that figure comes to us from the 2011 dda and financing plan. that was the figure that was settled upon when we moved from redevelopment public financing to the our ird or ifd public financing model. as we discussed previously, because of particularly in escalation and construction prices, and the loss of some revenue streams, we do have a significant gap in the affordable housing financing. we have completed an update of the fiscal analysis that was done, which looks at the total general fund revenues flowing to the project and the additional general fund obligation but that that the city will incur because they will be higher level of police and fire staffing on the island and so forth. there are other revenues that are currently going to flow from the project area to the city. most notably as we discussed previously the motor vehicle license fee and the remaining 8% in tax increment, and those are the primary sources. we are looking to first as potentially being able to to dedicate to affordable housing. but we need to fully work that throw w

that figure comes to us from the 2011 dda and financing plan. that was the figure that was settled upon when we moved from redevelopment public financing to the our ird or ifd public financing model. as we discussed previously, because of particularly in escalation and construction prices, and the loss of some revenue streams, we do have a significant gap in the affordable housing financing. we have completed an update of the fiscal analysis that was done, which looks at the total general fund revenues flowing to the project and the additional general fund obligation but that that the city will incur because they will be higher level of police and fire staffing on the island and so forth. there are other revenues that are currently going to flow from the project area to the city. most notably as we discussed previously the motor vehicle license fee and the remaining 8% in tax increment, and those are the primary sources. we are looking to first as potentially being able to to dedicate to affordable housing. but we need to fully work that throw w

that figure comes to us from the 2011 dda and financing plan. that was the figure that was settled upon when we moved from redevelopment public financing to the our ird or ifd public financing model. as we discussed previously, because of particularly in escalation and construction prices, and the loss of some revenue streams, we do have a significant gap in the affordable housing financing. we have completed an update of the fiscal analysis that was done, which looks at the total general fund revenues flowing to the project and the additional general fund obligation but that that the city will incur because they will be higher level of police and fire staffing on the island and so forth. there are other revenues that are currently going to flow from the project area to the city. most notably as we discussed previously the motor vehicle license fee and the remaining 8% in tax increment, and those are the primary sources. we are looking to first as potentially being able to to dedicate to affordable housing. but we need to fully work that throw w

. >> reporter: the biggest question is why did the bus loop back towards the terminal at dda? that's a big unanswered question here this morning. we can give you an update as to the number of people that were taken to the hospital -- 18 total. we're told 15 coaches. most of the students players on the football team that were on the bus when it crashed. they were treated and released from the hospital. the thrre coaches had more serious injuries. this crash did kill the adult woman bus driver here. all of this after the legacy high school football team was coming back home after a game or a set of games out in california. again, we're told that the bus driver after picking up the kids circled back and that's when the this bridge support, this concrete support wall basically. that's what crunched up the front of the bus causing injuries and death of that bus driver. students are expected to be back here for school here on this monday morning. it's homecoming week and some events have been cancelled or changed. the cancelled. crisis management teams are site for students and facu

the phase 2 dda provides a specific definition of a qualified housing the offer which was communicated in the rfp. in addition, in conjunction with the community prevalence agreement of the phase 2 dda, applicant teams were strongly encouraged to it include at least one partner organization headquartered in the southeast neighborhood of the city. the development program and the rfp calls for rental housing affordable to low income and formally was household. 25% of the units will, date formerly homeless households as referred by the department of homelessness in supportive housing. 75% of the units will, date households earning up to 60% of the area median income in these units will be leased to ocii standard marketing and lottery procedures. in total both parcels will have 73 formerly homeless households. 10 of which will be set aside for young parents age 18-24. kurt dda specifications on affordable units the rp stated the average unit size should be 2.5 bedrooms for each parcel. as a result 80% of the both parcels will be two and three bedroom units. the development program for the

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>>> yes, the financing plan is incorporated as an exhibit to the dda and so, yes, that lays out the structure of the public financing project between key idc and ourselves >>> thank you very much. are there any comments from the public? i think this is a very important-it's only the financing of all the public improvements in all public and fit, the open space, the parks, the infrastructure, it is-it needs to be done good the developer key icd has forwarded some of the costs to get us to this point and certainly this is the way to continue the reimbursement and then the financing of these improvements and the maintenance of these improvements. so, this is a resolution before our board. a motion >>> i will make a motion to approve this resolution >>> write a second? moved and seconded. all those in favor say, aye opposed? the ayes have it. thank you. next item please. >>> item number eight, discussion of future agenda items by directors. >>> some questions mr. beck. at some point we like to know how the logician with the marina is going forward and who are the stakeholders. as previous meeting