oci rental units that were available.however, the city did have through the value system 554 opportunities for affordable housing 519 were rental and there were 35 ownership opportunities and the prices of those affordable housing ranged from 30% area income which is very low income. very few of those units were available to around 80% of area median income which is like a middle income 80% of those units were available to households that were over 51% area median income. that's how how much they cost and our our clp holders average income was about 44% of the area median income. >> so while there were 500 and 19 units that a good number of them were higher priced than our average certificate of preference holder could afford . >> so how do we still get people in housing? we utilize subsidies from the the the city the city invests about $46 million in rental subsidies every year and because the certificate of preference holders are at the top of every list, if there is a subsidy available they get it. >> 75% of the people

i believe i would have to refer to my colleagues at oci. >> i'm sorry supervisor that's okay. i don't have the knowledge our understanding is that this person was originally owned by the city and then sold to safeway for okay thank you. >> okay thank you. supervisor antonia from the office of economic and workforce development. that is correct. the parcel was sold by the then redevelopment agency to safeway around 1980 one. >> at that time the redevelopment was no longer it was the site was built out according to the redevelopment plan and all obligations under that agreement were satisfied with the construction of the grocery store. okay. when redevelopment was dissolved okay, i was no longer had any jurisdiction over the site itself and in fact the state did not allow oci or would have prohibited oci from participating in any further actions on the site itself. >> understood. and a question for a city attorney as part of this land purchase that agreement would say if we in the past just to confirm is this agreement still in effect or not? >> deputy city attorney brad rossi,

i believe i would have to refer to my colleagues at oci. >> i'm sorry supervisor that's okay. i don't have the knowledge our understanding is that this person was originally owned by the city and then sold to safeway for okay thank you. >> okay thank you. supervisor antonia from the office of economic and workforce development. that is correct. the parcel was sold by the then redevelopment agency to safeway around 1980 one. >> at that time the redevelopment was no longer it was the site was built out according to the redevelopment plan and all obligations under that agreement were satisfied with the construction of the grocery store. okay. when redevelopment was dissolved okay, i was no longer had any jurisdiction over the site itself and in fact the state did not allow oci or would have prohibited oci from participating in any further actions on the site itself. >> understood. and a question for a city attorney as part of this land purchase that agreement would say if we in the past just to confirm is this agreement still in effect or not? >> deputy city attorney brad rossi,

everything was i made a, it was an on order oci. and that's i compare the mid eighties the rest, the european system of the dozens, and what is going on now in the western european system offensive. and there was an emperor and with the emperor and the kings, and the lots and the service. there was an unwritten cool nation or compromise that they had done some responsibilities to each other. there was a hierarchy essentially what yes, there was the guy was a higher can. there was a reason, a commitment to each other. let's say when it will damper us for, let's say soldiers thinks we're sending them and then were there was a legacy problem between the kinks. then emperor would fold up towards the end. and that's what i like about your idea of, uh, sort of new rendition of global feudalism is that essentially, you are arguing that the west or the united states will try to re impose the system once again onto the world in the digital form. now the question that i have is whether 1st of all i find it's rather paradoxical that it's the u

became a tourist attraction for them and know every visit to the golgi because it takes us toilet with oci that does that, that it's just, it's an incredibly beautiful gorge like almost a cross sectional class, he's got to enroll to reach stunning pests backed his bushes of bon meadows. i think seeing such beauty is a real treat for someone coming up from the plains. yeah, it's dangerous, but suddenly the views with if you stay fall apart from the edge, i'm what role does this gorge play? local believes, traditions, legends, i've heard that there are some treasures hidden deep inside the mountains. is that true? saw the great pressure in these mountains is the people who live with them, or if they settled in this region and have managed to survive funded show. and you can conditions creating a unique culture a vessel learn if. and they continue to live here rejecting more than comfort. so you still have like a, they could have moved to the plains, but they chose to stay here. i knew they loved this area and content mission life, anywhere else near these people a truly the mountains, greate

thing that donald trump is out doing is out promoting meeting the oligarchs around the world, mostly oci stone, or will have had been some on the crown prince of saudi arabia and others, and getting commitments about the dollar a level of investment that they will invest in the united is wanting a trillion dollars for mazda yoshi sound or a trillion dollars, you know, saturday way we actually pads, $600000000000.00 of investment directed towards the united states. and donald trump said, hey, let's raise it up to a trillion dollars. and i just interested, as you think about trade and investment, whether that kind of maneuvering matters when it comes to the fundamental economic bottom line. and some of these obsessions that trump has on rectifying america's great depths of boy, that's a complicated one to pat unpacked. but when it gave me an easy, you know, when china was investing trillions of dollars in the us, we didn't like it. we call the currency methylation, and it, it propped up lots of chinese, important to us which, right, which did cause problems and we have the time to shop. so

and larry ellison wonderful cto and going for ceo and together they're doing big things with their oci and we're seeing a lot of growth renewed at oracle and we first bought the stock three years ago and trading at sub20 pce and valuation standing ands earnings growth and there's a good runway ahead for oracle that continue to grow and $500 billion market and a lot of megaa cappers are t3+ trillion and a lot of head room there. charles: i love larry ellison's chance and getting ahead and that's investing in people and that's one guy you don't bet against and you're buying your own and salesforce.com and talking a lot on the show and earl reigns leading last week and uber was down and turned around and gone gang busters and they're calling uber tech now. what's changed over at uber. >> not a lot has changed and the analysts here and uber under dara becoming the ceo in 2017 was a profitable company with free cash flow and stock is not trading at expensive valuation and going for them and going with autonomous vehicles and going with them and san france and this is a company at core and c

they are a swing and a play structure which in agreement with oci and rec and park are better managedby the recreation and parks department. we are currently working with oca and rec and park on a joint community facilities agreement to ensure that the arts commission has the funding needed for the ongoing care and maintenance of these eight artworks. and acceptance into the collection will be contingent on this agreement. so we are recommending that the director of cultural affairs review and approve the agreement to meet oca his goal of transfer of assets to the city by the board by july 1st of 2025. so i will now turn it over to alison to provide you with a brief overview of these eight artworks. thank you mary. so on screen we have a map of phase one hunter's point shipyard and a map showing the location within the park. of the works that we are talking about today. >> first we have bayview horne by jerry ross barish. and some of you may be familiar with these works as mary mentioned. these have been installed for ten years now and you've likely visited the park and the shipyard.

as an initial conversation with our partners at the mayor's office of housing community development oci and mercy because two buildings that for the interest of time i'll leave their descriptions within the staff reports but in particular 607th street and the hunters point shipyard block 56 building will be coming online shortly. these two buildings already had waitlists openings and they are already actually processing some individuals off of the waitlist in one of the buildings as a result. so the housing authority was asked to whether we could amend our policy since there are already pbs's committed to these properties in order to meet the commitments. the following changes would need to be made to the policy. what you see before you but i'm going to actually go through them individually right now. the first one is we would need to ensure that the referrals are provided within our practice and precedent within a government agency not by a developer and or owner. and so the entity selected for this was the mayor's office of housing and community development who would be providing refe

lost their catering space and that eclectic kitchen which is up in the bayview which we built through ociding was also at it scenes could not taking new players and also the city funded program of into action which was another small building called ujamaa kitchen was also bring me added scenes so we had the black market one which was wildly successful there was a miso company that is actually now making over 2 to $3 million a year. a lot of these companies that are coming through these kind of kind of smaller entrepreneur or get your feet started being able to pay a low amount of rent they're actually adding to the city's income now they're actually getting a lot of contracts. they're actually expanding their businesses and going into regular retail spaces of their own now but they do need that time to incubate which is typically anywhere from 2 to 5 years to kind of build up the customer base, build their brand etc., etc. so at that time as i said all the spaces in bayview was oversaturated. there weren't any other spaces available to people in the community that were cottage kitchen ind