item 10, resolution of intention to issue bonds for the ifd. item 11, resolution authorizing the issuance of bonds for the ifd rincon hill. supervisor mar: i want to thank you for engaging the stakeholder group of community advocates and neighborhood groups, but also fully briefing supervisor kim, the new supervisor for district 6. thank you for doing that. >> thank you, supervisor. it is a pleasure to be here today. i'm going to try to be brief. i think we did a pretty exhausted presentation last week, but of course, i would be more than happy to answer specific questions. i wanted to focus if i could my presentation on the policies that were the focus of the stakeholder group over the last several weeks, if i may. we continued to refine the draft policies, and i wanted to provide this in context. when we originally discussed launching a pilot project, it was always in the context of having draft policies to guide the future use in the city, and our intention is we hope to be able to use this tool in other appropriate areas, which may include

you recommend approval knowing that it would be the first pilot program proposed for ifd. you ask that the board seek additional funding to extend the pilot program to include an ifd for the eastern neighborhood and ask that the city include additional study on the long- term effects for the general plans. the area plan infrastructure finance committee has been established. the planning department is one of the members of the committee and is committed to ensuring that the concerns of the commission are fairly considered. this week was an informational hearing at the land use committee, and no action was taken. as far as the full board, they did consider the appointment and reappointment of members of the preservation commission. on tuesday, the board approved appointments. all three members were approved. also, there were a couple of introductions i would like to mention. supervisor winner requested a hearing on the impact of historic preservation policies on other major policy goals and the need to adopt legislation to ensure that policies are achieved. supervisor farrel

general fund and have the board at every annual budget decide how much it wanted to appropriate to the ifd. either way, we have an accounting mechanism in place that tells us how much is being generated. either scenario, the board would retain full discretion over the money. you do not lose control of the enough once the board commits to the bond issue, of course, some portion of that would be committed to the interest payments. other than that, the decision of when to stand is this board's decision. secondly, that we leverage the outside moneys with that increment, and that would be something strategic. there is a requirement in newly rezoned areas that we do this, to ensure that there is a prioritization process for how the money is actually get spent. we do not have a formal cac on rincon hill, although there is an active association, and we will communicate with them. along with supervisor cohen, looking at criteria so we can report back to this board presumably on whether our projections for the ifc have come true, and that will allow us next time to do a better job. that is the exten

in s little bit into the weeds, butn- one of the big issues that could help this function better is ifd we just agree the weather were in the majority or the minority, we want both sides to have the opportunity to debate and to offer amendments.many of and so we are trying to protect that right. many of us are thinking in terms of these rules. we're saying we want them to bee and so the provision on right to author amendments as on senate t legislation. he talks about them being you majority and minority amendments. it doesn't talk about parties because we may well -- a lot of pundits are saying we're going to be in the minority in two years. and i think it's only fair in the unite td states senate thatd have that kind of a relationship.mr. me senator merkrkley. t >> like to note it is importantm for example, we recently had a r bill on the floor ofec the senar which was a major bill regarding the compromise struck by president obama with republicans alleagues to spend almost ast trillion dollars.take i have an amendment that i want to present here that would've taken some of the money

i think it makes more sense ifd you are the minority and you want to block legislation that you own it. just own it. block it.nori that is what the senate is whe about.he minority can continue to block legislation with academic rats are in the minority or republicans are in the minorityo they have just got to own a. they have just got to be willing to say we are blocking this for the following reasons because we think it is important and let the people decide. the same thing withhold. if want to hold something, hold it and let the people decide whether or not you are being reasonable.w what i was disgusted to learn was how many people were usingng secret holds an effect they were bragging about a.hi they were using secret holds to get something else. i'm going to hold this nominee in this department because i want money for a community center. if you don't give me money for r community center in my town you can't get the deputy secretary of the interior through. i am making up this example but that is actually what is going on. is like a secretly hold something until you can get them t