When going beyond the project this will not change the fingertip of the building this is providing a use and currently within a vacate tenant space that concludes my presentation. And im available for comments show s should you have questions. Thank you project sponsor. Commissioner president wu commissioners director ram im larry of back in the day in her urban planning i represent fitness a new locally and minority owned business the two folks are San Francisco residents worked in local gimmicks and their dream to open a local gym training gym the gym will serve the local area with numerous employees in the area with pdr employees and many new residents coming out the area we think this is a great opportunity for a nonformula retail gym space was vacate whole thing it was leased to fitness but the brothers that are the owners the property to the so bone theyre not mr. Haney experts and didnt realize the sizing size of the gym will require conditional use the original use of the site
Second. All in favor, say i. You are recused and then this consent calendar and item 3 to rekinds so the votes is on temple. 3 motion to approve. Second. All in favor, say i. So its approved and the remainder of the items on the consent calendar second and second and all in favor, say i. Opposed . The is have it thank you very much. Well go to the anti so members. Item 16 discussing the mta financial anti and directors no member of the public well present the yearend anti once again a positive story we have k p m that is going to rent just a snapshot we were 260 million over last year our expenditures were higher than this we added to the assets about 251 million theres part of the reason for the ratings other than the asset side our total assets increased toy by 47 millions on the capital side were putting more stuff into the ground and masonic our employee side and our personal services we had a higher adjourned estimated claims than projected 0 our net assets liability increased by
Favor, say i. Opposed . The is have it thank you very much. Well go to the anti so members. Item 16 discussing the mta financial anti and directors no member of the public well present the yearend anti once again a positive story we have k p m that is going to rent just a snapshot we were 260 million over last year our expenditures were higher than this we added to the assets about 251 million theres part of the reason for the ratings other than the asset side our total assets increased toy by 47 millions on the capital side were putting more stuff into the ground and masonic our employee side and our personal services we had a higher adjourned estimated claims than projected 0 our net assets liability increased by 420 million we completed the identity in record time and once again that was q key to our bond ratings im going to turn it over to my colleague. Good afternoon. Im lisa im the senior manager that bills was were required to discuss with those charged that governance over mta
Second. All in favor, say i. You are recused and then this consent calendar and item 3 to rekinds so the votes is on temple. 3 motion to approve. Second. All in favor, say i. So its approved and the remainder of the items on the consent calendar second and second and all in favor, say i. Opposed . The is have it thank you very much. Well go to the anti so members. Item 16 discussing the mta financial anti and directors no member of the public well present the yearend anti once again a positive story we have k p m that is going to rent just a snapshot we were 260 million over last year our expenditures were higher than this we added to the assets about 251 million theres part of the reason for the ratings other than the asset side our total assets increased toy by 47 millions on the capital side were putting more stuff into the ground and masonic our employee side and our personal services we had a higher adjourned estimated claims than projected 0 our net assets liability increased by
Advertising on the car and theyll be conducting those on site and have a schoerl showroom to represent tare products and the rest of the space will be right now, were working with a wine wholesaler that will be connecting the Wine Industry and the commercial storage of wine for over flow and possible Educational Opportunity for folks in winemaking i also want to mention that keeping the ground floor on pdr this brings up it outside of the large allocation for prop m so this project will not be taking office thats it space thats obviously visa expensive and as Major Projects come your way i do want to speak to the previous tenants in the building thats been brought up by folks the project sponsor is sensitive to their needs and generous all tenants received 8 months of the project sponsors intentions to renovate the building most were allowed to stay throughout the period of this notice period the project sponsor loud other tenants to leave their leases early without punishment or keepi