. >> commissioner: thank you commissioner rosales. i have a couple comments and questions for the developers. we just finished topping off the warriors arena and as everybody knows i'm not a sports fan so it was nice but what really excited me about the project was the way it reached out to the community and the way it moved the numbers of minority women-owned businesses in the professional services up and the way it hired local people. i told rick welte this was an investment in his own future if he wants to do development because when do you that kind of work and outreach, we're more in favor of supporting projects. i throw it out as a model you can hopefully follow about hiring local people, local businesses, local construction firms to do the work. so that's that. along with the certificate of preference holder comment that commissioner rosales talked about, it saddens me we get people through a process and then because they make a little bit more money or a little bit under that they're disqualified from being able to move into t

i'll think if i do. >> okay, commissioner rosales. thank you. any other commissioners, questions or comments? okay. just following up on commissioner rosales's comments on local hire. that's a big thing on this commission. we love the fact that san franciscans can actually build their own city, so everything you can do, we would ask that you do to make sure that happens for -- for the folks here. but i think it's great. i like to see agencies working together. hopefully, we don't have to use that contingency and stay within the budget, because this is the people's money. with that said, may i have a motion. commissioner rosales and then commissioner singh seconds. okay. is that okay? madam clerk, please call the roll. >> clerk: commissioners, when i call your name, announce your vote. [roll call] >> clerk: mr. vice chair, the vote is four ayes and one absent. >> the vote carries. please call the next item. >> clerk: agenda item 5-e, authorizing the executive director to authorize the seventh amendment to grant agreement number 07-05947 and to gr

rosales. >> yes. >> scott. >> yes. >> singh. >> yes. >> bustos. four ayes and one absent. >> motion carries. >> agenda 5c a personal services contract with public financial management inc in an amount not to exceed $108,000 related to financial modeling and debt administration support. discussion and action resolution number 37-2018. madam director. >> thank you, madam secretary. this item is a first before you. typically we bring the engagement of a financial advisor in connection with transactions. this time we're requesting engagement of t.s.m. so we can do extensive inhouse modeling and help with the system and so on and do projections outside 10 years so we can be better prepared for the funding needs with our project. with that, john daigle will present on this item. >> good afternoon. my name is john daigle. i'm the debt manager for ocii. resolution 37, a proves or authorization excuse of a contract with p.f.m., as described by the director. the scope of the contract embraces the financial modeling and debt administration support and it inc

commissioner rosales? >> yes, thank you, vice chair bustos. i do have a couple questions for pam. this was excited, i have to say. you know, when i'm reading this, i'm very touched by the fact that our efforts are incrementally making a different in people's life. i want to commend everybody, not only the staff but the city in achieving these results. the part that interested me, as i mentioned earlier, was in the western addition. as we know, that's a very desirable, if you will, location and district for c.o.p. holders for obvious reasons, to have folks come and buy back homes -- buy back their homes, right? i would love to be able to see more -- more stories like this. and so then, when i moved over -- i was very happy when i read that and then, i went over to the other report, to the shipyard, and i go wait a minute, no c.o.p. holders apply? >> yeah. >> why is that? >> i -- that is a really good question. we target to the c.o.p. holders, c.o.p. holders that have been over income at the rental opportunities, we write little notes specifically on their postcards saying this woul

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