We would envision refining our estimates and our methodology to the extent you adopt this ordinance in future years. Obviously once the center opens, for example, we have a lot more information upon which to base future projections for subsequent cycles that are envisioned here. For example, one can routinely use intercept surveys and other things where you survey attendees at an event, in a statistically meaningful sample to arrive at what portions may be staying in hotels, for example . So we do think we can reasonably estimate that, but as mr. Rose said it really will be an estimate. Of course each year you adopt 9 billion budget which is fundamentally based on Reasonable Estimates as well. We can individually line item the estimate of direct revenue and indirect revenues that were talking about. And of course, nothing here changes the fundamental ability of the mayor and board of supervisors to not appropriate those funds to the fund in a given fiscal year to the extent that you so desire. This is not fundamentally changing the appropriation process that is envisioned in our charter. Thank you very much. Colleagues any questions for supervisor tang . Thank you. On another topic, i just wanted to i dont know if its mr. Vander water or someone else from sfmta, just to talk about the Public Transportation aspect of the project . I know obviously there is alot of excitement about the warriors come back to san francisco, but real concern expressed by the residents on west side of the city, large events happening on the other side of town, there are impacts in terms of transportation to residents. So in mr. Roses report it mentioned with the additional purchases and some of the improvements made at transportation it would decrease time between trains from 9 to 8 minute and on paper sounds very little, but to speak to the overall impacts to transportation, given some of the changes you will be making . Thank you. Good afternoon, chair farrell, members of the committee, ed reiskin, director of transportation. I will give you a highlevel view how we approach this. Really the essential task here, as we went about this was to figure out how to serve the development of the project and the various array of events that it would be bringing to the mission bay neighborhood. But to do so in a way that would not adversely impact the immediate vicinity, particularly ucsf and there was a lot of work done with ucsf, and their hospitals in the Mission Bay Area. The other stakeholders in mission bay and importantly the residents of the area, Mission Bay Dog Patch potrero in particular. So the Transportation Plan we developed was meant to serve the project, but without adverse impact elsewhere in the system. And more broadly, what we endeavored to do was ensure that both the service plan, and the Financial Plan were such that they would not adversely affect our operation, muni operations in particular. Or our operating or capital budget. So that the service plan that was defined and the reason that we require additional railcars, require the crossovers, require the improvements to the boarding platform was expressly for that particular so we wouldnt adversely impact the rest of muni, particularly when events are happening, when the event coincide peak hours so we couldnt adversely impact the peak hours. That is the bigpicture, if you want more detail, happy to have peter albert come and fill in. Thank you director reiskin. Mr. Albert. Thank you, supervisors. Well go to the graphic to the screen. Adam talked about this slide here that you saw here this. Was really important for all of the thinking and Community Outreach that we put into developing this plan. The reason this baseline slide is important because people have the strong experience every day of deficiencis in the Mission Bay Area for transportation. We wanted to make sure we were working from the baseline that is relevant to the opening of the Warriors Arena. This represents all the investments happening even if we werent building the arena. On the background of this, we layer that. And this is what constitutes those extra costs for service for investment that help to make the warriors plan something to accommodate the crowds, whether its a big crowd or small crowd. We developed a nimble enough plan that looks at a smaller number of extra buses, a smaller number of extra lightrail vehicles, but can size up to the fullest. Event. What we see here is the Transportation Planners and engineers looking at the network that we know and looking at the network that well have and figuring out how to still make it work for the neighborhood as a whole. There would be overcrowding on key lines unless we augmented the van ness corridor, touching to the fillmore street corridor and 16th street. That helps hit the bart station at 16th. That helps muni metro and a big number of extra riders on the tthird and also reduced the impact at any one bart station. What is so important is the regional transportation access that makes it work. The second corridor is the purrle one, the central subway, at a pretty robust frequency with 3. 5 minute headways. We would need more going into even hour service. So we show shuttles using the tthird track into the evening hours. Now that was the riders transferreding at powell street, keeping the regional to local connection alive. The third line show what is similar to using at t transit today, the green line is an service that runs along tthird to the caltrain station and the central subway does too and puts riders at embarcadero. So unlike at t park which puts disproportionate amount at embarcadero, we have people distributed whether they want to go north and south and include the extra yellow line. A bus shuttle to make sure that we are have an experience, that one, doesnt take buses out of other parts of town and hits the Regional Transit hubs that matter, ferry and transbay terminal. So that is the color diagram for the numbers that show a minimal or no impact on existing service, but to make sure were accommodating the warriors to the point its comfortable enough that people want to take transit again the next day. Thank you, mr. Albert. Supervisor mar. Thank you, mr. Reiskin and mr. Albert for the biggerpicture overview. I just had a couple of questions. So the four lightrail vehicles as part of the funds, how did you come up with that is the need . And where would those four lightrail vehicles go . Peter albert again from mta. We did an analysis using the same methodology done for the muni forward plan and making sure we were consistent measuring apples with apples and oranges with oranges. We know it allows us to look at overcrowding factor that we consider unacceptable. There is say aye point that people dont choose that option or that option bypasses them because its over crowded. We took advantage of existing capacity. The beauty where this arena is visavis the timeline, reverse commute in the evening. So taking advantage of the streetcars coming to downtown at the time that we have empty seats. That way we can put people in those seats and taking those into consideration, we didnt need 12 or 9, but needed 4 and still stabilizing the overcrowding factor that would be considered unacceptable. Were talking about 8,000 to 9,000 people that was said earlier that would attend a concert or warriors game and the four lightrail vehicles plus special shuttles and that elaborate plan will ensure that that lrvs and different transportation vehicles arent pulled from different neighborhoods and that is fully going to support the 9 00 people 9,000 people you are saying. That is correct. Were designing for what we call the most impacted scenario. The diagram on the computer shows some event gets up to 17,000 attendees a day. We figured how many of those might be driving . We want to be conservative, because if we are underestimating we would get into a problem. We also assigned another occupants per vehicle to make sure its realistic and also recognized how many people walk and bike. Were able to take the mode splits and worked with a mode split of more between a third and 40 of transit mode split and also know that a lot of people walk to Regional Transit. Bart is a pretty long walk, but its walking destination to caltrain. So these are the sort of multimodal analysiss that are helping us come together. As adam said, the average attendance is closer to 9,000, but we design for the 17,000. Because it is the point where people first of all, its the Warriors Arena and we know they are popular and will bring people back, but that is how we tested our system. What we really wanted to do was make sure were smart enough to fluctuate down to the service and not run the more expensive 17,000 arena attendance. I had a question on the fund for the pcos, parking control officers. How much is that and how did you estimate that need . What we have is a pretty elaborate spreadsheet and we could certainly bring it together, but we did a careful analysis of everything mta that included the bus operators. It included maintaining the buses and including lightrail operators and maintenance and crossover tracks. The pcos do have a cost. We worked closely with our manager of safety who knows how to handle special events. We learned a tremendous amount from americas cup and we learned a tremendous amount of what we could do more around at t park and have as many pcos for the warriors as at t park cha has which has almost twice as many people going to an event. You see its not the same every time because we have to make sure we dont burn people out. One would be an unmanaged highlevel series of events without respite for the pcos and built into what would be a hiring plan that looks like a pco for the year strategy that avoids burnout and manages the events and manages the number. That is all part of the costing of the figure. I know a lot of your work in other projects is to make sure that people are multimodal and not just using even just transit, but also biking in different ways to get to places. I know thank you to mr. Welts for being here i know the warriors want this to be one of the most bikefriendly stadiums if not the most bikefriendly in the country. Im just wondering for the funds used, you mentioned pedestrian and bicycle access programs. Will it include bikesharing and some bikesharing stations, but also additional secure bike parking areas as well . There is parts of the project that are costed out. There are parts of the background infrastructure that is developing. You saw for instance the bluegreen that allows cycle track, that makes a huge difference in peoples ease of biking to and from the facility. We talked earlier about the waterfront transportation assessment and document what is your address the bicycle sharing facility at the site. That is an important aspect, because a lot of people would pick up a bikeshare station somewhere else and the capacity of a bikeshare station to handle special events. One of the biggest areas is the bike valet and working with the Bike Coalition and they may be in the room and certainly helped us in past with testimony. How valuable bike parking is for at t and expanding bike valet above and beyond at t park, even though the warriors is about half or less of attendance. Thank you. Colleagues any further questions at this point . Okay. Thank you everyone. We may have further questions after Public Comment. Why dont we start going through Public Comment now. We have a number of speaker cards and if people would line up on this side of the line, well have two minutes per person and get going here. [ reading speakers names ] real quick, before we start Public Comment, supervisor kim is here and her district lies in and she just shuttling in between committees. Thank you, chair farrell. I want to appreciate the members of the public who will let me make opening commentsment im currently in Land Use Committee over a project that is also being built in my district, the 5m project. I just wanted to make a couple of comments about the legislation before us. First of all im excited to see this project is finally pursuing approvals after a 3year process. As many of you remember it was originally proposed at pier 3031 [ 2 ] and 32 and also district 6 and moved to a new location where it bought its own dirt, blocks 2932. I just have to say i was very much willing to work with the warriors on the originally proposed site to make it work for the existing neighborhood and with the incredible transportation challenges that were proposed from that site. But i do have to say that the new site in mission bay is much more favorable, and its because its still a neighborhood that were building. Allows us to put into place infrastructure and other institutions to make it more favorable for the traffic concerns that i know many of our residents have as they are squeezed between the current Giants Stadium and new warriorss arena. This provides a complementary mixeduse District Development and further establishes it as a destination. It will provide the state of the art arena and Training Facilities for the 2015 nba champions, as well as event for concerts and other large events. Im glad to see one of the Event Centers prominent neighbor ucsf is able to offer endorsement, working with the city and warriors through their concerns regarding traffic. I also want to recognize the commendable outreach of over 18 months of stakeholder outreach that has gone into the support of the biotech community, the mission bay cac and i see chair kernwood is here in the audience, as well as ocii and the planning commission. Although this project is generating millions in fees and tax revenues the Events Center is being proposed without city subsidies and will not cost taxpayers dollars. On the contrary project will be a large driver of Revenue Growth and provide annual contribution to our city funds. For this reason i believe and i support its reasonable to utilize a portion of these fees and taxes generated by the project to mitigate impacts. This fund has been established to address the primary concerns of transportation, very much listening to the workers and residents of the area, to issues of crime and littering that also result from large events. To ensure we can fully Fund Strategies that minimize the Events Centers impact on the neighborhood. Im sure many comments have already been previously made on what this legislation will do and im glad to see well be dedicating the funds whether its parking control officers to ensure that the city has a stadium and arena, while ensuring that our workers and residents can continue to exist in a livable neighborhood and community. So i do want to thank all of the partis that were involved in making this a reality today and thank the bunt Budget Committee for hearing this item. Thank you, supervisor kim. With that well continue Public Comment. Thank you very much and good afternoon. My name is esther sterns. Transit, crowd management and the general ambience of the neighborhood. So im very appreciative of the work that the warriors and the neighborhood groups have done working together to create this transit plan. I dont think there is any way that any of us can know what its like to have this Events Center in mission bay and while we appreciate planning we want to ensure there is a flexibility to the planning, so that the city can be responsive, when we actually see what its like to have the Events Center there. That is what i think is special about the work that people have done. I think its really a flexible plan that accounts that gives us options, if things turn out to be different than people anticipated. I think as the southeast corridor grows, the city has to keep investing in transit for this neighborhood and i think the warriors, the revenue associated with the Warriors Arena gives us steps and i hope you approve the transportation improvement fund. Thank you. Thank you, next speaker. Mr. Chairman, and members of the committee, i represent the Bay Area Transportation working group. We are not opposing this project. We are somewhat neutral. But we are concerned about the impacts of the arena on san francisco, both the physical impacts and fiscal impacts. It sounds like your staff has done a lot of work to try to encompass all of the physical impacts. That means mainly traffic and parking and i can see that can be mitigated. If they have covered it thoroughly and it sounds like they have done a lot work on it, it may be okay. As far as the fiscal impact is concerned there are two aspects that concerns us. One is what mr. Rose brought up, you and that is are the Revenue Sources truly there for you . Or is there some doubt about that . In other words, if history and experience is any guide, the revenues almost always are not as great as they are projected. And the costs tend to be more. So there is that concern. The other would be the degree of fixity as to your leverage over the developer. Do you really have the legal need i mean the legal power to exact whatever it takes to cover those city costs . It sounds like mr. Rose has raised one concern there. I would enforce that and say that really ought to be looked at rather carefully. I can see why a private developer wants to use Municipal Bond financing, but that doesnt necessarily mean that the financier, namely the city should be at undue risk. Thank you. Thank you very much. Next speaker, please. My name is john and im a principle at Economic Consulting and here to speak to the fiscal impact of the Events Center. First as to the issue of taxpayer dollars not being used for the arena. Its true they are not being used to build. They are being used to subsidize in effect through the use of the revenues from the arena and providing traffic mitigation and infrastructure development. So there is say form of subsidy going and the gap between costs and revenues becomes perilously small and the contribution to the arena to general Fund Revenues is likely to be quite small if you factor in the uncertainty over the estimates of costs. Its not clear there is a substantial contribution to the general fund. I have a report here i was asked to produce that looks at alternative development on the site. Very similar development. Current development is two commercial buildings one retail and arena. If you instead you take the arena out and build a facility that could host Biotechnology Companies of which there are wide variety in the neighborhood. What i found is the net impact on revenues of switching to biotech instead of an arena would be a positive impact on general Fund Revenues very conservatively estimated at 2 million per year. If you get a little more creative, in the construction of the building, you can raise those estimates to, as much as 7 million a year. So you can think of that as being the cost of bringing the warriors to town. You are giving up between 2 and 7 million of general fund revenue and to emphasize a