The first order of business is item 1, roll call. Commission members please respond when i call your name. Commission mand har is absent. Commissioner [inaudible] present. Commissioner sing rr, here. Commissioner booustoes, here. Madam chair rosales, here. Commissioner mondejar is absent and all other members are present thmpt next order of business is item 2, announcements. A, the next regularly scheduled meeting of november 3, 2015 is held at 1 p. M. At city. Announce of prohibition of sound producing Electronic Devices. The rings of and use of cell phones, pagers and similarly sound producing Electronic Devices are prohibited at this meeting. Please be advised the chair mayordser removal of the meeting room of any persons responsible for the ringing of or use of cell phones recollect pagers or other sound producing Electronic Devices. C, announcement of time allotment public comability. Be advised the member of piblic has up to 3 minute to make Public Comment on each agenda item unless the commission adopt as shorter period. It is strongly recommended that members the public who wish to address the commission fill out a speaker card and submit to the Commission Secretary. The next order of business is item 3, report on actions taken as previous closed session meeting if any. There are no reportable acs. The next orbd rf obusiness isite 784, matters of unfinished business. There is none. The next order of business is item 5, matteroffs new business consisting on consent and regular agenda. First the consent ajnda, 5 a apruchbl of minutes the regular meeting of august 4, 2015 and 5 b, authorize Second Amendments to 2 personal Service Contract with hawk engineers inc. A California Corporation to provide infrastructure Technical Support service, one under Hunters Point ship yard phase one dispotion and development agreement. Had rks ps phase one in the amount of 134 thousand dollar frz a total contract amournt notd to exceed 234 thousand dollars and two, under the candle stick point and hundred iters ship Yard Development agreement, hps phase 29 in aadditional amount of 166 thousand dollars for a total contract amount not to exceed 290,000. Hunters ship yard redevelopment project areas bay view munt r Hunters Point. Resolution number 612015. Madam Deputy Director. Do we have speaker cards on the consent calendar . I do. Mr. Ace washington. [inaudible] just a second. Thethis is ace on the case. I have very important announcement today. First of all it gives great haun toor come today and see a very fresh face. Not that the rest are stale, but new. [inaudible] someone that i recognize and identify as i call a new era. A new era to city government. I feel that has the desire to know on both sides what we deal with and have in wrun the pris aegisagys formally known as redevelopment ocii. [inaudible] welcome to redevelopment. I very confident now. I am here in city hall to make an amounsment to the city and couny and the world. Ace washington and now created a communication that will fill the void we have in the city. [inaudible] do we have other speaker cards on the consent calendar . I do not. Thank you. Do we have questions, comments, motions on the consent calendar . From the commission . There is a motion by commissioner bustose. Can you call the roll . Commissioner members announce your vote. Commissioner [inaudible] yes. Commissioner mand har is absent. Commissioner sing yes. Commissioner buse tose, yes. Madam chair rosales, yes. I have 4 aye and one absents the consent calendar is adopted. Well change the line up, can we call item 5 i i believe it is . The next item is 5 i approving a resolution of intention to approve a contract between the California Public employees retirement system, california pers and the Successor Agency resolution number 682015. Madam chair. If we can defer to our deputy exectev director. Thank you. Commissioner this item is presented by [inaudible] our Deputy Director for finance administration. Chair rosales, my name is bree [inaudible] deputy direct frr finance and administration and im here today to present to you resolution of intention from california pers. So, as you know the Redevelopment Agency provided Retirement Benefits to employees 33 a contract with cal pers and as part of disaleutian law it says all existing contracts remain in force and continue to the agency of the Successor Agency, however cal pers has recently clarified the possession and asked all agencies enter into a new contract to maintain existing Employee Benefits and continue them as they are with no change to the benefits themselves. So, the first step in this process is knh to you with a resolution of indention and what this does is it acknowledges the commissions approval of oc oorks i desire to move forward with entering into a new contract with cal pers and allow the employees to approve the new contract. So, we spent a lot of time communicating with our employees about the stat thofs contract and what the election means oon september 17 we had a all staff meeting and gave out a hand out summarizing the process and the terms of election and what they are voting on and met with the labor partners flaub nob to discuss with them what the election is and what it means for the employees and the unions will hold a Membership Meeting on october 27 so we can support them in briefing the membersism should the commission choose tew prove the resolution before them today there are a number of steps taken. First the Commission Secretary will certify your action today. Oci oorks will administer the election and following the election the Commission Secretary wim certify the result squz acknowledge the aneral cost of inpension benefits. Following that the Commission Secretary well certify we are in compliance [inaudible] subitam all the forms tocal pers and will provide with a final resolution we will bring bathe commission for your consideration and approval cl is final action to enter into a agreement with cal pers should that be [inaudible] the new contract will be in force. Here to answer questions if you have any. Thank you. Well take Public Comment first. Do we have speaker cards . I do, mr. Ace washington. Who has left the room. I have no other speaker cards. Okay. Does a member orphthe commission have question frz staff on this item . I just want to know what [inaudible] you are not a member the [inaudible] the Redevelopment Agency was a member of pers and all the employees received benefit through pers. We have been continuing to pay our annual supplement to pers to continue to funds the future retirement cost, however, the contract with pers says Redevelopment Agency and they want a contract that says the Successor Agency to the Redevelopment Agency at the top. The content of the contract and the cost of the benefit squz benefits provided to employees all remain the same the only difference is it says Successor Agency to the Redevelopment Agency. [inaudible] i also am. Not anymore. I am a former City Employee and as a former City Employee im a member of pers. Other than you, anybody else in the department . Any city employ whee sense transferred to ocii is a member of per and all ocii employees who are doing work for us under the work order with General Service agency are also members of pers are all the other departments also the member oaf pers . Every employee in ocii is a member of pers not ociii other departments all City Department employees are members of ocii with exception of [inaudible] part the state pension plan going back through the employees with more sinierty or members och pers but following pension reform in the 90 no safety employees are members of spers. I dont think i heard it referred to a [inaudible] fl is a motion by commissioner booustoes. Second by commissioner [inaudible] can you call the roll. Commissioner members please announce your vote with you call your name. Commissioner [inaudible] yes. Commissioner maund harb is absent. Commissioner sing h, yes. Commissioner bustoes, yes. Madam chair rozaulest, yes. I have 4 i aye and one absent. That is adopted. Can you call innext item on the regular agenda items [inaudible] next order of business is item 5 c, d, e and f related to the mission bay bonds allocation and heard together but acted separately. 5 c approving amended budget for the period july 1, 2015june 30, 2016 to increase by a amount not to exceed 135,000,000 dollar bond proceeds student received by the Successor Agency and to increase its Expenditure Authority by 135,000,000 and authorize exectev direct toor submit bunlt to the Mayors Office and board of supervisors. Action and discretion resolution 622015. 5 d authorize issuance of tax allocation refunds bonds in aggregate principle amount to exceed 125,000,000 and approve and directing the execution of indentured of trust, a bonds punchs contract and redemtion agreement and approval of other related documents and actions. Mission bay morth project areas. Action and discussion, resolution number 632015. 5 e, authorizing the issuance of new money and refunding tax allylication bonds for the Mission Bay SouthRedevelopment Area project area, aggregate principle amount not to exceed 45,000,000 and 155,000,000 respect rfbly. Approve the execution of first supplemental trust bond purchase contract and redimption [inaudible] mission fwai south redevelopment project area. Action indiscussion resolution number 642015. 5 f, authorize the issuance och tax allocation bonds for the Mission Bay South redevelopment projects area in a aggregate principle amount not to exside 90,000,000 and approve and direct the execution of a indenture of trust and bond purchase contract. Approval of oretd related documents and actionsment Mission Bay South redevelopment project area. Action and discussion resolution number 652015. Madam thank you commissioners. John daigal or senior financial analyst will present this item for your consideration. Good afternoon. Member thofz commission. My name is john daigal and senior financial analyst for the ocii. Items 5 c, d, e and f, before you are relate today bonds financing for mission bay north and souths projiectareas. Item 5 c amend the ocii budget to allow for issuance of new money Mission Bay South bonds and expenditure of 135,000,000 in proceeds mpt the bauds are not included in the original budget because the sides of the baids couldnt be estimated at the time. This is regarding ujcertainty of the 2015 d bonds. That that time we were in the early stages of consideration and a lot of things were unclear how they can bestructured. The bonds provide new money for mission bay infrastructure funding. Item d authorize said issuance of the mission bay norths series, 2016 a. 5 e authorizes issuance orphMission Bay South series 2016 b tax allocation refund bonds not to exceed 1 fine million 115 million and [inaudible] not to exceed 45,000,000. Item 5 f authorize issuance orphmission bay souckt series 2016 d subordinate tax allocation bonds in several stages not to exceed 90,000,000 the reason that 2 issues can be combined in the 2016 b and c are combined in a single item is because they are on the same credit. When the bauds are sond the t is a single statement and both bond are listed on that. The reason that 2016 d is not included is it is a subordinate bond on a different credit and also will not be offered in a public sale. Each of the 3 bonds authorizations approve key bond documents necessary to seek over site board and department of finance approval the transactionsism theyulse approve underwriter selection recommendations, set limits of financial parameter squz drecktd staff to proceed with the actioning to advanss the transaction. I like to address the refunding opportunities. The 2 refund bonds are 2016 a and b. [inaudible] very low market Interest Rates. In each case the proceeds of the refunding bonds are use today discharge the old bond. The lower Interest Rate on the new bonds result in savings on depth suvs over the life of the bonds. Mission day north and south are independent stand alone credit so tax from each project supports only the on bond. Twen 16 a item 5 d is mission bay north baurnd and 2016 b included in 5 e is the prosed Mission Bay South bond. With Interest Rates at lows 6 bonds could be refunded 4 mission bay north and 2 in south. [inaudible] total about 90,000,000 out standing and yield savings of 21. 4 million which is savings of about 8 and a half million. The 2 Mission Bay South candidate total [inaudible] savings of sish. 8 million andprint value savings of 6. 3. Ocii debt policy established guide lines for net present value refundsing saichbings of 3 percent for each refunded bond and allows flexibility dependent on circumstances. Staff is proposing to consider including any bond with positive savings. There are 3 reasons, first rates are extreme lows and unlikely greater savings are realize for lower rates. The large size the transation meanathize additional cost of adding a bond is low. Third reducing the number of bonds [inaudible] that said, under currents Market Conditions the present value saingeings for each candidate raisk from 7. 3 percent up to 12. 2 percent. Well above the 3 percent guideline and expect that to be the case as woe go to market probably in january. The resolution approves the issuance of [inaudible] money bond series to provide reinbursement of cost in Mission Bay South. Allows development of the project to continue without delay. Series 2016 c not to exceed 45,000,000 is included in 5 e with Mission Bay South refunding bonds. This is a straight forward parody bonds issues under 2016 b. Series 2016 d may not exceed 90,000,000 is addressed in item 5 f. These bonds are issued subord noont other Mission Bay South bond. This moves payments to 20 staen 16 bond holdser are made only after payments are made to senior Mission Bay South bond. The bond are not offered in public sale but private praisment to find Security Exchange commission regulations. The perform on thf bonds are dependent on the properties with construction completed or soon to be completed but not yet on the tax rolls. We can issue a parody bond based what is on the tax rom but there is a lag between incompletion of the project and getting oon the tax roll. This is taken to maximize the funding provided and development in future tax increment that can be taken advantage of now without waiting until the years get on the tax rolls. The debt uvs is lowing in early years to offset uncertainty regarding the timing of assessment of the completed projects [inaudible] sufficient tax increment available. Final Interest Rates on the bonds are grud in negotiation with the investor or investors. [inaudible] also included in the items before you. July 7 [inaudible] Underwriter Panel on the due date 10 days later 8 proposal were received and reviewed by a panel consisting on bob gamble of pfm, ocii Financial Advisor [inaudible] San FranciscoControllers Office and myself. The panel evaluated on the following criteria, experience selling california tax allocation bonds post disaleutian, the number and size of rel vens and primary personnel. The depth and quality the discussion of the proposed bonds the underwriters discount. The panel considered ocii local business and Small Business enterprise contracting goals. The panel made the following recommendations series twen 16 a bond, Global Market incorporating is managing underwriter [inaudible] stenseen securities as comanagers. Stenson is San Francisco [inaudible] i would like taintroduce and welcome alex [inaudible] Vice President for city group local market. This is his first transaction with us in my 10 years here. Peter wong senior [inaudible] lanoodem, ceo of states and securities. I should point out stenson is a San Francisco [inaudible] series 2016 b and c bond [inaudible] is the managing underwriter subject to your approval and baxter [inaudible] will be the comanagers and [inaudible] will also be a comanager. Blalock is a sb, lb and representing [inaudible] i would like to introduce [inaudible] and john kim. You met peter wong from bax trm and have [inaudible] lopez from [inaudible] the series 2016 d bonds city group Global Market as a placement [inaudible] this is a substantially different role than an underwriter and it is compensated differently and requires different experience. City group priced it very aggressively and had a lot of experience so the panel felt they were the best choice. Estimated timing of next steps to get all this done is november 9 consideration the over site board whos approval is required to proceed and [inaudible] approval of that the Oversight Board probably the same day distribute the document tooz department of fi nains so they begin their review the documents. Around november 17 we would like to bring before you the consideration of a fiscal consultant contract. That is a Critical Role in the disclosure documents. They prepare the tables that show the history the revenues thatd support the bond in fiscal consultant report. Also, [inaudible] determine date we need the Budget Amendment before the board of supervise rbs for approval and december 15 we are back before the commission with [inaudible] approval and board of supervisors approval and to consider the final actions necessary to proceed with the bonds. At that time we [inaudible] finance authority to take certain actions related to the financing. The Financing Authority is ishureer orphthe bond that will be refubding but the new bonds are issued by the agency. [inaudible] all that happens as we hope we should be in the market perhaps in early jan to price the bonds and closing sometime later in jan. This concludes my presentation. Thank you. See if there are questions from members the public before we turn to commissioner questions i have 2, mr. [inaudible] and mr. Ace washington. Good afternoon. My name is tom [inaudible] represent the Mission Bay Alliance who as you know is concerned fwht impact the Warriors Arena project on sth environment in Mission Bay South. When i look through the package i see that there the justification for not conducting sequa review thoof decision you are asked to make on the items is that this is not a action by you that changes the environment and that is not correct because you are aprubing the raising of money that is sfent to build infrastructure that changes the physical environment and this is a step in the process leading to that result. What you pneed to do is go back and have the staff determine how to comply with sequa. Right now the staff memo says therefunding bonds dont constitute a action that change the environment. It doesnt say about the new money bonds. All the proposed resolution and the same rational for bonds, your budget prove authderizes expendsture and the resolution utherize the raising the pluny soy you take 2 actions that do lead to changes in the physical environment and your legal for not applying sequel doesnt pass muster, so my client would ask that you apply the law sequa and figure out if what you are doing is going to have impacts that need to be mitigated. This is a of great concern to my client because it Mission Bay South redevelopment plan is tied at the hip with the warriors project. The infrastructure serves the other development in Mission Bay South and Warriors Arena. You have a change since the 1998 eir from separate storm and waste water sewer system to combined leading to increase flow which the eir for the warriors project says ecseeds the capacity of the mariposa pump station. You have changes and the frustructure you are paying for triggered by the development of the Warriors Arena. [inaudible] i have a letter i emailed this morning and want to giver the commission 6 copies for your review. Mr. Washington. You are not the one that has to be sorry around here. My name is ace on the case. Im happy to be here again. I you will see a different ace from this point out throughout my history. Let me get to what we are talking about in mission bay. You are talking about the history. Mission bay [inaudible] remember the beginning of mission bay accept for one or two commissioners when they put the mission bay conept togethers [inaudible] the creation [inaudible] everyone else getting money and doing their big project was there. I want all the developers all over the city, mission bay, treasure island, Hunters Point to let them know ace is on the case. My method in the madness is bring [inaudible] here we are 61 years old, father, grand father, great grand father. Everyone changed, politicians and the developer change and people go to jail. Fbi investigation over 10 years. I put together [inaudible] people can see what happened in the last 10 years so we can figure what is going on now because im about the future. I want to know what is happening for the future. Lets talk about pligz bay, my request all most demand and make sure to be a platefirm when you talk about mission bay there is something to recognize that my kids know when they grow up a African American had something to do with mission bay however it will look. I want to make sure specifically [inaudible] that there is something to recognize jim jefferson. I will sit down and talk about other things later, well talk about the fillmore and every else. I may not have time because i have togo down and talk to the board of superizvisors but this is a new era and dont [inaudible] i am talking about ace and the new era replacing ace is case. Community Assistance Service enterprise. Right now i go down stair squz may not be back but when i come back i will talk about coming to the community again. Board of supervisor london breed and all that. Thank you mr. Washington. Any other member thofz public who would like to make a statement . Yf have no more speakers. O cay. Do we have any questions by commissioners . Commissioner singh. Is this [inaudible] these are all tax exempt bonds [inaudible] today the Interest Rate is under 4. 25 percent for the new bonds. Also, [inaudible] yes, city bank is new. They may have done business prior to my tenure which is about 7 and a half years but everyone else worked with us before. Do we have idea how much total bond woe have [inaudible] so far . Qu do. I have a number. I ask you this question last time too. He is ready this time. Off the top of my head it is 876sorry, it is just under 800 thousand now. 800 million. 797 ,000,000 is the balance after the payments were made in august this summer. When does itthe previous bonds when are they due . Are you talking about the ones [inaudible] yes i dont have their whole amerization schedule but the old est one is mission bay north bond issued in 2005 so that is probably 2024 or 25 because we generally do 30 years on infruc struture bonds so range from 2025, 26, 33 and then 2043 i believe because there is a 2011 deal as well. Lots of bond more than 3 quarter billion dollars. Yes. Okay. I actually have a very nice handout was given and dont have time to read it this time but think the is very interesting. [inaudible] do we have any additional questions . May i ask the sequa question since it is raised on the record . Thank you. Good afternoon. Bree mu horta dep tedirector of finance administration. I would like to separate the issue of financing from sequa. The issue before you here today is how will we raise the capital necessary to finance the project. Many of the dollars are expended by the developer. About 5 opercent the new money dollars go to refl burse the developmenter for structure in place. The opa [inaudible] to the developer which means all property tax above the base level of property tax in the Redevelopment Area was created boy legal right belongs to the developer and the agency is past for that. The opa obligates the agency to issue debts at the request the developer. I just want to emphasize this is really a question about financing and it is not a question about actual projection of the infrastructure which is more relate d to the sequa question. Thank you. Any follow up questions . Yes, i would like a motion if there are no follow up questions. Moved by commissioner booustoes and second by commissioner [inaudible] can you please call the roll would you like me to call rep. Joe all at wuns or individually. Why dont we take them one by one because they relatively distinth from each other. This is ajena item 5 c, announce your vote when i call your name, commissioner pumeanto, yes. Commissioner mondejar is absent, commissioner sing h, yes. Commissionering busto, yes. Madam chair rosales, yes. 4 aye and one absent. For convenience if we can same call move by commissioner bustoes and second by commissioner pumeanto. Can you call the roll on 5 d . Announce your voted quhia call your name. Commissioner pumentso, yes. Commissioner mand har is absent. Commissioner sing, yes. Commissioner bustoes, yes. Madam chair rozaulest, yes. 4 aye and one absent. The same on 5 e 5 e, commissioner pumentso, yes. Commissioner mand har is absent. Commissioner sing, yes. Commissioner busto, yes. Madam chair rosales, yes. 4 aye and one absent. The last is 5 f. Commissioner pen meanto, yes. Commissioner mand har is absentment commissioner sing, yes. Commissioner busto, yes. Madam chair rosales, yes. 4 4 aye one abschbts each is approved. We are moving to 5 g and h and for the record and need to rekoos myself from this item because my Business Company is a source of income to my Business Company which is 5 h, so i am going to turn the chair duties to commissioner booustoes and leave the room on advise of council. The next order of business item 5 g and 5 h relate today transbay Implementation Agreement to be heard together but acted separately. 5 g approval pursuant to transbay Implementation Agreement a second agreement with conger maus geards Landscape Architecture to complete design for folsom streetscape improvement and [inaudible] incroosing not to exceed amount by 147, 808 dollars for a total maximum aggregate amount of 3, 752, 137 dollars. Transbay redevelopment projectair ai action and discussion resolution number 662015. 5 h aapproval of memorandum with San Francisco municipal transpiration for Design Service degree for the folsom streetscape Improvement Project in amount not to exceed 99, 750 dollars, transbay redevelopment prawnect area action and discussion resolution number 672015. Director thank you madam secretary. Good afternoon commissioners and thank you to the memberoffs public for joininguts commissioner as you know, the build out of the transbay neighborhood has a mished income mixed use neighborhood is a core obligation. The gement of the nairnd Service Infrastructure provides fl neighborhood feel in the area which is currently the number of vacant former state owned cal trans parcels. We have partnered with various city deparmtz to efex wait the build out of the transbay obligations along folsom street and in coordination with private Development Partners and other City Departments so this contract is in cord nns with the effort to create the neighbor. I would like to ask ceben mu [inaudible] and joined by a representative from cmg as well. Among others. Thank you. Good afternoon, my name is kevin masude seen yf Civil Engineer with ocii. These items for design contracts interrelate through the transbay folsom [inaudible] entered into a contract with [inaudible] in a amounts of 2, 479, 808 gls for the Design Service for transbay folsom street Improvement Projects [inaudible] half of the contract is split between the 2 projects. These projects were identified need today transform the neighborhood. In 2013 the former agency executed a First Amendment with cmg contract in the amont of 1, 124, 521 for 6 iletms. There were Design Service on isx street and new cycle track on folsom street and studies related to closure of clemen tinny street and analysis on the bus bridge lead toog the new transit sent squr the main 2 items were to design the pavilion structure and grant park to provide services for [inaudible] during the construction phase. That First Amendment brought the Contract Valued to 3, 604, 329. Currently the folsom street Improvement Project is developed to 50 percent construction document level of completion. The limits for the folsom streement Improvement Projects start in the upper left corner is one of the limits and that is second a folsom. As you travel across the right side the page and to the bottom and to the lower right corner is it other end at spear street. It is 6 city blocks. There are development blocks. Transbay block 1, 8 and 9 will construct the cub line and the developers will install public improvement up to the line with this development agreements. Here is a persective avoothat illustrates what we are trying to achieve at this transbay folsom street Improvement Project. You can see there is a rain garden, colored side walk inlaid with granite concrete sets, new trees and custom seating. The cm glrks saecd amendment is comprise d of 3 elements, the first is designing of 3 transit boarding [inaudible] 99, 750 and all this amount is reimburseed by sfmta. The second item sucyst ocii providing information relating to the transbay street folsom street Improvement Project for the respective Block Developers. We budged 41, 558 dollars and that money is reimburseed as the Block Developers put in request through ocii. The third item is research and [inaudible] along folsom stream to coordinate something unknown at the time. The contract was cons mated and to evaluate how these existing basements under the side walk get incorporated into the project. The cost for the Second Amendment is 147, 808 dollars and bring the Contract Value to 3, 752, 137 dollars. This next slide shows one of the boarder elements at folsom and second. This is servicing west bound traffic transit along folsom street. The next slide shows the other two transit bording island. West bound island is befween beel and free mont fronting developing block 6 and enters east bound islands between freemont and first. That leads to mou with sfmta. Sfmta is proposing aboarding islandss along folsom. This initiative is known as [inaudible] and service the future route 11 bus line along folsom street. Sfmta requests ocii student have cmg include the design into the folsom Street Project. [inaudible] and utility plans and relocations. Approximately 33 thousand dollars is spent and sfmtasic knowledges the work performed and expenses and reimburse ocii subject to the mou. [inaudible] expenditures for transbay folsom street are included in [inaudible] staff will also include project expenditures for the next drop period 15 16 b. There are sufficient Funds Available to continue with this Second Amendment. The actiffinties in the Second Amendment are found to be exempt from sequa section 15061 b 3 and 15262. This concludes the staff presentation. We have scott cutoffa principle with cmg architecture here and creg leaseen representing San Francisco mew nistle transportation agency. I have one speaker card, mr. Ace washington. Mr. Washington isnt in the room. Anybody else who would like to speak on this item . Hearing none Public Comment is closed. Any of the commission ers any questions . I have a question. You may know i [inaudible] parking. How many parking spots are removed along folsom . If i could i would like to have the representative from sfmta answer that. I believe it is around 10 percent but let me afternoon commissioners. Greg nob nab mta praiject manager for folsom Street Project work wg ocii and public works. The question of how many parking space will remain along folsom street rf affthe project is still something we are working on. We have to work with the Fire Department. The original plan is sth majority of the parking remains othen street and hopefully that st. The case but the Fire Department is concerned about the width of sth street available it them and the way it is designed it may notd be parking but curb side loading is i think the more appropriate treatment along the street given the high density. Something the team will on with the Fire Department in the coming weeks to figure out the parking along folsom parking is a big issue for us. The city mta specifically has been sort of widdling down parking throughout the city. It isnt just us. You guyerize pushing it the design is to keep the parking so we are trying to. We hope you can keep the parking because people still dribe drive in the city andyeah. Any other questions . [inaudible] for a lot oof San Francisco residence a parlt of driving is a way of life. My question was can you tell me about your Community Engagement on the project and what feedback you heard from Community Members . We have been work wg ocii transbay Community Advisory counser and meet with them periodically and update on the design so once we figure or get more information flaum from the Fire Department we plan to go back with them. We had a meeting with public works they took over the design phase the project there was a meeting about 2 months ago where we talked about the updates. I understand parking is always a concern especially for parents. I am a parent and Third Generation from San Francisco and driving is part of our lives. It is very difficult when you see Parking Spaces epreliminated. It also decreases the amount of money invested in the community because you cant park. I am a parent and drive as well. The overall supply of parking along folsom street resulting from the pauject includingthere will be a net increase in the parking in the neighborhood even if on Street Parking goes down but hopefully thaet wont be the case. Thank you. We have someone before us. Can i have something call the question . Commissioner sing moves, commissioner [inaudible] announce you vote quhia call your name. Commissioner penmento, yes. Commissioner mand har is appsent, commissioner sing, yes. Commissioner busto yes. Madam chair rozaul rosales recused herself. I have 3 aye. One absent and one recuseal. That is g and h, right . Do you want me to call them separate . No we can call them at the same time. They were noticed separately. Ill call h. This is for 5 h. Commissioner pinmento, yes. Commissioner mand har is absent. Commissioner sing, yes. Xhister boousto, yes. Madam chair rosales recused herself. 3 aye. One absent and one recuseal. Thank you please call the next item next order of business is item 6, public common on non agenda items. Madam chair do we have speaker cards . I do have one from mr. Ace washington. Quhoo who is not here those are all the speaker cards i have. Mr. [inaudible] were you there address the commission during Public Comment . Okay. I know you better. Where is that card. No. I know you enjoy visiting us but normally you like to Say Something thank you for reminding me. Madam chair, commissioners, i am here to bring forward a situation where we have the big meeting concerning contractors with lunar and there there[inaudible] concerning of the financing of Community Contractors under dda and they said we have come forth and asked lunar to take money from the Community Builders program and transfer over to theto create a Lending ProgramCommunity Contractors to participate in the development and not have to dependent on the [inaudible] it is not a good situation and we learned that over the past. We talked to you guys about that in the meetings we had and that is why we come forward and ask you to be able to transfer fundsing from that program over to create a Lending Program for Community Contractors. We had one that was very successful but wasnt enough money put in into be able for all contractors to participate and that is why i come forward and make it a part of your next agenda item. Well talk to lunar to try to make this possible. Thank you so much. Thank you. Okay. Please call the next item. Next order oaf business is item 7, report of the chair. Madam chair i do not have a report theordser of business is item 8 report of the executive director. Madam director just that we have a up coming meeting november 3 and only have a few more meetings left for the year and expect well have a full calen deer and do believe madam secretary we have a proposed special meeting time november 3 of 10 a. M. , is that correct . That is correct. 10 to 2. That concludes my report. Next order of business, item 9, commissioner question and matters. Matter chair this is a opportunity for commissioner question or matters any commissioner would like to raise. Move to adjourn. Commissioner sing wants to bring up a [inaudible] i dont think we have any questions or matters so nextwe are all most there. Next order of business is closed session, there is no. Next order of business ajournalment adjournment we are adjourned at 217 [inaudible] good afternoon, everyone. Its fridact