complete a transportation project like market octavia boulevard, there is an expectation that if the loan was more than the actual market value of the parcelland, that that would be repaid, because we are able to facilitate the construction of the market octavia boulevard. i do not know why this has only come ordered -- come forward so recently. i would hope that an issue of this magnitude, when it comes forward, i would hope we would be able to sit down and have multiple partners work out the solution to the legal issues that may have been brought up. i think that there are other ways that we can help to manage that. from my perspective of the reading, both of the transfer agreement, already in place, i think that is not release he said, she said, it actually clearly articulates that there was an expectation that if there was a difference in terms of the shortfall and what the city or read of it -- redevelopment agency is given, it would return to the agency. anyway, i look forward to working with multiple agencies and departments on this issue, but i think it is important that this obligation is stated as existing and i hope that we will

in response to that, the supervisor has agreed to leave the market octavia parcel alone, but changed it in other districts, which i think our -- are rm-3, and some other south of market. he is deciding to increase it to 100 feet from the corner and 2500 sq. feet for all the lccu's that are not in the market octavia plan. commissioner antonini: and that is all right with staff? >> it is better than the original. we would like it thrown out, but if that is a compromise -- commissioner antonini: or we could not approve and leave it as it is. >> you could just not do it. commissioner antonini: i will think about it. >> ok. commissioner sugaya: some blocks -- what is the average block? is it 400 feet? >> i think the width is 500 some odd feet, and 250 feet on the short end is the usual. commissioner sugaya: if it is 100 feet, it is practically the entire block in certain areas. >> if a store rents a space on the ground floor that covers the whole lot, they would have to not use 50 feet of the floor. that is the reason for the increase, as well as the floor area, actually. president fong:

in response to that, the supervisor has agreed to leave the market octavia parcel alone, but changed it in other districts, which i think our -- are rm-3,

called item 13, which is the progress on the octavia boulevard project, central freeway ancillary projects, and disposition of central freeway access parcels. we skipped items 9 and 10 to allow the public to speak on item 13 first. supervisor olague, do you have opening comments? supervisor olague: i have been involved with the octavia boulevard plan since sitting on the planning commission. because of this involvement, i have been concerned about the progress of the visions and goals. today's hearing is to bring a level of transparency to the progress, especially the sales and development of the remaining parcels and the ancillary projects. when i first took office, the sale to the boys and girls club race many issues about the timeline. many of the questions arose from the inconsistency of the specific sale with the octavia boulevard plan goals. the board amended the parcel agreement. today, oewd and the mayor's office of housing would give an overview on the development time line. at the call of the chair, i will ask that this item be continued and moved to the land use committee to hear a report from the city attorney about things. the

existing parcels into squares and rectangles, and selling the oddly-shaped remainders, mostly to adjoining property owners. those sales generated $5.40 million, for a total before market octavia plan adoption of $32 million. since the plan was adopted, the city has sold five parcels for a total of $21.70 million. finally, i would like to discuss where we are in the process of, as also mentioned, stitching together this neighborhood. approximately 943 units will be constructed on these properties. of those over 900 units, 492 are estimated to be at an affordable level, a 51.2% affordability level. i would like to cover some of the temporary uses. it goes without saying that several years saw land prices at lower levels than historical found in the city. it was unintentional decision, in addition to waiting for adoption of the market carpe diem plan, to delay sale of some of the larger parcels until the market recovered and the city would see a better sale price. while waiting for the market to recover, we heard from neighbors that they did not want to see vacant lots for the next five or 10 years. we pursued innovative temporary uses on some of these parcels. on parcels k and