we look forward to having a great new walkable, bikeable neighborhood in the bay. thank you. >> there is a serious problem here and i am going to focus on the ownership of treasure island that underpins the security of the development. there are two ways to proceed on this. one is recognizing the underlying state title as wetlands preferred to the state as stewardship of the trust. it is not transferable. what i suggest to proceed is recognize the state title. the city and county as an administrative district of the state can then take trust and proceed to charge ground rents as aleviation for the loss of redevelopment funds. second, a performance bond. this is truly manageable and insurable. proven. >> thank you. >> hi. i am representing the lancey street foundation. it has been on treasure island for the past 12 years, and we have been surveying youths from the juvenile justice system and school dropouts. we were selected as the 2010 charter school of the year in the state of california. the developers have been supporters of life learning academy and they have b

we look forward to having a great new walkable, bikeable neighborhood in the bay.hank you. >> there is a serious problem here and i am going to focus on the ownership of treasure island that underpins the security of the development. there are two ways to proceed on this. one is recognizing the underlying state title as wetlands preferred to the state