as a state agency uc is exempt from paying local property taxes, however, uc is still subject to third-party contractual obligations such as the south opa. section 14.7 of the south opa problem hints the prohibits the transfer of property to a tax exempt entity without the consent of ocii and the city to transfer without such an agreement in place. the primary intent of this section 14.7 was to ensure that the ability to fund construction of the infrastructure and affordable housing required under the south opa was not negatively impacted by the purchase or leasing of property by tax exempt. blocks 33 and 34 are currently subject to a pilot agreement which requires a tax exempt entity to make these payments in lou of property taxes and make any required cfd payments. ieu of property taxes and make any required cfd payments. given its tax exempt status as a to make one time lump sum payments instead of annual payments over time as required by the pilot agreement. these payments are detailed in a memorandum of understanding unrelated agreements which were approved yesterday by the as follows.

uc as a state agency is exempt but we expect to collect the tidf from anyone else including the remapder mainder of the sales force. we expect to collect that from them. i think those two are important points, that the infrastructure payment is going for the tee line. and two, it will be paid. there was a ten year exemption window, which has ended. >> thank you for telling me what i already know. i think the problem i'm having is the fact that we are considerable y short as it relates to transportation in our city, in terms of many of the development projects all over the city. we're not collecting enough for transportation, period. i'm not suggesting that is the developer's fault. i think the city needs to do a better job about collecting those fees and allocating them, but in this particular case i'm not comfortable leaving upon knee on the table that could otherwise be used for this project in the long run. money on the table that could otherwise be used for this project in the long run. you're providing a discount because they're willing to pay these dollars fron. upfront. s upfront.