two verses phase one. when you do that, i propose eliminating the exit way system at the west end of the park, that only goes to the fourth, to the park level, and that is all that it services, and number two, it will increase the retail value and excitement at the ground level without that structure there being in the middle at the west end. the benefits are that you get the land at no cost, the expanding of existing capacity of the bus deck and you expand the retail environment in the first level and there is really almost a net zero cost, if i think that you probably take some money out. so i think that we can enhance it. my question is could you ask the staff to evaluate that? thank you. >> thank you, very much for your comments. >> are there any other members that would like to speak at this time? >> none that i am aware of. >> any? >> seeing none, we will move on to the next item, which is item number one which is our budget update presentation. >> okay, directors, bob beck will report on this item.

phase? >> that was programmed out in fiscal year 34. it's unlikely available for phase 2 as well. >> okay. that's a relative small amount. the tiffa loan? >> there are two components to the tiff a -- loan. when we entered into agreement with the department of transportation, the interest rate was locked in at a rate that we thought at that time was very attractive rate for the p g a, but as interest rate has declined, it's now below. so if we were to, if did i tive ya grease agrees to the new market, we are paying less interest in order to borrow greater amount. the second coverage is the ratio that they use in calculating the loan amount for which we can be authorized. the original coverage ratio was set at 3 times the coverage of the repayment with some of the land sales, transactions now being concluded. there is a little bit more certainty from the revenue of that tax increment and from the second component alone is to request a reduction in the ratio from 3 to 2-and-a-half. >> the only

and it included a rear,al location of program wide costs from phase two to phase one, the initial time line for phase one was developed, there was an expectation of a significant amount of overlap between phase one and phase two efforts, and at the time of the revised budget was adopted, it was clear that the phase two would not be in full swing until a later date and so there was a reallocation or a reaportionment of program wide costs that had an impact on phase one's budget. >> so that the revised base line budget as we adopted in may of 2010, included these categories. and increased the building construction budget to just over 900 million. and i mentioned the two major milestones of the start of the demolition, and the target of october 2017 for bus operations. since the adopt of the base line budget, we have progressed the design through design development and the completion of the design development and moved into the construction document phase. and we have employed additional value engineering measures to help to contain and reduce costs of construction including switching the

the next phase of the recruitment is really the marketing phase. we're taking a unique approach in this phase because our recruitment time has been compressed. norly a recruitment of this natures out reach phase is six to eight weeks. i believe ours is a little over four weeks which means we have to double our resources and i am honored and pleased to have my partners with me today, daphne lablonk any one of the top recruiters in the united states and has contacts in the industry and did work for organizations. most recently she has been the leader in basically staffing the entire leadership team at the dallas area rapid transit district in dallas texas so she will be the point person with the transit relateds activities with this recruitment. we have brent buyers who is from southern california but she attended berkeley and she's a go bears person and we won't hold that against her. they will look at people from municipal organizations from cities or counties and their skills might fit nicely in terms of this particular recruitment and she will be

however we're phasing out these programs. we can't using this as a baseline [inaudible] so at the very least it seems to me we need a different description of why we phase them out unless we have other data that you haven't showed us. i >> i do believe this is an opportune time to get this data because we are taking that information and using it to make a best recommendation in moving forward. we realize that in terms of what research based reasoning for saying that one program may be better than the other was not necessarily the reality of what was happening for our students in our school, but we didn't have the longitudeal data. let /aos look at that, make the enhancements we need, and figure out what we should and should not do based on this data set. also, we're looking at this data to see who are these english learners so when we talk about them as a whole, we don't often talk about what their -- if they're coming in as beginners in a particular program or if they're coming in as intermediate or advanced who haven't been

we want to phase the bus storage, but we could phase that as well. >> there is just some other elements that we could phase. >> okay, as well >> and we could present that all to you at the next board meeting. absolutely. >> so bob? >> it is to build on what you said about the implementation of the rba criteria, and design guidance criteria and we have attempted to explore all of the opportunities for phasing there and there are elements that we have built into the plans for phase two but certain things like the perimeter protection. and that ended up being built into the structure from the beginning. it is very difficult to retrofit later. >> but others are more amenable to that. >> so just building on what maria said. we are looking at the... we have tasked the design team with taking another look at the w, or called a w1, the awning system that encloses the buildings and that has a potential to bring down the rva impacts by as maria mentioned roughly $7.5 million or 12 percent of the total rva impact if we go to a different solution there. and so, we are actively explore thating and l

the first phase was completed in 2012. phase 22 hazardous tree assessment and mitigation work is concentrated on trees along city streets within golden gate park, primarily along jfk, mlk, middle drive. as well as those near children's playgrounds. this bid was advertised in early january and bids were due on january 31st. we had established a pre-qualified pool of contractor because with this work it's very important to do that obviously for quality control, looking at both the pruning and the removal and disposal work itself and the bid -- the package was bid publicly. and other contractors who wished to submit a bid could submit documentation of their qualifications at time of bid. we received five bids. and the apparent low bidder from arborwell professional tree management in the amount of $435,000. that was in excess of our engineer's estimate was was just under $400,000, but it includes as a one-time mobilization should that they required by the contractor to accommodate wildlife and bird-nesting. so the scope of wo

feasible and appropriate, we are phasing things. the... in terms of the safety act certification this is something that i may ask denise to expand on, they look through each element of the building and the same types of categories as the rva went through and so to have a full certification for the facility, each of those areas needs to be addressed. that is possible to have certification of systems within the building, but not the building as a whole. but the certification process would look at each of the systems and elements of protective design and they would look at what was recommended and was that implemented. do you have... >> right, and i should add the director to further respond to your question. the reason that we updated the risk and vunerbility assessment was not to obtain safety act designation and certification, it was done because of the reasons that were presented in the last board meeting which we will not go into because of purposes of time it is the right thing to do and based on fema guidelines and we were at a

we will begin phase two the entitlement phase, eir scoping will commence with the discussions with our partners will ensue and we will start to check the box and going through the entitlement process to get to a development agreement and the least transaction documents that i mentioned earlier. >> that concludes our presentation, we want to thank you for your time and we are available if you have any questions, the developer is here as well. mission is represented by jack and weld and north. >> thank you, phil that was a very comprehensive presentation and we also thank you mike and jonathan. we do have public comment. and cameron camric? >> commissioners, i am fortunate to be a that have spent the entire lifetime here. i hope that my children will enjoy similar opportunities to live in the greatest city in the world. san francisco has the housing supply crisis which has driven the majority of my friends to the subsubers and other states. my wife and i live in the dog patch neighborhood where we support the efforts of san francisco giants and swl 337 associates to improve the quality o

a little bit on phasing and how we plan and proceed with different aspects on the project. this is a proposal that really takes advantage and recognizes the proximity of existing infrastructure and 3rd street. 3rd street for point of reference is right here is more or less full of city utilities from sewer and power and other necessary utilities for a development this size. again looking at feasibility for the project and planning out a performance that makes sense takes advantage of proper utility and cost upfront which has been a view from the beginning. however depending on market demand and actual uses we see come to fruition that could change. there has been interest in the parcels for interest along the park at the north edge of the project which will celebrate that component and alter the phasing. the important concept is we have to take bite size chunks to take from the structure and also take into account the facing. the port is aware of the benefits of open space for this site. generally to the community, to the region and particularly to this site as providing va

they are not charging low income customers and will not be impacted in phase 1. they are not the ones being included in the program in the offset. >> just a question you have the first bullet, you talk about the phase 1 program meeting objective, a hundred percent renewable and financial support for low income customers, are we assuming the build out is in those numbers as well? >> yes. as planned. >> the decision to proceed with the program is a policy choice. it's not an economic necessity. it is purely a policy choice for this body. and what the rate board has after a number of sessions has come to a conclusion as well as that we have high confidence in p u c staff in how they are dealing with the analysis and the input from stake holders and a balance between affording the rates anden insuring the program is financially feasible. our concern, our concern is that the rates currently set is a premium rate. it's more expensive at the end of the day. we can concern around the fees ability of the markets in premium product given that when be look at the results, a

you heard him say that in 08 and 09 we were in a conceptual phase and into a schemeatic phase in 2009 and ten. and as the design has emerged so has the information and intelligence and opportunity for the building and protective design standpoint. there are many other guidelines other than the ones that i mentioned, which get updated almost every year and i listed some of them there, and the building infrastructure and the criteria for creation of buildings without counter terrorism and federal management documents 426 and 452, these are like the tax code, but if you read them and you are obligated to, they outline the process that is used to do an rvi assessment and then the last one is the national institutes of technology they are a group of scientists and engineers who look at tragic events and remember them so that the legacy of what they learned on one project is transferred to another. >> i just may interrupt if you don't mind. i just want to be kog that scent and i know that there are 38 more slides. what is most important to us in this budget update is getting a sense of the

that were better defined to learn additional things and then be able to move forward into phase two and three ultimately. the break-down of the phase one projects that we are into immediately out the gate, there is three different distinct categorize the first includes planning through construction and what we have in in are fully funded the djer project as well as the of course, the green infrastructure project where we will have one test project within each of the eight water sheds. >> onth that point what is the last time those djers have been inspected. >>> oh, wow we have just been inspecting them we have actually have two ought right now that are being work on and we have a jock contract. >> but two of them are not currently function x. >>> two of them are not functioning but we had an additional infection where we looked at the roof and the situation is dire. >> very dire. >>> something will be coming to you mr. president if it has not come to you already and we will walk through that and so we have an emergency contract. >> so on those digester issues are they controlling th

they have their clearance again and this is part of the whole phase one terminal project. gpa reports that it's gone up by $2 million and they are need to ing to fill that gap. the second street project, dpw completed the planning process but they would like an additional community meeting that will most likely be scheduled in april to address ada issues and access issues around the cycle tracks. i think the second street team is really working to see if we can create more citywide policy on if we are continuing to have. what can we do? >> i hope there is very careful planning for that one to avoid concerns by so many people on jfk drive. >> also the environmental team is moving forward and work to go figure out what type of environmental clearance would be needed. there is a chance that is required which is called a focus vir, on transportation issues along second street corridor. we'll have a better sense of the timing and how long that process would take bearing in mind the 3 year windows from 2013, 2014 and 2015, and 16 time period we have. there was a prop k request f

the process for all phases, design and construction. if you click on the project title, it has more information towards that project. >> i'm going to cut you off there. it's password protected for a couple days. we'll get it up this week. i just want to thank our staff for doing this and wonderful interns. anthony adams who is no longer with yours. that concludes my remarks. >> thank you. lombardy any comments or questions? we can open public comment on this item. any member would like to comment? seeing none, we'll close for comment. >> next item. >> state legislation, an action item. >> colleagues, this is from the finance committee, any comments or questions, we'll go to public comment. seeing none, we'll close public comment. >> vote please. >> commissioner campos, chiu, kim, mar, tang, wiener, item passes. >> next item, please. >> increased amount of professional services of contract for the $395,000 for planning urban designed, conceptual engineering and outreach and better market planning and studies. contracts terms and conditio

but have a phased approach and deliver it throughout the build out period. the project is very pleased to have been recognized by the city's planning department as one of three potential eco district sites in san francisco and that is a recent announcement that you may have heard about a few weeks ago and we have been even prior to that actively looking at different sustainability measures that will conform the eco district including centralized waste collection and things of that nature and the think that the recognition of the planning is encouraging. and so we are exploring as many options as we can to make this site a model for the city and a model for other developments. >> of course, the project will be built with a comprehensive traffic demand management plan. i think that we as mike mentioned we benefit from peter albert's work on the water front assessment which is helping to inform the traffic thinking for the site. and the other sites along the water front. and this has been a key issue we found with the adjacent neighborhoods that transit through

we are still in the design phase to discuss. i'm really interested in seeing that this can get funded and how can we make sure that actually happens. there is a great deal of support from all around maclaren park to see some major improvements here. what was the liked likelihood of that. >> i would take to you page 65. the table that outlines the projects. you can see right now with the funding amounts that are requested we run into a deficit at the 2nd street project. if we work on the other funding sources for masonic, for example, the revenue bonds and cost reduction at a helps us get a little bit more towards the second street project but we also have to address the segment ability and the projects to be able to provide to the man sell project. that's what we are working on now. >> i want to reiterate a promise you made a few months ago that we intend to come to see you to fund all of those projects. the response has been very cooperative. the prop k update will help us a lot and a huge help is the masonic, the shear size of

those are the elements of phase 1 program that we were seeking to be funding by the grant. the discretionary funds, the prs, when are applications for that due? >> i'm going to ask mary prior from our finance team to discuss that. we are in dialogue, i know with the city about tiger 5 program, but i'm not sure about the exact timeframe. >> also when we might hear about the tiffa. i know we made a request to introduce what is currently the norm and when we might know about that as well? >> later this week we'll be talking to tiffa staff and that should layout the application process. it does take some time. with rating agencies. we'll keep the board appraised of what's going on there. the tiger and prs, they are included but not on any funding bill. >> i think scott would know and to further answer your question, chairperson came on with tiffa. one of the things we'll need to have finalized is the budget and we are working on that soon. >> scott? >> scott, community outreach manager. as mary said the pnrs is not funded in the current year. last year congress approved through

. >> phase one of the village was housing and retail is just about complete. phase 2 includes a hotel, movie plex, office space, restaurants and retail. >> i'm major concerned, said again and again. this is very likely to congest everything. >> construction on phase two is still a year away. some crowded into a city council study session tonight urging members to delay it further so the city can complete an updated plan. >> it makes things certain. the developers know exactly what they have to develop to. >> the greater san antonio community association has collected hundreds of signatures. the council decided to keep moving forward. but the developer says negotiations are under way. >> cycling on both sides can be created with itch lemtation of phase 2. >> chef chu is hopeful his new neighbor will be good for business. >> and the traffic will be there, no doubt about it. i'm sure. >> now, with several months left, community groups say they plan to keep the pressure onto urge a slow down. reporting live, nbc bay area news. >> live in the clas room and at the s