feral i'm brad benson i'm here representing the port staff. i'm just going to load my presentation here. so we're here to talk about proposed policy for infrastructure 49 districts along the port. this is a policy that the port has been working on trying to develop on the state level and now legally since 2005. and infrastructure financing district are a little bit like redevelopment. under a state law a city and county can form a subdivision to finance like new roads and parks. and the method of financing is exactly how it was in redevelopment law the infrastructure growth can capture new growth for periods up to 45 years. and the difference compared to redevelopment is property taxes are divided into a number of recipients the state gets a property tax dollar and the remaining $0.10 is divided up between the school district and community college district. and under an infrastructure financing district typically the only increment that can be captured is the $0.65. you can't capture the money it goes to schools or to the community college dis

. >> brad benson with the port of san francisco, the concern was raised by peter cohen, san francisco information clearinghouse involved in the broader citywide discussion about the potential use of ifd in other areas of the city. the policy constructs are different for the port; we are using all of ifd to pay for new infrastructure; in a broader city context there was discussion to use ifd funds. the desire was to make sure that it is clear that it is a different context at the port and the city and the port might want pursuing other areas of the city. >> president chiu: can we take a motion to amend without objection? gvl (gavel)any further discussion? on the underlining resolution as amended? colleagues can we take this same house same call. the resolution is adopted as amended. item 17. supervisor mar. >> supervisor mar: colleagues you have before you and amended version of the resolution urging city college sf; i want to thank my colleagues but also trustees from the college board and community members for giving us lots of input as we brought it to the budget committee where it

i know we have brad benson and we'll give you a moment to set up >> thank you very