the shared spaces program will help to ensure safety and accessibility for everyone so we can all enjoy these public spaces. more information is available at sf dot gov slash shared welcome. everyone on the obligation bonds meeting. welcome to presenters and staff from the department. thank you for being here today.

why public comment will be taken before or during the consideration of each item. speakers address the committee for up to 3 minutes. members in person will have an opportunity to provide comment on every item. upon the obligation bond oversight committee will hear up to because of the time limit it is possible that not every person in the queue have an opportunity to provide remote public comment. remote public comment from people who received an accommendation will in the count toward the 20 minute limit. the public comment number is

415-655-0001 access code is access code: 2661 388 9782 if you recall asked the password is 1, 2, 34. please, wait for the item before making a comment on this item. members of the public may make remote comment. making remote public comment will peek in the order than i are received in the queue as described below. when the mod rirt announced the committee is taking public comment. members can raise hands by pregsz star 3 and you will be queued. caller it is will hear sill wlens had waiting to speak the operator will unmute you. when pomped, each caller will have 3 minutes. ensure you near a quiet

location. speak clearly and turn off radios and tv's around you. read the ramaytush ohlone land acknowledgment. we acknowledge that we are on the unceded ancestral homeland of the ramaytush ohlone who are the original inhabitants of the san francisco peninsula. as the indigenous stewards of this land and in accordance with their traditions, the ramaytush ohlone have never ceded, lost nor forgotten their responsibilities as the caretakers of this place, as well as for all peoples who reside in their traditional territory. as guests, we recognize that we benefit from living and working on their traditional homeland. we wish to pay our respects by acknowledging the ancestors, elders and relatives of the ramaytush community and by affirming their sovereign rights as first peoples. thanks. take roll. please. >> thank you.

unmute your mics. vice chair crawford. >> here. >> member larkin. >> here. >> chair matthews. >> present. >> member pantoja. >> here. >> member sanderlin. >> here. >> here. >> thank you. i want to note this we have a new member. member tung. >> if i may call on member tun to introduce himself. >> good morning, everyone i'm the new member i'm filling seat 7 appointed by the mayor to represent the bye-byes community. in terments of my background i have been work nothing public finance for 17 years. 5 years issuing bonds and the last 12 analyst researching musn'ts dpup down california and the western united states and so forth. bond issuance and finance.

and i'm happy to bring this to the commit each >> we have a kwoer and up for the record it is 9:35 a.m. >> item 2. >> thank you. >> opportunity for the public to comment on any matters went committee jurisdiction that are not on the agenda. members of public who wish to provide in person comment on the item line up at the podium now. each person will have 3 minutes to speak. if you are participating in public comment boy phone, members of public who wish to provide comment on this item call 415-655-0001 access code: 2661 388 9782 the password is 1234.

and then pounds and pound. if you have not done so dial star 3 to line up to speak. a prompt will indicate you raised your hand. wait until you have been unmuted and may begin your comments. note you will have 3 minutes. so. i don't see anyone at the podium. moderator do we have anyone -- online? agenda item 3 election of chair and vice chair. nominate tim math use at chair.

can we take discussions. public ment on this item. public comment. measures of public who wish to provide in person comment on the item lineup at the podium now. each will have 3 minutes to speak. and then by phone members who wish to provide comment press star 3. i don't see anyone at the podium. and there are no attendees with hands raised on line. >> can we close public meant for this part of the agenda item. >> yes, please. >> take a roll call vote. vice chair crawford. >> aye.

>> member larkin. >> aye. >> chair math use spoke for himself. >> member pantoja. >> aye. >> member sand rain. >> aye >> member tung. why aye. >> thank you, appreciate it. >> move to the election of vice chair. il nominate member cruford to condition as vice chair. >> second. >> okay. okay. if we take public comment. >> thank you. >> members of the public who wish to provide in person comment on the item lineup at the podium now. each person will have 3 minutes to speak. members of public who wish to payment by phone, please press

star 3 now. to line up. there is no one at the podium and -- there is no one online. >> great. >> close public comment and tick a vote. >> thank you. >> we'll close public comment now. vice chair crawford. >> aye. >> member larkin. >> aye. >> member matthews. why aye. >> member pantia. >> aye. >> member sanderlin. >> aye. >> member tung. >> aye >> item 4 approval of minutes of the april 24, 2023 meeting. >> i like to make a motion to approve the minute it is of our left meeting. >> i will second.

>>il make a comment here for discussion. tim i know you were not present the way this works here is -- we will vote and you will also have to vote and you be relying on our position that the minutes are correct. >> i did have abopportunity to watch the recorded. >> good. >> so i believe it is correct in the minutes. >> if we can take public comment. >> members of public when wish to provide in person comment on the item line up at the podium nouchl each will have 3 minutes to speak. and members of public had wish to provide public comment on the item, should call 415-655-0001, access code: 2661 388 9782.

if you have in the done so press star 3 to speak. we have no public ment in person or by phone. >> great. close public comment and vote on the item. >> thank you. vice chair crawford. >> aye. >> member larkin. >> aye. >> chair matthews. >> aye. >> member pantoja. >> aye. >> member sanderlin. >> aye. >> member tung. >> aye. >> thank you. if we move to item five and have a packed agenda due to 65ing the last meeting appreciate thoughtful and careful discussion as we go through the items. >> thank you. item 5 presentation from various department on the 2008 and 2012 clone and safe neighborhood parks bond and possible action

by the committee in response to such presentation. >> good morning. i'm kelly and i'm the deputy director for capitol at san francisco rec and park. i'm going to kickoff a presentation on the 2008 and 2012 clean and safe neighborhood parks bonds. and then go over the rec park part and shannon from the port will follow ump on the port portion of this presentation.

>> so this san over view of the 2008 and 12 finance. the de feo from the 2008 bond that all of the bond and bond interests funds spent and all 75 projects are complete. of the 2012 bond 92% are encumbered and 77 projects are complete. this is the shows the list of the 15 open neighborhood parks that remember a part of this bond. include full pool renovations and play ground renovations. rec centers and p renovations. jury room the 2012 bond upon funded let's play sf program with the san francisco park alionels. you see in the bottom left the

leverages funds. we look for grants and other development fees and general fund and open space to upon if you meaned this program. we opened 10 play grounds. you see that one is in plan anding design expected to start construction next year & 2 play grounds into construction later this year. >> community opportunity program is also funded throughout 2012 bond. and this project program leverages many other fund source. you can see the completed project and it is final project in this program is in construction the fill mere and turk minipark. the bopped had the programs water conversation, forest and trails. these funds supplements other projects and bond projects we

have sick complete the water conversation projects where in design and construction on the mc clarin trail and middle lake projects on the trails and the forestry they subelements the golden gate park dag play and lake merced trail improvements. a quick over vow of a few projects the alice play ground part of let's play sf opened in 2020. garfield square fool a rebuild of the pool. opened in 2021. and george christopher park this play ground opened in 2023 and i part of the let's play sf program. >> looking ahead, we expect to complete the spending for the fwent 20 bond with the city parks the lake merced tris this

year committee mc clirin trails park next year and lets play sf projects richmond, stern grove, which will start construction this year and the buchanan street mall project starting next year. the prospect a2020 health and recovery bond is number 7. zoel a presentation on this coming up. but as over view 239 million to reshg and park and issued the didn't first 2 issuances. i will go over that the projects and this is just an appetizer. il pass it off to shannon with the port. she will talk about their projects. >> thank you. i'm shannon karen, good morning to member and staff. i lead the project management office at the port of san

francisco i will actual about the water front parks therapy funded boy the 2008 and 12 bond. so all of our parks that were funded by the 2008 bond of complete. you see the 2012 funded projects 2 are complete. the crews term until commolest in the september of 2047 and had crane cove p funded by 2008 and the 2012 billioned and this is all complete. the park opened in september 2020 and remaining components that were commolest in the august of 2022. we have 2 projects in design or environmental review. vista park delivered part of the mission bay ferry building it

has been delayed due to funding issues that are being resolved. we expect to complete other vista park based on mission bay schedule in 2026. the reason that the park is tieed mission ferry landing schedule is the park area is land side a jayce uponent to the ferry term until and part used for construction. foolish of us to dot p before we use it for construction staging. the other one in design is pier 27 public art. that there is i panel revowing the artist applications for this w. and we expect to have the art installed in may of 2024. 2 projects the 2 remaining in construction croak improve ams a signage project and this is in construction and we expect it to be complete in january of 2024

and the vast amming majority was completed in november of 2021. there were remaining fund this is we are using for a signage component we were hoping was going to be complete but there has been a supply issue with the signage. so we expect this to be completed soon in the coming months. and my next slide is a chart showing you the schedule than i quantity over for the remaining work that is all i have. happy to answer questions. >> thank you. does the committee have questions? comments? >> i'm thinking this is for kelly? it was i live in the outer richmond district and just left night was driving across i

think, cross park drive. connects 43rd. anyway. toward the middle of the park a pond or lake being renovated. is this part of your program >> yea this is in our -- middle lake is a 2020 project. i will check kwivenlg i believe middle lake 2020 funding. 2012 and 2020 bond funds. >> okay. not making great progress there. is there something going on or a delay. >> there is not a delay claimil let dan speak to it it is on his team. >> good morning. middle like is moves forward

anticipate completion in inform had a slow down where we told the contractor demobilize for 3 weeks and so we are in the process r.ing up after that event. we are aings behind by a few months but plan is to kraham wrap up in november. looks like there is in the a lot of work there is a lot of w down in the ground this you don't see. once water fills the like you will see the fruitions of the project. and planting and irrigation work is beginning in near days here. so. >> only delay you experienced is the 3 weeks you shot contractor down for the lands. why that was one delay a zone well. the p area was closed during outside lands if you were walk through you noticed construction were ceased at this point. >> that was per of the condition transact when we negotiated to accommodate events in the park.

>> you anticipated that. >> absolutely >> no drill claim. >> no delay claim. we did find a sink hole that we are mitigating part of the project. the lakes are connected by pipes and one was deteriorated the lake is over 100 year old and 25 feet below grade. one of the pipes was damaged we are mitigating that currently. we added scope to the project. >> and generally are you getting claims from the outside contractors. >> from the 2012 bond. we had one claim that we were mediated and that was on garfield pool. the 2020 bond program we have a claim on the 900 ennis project. >> and i will briefly touch on

it in the 2020 bond presentation. >> >> thank you. other members. i had a question. a comment. and aiel. i wanted say thank you for including the leveraged funds us were able to raise in your presentation. we and members of the public like to see these bond -- funds have the ability to lefrage other funds itch.ed ask about there was one section of leveraged funds about development fees? can you explain that? >> development impact fees in in the city through projects. the they are required to fay a percentage to public benefit and

there are different bucket list is a park's bucket. we depend on funds and plan on those. there is a planning press in the city that plans those funds coming inform and as i will mention in the 2020 bond program we have seen a delay in the funds manage inform there has been work to fill the gaps because it is slowed as we know development slowed. >> how do you access those funds? do you have to apply for them? or are they -- >> there is a process and i think i'm not sure the capitol planning folks may speak. there is a city committee and the development impact fees are assessd and come in at entitlement. there is a process of identifying how much the funds will be that is all estimates and the schedules are estimates

as limp. a city mittee this works to plan that funding allocation. >> you can defer to another party. i understand that the development fees are updated based on investing. are you finding indexing is keeping up with costs giving supply chain and labor issues? >> i don't have an answer. i don't know if our capitol planning folks do? keep can get an answer if you you. that's not something i work in detail. we plan those funds but don't look in the how they are being i guess assessed.

>> thank you. >> thanks. mittee and -- can we take public comment on this item? >> members of the public who wish to provide in person comment line up at the podium now. each person will have 3 minutes to speak. members of public when wish to provide comment on the item now press star tloechl no public comment >> if we could go to item 6. >> presentation on the capitol plan update and possible action by the committee in response to such presentation. >> good morning. capital planning manager.

quickly the developer impact fees are indexed to the city's construction cost escalation estimate. although i do think well is potential bee a change considered. i don't know if implemented it sits with planning department. but we do help with administration. >> is that. okay. so, kate, capital planning manager. here with the capitol budget manager i will give you an over vow of the purpose and function of the capital plan and then the details of the current capitol plan. no. there we go. >> okay. >> so00 autocapitol plan was

create in the 2006. learningly created in response to a long period of time under investment in the infrastructure and haphazard prop to how projects were fundd and what bonds were policed on the ballot. for context at the time, the pavement condition index for streets was the low 60 and he expected to drop further and the bond pass ajs rate was 50%. what the capitol plan provides is a fiscally constrained road map that lays out anticipates infrastructure investments the next decade. but it maintains flexibility to reserve firefighter to address unexpected needs. so -- a concern example is the cop reserve. the city has been able to tap top address covid short falls in the cash budget for the last several years.

>> so, these heart plan fundings principals aimed the instructor:a balance of investment amongst the 5 principles any one of them could spend every dollar of our 10 year capacity addressing them. >> plans building our future chapter. captures resilience mead needs that don't fit in the service areas. and often span beyond the 10 year horizon. that's racial and social equity, climate resilience and earthquake safety. we're located between 2 fault lines. planning for the next disaster as we work to recover from the current pandemic is a critical part of our work. >> so, we have quite a fuft

pleasurements from the next slides things the city accomplished in the last since 2020. when we were putting together the plan in 2022. i will highlight the geo bond funds projects of 6600 new affordable housing completed since 2020. funded with affordable housing geo bonds. we completed the ambulance deploy am if sillity, fire station proin and the southeast health center, which funded through 2016 public health and safety bond of completed fire station 35 and moved police staff to the forensic service division. both funded with 2014 funds. >> completed renovations 3 p and 9 play grounds throughout bond program. completed vaness improve am project partial loam