i've -- i believe that -- and i'm confident that we can move forward, and that many of these concerns will be responded to and -- and answered. so for now, fellow commissioners, i have many items here, we need to break it up. i need a motion for items 5 b through d, by as -- b as in bo. commissioner singh, you will move and commissioner rosales, seconded, so madam secretary, please take the roll call. [ roll call. ] >> clerk: madam chair, the

vote is four ayes. >> commissioner mondejar: motion carries. [ roll call. ] >> clerk: madam chair, the vote is four ayes. >> commissioner mondejar: the motion carries. [ roll call. ] >> clerk: madam chair, the vote is four ayes 6789 monday mopd t --. >> commissioner mondejar: the motion carries. commissioners, can i get a motion to approve 5-e as moved by commissioner bustos? >> so moved. >> second. >> madam clerk, can we get a

vote? [ roll call. ] >> clerk: madam chair, the vote is four ayes. >> commissioner mondejar: so this motion carries. so now, fellow commissioners -- [ inaudible ] >> commissioner mondejar: whoops, hang on. i need a motion for items 5-f through g, but we will vote separately on each items. >> so moved. >> commissioner mondejar: commissioner abuse toes moved, seconded by commissioner singh? mad madam secretary, please take the role call. [ roll call. ] >> clerk: madam chair, the vote is four ayes. >> commissioner mondejar: the motion carries. [ roll call. ] >> clerk: madam chair, the vote is four ayes. >> commissioner mondejar: motion carries. okay. thank you.

[applause]. >> commissioner mondejar: madam secretary, please call the next item. >> clerk: the next order is business is agenda item 5-h, workshop on ocii's fiscal year 2018-2019 budget discussion. >> commissioner mondejar: let's wait a few minutes for people to exit. we're going to be talking about the budget.

>> no one wants to stay for the budget? mobbed mond >> commissioner mondejar: you don't want to stay for the budget, our money?

except our staff. so thank you, madam secretary, did you call the item? ill a turn it over to the chief financial officer to present on the budget. >> good afternoon, commissioners. my na i am the deputy director of finance and administration, and today we're holding a workshop to talk about our proposed fiscal 18-19 budget. as typical, we always hold a workshop prior to our budget action so that we can take

commissioner feedback. today, we'll be talking about the operations budget, the department service budget, the budget for each of our three major project areas where we'll focus on infrastructure, and then move onto the affordable housing budget and talk about the budget for development services and asset management. following today's discussion, we will incorporate your feedback and see you again on may 1st for the commission action. pending your approval, we will be submitting our budget to the mayor's budget office where they will review during the month of may. subsequent to our negotiations with the mayor's budget office, they will submit the proposed budget to the board of supervisors in june, where we will present to the board of supervisors and the board will take action in july. so before we launch in to talk about the 18-19 budget, i want to spend a brief minute briefing some of the amazing

accomplishments that we've had in the past year. it's been such a great year. it was actually really hard to find a way to fit it onto three short slides. so in the shipyard, as i'm sure you'll remember, we're moving right along. we completed some market rate housing and some inclusionary housing and we also completed our first public open spaces. in shipyard two, we just had the biggest action of the year 30 seconds ago. we passed the documents -- the planning documents necessary for the phase two redesign, and at candlestick point, we completed the construction of alice griffith three, which was very excited. and in addition, we approved some designs for market rate and inclusionary housing which means we'll have some additional market rate and inclusionary coming on next year. in mission bay, we completed 350 residential units on block one, and we completed office space on block 40, which is the

kilroy project, and a 250 room hotel, which is the soma project. in transbay, we began construction at block one, which is the tishman spire project. we completed construction on block seven, which was the mercy project, and we achieved 100% occupancy at block six, which was the gollub mercy project. we're moving right along on our approval of open spaces, we approved the under park ramp schematic designs, and we submitted our designs for the folsom street design construction. in the world of compliance, because remember the fick of year 17-18 isn't over yet, we awarded $91 million in contracts in small businesses enterprises, and we monitored the construction workforce of 8,000 workers performing nearly 2 million hours of work, 18% by san francisco residents. in development and services and

asset management, we have a very large transaction that we anticipate completing before the end of the fiscal year, and that is the much awaiting transfer of yerba buena gardens. in affordable housing, we completed a detailed survey of certificate of preference holders. we increased the outreach and marketing preference to c.o.p. holders, increasing c.o.p. housing by 41%. and most excitingly we moved 1,769 units forward in the housing pipeline. and what that looks like is 720 units entered the predevelopment phase, 596 units came under construction, 213 units entered the marketing and for sale phase, and we completed 240 units for a grand total of 1,769 units, which we

estimate will estimate approximately 4,000 people. so now to talk about what we plan to do next year, our proposed fiscal 18-19 budget 479.9 million. prior authority is authority approved in a prior year, and those are generally financed by bond pros, which we then have to payback over a number of years using property tax. [please stand by for captioner switch] and then any work that

is related to, that is an enforceable obligation but does not fall into shipyard, ybc, they tend to planning in the b.i.t. area or asset management and we'll spend the rest of the presentation going through the budgets for each of these cost centers in a little bit more detail. so, as you can see here, in this chart, if you look at the operations column, we spend in terms of agency costs, $8.6 million and we allocate, if you look at the top row of the uses, $7.7 million of expenditure out across the other cost centers, for a total expenditure of 16.3 million, and we'll go into a little more detail on that now.

so, in terms of our operations, our operating budget is $16.3 million. that's composed of $8.6 million in salaries and benefits for staff, $4.2 million in nonlabor expenses and $3.5 million in retiree, pension and health obligation and we'll talk in more detail about those expenditures later, and funded primarily by property tax or, of which there can be two kinds. there are a.c.a., the property tax that we have to spend, that -- that our operating costs, true administrative costs have to be limited to the property tax that we refer to as a.c.a., which is limited by state statute and we'll talk about that a little bit more next. and then property tax that is related to funding and enforceable obligation rather than administrative cost. for the rest of the budget, those are funded by other

revenues, which are primarily other developer reimbursements or lease. so, just a reminder of the a.c.a., as you know, redevelopment law limits the amount of money that an agency can spend on its own administration. post dissolution, the majority of our funds are supposed to be spent on direct expenditures, enforceable obligations or wind down activities. and state statute says that we look at the prior year's distribution of property tax. subtract the administrative costs from that year, and then multiply by 3%, and that tells the agency the amount that it can spend on operations in the budget year. and this year, that's 4.6 million. so, i'm sure that you have noticed that in a $16.3 million operating budget, $4.6 million does not cover that entire budget, and so obviously we have to identify other sources to cover those costs.

and this pie chart exemplifies that. funded 4.7 by property tax, administrative purpose, 5.8 for property tax directly related to funding our enforceable obligations, and then $5.6 million of other funds which again are primarily developer reimbursement and lease revenues. so, what that means is we allocate all of our operating -- about 50% of our operating, a little less than 50% of our operating costs out across other cost centers in order to maintain within the state statute of the $4.6 million in administrative costs. on the uses side, like most government entities, the vast majority is related to staff, current staff expenditure or expenditure on retiree health and pension. from a budgeting perspective, what that means is a very large part of our operating budget is

not discretionary. we have already obligated ourselves to either the retiree health or the pension obligations that we have promised to employees in the past and the majority of salaries and benefits we anticipate spending next year are for staff already with the agency. so, what that means is that on any given year, there's a limited level of discretion for spending funds and we are very large largely funding what we had funded in the prior year. in terms of labor, $8.6 million on existing staff, salaries and benefits, 55 full-time employees and two limited term appointments. our two limited term appointments are partner employees who are retirees from either the former redevelopment agency or from the city who wish to be working on a limit term

assignment. as part of our 55 f.t.e.s, we are converting one as needed f.t.e. into a full-time f.t.e. we, at last year's budget presentation, the commission expressed a desire for more administrative support for the agency and all though we were not able to do that this year, we are doing it this year by converting this as needed position to a full-time position. it's a senior office assistant position. did that in response to commission feedback from last year and we are also converting five limited term assignment positions to five f.t.e. positions. that means limited term assignment is assignment at the time of hiring a designated end to the position. but in the two years since we have hired these staff we have realized that the work that they were hired to do is an on -- it was not a brief surge but in fact, an ongoing need to provide

resources to continue moving our projects forward so all those positions have been converted to full-time positions. as i said before, we'll be sending $3.5 million on retiree health and pension obligations. $1.4 billion for current retiree health benefits. $8 million to reduce our long-term retiree health benefit liability and $1.3 million to reduce our long-term pension liability. and what is significance about both of those payments towards our long-term liability, we are making, through analysis, the retirement program identifies the dollar amount we have to pay today to ensure that we'll have enough money 30 years from now to pay the retirement benefits for every employee that has ever gone through r.d.a. or o.c.i.i., or who will be with o.c.i.i., so making a significant contribution towards keeping that promise well into the future, and a lot of government

agencies are not able to do that, so we are in a really fortunate position that we are able to pay 100% of the amount that is required to make our retirement pension plan and retirement health plan solvent well into the future. on the nonlabor side, spending $4.2 million on a variety of nonlabor expenses. i wanted to highlight that we will be spending $1.2 million with o.c.d. they do construction monitoring for us and facilitates marketing and lease-up of the affordable housing projects. $100,000 set aside for public communications which could come in the form of website redesign and professional, and technology to support that. key highlights. on the debt budget, for fiscal

year 18-18, $140.7 million. as you can see from this chart, the vast majority of that 109.8 million is spent on debt service for the existing tax allocation bonds. and those again are funded by property tax, a major driver of our budget. we do plan to issue three bonds in the next, in the coming fiscal year. one mission bay housing bond, would fund gap financing for mission bay six west and mission bay nine. one bond affordable housing project at candlestick .11a, and mission bay infrastructure point issued for, to fund the developer at mission bay for the costs. and come back to commission at the time of issuance to get approval for those actions. a lovely picture of the shipyard

project area, as it is envisioned to be, according to the redesign. budget for shipyard is $170.9 million. as you well know, shipyard is our least mature project area and so it makes sense that most of the expenditure is related to planning and design services and that most are funded by developer reimbursement. o.c.i.i. works directly with all of the various either outside consultants or city departments who perform planning and design review and then we bill the developer for those expenditures and are reimbursed for those costs. so, all of that money will be going towards review, design and approval of infrastructure parks and vertical development, following the approval of the shipyard redesign. continuing to work on receiving land conveyances, of course,

we'll continue to monitor our community benefits, our work force compliance, and manage our grants and coordinate with city departments to do all those things. and here is a picture of mission bay north and south. and our budget for mission bay is a proposed $263 million, this budget combines both mission bay north and south together. this is our most mature project area. at a phase as you can see from the photographs, the area is largely built out, and so we are really in a phase where we are building, meeting our last affordable housing and our development obligations and of course, building the warrior stadium, and so we are doing a lot of work in the design and planning area for those projects, and doing a lot of work to issue bonds to reimburse the developer for all the infrastructure over the last 20 years, to make all the development you saw on that

photograph possible. so, you can see that bonds are the largest source for mission bay and most expenditure related to infrastructure. next year in mission bay we will work on the golden state warriors stadium, as well as projects for ecsf. in terms of public open space, beginning construction on the bay front park, p3, p2, p8, and bay front parks, and working on the strategy to transfer the park to the city. we'll focus on public improvements like street improvements and continue planning for art and public spaces. here is a picture of the transbay project area rising in all its glory. as you can see here, the transbay project area has sort of a unique budget, and a result of how successful the project

has been, due to the fees that are levied on development in the downtown core. we have really generated a very healthy fund balance of parks and open space fees or affordable housing fees and we have not yet gotten to the point where we are ready to encumber the funds for construction. so at this moment we are sitting on a fund balance from development fees that will be used for current and future expenditures on affordable housing and parks in transbay. so, that's why you see a large fund balance as the largest source in this area, and the proposed budget is 125.9 million. in transbay, we'll continue to focus on vertical development. monitoring construction, completing construction and transferring completed blocks,

and under ramp park and transbay park and we hope to be in construction very soon for pr the boulevard and monitoring the construction. this is a picture of alice griffith 4, under construction now, and hope to be complete early this fiscal year or next fiscal year, which will be very exciting. and the affordable housing budget for fiscal year 18-19, 366.1 million. as you can see in the far northwest left column, that includes a proposed $220.3 million in new affordable housing loans, and $63.4 million in existing housing loans. so, what that means, all of the loans that the commission has approved in prior years, where building is going on and we continue to make draws on the loans, those are the existing affordable housing loans as

prior period authority until they are fully expended. in terms of the work plan, we'll be moving 2,622 units through the affordable housing pipeline. this slide provides some detail on the specific projects, number of units in each project, and the amount of funding to go to each of the projects. but i think the information is nicely summarized in the next slide which shows 516 units entering the predevelopment phase, 720 units entering the gap financing phase, 706 units in construction, and we hope to complete 680 units. so again, a total of 2,622 units. in the world of development services and asset management, pending the transfer of the yerba buena closeout, doing a single audit on that transaction and will continue to manage our assets in the project areas as

well as expired and inactive project areas and implement the property management plan and the existing loan portfolio. that concludes the presentation. happy to take public comment and commission questions. pending your feedback, we'll be back on may 1 for you to take action on the budget and then we will go through the regular budget process with the mayor's budget office, the board, and the board of supervisors. >> thank you, brie. madam secretary, are there any speaker cards? >> yes, madam chair, two speaker cards. oscar james. >> good afternoon again, commissioners, my name is oscar james.

that was a nice presentation. and one thing i'm glad of, they are taking care of us retirees. as a resident of bayview-hunters point, and first african american to buy a home in bayview-hunters point and homeowner myself for some time, finding out a week before last friday that my home was worth 1,400,000, i could not afford to buy today. p ok, but at the same time, people in the community who were homeless, some have low income where they cannot afford to be in any of these houses. you did a project on armstrong and third that housed homeless

that was in the bayview-hunters point community. they came in homeless, got furniture donated to them. i'm looking for each project now to do that same thing for people who are homeless. i'm also looking or asking you to look at brothers and sisters coming home from the penitentiary to have housing. look at them. they paid their debt to society, ok? they don't want to go back to prison. they should have opportunity to come back and get housing. some of them have certificate of preference. certificate of preference i helped when i was on joint housing to come up with the certificate of preference under a mayor and the joint housing under mrs. -- the director, our project person, i was vice chair. we came up with the certificate

of preference. we fought, it went to those in the army, the military housing, the old wartime housing, that's where the certificate of preference came from. but there were people in other parts of hunters point in the projects that didn't have certificates or we were not able to extend certificates of preference to them because they were basically the property turned over to the redevelopment agency was navy property, and we were living in those properties and we had the mayor from our, my age group surrounded the building and we got the guarantee that we would have preference to move back to the homes and what have you. and we also got $4,500. the young peoples in the community did that, and miss westbrook and my mother-in-law, miss web, and miss dunbar, they went back and got the $40 million. the people in the project areas,

parents pay for the projects. if you look at constituents, when my grandmother bought her home, she paid $4,000 for her home, a little bit over $4,000. ok. those project areas, they are paying $59, they paid for their projects. ok. they need, and some of them are still in the projects today. they need to have preference to move. i know i'm past my time. >> yes. ok. thank you. >> thank you. >> but consider that, consider the people who are homeless and find ways of getting them into some of these houses, with no rent. thank you very much. >> ace washington. >> i just want to say i'm very appreciative i got word i'll be speaking to your director, hopefully i'll be able to come may 1 with my presentation about what i call is the state of the

fillmore. now you know, it's not, nothing about fillmore, none of the -- none of those restaurants is blank. so y'all have to, don't have to tell me what that mean. now, bottom line, i'm not going to get my blood pressure up. y'all know and commissioner, and these two commissioners know before y'all came with the o.c.i.i. i've been coming here for years, 20 years, i think i go past 20 years. right now i think what i'm going to do with this agency is set a precedence for all the rest of them. sit down with the director, i'm going to call it all hands on deck. no middle management. i want all department heads and commissioners, 5, 6 departments. i'm going to roll out case, ace on the case, no, case means something. c as in community, a as in assistance, service, s as in service, and e as enterprise.

i'm going to start making me some money now. i want to assist all those developers, i want to assist everybody outreaching everything that y'all are supposed to have. all these people who got up here and spoke like you say, maybe 5, 10, most don't know nothing. they just, they are pointees, and i'm disappointed in a lot of these appointeees. and she's going to mention, i'm going to meet with her and your attorneys to talk about possibilities of me getting funded. not me, case. because discretionary funds that have to come back to get okayed, those are things i'm going to talk about. >> thank you. >> no more speaker cards, madam chair. >> one last thing. >> i think that y'all should hire my brother back here, oscar, to be one of your commissioners. he has more experience than all of you. how come you can't have him?

i'm see who the next mayor will be. >> thank you, mr. washington. so, we have, is it about the budget? your comment is about the budget? >> ok. madam speaker, deanna gage is my name. my affiliation with this project is about investments and the infrastructure for the construction and developments for our communities here locally and our city and county. and i really wanted to be able to put emphasis on a couple of things that i heard this evening that i was very -- since my stroke took my eye, the o.c.i.i., oversight, i was impressed with the balance and the infrastructure for small

business enterprises looking forward to being independent such as myself, especially for housing. the compliance of contracts, insurance for consent is i would like to be able to establish a contract of consent that i can be able to get consent and obligation to be able to understand control and as merchants wanting to come in to license a forefront and establishment to take care of the household as well as work for infrastructures for contracts here locally. and basically i wanted to award some of the comments that i did hear earlier, but i really want to put emphasis on the shipyard project. i really like what they look like, and they really look beautiful so far. and i hope that those projects turn out to be really good in

the future. looking forward to seeing you here tomorrow. >> thank you. so, are there any comments, fellow commissioners, comments, questions, on the budget presentation? >> you want to close public speaking? >> let me close public comment. thank you, madam secretary. the public comment is closed. fellow commissioners, any comments, questions on the budget? none? >> so, ok. >> madam secretary, please call the next item. >> next order of business, agenda item 5i through 5n, related to community facilities district number nine, presented together but acted on separately. public hearings to hear all persons interested in the

establishment of the community facilities district, improvement area number one, and future annexation area and b, the indebted necessary and other debt for the community facilities improvement area number 1, 5i, forming successor agency to the redevelopment agency of the city and county of san francisco, cp, improvement area number one, and future annexation area and determining other matters in connection therewith, discussion and action resolution number 17-2018. 5j, determining the necessity to incur bonded indebtedness and other debt in an amount not to exceed $6 billion for the successor agency, to the redevelopment agency of the city and county of san francisco, community facilities district number nine, h.p.s.2c.p., and

determining other matters in connection therewith. discussion and action, 18-2018. 5k, calling a special election and successor agency to the redevelopment agency of the city and county of san francisco, community facilities district number nine, hps2c p, and determining other matters in connection therewith. resolution number 19-2018. 5l, declaring the results of special election and directing, recording of notice to the redevelopment agency of the city and county of san francisco, community facilities district number nine, hps2cp and determining other matters in connection therewith. 20-2018. 5m, introducing an ordinance levying special taxes in the successor agency to the

redevelopment agency of the city and county of san francisco, community facilities district number nine, hps2cp, discussion and action, 1-2018. 5n, authorizing the issuance and sale of special tax bonds and improvement area number one, to the redevelopment agency of the city and county of san francisco. community facility district number nine, hps2cp, public utilities and services, not to exceed 202,200,000, and determining other matters in connection therewith. discussion and action resolution number 21-2018. madam chair. >> we now turn to number of items related to the formation of a community facilities district for phase two of

hunters point shipyard, and candlestick point. the community facilities district or c.f.d. will allow the successor agency to levy a special tax on property in the c.f.d. for public infrastructure and services in the area. the commission previously approved resolutions of intention to form the c.f.d., improvement area number one, within the c.f.d., and a future annexation area and to incur bonded indebtedness and other debt for the c.f.d. now the commission in its capacity as a legislative body for the c.f.d. will undertake a fairly lengthy series of proceedings required by the california government code in order to form the c.f.d. and authorize issuance of bonds for the c.f.d. the proceedings include public hearings and the landowner election. we'll first hear a report from staff about the proposed c.f.d.

and then we will open the public hearing. madam director. >> next steps to create phase two, candlestick services and facilities c.f.d. the chair gave my first three slides for me. so, i'll just say that c.f.d. is a special, a geographically bound area where you can levy a special tax to raise money as the chair said for acquiring public facilities or providing services in that area. it's part of the overall property tax structure in the city. it's levied on top of the

traditional property tax of 1%. as you said in your opening comments, you've already taken two of the major steps in a process, passing a resolution of intention and to establish the c.f.d. and to incur bonded indebtedness. we will first have a hearing where we hear from the potential members of the c.f.d., and then the commission with three resolutions. formation of the c.f.d., of bonded indebtedness and special election. assuming they are approved, the secretary will administer the election, then the commission will consider a resolution declaring the results of the election, assuming those results were to create the c.f.d., the commission will then consider a resolution authorizing the issuance of bonds and ordinance

ordering the levy of special taxes. ordinances are required to be heard twice, today we will introduce and return on may 1 to consider and adopt the ordinance. improvement area number one, and other areas can annex into the c.f.d. at a future time. we are proposing to levy both the facilities special tax and services special tax and have proposed bonded indebtedness limit of 6 billion. this slide shows the proposed geographic boundary, the four projects in the south portion of candlestick points. facilities special tax levied for a term not to exceed 75 years, and the revenue generated by the tax would be used to either build public facilities or to reimburse the developer for building those facilities,

and the list of those authorized facilities is here. this was consistent with the law and the financing plan. also proposed to levy a services special tax, levied in perpetuity, and the revenue from that tax would be used to maintain the parks and open space and potential mitigation measures needed in the event of sea level rise. as we have talked about in the past, the right method of apportionment assigns a different rate of taxation for properties depending on their property type, and we begin by levying the tax on projects where a building permit has been issued in order to meet our revenue obligations and we continue on down the line of properties until our revenue obligations have been met. the c.f.d. will be governed by the ocii commission, goodwin consulting contracted earlier

this year, primarily responsible for calculating and levying taxes and post dissolution. so, as we mentioned, we'll hold a hearing, following the hearing, you will consider these three resolutions, listed on the slide. we'll hold an election, consider two more resolutions and then introduce an ordinance ordering the levy special taxes. the resolution of formation primarily outlines what the boundaries will be, list the facilities and services financed, rate and method of apportionment and the services special tax, appropriations limit of .2 million for improvement area one and debt limit of 6 billion for the c.f.d. as a whole and .21 for area one. second resolution, to incur bonded indebtedness, the

necessity to required before the c.f.d. can issue debt and the limits are same as discussed on the prior slide. then we would, the commission would consider a resolution calling the special election. at that point the election would be for the land owners to consider a levy of the special tax, the appropriations limit and the bonded and indebtedness in the prior two resolutions. we have our mail ballots in hand and the c.f.d. would be passed if two-thirds of the vote cast are cast in favor of the formation. following the results -- following the election, the commission would declare, pass the resolution declaring the results of the election and improvement area one would be fully formed and the commission would have the authority to levy the special taxes. and the commission would have the authority to incur bonded indebtedness up to the appropriations limit. depending on the outcome of the

elections, we would then, the commission would then consider a resolution aauthorizing the commission of bonds in the same amounts as described in the prior slides and the commission would introduce an ordinance that would order the levying of the special tax and again, an ordinance requires two readings, so you would finally pass the ordinance on may 1. which is, would be the next step. so, if anyone has any questions, i'll be happy to answer those or we can move on to the hearing. and take commissioner comments. >> before we entertain questions, commissioners, any speaker cards on this items? >> it was just ace washington, and i think he might have left. >> ok. >> no more speaker cards. i will close public comment. so, commissioners, questions, commissioners singh.

>> question about $6 billion, you know, and how much total we have now? >> c.f.d. has not yet been formed so we have not issued any debt yet. >> uh-huh. and -- >> 200 million more, right? >> do you mean for the agency in general, or do you mean the c.f.d. -- just under $1 billion. >> uh-huh. they are going to spend it. >> well, we'll be spending it on affordable housing, $220 million in new affordable housing loans next year, and development reimbursement in mission bay. >> ok. thank you. >> you are welcome. >> any other questions or comments? from commissioners? ok. thank you, brie. before i formally open the hearings, are there any property owners or registered voters in

the c.f.d. who wish to file written protests? if so, they must be filed by the secretary right now. hearing none, there is none, right? the commission will now hold public hearings on one, the formation of the c.f.d., improvement area number one, within the c.f.d., and a future annexation area for the c.f.d., and the levy of special taxes in the c.f.d. and improvement area number one, and second, the need to incur bonded indebtedness and any other debt for the c.f.d. the hearings are now open, and we will receive comments and questions and any oral protests from any interested persons. madam secretary. did anyone submit speaker cards for these items? >> no, madam chair. >> having -- since there are no

cards, i will now close public comment. and i would like to close the public hearings and move on to the next item. the hearings are now closed. and we will now consider a resolution proposing formation of the c.f.d., improvement area number one, and the future annexation area. so to help move things along, instead of doing a roll call, i would like to do a voice vote, a motion and a second for whatever the action is. so, i will say all in favor, then the commissioners will say aye or nay or abstention, rather than everyone's names. accept a motion to approve resolution for item 5i. >> i move that. >> moved, seconded. all in favor, aye. opposite, opposed? none, abstentions -- hearing

none, the item is adopted unanimously. so the next is, we will now consider resolution determining the necessity of issuing bonds and other debt for the c.f.d. to finance the proposed public facilities. i will now accept a motion to approve a resolution item 5j. >> move. >> moved by commissioner, seconded, all in favor, aye. opposed, abstain, hearing none, motion carries. next, the commission will now consider calling a special election, which will call for the vote of the qualified ee electors, in this case the hand owners in improvement area number one, to approve the special tax, the proposed bonded indebtedness limit, and the appropriation limit for improvement area number one. i will accept a motion to

approve resolution item k. >> so moved. >> moved by commissioner singh, seconded by commissioner, all in favor, aye, abstain, opposed, hearing none, motion carries. so, at this time i'm going to ask madam secretary to open the ballots and the results of the election.

>> ma deek dam cheer. >> eight votes, all the votes are in favor of the ballot measure. >> the results being unanimously in favor of the items, the commission will now consider a resolution declaring the results of the election, i will accept a motion to approve resolution, item l. moved by commissioner bustos, seconded by commissioner singh, all in favor, opposed, abstain, hearing none, motion carries. now the commission will now introduce an ordinance levying special taxes in the c.f.d., and waive its full reading. i will accept a motion to introduce the ordinance and

waive a full reading, the ordinance will be considered for adoption, the commission meeting on may 1, 2018. do i have a motion to approve item m? >> move. >> moved by commissioner singh, seconded by bustos, all in favor, opposed, abstain, hearing none, the item, the motion carries. the commission will now consider a resolution authorizing the issuance of bonds and other debt for improvement area number one. this resolution provides that bonds will not be issued until the specifics of a particular bond, of a particular bond transaction are brought to the commission for our approval. so i will now accept a motion to approve resolution item n. moved by commissioner bustos, seconded by commissioner singh. all in favor, abstain, opposed,

hearing none, motion carries. so madam secretary, please call the next item. >> next order of business is item six, public comment on nonagenda items. madam chair. >> do we have any speaker cards? >> two speaker cards. william -- >> commissioner -- >> commissioner. >> hello. >> long day for me sitting here, but very interesting. good afternoon, bill barnicle, a commissioner for veterans affairs, and also spent 29 years in the military and retired united states air force. i wanted to thank you and my good friend commissioner singh that i have known for 40 years, for the ground breaking projects for the veterans housing a couple weeks ago, a couple months ago, i didn't make it, so thank you. as you know, former mayor lee,

was a good friend of mine, and dar, used to come out to the neighborhood and have breakfast together and talk about the warriors and giants and retired and knew i had a passion for the veterans, and appointed me on to the commission three years ago. also several weeks ago the city -- several months ago, also several weeks ago, the city attorney's office settled a $2 million lawsuit against a landlord providing substandard housing for the vets, and big win for the veterans, if we didn't win that case, or settle that case, we would have had a lot of old time veteran, i'm 67 years old, vietnam vets, out on the streets. because of that settlement that we were able to place those veterans in affordable housing and most are able now to not be afraid to be kicked out. we had a lot of veterans here that were afraid they were going

to be kicked out. thank you for what you have done, and if you can invite us to ground breaking days for our veterans, that would mean a lot. thank you, dar. >> oscar james again. thank you. and i was not here, but thank you for the vietnam vets housing, which is really important because i could have been a vet. but what i want to do, i want to thank you each and every one of you guys for what you did today. you have been a blessing to bayview-hunters point commission, a blessing to this commission, keep up the good

work. if you guys have any problems out in the field i can help you with, call on me. i'm there for you. because you've been there for the community. thank you very much. >> thank you, mr. james. >> no more speaker cards, madam chair. >> i will now close public comment. please call the next item, madam secretary. >> item 7, report of the chair. >> i want to mention three items. on march 1, i know the commissioner just stepped out, mission bay block three east ground breaking, mayor farrell announced 118 unit housing for formerly homeless veterans and low income families was named after the late mayor ed lee. on march 20th, our own executive director was honored along with women leaders to celebrate women's history month in collaboration with the

commission and status of women. congratulations, nadia. and then on the 29th, the commissioners attended a ground breaking ceremony for the soma mission bay hotel. i think it's the first hotel built in the soma, in the mission bay area. that's my report. >> please call the next item, madam secretary. >> the next order of business is the item 8, report of executive director, madam director. >> the next order of business is item 9, commissioners questions ance matters. madam chair. >> commissioners, any questions, and -- none, please call the next item. >> item ten, no closed session items. the next item is adjourn. >> motion to