you're saying. >> clerk: public comment time you're enjoying right now is not your time to ask questions -- >> public: how do we ever ask for accountability on a previous report? [please stand by for captioner transition]

comments made were important for us to consider, especially some of the issues around too many indicators on the website which can be confusing for members of the public to follow and simplifying it, and reorder and reorganize, it is important to have -- understand and identify where we are at in the city. almost feel like getting no information at all. thank you, miss cross. and so i'm going to read these responses into the record, starting on page three, under

the moved, recommendation number, and say a number of these while we agree with the findings and recommendation, as a policy perspective, the board of supervisors is not the implemented agency. >> president scott: i want to con tur with the -- feedback made finally, i think -- talked a lot about the equity standards and ensuring inclusiveness, noting the severe economic

inequality within and between various neighborhoods and communities in the cities. we absolutely should be including budget discussions and i don't think we have really fully incorporated the data that we have access to in our budget discussions and as we embark on our next budget for 2018-2019, i would just encourage our departments to include this analysis within your budget proposals, and encourage this board to ensure that we are using all the data to actually address what many in san francisco have asked us to talk about, the fastest growing income gap between the rich and the poor in the country and i think it's upon this board and the city to really do its best to address it through the budget process. so, any comments from members of this committee? so, seeing none, i'm going to make a motion to move forward. these amendments to item number 2 and i can do that without

objection. and can we move this forward with positive recommendation? and we can do that without objection. thank you so much. and mr. clerk, can we call item number 3. >> clerk: hearing on the 2016-2017 civil grand jury report entitled the san francisco retirement system increasing understanding and adding voter oversights. >> yes, thank you for being here for the third item as well. >> to the members of the committee, thank you for putting it on today's agenda, partly in response supervisor peskin for the comments that you wanted to investigate the consequences of adding members to the retirement board who were not members of the system, so, i'm interested to hear what you have to say about that today to reinforce a message i had sent earlier. we -- while all the departments to whom we sent this report are very responsive, it appeared that it was pretty much going to be business as usual and not too

much action was going to be taken. san francisco prides itself that it's in the top quarter of other cities in the same situation of the unfunded pension liability. ours is either at 85% or 77% depending on which report you read. and also since 2008 as you noted at the last hearing, supervisor peskin, three reports issued on this matter which emphasizes the fact that there are many san francisco members of the community who are concerned about this. because in fact, if this liability or debt needs to be made up it is on the back of the citizens of san francisco. so, i guess our question is, and i hope it's responded to at least in part today, what is going to be done and by when. >> thank you. >> thank you to the civil grand jury. colleagues for this on this panel, some four months ago on september 20th, and i want a

time to wrestle with recommendation r2.2, states by the end of 2018, the mayor on board submit a charter amendment to the voters to add three additional public members who are not retirement system members to the retirement board. and as members of the public know, i have introduced a charter amendment that is going to be considered later today at the rules committee. it is not precisely what the grand jury recommended, but it is a different composition for the retirement board and alternative manner. so, colleagues, what i would actually suggest is that as to recommendation r2.2 we move that the board reports that we will not -- that that recommendation will not be implemented because it's not warranted or reasonable but go on to say that the board of supervisors may consider alteration of the composition of

the retirement board in an alternative manner. so, that would be my motion of public comment. >> seeing no further comments, at this time we are going to open up for public comment on this item. >> thank you again. my name is ellen, and i am a social worker representing 16,000 public services employees from 1021. the reason i'm here because we have two retirement systems. one is the pension pay by the public dollar and portion of it, our employee money. the other one is called 457b derred compensation plan. never audited by the city or revealed by our county

accountings. we have done a lot of research and this 457b, always reported under our pension plan. it's misleading the public, it's misleading the public service employees. i am here to request board of supervisor intervention to do an audit on our pension plan and also 457b, deferred compensation plan. the reason is because what we will save our money for our retirement, but our retirement is at risk. and you are part of it, if you invest in it. i am here to ask you not only to do it for yourself, but for the public and for us. the workers. we have 30,000 employees for the city and county and we are the access to the whole city when we have earthquakes, when we have public natural disasters. i am here to give you a report, i am here to ask you for intervention. who can i give it to, the

report, the report on behalf of 16,000 members? >> thank you. >> thank you so much. are there any other members of the public who would like to comment on item number 3? seeing none -- public comment is closed. supervisor peskin. >> supervisor peskin: i would like to move the motion that i previously read into the record and delete the further moved clause on page two, and if we could do that without objection, send it to the full board with recommendation, that would be my motion. >> thank you, we have a second on that motion, we have a motion to move it forward with recommendation and we can do that without objection. mr. clerk, can you please call items 4-7. yes. 4-7. >> clerk: various ordinances and

resolutions authorizing the settlement of lawsuits against the city and county of san francisco. >> supervisor kim: thank you so much. at this time, open up for public comment. would any of the members of the public like to speak on 4, 5, 6 or 7? >> my name is ellen, i am a public employee and i represent the union workers. i have seen so many problems that litigated, that our city represented. that is not necessary. the report that i have seen today is one of the many cases that have been lawsuits that are not necessary to raise public dollars. we can save this public dollars for homeless, for building more public affordable housing for families. many of this labor, labor disputes, can be solved at a very minimum level.

unfortunately, we do not have the proper procedure that is followed by many departments of human services throughout our 60 entities. i am here to request you, board of supervisors, to think about what you guys do and represent the city. our city needs to stop the lawsuits, especially involved with employment. many of those employment lawsuits do not need to be paid at the level to come in here. i have been vocal about this. i have been filed many complaints about our seiu 21 members and h.r. and many departments throughout the city. unfortunately the people in charge did not do their job. perhaps board of supervisor can

create legislation to stop those lawsuits from the beginning. thank you. >> thank you so much, any other members that would like to speak on items 4-7? seeing none, public comment is closed. at this time we do ask members of the public to exit our chambers during this time. colleagues, do we have a motion to convene into closed session, and we do, and do it without opposition. we are now going into closed session. thank you very much.

>> manufacturing in cities creates this perfect platform for people to earn livelihoods and for people to create more economic prosperity. i'm kate sosa. i'm cofounder and ceo of sf made. sf made is a public private partnership in the city of san francisco to help manufacturers start, grow, and stay right here in san francisco. sf made really provides wraparound resources for manufacturers that sets us apart from other small business support organizations who provide more generalized support. everything we do has really been developed over time by listening and thinking about

what manufacturer needs grow. for example, it would be traditional things like helping them find capital, provide assistance loans, help to provide small business owners with education. we have had some great experience doing what you might call pop ups or temporary selling events, and maybe the most recent example was one that we did as part of sf made week in partnership with the city seas partnership with small business, creating a 100 company selling day right here at city hall, in partnership with mayor lee and the board of supervisors, and it was just a wonderful opportunity for many of our smaller manufacturers who may be one or two-person shop, and who don't have the wherewithal to have their own dedicated retail store to show their products and it comes

back to how do we help companies set more money into arthur businesses and develop more customers and their relationships, so that they can continue to grow and continue to stay here in san francisco. i'm amy kascel, and i'm the owner of amy kaschel san francisco. we started our line with wedding gowns, and about a year ago, we launched a ready to wear collection. san francisco's a great place to do business in terms of clientele. we have wonderful brides from all walks of life and doing really interesting things: architects, doctors, lawyers, teachers, artists, other like minded entrepreneurs, so really fantastic women to work with. i think it's important for them to know where their clothes are made and how they're made.

>> my name is jefferson mccarly, and i'm the general manager of the mission bicycle company. we sell bikes made here for people that ride here. essentially, we sell city bikes made for riding in urban environments. our core business really is to build bikes specifically for each individual. we care a lot about craftsmanship, we care a lot about quality, we care about good design, and people like that. when people come in, we spend a lot of time going to the design wall, and we can talk about handle bars, we can see the riding position, and we take notes all over the wall. it's a pretty fun shopping experience. paragraph. >> for me as a designer, i love

the control. i can see what's going on, talk to my cutter, my pattern maker, looking at the designs. going through the suing room, i'm looking at it, everyone on the team is kind of getting involved, is this what that drape look? is this what she's expecting, maybe if we've made a customization to a dress, which we can do because we're making everything here locally. over the last few years, we've been more technical. it's a great place to be, but you know, you have to concentrate and focus on where things are going and what the right decisions are as a small business owner. >> sometimes it's appropriate to bring in an expert to offer suggestions and guidance in coaching and counseling, and other times, we just need to talk to each other. we need to

talk to other manufacturers that are facing similar problems, other people that are in the trenches, just like us, so that i can share with them a solution that we came up with to manage our inventory, and they can share with me an idea that they had about how to overcome another problem. >> moving forward, where we see ourselves down the road, maybe five and ten years, is really looking at a business from a little bit more of a ready to wear perspective and making things that are really thoughtful and mindful, mindful of the end user, how they're going to use it, whether it's the end piece or a he hwedding gown, are they going to use it again, and incorporating that into the end collection, and so that's the direction i hear at this point. >> the reason we are so enamored with the work we do is

we really do see it as a platform for changing and making the city something that it has always been and making sure that we're sharing the opportunities that we've been blessed with economically and socially as possible, broadening that - >> shop & dine in the 49 promotes local businesses and challenges resident to do their showing up and dining within the 49 square miles of san francisco by supporting local services within the neighborhood we help san francisco remain unique successful and vibrant so where will you shop & dine in the 49

san francisco owes must of the charm to the unique characterization of each corridor has a distinction permanent our neighbors are the economic engine of the city. >> if we could a afford the lot by these we'll not to have the kind of store in the future the kids will eat from some restaurants chinatown has phobia one of the best the most unique neighborhood shopping areas of san francisco. >> chinatown is one of the oldest chinatown in the state we need to be able allergies the people and that's the reason chinatown is showing more of the people will the traditional

thepg. >> north beach is i know one of the last little italian community. >> one of the last neighborhood that hadn't changed a whole lot and san francisco community so strong and the sense of partnership with businesses as well and i just love north beach community old school italian comfort and love that is what italians are all about we need people to come here and shop here so we can keep this going not only us but, of course, everything else in the community i think local businesses the small ones and coffee shops are unique in their own way that is the characteristic of the neighborhood i peace officer

prefer it is local character you have to support them. >> really notice the port this community we really need to kind of really shop locally and support the communityly live in it is more economic for people to survive here. >> i came down to treasure island to look for a we've got a long ways to go. ring i just got married and didn't want something on line i've met artists and local business owners they need money to go out and shop this is important to short them i think you get better things. >> definitely supporting the local community always good is it interesting to find things i

never knew existed or see that that way. >> i think that is really great that san francisco seize the vails of small business and creates the shop & dine in the 49 >> we are now back in open session for january 17, 2018, government audit and oversights, regular meeting. >> thank you, mr. clerk. >> deputy city attorney, during the closed session the committee voted unanimously to forward items 4-7 to the full board with positive recommendation. >> supervisor kim: thank you so much, mr. city attorney. do i have a motion to not disclose the proceedings of closed session today? >> so moved. >> we have a motion and second and can do that without objection. mr. clerk, is there any further business before this committee? >> there is no further business. >> we are adjourned.

>> the office of controllers whistle blower program is how city employees and recipient

sound the alarm an fraud address wait in city government charitable complaints results in investigation that improves the efficiency of city government that. >> you can below the what if anything, by assess though the club program website arrest call 4147 or 311 and stating you wishing to file and complaint point controller's office the charitable program also accepts complaints by e-mail or 0 folk you can file a complaint or provide contact information seen by whistle blower investigates some examples of issues to be recorded to the whistle blower program face of misuse of city government money equipment supplies or materials

exposure activities by city clez deficiencies the quality and delivery of city government services waste and inefficient government practices when you submit a complaint to the charitable online complaint form you'll receive a unique tracking number that inturgz to detector or determine in investigators need additional information by law the city employee that provide information to the whistle blower program are protected and an employer may not retaliate against an employee that is a whistle blower any employee that retaliates against another that employee is subjected up to including submittal employees that retaliate will personal be liable please visit the sf ethics.org and information on reporting

retaliation that when fraud is loudly to continue it jeopardizes the level of service that city government can provide in you hear or see any dishelicopter behavior boy an employee please report it to say whistle blower program more information and the whistle blower protections please seek www. an -- welcome to members of ocii and the public. madam secretary, please call the first item. >> thank you. first order of business is item one, roll call.

commission members please respond when i call your name. [roll call taken] >> all members of the commission are present. the next order of business is item two, announcements. next regularly scheduled meeting held on february 6, 2018, at 1:00 p.m. at city hall room 416. b, announcement of prohibition of sound producing electronic devices during the meeting. please be advised the ringing of and use of cell phones, pagers and similar sound producing electronic devices are prohibited at this meeting. adviced the chair may order removal from the meeting of any persons responsible for ringing of or use of a cell phone, pager or other similar sound producing electronic devices. c, announcement of time allotment for public comments. advised a member of the public has up to three minutes to make pertinent public comments unless the commission adopts a shorter

period on any item. strongly recommended members of the public fill out a speaker card and submit the completed card to the secretary. next order of business, item three. report on actions taken at a previous closed session meeting, if any. no reportable actions. item four, matters of unfinished business. no matters of unfinished business. next order of business, five, consent and regular agenda items. first consent agenda, 5a, approval of minutes. december 5, 2017. madam chair. >> any speaker cards for this item? >> no, madam chair, there are no speaker cards. >> since there is no request to speak on the item, i will close public comments. i will now turn to my commission members for comments or questions. do i have a motion?

>> so moved. >> second. >> moved by commissioner bustos, seconded by commissioner singh. please call the roll call. >> commission members announce your call when i call your name. [roll call vote] >> vote is four aye. >> thank you, please call the next item. >> motion carries. yes. please call the next item. >> next order of business, regular agenda, 5b. election of chair and vice chair. discussion and action. madam chair. >> fellow commissioners, we have before us election of chair and vice chair. first elect the chair. nominations for chair? >> madam, i would like to nominate marily mondejar as chair. >> thank you. commissioner bustos. >> i second that.

commissioner singh, any other nominations? i accept the nomination of chair. thank you. are there any members of the public who would like to make comment on the nomination for chair? ok. hearing none, public comment is closed. any opposition? or abstentian? hearing none, madam secretary, please call the roll for chair. >> commission members announce your vote what i call your name. [roll call vote] >> madam chair, four ayes. >> elected chair of the commission is myself, marily mondejar. now elect the vice chair. do i have any nominations for

vice chair? >> i move bustos. >> ok. nomination for miguel bustos as vice chair. >> i second. >> commissioner rosales seconds the nomination. any other nomination for vice chair? hearing none, the nomination for vice chair is closed. any members of the public who would like to comment on the nomination for vice chair? hearing none, the public comment is closed. any opposition or abstentian? [roll call vote] >> madam chair, four aye. >> elected vice chair of the commission. >> congratulations. >> thank you, commissioner singh.

vice chair bustos. thank you, everyone. madam secretary, next item. >> next order of business, agenda item 5c, workshop on the recognized obligation payment schedule for july 1, 2018, through june 30, 2019, discussion, madam deputy director. >> thank you, madam secretary. commissioners, it is that time of year again when we take the steps necessary to submit a recognized obligation payment schedule to the california department of finance. we will be seeking oversight board approval later this month but we would like to give you an overview of what we anticipate our spending to be for fiscal year 18-19, and so deputy director for finance administration will provide you with a presentation that will involve the staff you see before you today.

>> good afternoon, commissioners. my name is prima horreder, the deputy director for finance and administration, and we are here to talk about the rops for 18-19. since we only do it once a year, it's a good opportunity to go over the origin and the general schedule and what the funding sources are. required successor have an obligation schedule, and layman's language, a list of

obligations we need to make and funding source for the fiscal year 18-19. signed by the governor in the fall of 2016 made some changing, rather than than biannual, now annual. we do have the opportunity to amend it one time a year, that opportunity comes in the fall. commit the amendment on october 2nd. and what that does, because of the schedule we are starting now a month or two in advance of the budget cycle, so as other departments refine their budgets and keep us informed of those changes and how those will impact service, anything that

changes -- the largest outside envelope what the budget could be, as we move closer and closer to the budget, we use information from other city departments to hone it down a little tighter and then any, those changes are then later reflected in a rops amendment that is submitted to the department of finance on october 2nd. so, the schedule where we have been so far is on january 8th, we held a workshop with the oversight board where we did not get any substantive comments, so we are presenting to you today the same rops we presented to the oversight board. we'll take your feedback today, incorporate it into the rops and then we'll submit the rops to the oversight board for action on january 22nd, and then pending oversight board approval, we'll submit it to the d.o.f. on february 1st. so, the organization of the

rops, it's a long, long list of lines that starts with our administrative and agency-wide obligations moves on to our nonhousing obligations by project area, then the housing obligations by project area, rincon south beach, south beach harbor and bonds by project area. end of the rops we add on new items. so as new items get added on to the bottom, because of the foremat of the document, we are not able to renumber them, so they don't get integrated into the original structure. new items added on as they come up. the funding sources are bond proceeds, that will be the funding source to the far left of the document, it's the first funding source and that includes both bonds that have already been approved and any bonds we and -- anticipate in the next year. and either on reserve, balances,

due diligence reserve balances, which we have none. other is developer payments and grants, our primary source of other is developer payments which are developer reimbursements on their behalf and we have a small number of grants. and property tax that we use to fund any of our enforceable d.o.f. enforceable approved obligation and rttpf addmin is the amount of property tax we are allowed to use by law to administer the agency. so, as you recall, the amount of property tax that we are able to use to fund the agency is limited by law to 3% of the prior year's nonadman distribution, less the savings from two years prior, identified in a prior period adjustment. so, what that really means kind

of in layman's terms, every year we look at the amount of rops, the amount of property tax we requested and then line by line at the amount of property tax we expended and then look at any differences. those differences we hold on to rather than returning to the city, and they are debited off our next rttpf request. the thinking being, if you are requesting, say, $10 million and you have $3 million in hand, then you only need 7 million additional to get you back to the ten that you need. so, and then it's 3% of that amount that we can use for administration. so it's a very strictly regulated amount and to stay within it we really have to be good stewards of the property tax dollar. and we can go into greater detail how we will use it in 18-19. so as you can see from the presentation, the primary source of funding for our 508.1 million rops is bond proceeds and that

makes a lot of sense. because our biggest expenditure in infrastructure reimbursements, which are funded by bond proceeds and affordable housing loans, also funded by bond proceeds. the second largest revenue source is nonadmin, but significantly lower than bond proceeds. and that number has been declining over time which you will see later in the presentation, and the primary are after affordable housing and infrastructure reimbursement, the second biggest expense is debt service, so again, it makes a lot of sense rttpf admin the greatest second source. moving on to expenditure in greater detail, you can see that our largest expense is affordable housing loans, in 18-19, that is really exciting, means a lot of affordable

housing going up in our three major project areas. you can also see, if you look at the bottom right of the pie chart, there is a yellow pie and a purple pie, which indicate, which together are our total debt service. the yellowy green pie slice is infrastructure debt and the purple slice is housing debt. if you put those two slices together, it's our total debt. and the reason that i want to call that out is because the purple wedge represents the amount of debt service that we use to pay our housing bonds, and so if you, and because we issue those bonds to generate proceeds to spend on affordable housing loans, i think that as an affordable housing expenditure. so, if you want to know the total amount of our budget that we are spending on affordable housing, it's the 39% that's being directly expended in loans and the 12% that is being spent on housing debt. so, that puts us above 50%,

which i think is really exciting. i don't think any other agency in the city can say they spend more than 50% of the budget on generating affordable housing. to me that's a significant number. now go into greater detail on each of the project areas and to talk about the work done in shipyard candlestick point, we have tamsin. >> thank you, senior project manager for hunter, shipyard and candlestick point. mostly in terms of the shipyard and candlestick, the inner agency cooperation agreement memorandums of understanding with the other departments, so staff time really spent by department of public works, p.u.c., etc., in reviewing the development programs on the shipyard, in terms of the actual

permits for infrastructure that constructed. to dig deeper, we are looking at completing on opening the public parks in shipyard phase one, and that's our disposition and development agreement with lenar as opposed to shipyard phase two, d.d.a. with five points. so, moving on to phase two in candlestick, planning and building infrastructure on the second phase of the shipyard, as well as building and planning and completing infrastructure on candlestick, which is exciting. most of the work is there to support the rebuilding of alice griffith. we are also going to be approving the vertical development designs on shipyard phase one as well as on candlestick point, continuing to ex pend those federal grants that we have, and we have an obligation to seek outside funding to plant and support the development and investment that

our master developers have, this is an instance of that. it's a federal grant with the e.d.a. and we are required to contribute a local match, that's the project's only pull from rttpf. and of course we will implement and monitor both phases community benefits agreements. so, as i said, almost everything that we do in terms of the work program of me and my team is developer reimbursed, so those come from other funds, so that's the 21 million that you see here, and again, the rttpf nonadmin is the local match for the federal grant we have. this does not include the projects contribution toward affordable housing, jeff white will cover in his portion of the presentation. i'm available for questions, but i'll pass it off to mark to review mission bay program. >> good afternoon, project

manager for mission bay. major expense that's incurring from the rops lines is reimbursing fossil m.b. for the work they are doing mission bay, that's the master developer. the work they will do predominant predominantly, 18-19, they'll finish up that work. one sliver on king street that they'll be wrapping up and done with all streets in mission bay north and south. also doing mission bay, bayfront park, 5.5 acre park that will be just to the east of the arena. and then along the channel there is three different parts, p2, p3, and p8, that will be the majority of the expenditures happening in 18-19. also will be implementing the art program, some developers

choose to fee out rather than building public art on their own open space, so more than likely building that on the bayfront park, one more developer may fee out, so maybe a couple different art pieces. and finally, obtaining professional services, harrison associates is the one who reviews all the work that fossil m.b. does and approves it, as well as administrative expenses to cover staff costs. and -- how it breaks out, work for the bond proceeds going to do all the infrastructure work with the sliver for the admin and the other funds, which is the arts programs and the harrison associates. here and available for questions at the end, but now shane hartz.

>> good afternoon, commissioners. my name is shane hart, project manager for transbay. you can see from the slide we have a very busy year planned in transbay. we will begin the construction of the folsom street improvement project, anticipate completing and bidding out underramp park, provide community outreach and complete the design of transbay park. anticipate construction of blocks 5, 8 and 9, and following up to the construction reimburse certain developers for streetscape work. we plan to negotiate the block four dda and complete design. you can see from this slide that the bulk of the transbay funding

is bonds, and then if you see the other category, that's primarily developer reimbursements, and then park fees that we get from developers. with that, i'm going to introduce elizabeth, and she'll come up and talk about affordable housing. >> good afternoon, commissioner. senior development specialist. this pie chart shows a snapshot of affordable housing uses of funds. contributes to the mayor's goal of 10,000 affordable units by 2020. the $126 million you see in the shipyard and candlestick point are primarily construction for 10a and 11a, and mission bay, primary use for south 6 west. and this shows the primary

source for affordable housing as mentioned earlier is bond proceeds. these slides show fund el requested in the rops fiscal year 18-19. you can see the funding moves forward 542 units in the shipyard and candlestick point. and 377 units in mission bay. transbay, 247 units, but don't forget also that we have four projects that are well underway in construction in transbay. this slide gives you a visual to see by project area, the status of our affordable housing program. we completed our obligations in project areas other than our three primary major development projects, and in mission bay, the larger amount of blue reflects that we have completed our housing obligations and all of mission bay north and two

projects in mission bay south, and you can see that we are just kind of getting started in the shipyard and candlestick point. and with that, i'll turn it over to hildy to discuss asset management. >> good afternoon, commissioner. development services manager. and the development services manager, or the division is responsible for providing technical services to the major project areas. in addition, work program includes managing the obligations in all the other major or non, i won't call them non-major, the other project areas that you see here. and in terms of the coming year, we'll be focussing on continuing the implementation of the long range property management plan for properties and enforceable obligations in the project areas you see here. a major focus in the 17-18 year

is the transfer of y.b.g. to the city. we anticipate the transfer prior to june 30th. we are asking in the 18-19 rops for authority for one-time transfer of funds related to the gardens for lease revenues and one-time developer payments that we'll be passing on to the cities, since they are restricted for use in the gardens. so, the rops authority you see in 18-19 is all post transfer activity. also in the 18-19 year, we'll be continuing to work on the property management plan for the transfer of leases in south beach harbor, and i will invite brie back up to update you on that. thank you. >> so, the south beach harbor has two primary funding sources. the first revenues generated from the leasing of the berths

themselves, and those have always been used to fund operation of the harbor, payments, lease payments on six leases in the port property, and long-term construction loan that was given to us by cal boating. that loan has $6.4 million in principal still owing and the final year 2036-37. also a smaller funding source which is pledged property tax that's generated from the property tax interest on the leases themselves. and in the, prior to this year, those payments were always used to pay payments on an outstanding bond. that bond made its last payment last december and so those funds are now reflected in the rops under the south beach harbor line. so, in our conversations with the port, we have identified

that one of the key issues that we need to pass to fully transfer the property to the port is the cal boating loan, and we are looking at a number of ways to accelerate payment on that loan so that we can potentially pay it off and do a prepayment and then transfer the loan, and once the loan is paid off, we would fully transfer south beach harbor to the port. as we continue to explore those options, we will keep the commission up to date. and our last senior staff member here to present is raymond lee. he will talk to you about some of the achievements of contract compliance. >> good afternoon. our work activity certainly for fiscal year 17-18 is to support

each of the program managers for each of the project areas. but what i would like to talk about are the accomplishments for the fiscal year 16-17, and where we go from here in terms of future reports. for the past fiscal year, $1.1 billion has been awarded by developers for affordable housing, market rates, inclusionary housing, and commercial activities. roughly 74% of 10 million of that went to small businesses in the professional service category, and approximately 297 million, or roughly 27% of that, went for construction for small businesses. with respect to construction work force, we do oversee the local work force hiring. approximately 10,000 workers have had a hand and these are unique individuals, have had a hand in our projects. over 2.4 million hours for the past fiscal period.

of that approximately 1600 individuals are san francisco residents who have performed over half a million hours on our projects constituting approximately 22%. i will be coming back to the commission in about a month's time to provide six-month recap for this current fiscal year. and with that said, i'll pass it back over to brie. >> so, at the beginning of the presentation i talked about the legal limits to the dollar amounts that we can spend to fund our operation. and in 18-19, those calculations amount to $4.7 million. so, what that means is that anything above $4.7 million that we need to operate the agency we

need to operate an alternative funding source. as you can see from the pie chart in front of you, our total operating budget is 16.9 million. and only 4.7 million is covered by rttpf admin. remainder is covered by other, which is 5.7 million, and nonadmin, 6.2 million, and rttpf nonadmin, property tax expended in the property areas or affordable housing obligation. so, you can see that the largest source is other, and rttpf nonadmin. to me what that means is we are spending -- the vast majority of our operating costs are directly related to implementing the redevelopment plan and achieving the goals outlined in those plans, because other is again developer reimbursements, so