we awarded, when i say we, what i'm really talking about ocie administered contracts. so we in the larger sense are general contractors, developers, their rewards that we administer. overall if there are 11 contracts totaling about $54 million. here are the examples of credits and participation. the total sbe credits granted ventures associations. the participation totals to about $33 million or 62 percent. still above the 50 percent threshold that we have. in terms of a break down between professional services and construction and supplies, as you see later on in the slides, what we have looked at and there are distinct activities between professional services and construction we have worked those components out. consistently those professional services have exceeded our goal of 50 percent. what you see here is a the total of a half million dollars and that constitutes about 52 percent. construction we typically are either below or at margin with that 50 percent. i have to be quite honest it's rather difficult for construction in the sense for the barriers to entry in

so later this year, oci will have to go out to bid for these services. so here is an overview of which director bohee covered. oci manages the park on behalf of cie and by the community facilities district no. 5. the park underlying ownership of puc. we have over 13 acres of these parks completed and the fourth park under construction that we are here before you today. so, you have a handout as attachment one. i'm going over the parks, the four parks that we are here today and we are going to start with p 6 which is the children's park and i was also before you for the commission to approve this schematic design for the children's park which is for this completion. just a refresher her e of the site layout. the commission of mission bay is extremely excited about this park and we hope to open it up july or august. we will get back to the commission on the exact date and invite everyone for that opening. here is another rendering. it has a play area. it's going to have a lot of users so we anticipate a lot of maintenance will be required for this particul

it's either the hoa or is it the oci or is it ed lee? who is in control? who can i ask -- i have two minutes. who can i ask who is control in the western edition? let's zero it down to the heritage center. i know i get paid for cleaning their garbage, emptying your garbage, checking your lights. yeah ace washington. i have been doing that for eight months and i just signed another year contract. i am not just there to clean the toilets and i am there to learn the business because it should have been our garage. the cars are ours and the garage belongs to us. you are talking about you're responsible to the state. that's why i want the federal government to come in and i reached the plateau in the city. i'm going to by pass going to see governor brown and this is the fourth time around and if he doesn't know what is going down. the black population is going down and you have michael johnson and took the money and he's gone [inaudible] my question is -- the timer. i want to know when my time is up because i don't want you calling the sheriffs. who is in contr

ocie has been working very closely with mjm in order to reduce management fees since we know that we plan to bring on additional parks in the future and we have to contain cost but at the same time keep the level of security as well as maintenance that people have come accustomed to and we think we can achieve that by spreading out some of those cost. the reason why it doesn't have the same management fees because it has different intensity level and we have achieved savings and we can talk about that in greater detail if there are questions. this is the estimated months they will be in operation during this year. it's an estimate again. if the park opens slightly later then we won't pay for those management fees structured as such. and then i just want to go overwork force compliance. mjm is a -- owned business. they have moved out of that category, three of the subcontractors are sb and they have 58 percent of the contract, the three sb's that are listed here. i think that concludes my presentation. i have mary cruz and -- who are extremely familiar with the parks as well as the pa

at the beginning with the approval of a contract, the fa will participate with the oci; and the city controller of public of finances for the services of these bonds. a fiscal consultant will also be selected who will be bringing you all of these contracts in the upcoming weeks and months. we'll be back also with the basic bond documents and approval to proceed then we'll see approval of the oversight board and the department of finance and the final documents and details of the schedule will be worked out in the coming weeks and in my subsequent presentation give you estimated dates for those and this concludes my presentation. thank you. do we have any speakers? >> mr. ace washington. >> i ain't got no time for errors even though i'm switching over. we have here this whole new everything on the mission bay as i spoke about it last time as i spoke on mr. jim jefferson. i think everybody would agree if you don't want to hear from me. let's try to put a committee together folks to recognize mr. jim jefferson in the mission bay. i'm announcing formulating the new committee to recognize

to be executed that the work be in compliance with state laws governoring hazard ous materials and oci insured through contracts through sfta. summary of dispose at cost. the cost to approximately 5500 tons at $135 a ton. there is also administrative and operational cost to conduct analytical test on the soils and maintain the stock piles in compliance with regulations. for the quantities estimated, the cost comes out to $42,000. the cost saefsz savings from the disposal to an ordinary landfill. since area three soil is covered by stock pile, the exact quantity can only be estimated at this time since the area is necessary. it's making the total cost of the disposal $1 million. there is a covered stock pile on the bottom left-hand corner previously authorized in amendment no. 1 for disposal and it's not subject to this amendment. area one stock pile is in the lower right hand corner is presently in the way of critical items of work. contract extension. the completion date of the project has been extended due to contaminated materials for the completion dates of april 20, 2015. there ar

outreach that we have done in the community and kind of the bmr also and we partner closely with the ocie and housing and development. we worked really closely with laush ann's office. our community office has been around the cac and a lot of work with fhc and events within the the community and existing events like black cuisine and being part of the community and having information about the home ownership opportunities and that will be there for the next 10-15 years and open house also which rolls into the targeted bmr which did our partnership with noh and cd and ocii. those are examples that we did on the ground and presented to the full cac and the full 2013 and when we first joined and we did a subcommittee a couple weeks later to go into detail about 50 and 51 which was what we had available at that time. we are going to speak about 54 which we'll go public early next month. we did workshops september 13th last year and we've had two this year in january and march with shfc again. at our workshop in september we had one participant and in january 15th and 20. and it's great to see

so ocie no longer has any employees at soutd beach harbor. this agreement has no real change to their terms and conditions of employment. and the tennants at south beach harbor have been expecting this since their solution and they have been very regular monthly stakeholders meetings and the question is when is this going to happen, not whether this happened. so there is a lot of opportunity for public input on this from the stakeholders. these lease terminations were heard from the port commission in january and were acted upon in february unanimously and with no opposition at the port commission. the port commission was very complimentary of the staff in reaching this point. one of the things that did help as you may remember some time ago this commission was involved in raising birthing fees at the harbor and that allowed the harbor to get more stainable and the staff was comfortable that they knew how to move forward and they have reached that level with the expected plans in increased fees. so the implementation of this agreement is cond

the biggest faller is oci nv. it is selling off its construction unit.are being listed in dubai and egypt. this is a fertilizer producer owned by an egyptian billionaire. he's separating off the construction area to be listed in dubai. down goes oci as that change comes through its overall strategy in the way this company is put together. lafarge down by 2.3%. lafarge is a cement maker in the midst of a deal with olson -- with holcim . the deal terms may be changed. many feel that lafarge's terms are a little too favorable for it. we could see them change. analysts think overall, the deal will get concluded. perhaps not much of a win for lafarge. shares off by almost 2.3%. on the green side, one of the banks benefiting from the unleashing of 1.1 trillion euros of bond purchases. could be helping a couple of these peripheral italian lenders. but come on capacity. -- banca monte paschi. keep an eye on that one. jonathan: thank you very much, caroline. it is the qe kickoff. mario draghi launches the fight against inflation in the eurozone with quantitative

the chart provided here is the industry classification followed with the oci standards with construction contractors. we have 14 million size standards. shown from the column there are the size standards, not proposed but will take effect july 1st by the city and county of francisco. they do certify businesses under three classification those being small be and micro be's and sba under federal standards. what will take effect on july 1st, the size standards for the small businesses for construction will go to $20 million. i believe it's at the 14 current. specialty construction contractors will go to 10, suppliers at 10, professional services will remain at 2.5 and trucking at 3.5. how we are dealing with discrepancies in terms of the professional services at least on a current basis, the way that we handle lbe certification in our program is we look at lbe's that are certified and take the added level of scrutiny to ask for revenue figures to ensure that the lbe false -- falls below the current threshold. we are in with consistent contractors and with suppliers. but come july 1st becaus

to the success or agency, to the redevelopment agency otherwise known as oci;. i have lived on mission creek for 30 years. i have seen a lot of changes in the neighborhood particularly the last ten. we really are very grateful for the change in the boundaries. we are also very welcoming of the police to mission bay. we are looking forward to having you all there. we've kind of felt like orphans. mission creek has been the dividing line between bayview and southern and it's extremely difficult for the police and for the community to deal with this split. we don't want to perpetuate the split by putting the line short of the boundary of mission bay. i sent you all a letter with a map. all we are asking is that mission bay, all of mission bay from mariposa around the curve of the 280 freeway and trains up to 16th be included in southern station. we are looking forward to having the warriors, but i don't think it's easy for the police department to deal with two different jurisdictions when the warriors are going to be on one side of the street in southern and bayvi

outreach that we have done in the community and kind of the bmr also and we partner closely with the ocie and housing and development. we worked really closely with laush ann's office. our community office has been around the cac and a lot of work with fhc and events within the the community and existing events like black cuisine and being part of the community and having information about the home ownership opportunities and that will be there for the next 10-15 years and open house also which

outreach that we have done in the community and kind of the bmr also and we partner closely with the ocie and housing and development. we worked really closely with laush ann's office. our community office has been around the cac and a lot of work with fhc and events within the the community and existing

outreach that we have done in the community and kind of the bmr also and we partner closely with the ocie and housing and development. we worked really closely with laush ann's office.

the moa currently provides for discussion with us between ta and oci under change orders so we're involved in the whole process. it's unfortunate we have a number of these unsore seen things but i want you to know we were involved with this as the discussions came up. we hope we don't require anything more for the depletion of the reserves but it's a good practice to maintain that. anything not dispeshs side retained. as refin mentioned we're still in negotiations with caltrans around the stock pile soil and that is an additional thing we may have to come back for additional funding but we don't know that today but separate from that we hope this is sufficient to finish the project and again sometimes you don't know in an excavation project like this so i wanted to clarify that for you. >> sure. caltrans doesn't have a good history or track record of doing things on time and on budget and we see that through the last bay bridge we tried to build; right? so i don't think this is the last of it. >> that's why cal trans is not doing the reconfiguration work and we hired the ta to do that work

development will be present and i will be part of that along with jeff white from our housing division, oci housing division. >> do we have the list for the bmr units we are going to be giving? >> if i may, commissioner you are saying the selection for phase 1a are part of your table and what page is the bmr selection on? it's in your schematic design. i don't recall the page. it's in there. would you like to look at it right this second. >> i just want to know that you have it. >> page 18 is where it is. >> i want to know the people who are going the get this bmr. >> i understand. of course the plan is to have as many certificate holders as possible, as many bayview residents as possible. >> we'll hear about this in the next commission meeting. there are other approvals. if we prove this item today, there are other approvals on this project. >> yes, the message is very clear from this commission, you are very hesitant to approve future phases on this block and future phases without knowing this information because you are very concerned about who is getting units and the affordability bein