Todays agenda. In addition to general Public Comment, Public Comment will be held during each item on the agenda. Members of the public may address the board for up to three minutes. You will hear a single chime and there are 30 seconds remaining. Prior to making your comments, please state your name and the organization you are representing, if any, for the record. So tease are for items that are not on the agenda. We have an agenda that is a special meeting for specific matters. So, if there is anybody who wishes to address the board on nonagenda items, please come forward. Hearing none item number three, communications to and received by tita. I think we have a audiovisual problem right here. Yeah. Are you ok now . For the time being. But it keeps ok. All right. So, yes. So, any Communications Received by tita that needs to be reported . Tida that needs to be reported . Item number four, Consent Agenda. All matters listed here under constitute a Consent Agenda are considered to be routine by the Authority Board and Electoral College acted upon by a single vote of the Authority Board. There will be no separate discussion of these ems unless a member of the Authority Board so requests in which event the matter shall be removed from then cosent agenda and considered as a separate item. Item 6a, approving the minutes of the october 11, 2017 meeting. Whats the pleasure of the board . So moved. There a second . Second. All those in favor say aye. Aye. The ayes have it. Ok. So, i think we have next on the agenda item five and six, which are dealing with the leases for the marina and for the Sailing Center and what i would like to do, because weve had considerable item already at our last meeting, what id like to do is to allow the public another chance to address the board that we will take these two items and have the Public Comments for these two items together and so if youd like to address the board on either items five or six, please im sorry . Oh, i we have a abbreviated presentation on the items as well. Yes. Yes. Thats right. What well do is have a presentation by the staff, open it up to Public Comment and then well bring it back to the commission for any proposed actions. So item number five. Resolution making seqa finds and Monitoring Program for the marina project in confirming the San FranciscoPolice Departments determination that no additional environmental impacts would occur as a result of project implementation and no additional environmental analysis under other than the case file memorandum attached as exhibit a would be required under ceqa and approving the authorization of a 66year Lease Agreement between the Treasure IslandDevelopment Authority for the development and management of the Treasure Island marina. And item number six, resolution making cqa findings in confirming the San FranciscoPolice Department determination that no additional environmental impacts that were not previously identified would occur as a result of the proposed lease and approving and authorizing the execution of a 66year Lease Agreement between the Treasure IslandDevelopment Authority and Treasure Island foundation, incorporated. A California Nonprofit Corporation for the Treasure IslandSailing Center. Ok. Thank you, directors. Ill run through a few slides on background and then invite jay wallace with Treasure Island enterprises to say a few words and Karissa Harris adamson with the Treasure IslandSailing Center also has a few slides to present. Well run through those very quickly. On background, the Treasure Island yacht club was created in 1966. And concuring with that, the navy dedicated the use of existing piers as a sailing marina. The new and improved expanded marina has been proposed as part of the island reuse since the initial 1996 base reuse plan. And in 1999, Treasure Island enterprise tida entered into leases with both Treasure Island enterprises and Treasure IslandSailing Center to operate the existing marina and to establish the Sailing Center programs on Treasure Island. The Current Conditions of the facilities are such that both the marina and the Sailing Center requires significant rehabilitation or replacement. And access to the cove is current canly limited due to the sand bar at the eastern end of the cove which limits access to the cove, both to access the marina, but also for recreational sailing and events that the Treasure Island yacht club has proposed over the last several years. And longterm leases are needed with t. I. E. And tise to allow them to finance these needed improvements to facilities. In terms of environmental review, the 400foot marina was the waterside impacts and scope were evaluated in the 2006 i. E. R. And the Land Use Program was reevaluated in 2011 as part of the larger overhaul of the landuse program for the island. The 2011 i. R. E. Continued to rely upon the 2006 analysis of the waterside improvements and included evacuation of a waterside improvement. The department of city planning has looked at the currently proposed marina configuration and concluded that the scope of the project is within the overall scope of the 2006, 2011 e. I. R. S. In terms of currently proposed scope of the marina, beginning in january of 2015, the Sailing Center and Treasure Island enterprises met on multiple occasions to discuss how the footprint of the marina might be modified to better support the programs of tisc. And the current lease with Treasure Island enterprises reflects a proposed 313slip layout for the marina. This is the footprint of the marina as it was evaluated in the 2006 i. E. R. And evaluate that with a shadow box as i move to the next plan, which is the current plan for the development of the marina, you can see how that original footprint relates to the currently proposed footprint of the marina. The actions proposed for today would approve a lease with t. I. E. For development of a maria of approximately 313 slips and occupying a water area of the docks of just over 800,000 square feet. And Treasure IslandSailing Center for land side site of 1. 8 acres and waterside improvements occupying just over acre. And adopt a previous environmental findings and mitigation measures. Neither lease approves the final design of the marina or Sailing Center improvements. Both projects will require review by the joint Aquatic Resources permit application, which is a group of state and regional entities which culminate in a consideration by the bay Conservation Development commission, bcdc. I have a few words on some of the issues that were raised in our last meeting. Regarding the marina design in particular. And the number, size and configuration of the slips in the marina is one of the aspects that will be scrutinized when the marina go to bcdc for consideration, but by comparison, the South Beach Harbor currently offers slips between 26 and 60 feet. And has wait lists for slips of all sizes and it is in fact, the wait lists are so deep that theyre no longer accepting additions to the wait lists. And pier 39 has slips between 36 and 60 feet and has wait lists for slips of 50 and 60 feet. Of the 313 proposed slips in the marina, 270 of those would be less than 60 feet and or 60 feet or less and 221 of them would be 50 feet or less. More than two thirds of all the slips. And as Treasure Island enterprises has attested several times, existing tenants will be able to lease slips based on the vessel, not the size of the slip occupied. Theres also quite a bit of discussion of dredging so i thought it would be useful to highlight the exhibit from the planning july 5 memorandum. This is the proposed areas of dredging for the marina. A new channel accessing the cove coming off of the southeastern tip of the cove. And then an area adjacent to the westernmost pier in the new marina. Also theres quite a bit of discussion of graph is located. Its at the along the southern shoreline of the cove and there is indicated in the plan a line of buoys indicated by the line that ive added here, showing where which would be placed to demark the eel grass beds and keep traffic out of them. There was also quite a bit of discussion about exactly what percentage of the cove the marina will occupy and theres figures of 13 up to as high as 32 , indicating the amount of the cove that would be occupied by the marina. And the image on the upper left indicates the areas on which a 13 calculation was based and the image in the lower right indicates the areas on which a a 32 figure was based so i wanted to kind of highlight from our perspective an approach to that which looks at the exist cove and its topography. The area of the marina here, including the western the area inside the westernmost Access Channel is highlighted in blue. This is from the proposed dimensions of the marina. This is roughly 1,000 feet by 1065 feet. So, one million 65,000 square feet. And the line that ive highlighted here is from the surveys of the cove is the 10foot depth line. You can see that that encompasses the Sailing Centers program area and the generally sheltered waters beyond the easternmost tip of the island. So, by comparison to the two prior images which had an area of cove area of about four million square feet up to six million square feet, this would be slightly less. But you can see based on these areas that marina would occupy between 20 and 25 of the cove. So, just giving you some frames of reference for that. And then i wanted to highlight here the yellow line, which is the line of the westernmost pier in the proposed layout as well as the red oval, which indicates the access stairwell from clippert cove quarters 10 down to clippert cove beach. For discussion of the beach access. That yellow line representing the westernmost extent of the pier is laid in here on an aerial photograph of the cove relative to the beach and the stairwell from quarters 10 down to the beach is located here. So, you can see the proposed proximity of the future improvements relative to the existing improvements and the beach. And these just show the beach access in addition to the stairs at quarter 10. There will be an a. D. A. Pathway down to the beach. From the intersection of clippert cove boulevard and Treasure Island boulevard. With that, id like to ask jay wallace to come up and say a few words. For Treasure Island enterprises. [inaudible] also want to thank everybody whos here again today. [inaudible]. I also have with me today randy short whos been with us excuse me. It sounds a little loud. Randy short whos the president of almar and who has been with us since day one, the manager of the marina, sitting in the back row. So i think bob answered most of the questions. I know i had some other comments about what is it, 30 or 13 . He kind of picked the middle ground. If you look at the entire cove, the maria is 30 if you take what bob came up with, it is 25 . Even if you look at some of the Sailing Center depictions themselves. Its substantially less than 30 . So, i think hopefully that issue has been put to rest. As bob said, commence about whats the new slip, for the existing marina occupants, they will be offered a spot in the new marina and will be charged on the lineal foot of their boat, not on the lineal foot of the slip and i want to reiterate that. As bob mentioned, well protect the eel grass. It is being protected today during the caltrans or was protected during the caltransconstruction of the new ramps. Those buoys are there. They will stay there and they will be carefully monitored. We hope and we think that from what we read in some of the correspondence from the Treasure IslandSailing Center, their programs will be maintained. They may not grow as fast as they had been growing but i hope that what well hear today is their programs will be maintained and the youth of San Francisco will continue to have the great opportunities to access the Sailing Center and the cove as they have and all through the outstanding work of Karissa Harris and the Sailing Center, travis and their entire team. We hope that that will be the case. That will certainly be one of our goals as well. That will be the last issue that perhaps we want to address comments that were made about mentions by the division of boating and waterways. When we went forth and obtained a loan to help build the marina, what the comments were that dbaud, was requiring a dredging allocation that is not really the case, but what they said is a condition of the loan, they wand us to put money into a dredging fund, not that there would be annual dredging. The issue of dredging will, as bob indicated, will be heavily scrutinized by the jarpa, the joint aquatic organization, and the bcdc. And it will be determined over time what that actual dredging looks like. In some years, it will be greater and some years the filtration will be less and well address that as the time comes. But well have mitigation measures in place and be subject to continuing bcdc jurisdiction on that permit. And permit applications for additional dredging. So, it has been a long road. Weve been at it a long time. We hope that today is a day in which we can celebrate, as Sherry Williams said two weeks ago, a lease for the Sailing Center and for the marina because that is really what one of the hopes and dreams of Treasure Island has been. Happy to answer any questions. Randy is here. If you have any specific questions about the marina operations but looking forward to your support as the day goes on. Thank you. Thank you. And invite karissa to come up and present the Sailing Center programs. Thank you, directors. Thank you for your time today. My name is Karissa Harrisadamson of the Treasure Island sailing foundation. On behalf of our boards and directors and supporters, i want to thank you for your time and support. As our executive director travis lund actually, can we get that powerpoint up . Is that so, as our executive director travis lund described to you last meeting, we have a consistent mission over the years to create opportunities for people to learn and grow through sailing by providinging facilities, sailing instruction and access to the water for people of all backgrounds, ables and skill levels, from the novice to the owe lifpian and this has been our vision from the very beginning and were excited to build and explore on this as we move forward. Our vision is really simple. We want San Francisco to have a firstrate community Sailing Center that provides universal access to the day that teaches our kids much more than sailing. And through this, we will provide opportunities for recreation, education and growth. Weve already served thousands of sailors since we began in 1999 with our first class of just nine girls and i think more importantly, weve shown that were sustainable Nonprofit Organization that is true to its mission of providing access to the bay, access to sailing, and access to a place where kids from all background can grow together. I know that travis went over this last time, but we have a vision for the future that i think is really much grander than what weve been able to provide thus far. We focused a lot on sort of the grassroots. The very, you know, beginning of sailing and the young sailors. However, we feel that a bestinclass Sailing Center in San Francisco requires really three core parts. One is Community Access and recreation of sailing. The other is education through sailing. And the third is mastery of sailing performance. We feel that our programs have really a lot more to offer to develop excellence in stewardship, citizenship and athletecism. Our future includes a pedals to podium pathway. When we started this in 1999, there were a lot of us on the founding sailors and racers and we envisioned that this program would provide these pathways and experiences and opportunities from all backgrounds and im really excited for this lease to take hold because it will give us the opportunity to build something where we actually can provide those opportunities for our kids. Those kids who really want to apply themselves and train and dedicate themselves will find that they have a lot of opportunities not only in sailing but also theyll have a lot of opportunities to develop themselves as people, as athletes and role models. We are very excited that u. S. Sailing has adopted us as one of their centers of excellence. We received National Awards from them. Theyre very excited to commit support to us. As well as the educational level and we are also working through stem, a Technology Center that they will be supporting us with. With careers through education as well as maritime careers and pathways. Youve seen the facility plans that are in their beginning stages. Longterm lease will help us foster these and develop these further. I think some of the core pieces of the lease term sheet that id like to go over is just the milestones. Despite the fact that were in our beginning stages of developing our plans, we have specific milestones throughout the lease that will require us to develop things in a timelien maer. We feel we can hit these milestones without any problem and obviously securing a 66year lease is critical and being able to raise the funds to do so. Something that i think im most proud of about this lease is the fact that there is a strong dedication to youth and adult volunteerism. So, the first component includes a description of what a youth scholarship will be for the 66year term. This is based on the San Francisco park and reriation. Recreation. Its even more liberal so it provides more support than the park and rec suggests and weve never turn add child away. So, although we do ask for some verification of being of having need, if someone has an outstanding circumstance, weve never turned them away. And we will continue to do this throughout our programs. We also feel strongly that families should be able to go sailing and adults should be able to go sailing and we dont want finances to be a barrier. So, weve incorporated a volunteer rewards program so that adults that want to volunteer can do so and can sort of accrue, if you will, time in boats. And we think that will be a really nice way to get both adults and families access to the water regardless of their financial background. So, i think that, you know, i know this has been a long haul and i appreciate your time or these last two years and listening to some of our concerns about space and moving forward. Im really happy to be here at this point in time. Ive been working on this project since its inception in 1999 and never dreamt it would take this long. However, im glad we had the time to development our programs and show that a Sailing Center can be something that can thrive in a city, particularly a city like San Francisco and ask you for your support today of this lease so we can move forward and build some great things to come. Thank you for your time. Thank you. Were going to open it up to commissioners questions first. And then afterwards well open it up to the public. Before we actually take action. So, commissioners. Do you have i see ms. Richardson thank you, commissioner. This is a great day. I just spoke with the commissioner and i want to reiterate some of the things that we can really capture that before we get into the voting. So, in your presentation, your Powerpoint Presentation we saw the size and the configuration and its compatible with South Beach Harbor, pier 39. But one thing you mentioned here, and i want you to state that, so the proposed we get the 221, two thirds of the slips are going to be on the 55th. Is that is that if your presentation . Just say yes or no. Its important to me that you yes. More than two thirds will be 50 foot or less. Ok. It will be more than ok. So, there is a very significant, you know, number. And the other question im having is that i was looking at some of the since we will be voting on the e. R. , the Planning Commission, naturally the engagement with the Planning Commission is very informative that the expansion of this marina and the operations of the Sailing Center do not have warrant any further review of the e. R. Thats funding from the Planning Department. And right all there, all your technical data. Yes. Yes, the Planning Department determined that todays actions dont require any further environmental review. Fantastic. And the other comments i want to make has to do with the powerpoint testimony, a comment from the Sailing Center and that this is what this is all about. This is what its all about. And i hope that those statements that you made, that you can package them and there are people watching, but not everybody. Every now and then we give information. Im going to challenge you for that powerful information that i would like to read that. What you just stated here. And in the twoyears that this commission has afforded the meticulous time, staff time, commission time, looking at this issue, its really what im challenging you to do because your statement is very powerful. It needs to be conveyed outside this so that people can get a Bigger Picture and its also going to be helpful to the Sailing Center when you are trying to do your fundraising, when you are trying to articulate. You do not want to get drawn out with all of this other stuff. So that is my message to you and thank you for that wonderful presentation. And for the t. I. E. Thank you. And then well go back to the other opportunity for voting next. The public hasnt able to speak yet. Maybe there will be something that will blow it away. Oive personally done a lot of research. I live there. I live on the island. I talk to people can, my neighbor whose live on the island. For the most part their excitement about this project, many people on the island do sail. Maybe some people on the island think there is potentialer it more employment for island people there. There will being definitely more employment for us, the people that live there. That is very important. Its been helpful for me to walk around and see how big it is. Two weeks ago it was mentioned that we could be pitting lives in danger but it doesnt seem to ring interest true. Again, im sure that the people who have stated there feel very strong wilstrongly about that. Everything that ive seen, this is going to be a really wonderful project. Project that met both the agreement of the developer and of the sailin. And so, im feeling, you know, it takes a while to feel 100 percent comfortable when there are so many issues and things that people have pointed out. But ive gone down probably every objection and i feel pretty comfortable about this. 66 years for a lease p for an organization that has never turned a child away. I think that is a very important thing to recognize and to feel very proud about. So, i as a stee it righ see , this is one of the better programs ive seen come through and ive have years and years on many commissions and seen many pro comiezs tha compromisest end up not helping either party. This seems to help both. The people on Treasure Island and citizens of San Francisco and bay area so i strongly support this. So thank you. Thank you. Miss fei. Im sorry mr. Small. Thank you. Madam president. I will keep some of my general statements until after the public testimony because i do want to hear more of what the public has to say. I have a couple of questions to ask you, bob or anyone, project sponsor. Some of my spern concerns from e last hearing have to do with availability to slips for current users of the marina. We had several people come last time mentioning they had smaller boats, less than 30 feet in length. And they felt they would not have access to the new slips. I do understand that the number that you shared today that many of them are going to be below 60 feet and that all existing tenants will be able to use 2z. Bcdc is going to take a look at more of the details of this. How with pricing of the access of the slips going to be decided . Ill invite jay or randy to p speak to their approach to pricing. Thank you for the question. Randy shore with l. R. Management. Were obviously going to price it in line with what the current market is at the time. We need to rent slips, there are vacancies throughout the bay in various places. Its competitive out there so we have to maintain competitive prices. So people with smaller boats, i guess, the pricing based on the size of your boat . Weve agreed that well charge according to the size of the boat for the people in the marina. And i you know, the slip size, understand that you can always put a smaller boat in a bigger slip. You cant do the reverse. Within the marina that exists out there today, weve been operating that marina since 1999. There have always been vacancies and theyre always in the smaller slip and we always turn away the bigger boats. So this when you when i build a marina, ive done this for 30 years. When you build a marina, youre troog ttrying to accommodate ev. This marina is going to be there probably 75 years. So what were building today has to be flexible enough to match an everchanging market. By going to a larger slip, you have much more flexibility to do that. So basically larger boats pay more than smaller boats. What is, i guess, with the i mean we look at the wait list for slips in the other marinas in the other harbors that are waitless. What is to assure the smaller boats as they compete for slips that they will not be price the out of the marina . The smaller boats have a large advantage in the marketplace because there are an abundance of small slips. So the smaller boats actually have an advantage in the marketplace. Because that will probably remain the case for a long time to come. Okay. Thank you. I have another question, not a question, but a comment from the Treasure IslandSailing Center. I appreciate that miss harrisadams support for this. I did read some of her concerns about the shrinking of the areas for youth and i looked at figure 1 and 2 and saw the sort of smaller areas for uses for participants. I want to make sure i know you support this. I want to make sure that you feel that this is adequate. I mean, you probably do because you support it, but i want you to speak to that a little bit more. Sure. I mean, we accepted this marina proposal because we were otherwise facing this staff approved proposal that basically would have shut us down. We would have been shut out of the cove all together and the majority of our programs as we know it would have had to stop. So, this proposal will allow us to continue. It will allow the majority of our programs to continue. There will be some pretty drastic changes so some of the programs. To some of the programs. We accepted those. Weve accepted this proposal as a way to move forward. Its were pleased that we actually came to an agreement. Were not pleased with the proposal. It has had a maximum negative impact of all the proposals we had discussed. Thats where we lappedded. Okay. Thats where we landed. Okay. Part of the reason i wanted to clarify some of the facts around how it would impact our programs is there are a lot of technical aspects to which programs will be affected and how. I will im just i dont want to be the one that i dont want to be in charge of this decision. This is for San Francisco leadership to decide. I can tell you how this decision will impact our programs. Ive been around boats my entire life. I was on the u. S. Sailing team. Ive taught sailing a long time. You know, im an educator. So i feel like im a good resource for being able to share with you what i think it will mean both for the sailing programs as well as for the childrens growth and thats what i can share. Do you want me to go into more detail . No, i wanted to hear from you because you sent a subsequent correspondents to us clarifying some of the areas. I wanted to make sure i heard from you directly. I know that everything is about compromise. I do understand that. And i know that, you know, its not ideal for either party. I know the marina has to compromise and bring down the number of slips from 400 to 313 and you losing some of the Public Access for your participants, youth and all the programs. I wanted to hear it from you as to just to make sure that you feel that your programs can still move forward and be successful. Thats all. They will be different. You know, for example, one of the things that kids really love is being able to sail the beach. Thats a huge moiumental first feat. The majority there will be many young sails that are wouldnt be able to make it through the beach, through the nairinaironarrow cut. Well have to tow them. Thats a change. High School Sailing is probably what im most concerned about. In the sense that i dont know that high school and College Sailing will survive there. I hope they do. But they have maybe enough room to practice. They wont be allowed to run ras he more. They need a team to connect with at college and weve had success with our High School Sailors going on the college team. The other thing is there wont be our beginner space is really the, what will be impacted a lot. There wont be quite as much growth in our Education Programs for the very beginners, the orientation programs because you have to manage both traffic and there is so many boats of that skill level that can be in the same area. You know, those are some of the compromises. We willing made the compromises. We wanted to make sure we could go on and make sure that we know 1d and this program. And so, you know, we made those. Obviously as youve heard, to the displeasure of many in the Sailing Community because they understand from a professal and personal level what were giving up. Do you operate a crew from this . Like youth crew teams . We dont have crew teams. Its we have kayaking and standpaddleboarding and sailing of boats of multiple sizes. Thank you. Miss fei. Could you come back to the mic, i have a question for you. Can you give me an idea of what types of trade off would need to occur in order to access the beach for the young sailors . The marina would need to shrink further to the north. So its a distance to the south that makes it hard for the sailorses to access it. By how much are we talking about . A third reduction . Half . Do we have the if staff could put on the presentation again. I probably cant give you specific details, because our architect did all the dimensions. But there were yeah. Its right here in this area [inaudible] [away from mic] and so, actually, just for the benefit of folk whose might be views this from home, i think you were pointing towards the southern dimension moving up north. And you were mostly pointing tonight bette berth i think a a. Is that neck the most critical dimension . Versus the piers that are closer to the beach actually . Um, the its mostly these three here. Clearly, you know, if the marina can move further to the north, it opens up the upwind space to access the beach. The beach they go to is along here. So, thats the distance. Compactly how much distance, i cant recall. Thats okay. I think since the project has gone through so many iterations, can you help me understand in some earlier versions, the length of the pier was actually shorter, but it covered a longer distance along the marina. Can you explain to me the impact on the Sailing Center when the configuration was actually it was wider east west. It was shorter here. That was most problematic. Not only did it shut off access to the beach, but it shut off access to our sailing circle. The area between we have a line here you maybe have seen. This is what we functionally use right now as our beginner boundary. When beginners get behind this boundary or to the east of this boundary, thats when we start to keep an eye on them and tow them further to the west upwind. S thaton days that is windy and they can drift to the east quickly. This area in here is critical. Right now the kids sail, they have this nice area to sail upwind. The problem when you reduce the upwind distance, they end up being able to have a smaller area to reach back and forth in. You cant put as many boats there. For set sail learn, we were able to accommodate every fourth grader, to do that, we run multiple classes at the same time so there are multiple boats there. Well stick with our current model moving forward which cannot accommodate all fourth graders. Is it correct for me to assume, since it sounds like youve had several different versions discussed between the Sailing Center and enterprises, that this is the best configuration at this number of slips . Or is there a different configuration if we were to is there a different configuration that would improve your Sailing Center operations while maintaining the same number of slips . Is that possible . If you reduce the size of the slips, it is. Then you reduce the size of the footprint. If it was accommodating more boats of smaller sizes, you could fit the same number of slips into a smaller rectangle, essentially. Meaning there is no possibility of maintaining the same number of slips and the a different configuration that would improve your operations . Okay, great. Thank you so much. So my other part of the question is, i would like to better understand, really, why the propose the mix is necessary . First of all, i have to give a lot of credit for enterprises for sticking with the process so long and to be a willing early adopter of redeveloping, helping us redevelop the island and marina. I think that its easy to maybe ignore how much of a commitment that takes. And the necessity it will is for the islands future vibrancy to have earlier adopters willing to put in up front Capital Improvements to halt the entire island. But for me, the question is it sounds like this is the best configuration achieved. But the missing information for me is whether or not the marina could still be financially viable if from is a redk reductn slip sizes because it seems like its the only remaining compromise. I think thats a question for mr. Wallace or perhaps commissioner, im jay wallace Treasure Island enterprises. Thank you for the community. We believe first of all as randy short who has been in the industry for 30 years operates the Treasure Island marina for us since day one, oakland, al alameda up and down the state. The market is in the larger slip size. As randy indicated, we currently have have a capsies in th vae 30s but there are not enough slips. Were trying to build a marina that is going to be world class for Treasure Island for many, many years to come. We believe that the market is such that twothirds of the slips that are 50 feet or less as bob indicated, which has been the case since the last nine months is the right mix. The marina from a financial viability standpoint is tenuous. Were continuing this, but its never going to be a tremendously lucrative opportunity. Its part of the vision of Treasure Island. We think that our trac practical experience and empirical evidence all indicate and long term viability indicate we have the right slip mix for the future and thats what its based on. Mr. Wallace, would you clarify how you came to this conclusion . Were there Market Studies done . Yes market study were done and based on the industry. Weve been operating the marina since 1998 maybe 2000. So it took 17 years. Mr. Short who is an expert in the business has been analyzing market slips or slip rates, slip sizes, Market Conditions in the bay area and throughout california and beyond, mexico and hawaii as well for 30 years. Thats what its all based on. Its based on empirical knowledge and information that weve obtained. Thank you. Bob, i did have one clarification question for you. You mentioned in your presentation that pier 39 has a wait list for boats 50 feet and above. Do i should i that i can that to mean there is no wait list for smaller slip sizes . Yes, they currently have one vacancy at 450. 45. I believe three at 40 and 10 at or 36. 36 is their smallest slip size. Do you have a general sense you may not have the numbers in front of you, but what is the slip size mix ratio for pier 39 . I dont have those ratio numbers at my fingerprints. I think from past testimony, i believe it was mentioned that there is very few slips for larger vessels. I just dont know what the proportion of that would be. Is that correct . I would need to verify it. For south beach, you know, as i mentioned, there they actually publish their wait lists on the website. So, for the 30foot slips there, i believe they have in excess of 60. 60 individuals on the wait list dating back to 2006. And for 50foot boats, they have 46 dat dating to the year 2000. Considerable wait list and aged wait list regardless of slip size. Thank you. I think for me, the issue of the slip mix is i see it similar well i see i guess this marina a capacity issue similar to our transportation and housing issue. Its a regional issue. I feel that if our numbers are currently demonstrating that the need or the demand is in the larger slip sizes, as evidenced by the other marinas around the area, it would not be appropriate to have some slip sizes that are larger. Im still fuzzy on exactly where that balance should lie. I feel that if there were to be some independent information, it would help clarify the issue for moo, not just information directly from enterprises or the Sailing Center, but some sort of data that comes from our own consultants. Thank you. Mr. Giusti. Yes, so i realize this item has been under discussion and review for years now. Before comin coming in front ofs today. I think in my mind, after hearing of this, that i believe that there does need to be rehab needs to be done to the marina. It needs to be consistent with the new development and building that is going on on the island. I also understand there is significant number of users in the cove that are still not happy with the current design. And i guess i have a couple of questions, im not sure who to direct them to, but when would would be, if we pass this rear today, i understand what the next steps are, would there be other issues around the marina that will be coming to us in the future . Or is that something that well have to wait and see . The lease doesnt necessarily call for, you know, the design after bcdc permitting to come back to tida board is something that wed be happy to bring back. I dont believe there would be any further discretionary actions of the board in order for the project to move forward. Then i guess the second part is if we did vote against it, what would happen next . We would have to go back to the drawing board and try and working from the boards direction, come up with a concept that would satisfy the board. Thank you. I see that mr. Dunlop, do you have additional questions . Or are you i would prefer that we get our questions to staff and to the applicants first. I know that we all have opinions on this, and well maybe reserve that for when were ready to vote, if we could. Is that all right . I have some questions too. Mr. Beck. I just want to make sure because for me, the issue of Public Access is probably the most important. And i know that there has been numerous emails and letters talking about preserving the access to the cove. I think that perhaps there is some misunderstanding as to what that access would be to beach. And im glad that you clarified that today. But i just want you to go over the Public Access to the beach to critical feet from both the waterside and from the land side. And tha it would still be open to boaters whether kayakers or people with canoes. The beach would be still open for small paddle craft access along with other locations on the island including the Sailing Center. Center, which would have facilities for the launching of kayaks and similar boats. The beach still will have improved land access with an actual a. D. A. Trail down to the beach as well as being accessible from the water whether thats small watercraft or the anchorout community would be able to anchor in the cove and take a small craft over to the beach to access facilities on the island. Thank you. And then the dredging for the cove and access to the cove