of the transbay transit center and the commission under the enforceable obligations this have the parcels that flow through the tjpa has a key mission to assure the development of the affordable housing another structure in the transbay area a be complicated project one that requires multiple levels of financing and review the actions before i help to facilitate the overview project and further the project in a way that allows us to continue with our obligations as well so with that, introduction i'd like to ask courtney bash if the transbay to talk and representatives from the tjpa are here as well. >> hi, i'm courtney the acting project manager for the project area we're having technical difficulty oh, there we go thanks dawn a brief history of the transbay project with the enforceable obligation i'll run through this quickly as a background in 2003 the state impacted 8812 the don't guess for the construction of the new transbay center the tangle or the tjpa is responsible for planning constructing and eventually operating the new transbay center also in 2003, the tjpa the city and stat

so as you know, we have a tifia loan, that closed in 2010, and this is and the state owned parcel and over time, over the next 36 years, until 2050, it is expected that this will generate over 950 million in revenue, and it is a great long term repayment source, for a long term loan like tifia with a 35 year plan and, we have a rating for a 35 year loan with tifia and it is not a mature, credit, yet. though. and we received our first tax increment this year, about a million and a half dollars over the next four years, until 2018 and it has paid it that we will collect about 9 and a half million in net tax increment and so not enough to go out for a short term loan. on our own and be solely backed by tax increments. and the tifia loan does have conditions for disbursement and the two key conditions are selling 429 million dollars worth of the former state owned parcel and we are at 222 million now with the sale of parcel t, last year and 2013 and the block, 6, 7, this year and we anticipate reaching the 429 next fall, when blocks five and eight close in september and october respective

urging it for construction of the terminal itself additional security will be needed covenant on parcel o and o double prime those are the site of temporary terminal and b will be subsidize into 3 blocks block 4 on the northern portion will be a mixed use development and block 3 the middle site will be a public small business and block the one 0 the southern portion will be an affordable redevelopment those parcels will be made available for development on the temporary terminal is no longer needed in 2018 additional security requires an amendment to the option agreement that is before you today and subordination related to parcel f and double prime while the fingsz is outstanding occ will remain the right loans as long as it is adopted into a lockbox the lion adding about minimum value under the redevelopment plan like the affordable obligations the obligation will be released when the bridge loan is repaid subordination specifics that any party that ours block 4 affordable housing requirement required by occ to meet the affordable housing incentive of 35 percent for the

parcells is not a doctor.know he calls himself a forensic medical consultant, a medical investigator, and a professor. but is he what he says he is? >> so you call yourself a professor? >> yes. >> where are you a professor? >> i'm an adjunct professor at washburn university in topeka, kansas. >> reporter: but that, as far as we could tell, isn't accurate. we contacted washburn university. they say, while he has spoken to nursing students, he's not now, and never been an adjunct professor there. >> washburn university says that's not true. >> okay, i have a contract that states that it is true. >> can you show us that contract? >> i can. >> reporter: but he never sent us that contract showing he was an adjunct professor. he later said it was proprietary. >> i see him as a fraud. i mean, that's the best word i would say to describe shawn parcells to me. >> how about you? >> manipulator. >> very good con artist, is the way i'd put it. >> reporter: in missouri, deputies sheriff grant gillett and dustin jeffers sai

and this, it has allowed tjpa to maximize the sale prices for the former state owned parcels and block 8 that will close next october for 70 million dollar purchase price was put out to bid, originally in 2011, and received a high bid of 14 million dollars. and so, we made the decision at that time, to put off the land sales, and the era of 400 million grant was very fortuitus was allowed us to do that and kept the project going and the construction going on schedule, and it appears to have been a very wise decision and the difference between 14 million and 70 million for the same parcel with the same development opportunity. so the proceeds from the bridge financing will be used to certificate the trade packages some that have already been awarded but we will need new to proceed and we need the notices to proceed and they will need new authorizations in the early part of next year as well as the trade packages that will be coming before you in the coming months to award, and some soft costs including inspection and subguard premiums and the contractor reimbursables and our constructio

he said he's not heard from parcells in more than a year. when we asked parcells where's the body?age of obscenities. lenox jones says he's never heard back from you. >> he has. holy [ bleep ] excuse my language but i got [ bleep ] e-mails to prove him and i going back and forth and the fact that he ignores me. he's a [ bleep ]. you want to be truthful? he is a [ bleep ] and i'm sorry to cuss like this on your cameras but this particular case pisses me off. >> reporter: parcells added the coroner can pick up the body at his morgue in topeka anytime. with coroners and law enforcement so angry, why haven't they gone after him? captain mary chase says prosecutors might be worried. she says some of them may have used his autopsy reports to get convictions, convictions they don't want overturned. >> it could be a problem for that prosecuting attorney if that prosecutor has prosecuted somebody based upon shawn's findings, of course, that's a problem. >> reporter: for the prosecutor. >> for the prosecutor. >> reporter: so no one wants to go after him. >> no one has. no one has to this poi

parcells is not a doctor. he calls himself a forensics medical consultant, a medical investigator and a professor. but is he what he says he is? >> so you call yourself a professor. >> yes. >> where are you a professor? >> i'm at an adjunct professor at washburn university in to pique o., kansas. >> reporter: but that, as far as we can tell, isn't accurate. we contacted washburn university. they say while he has spoken to nursing students he's not now and never been an adjunct professor there. >> washburn university states that's not true. >> i have a contract that states it is true. >> can you show us that contract? >> i can. >> but he never showed that contract saying he was an adjunct professor. he later said it was proprietary. >> i see him as a fraud. that's the best word i would say describes shawn parcells to me. >> manipulator. >> very good con artist is the way i'd put it. >> reporter: in missouri deputy sheriffs grant gillett and justin jeffers say shawn parcells performed an autopsy in a criminal ca

parcells is not a doctor.e know he calls himself a forensic medical consultant, medical investigator and a professor. but is he what he says he is? >> you call yourself a professor? >> yes. >> where are you a professor? >> i'm an adjunct professor in topeka, kansas. >> but that, as far as we can tell, isn't accurate. we contacted washburn university, they say while he has spoken to nursing students he's not now, and never been an adjunct professor there. washburn university says that's not true. >> i have a contract that states it is true. >> can you show us that contract? >> i can. >> reporter: he never sent us that contract showing he was an adjunct professor. he said it was proprietary. >> i see him as a fraud to describe shawn parcells to me. >> manipulator. >> very good con artist. is the way i put it. >> reporter: in missouri grant and justin say shawn parcells performed an autopsy procedure in a criminal case without a doctor present. >> so he introduced himself as a pathologist, as a medical doctor? >>

parcells is not a doctor.e know he calls himself a forensics medical consultant, a medical investigator, and a professor. but is he what he says he is? >> so you call yourself a professor? >> yes. >> where are you a professor? >> i'm an adjunct professor at washburn university in topeka, kansas. >> reporter: but that, as far as we could tell, isn't accurate. we contacted washburn university. they say while he has spoken to nursing students, he's not now and never been an adjunct professor there. >> washburn university says that's not true. >> okay, i have a contract that states that it is true. >> can you show us the that contract? >> i can. >> but he never sent us that contract showing he was an adjunct professor. he later said it was proprietary. >> i see him as a fraud. that's the best word i would say to describe shawn parcells to me. >> and you? >> manipulator. >> very good con artist, is the way i'd put it. >> in missouri, deputy sheriff's grant gillett and dustin jefrs says shawn parcells performed an a

parcels is not a doctor.e calls himself a forensics medical consultant, a medical investigator and a professor. but is he what he says he is. so you call yourself a professor. >> yes. >> reporter: where are you a profess professor. >> at washburn, university in topeka, kansas. >> reporter: we contacted washburn university. while he has spoken to students, he is not and has never been an add junts professor. he never sent us that contract. he later said it was proprietary. >> i see him as a fraud. i mean, that's the best word i would say to describe shawn parcel to me. >> manipulator. >> very good con artist is the way i'd put it. >> reporter: in missouri they say shawn parcels performed an autopsy procedure in a criminal case without a doctor present. so he introduced himself as a pathologist, as a medical doctor. >> that is correct. >> reporter: and he seemed believable? >> very well. >> reporter: you two are both experienced law enforcement officers, and even you were duped? >> that's right. >> reporter: th

parcells is not a doctor. know he calls himself a forensic medical consultant, medical investigator and a professor. but is he what he says he is? >> you call yourself a professor? >> yes. >> where are you a professor? >> i'm an adjunct professor in wash burn university, in topeka, kansas. >> but that, as far as we can tell, isn't accurate. we contacted washburn university, they say while he has spoken to nursing students he's not now, and never been an adjunct professor there. washburn university says that's not true. >> i have a contract that states it is true. >> can you show us that contract? >> i can. >> reporter: he never sent us that contract showing he was an adjunct professor. he said it was proprietary. >> i see him as a fraud to the best word i would say describes shawn parcells to me. >> how about you? >> manipulator. >> very good con artist. is the way i put it. >> reporter: in missouri deputy sheriffs grant and justin say shawn parcells performed an autopsy procedure in a criminal case without a

the remaining parcels were acquired back in 2013. as you can see on the slide the approved development program includes a 300 foot tower, two podium buildings between 65 and 85 feet tall and townhouses bordering to the north, all surrounding a 3600 square foot open parcel and a shared underground parking facility. the development on block one must include approximately 35% affordable housing. earlier this year approached ocii about a possible purchase of the ocii parcel where aggregation with its parcel and development of a for sale residential project on the site. they have proposed two alternatives, one that complies with the existing height limit for the tower and one that requires an amendment to the redevelopment plan to increase the height to 400 feet. under the existing zoning the project would include a ocii subsidized affordable housing development and the two podium buildings with approximately 76 for sale affordable units. a developer subsidized unit in the townhouses and lower level of the tower for approximately 46 for s

he says he's not heard from parcells in more than a year. asked parcells where is the body, we got a barrage of obscenities. >> he said he's never heard back from you. >> he has. holy [ bleep ], excuse my language, but i have e-mails to prove him and i going back and forth and the fact that he ignores me. he's a [ bleep ], you want to be truthful, he's a [ bleep ]. i'm sorry to kuss like that on your cameras, but it pisses me off. >> with coroners and law enforcement so angry, why haven't they gone after him? >> dr. mary case says prosecutors might be worried. she said some of them may have used his autopsy reports to get convictions, convictions they don't want overturned. >> could be a problem for that prosecuting attorney if that prosecutor has prosecuted somebody based upon shawn's findings. of course, that's a problem. >> for the prosecutor? >> for the prosecutor. >> so no one wants to go after him. >> no one has, no one has to this point. >> a county in missouri did file a complaint with the state's medical licensing board saying they

. >> and operating on that parcel right now, there is limited risk to ac transit or tjpa of ac transit of not being able to continue to use the temporary terminal and we expect to pay the bridge financing either late next year or early, 2016 and more than 2 years before the completing of the transit center and ac transit center is schedule to move because the interest, is funded up front, and there is no possibility of a payment default during the term of the loan and so until if we close in early 2015, we are looking at early 2019 before there is a possibility of a payment default. and as a mentioned before that, before we got to that point, we would have undertaken the process, issue a tax increment and that will return to the bridge financing before returning to the bridge collateral. and so the remaining actions to close, and mtc does have to finalize the approval of the quick claim amendment and as i mentioned that will and should occur next week. the oci, and the city, and the board of supervisors do have to take some legislative actions, and because the city is a party to the op

shawn parcels never told the deputies he was a doctor.they want to think they are a doctor, that's their issue. people assume stuff all the time and they never ask. it's bad that they are assuming and that they never ask. >> parcels who has a bachelors degree says he is supervised by medical doctors but sometimes they are not present when he performed an autopsy procedure. >> so you do them when there's no md in the room. >> at times. they are there and sometimes they are not. >> you're not an m.d. >> i'm not an m.d. >> but it's legal for you to be cutting up bodies. taking organs out and making observations. >> during each and every autopsy conducted, the attending pathologist is present at all times. we always have the pathologist present and directing the examination. >> if you think that's shocking, the owner of this funeral home promised to arrange an autopsy for an unidentified body. he didn't show up for weeks and maggots appeared. where is that body now? >> he says he has not heard from parcels in more than a year. >> when we aske

land scale dates do get closed out from time it time nothing like four years and the bids on those parcels have already been received. and they are locked in to the extent that there is a disposition and a development agreement in place, with block 8,; is that correct?? >> all of the properties 8, 9, and 5, and disposition and development agreement in various levels of process, and i believe that block 8 is schedule for coming before the ocii commission, relatively, and closed dates are set forth in those agreements with ocii, and so the risk that the land sales would not occur, i would say is relatively small, and then the full funding condition. the recognition of formation of the cfd, and alleviates quite a bit of that risk, and we are able to use, the proceeds towards the phase one, and so, and of course, it is mentioned that we are talking with the mayor's office, about and your second question was about the net tax increments take out and i will let, bryant it is going to be a function of hopefully, if the block and the block 8 and five, closed, and then, be able to generate more pro

some questions that i think that ed has asked regarding the budget and the roof top and how that parcel five and eight and all of these that are began aties to this bridge loan and i, you know, i, i hear a lot, but i just need to know a little bit more about each one of these parcels and when, they are schedule, and what the expectations are. >> i think that it will be important to start to address that, because director, and if sarah could address this as well. this item, we can't delay this item and sarah can go into the reasons but she can go into any questions that you have on the parcels so the next expected close is block nine in 2015 and a sale price of 43.3 million, and following that blocks eight and five will close in a month of each other and that will close on october one and the block five is sort of the crown ju ill, and 172 million, purchase price which did exceed our estimate and it is an office tower that will be adjacent to the transit center and just behind the office building that tjpa offices are in and that is expected to close on september first, 2015. and again,

. >> senior citizens can opt out of paying a school parcel tax of paying a school parcel tax but one senior was ♪ ♪ first impressions are important. you've got to make every second count. banking designed for the way you live your life. so you can welcome your family home... for the first time. chase. so you can. >>> in the north bay a glider crashed in vallejo into a tree in a remote field on private property. this is a live picture, you can see how dark it is out there deputies needed 4-wheel drive vehicles to get to the aek and had to hunt in order to find it. >> some new insight into the death of robin williams, sources tell the family he was suffering from lbd, a build up of proteins that can cause memory, motor control problems it's often linked to parkinson's disease he had parkinson's and had been reportedly complaining about the affects of his medications. iets veteran's day. today the nation paused to salute those who have served this country. and abc7 news found a poignant story in san rafael. >> this is the day when many dig into our closets to pull out old uniforms and i

sold parcels and received our first payment from ocii earlier this summer, for parcel t. and the net tax increment is fully committed to tjpa under the various agreement and there are no further approvals and there are authorizations required for the revenue to flow for the project, and the total revenue that we expect to receive and this is a conservative number but over the 45-year life of the pledge is on the order of about 950 million dollars. and however, as we have previously discussed we do need a cash flow, and so it is a revenue for the early part of 2015, before we can draw down on the tifia loan and so we have been negotiating the financing solution, and we expect that it will be secured by the tax increment as well as some of tjpa real estate, of course, and we anticipate that we will be paying back the financing with the proceeds of the loan when we are able to draw down on that at the end of next year, and we have been working with usdot, cal trans, and ocii and the city and mtc, to make sure that all of the collateral can be made available in a timely manne

agreement that is before you today and subordination related to parcel f and double prime while the fingsz is outstanding occ will remain the right loans as long as it is adopted into a lockbox the lion adding about minimum value under the redevelopment plan like the affordable obligations the obligation will be released when the bridge loan is repaid subordination specifics that any party that ours block 4 affordable housing requirement required by occ to meet the affordable housing incentive of 35 percent for the transbay redevelopment plan area the under the redevelopment dissolution it is an enforceable obligation that occ is assumed to go before the oversight board and the called department of finance to determine it is in the best interests board of supervisors acting a protective body it remains the effort authority to review the material to the ocii affordable housing those actions will happen later this month and early december i want to point out you have a revised reducing resolution in front of you basically, we made editing changes and fixed some type we're recommending approv

aware of the tiff loan is supported by a pledge of tax increment revenue we've been getting from parcel t and 6 other components is additional capital contributions from the transit in general $417 million we expect to get even though initial tax increment is loans $15 million it is not able to pay the hundreds and $75 million we'll capitalize interest we'll on day one have an account to pay off the interest requirements for investigators and then what the assumption is courtney mentioned hopefully by third quarter of next year we will expect to meet the tiff requirements and get the disbursement and take out the payments. >> do you know how the - >> i'm sorry. >> the interest rate. >> i believe as indicated i hope you received in our packets but it is a loan based on months it is currently around 2.33 and the credit spread in the first year will be 2 hundred and 25 basis points the overall amount will be 2 you know a little bit below 2 hundred 5 percent and requirement in order to structure the capitalized interest we're going to going get into a hedge that cost is embedded within the

can increase those percentages in the tower up to 20% and increase the overall number on the same parcel of land, utilizing it to increase that affordable component. and so again, unfortunately the perspectives are a little squat, but this will show you a few quick slides we did show you the other buildings in the redevelopment and the other buildings across the street there at 350 feet, 400 feet are the existing that carl just mentioned to show the current building as proposed would fit in exactly with those rotating around. so then we have some of the renderingings. this includes both buildings that are underdesigned or under construction to show you what it might look look as all the parcels are developed this is a 300 foot and you see the 400 foot. we are looking at these slides to analyze the impact on the shadow and neighbors and other parcels an with all the other towers there isn't a difference to go from 400 feet. and thank you very much for having us today and we're here for any other questions. >> thank you. >> now back to the eshgna. ena. the item you're considering is to neg

. >> senior citizens can opt out of paying a school parcel tax but one senior was charged anyway. how to >>> in the north bay a glider crashed in vallejo into a tree in a remote field on private property. this is a live picture, you can see how dark it is out there deputies needed 4-wheel drive vehicles to get to the aek and had to hunt in order to find it. >> some new insight into the death of robin williams, sources tell the family he was suffering from lbd, a build up of proteins that can cause memory, motor control problems it's often linked to parkinson's disease he had parkinson's and had been reportedly complaining about the affects of his medications. iets veteran's day. today the nation paused to salute those who have served this country. and abc7 news found a poignant story in san rafael. >> this is the day when many dig into our closets to pull out old uniforms and into our memory. >> it's something different. >> there is no such person as a retired military veteran without a story this, is a man honored for enlisting at age 36, serving four tours in afghanistan. he'll

as i said, shawn parcells assisted dr.odden in that autopsy, here is what he told me a short time ago. >> is it your understanding the request for dr. bodden came from someone in the grand jury room? >> it is my understanding that the grand jury had made a request that they wanted to hear, our results are from an independent autopsy. don't know what happened or when that happened in the process of things, but i also know that then also then crump had to push for dr. bodden to be able to come testify today finally allowed. >> today michael brown family attorneys said dr. bodden found one additional piece of evidence that a chest wound he thought was a re-entry wound is now determined to be an entry wound. can you confirm that. if so, what is the particular significance of that? >> well, he's probably -- in fact, he's talking about the wound to the right upper clavicle right here in this region. we had originally thought that the bullet continuation from the head wound above the right eye came out and re-entered. and now it

responsibility for all the trees which will save many property owners money paying $80 a year on a parcel tax and being revved of the responsibility to prune the trees and fix the sidewalks a benefit to many property owners but you know that's a big deal to do a parcel tax and by no means guaranteed so it's a challenging situation i want to thank you and all the men and women of dpw for really doing a lot with limited resources. >> thank you so i i could quickly respond to supervisor chiu's question. >> so one thing earlier when i was making my comments i was refrnl my letter to the mayor, i acknowledge dpw staff has worked to pull an action plan together and details outside of your control thank you for that and i said we have a number of constituents from around the city but the northeast neighborhoods that have been focused on this particularly it's a frustrating situation for your staff and my constituents but hope to address some of the immediate despairs. >> question have had meetings are many of our constituents and developed an action plan because of the relatives. >> could you su

item 21, 22 and 23 are the motions associated with that tentative parcel map. >> colleagues, for this hearing today, we will consider whether the tentative map for the 639 peralta avenue is consistent with our general plan or any specific plan that applies. as typical we will first hear from the appellant who will have up to 10 minutes to describe the grounds for the appeal. we will then take public comment from individuals speaking on behalf of the appel analyst. each speaker will have two minutes to present. we we'll then hear from representatives of dpw and the planning department who will have up to 10 minutes to describe the grounds for their decision to approve the tentative map following the departmental presentation we'll hear from the real party in interest who will have up to 10 minutes to present. we'll then hear from persons speakving on behalf of the real party in interest, and then finally the appellants will have up to three minutes for a rebuttal. unless there are any objections to proceeding this way, let me ask supervisor campos, do you have any initial comments [spe