we're not a redevelopment agency anymore. we've lost some of the tools, and in the domain for example, but other than that, all of the other tools are in place. -- and an end of domain for example, but other than that all of the other tools are in place. >commissioner moore: could there be an update about -- a presentation about the updated design? i'm concerned that all of the elements as equally strong and powerful as they were, however, what this building is going to be delivering has greatly diminished. i do think this commission needs to know what is currently on the table. cracks and we can certainly do that. -- >> and we can certainly do that. and we will come back later in the year and give you an update on the design. commissioner antonini: thank you for a very good presentation. i do have questions. my first is, regarding the timetable, we know from an earlier presentation that we are not to expect rail service to the transbay terminal until 2121. i think that was the projected time. -- 2021. i think that was the pr

melarose is a common use in redevelopment areas. the proposed rate at the new treasure island development project would bring the total package to 1.8 percent signed. that would be a 10th of a percent what we're proposing here. we're working with economic consultants and have led us to strongly believe this is a supportable rate, that it can be well accommodated by the increases in land value that is expected in the plan area. it is important to know that just looking at office space, an increase insupportable office rent is only three or $4 and would more than outweigh the annual cost to projects. we're talking about office rents that will already be in the $70 range. it is a relatively small increments. there were questions about what projects that it would apply to. the trigger for the new mechanisms is the construction of new development. we do not have a mechanism to share the burden with the existing buildings. we cannot rope them into the mechanisms. we will apply them to the redevelopment. as i mentioned,

we will apply them to the redevelopment. as i mentioned, infrastructure, the transit center paid for will increase property values. folks paying into it will substantially benefit from it. it is true existing buildings will be benefiting as well. it is just the luck of its existing are ready. the buildings that are getting entitled that will be participating have the benefits of being able to take advantage of donating. that is very substantial benefits. there are some mechanisms that could be implemented in the future, not necessarily under the control of the city to share some of the cost of future maintenance and other operations. there has been discussions initiated by the private-sector of creating community benefit district that existing and new buildings could for dissipate and that would be relatively inexpensive but could help fund these in the future. the city has been participating in these discussions, and hopefully it will come to for tuition. -- fruition. one other important aspect in terms of the revenue that

money from the redevelopment agency that would be returned. the transportation authority were not able to, so the redevelopment agency became the friendly partner in the investment. i would ask that the honored and understood as part of the story. chairperson chu: thank you. >> good afternoon. my name is jason anderson. i am with the hayes valley neighborhood association. this is put our organization in an awkward position, and i want to think supervisor-- thank supervisor olague for calling this hearing. our neighborhood has a long tradition of supporting sustainable transportation investment. there was a compact made when the freeway was removed that there would be investment in traffic measures and improving transit, and so forth. muni is bogged down in miserable congestion in that area. something needs to get done. our organization also has a long history in supporting affordable housing, including backing parcel g, octavia court, and working with the mayor's office of housing on 55 laguna. there is a bit of a disagreement within the diffe

if your redevelopment, you can also be infrastructure finance. but i do not think that precludes some other funding tool that could be used to spread the cost more broadly to all of the people who benefit from it, including existing buildings that are already in place or have already gone through entitlement. i think it might be able to minimize the cost to proposed buildings that might make it in feasible financially if the costs were too high. i would like to see that explored financially. i guess my only other comment was -- i guess that is it for now commissioner miguel: thank you to staff for an excellent and comprehensive presentation on a very complicated project overall. it is great to see it move forward. i have many of these same concerns that other commissioners have, particularly commissioner moore as to the transit tower itself. i am merely thinking of the sandbagging, if you'll pardon the poker term. you get the contract on the basis of one design and then you push out a second design. i think many of us feel that the second design

i think that this was a key portion of the redevelopment plan. unfortunately, as we all know, the agency was dissolved at the end of last year, which was an unexpected challenge for us to take on. as is in harvey's report, the loan that was initially going to be used from redevelopment to the landlord of the site is no longer an option for us and we are looking for other ways to fund this. it is definitely a party of our office and the mayor's office, and i appreciate the mayor's office working diligently on the many funding gap issues. >> bill barnes, on behalf of the city administrator. in trying to figure out how to move this project forward in the wake of product development resolution, we have done a good job on behalf of the police department in figuring out how to bring folks together. the lowest cost in both cases, the project can be delivered within a few months. how do we move this forward in the proposal before you? with that, i will turn it over to the city administrator. we hope that this proposal will meet with [unintelligible] >> t

before the march of the redevelopment agency i was on the advisory board to the redevelopment agency. back then it was unanimous, we wanted to have this substation in this area. this is ground zero. not only that, for many that coming to san francisco, it has been tough on businesses to have less going on there, going about the commands, blocking the view and the street traffic and so forth. we really want this substation to open up. also, comfort. for business it will make it better. it is a great thing that we're going have. we have been waiting for this for so long.

redevelopment statewide is in need of reform. san francisco is a model for redevelopment and it needs to stay intact. >> let's talk about the role of sports. are you happy with the plans for the america's cup? should the city spend money to keep the 49ers'? >> i am thrilled about the america's cup. it will not just be an economic boom that creates jobs and long- term economic development. it will help us shore up our aging and deterioration appears -- deteriorateing piers. it will help us clear of deferred maintenance. it will be a >>> promotion for the city. people will see the panoramic views of san francisco and want to come here. i would very much like to see forty-niners stay here. what that means, we will have to talk about it. i am not a big fan of massive public subsidies to sports teams. i think we should work hard to keep them here. >> we're almost out of time. are there any other issues or concerns we have not discussed? are there any other specific issues you plan to concentrate on throughout your turn? >> a couple th

redevelopment had asked for construction bids at that time. in the process of doing the biddingwork, subsequent to the board's approval with redevelopment updating procedures, it was similar to what we found here. in addition, there were additional scoping issues. there is an attachment 3 in your packet that shows the reduced cost of the project. as we move forward, it became clear that as we clarify the scope, there would be a bit of an increase. we do think that the increase is justified. the director of public works and the police department have signed off. the dissolution of redevelopment has brought unexpected costs in challenges to the city. supervisor chu: with regards to the policing activity expected from the substation, this might be a police department question, but what is the intention for staffing this facility? many of us a look at the area of sixth street and understand that there is a need for more police presence in the area with additional resources. i do not think that any of us disagree with that. my understanding is that

you talk about how the redevelopment project area is not able to qualify for ifv dollars. is there a movement afoot to begin to get the schlage lock and other redevelopment project areas designated and qualified for ifd financing? >> yes, commissioner, although i would characterize it as embryonic at this point. we are not the only area or a municipality in california that has been left hanging by the -- especially, the suddeness of the change with redevelopment. there is a forming a coalition, especially urban core jurisdictions like san francisco, oakland, to some extent san jose, and some of the older cities in southern california. they are looking for an opening legislatively to try to find some relief. supervisor cohen: my specific question is, are our legislators actually moving to introduce that legislation? >> yes, there is a movement underway. i do not know, however, that we will see a successful bill this session. if nothing else, because only so many ways to deal with this issue of the capture of the value of land development, and the governor has sent over a st

before you are three of the completed projects that the redevelopment agency supported. those are the park view terraces, developed by ccdc, an award-winning development with 100 units of low-income and senior housing. the one below that is the mary helen rogers development, which is under construction today. again, another 100 units of affordable senior housing with a former lead-homeless component. the last on this page is the richardson apartments, which was recently opened. we had the fortune of having supervisor kim there for the opening. what i presume will be another award-winning building. this is another building that will be supported by the department of public health through their direct access to housing program. the next slide show -- one additional product that was done, the octavia court. this was done with west by housing -- west bay housing. it is for individuals that are developmentally disabled. it comes with a wrap-around surfaces from the regional center. we have three additional parcels left to develop. we are looking for family rental housing on o

we made a commitment along time ago with the assistance of redevelopment. we said any time we have an opportunity to build housing targeted to people that really needed our help, we would do so. that was reflected in the 10- year plan for homeless housing objectives. at least 3000 units in the next 10 years. this project of 120 units gets us to about 1977 about commitment. we still have to move forward. i would like to resonate about my disappointment about the elimination of redevelopment. i cannot do that today because we have a valuable time to get this project up for other people. as disappointed as i am about the project, we have got to move forward. that is why we have tiffany and many others who were on the re- development staff before. we finally got an agreement last friday to move forward on many fronts we have to get done to build more housing. they keep to the wonderful work from our staff and -- thank you to the wonderful work from our staff and agencies. they could probably complain about us wallowing in our despair about this. we move forward

bonner is a nationally recognized urban planner and redevelopment experts. we are very lucky to have him as the manager of this entire project. [applause] >> thank you very much. $7.2 million gets a lot of nice things said about you. thank you very much. welcome and thank you for coming. i specifically would like to say to mayor lee, thank you for all of the support, leadership, and guidance on this project. i would like to thank supervisor ocohen for everything you do and your leadership. [applause] thank you for your guidance and support on this project. supervisor maxwell may not be here. she was always in the trenches with us and was incredibly important to the process. [applause] there are several supervisors who may not be here who were really supportive during the lengthy process. in san francisco, we have a blood sport called the entitlement project. it is always great to have supporters who were also decisionmakers. there are many who are currently on the board who were supportive and many new on the board who were supportive. i would like to thank

what i hear is about economics, i am a small-business owner and was impacted by the redevelopment era. my question, and my thought is that, can we find a way to make certain that those who have been impacted by the redevelopment agency have opportunities, economically, and for housing? the beat goes on. it may seem like the sunset of the redevelopment agency may be happy for some state officials, but some of us have been left behind. a few years ago we took the delegation to vallejo, and warned ossie dviavis they were on trouble. the city went bankrupt. this is about how you treat the poor. at the end of the day, nations and states and localities have failed because the poor people do not have an opportunity. i want to put that in the front burner. i thank you for coming out and sharing the information you have on the city budget, thank you. [applause] >> fantastic ideas that we have heard here today. thank you, mayor and supervisors were coming out to hear these ideas. the arts are an incredible value add to san francisco. we bring in an enormous amount to the tourism budget. we hvav