this is done through our committee that includes tjpa and bart as well. here's an overall timeline the 3 protective actions for the board to take this is the protective action with intention to form and the landowner logic active action. and so to reiterate interests an approval the resolution to establish the vicinity and the resolution of intent to incur up to $1.4 billion so before i turn it over to my colleague i want to incite from the concord group the method lodge they've helped to figure out the rates for the district >> tim. >> good afternoon commissioner tim with the group i run the san francisco office and have been involved in this for several years i've helped attributing to in fact the waters and buildings just quickly a little bit of background for the exercise really simply you know we're looking at a very generic look at san francisco buildings in this strict that are market supportable given the context of day today, it's a high-water mark it's the high technology part we're extremely located well with the downtown area but basic rewe've

with the city and they're going to take over long term ownership and for under ramp park since an tjpa property the tennis is we're going to be the long-term owners so we're working with the tjpa staff reviewing those designs part of the improvements are under caltrain ramp to we've submitted those to caltrain and gotten go feedback and part of it is on park leased land we're going to work with the tjpa staff for the leased items and we have some information to talk about that today. in terms of the funding as i mentioned our agency has tax increment funding we anticipate having the funds $20 million to complete the park we have limitations on our bonding but we have strategies obviously additional state legislation is a possibility we've completed with mission bay and the pocket of entering into a loan agreement that is secured by tax agreement and we're exploring the avenues to finance the construction of the park but we have the tax increment funding it's a question of figuring out the agreement before the construction in 2017 arrest toppling owns and continues to own the area under

able to sell and those revenues go toward the funding of the project and a tax increment from the tjpa that's zones one and 2 the 6 red dots are the parcels that were up zoned so again, it's been discussed that up zoning allows for taller building to be built and their worthy a lot more money and in exchanges for the benefit they have to agree to participate in the cf d special property tax so this specifics we'll receive 82.6 percent of those revenues. and just before i go into those numbers in a little bit more detail quickly we've had apace two budget that was at roughly $2.6 billion and the revision we found the bid approach that amount will increase to $3 million and it's potentially a private-public partnership be weeping we'll reduce those costs but a $3 billion it's $130 million at to accommodate one of the city's goals they're interested in bringing the tracks from the south bay underground in mission bay street and that $20 billion allows us to build a tunnel so if the tunnel goes through it will be easier to build and list disrupt to rail alienations. side to side to the 200

to ask it but if the city has examples italian-american i'm not sure this is the best question for tjpa >> i'm not aware of a public open space by i can't see i've researched it but i'm not aware. >> how about the aspects of the open space where a company sponsored a portion of a park. >> i'm not aware of it. >> we've done that for the trust for public land have gunning done that in delores park they've done that. >> i would say as we look forward to revenue solutions i actively support the package of private-public open space itself i i know that naming is a controversial issue for public schools for example with private companies have asked for sponsorship to have their names on buildings that's a revenue solution i'm supportive but i want to know the guidelines. the city park is absolutely important i know that last july it came up with the revenue oversee for phrase one i thought it was not acceptable i think the district 6 has the least open space the smallest parks and the city park is an important component of the transit city i i landmark to working with the city and tjpa to mak

executive director i'm ted olsen the newly elected chairperson for the community advisory committee for tjpa just to be able to come and introduce myself but also to congratulate maria and the staff maria came down and welcomed all the new members and had a chance to greet everybody and share with them how important their work was but in addition to that justice department just a suburb meeting thanks to scott and steve and mark they took extra times for the new members to go into background and all the factors we really wanted to look at. we too were concerned with slippage but we're schedule is on safety and quality and e tusks we're pursuing that very well so the other thing i want to bring up combaus because i've asked members as a matter of the agenda the future items for the agenda because i have not attended our meeting i was curious in you've heard from the city's vision zero task force at all because, of course, as important as the design of the building it is going to be the safety of the pedestrians and the this one spot this iconic intersection will be the most heavy trafficked a

additionally if the tjpa can get financing for the extra six months, the terms can revert back to what was in the proposal, a purchase price of $72 million with a closing date of march 2016. we will return to you in march of next year for approval of development agreement with the developer, along with the approval of the schematic designs. between now and then we'll be working with the development team on refining their design concept in the proposal. and soon after that, as part of the dpa they'll be required to pay a $2 million deposit, which we credit against their land price, which will pay at close of escrow. construction is estimated to start in march of 2016 with an outside completion date of may of 2019. that concludes my presentation and i'll turn it over to bill who will introduce the rest of our team, including the architect who will give a presentation on their design. >> director, commissioners, i am don. we're a non profit affordable housing and social provider operating 2500 units of affordable housing in the tenderloin and throughout san francisco. >> thank you, very p

baruzzini work on the concept of operations give you a little bit of background september 27th, 2013, tjpa issued professional services for concept of operations in support of safety and security programs at the cct and basically begin where human intervention needs to come into play where physical security measures like a cc tv requires human intervention therefore we have concept of operations it identifies operational measures procedures and response all that kind of good stuff in terms of human intervention to support any kind of threats any kind of events that would happen at the ttc these are done before the day of operations before day 1 of operation example is it would cover any kind of emergencies you can think of medical fire crime anything that could come up. in brief, it describes how security systems work together with some of the other components that have been identified annie evacuation system and conops done day one have to be in place it's commonly done and consistently done for any transit center you can think of and the mtc bart and ac transit san francisco mta and all