so lenare must cover the increases attributable and oci must cover the tax credit units.s has been described before alice griffith was awarded a choice neighborhood's initiative with 21.35 million of that going to construction of the new units and the remainder is for community improvements. >> and i know that you have heard this before the grant comes with some strict funding deadlines and deliverables and most important of which units delivered by september of 2016 and a portion by by 2017 and the funds being used on the first 3 phases. there's five phases in all. >> on on july on july 15th, 2014, in the slide you saw at that time the commission approved 2 loans one for phase one and one for phase 2 to cover the base subsubsidy and a portion to cover the cost over runs and also lenare funds to cover their portion of the cost over runs. while the dda require that all the subsubsidy doesn't explicitly state when it be delivered. in the cases of phases 1 and 2 won't be needed until construction is complete lenare requested they provide the funds provided closer to the time

all the lenar representatives. also mike goreman, mr. sanchez and the k hill representative that are here today. the bay view stakeholders at bay view hunters point. without you this could not happen. and last but not least, it is very important that we hire small businesses throughout the community. last but not least, what we're going to do now is actually going to ask all the persons to follow bj. bj, come on up. you're going to take your hard hats, you'll proceed to the golden shovel and we'll take our picture. thank you all for coming in. as soon as that's over there is food for you to partake. thank you very much. [music] >> i'm your host of "culturewire," and today, here at electric works in san francisco. nice to see you today. thanks for inviting us in and showing us your amazing facility today. >> my pleasure. >> how long has electric works been around? >> electric works has been in san francisco since the beginning of 2007. we moved here from brisbane from our old innovation. we do printmaking, gallery shows, and we have a fab

all the lenar representatives. also mike goreman, mr. sanchez and the k hill representative that are here today. the bay view stakeholders at bay view hunters point. without you this could not happen. and last but not least, it is very important that we hire small businesses throughout the community. last but not least, what we're going to do now is actually going to ask all the persons to follow bj. bj, come on up. you're going to take your hard hats, you'll proceed to the golden shovel and we'll take our picture. thank you all for coming in. as soon as that's over there is food for you to partake. thank you very much. [music] order. >> ready now i'll call the meeting to order. >> roll call. >> commissioner president katz pr commissioner brandon commissioner ho approval of minutes for the in front of 8 2014 meeting. >> note the absence as well. >> for the record. >> yes. sxhadz unable to attend due to a meeting and commissioner murphy is out ill approval of minutes informs for the in front of 18, 2014 meeting. >> second. >> all in favor

all the lenar representatives. also mike goreman, mr. sanchez and the k hill representative that are here today. the bay view stakeholders at bay view hunters point. without you this could not happen. and last but not least, it is very important that we hire small businesses throughout the community. last but not least, what we're going to do now is actually going to ask all the persons to follow bj. bj, come on up. you're going to take your hard hats, you'll proceed to the golden shovel and we'll take our picture. thank you all for coming in. as soon as that's over there is food for you to partake. thank you very much. [music] >> we came to seven straight about 10 years ago. -- 7th street about 10 years ago. the environment is huge. it is stronger than willpower. surrounding yourself with artists, being in a culture where artists are driving, and where a huge amount of them is a healthy environment. >> you are making it safer. push, push. that is better. when i start thinking, i see it actually -- sometimes, i do not see it, but when i

all the lenar representatives. also mike goreman, mr. sanchez and the k hill representative that are here today. the bay view stakeholders at bay view hunters point. without you this could not happen. and last but not least, it is very important that we hire small businesses throughout the community. last but not least, what we're going to do now is actually going to ask all the persons to follow bj. bj, come on up. you're going to take your hard hats, you'll proceed to the golden shovel and we'll take our picture. thank you all for coming in. as soon as that's over there is food for you to partake. thank you very much. [music] easier. >> do you know know your greg giving hurts from your wifi you may think that computers are kufz but when you know what you need it gets easier. a computer is made up of many different parts and each part as a specific job the k public works u is the brains of the compute. it's where all the work is done. current computers have multiple coarse it means it has multiple k public works ushthss working together

web link and the deal here is that mechanical removal creates more jobs and local jobs i think that lenare is trying to accelerate its process and save money and we need to protect the public and tell them sorry. and the final thing is a mechanical demolition makes it much easier to reuse materials we need to save those materials not blow them up. thanks. >> thank you. [applause]. >> mckenzie. >> thank you. commissioners i'm dennis mckenzie diamond consulting and education it's -- i've been writing for 25 years and i also teach high school for the last 13 years and my comment today was about the eir being presented between your department and the planning department so my comment today on this issue is that my proposal -- i've could i've asked last week to use the opportunity as they begin the process of eir to study my proposal for high school classroom inside the arena and the issues here today already -- my proposal is to deal with the positive affects of education and what this proposal can mean for our city and entire environment and again, we're talking about these last items have be

what was done later we met with the planning commission, lenare developers as well and golden gate law school gave me a call and i used to teach at at uc berkeley environmental chemistry and engineering we never reviewed this document. we asked definitive questions and i'll submit a copy of what we asked for in terms of how the implosion will take place. this is grossly inadequate and not reflecting the conditions in the community. if you look on on the screen over here -- the outer line is defined on that -- thank you. that works perfect. this outer line is called fine dust under their document and the inner line is the heavy dust and magically they are saying that the laws of physics do not exist in bay view hunter's point and if you ever turned in a paper to me at to me at uc to me at uc berkeley and you didn't submit the designs you would have an f. this was submitted without any scientific evidence. right now bay view hunter's point -- on particle on particle ates when i did my air studies back in the nineties we found that the asthma rates for the children in bay view was 55 perc

the last condition pertains to the need for coordination between the alice griffith developer and lenare and a private lane also called midblock break on the 4th site and the verbal is the developer for the design however certain interim improvements are necessary. and so therefore we are seeking to ensure the developers coordinate and any plans are subject to oci review. >> in addition to beautiful designs you also and as you can see we have over 90 percent and look at the development to date including blocks 2, 4 and 1 we're looking at over 70 percent of all contracting opportunities. on the workforce site the project also needs to comply with local and federal requirements. and will be executed shortly. for block 1 projects between 200 and 250 construction jobs totally approximately 5 thousand labor hours. later this week, on the 18th, the san francisco housing authority will review the location plan talking about eligibility requirements and benefits for public housing residents. and the first residents will be moving into their new units in december 2016. this concludes my presentat

>> my question is on the portion of lenare's contribution there's a letter of credit. what is that portion? how large is that portion? >> i'm sure jeff white -- are you asking the amount. >> yes, i believe it says a percentage it says a portion -- they are not wanting to put up the money right away, right? >> right. >> but the way they have, i guess compromised or made a solution offer with the irrevocable letter of credit. what's what's the percentage go ahead. >> the amount right now of the cost over runs -- what was in the july -- what was approved in the in the loan agreement in july estimated at 14 million. we have slightly improved cost estimates approaching that the cost over run 10 million for the 2 phases so that's the amount we're looking at right now and that would be the amount that the letter of credit would be for. >> okay. and then the other question -- i think this is for annabelle -- thank you. >> thank you. >> the relocation plan eventually with the san the the san francisco housing authority that's still in the planning stage? >> so there are certain