the tjpa can issue for bid for design of construction comparatively for the sealed bid process. this group originally advertised or released as a sealed bid contract. however because of input from the bidder s they recommended that we go with the two step process so this package was subsequently restructured as an rfp and released to the public for bidding in 2016. on february 173 firms responded to the rfp. however two were inresponsive. one was incomplete and one came in after the deadline and as a result they decided to reissue the rfp. on march 3 there were three firms that responded to the rfp. proposals were directed for lump sum of design services, construction fee percentage and construction overhead percentage. proposals were evaluated on a 850 point system and 500 points or 59% weighted for the price of the construction and 41% weighted on the criteria for qualifications, financial strength, experience as well as safety records. for the purpose of determining the proposed price the construction fee percentage and the construction overhead percentage were multiplied by

clark who was at mta and trying to retire but we went let him and he was appointed but he was with tjpa as well and that seemed like a natural progression and i do take my duties very seriously. >> as i do as well and board officers are special and it's fine being -- you need to be an employee. i don't want to denigrate that or misdirect that at all but in my mind should suggest to you that you have a degree of autonomy beyond what you would otherwise think and for this budget and for other financial things you have a degree of responsibility beyond what you would otherwise have -- at least that's how i would read what being a board officer was intended to be from the agencies that signed the organizational documents, and as i say it's a little unusual, at least in my experience. nonetheless it needs to be honored, and you should be as well and i was surprised to see it. i didn't realize that. i had forgotten it really what it means but this is very critical in terms of the way you should look at this whole process in my mind about that. the other -- the thing that concerns me is the fa

tjpa has distributed 162 million to these groups over the life of the program. the third report is the investment report and we invest in a variety of different investments such as treasuries, commercial paper, certificates of deposits. some of our certificates of depoiseits and commercial paper matured since the report and in january and february. a portion of the proceeds have been moved to the money market move funds for payment and the remainder was reinvested. the next report is the inception to date report and presents capital expenditures and revenues since the beginning of the program and the next is the program reserve and contingency status report. this report shows draws on the various contingencies and program reserve for construction contracts and change orders and that's my report and i will take any questions if you have them. thank you. >> great. our next item is the budget revision schedule. we have been working with the mayor's office and others with the timing and processing of what we need to did to bring to the board, informational items for

the tjpa board of directors meeting on march 12, 2015 is back in session and we will report on closed session. >> in existing litigation with dnd construction v. balfour beatty infrastructure, inc., san francisco county superior court case no. cgc-12-525388 the board 4-0 approved the term of the settlement and authorized the tjpa to execute the settlement and attached with the staff report and the tjpa is authorized to make payment as certified in the agreement and take all other actions in the settlement agreement to comply with the settlement. >> thank you. that concludes our business and adjourns our meeting. thank you. >> good morning today is march 10, 2015 welcome to the finance committee of the san francisco transportation authority i'm commissioner avalos the chair the committee and today is clerk is steve stamping most and committee meeting is broadcast to everyone by sfgovtv staff nona melkonian and charles kremenak thank you for your service and mr. clerk any announcements. >> no announcements. >> okay. if you could call the roll. >> commissioner avalos supervisor campos su

the tjpa board of directors meeting on march 12, 2015 is back in session and we will report on closed session. >> in existing litigation with dnd construction v. balfour beatty infrastructure, inc., san francisco county superior court case no. cgc-12-525388 the board 4-0 approved the term of the settlement and authorized the tjpa to execute the settlement and attached with the staff report and the tjpa is authorized to make payment as certified in the agreement and take all other actions in the settlement agreement to comply with the settlement. >> thank you. that concludes our business and adjourns our meeting. thank you. adjourned. >> it is been an honor to work with mayor ed lee over the couple of years both as supervisor and now as president of the board i want to emphasize two areas i'm particularly proud of our work on omaha and our work on public safety together mayor ed lee and i have invested $5.4 million in incredible elevator repair at 9 inform public housing sites and also secured 2 pointed $5 million to refusal over one hundred and 60 public unit housing for families just

and approval by the tjpa board. we will provide flexibility in terms of the payment options. they can pay upfront and also installment payments or extend the period payment to last throughout the duration of the term. i'm going to let randy go into more detail about the components of the sponsorship opportunities. >> good morning directors, i'm randy. we are going to discuss the opportunities within the transit center for sponsorship. this is just an overview, kind of to remind everyone that the transit center is being constructed but around the transit center there is all kinds of new development. all sorts of new people will be living in the area. there will be opportunities for the sponsors at the transit center to have name recognition for not all of the new neighbors of the area but commuters, visitors to the transit center. just anyone who is interested in seeing our building. the components sportsmanship -- sponsorship opportunities is a breakdown of all the elements breakdown itself for a large the component

to option to have taxi regulations this is authorized in the transportation coincide but required tjpa to move forward i know we have the mta's taxi group that might be to answer questions another theme of the elements was identification of a lot of things that seem like they could make a differences the things will all make sense to define with a specific corridor or district recognizing that a lot of the different people that share the same street space have to agree here the idea to develop a pilot program to work together between stakeholders and agencies that will talk about what is feasible. >> the information this is a tactic we have discussed at some length recognizing the information about our night time information is not this easy to understand this is a screen so the from the 511 website that's our regional center of all transportation information nothing particularly wrong you can if it ain't broken, don't fix it find what you need but for the bus corridor that might look imitating and so then perhaps it is not surprisingly from our website people didn't know there was nig

tjpa has distributed 162 million to these groups over the life of the program. the third report is the investment report and we invest in a variety of different investments such as treasuries, commercial paper, certificates of deposits. some of our

there is another pledged property tax to the tjpa. this is an estimate and the actual disbursement is what is available in june and the next amount and from the formerly state owned parcels. whatever increment we receive and housing get a net share of that. there is amount for calpers for retiree health and unfunded liability and the pension. i will talk about that in a moment but they come to 1.1 million and finally some other small items that were there, the $700,000 related to transbay, some of the asset management costs and grant match that is carried forward on the shipyard. so the largest thing on this rops -- why it's a large total amount comes from the other funds and that includes almost $300 million that passed through our agency so it's not things that we're spending here. we're hoping to conclude the sales -- this was mentioned lasted week that these are sales that -- one of them already occurred but we need the authority on the rops. we didn't include it on this one and block nine and the other ones we hope that completed

but i imagine the goal was to be as clear as possible and i will defer it to maria but i believe the tjpa would have the final word. >> this is considered after thoroughly reviewing them and before we put out the advertising package at the terminal. that these policies have really served us well to date. we have no problems with the advertising at the station. at the end of the day, we would bring all of these components to the board. offers we would be looking at closely the advisory committee would have input, the community as director kim mentioned. today it worked well the way it's worded in detail. >> i would suggest that it maybe get relooked at because it's venturing into a new area of being artistic and freedom of expression. it brings all these terminology and different scriptures of what this means. it might be worth just looking at existing policies and seeing how effective it will be in dealing with those issues that you will deal with when you go through rfp. i know from the jpb that if the right mechanisms or dispute management or the claims, it could be, very small things c

challenges is there too much economic growth issues having that economic growth gives us the income to tjpa those the cities that don't have the resources to tackle the resources so i think your question about you know other opportunities to bring more money into the fold to tackle transportation i think about one of the housing recommendations and certainly today look at a fund to support affordable housing development in the city i think we're we've seen the type of fwifg that unhappiness within the tech community and other philanthropic community to tangle the fundamental challenges that i see effectively the city's economy i leave the question for more taxation to policy holders in some cases to prove that but a fair amount of resources going going into tangible those and the resources that our department has to table those resources makes a difference. >> what we see that market rate housing which say we focus on that like show you that will solve or effect the problem whereas we can generate revenue from market rate housing not a ton to help affordable housing but often miss the broad