as 888 brannan street. the proposal is to convert the first, second and fifth floors of the existing five-story building at 870 brannan street from p.d.r. of office space in combination with office space for offense office use. the existing gift center and jewelry mart will be retained and moved into the basement level of the two buildings. a new vehicle access point is proposed to be created off of decatur street to provide access to a valet parking area. currently, decatur street dead ends into the rear of 870 brannan street and there is only a fire exit at that point. at least 74 bicycle spaces will be provided in the main area for the project. together, based on original approval in 2010 and this proposal, it would total 252,333 square feet of office space within the two buildings. the buildings include an existing loading dock that is larger than needed and is proposed to reduce that and convert a large portion of that into an open air courtyard to be accessible by tenants within both buildings includi

march 2013 for the cruise terminal project, and june of 2013 for the brannan street wharf park project. we cannot deliver these improvements without the city's environmental progress and a very strict schedule before this committee. as chair to mention, the project is have a certified e.i.r. -- as chair chiu mentioned, the project does have a certified e.i.r. these appeals are scheduled to be heard jewelry 24. as a result, we will ask the city to consider the supplemental appropriation and forward without recommendation, and to continue the release of reserved for the cruise terminal project, and nine, to january 25, that way these items will be acted upon by the board, only if the board of supervisors upholds the planning commission of the oe.i.r. we concur with the recommendation. on a technical matter regarding idaho -- item number seven, the budget analyst recommendation splits it and recommends recommendation for the funds associated with the street wharf project, and flirting with that recommendation for the cruise terminal project. it that would require the file to be split, it

when the new owners, 888 brannan l.p. took over the property and announced their plans for the current relocation and construction project, the tenants of the building were very concerned and skeptical. the tenants had just experienced a grueling two years and had a bad experience with the previous owners who did not show an understanding of how to manage the property. for the past few months, our steering committee has met with the owners and representatives of the landlord and discussed their plans in detail. we have asked many questions and raised many concerns. we did not meet eye-to-eye on everything but at the end of the day, the owners approached our discussions with a sincere effort, transparency and understanding. more importantly, they gave realistic expectations for the project and made every effort to address our concerns. among other things, the owners have articulated their commitment to supporting our very small but vibrant manufacturing community. allocated a robust marketing budget and promised a fresh ai

page 10 we report the port currently has $19,788,027 in available funds for the development of the brannan street wharf project. that project will have an additional $6,413,001 that will result in total funding of 25,000,954 $29, the amount necessary to complete the project. our recommendations are on the bottom of page 10, and without reference to the split by zero, we recommend you continue fios through release. incidently the number on page 10 is a transposition ever. it should say845 8450. it should be reserved until the pending appeals of the america's cup resolved. we also recommend you resolve to approve an appropriation of 3,000,47951479, 051 and forwarde requested appropriation to fund the pier 27 cruise terminal project to the board of supervisor without recommendation. finally, we recommend you approve final 111363 to release $9 million the department has provided the necessary details in the judgment currently on reserves to fund the brannan work street project. = -- wharf street project. supervisor kim: i have a question about your recommendation. i was curious why we would re

ordinance passed in 2003 directed the proceeds and interest earnings from this transaction to the brannan street wharf project and crews and terminal project. the release of reserved requested

request authorization to execute an amendment to the contract and -- for design and engineering of the brannan street wharf to ed phase three bidding and construction support services for a not to exceed amount of $215,000. raising the total contract amount to $1,000,906 -- $1,906,000. >> good afternoon, commissioners. i would like to echo the vice president, joe biden, and say good luck to the giants, who will be playing baseball this coming season, as the war is under construction. -- waharf is under construction. [laughter] i have authorization to execute this joint venture for the design of the wharf or construction support services not to exceed $215,000, which is subject to civil service commission approval, raising the contract amount to $1,916,000. it will be a new, 58,000 sq. ft. open space between peers 32 andp -- iers -- piers 32 n 38. the essential design of the project was initiated by staff, with community and regulatory stakeholders and advisory committee. in 2008, staff requested authorization for consulting

the department has provided the necessary details in the judgment currently on reserves to fund the brannan work street project. = -- wharf street project. supervisor kim: i have a question about your recommendation. i was curious why we would recommend item number eight, but forward no. 7 to the cruise terminal prior to the sequel -- secret appeal decision? -- sequa appeal decision? >> we made this with the last judgment decision we made with the appeals of the e.i.r. i believe the committee would prefer to continue. supervisor kim: in terms of the reserve that is currently in place for item number eight, is that a budget and finance reserve rate? >> the reserve is a committee reserve, so final action happens in this committee. where as the supplemental appropriation is the ordinance so it goes out of the committee, but final action occurs at the board of supervisors. should the board of supervisors uphold the certification, because we have such a compressed time line, we wanted to get the supplemental appropriation ordinance ready for approval, should that be your will. the release of res

land and condominiums to the port commission in fy2011-2012 to be used for the development of the brannan street wharf and the mixed-use cruise terminal at pier 27 and placing $614,000 on controller's reserve pending receipt of the projected interest earnings. supervisor avalos: -- supervisor chiu: same house, col. it this item is passed. item number 20. >> item number 20. ordinance amending the san francisco health code by adding article 39, sections 39.01 through 39.13, to license and regulate commercial dog walkers operating on park property. supervisor chiu: same house, same call. item number 21. >> item 21. ordinance re-appropriating $1,574,127 of general fund reserves for state revenue loss to backfill federal funding reductions to hiv-aids programs at the department of public health in fy2011-2012. supervisor chiu: same house, same call. next item -- this item is passed. next item? >> item number 22. ordinance authorizing the san francisco public defender's office to retroactively accept and expend a grant in the amount of $231,147 from the correction standards authority for the pu

brannan. i think that might be a way to get it done. otherwise, we would be packed to death on the finance committee. -- pecked to death on the finance committee. if we have a long, drawn-out fight on this 2% payroll tax cut, what is going to be the effect on job creation and our economic recovery? >> it cannot be too long and drawn out because you only have a month left to make a decision. the decision is whether the holiday ends at the end of february, or is extended through the end of the year, correct? >> correct. >> in which event, a holiday would expire anyway. to be frank, it will not have all that much effect on the economy. moving up 10 months the something that is going to happen at the beginning of next year anyway. but it is roughly $140 billion out of the be taken no pockets of working men and women. it would certainly reduce their spending some if they did not have that. that would reduce the demand for goods, and in turn, prompted the reduction of production of some goods and, in turn, job losses. it is just simple. if yo

brannan, you worked on the hill for a long time. my concern has long been that the lame-duck session of the 2012 congress will look very much like the lame-duck session of the 2010 congress. big economic challenges, a fight over the bush tax cuts. and quite frankly, the 2012 session has a double whammy because you have this question of the sequestration kicking in. in other words, not really looking at targeting your spending in a careful way. i have looked at a lot of ways to break out of this cycle. for example, i opposed the bush tax cuts and i suggested after 2010, why don't we extend those bush tax cuts for one year so that congress will be forced on a bipartisan basis in 2011 to make some tough choices so that both sides would be under pressure to come together. obviously, we were not successful. i would have liked to have seen it. senator coats and i have a bipartisan tax reform idea. there have been other ideas on how to approach it. my one question to you is, what do you think can be done over the next few months to try to