recommends and priority that mitigate the impact of development 4 investment objectives we make all our investment in the those areas housing and job and income and neighborhood communication and physical infrastructure i'll be going over some of the listed of the investment a little bit later the strategic plan designated this population low wage resident including the immigrant and geographically the fund can be spent on this map the entire we only shaded area the cac has identified the children and families zone and the filipino heritage district as priority and investments that are made of those areas are a priority

this is a summary of the tables that you'll see in the report that you have in your packet they come for the controller's office from 13 and 14 the biological for the stabilization is 9.9 infrastructure is $21 million and that's itself entire amount that goes to planning for the amount that was transferred over from planning into the selma stabilization fund is $4.9 million that does include the two types of infrastructure and the melrose bond as well as the direct fees paid by vendors to go into a little bit more detail about the broader infrastructure fund our

colleague from the department is here. >> good morning, supervisors from planning what i'm talking about here is the infrastructure the rincon hill community infrastructure fees which are spent on capital projects within the rincon hill boundary we do on annual 5 year expenditure plan so there the interagency plan implementation committee that programs those fund as well the fund from the other impacts fooedz feeds such as the octavia, etc. so we project out the amount of revenue we expect to collect and when we expect to collect it in the rincon hill area and allocate that towards the infrastructure projects within the area so this table here is showing from this year's report that will be actually presented to the board later this month

showing what we expect in the next 5 years to generate $12 million with the impact fee revenue in the past we've spent some of the revenue some say from cash that the city selected and spend for example, for kwoifrg a piece of property to be used as a park and other expenditures in kind from the development itself for the streetscape and the pedestrian path meaning the developers do that - >> just to clarify the guide place park my understanding those fees came from the rincon hill index for example p that the board passed in 2011. >> that's not correct those are impact fees you may be thinking

that the money actually came from to the development and we'll later pay it back in the rincon hill fund because it wasn't sufficient at that time. >> oh, i see in the presentation back in 2011 they brought up guide place park and the straightaway streetscape improvements so the guide plat mark was from the rincon hill developer. >> and essentially it comes out of the park fund so looking forward there was money allocated in this year and next to actually build out the plan the rec and park stop sign it is moving towards construction and this introvert of the money for the streetscape envisioned in the rincon hill plan on all the streets it

happens in kind for the development which in this case they're not impacting so financially that i mentioned but the rincon hill infrastructure fund go through did annual process comes to the board for an informational hamburger and exhausted through the properties we have a 5 year infrastructure for all the diversity area planned based upon the impact fees we expect over 5 years and for the men, women, and children immediate budget cycle whether the rec and park department or dpw or others we'll budget the expected revenue and place that in their budget to go through the 0 publicity cycle as bryan mentioned part of the roifrn structure fees gets transferred to the selma fund we have that

built into the parks successors and lastly the priority the rincon hill is a small area with defined projects we went out and did a series of neighborhood meeting to terminate the priorities as the funds come in and the park was the highest priority followed by the public safety and streetscape those are the two projects that are moving along to finish i'm going to turn it over to emily. >> i'll talk about a little bit about the money that came that was transferred offer to m cd to the selma stabilization the infrastructure fees we spent down $300,000 was spend e spent on a kroots crossroad at fulsome

and howard right outside of the park and if e it was a place of residence where kids were crossing to get to the rec & park we spinster money for the havdz project it might be worst noting that some of the other projects previously considered when we first got the fund in were ramps to the gene center a lot of excitement about the possibility of doing a city owned center and the victorian park improvement there were a lot of work done to try to access did feasibility of some of the projects you know as jay mentioned the fund sit longer than they should have at the same time it was a process we worked the original members on some of the projects that was a

great victory when is we got this one crosswalk and if i may interrupt. >> sure raw you said other projects were previously considered why don't you identify the infrastructure fund to safety any formation of the cac. >> before i arrived the original cac received an 4r0r7b9 presentation from the city attorney's office do specialized in bond precedes. >> where you aware of that. >> unites this meeting but in 2006 prior to when i arrived in other 2006. >> so in 02006 the cac was alerted to the infrastructure fund being available and in 2012 we spent down thirty thousands of that was that the only project we've paid for from the infrastructure fund.

>> we paid important affordable units on harrison it was a bigger grant part of the costs came from the infrastructure feeds. >> how do infrastructure fees pay for affordable housing and those particular fees that are transferred over can be used - they can't be used for affordable housing because they come to the fillmore stabilization they can be used for affordable housing it is kind of a definition but we can't use them for that. >> okay. >> now you know, i probably should say also only for the general infrastructure fees the bond procedures can't be spent on housing. >> so specifically for the melrose fees sorry thank you for clarifying but melrose fees that set up with the a bag k3wik9d

only spent for infrastructure and parks what pot have we spent down. >> $300,000. >> for the pedestrian crossings. >> you came on as manager in 2006. >> in 2006. >> so i guess i just you know since 2006 we've been considering renovation with the youth center and club house there's been turnover in the cac that means we have those funds for 10 years when you notice that a fee is not pay attention to a bag or mother prioritizing or spent down or doing outreach into the community what had you feel your role is in funding that down. >> we - prior to now we've kur7b8d the cac members and

reached 0 out to the community members like the influence of jean friends and friends of the d m.d. and the contacts at the c p w and mta i think prior to now relied on the cac identifying and the community identifying the needs outs there additional moving forward this is a good lesson working with other departments to identify the potential projects and bring them them to the table as well. >> i mean the one thing that is really sprooildz for me how long you've known about the fund and the cac has known about the fund i'm disappointed i know the members of the committee and they know those infrastructure needs i guess i'm confused as a

to why we've not been spent them down i just want to state at the full-time staff member moving forward it's a point to play an active role and setting up a role for the cac their spernd their money in a reasonable amount of time beyond what happened over the temple years with the turnover with the fees they're not paid to do this or the volunteers the responsibility of the city if you have a furthermore staff to guide so this money is not sitting there for 9 years. >> i wanted to add in on behalf of the department we completely agree with the need to expedite the infrastructure fund i know from my prospective

having seen the cac grow from when i started in 2005 it's been true that oftentimes the low hanging frustrate so to speak is on the social certify and it is easier for the community to grasp whereas public safety while people understand it's a concern they don't immediately transfer that to say we can ask for a stoplight another fulsome this is in planning so it's been a lesson learned learned we do need to be able to move more expeditiously and as relevance happened our ability to mobilize with rec and park planning, mta dpw and move those funds much more

expeditiously like in the past i think it is a good learning lesson. >> this is a unique situation and scenario that was set up by the rincon hill developers and i just want to agree with that you know a lot of the resident may not understand how the fund get spent down and all the supervisors so i don't want to completing let high bias come into that for me it really, really is surprisingly you've known about those fund centuries 2005 and whatever nurnl we can do zed we have tons of fund that maybe it is a good lesson to provide that support and education to our cac members. >> this is not to negate any of

the money we definitely could have spent it down sooner but provide that a little bit of background maybe i was there some of the reign why when this agreement was first made the only requirement was the with that a reasonable expectation for the fund to be spent within 3 years at that time, if of the cac we had a youth center while we were in those discussions 2008 happened we didn't ghetto more fees for several years i think that while it looked like that project was not going to go forward not wanting to supplant the fund by other city departments like mta with the pedestrian across lights we've had discussions centuries then

but cac as caution about providing the fund where the fund should be provided by other the president's and used for other things the department may not be able to cover that's part the story we needed to be more proactively and spending than in the past. >> and again if so a review our perspire are the community members identifying the projects presented to the cac and staff our staff looked at the feasibility the cac would take action to recommend the funding

to see if it's feasible and the spend comes down through the board of supervisors and then now i'd like to talk about the fund that were spefblg held by a bag a bag finance authority back in 2006 is when the city entered agreement with the a bag financial authority and in july of 2014 the first supplemental endenture and $5.8 million of which 1.4 was transferred to the supplemental agent in julia supplemental venture that was issued this document is the document that was approved for disbursement of procedures from the disbursement of costs with

the approval the a bag financial approval and not a city official this is where the problem started and in august of 2014 is when there's a letter issued to identify the a bag finest 0 authority and the controller's office no evidence of the current balances showing melrose precedes not in a sub accounted in will december and oewd staff notified in january of 2015 oc d worked to determine when the fund were disbursed i have some specific details we found upon further xhairgs concentration it was issued in 2005 can be

amended any a.m. gut and the establishment 69 - 12k3wrur789 the denture was really kind of questionable soy know in the agenda item it stated there's a disbursement to urban west and silicon valley developers in january we, you know, we took it severely 10ir8 we contacted the city attorney and had several phone calls with the vendors urban west not a disbursement for them we want to make sure that's clear and all the schoots what the headlines ensewed after that in february the a bag board

voted are earlier this month to return the fund to the city and county of san francisco from reserve they're working to finalize the terms and agreement we're confident the money is come back they're working on the final details what will happen when they've other day on the details it goes before the a bag board and comes to the board of supervisors so you'll have another opportunity to look at it and approve that before it's substituted arrest you just want to be sensitive to the time schedule i know some folks may have to leave by 1 o'clock. >> so those are some of the priorities that have been identified by mc d for what they want to do with the fund the

first one crossing at first and howard there's a crossing at fulsome to complete the public safety pathway from the park to the gene rubke center and the united players house they've approved the united we learned about it is funded for design but not construction we're allocated money to for construction and the safety parks were approved we hope you'll schedule that we've talked about bleach seating at the park and additional seating at south park and 7th and all those different costs more than expends the 9 hundred plus we were you couldn't do asked to talk about the general stabilization fund

the total expenditure from the stabilization fund is $6.4 million that includes autopsy inclusionary housing study done and community improvement of the affordable units on harrison and $2.4 million in grant mostly for services this is a glimpse at our current portfolio and that portfolio total $4.3 million that are the one side we have right now i have a if you slides of the past investment if you want to review them later i'd like to call out some of the highlight if i can we provided a down payment on the acquisition the united players club house and purchased it friday we provided the planning for an acquisition on a small site by low income

families we created 49 very affordable units on harrison and offered another thirty percent medium income we also have provided funding for several different programs one of which the bill program it provided very important service working with low income folks to find opportunity for affordable housing this had 83 placements and paraded that their clients participate in the thirty loiters and created the resolving alongside and the council that meets to address issues in the neighborhood and community action grant for small grant to community members like 5 to $10,000 grant and a onsite infrastructure at betsey

carmichael and we've also done renovation at community gardener also it's worth will noting we're doing the incapacity building with those nonprofit the item 3wr5u7bd talked about how the nonprofit workers have overworked and burned out those are projections for the deposits in these each funds those numbers can shift over time based on a formula for square footage and when and the timelines are based on when the certificate of occupancy is expected but this is kind of an estimate of the projections for the stabilization fund as well as the infrastructure fund that will be transferred over and then again to talk about our

process moving forward we have two different processes for the infrastructure and for the stabilization funds funds the capital and from career he are will be available in june of 2015 the mc staff worked with. >> thank you. next speaker, please. >> and rec and park and others to identify the infrastructure in the neighborhood we proposed to present eligible projects to the cac consideration twice a year and projects will then be presented to the board of supervisors for approval the stabilization fund expenditure where we live recently depended upon a rfp cycle currently looking at projects that total $1.6 million they mate not all get approved

but back before the board in april we will also work with community partners to identify the co-locating nonprofits and our office has done work and the community is interested in this initiative and this is to support the properties in selma and going to review the model feasibility for implementation on 6th street in conclusion i think as was talked about mc d w will work to proactively identify the infrastructure infrastructure. >> thank you. i was also, because i don't sit think wants budget committee i realize there's another item after this there is a 1 o'clock p.m. stop

so i'll reverse my thoughts is where he we have the various department here and also ken from a bag here as well to answer questions if any from the committee okay. seeing none can i may i ask the chair to open up for public comment. >> any public comment on item this item okay seeing none, public comment is closed. . >> supervisor kim what you like to to the call of the chair tangible the item. >> i'd like to make a motion to continue this item to the call of the chair now and kind of understanding the time crutch i want to make some closing comments i know there are members of the community were not anticipating

the time but i want to thank our various department there are many departments involved in protecting our city fund our sdoofdz office of public finest also the mayor's office of housing i want to recognize a bag here today despite the process i think that a bag has done everything that any responsibly agency should be doing under those circumstances there were a very, very, very bad actor within the a bag and building tocertify event and for so much nor government workers i have been concerned when i learned of the loss of the fund how those fund had been sitting

for a look at and able to get the contract i do reminded when the fund started to dry up i certainly understand how difficult to build a youth center than a contracts on fulsome what's clear we need to support our citizens advisory committee they're all volunteer and have turn offer so within the mayor's office of disabilities this is kind of the staple kind of entity that guides 0 the cac i hope we can provide them support we need to do a better job of spending down those fund particularly the infrastructure fund that being said the stabilization fund is a success it's meet the needs of the community to stabilize the

development in there's a middle-income protecting community south of market and their been impacted by the real estate market how didn't even it is to be here it is great to see things like the acquisition of the united pliers club house they were able to purchase their club house through those fund and serviced for our youth and senior they got more expensive every year and hopefully holy the infrastructure needs we have as our population grows our parks have more needs and pedestrians so i really am glad this exists i want to recognize the community 3 is not here today who fought for this setting a floor to