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Transcripts For SFGTV 20130312

Item number 1 is an ordinance approving exceptions to requirements of the seismic safety loan program under the administrative code and the sslp program regulations, regarding a 2,379,464 loan for an existing Affordable Housing project at the hotel isabel located at 1091 mission street. Thank you. And supervisor kim is the author of this legislation. Thank you, chair wiener. This is basically we are asking for an exception to our seismic safety loan Program Deferred extended loan program. Hotelies isabel is one of our Affordable Housing units here in district 6 on the south of market. Currently has 72 units Affordable Housing and its owned by the hotel [speaker not understood] a limited partnership with who is general partner is todd koh who is here today and were just ready to ask for an exemption from the loan to value ratio requirement and other underwriting criteria set forth in the San Francisco administrative code for a number of reasons that i believe the Mayors Office of housin

Transcripts For SFGTV 20130315

Rva because the construction documents are due may 31st and the longer we put that off the more expensive this project becomes and it defeats everything that director metcalf is looking to do which is save money. The seconds thing that we are going to come back to you on march 25th. Was a recommendation on what to do further with skanka, do we ask the board to allow us to negotiate further . Reject the bid . And they will have a recommendation for you then, we are not coming to the board on march 25th, with the recommendation to adopt the reserves and contingencies we can at this point because we need to give web corps times to relook at the whole structural steel, do we repackage everything . Do we redesign the steel in some way to be able to give the response that you asked for. So march 25th, would be allowing us to move so that the design team could finish and that would just include the direction on the rva and the direction of what to move forward and that is it for march 25th an

Transcripts For SFGTV 20130314

Thank you. Madam clerk, will you please call item number 1 . Item number 1 is an ordinance approving exceptions to requirements of the seismic safety loan program under the administrative code and the sslp program regulations, regarding a 2,379,464 loan for an existing Affordable Housing project at the hotel isabel located at 1091 mission street. Thank you. And supervisor kim is the author of this legislation. Thank you, chair wiener. This is basically we are asking for an exception to our seismic safety loan Program Deferred extended loan program. Hotelies isabel is one of our Affordable Housing units here in district 6 on the south of market. Currently has 72 units Affordable Housing and its owned by the hotel [speaker not understood] a limited partnership with who is general partner is todd koh who is here today and were just ready to ask for an exemption from the loan to value ratio requirement and other underwriting criteria set forth in the San Francisco administrative code for a

Transcripts For SFGTV 20130311

Good afternoon. Welcome to the San Francisco board of supervisors land use and Economic Development committee. My name is scott wiener. Im the chair of the committee. To my right is supervisor jane kim, the committee vicechair and to my left is supervisor david chiu. Sfgtv staff who are recording todays meeting are Jessie Larson and nona markonian. Thank you to sfgtv. Ms. Miller, are are there any announcements . Please make sure cell phones and Electronic Devices are. Completed cards [speaker not understood]. Items acted upon today will be on the march 19th board of supervisors agenda unless otherwise stated. Thank you. Madam clerk, will you please call item number 1 . Item number 1 is an ordinance approving exceptions to requirements of the seismic safety loan program under the administrative code and the sslp program regulations, regarding a 2,379,464 loan for an existing Affordable Housing project at the hotel isabel located at 1091 mission street. Thank you. And supervisor kim is

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