1998, the sfra commission approved the north development plans or

opa aechltz . requires that 1400 housing developments are done. the balance of 1445 units are being developed by non-housing developers. also the mission bay policy established the affordability levels and they can go up to 60 percent of area median income or $250 for a family of four. to address this affordable housing requirement, earlier in may, the staff released a request for proposal for the mission bay south block 60. a significant outreach effort was made to community groups, developers and other community stakeholders. the rfp requested submit tals from a

team from a service provider, architect and property manager. they helped prepare the rfp to fund contracts associated with the formally homeless families. the development program outlined in the rfp included rental housing and affordable income to homeless families, 80 percent of the units be affordable to households of 50 percent of area median income with the remaining 27 be set aside for formally homeless families and equal share plan of 1-2 bedroom units. 8800 square feet of ground floor retail space and interesting design, financial feasibility, green and sustainable building strategies and use of the

entire site for 135 units and no more than one to one parking. four proposal packets were received. during the completeness renew view one was not completed. the remaining applicants. the housing development corporation and tenderloin neighborhood development corporation tndc were interviewed by a selection panel who included representative from ocii, the mayor's office of housing and community development and the mission bay citizens advisory committee. the panel unanimously selected the tndc stoo team which includes sooner lomon

and bar an and tndc valencia as the service providers. the tndc is committed to pursuing additional finances in order to reduce subsidy, compelling design, a service provider in addition to services from 28th valencia in after school literacy and writing school program and the fourth street side with retail. the proposing development is adjacent to 588 mission bay blvd north is known as mission bay southwest which you approved for financing earlier this year. it addresses the need for affordable housing by targeting households of 50 percent of

median income an equal distribution of 1-2 bedroom units, 103 apartment units in 3-5 buildings in 23 various homes and flats and 45 off street parking spaces which includes 5 retail spaces in two carshare spaces. so why we are here today is for your authorization to enter into a $2.5 million predevelopment loan agreement. this funding will pay for architectural design, two construction designs, legal cost and development fee. the rates are very simple which will convert to a permanent loan at construction closing. the staff will work to implement procedures and present a balanced budget and the developer will meet with staff at 50

percent construction drawings to help cost containment. the exclusive negotiations agreement requires the developer to provide a $10,000 performance deposit to take us to the anticipated construction start. in case we slip, there will be two potential six 6 months extension milestone of design concept, as well as schematic design drawings and a general estimation and cost estimates. as was previously stated, the mission bay citizens advisory committee was represented on the selection panel. the tndc team presented this project to the cac at it's august 14th meeting and the cac supported this project. so the schedule from here on

is this is what wii we anticipate. april 15th back with schematic design for your approval, august 15th, return to commission for financing in order to apply for tax credits in october 2015. march 2016, we'll come back to the commission for authorization to enter into a long term ground lease. anticipate 2016, financing will close, construction will begin and finally december 2017, construction should be complete. that come completes staff presentation. dr. paul and foil, and representing architects, abernathy. thank you.

>> thank you. do we have any speaker cards? >> yes. we have three speakers. >> my name is donna dellara, italian. i'm a member of the cac. i want to support this here today because the project is a very nice project. i looked at it very carefully. it meets all the requirements that we seem to require and i personally am very fond of the thought of the 826 valencia after school program. i would like to see something for kids in advanced ages and the ability to read and write stories is just wonderful. the other thing i thought very highly about is they did include five parking spots for the retail tenants. it's

the only building i see earmarked for retail tenants and i think it's important for a business that they don't have to worry about anything but getting there and doing what needs to be done. i thought they considered all sorts of things. it's going to be a welcome to our neighborhood. i live in the neighborhood myself and i would love to see this happen. >> yes, dr. jackson. i have a concern about am i. this has been bothering me. i went to the board of supervisors and asked them to call a hearing on the ami. no one

has been able to tell me who put this ami together for the residents of san francisco. i remember when willie brown junior was the mayor of this city, his statement was and i'm quite sure you remember. if you don't make $100,000 a year you don't need to live in san francisco. when i be looking at this ami, i don't make $100,000 a year, how many residents in san francisco that are working and those of us that are retired could even after to move there. when you said low income, i remember a group was put together called eight black ministers. if the developer did not want to be a low income housing, 25 percent of those funds would go to these

developers to develop housing and my statement at the time was, i don't believe they can develop themselves out of a wet paper bag. you know where they would build housing? on toxic dumps, areas that have not been clean. it is very sad. you know every week 10-12 people are dying, people that are sick. i'm not here to stop the project. i want somebody to tell me who put this ami together. it has to be from this department because i haven't been to a hearing where i can testify where the income is in san francisco especially in the low income areas, in 6, 5, 4, 11 and 10. what are the income levels of

the people in those areas? so how can you come up with who was it? i believe i know who did it and i'm not going to call his name again by himself who says this is what it's going to be. this is wrong. you all need to do something about this. you all need to call a meeting yourselves and find out from the residents of san francisco about what the income levels are here in san francisco. thank you very much. >> thank you. >> what i want to say when i watch you all sometimes, i'm not just talking about this meeting but other meetings as you are all interested in who is getting these units. i watch you all very carefully. how can somebody gets these units even if they are

less than 150 units? now, back to history, you had the academy of arts university buy so many buildings in san francisco and get rid of rental units. your director, maybe the director of planning, john row him, others should give you an orientation. why and how did it come to be that the academy of art university displace so many thousands of residents to give to students to come here to attend classes. why am i saying that? every time you have some developer build whatever amount, they

can't build in thousands, they build in hundreds. it's not who is eligible, it's who you know. you pay to play in this city. it's blatant corruption. and those that have suffered in this city cannot suffer anymore so they leave this city. in the last 5 years, thousands of families have left this city. so developers such as you seen here they try to make some attempt to scratch the is surface, but whose land is this? the land of the -- somebody stole it. they decided and you don't have an include of what i'm talking

about. why? because you are not educated on issues. the mayor, a rubber stamp. we need to put things into perspective. we could not bring back good sfra san francisco families. i did what i could because i had some units in the presidio to help the artist and so on. i'm giving you this history because when people appoint you all, learn to represent. if you cannot represent, do not. thank you very much. >> thank you. >> do we have any other speakers? city clerk: yes. don falk. >> commissioners, i'm don falk and i

want to take the opportunity to express our gratitude to the cac and staff who recommended us to let you know how excited and truly we are to be part of this project and be a part of the mission bay community and i want to take this opportunity to acknowledge the work of jim white and panama #2k78 -- pam simms and we are here to answer your questions. thank you very much. >> any other speakers cards? >> no other cards. >> we'll close public comment. any questions? >> commissioner singh? >> i have the same queio