Its your decision now. Its up to you to right the wrong of previous supervisors and maybe hood busy bodies who have said no. Its beyond time to say yes to more housing. And just jumping back to the commenter before last. Im so tired of housing secure People Living in Million Dollar homes. She cited black lives matter as a reason to say no. Ive never been so offended by a Public Comment in my life. Dont just give us thoughts and prayers. Imif ugive us housing. Thank you. thank you. And thank you for your patience. Next speaker please. Looks like we have three in queue. it should be a slam dunk. I hope you vote to a approve this housing. Thank you again. thank you. Next speaker, please. good evening. Thank you. Let me get rid of my Television Screen here. Ive been waiting for a long time. I am a former five year planning commissioner and have dealt with these issues of Affordable Housing that is just sohas been so important all these years. My Home Owners Association was a park association. A Home Owners Association from the west side. Lets have an Affordable Housing plojhousing. Theres been concerns about th thisits proposed that this enormous parcel. This is a bad deal for the city to say the least. Why not lease the land to build the land for teachers and working class people. Ive been in this game for thirty years. Its time for city hall to break the hold. Lets break the mold. We own the land. Lets find a way to use this land that we own. Thats the most expensive part of building is the land. We own it. When the pu c says oh, rate holders. We have to consider the people who are paying for their infrastructure. Im sorry. Everyone cares about the city. Its time for the city to break ththe mold. thank you so much for your comments. Next speaker, please. good evening. This is annette i want to register my strong support for this project. I have to say its very seldom that you see this amount of affordable in an inclusionary deal like this. Five hundred fifty units out of eleven hundred yo in total is extraordinary. I think thats tremendous that developers are willing to do that sm bridge house p bridge ht developer. We really need the Affordable Housing the teacher and educator housing is a great boost to this. I hope that the supervisors will support the project and get this moving after twn twenty three lg years. next caller please. please ask him to explain his comment. 50 of the lan will be deeded back to the city to control. The parameters were included in the rfq. They were supposed to be observed. They called for permanently Affordable Housing and perp petd perpetuity. The lapping waw language was tr. Its happened in foster city when the properties became a forrabilitaforrabilitypropertieo waive the height of the western port of the property. That was not vetted by anyone. The alternative road that goes through the campus that the developer and the city want. That was not vetted in the process either. I received information from the Real Estate Division that on november ninth of november 16th the Real Estate Division put out surplus city property. I was told that the Real Estate Division who funded city college did not receive a copy of that written notice. They should have. thank you. Next speaker please. im very saddened to think that someone that claims connections with city college would show such disregard to the community of san francisco. There was a study commissioned yiers agyears ago that shows the value the city college provides comes to thirty one million per year. Its scheduled to be a siphons e building. It was meant to be for parking so people can access this. Improvements and construction to renovate city college if nobody is going to be able to get to it. Theres seven years of dust an noise an intense traffic pollution to the area while all this traffic is going on. Theres no respect to the will of the voters that are rurnlg uy needed. thank you. Next speaker, please. We actually have four in quow qe now. yes. This is equity for older students. This project reminds me of a character of pop eye who said ill gladly pay you tuesday for a hamburger today. City of san is in dire straights. The forty plus older adult programs. Campuses closing. P iis there to be another cut to potential growth including afford tbl housinable housing f. I would like to mention two letters that were sent to the committee and budget finance committee. One is the july public lands for public good and defend applian appliance. Both of those letters are carefully argued and presenting a great deal of fact regarding this project and the many reasons why it should be rejected. I hope you will read those and keep in mind that public land should be kept for public good and not private. thank you. Next speaker, please. were having an issue with the Public Comment line. It should be up and running in a moment. caller, please make your comments. im calling to support the housing billing at the reservo reservoir. Theres a lot of proposal that are lack of housing that we need in san francisco. Two to three bedroom homes. The proximity due to the park and community stations. Thats exactly the kind of project we need to improve our housing crisis. thank you. Next speaker, please. im a resident of district seven. Walking distance to the site. Lets break the mold. Lets build something. This Housing Project is the best use of this site. Now it the time to build it. Over the last years, its has been carefully planned with the interest from stake holders and development. Extremely high portion of affordable units. Access to transportation, shopping, services, this is a good urban planning example. Im sure that Detailed Planning phases and safety for all pedestrians and bicyclists can be taken care of. Im in favor. Thanks for your consideration. thank you for your comments. Can we have the next speaker, please. hello. Im a city college student. I think im most excited about for this project is the urban spaces and the public parks. Having an open space for us and the entire Community Within that area is very beneficial. To address our affordability crisis in the city, its crazy. Not only am i able to stay in the city. Folks of color and my friends and folks who have an attachment to this city. Great transportation amenities. Parking for our students who are considered lifelong learners. Very excited to support this project. Thank you. thank you for your comments. May we have the neevmen next sp. good evening supervisors. Im a resident in district two. Im calling in support of this project. I wish we could build even more homes here. Ill take what is on the table. This is has been a long process. This is the project that has come out before you. Its not going to please everybody but i think it has a lot of great things going for it. Affordable housing is very expensive to build in the city. Its hard to find the money for fund it. Its a great use of land and subsidize housing to get something for everyone. We know that we have reallywe need to be building more housing. Low Income Housing and this is one examine m o examine m examp. mr. Chair, that concludes the line of Public Comments on this item. okay. With that are there any questions or comments from my colleagues or the sponsor of item number eight . i think supervisor presston might have some comments. i want to make sure i understand some of the comments on the value of the land. Is theis it accurate that the land is being sold for fair market value or less for exchange of Public Benefit for the project. the property ordinances which advise enterprise departments to consider high levels of Affordable Housing in their surplus property. This was a fair market value appraisal with the thirty three percent affordable residual val autvalvalue was eleven point for Million Dollars. The difference in detail is simply that the actual proposed project is 50 affordable. The difference there is that they will be providing the gap for that 17 percent. The policy background of proposition k and property ordinance does allow for the fair market value to be based on 33 percent. They must get fair market value for their land. i dont want to belayer that. Belabor that. You take into account 33 percent affordable. How would that violate. I dont understand how prop 218 locks in that value. Im trying to understand. Theres nothing about prop 218 that would prevent one from running the same number. You have a lower fair market value with the value for that marketability. Right . yes. Using a Development Approach and the way land is valued under real estate everything is factored into account that has a cost. Affordable housing has a cost that effects the residual land value. whatbecause this is land that the Enterprise Agency and because they have a fie fiduciay duty to the landbased on certain assumptions land value has been diskowne discounted atc good. Right now anybody in the market would have to assume our inclusionary rates. The rate is higher. Residual land value is less. That assumption of 33 percent is consistent and comparable with other projects of this size which is what an appraiser would base a fair market assumption on. Those are the groundings that were established early on in 2015. The 33 percent that would be considered part of the fair market value assumption. i think theres a policy decision, thats one thing. Im not seeing there would be3m required under prop k. The code allows for pu c to sell at less than that. Its explicit the administrative code on costs. It can be cold for less than the fair market value. Im trying to get clarity. I understand theres a policy choice, charge the money, sell the property, or discount that and sell more affordable units. Im not seeing what the legal restriction of 218 would be to do with making that policy choice. ill turn it over to our city attorney. Ill invite the po c to contribute as well. deputy city attorney. supervisor preston. Thank you for the question. There are charter and state restrictions that the state get fair market value s. The ordinary administrative codes conveyed for less than fair market value is restricted by that. What wein this project, we determine that 33 percent is a comparable development in the market. Thats the basis for this determination and the a raisal anappraisal. Thats the reason ft and therefore the prays of the e property isthe land doesnt bare the dmishment of th the di. in the court cases, you i assume theres no appraisals done at other assumptions. I would also add, supervisor preston, that we have spent the last four years conducting additional economic feasability analysis to show you the package of Public Benefits in the project. And just the level of Public Benefit, the costs associated with those benefits, that the developer will bear really also further indicates that the 33 is an appropriate value to make the project financially feasib feasible. Supervisor preston thank you. One other clarification question. Just on the parking and i recognize my district is very different than the terrain here. So, you know, we are obviously trying to push down the parking levels as much as possible and some of the stuff that is served better by transit. So i recognize that its apples and oranges. But im just curious to see a thousand parking spots like how much is residents . What is the ratio with the residential units and i understand that some of this is for city college sort of reclaiming some of the parking for city college. Is there a breakdown of that . Sure. Stu, do you want to discuss the parking breakdown . Sure. The site for residential parking is parked at 0. 5, so half of the you know, of the parking spots are for half of the units, right . Im sorry, im getting so tired that i cant even do my math anymore. But for the 1,100 units theres 500 parking spots for residential parking. And theres also a Public Parking garage that will be on the site. And that will allow up to 450 spaces. Supervisor preston thank you. And then the last question i had im trying to just understand i understand that its pending ceqa appeal and theres a few other documents referenced. So the Development Agreement, im assuming that is before the budget on thursday. So that hasnt been finalized yet. And then i understand that theres an m. O. U. Maybe the developer can address this. I just want to know what the status of this is, and i know that between city college and the developer i think that its going to be negotiated and i dont know if that is finalized. But neither of those are documents that i think that are before us for approval. Or up for review, right . I dont think that either has been finalized. I will just clarify that, yes, the Development Agreement is going to be heard by the Budget Committee due to the fiscal impact of the gap funding. Alternative to the developer to speak to the m. O. U. [broken audio] so its not a city acti action. Sure. Kiersten, this is joaquin to claim in as well. And we have been working for however long that it has been that we have been selected for the project, 3, 3 1 2 years now. We have made a number of commitments in the d. A. , so with our grant with the city, to fund many of the the things that we have heard that are important to the college, and the parking that you just talked about. We have been working on a parallel track to grean on an an m. O. U. With the college and were waiting for a draft from them. We have been working back and forth with the Prior Administration for a couple years. That effort stalled last year when the administration left. And the board of trustees has picked that up. We are really excited they picked that up and they had a meeting two, three weeks ago to say this is a priority and they need to get it done. They plan to hear something on thursday, we havent yet seen the draft so were excited to see what that is and hopefully were moving that effort forward very quickly as well. Supervisor preston already, so the thought of the m. O. U. And the d. A. Both done by the time that it hits budget, is that the goal . The d. A. Will definitely i mean, the d. A. Is done. And and, you know, the commitment to city college in there are you know, are set and its been negotiated with the city and, you know, as much as we can with the college. Our desire would be i mean, budget is wednesday and the city College Hearing is thursday. I dont, frankly, know what the college is intending to propose on thursday so its hard to say if well be finished. But our process has been to have the city college m. O. U. To be completed in time for for the boards approval. Supervisor preston all right, well, thank you. Those are all of the questions. I just want to say thank you. This is, obviously, has been and, president yee, im sure, an enormous amount of work to move to have this level of neighborhood consultation and this many different parties involved in such a complex development plan. So i look forward to when the whole package is before us at the board and thank you for indulging the questions at this very late hour. I appreciate it. Thank you, supervisor preston. While the d. A. Is largely done, i would like to suggest that there are still some accommodations that could be made between the parties in the d. A. , including but not limited to a representation that there will be no going back in the future on affordability and the reopening of the d. A. Will never go to that issue as well as the involving conversation around timely performance, the quote unquote use it or lose it. So those things are still in play as is the issues with the m. O. U. Of city college are but i do want to thank the development team, and the public and particularly president yee and his staff for a long, long haul and were not done yet. And given the pending ceqa appeal, colleagues, if there are no i see supervisor safai, so ill recognize supervisor safai, but then if its acceptable i would like to make a motion to send these items to the full board without recommendation. Given that there is a pending ceqa appeal. Supervisor safai, the floor is yours. President yee and before you do close it up let me of course, mr. President. Thank you, chair. I just wanted to say from the perspective of the neighboring supervisor, this particular project straddles both districts. Its clearly in district 7 and i just want to give a special recognition to president yee for all of his hard work and leadership on this, to jen lowe on his staff. And i know that the president will be thanking his staff but i just want to thank her for her constant communication with our office. Bridge housing and Mission Housing and avalon and the Planning Department of the economic and workforce development, and very importantly the leaders and residents of district 11 that reached out to our office and were involved in the process, many of whom spoke tonight. This is not an easy endeavor and i think that president yee will tell you that district 11 and district 7 have not had family Affordable Housing built on any type of scale. They have a couple of projects in the pipeline but a project of this magnitude and impact is significant. And, again, you know, both to the ballot matter and when we passed the Affordable Housing bond last year with the leadership of president yee and the mayor and many members on this board, including myself and others that were involved in that campaign in fact, all of us, but some of us were more deeply involved than others. That then is going to help to fill the gap and to keep the commitment to building 50 affordable which, by the way, there arent, you know, i have been very fortunate to have a 50 affordable at 116 units. This is 50 affordable of over a thousand units, which is significant. There will be agreements made on local hire and outreach and community. Supervisor peskin talked about some of the amendments thattee asked for, lose it or use it and some of the other things. We worked with president yees office and everyone to ensure that the neighborhood preference radius would have real impact in this part of town. I want to thank supervisor yee for working withous that. Were going to be making that through his support, the budget and finance tomorrow. That will ensure that the communities concerned, those that really need and have the ability to qualify for that will be able to do that in this process. So i just wanted to say thank you to the residents of district 11 and district 7 that have been involved in this process. And i think that this is a this is a project that will have Significant Impact for our part of town. And understand why some people asked the questions they did, but wanting to see 100 affordable, but understanding that that that is a significant, significant Financial Investment on the part of the city to build a thousand units. So 550 units is a Significant Impact for those in need during this housing crisis. So just wanted to thank everyone for coming out today and giving their Public Comment. And we look forward to moving this forward today. Thank you, president yee. President yee so, can i take the microphone . Yes, mr. President , of course you can. President yee all right. I want to thank the public for coming out and you can see how passionate people are one way or another. Its been my experience that ive seen this for the last five years where people have tried to articulate what they feel are what would be best for this city or in this cases for city callers and if many cases for people around the neighborhood or a few blocks from there. But to date, you know, i want to make a couple of comments we have for those that arent familiar with city college, sometimes it makes it sound like were taking away some of the education buildings or something from city college as people are saying that they wont have access to it. In fact, all were looking at is the the land that belongs to p. U. C. And always has been part of p. U. C. And theyve been gracious to allow for city college to borrow on that parcel for student parking. Once upon a time student parking was much more needed than it is today, but it is still needed. And even if they build the center there, i dont know when theyd ever do that, but we have remember that city college outside of the slot that were talking about that is going to build over a thousand units of housing, they have 2,000 other parking spaces. So, you know, its not going to hurt parking. And then the developer will add on more that they think that is needed to mitigate some of the impact. And as already mentioned by my colleagues, today in landuse, what were really talking about looking at the general transit amendment and also the rezonings for special use district. Those are the things that weve been looking at today. So i actually didnt go into the Development Agreement that much because i know that were going to be talking about that in two days. And my staff and my office have been working on putting in more amendments that, of course, it wouldnt be right now, wed introduce those amendments on on wednesday. And a few of those things have been alluded to. Supervisor peskin has been championing this use it or dont lose it, and i totally agree and well recommend that amendment. I work with the supervisor safai in understanding that this city college is really part of district 7, that there are a lot of people around both of our districts that can benefit from it, from having sort of a neighborhood preference. So were going to put in that amendment. And then we also i know that i mentioned that the new developers were 50 of the new property for the city to control. When it comes to park inclusioniffity and housing affordability, a whole bunch of other things. So well be introducing that amendment that the Developers Already agreed to. And the other thing that weve been talking about, i didnt want that to get lost in the discussion, is the we felt that it was important to put language in there, for the use it or lose it, that the affordability piece that were talking about, that some people felt we might lose it in 50 years or whatever. We will put language in there that will make it in perpetuity. So i just wanted to respond to some of the Public Comments that were made and they were made in good faith because they might have not known that we were pushing for these amendments. And, again, i didnt want to mention too much to take up too much of the land use of the committees time because i know that were going to talk about it on wednesday. So, again, i support supervisor peskins motion to go ahead and get it out of Committee Without any recommendations. Thank you. I want to thank all of the members of the committee for having patience with this item. I know this item was passed at 9 00 p. M. At this point. So ill stop at that. Clerk okay, if there are no other comments on the motion that i made earlier to send these items, item 7 and 8 to the full board without recommendation, madam clerk, a roll call, please. Clerk on the motion as stated for item number 7 to refer without recommendation. [roll call] you have three ayes. On the motion to forward number 8, 200422, as stated by supervisor preston. Supervisor preston. Preston, aye. Supervisor safai. Aye. Safai, aye. Supervisor peskin. Peskin, aye. You have three ayes. All right, that concludes the business before this committee after almost eight hours and we are adjourned. See you tomorrow, everybody. I had to put a sweater on like president yee. We are adjourned. Good night. Good night, everyone