if we go backwards to create an ifd, is it better financially than ifd? could we switch back to the redevelopment area? >> absolutely. we would have to switch back to a redevelopment plan, which we were actually doing. but it is prohibitive to go the other way. if we could form a redevelopment plan, we could not go to an i fd. supervisor chu: the budget finance committee had before us not long ago an ifd that was put forward as a pilot. one of the reasons i was comfortable with that proposal is that we said we would put together parameters under which we would approve future ifd's. under what circumstances would be ok for us, the city to, to forgo. given that the budget and current situations are always something we have to look out for. we said we would create protections with parameters, but we are not at that point. we have no parameters that have been approved in any draft. how should i think about this or feel about this even before we have considered it. >> a great question. this does not necessarily fit into what we were discussing before. we may h

other taxing entities also benefit from an ifd supervisor kim: the one thing -- an ifd. supervisor kim: could you clarify again, the city general fund gets the same percentage between ifd ifand redevelopment? >> you make that determination. you would determine how much of it is gotten. in this case we are asking for ifd to get 50 cents in. under redevelopment, the general fund would get 65% of 20 cents. about 13 cents of every dollar, with 80 cents going to the redevelopment agency. supervisor chu: by a understanding is that the previous boards have approved the policy goals of the plan under redevelopment? previously? >> from the plan areas, yes. supervisor chu: supervisor mirkarimi? oh. supervisor mirkarimi: to sum up, based on the important exchange, we want the ifd certainty. but financially, redevelopment would be more beneficial. the problem is that it is dubious about redevelopment cost longevity. so, this is the right way for us to be able to structure the financing mechanisms now. we do not know if redevelopment has a future. >> that is exactly right. even if th

can you tell me why we should be moving forward with an ifd, given that the finances there are not as good as a redevelopment area? >> there have been a couple of bills over the last couple of weeks that have been put forward regarding the development. those bills have been tabled by the legislature. it is still uncertain what will happen with redevelopment. the amount of increment propose to be available would be significantly less, perhaps even less than what is available. while we do not know what will happen to redevelopment, we are fairly certain that it will not be as robust a tool as it is now. the mayor is certainly oco

economic development and workforce development and the development team have done an excellent job in informing us of how the ifd's work and the difference between that and redevelopment financing. i think that our members understand that very well. we were given an opportunity to ask a number of questions, and we are very satisfied with the answers that we received. i feel strongly that the city has been waiting a long time for this project. people have been talking about it and looking forward to it. the jobs that it will create are an enormous and will greatly support and improve the economy of the whole city. my heart goes out to those workers who have not been able to work for such a long time. i want to see them working. i want to see this development go forward now, and not be delayed any longer. and i will support the approval of the eir and later will support the approval of the dda. i am anxious to see it go forward. i am anxious to see folks going back to work. i would urge an aye vote on the eir tonight. commissioner mazzola: first, i would like to ask a question of staff regarding an issue that was br

economic development and workforce development and the development team have done an excellent job in informing us of how the ifd's work and the difference between that and redevelopment financing. i think that our members understand that very well. we were given an opportunity to ask a number of questions, and we are very satisfied with the answers that we received. i feel strongly that the city has been waiting a long time for this project. people have been talking about it and looking forward to it. the jobs that it will create are an enormous and will greatly support and improve the economy of w

economic development and workforce development and the development team have done an excellent job in informing us of how the ifd's work and the difference between that and redevelopment financing. i think that our members understand that very well. we were given an opportunity to

ys i serve 15 years in the department o ifde justice as yof a attorney for almost 12, and aa an assistant united statesis attorney. i respect thee department. department. i love the department of justice but i am getting concerned about it.bo and i'm notut happy with some of the decisions and philosophies that are emanating from the department. i believe they do not reflect the highest standards and quality that we expect from that great department and this nominee has a lot of good aoo qualities. i believe he has a number of strengths that as management and some experience in his department that i would give hir credit for, but at this point in history, i believe that his approach particularly to the war on terror, along with the attorney general's approach to the war on terror, are not good. ius have just about had enough d it and i'm just going to say t this. i am not voting for another nominee and i'm not going to vote for this one who spent their time defending terroristsi before they go to the department it is all right to -- a person t by 13 to 15 members of the p department of jus