the tida board, various city agencies and public stakeholders. the plan we see today is a result of that process, and it is consistent with the zero original vision and principles that rich outlined. before we get into the land use plan today, let's look at the islands as they exist. the islands in the middle of the day with only one point of access on and off the bay bridge, there are significant challenges associated with the use of this former military sites, and peter will walk us through the transportation plan and how the land use plan has been organized in order to meet these challenges, and we think we have a plan that goes far beyond providing transit opportunities for existing residents and future visitors. so the island today -- treasure island is approximately 400 acres. it is comprised of man-made snow. yerba buena is naturally occurring. of the approximately 550 acres that make up the entirety of both islands, tida will be getting from the navy -- i do not know if you can see on the screen -- everything from yerba buena to the north

the tida units, there are 250 occupied units and we would replace those units as well as provide 185 new units. we are pegging affordability to these units at 0% to 30% of ami and we will have a separate agreement that lays out how and when they get the parcels to be developed. the and exclusionary unit, we made a -- see inclusionary unit, in exchange for more pads to build 100% affordable projects, you will note that rate is lower than it is a city-wide at 5%. these are units that would be built within the market rate products and anywhere between 80% and 120 for home ownership, for sale units. on transition housing, we had a lot of discussion with the residents. at first -- supervisor wiener: i know you spoke about the levels of affordability and in terms of low-income verses middle-income housing, about 90% -- 80% was for low-income? >> that depends on how you define low-income. if you are defining it at 50% or 60% below, the affordable housing would be for low-income. i will note that the units -- we have a flexible funding source which could be $90 million. if we get the pads, i

they would have the right to a new unit after their existing rents which would be constructed by tida. they would be eligible -- eligible for an in live payment , from $5,000 to $20,000, or the ability to purchase a new unit and we would provide that cml for purchase assistance. that is the boiled down version, but we have had a lot of discussion with the island residents and a lot of changes to this plan. it seems to be fairly well received by those currently living on the island. that concludes our presentation. i'm happy answer any questions. supervisor mar: somebody has e- mail question about the earthquake and tsunami and sea level rise. could you reiterate the considerations you paid to the infrastructure on the island so that has addressed all of the concerns about potential disasters that might occur with a significant rise by natural disasters by an earthquake or tsunami? >> part of our presentation next week will be part of the infrastructure plan. they are definitely talking about our strategy to make the island, improve the island seismically as well as elevate the island

tida would transfer land as they are ready to construct the seven phases. generally working and building the vital amenities upfront and infrastructure up front, including the ferry terminal, and then working out words. the pink shown here is phase two. the blue, phase 3. finally, phase four. getting up to the corner of the city side neighborhood. the phasing plan and schedule performance would be attached, and includes application dates as well as outside dates by which they must start construction of those improvements as well as complete them. there is a principal portion nullity or adjacency by which the public benefits have to be delivered. as they develop market rate lots for sale, they would also have to construct a jason parks and open space, and there are a set of community facilities that would be delivered more in line with increments of units. within 18 months of the building permit for the hundred unit, ticd would have to file its application for those improvements and commence construction within 12 months and complete within another 36 months

of the planning department will be a concern to the commission and mentioning a continuation of the tida and what kind of role they would continue to perform in all of that. >> certainly tida wouldn't continue as the redevelopment agency. so wouldn't have the power, power nor increment, financing powers of a redevelopment agency. president olague: commissioner fong? >> commissioner fong: clearly it's been a rough week and curveball has been thrown at this stage of the game. i want to acknowledge other work on the public and private side of this thing. my encouragement is don't give up, keep going and let creativity flow and maybe i will be able to find a way out of this one. president olague: commissioner moore? commickser moore: i don't know the answer to the question. i just want to raise it, how does the public trust get interpreted or reinterpreted under this new arrangement because it is very different from what it was before. in addition to that when you make tighter -- don't want to use the word development because that, of course, doesn't apply. to become semi-public arm of the p

yo mejor asÍ ♪ ♪ queuand te fsteerdiste lÚco bueno de tiue nadie te v ♪ ♪ lo que yo te ♪ que ahora tida