john thomas, jeff, kevin mckay, manny flores. >> good morning. in the executive director of the professional property management division and i'm here to speak on behalf and in favor of the parkmerced project. a lot has been said about the displacement of tenants, the demolition of homes in the process. in the long run, i think there will be new homes built that will be better for the tenants. parkmerced has agreed to comply with the current housing ordinances. the renovation and expansion will increase affordable housing in san francisco. it benefits all the citizens in this city. the other thing to also keep in mind is that the city needs to grow jobs and this is an opportunity to do that. to do it in a situation where it is local to the community and also citywide. the tax revenues and the fees are significant. the additional individuals and families moving into parkmerced will mean increased revenue generated to the payroll and other taxes and fees. in addition, the project will produce permanent jobs both on site and in the surrounding commu