transportation and other developments. we fleed to -- we need to stop doing that. what we need to start doing is submitting our intelligence of governorship to the where the establishments require and the governor called for the united states and protocol. >> chair mondejar: thank you. >> no mr. speaker card. >> chair mondejar: thank you sir. please call the next item. >> next order of business is item 10, closed session. there are no closed session." items. the next order of business is item 11, adjournment. >> chair mondejar: i need a motion to adjourn. >> i move that the meeting be adjourned >> chair mondejar: this meeting is ended at 2:01 p.m. thank you.

>> so ladies and gentlemen, on behalf of the incredible community here in alice griffith, on behalf of the resident leaders and community organizations, madam mayor, leader pelosi, president cohen,

distinguished guests, i welcome you all to the reopening of the alice griffith community. thank you. my name is theo, and i'm the director of the hope sf, and it gives me great pleasure to bring up aurelius walker for the invocation. >> distinguished guests and the community leaders from bayview-hunters point, and to my brothers and sisters that are here today, what an exciting day, what an exciting day. i hope through hope church, in the back of us here, and also tabernacle community development organization, i am on the board

of directors of that particular program. what is so exciting, all those times, all those years at the planning commission, at the board of supervisors, and talking in our community meetings, one of the greatest excitement that one can have to see their dreams realized -- somebody said what a tragedy assist not to continue your dream, but the greatest tragedy is not to have any dreams, not to have any hope at all. so about 50 years ago, 50 years ago when i came to bayview-hunters point, when i came to this particular area, i saw land space and all those -- and i had a dream, to do why we're here today. and today, that dream is released.

anybody here know what i'm talking about? come on, given great hand praise. [applause] >> i'm going to do the invocation, but before i do, i'd like for any grand kids just to stand, wherever you are, just to stand. i also have great grand kids, about six of them in this complex. and my lovely wife, she didn't walk down here, she rode down here on her scooter. would you just raise your hand. some of you may be aware of aurelius walker drive. some of you may walk that particular street. and also, my daughter, tanya, would you stand. tanya and nadine, they are the one that petitioned the board and all that to make that happen. and then -- all right. so in time, we appreciate you

here. is the mayor -- the mayor arrived yet? i'm sorry. i'm just looking forward. yes, sir -- when i do this thing, i'm going to pray. and nancy pelosi, where is is she? there she is. we've been knowing each other a long time. and malia cohen. and prayer means that -- simply means that the leadership in san francisco knows that there's a god. we know that we can't do it by ourselves, that we need god to help us. so in terms i'm going to ask you that you bow your heads and pray as we ask a blessing upon this housing and beautiful grounds. gracious and beautiful god as we pause at this moment in the history of this particular community and city, first, we want to thank you for the

realization of low-income housing in this community. we ask you to bless every person here and ask you to give us the knowledge to continue giving low housing to the persons in need. in the name we pray, thank god, amen. [applause] >> how's everybody doing? excellent. i'm fred blackwell. i'm the c.e.o. of the san francisco foundation. it is a real pleasure to be here. thank you. i'm going to be brief 'cause my job is really just to introduce the mayor, which she needs no introduction, but i'm going to do it any way. if you really think about it, and we're really kind of facing the facts here, when you see something like this go up in the

neighborhood, this nicely done, your original thought and your first thought is man, that's not for us. this is the kind of thing where it comes into the neighborhood and the rent's $3,000, and nobody in the community can afford it, and it ends up being one of those things that's a monument to the gentrification and displacement that's happening in many communities in the area. but what this is is the exact opposite of that. for that reason, today is very exciting. what this is about is not only doing it the right way, as mayor breed talks about, and the right way being a part of that is making sure that people can stay and benefit from this. but the other right part about it is that that is not an end in itself, it's an ends to the

means. and the mean is actually trying to figure out how we as a community can make sure that every young person in this city has the opportunity to meet their full potential. [applaus [applause] >> and the reason why i'm so excited to introduce the mayor is because that's what the mayor is all about. we're talking about someone who's a native san franciscan, someone who grew up in public housing, and someone who i know very well because she's held my feet to the fire for this. and someone who makes sure she uses her power and position and her pulpit to make sure we do the right thing on behalf of bayview-hunters point. so with that, i will introduce mayor breed. >> the hon. london breed: it is

a beautiful day today. not just because the sun is shining, because this community is shining. and i am so honored to be mayor at a time when the city is finally doing the right thing and fulfilling an old promise. some of you know i grew up in public housing, i grew up in plaza east, o.c., out of control projects. the old out of control projects, and similar to the conditions that alice griffith was in, double rock, whatever you want to call it. and similar to the conditions where i spent over 20 years of my life in those conditions, and also feeling isolated, feeling frustrates, blocks away from city hall, feeling like my

community didn't matter, like the resources that were all around weren't making their way into our community. and when i became a member of the san francisco redevelopment agency commission, when we started looking at this bayview-hunters point community, i visited. fred blackwell at the time was the executive director of the redevelopment agency commission, and just to step backwards for a minute, when i lived in o.c. -- i mean, plaza east, when we went through the hope six redevelopment, some of you remember that, we tore down 300 units, and there were only 200 units to replace those units. many of my friends and family members never returned. and because of that devastating experience, when this project started, i made it clear to fred

blackwell and my colleagues on the commission, we cannot repeat the same mistakes of the past. we have to do this right for this community. we have to make sure that not one person, not one family is displaced. we have to make sure that they are included in the process, and that we build a community, not tear one apart. there's plenty of room around here to build a community and keep people in their community. let's not do what they did to plaza east and move people to vallejo and other places outside the city because that's really how -- that's real hey how we lost the significant population of african americans in san francisco. let's not make the same mistakes. and today, we did it right. today, we shine a light on this community. we say thank you to all the

people who hung in there, all the people who showed up to the community meetings, all the people who continue to fight for one another. we know that there are challenges with violence, we know there are challenges of lack of opportunity. we know these challenges have existed in san francisco for sometime, but working together, working together, bringing our community together with so many incredible organizations, we are going to get the job done and we are going to open the doors of opportunity. today is a new day in san francisco, and because of my experiences, which i know some of you have similar experiences, because i had an opportunity at age 14 to work for the mayor's youth employment and training people and have people encourage me and support me and teach me right from wrong, i'm mayor today because people opened the door of opportunity. and as fred blackwell said, we

can't leave anyone behind. we have to focus on making sure we provide this incredible housing as well as the amenities and support that will make sure this community and the next generation broing up right here in alice griffith that they had the doors of opportunity opened to them. we are going to change san francisco for the better. we are going to make sure that we continue to move forward housing developments like this in a responsible way, in a way that moves the community forward and not tear the community apart. so i'm happy to celebrate today, because so many people had a role in helping make this dream a reality. it took many, many years, and some of you remember the president of the board of supervisors, malia cohen was out here. our late mayor, ed lee was out here, saying it's not about new

promises, it's about keeping old promises. i'm going to make sure we keep the old promises in san francisco. i want to thank our fearless leader, who brought over $30 million to this project. our congress woman, nancy pelosi, who's not only fighting for san francisco, she's fighting for the country all over the country. [applause] >> the hon. london breed: this is what success looks like. this is what it looks like when we have an amazing community that's coming together. and last, but not least, i just want to say, along with the one-for-one replacement and the increase in the number of affordable units, many of you know that president cohen and i worked on neighborhood preference legislation so that 40% of all new units built in this community go to this community first. so make sure you apply, make sure your kids apply, and make

sure you continue to stay involved. if we are going to make sure that san francisco is a place for all of us, we all have to play a role in the success, and we all have to do a better job of taking care of the next generation of young people growing up in this city, and as mayor, i'm committed to doing just that, and i want to thank all of you for being here today and all the hard work. it pays off in this beautiful, beautiful development. it is such a great day. thank you all so much for being here. love you, too. [applause] >> thank you. thank you, madam mayor. anybody been in the community meeting with residents, resident leaders, been at the other end of the table where they say theo, you going to fulfill your promises? this was built by the residents

of alice griffith. it's my pleasure to bring up the director of the neighborhood tenants association. >> it's an honor to be here. my name is falah setili. thank you for being here to celebrate with us. i'm so excited and grateful. thank you for all of the stakeholders who believe in us. it's not an easy test. i thank god for the strength and courage, and also, i want to thank my special friend, dwayne jones. thank you, dwayne jones. you encouraging falah to step up and take the torch. you can do it. but before i step down, i

encourage all the residents to believe in my leadership, to come out to the meetings every month. thank you so much for celebrating alice griffith. i'm going to call up some amazing residents to speak. angelica and sammy, please welcome them, thank you. [applause] >> good afternoon. thank you all for being here today. my name is angelina moore. i'm 21 years old, and i'm a third generation resident of alice griffith. my grandmother moved here after my father was born in 1969. since then, my family has grown

significant roots here. i have so many great experiences in this community that shaped a woman i am here today. just a year ago i was homeless, and devereux was the only place that felt like home, but thanks to their help and support, i was able to move into my own apartment. this has given me a sense of pride and independence that all young people should have. the bills don't stop, but i don't, either. the phoenix project provided me with the amazing tools to allow me to get into the program. i am striving to get a second job while finishing up school.

[applause] >> as the days go by, i am extremely grateful for the support from my life coach, brother malik with the phoenix project. with that said, i know i can over come any challenge that is presented to me. i would like to acknowledge my family and the elders who helped pave the way for my current and future success. thank you. [applause] >> how you all doing today? i'm going to standard this. hello, my name is samuel vaughn and i am honored and grateful to be able to fly back from dillon university in new orleans to be able to speak to my own community. [applause] >> my grandma, laboria moore, moved into alice griffith in 1964. ever since, my family has been raised in this community for

good and bad. i'm here to speak for the mayor and the rebuild of the the future. it was never easy for a kid in the tan and green buildings find a way out. i watched childhood friends get sentenced to life and carried out in coffins. it seemed regular until september 3, 2015. i got a call from a young kid in a community screaming that your big brother was killed. i hang up, heart pumping, brain getting dizzy, mouth getting watery, and i tell my younger brother and mom what was said to me over the phone. we all break out in screams. my brother was declared dead after a shot to the head. after faith in the community, and doctors, they were able to get my brother's heartbeating again. when i arrived to the hospital that day, the day was brother was shot, this entire community was at the hospital, and i

appreciate that support, and that's something i can never forget. at that time, i was a confused teen who didn't know if i wants to pursue my dreams or follow my brother's foot steps. my decision became you cloudy after this -- became cloudy after this situation. eight months later, i was a straight a student, playing football, sending applications off to colleges, sitting in a juvenile jail cell. but thanks to members of this community and other communities, i was able to finish my senior year and complete my goals. this has lead me to a four year university where i'm living my best life [applause] >> where we are standing today is not only a new building for me, but for kids who have to

choose the opportunity between the courts and the streets. this is a rebuild for the mothers and fathers who wish they could have provided more, the reason for the future. the reason i shared my path with you all is to let you know i've been there. i'm standing here today because i leaped over my barriers and path as you all can do. whether you're raised in the bayview, the fillmore, or ant arctica, you can do it. i want to thank nonsee pelos-- pelosi, mayor breed, all the members of this community, my dad, my mother, my stepmother, i want to thank you all for pushing me to my full potential. i want to thank all of you who came out for the board. thank you all so much for supporting us. >> clap it up for these young

people, angelica and sammy. thank you. [applause] >> i'm going to first bring up the president of the board of supervisors, miss malia cohen to offer some remarks. she's been a fearless leader. president cohen. >> you know, i've been sitting here, can't get out of my mind, that drake song, start-up from the bottom, now we here. start-up from the bottom, now we here. oh, my god. my family, we're here. we did it together. let's take a moment and remember those that are not here with us to celebrate, the elders that gave their lives, the young people that gave their lives that allow for all of us collectively to be here today. let's not forget, let's not

forget the roaches and the rats, let's not forget the mold, let's not forget hungry days and nights sometimes because it is through those trials and transcri tribulations. these buildings represent the future and today. when i think about the young people that are standing in colleges, that are standing and getting jobs, that's why we're here. that's why i serve, that's why we run for office, that's why we take this oath. am i right, mayor breed? am i right, congress woman pelosi? that is why we come today to celebrate. now many times in my years,

eight years on the board of supervisors, people have looked me in my eye and say this is not for us, and i looked them back in the eye and said yes it is. watch. watch. for those of you that have been prayerful, mindful, for those of you that came to city hall to comment, came to neighborhood meetings, came to brett hart elementary school, here we are, here we stand, resilient and strong. that's what the bayview is about. that's what alice griffith's about, that's what double rock is about, resiliency, vibrancy. when you look out in the audience, i know many of you are seeing a lot of strangers, and you probably wonder who they are. but let me tell you, it takes a lot of people to get us all the way over to the finish line, to

make sure there is zero displacement, to make sure that those who are not paying their rent, who are not paid up, to get you that help to make sure you're in. and once you got in, you got pride, because this is for you, this is our gift. this is the manifestations of words and promises of yesterday that is finally coming real today. congratulations, you all. we started from the bottom, and now, we're here. thank you. [applause] >> thank you, madam president. she's been alluded to many, many times, but this would not have been possible without the most fearless, most froeshserocious in california and d.c.

[applause] >> good afternoon, everyone, and a good afternoon it is. let me say i've come here today to pay my respects to you and the respects of the congress of the united states to be an example of national significance to our country, a place where a dream came through because of the involvement of the residents. the residents made it all happen in honoring the hope sf plan that when you left, you would all be able to come back, and what you came back to was shaped by you. malia talked about our why -- president of the board, malia cohen, talked about the why. we heard from these wonderful young people. aren't they wonderful? they are our why. samuel and angelina, thank you for sharing your story. you give other people hope by

the eloquent statements of your story. we can talk about the facts and the statistics because they are important and they make things -- some things happen, but nothing makes it happens more than the words, the experience of our mayor growing up in public housing, from 14 years old, being part of public policy, to make change, through hur career, insisting that the words -- that the will of the people in these housing initiatives would drive the initiative. then as a supervisor, president of the board and now as mayor. it brings tears to my eyes to hear this story, but it fills me with pride to see her success as well as her personal connection to it. thank you, mayor breed. let me acknowledge present of the board, soon to go onto

higher office, malia cohen. she has been such a champion, as we heard. and she harkened us to know our why, that our children and their future, and the families that they live in, and the pride they take in their heritage, but all of this, again, followed was so eloquent in pointing out that this was a joint effort of so many different elements. let me just say this -- and really, to get in to say thank you. first, let me acknowledge theo miller. theo miller with hope sf has made such a tremendous different. when that $30 million came under the auspices of hope san francisco, listen to this, that was only one of five grants in the whole country. that was only one of five grants in the whole country. thank you, barack obama.

[applause] >> but there was recognition that it would be used well, and it would be used based on the principles of residents coming back, residents calling the shot as to how this would go forward. many of us have sat in the meetings and shall we say been impressed by the actions of our residents. thank you, reverend, for the beautiful prayer about our purpose. but then again, it's about the san francisco foundation and the fact that we're so impressed that fred black we will worked with the mayor when this started. fred blackwell, the life of a public-private partnership and the link with a nonprofit makes all of this possible, as well. so samuel, angelina, supervisor

cohen, the mayor -- but here's the thing. let me just talk a little. this isn't really politics, but you be the judge. i just got here from arizona at the end of a campaign swing because the election's going to be in four days. i want to end my swing at home, in san francisco. i want to be at a place where i could be inspired by all of you, your hopes, your dreams, your persistence, your ideas. you're just not taking no for an answer. your why is our why. and certain things make a difference, and some fights that we've had to have for that funding for that 30 million for president obama's insistence. but as we go forward, it was important to note in the public private partnership, it was important for us to use your wishes to make the policy, the

appropriations to make the grant, and the tax code to make it possible in the public private partnership. and no know the low-income housing tax credit was central, central to this and to the provide sector participants, thank you for using that for the good of these kids and their families -- the low-income families. so i mention that to you because we'll be having some fights. it was drastically cutback in the republican tax scam, that took away the low-income tax credit. we got it in another bill so that we could continue to fight this. elections have consequences. i'm not here to talk politics, i'm just saying they have consequences. martin luther king, he said the ballot, legislation, your life. that's what martin luther king

said. the ballot, legislation, your life. so let me get back to saying respect and thanks to you because when we go to sell this for more communities across the country, including our own, we can point with pride to say it is successful, it worked because the people most affected by it had a say in how it would proceed. and the young people who are affected by it, the future, can attest to that. so again, congratulations, alice griffith. we were here three years many of us for the ground breaking. here we are for the ribbon cutting. everyone, much happiness in your new homes. thank you for making this such a success. thank you all. [applause] >> wrap it up for leader pelosi. thank you so much, thank you so much. and it's true. we have that little election happening next week, and she said she had to be here. she had to be here.

you can imagine her schedule. i want to next bring up the developer, richard barren of mccormick barren salazar. richard, brief remarks. >> mayor breed, speaker pelosi, thank you very much. it's a pleasure to be here for all of you and the residents. i bring you greetings from tony salazar, my partner, who spent hours and hours working on the development and unfortunately had some health relates things with his -- related things with his family in kansas city, and he wasn't able to join today, but he sends his regards. there are so many organizations and individuals who have been part of this project that it really is quite extraordinary. these public private partners as speaker pelosi has said have made an enormous difference in dozens and dozens of communities

across the united states, really starting with president clinton and the hope six program, and then, with president obama, with the choice neighborhood program. and these are things that happened in communities throughout the united states. we have been part of many of them. there are other organizations here today who have also done stellar work in san francisco, doing these mixed income communities, and we have always enjoyed very much being part of it. we started here with mayor jordan and have been here ever since. i wanted to just quickly of course acknowledge the hope sf office and the mayor's office of housing and community development, the housing authority, and most particularly, i'd like to have all of you recognize mindy, head

of the choice neighborhood program. she has been involved in literally dozens and dozens of these transformations across the united states. she has come today to be part of this, but they have done an extraordinary job in cities all over the united states, transforming communities like this one into new, vibrant developments and have been extraordinarily able in terms of their ability to take public work and work it so that it ultimately works for the benefit of the community. and i wanted to close my remarks after thanking the contractors, the architects, the financers, all the rest of it. in the end, the most critical part of this program relates to the residents, and most particularly, i wanted to thank

our urban strategies great, isaac dozier and his team. many years ago, i created the urban strategies group, and i'm the chairman, and i just wanted the mayor to hear what has happened here beyond the beautiful infrastructure that's happened here beyond the buildings. 82% of the families that were here have returned. 82%. we are hopeful that 90% will be here, and the other most incredible statistic, and i'm very proud of the urban strategies, folks, within the last 5.5 years, household income in -- with the alice griffiths residents has doubled from $12,000 a household to 24,000 through the intervention of agencies and other organizations here who have been part of this mix. and we have had access to health care now with many, many

families and their children, so we're very, very proud that this will continue. lastly, i would want to say one last remark. after today, this development will move forward, but the importance of philanthropy, supporting the human capital services in this development and throughout the city of san francisco is just critical. the choice program will be over in five years, and after that, the residents are still going to be here. there are still going to be new families and new children, and all of the things we are working on now, job development, schools, health care, and the rest, is going to be very, very important. and we have seen communities throughout the united states with philanthropy and private sector companies supporting the continuing services, and i really hope that will become

part of the hope sf program. thank you very much. [applause] >> lastly, i'm going to bring up a great friend of this community, mr. kofi bonner. kofi. >> it is a great day in this bayview, but many days is a great day in the bayview. it's always sunny as we know. my grandfather told me that if you want to go fast, you can go alone. if you want to go far, go with a group of good people, and i'm here to make sure i thank the good people who've helped us get this far. first and foremost, leader pelosi, thank you for your strong leadership and persistence in support of this city and particularly this project. there is so much you and your staff do that goes unseen and unrecognized, and yet is timely. and let me say thank you on behalf of all of us. thank you very much. madam mayor, i've always wanted

to say that, by the way. madam mayor, thank you to you and your team for the continuing support. the larger redevelopment project has had tremendous support from your offices and your team, and i thank this team. thank you to supervisor and president of the board. she has used her good offices to mediate when necessary and advocate whenever possible, and we thank her for that. thank you to the commissioners, the office of community investment and infrastructure. thank you. [applause] >> thank you very much, and to the hunters point mayors citizens advisory committee. thank you. thank you so much. [applause] >> you know, you all worked with

mayor lee and the speaker to deliver the choice neighborhood grant to this city, and then, you approached us and said in order to make this deal competitive, you needed us to step up and spend some money a little earlier than we had anticipated. we needed to bring the infrom structure on -- infrastructure on board a little sooner than we expected. but we said we're on board, and spent the tens of millions of dollars necessary not only to be competitive, but to win. you have a great team, and we continue to work with that team on the remainder of this project. thank you. several members of my five point team are here today, led by leshawn, who many of you know.

we hear the voice of this community in our ears every day in the office, which is great. makes us better. thank you for your diligence. a very special thank you to the residents of alice griffith. [applause] >> several yaerkz, i stood in the opportunity center with michael cohen, then, the director of economic development, and we said we're going to assist in rebuilding this community without displacing anybody, and you all didn't believe us. i think you were the most disbelieving. but we committed to you that we would create that plan, and we are here today. it is possible, and we couldn't have done it without the partnership and the support of you all, the resident. thank you. in 2010, we committed to an ambitious homes to bring 7,000 homes to this community, 2,000 of which would be affordable and

5,000 which would be market rate. we committed to bring a variety of different homes, from apartments and condos, for the young and the old, and we commit today do that in the spirit of partnership. today is when we say we are living up to our commitments, and we're living up to our commitments because we have this partnership, and we expect to continue to live up to this commitment because we believe in this partnership. we are committed to spending the hundreds of millions of dollars necessary to ensure that the current residents and the future residents will live, work, play, learn, and connect with the amenities that will be brought here, with the parks that will be brought here, with the retail, the grocery stores, the amenities that this community deserves. we know we can do that because we have such a strong

partnership, and i thank you all for that partnership. [applause] is. >> thank you so much, kofi. you heard it here, commitment for hundreds of millions of dollars more coming to this neighborhood. so as my mentor, marquis gray said, you can walk to opportunity. so i invite everyone to walk, please walk -- clap it up for our speakers as they walk off the stage. our speakers are going to head to that rib abon, they're goingo head to that incredible ribbon. five, four, three, two, one. [cheers and applause]

>> hi. my name is carmen chiu, san francisco's elected assessor. buying your first home is a big deal. for many of us, it's the single largest asset that we'll own. that's why it's really important to plan ahead for property taxes so that there are no surprises. a typical question new homeowners ask is what is a supplemental tax. so understand supplemental tax, we need to start with proposition 13. under california's prop 13 law, the value we use to calculate your property tax is limited to a 2% growth peryear, but when ownership changes, prop 13 requires that we set a properties assessed value to market value. the difference in value between the previous owner's value and the new value is the supplemental assessment. how does the supplemental assessment translate to the tax you need to pay? supplemental tax is calculated by applying the tax rate to the value and then prorating it for the amount of time that you owned it in that tax year.

in generale, the tax rate is roughly 1%. let's walk-through an example together. here dan is the original owner of a home with a prop 13 protected value of $400,000. with a tax rate of 1%, he pays $4,000. dan sells his home to jennie at a market rate of $700,000. in this case, jennie's home will be reassessed to $700,000, and jennie is responsible for paying property taxes at that level from the time she first owns it. many times, people might have already paid their property taxes in full by the time they sell their home. in that case, dan has paid $4,000 in taxes already for the full year. jennie would likely payback dan through escrow for her share of the $4,000, depending on the proportion of the tax year she owns the home. however, she's also responsible for paying taxes at the higher market value from when she

begins to own the home. how does that work? let's say jennie owns the property for nine months of the first tax year, which is approximately 75% of the year. during the escrow process, she'd pay dan back 75% of the $4,000 he already paid, which is $3,000. on top of that, she would owe taxes at the higher rate for the proportion of the year she owned the house. in this case, she owes the amount not already billed through dan or $700,000 minus $400,000, multiplied by a tax rate of 1%, and multiplied again by 75% to reflect the time she owned the home in that tax year. here, jennie's supplemental tax is roughly $2,250. going forward, jennie will be billed at her new reset prop 13 value. are you still with us?

if this isn't complicated enough, some new owners might receive two supplemental tax bills, and this has to do with the date that you transfer property. but before we get to that, you first need to understand two concepts. first, what is a fiscal year? in california, local government runs on a fiscal year. unlike the calendar year, where the year begins on january 1, a fiscal year begins in the middle of the year, on july 1. property tax follows the fiscal year cycle. second, state law requires property be valued as of january 1 every year, in other words, new year's day. the value as of january 1 is used to calculate property taxes for the upcoming fiscal year. this means property value as of january 1, 2018 will be usedtor fiscal year 18 -- used for fiscal year 18-19 covering july 2018 through june 2019.

similarly, the value of january 1, 2019 will be used for the fiscal year covering july 2019 through june 2020. now back to whether you should expect to receive one or two supplemental tax bills. the rule of thumb is that if the property transfers happens in the first half of the fiscal year, in other words between july and december, then you should expect only one supplemental tax fill. if the transfer happens in the second half of the fiscal year or between january and june, you should expect two supplemental tax bills. here's the reason why. using dan and jennie's example again, dan's $400,000 value as of january 1 is used to set the tax bill for the following fiscal year beginning july through june of the next year. jennie buys the property from dan in october. the taxable value is reset to $700,000 as of october, but the bill issued still reflects dan's lower value. in this case, jennie would

expect to receive one supplemental or catch-up bill to capture the difference between her assessed value and began's fr began's -- dan's from october through june. because of january 1 we already know of the sale, we would have used the following year to set jennie's property taxes and no other supplemental bill should be received. however, if dan sells the property to jennie in march, instead, jennie should expect two supplemental bills. like before, jennie would receive one supplemental bill to cover the time in which she owned the home in the current tax year from march to june. but because as of the next january used to set the tax base for the following tax year, dan still owned the home, the following year's entire bill still reflects the values not updated for jennie. in this instance, jennie receives a second supplemental for the following year covering july through june. after the supplemental tax bills, new owners should

receive only one regular tax bill peryear going forward. remember our office values the properties, but billing and collections are handled by another organization called the treasurer and tax collector's office. if you'd like to learn more, please visit our website at sfassessor.org. thank you for watching. >> one more. [♪]

[♪] [cheers and applause] >> wow. ladies and gentlemen, you give it up for the high school band. [cheers and applause]

>> do we know how to have a good time in san francisco or what? [cheering] >> i also want to say thank you to the san francisco group for working with us to have what you saw when we first walked in. a giant dugout right here. [cheers and applause] let me tell you, i have never seen anything like this thing. this looks better than the last location. this looks better than the old location. you really outdid yourself with the artwork, with the seating, with the buffet style food. we try to feed as many people as we can. this will be a great place to watch the giants game. to watch the warriors game, and to watch the 40 niners. [laughter]

>> but nick and everyone here, thank you all so much for being here. this is absolutely incredible. you have an amazing group of young men who are representing san francisco well. that was an incredible performance. you have to do it for us again. take a bow and have a good time. make sure you get some food and enjoy yourself today. make sure that you come back to not only eat, but to donate toys so we can get toys out to kids on a regular basis. thank you, everyone. happy thanksgiving. [cheers and applause] >> on the mural over here, we will take a picture in her baseball uniform. >> oh, my god. >> do you guys want to go over there? [laughter] >> assembly member to, do you

want to say a few words? >> very briefly, first of all, where is it? thank you for giving us all an excuse to start drinking at 115 in the afternoon. [cheers and applause] >> madame mayor, i'm looking forward to working with you and catherine stefani and others. we will get a lot of business done here in left field. is that right? i have brought the certificate of honor from the california state of assembly because we do not want this day to go unrecognized by our state. this has been an incredible institution for six years. remembering the legacy of someone who was an amazing, not just baseball player, but a community service member. i will say for a cultural note, he was an ambassador of baseball to asia. when i was trying out, my dad said, will you grow up to play baseball? and i said no.

but because of him, he has brought so many people together and i very much appreciate what you are doing here. on behalf of the city and behalf of the state, thank you for everything you are doing or the community. we want to thank you and declared today to be, from the california state of assembly, lefty oh, dual's ballpark baseball buffet and café. congratulations for the grand opening. [cheering] >> thank you i would like to accept this on behalf of my dad who passed away and our mayor who passed away too. i would like to accept this on their honor and on the honor of our great city of san francisco. because this is the reason that it is all about. we live in one of the greatest cities in the world and i want to thank the mayor and thank our assembly men and thank all of you who came.

i like to keep it on the tradition that we learn here in san francisco. i am just one part of a small edge. one small part of a larger san francisco city. i want to thank -- there so many people to think here today. i want to thank two more people. actually, michael, who helped me build this place. [cheering] and all of our staff. because without them, i couldn't have done this. without our great city, i wouldn't even have done this. thank you to san francisco. thank you ed lee. thank you to my dad. [cheers and applause] >> we have one more if his representative is here. could you come forward? >> hello. i wanted to recognize the grand

reopening. thank you again on behalf of the california -- thank you. >> i would like everyone to stay in place while the cameras proceed to a center for the picture with london in her baseball outfit, and then you can all come out. all right?

[applause] >> thank you so much for being here in support of our