Please. Hello, my name is eric and im the Operations Manager for blazing saddles. We are a Tourism Company here in San Francisco and by supporting this you will be helping the company i work for as well as many, many other companies in San Francisco and the bay area. Thank you. Thank you. Anybody else wish to comment on item no. 7 . All right, seeing none, Public Comment is closed. I know supervisor avalos had some comments. Supervisor mar. I just wanted to thank the quote, unquote, community of hostels and i think you are a great example of a real sharing economy and the green businesses that you run, the employees, and how you help promote San Franciscos benefits to young people that will bring it back all over the world. But i just wanted to thank you. I did see on the web sites that it looks like some of the rooms cost significantly more than 40 but it sounds like this exemption is going up to an amount that i guess has been worked out so its really in support of you but i know tha
Within that district will be required as part of their conditions of entitlement to join the district and this would be a special tax on new development. So the actions that you have previously heard include resolving to form the district and calling for a special election. That was at your september 23rd hearing. Todays resolutions before you are resolution authorizing the issuance of special tax bonds and an ordinance ordering the levy of special taxes. These would go before the full board in january after the election of the Property Owner which is set to take place later this month and then these actions would be considered by the full board in january for final adoption. So thats my presentation and i and others are here for questions. So i see no questions. Lets open this up for Public Comment. Is there anyone from the public that would like to speak . Seeing none, Public Comment is closed. Can we have a motion to move this forward with a positive recommendation, can we do this w
Phase i will be a 93 unit family project and phase ii will be a 91 unit family project, each including roughly 60 percent Public Housing replacement units and 40 percent additional Affordable Housing units. Units will be targeted to households easterning no more than 50 percent area Median Income which translates to 50,600 a year for a family of four under the current area Median Income levels. Phase i and 2 each include a mix of 1, 2, 3 and 4 bedroom units. Phase i is between donner and eggbert and phase ii is between eggbert and fitzgerald. No demolition of existing units is expected prior to 2017 at the earliest. Double Rock Ventures is the Development Entity mbs for the redevelopment, ambs is partnered with the San Francisco Housing Corporation or sfhdc to be the nonprofit partner for phase i and tab err knack he will Community Development or tcdc to be the nonprofit for phase ii. They will act as the nonprofit general partners in conformance with tax credit requirements. As you kn
Comment is closed. I know supervisor avalos had some comments. Supervisor mar. I just wanted to thank the quote, unquote, community of hostels and i think you are a great example of a real sharing economy and the green businesses that you run, the employees, and how you help promote San Franciscos benefits to young people that will bring it back all over the world. But i just wanted to thank you. I did see on the web sites that it looks like some of the rooms cost significantly more than 40 but it sounds like this exemption is going up to an amount that i guess has been worked out so its really in support of you but i know that some of the hostel rooms are more than 40 a night. Is that right, miss pagan thats correct. And any room above the exemption rate would have to pay hotel tax according to our current. But im very supportive and have been educated here today, but especially the great presentations of people who have come before us today. Thank you. Supervisor avalos. I am actuall
Phase i will be a 93 unit family project and phase ii will be a 91 unit family project, each including roughly 60 percent Public Housing replacement units and 40 percent additional Affordable Housing units. Units will be targeted to households easterning no more than 50 percent area Median Income which translates to 50,600 a year for a family of four under the current area Median Income levels. Phase i and 2 each include a mix of 1, 2, 3 and 4 bedroom units. Phase i is between donner and eggbert and phase ii is between eggbert and fitzgerald. No demolition of existing units is expected prior to 2017 at the earliest. Double Rock Ventures is the Development Entity mbs for the redevelopment, ambs is partnered with the San Francisco Housing Corporation or sfhdc to be the nonprofit partner for phase i and tab err knack he will Community Development or tcdc to be the nonprofit for phase ii. They will act as the nonprofit general partners in conformance with tax credit requirements. As you kn