5 years we think that is an easy request to make to the state because they have two other competing ifd laws with 45 years in addition i wanted to clarify this is an obligation of the city and this allows us to set the first of many steps we'll be in front of the board of supervisors for the next step of documents introduced to form the district and the voted of public hearings at a future date and all the debts will come before this board and more specifically made clarifications in the infrastructure financing plan that also allows for in the event the city will sure additional revenues meaning the state share only be available and applied to housing and what that means is that by board action it would be a value dated without going back to the resident doing everything we can to make that document as pursuant as possible hoping that today, we can get the approval from the board of supervisors and with a commitment to come back and brief you as we make progress on the financing solutions i want to note that the erupt share it takes time so that will be something we'll have to do over

5 years we think that is an easy request to make to the state because they have two other competing ifd laws with 45 years in addition i wanted to clarify this is an obligation of the city and this allows us to set the first of many steps we'll be in front of the board of supervisors for the next step of documents introduced to form the district and the voted of public hearings at a future date and all the debts will come before this board and more specifically made clarifications in the infrastructure financing plan that also allows for in the event the city will sure additional revenues meaning the state share only be available and applied to housing and what that means is that by board action it would be a value dated without going back to the resident doing everything we can to make that document as pursuant as possible hoping that today, we can get the approval from the board of supervisors and with a commitment to come back and brief you as we make progress on the financing solutions i want to note that the erupt share it takes time so that will be something we'll have to do over

5 years we think that is an easy request to make to the state because they have two other competing ifdigation of the city and this allows us to set the first of many steps we'll be in front of the board of supervisors for the next step of documents introduced to form the district and the voted of public hearings at a future date and all the debts will come before this board and more specifically made clarifications in the infrastructure financing plan that also allows for in the event the city will sure additional revenues meaning the state share only be available and applied to housing and what that means is that by board action it would be a value dated without going back to the resident doing everything we can to make that document as pursuant as possible hoping that today, we can get the approval from the board of supervisors and with a commitment to come back and brief you as we make progress on the financing solutions i want to note that the erupt share it takes time so that will be something we'll have to do over a year or so but likely to indulge staff to continue to work on th

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5 years we think that is an easy request to make to the state because they have two other competing ifd laws with 45 years in addition i wanted to clarify this is an obligation of the city and this allows us to set the first of many steps we'll be in front of the board of supervisors for the next step of documents introduced to form the district and the voted of public hearings at a future date and all the debts will come before this board and more specifically made clarifications in the infrastructure financing plan that also allows for in the event the city will sure additional revenues meaning the state share only be available and applied to housing and what that means is that by board action it would be a value dated without going back to the resident doing everything we can to make that document as pursuant as possible hoping that today, we can get the approval from the board of supervisors and with a commitment to come back and brief you as we make progress on the financing solutions i want to note that the erupt share it takes time so that will be something we'll have to do over

5 years we think that is an easy request to make to the state because they have two other competing ifd laws with 45 years in addition i wanted to clarify this is an obligation of the city and this allows us to set the first of many steps we'll be in front of the board of supervisors for the next step of documents introduced to form the district and the voted of public hearings at a future date and all the debts will come before this board and more specifically made clarifications in the infrastructure financing plan that also allows for in the event the city will sure additional revenues meaning the state share only be available and applied to housing and what that means is that by board action it would be a value dated without going back to the resident doing everything we can to make that document as pursuant as possible hoping that today, we can get the approval from the board of supervisors and with a commitment to come back and brief you as we make progress on the financing solutions i want to note that the erupt share it takes time so that will be something we'll have to do over

and i are censured concerned about the likelihood on the state efforts for e rap and to extend the ifdor 5 years and other colleagues mentioned the potential local bonds and i also think there is a commitment to treasure island and i think that is critical that we follow through but needs of other districts my colleagues mentioned it is important but a commitment made to treasure island in this development to see strong affordability the letter we received from sherry the director of tihdi emphasize the homeless and veterans and project but the charities with the mercy housing is critical for treasure island and the many families that and people that currently live on treasure island as well i'll be supporting that and supporting effort in the last few days a few few of us sure we're living up to the affordability but up to the next board to share there are bonds that move forward their equitable looking at the treasure island and thank you to supervisor peskin for raising the key concerns about this and i shared those concerns we'll work with kim and others to get more clarity on what

district and community facilities on treasure island t the fooid are for the treasure island development ifd and efd so to reimburse costs by the developer as well as to help fund the affordable housing development on the island the cf d will reimburses certain infrastructure costs as well as creating a capital reserve for sea level rise and a imperpetual fund for the three hundred acres of parks and part of treasure island program the resolution relates specifically to the financing plan, which is the guiding document for did formation administration of the infrastructure revitalization and financing district t the i f that drafted with the terms of disposition agreement and it's champion blend it was adopted in 2011 if this item is move forward today it will catch up with the items in committee on october 15th and considered at the full board at a future hearing with the those other items include the intention to form the two districts if those are approved before our break this year we will expect 9 public hearing on the formation of district and the vote of the property owners within the

we are now moving forward with a resolution to establish the ifd district for treasure island. of course, during the time when the major issues that come up of concern to this board is the financing gap we are now seeing for the affordable housing that's been committed to build on that island i know this came out several months ago. we asked the mayor's office of housing and tida to submit funding and financing plans for how we would build the committed a former housing units and director back, i was hoping you could answer questions in regard to that. i know my colleagues supervisor peskin has questions as well. >> welcome mr. beck >> thank you chairman, members of the board. yes, bob back with treasure island development agency. supervisor to him give me give you quite a bit of background on the program on treasure island and how we came to the program we are attempting to move forward today. i could go into some background on the irfd and cft but in brief, the tax and prevent redevelopment tax increment program that was anticipated for treasure island has been replaced by a

district and community facilities on treasure island t the fooid are for the treasure island development ifdts by the developer as well as to help fund the affordable housing development on the island the cf d will reimburses certain infrastructure costs as well as creating a capital reserve for sea level rise and a imperpetual fund for the three hundred acres of parks and part of treasure island program the resolution relates specifically to the financing plan, which is the guiding document for did formation administration of the infrastructure revitalization and financing district t the i f that drafted with the terms of disposition agreement and it's champion blend it was adopted in 2011 if this item is move forward today it will catch up with the items in committee on october 15th and considered at the full board at a future hearing with the those other items include the intention to form the two districts if those are approved before our break this year we will expect 9 public hearing on the formation of district and the vote of the property owners within the distract will occur at the

district and community facilities on treasure island t the fooid are for the treasure island development ifd and efd so to reimburse costs by the developer as well as to help fund the affordable housing development on the island the cf d will reimburses certain infrastructure costs as well as creating a capital reserve for sea level rise and a imperpetual fund for the three hundred acres of parks and part of treasure island program the resolution relates specifically to the financing plan, which is the guiding document for did formation administration of the infrastructure revitalization and financing district t the i f that drafted with the terms of disposition agreement and it's champion blend it was adopted in 2011 if this item is move forward today it will catch up with the items in committee on october 15th and considered at the full board at a future hearing with the those other items include the intention to form the two districts if those are approved before our break this year we will expect 9 public hearing on the formation of district and the vote of the property owners within the

continued to december 6th with the other treasure island resolutions those are approved before this ifd and efd. >> i was going to make a motion to continue to december 6th to touch up the other items that were heard at the budget committee on the remainder of the ifd. >> to continue to the meeting of the december 6, 2016, seconded by supervisor tang colleagues without objection, without objection that will be continued to the meeting of the december 6, 2016, madam clerk please call item 13 and item 13 a resolution to endorse the term sheets bang the national rec and park for a memorandum of understanding an mou outlining the alcatraz site at piers 31 through 33 to include the ferry serves to alcatraz island selected by mp s with the national parks contingency for thex. of the mou from the boyd policy. >> seeing no other names on the roster, colleagues, can we take that same house, same call? without objection the resolution is adopted unanimously item 14. >> a resolution to authorize the execution and delivery of certificates of participation on a tax exemption representing an agency c

down ifd she will step they can agree to a civil transition of power.amsung was also drive into the scandal. the european commission's chief negotiator says there will be a small window to seal a break the deal. talks may begin in as little as 15 month. because the european parliament deals, that the will happen in the second half of 2018. the british government says it won't talk about brexit negotiations at the end of march. global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. i am haidi lun, this is bloomberg. oil is trading near a two-week low. opec failed to agree wednesday to cut output to stabilize prices. at the vienna talks, saying it will refuse to lower production despite pressure from saudi arabia. >> all the options are on the table and they will be discussed. we need the rationale in any decision we make to be conclusive. let's get the latest, we are on the phone now with a reporter from a vienna. talks aboutil opec the deal. the details are shaky. what happened, if there is no deal? >>

district and community facilities on treasure island t the fooid are for the treasure island development ifd and efd so to reimburse costs by the developer as well as to help fund the affordable housing development on the island the cf d will reimburses certain infrastructure costs as well as creating a capital reserve for sea level rise and a imperpetual fund for the three hundred acres of parks and part of treasure island program the resolution relates specifically to the financing plan, which is the guiding document for did formation administration of the infrastructure revitalization and financing district t the i f that drafted with the terms of disposition agreement and it's champion blend it was adopted in 2011 if this item is move forward today it will catch up with the items in committee on october 15th and considered at the full board at a future hearing with the those other items include the intention to form the two districts if those are approved before our break this year we will expect 9 public hearing on the formation of district and the vote of the property owners within the

district and community facilities on treasure island t the fooid are for the treasure island development ifd and efd so to reimburse costs by the developer as well as to help fund the affordable housing development on the island the cf d will reimburses certain infrastructure costs as well as creating a capital reserve for sea level rise and a imperpetual fund for the three hundred acres of parks and part of treasure island program the resolution relates specifically to the financing plan, which is the guiding document for did formation administration of the infrastructure revitalization and financing district t the i f that drafted with the terms of disposition agreement and it's champion blend it was adopted in 2011 if this item is move forward today it will catch up with the items in committee on october 15th and considered at the full board at a future hearing with the those other items include the intention to form the two districts if those are approved before our break this year we will expect 9 public hearing on the formation of district and the vote of the property owners within the

district and community facilities on treasure island t the fooid are for the treasure island development ifd and efd so to reimburse costs by the developer as well as to help fund the affordable housing development on the island the cf d will reimburses certain infrastructure costs as well as creating a capital reserve for sea level rise and a imperpetual fund for the three hundred acres of parks and part of treasure island program the resolution relates specifically to the financing plan, which is the guiding document for did formation administration of the infrastructure revitalization and financing district t the i f that drafted with the terms of disposition agreement and it's champion blend it was adopted in 2011 if this item is move forward today it will catch up with the items in committee on october 15th and considered at the full board at a future hearing with the those other items include the intention to form the two districts if those are approved before our break this year we will expect 9 public hearing on the formation of district and the vote of the property owners within the

onle tuesday, a the look of peopleof have been asking the question about the electoral college and ifd it should stay in place. the reason is be vote, but donald trump will be our 45th president.pr in that conversation, a lot of people are pointing to some of donald trump's tweets where he may have said that he was opposed to the electoral college as well. the first one i want to show yoo is from 2012 where donald trump said that the electoral college was quote, a disaster for democracy. now i want you to look at aat tweet that he posted today where he said that the electoralecto college is actually genius inus including the spaller ones into play, campaigning is much different. senator barbara boxer off california, she introduced legs to stop the use of electoral college. we're running a poll on my twitter page getting yourour thoughts. should we use the electoralctor college or should we look to the popular vote. we're looking for you not to just vote in it. tweet me, tell me why you feelfl the way you do.o. finally the reason why we're on the we're going to talk about the hill. most

district and community facilities on treasure island t the fooid are for the treasure island development ifd and efd so to reimburse costs by the developer as well as to help fund the affordable housing development on the island the cf d will reimburses certain infrastructure costs as well as creating a capital reserve for sea level rise and a imperpetual fund for the three hundred acres of parks and part of treasure island program the resolution relates specifically to the financing plan, which is the guiding document for did formation administration of the infrastructure revitalization and financing district t the i f that drafted with the terms of disposition agreement and it's champion blend it was adopted in 2011 if this item is move forward today it will catch up with the items in committee on october 15th and considered at the full board at a future hearing with the those other items include the intention to form the two districts if those are approved before our break this year we will expect 9 public hearing on the formation of district and the vote of the property owners within the

funding good this week there's been articles published about [inaudible] island and the future of the ifdervisors is holding this up looking for more affordable housing. yesterday the board of supervisors discussed this at their meeting could i don't know what the outcome was but i also learned to a friend of mine-i don't know that's true or not-but they live in the affordable housing. but she and a few others are being offered been selectively authored to move off the island but won't be able to make back if they take the section 8 housing their offered it apparently does not being offered to everyone in the pearl jam to needs to be checked. if residents move out of the tie-dye housing will tide i go those vacancies or will those homes remain vacant? basically can you give us an update on the board of supervisors meeting with ed discussed funding and what is the relationship between the funding and the offer that i just mentioned. if any. second, were having a problem on the bus. the past month or so sf mta is noticeably targeting the 25 [inaudible] i would've a problem doing fair inspec

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and i are censured concerned about the likelihood on the state efforts for e rap and to extend the ifdor 5 years and other colleagues mentioned the potential local bonds and i also think there is a commitment to treasure island and i think that is critical that we follow through but needs of other districts my colleagues mentioned it is important but a commitment made to treasure island in this development to see strong affordability the letter we received from sherry the director of tihdi emphasize the homeless and veterans and project but the charities with the mercy housing is critical for treasure island and the many families that and people that currently live on treasure island as well i'll be supporting that and supporting effort in the last few days a few few of us sure we're living up to the affordability but up to the next board to share there are bonds that move forward their equitable looking at the treasure island and thank you to supervisor peskin for raising the key concerns about this and i shared those concerns we'll work with kim and others to get more clarity on what

passion for our great country.oy we will all come together andher proud ". " >> some people are wondering ifd that was trump himself that tt wrote that or somebody actually finally managing his twitter account.ac back out here live at the trumpp international hotel, i believe l that these barricades that weree put up yesterday by the secretes service probably going to stickk around here for while. we just don't know at this poini how long protesters plan to come out and whether it's goingoi continue like this throughs thrg inauguration day. one other thing we shall mentiol guys all the police out hereer from what i understand they'redt on overtime detail.imel back to you. >> mel, thanks very much it getg deep when you go online andine start looking into the twitterhe because as melanie justelan jus mentioned a que trump tweets or staffers who dod it. people on live disectioned thiss to sayec they think these tweets come from iphone, androids andro staffers posting from i phones.e trump posting from an android.no people are questioning can he qi still tweet as the president?nt >> right. >> you

that launched yesterday.st go to washington wizard.com/custom ink design your own wizards t-shirt and ifd you win, your t-shirt will be sold in the verizon center team store. store. >> very cool. >> you can have wizards fan,ds f john wall, bradley biehl. bie >> everybody sporting your gear. >> exactly.xactly >> i think we shall get in oninn that contest. >> we should design a t-shirt.-t >> what is this dak?s dak >> keep talking.>>p ta >> the heavy weight champion off >> this is our custom made belt right for wisdom.wisdo it looks good on your shoulder,o man. >> it does. >> it feels good. >>he feel like the rock overdoes here back in the dayk . >> the washington wisdom. wdom. put it on. >> i like that. lik >> do you think it will fit. >> hold on. o we'll hold the other stuff.tuff >> you're new to the squad.w tod excited for the new season kickk off tonight, tip off tonight i guess.s. >> we're so excited.re s >> i love it. >> my waist is too small i can'c get it on. >> it's too small.ll >> um-hmm. >> it looks better on the shoulder. >> there you go.t lo >> tuck, why you looking at mehl like

wi mary wells, the four tops,r top temptations and rick james ifd you love the musicri from the fm motown era, you are sure to t enjoy our next guest who is coming out in tribute to the motown diva miss diana ross. her receiving that presidentiali medal of freedom.reom the legendary singer isger i performing for three nights at the kennedy center but if youfou weren't able to get your ticketc to that show, we have the next best thing. d.c.'s best drag 16 shaquita lee is here stopped by the loft in i the illusion of the motown diva herself diana ross. r ?? >> i'm coming out, i want theant world to know, got to let itt show ?? >> ?? i'm coming out, i want the world to know got to let it show ?? >> ?? there's a new me coming out and i have to live and i and just want to give, completely positive i thi around i am going to do it likek you never knew it, oh, i'll makk it through ?? >> ?? the time has come for me to break out of the shell, i have to shout that i am coming out ?? >> ?? i'm coming out, i want the world to know, i got to let it i show ?? show ?? >> ?? i'm coming out, coming iog wa

district and community facilities on treasure island t the fooid are for the treasure island development ifd efd so to reimburse costs by the developer as well as to help fund the affordable housing development on the island the cf d will reimburses certain infrastructure costs as well as creating a capital reserve for sea level rise and a imperpetual fund for the three hundred acres of parks and part of treasure island program the resolution relates specifically to the financing plan, which is the guiding document for did formation administration of the infrastructure revitalization and financing district t the i f that drafted with the terms of disposition agreement and it's champion blend it was adopted in 2011 if this item is move forward today it will catch up with the items in committee on october 15th and considered at the full board at a future hearing with the those other items include the intention to form the two districts if those are approved before our break this year we will expect 9 public hearing on the formation of district and the vote of the property owners within the dis

district and community facilities on treasure island t the fooid are for the treasure island development ifdmburse costs by the developer as well as to help fund the affordable housing development on the island the cf d will reimburses certain infrastructure costs as well as creating a capital reserve for sea level rise and a imperpetual fund for the three hundred acres of parks and part of treasure island program the resolution relates specifically to the financing plan, which is the guiding document for did formation administration of the infrastructure revitalization and financing district t the i f that drafted with the terms of disposition agreement and it's champion blend it was adopted in 2011 if this item is move forward today it will catch up with the items in committee on october 15th and considered at the full board at a future hearing with the those other items include the intention to form the two districts if those are approved before our break this year we will expect 9 public hearing on the formation of district and the vote of the property owners within the distract will occ

funding good this week there's been articles published about [inaudible] island and the future of the ifd. minors in the board of supervisors is holding this up looking for more affordable housing. yesterday the board of supervisors discussed this at their meeting could i don't know what the outcome was but i also learned to a friend of mine-i don't know that's true or not-but they live in the affordable housing. but she and a few others are being offered been selectively authored to move off the island but won't be able to make back if they take the section 8 housing their offered it apparently does not being offered to everyone in the pearl jam to needs to be checked. if residents move out of the tie-dye housing will tide i go those vacancies or will those homes remain vacant? basically can you give us an update on the board of supervisors meeting with ed discussed funding and what is the relationship between the funding and the offer that i just mentioned. if any. second, were having a problem on the bus. the past month or so sf mta is noticeably targeting the 25 [inaudible] i would've

issuing that process with you today in terms of backward on the collections that finance that flow to the ifdnd efd starting with the operational within tpr the district that's the one percent property taxes and the go bond gas stations out of the property taxes 35.3 percent of that goes to the state and other regional agencies and roughly 65 percent is for the city of san francisco under our financing plan 56.7 percent of that tax is dedicated to the infrastructure financing district and an additional 8 percent of that flows to the general fund but subordinated to the financing of district helps to provide a ratio for the debt issued the bonds issued against the district the cf z is the special tax assessed on properties within the cf d in addition to the traditional property taxes so the recommendations is that we have before you are 3 resolutions to fibrillator the formation of index rfp and two resolutions for the frorms of cf u those will be followed by a number of resolutions which we're introduced at the full board yesterday as well as two ordinances one of these recesses approving the

funding good this week there's been articles published about [inaudible] island and the future of the ifd. minors in the board of supervisors is holding this up looking for more affordable housing. yesterday the board of supervisors discussed this at their meeting could i don't know what the outcome was but i also learned to a friend of mine-i don't know that's true or not-but they live in the affordable housing. but she and a few others are being offered been selectively authored to move off the island but won't be able to make back if they take the section 8 housing their offered it apparently does not being offered to everyone in the pearl jam to needs to be checked. if residents move out of the tie-dye housing will tide i go those vacancies or will those homes remain vacant? basically can you give us an update on the board of supervisors meeting with ed discussed funding and what is the relationship between the funding and the offer that i just mentioned. if any. second, were having a problem on the bus. the past month or so sf mta is noticeably targeting the 25 [inaudible] i would've