With ricky in support of the project. This question about competitive bids is something that we grappled with as well at the stafflevel. You know, throughout the process we have been focused on relocating teatro on port property. We have the experience with the americas cup of dislocationing a lot of very good port tenants. We are able to relocate the large majority of those to other areas of the port property at the time. But with teatro, they really needed to be in the northern waterfront. They needed a longerterm lease at a new location that cant be entered at 27 because the new terminal construction. So that has been our goal. I think it was really teatro through the public process and understanding that people didnt want to go with the same form of the facility as it existed before, which was the tent structure. That people really wanted a permanent facility at seawall lot 324 and prior plus planning had indicated a neighborhood desire for a hotel use at the site. Teatro went out
With them. I am originally from the midwest and there is no better way to see the bay area, there is a place for you at zinzanni. A few years later, i am here, getting a masters in the Early Childhood and now the executive director of childcare. I have had two children that are the actual better versions myself since then, and i feel like our children might be aerialists, they might be scientists or musicians or educators, but it makes us so proud to be part of this community, that will reflect so much possibility back at them. Thank you. Thank you. Next speaker will be carolyn, followed by stephanie greenberg, followed by beaver bauer, et cetera. Good afternoon, any name is carolyn guatier and here to speak in support of the Teatro Zinzanni from the point of view of charitable organizations of which teatro has been a great supporter. We serve children, adults and elderly in homeless shelters, hospitals, convalescent homes, zool for special needs children, on and on. We produce 600 sho
A sole source waiver early on, not being able to guarantee this is the best deal moving forward. Is that it . Im sorry, one more question. The initial negotiations talked about a 1015year lease before it became a larger project. Where do you anticipate the number ofyears for this lease to look like . Typically for new development on a ground lease we would do a 66year lease. That is what is allowed under the burton act and that would be a time that would be sufficient to amortization the amount of investment here. Right. So again, even makes me more concerned about doing a full bid for such a longterm lease. Its not 10 or 15years, but a 66year lease. Thank you. Thank you. Supervisor wiener, any comments . Question for mr. Benson. I know you touched on this before, but if this were not solesourced, how would the process proceed . What would we see here . We have never done Something Like supervisor kim is suggesting. In the absence of any prospective tenant, normally for a Development P
Phone calls, social media and letters including one message from a fan who wrote im counting the minutes until our beloved Teatro Zinzanni is once again with us in San Francisco. You one more holiday season, new years, birthday or romantic night without you is one too many. Our goal in this hiatus has been to keep in touch with our audience and the community, remaining hopeful that we would see the day when we would announce our return. Now we have a plan. This unique partnership with kenwood and Teatro Zinzanni creates a unique Business Model where one hand feeds the other. Together well steer business to the surrounding community. A marriage between business and culture. A new way of art and business to flourish, im supporting the packet of letters and local San Francisco supporters. The Energy Behind this venture is palpible. Its time to return to San Francisco. Thank you. Thank you very much [ applause ] i have a quick question, how many presentations do we have on this item . Im t
We would do a 66year lease. That is what is allowed under the burton act and that would be a time that would be sufficient to amortization the amount of investment here. Right. So again, even makes me more concerned about doing a full bid for such a longterm lease. Its not 10 or 15years, but a 66year lease. Thank you. Thank you. Supervisor wiener, any comments . Question for mr. Benson. I know you touched on this before, but if this were not solesourced, how would the process proceed . What would we see here . We have never done Something Like supervisor kim is suggesting. In the absence of any prospective tenant, normally for a Development Project like this, we would have a concept, say a hotel and entertainment use. Developed through the community process. Then we would do a request for qualifications and we would be looking for a Development Partner who has the experience and Financial Capacity to develop the site. And then we would go through a negotiation, where we establish fairm