The first order of business is item 1, roll call. Commission members please respond when i call your name. Commission mand har is absent. Commissioner [inaudible] present. Commissioner sing rr, here. Commissioner booustoes, here. Madam chair rosales, here. Commissioner mondejar is absent and all other members are present thmpt next order of business is item 2, announcements. A, the next regularly scheduled meeting of november 3, 2015 is held at 1 p. M. At city. Announce of prohibition of sound producing Electronic Devices. The rings of and use of cell phones, pagers and similarly sound producing Electronic Devices are prohibited at this meeting. Please be advised the chair mayordser removal of the meeting room of any persons responsible for the ringing of or use of cell phones recollect pagers or other sound producing Electronic Devices. C, announcement of time allotment public comability. Be advised the member of piblic has up to 3 minute to make Public Comment on each agenda item unl
Sfmta answer that. I believe it is around 10 percent but let me afternoon commissioners. Greg nob nab mta praiject manager for folsom Street Project work wg ocii and public works. The question of how many parking space will remain along folsom street rf affthe project is still something we are working on. We have to work with the Fire Department. The original plan is sth majority of the parking remains othen street and hopefully that st. The case but the Fire Department is concerned about the width of sth street available it them and the way it is designed it may notd be parking but curb side loading is i think the more appropriate treatment along the street given the high density. Something the team will on with the Fire Department in the coming weeks to figure out the parking along folsom parking is a big issue for us. The city mta specifically has been sort of widdling down parking throughout the city. It isnt just us. You guyerize pushing it the design is to keep the parking so we
Properties with construction completed or soon to be completed but not yet on the tax rolls. We can issue a parody bond based what is on the tax rom but there is a lag between incompletion of the project and getting oon the tax roll. This is taken to maximize the funding provided and development in future tax increment that can be taken advantage of now without waiting until the years get on the tax rolls. The debt uvs is lowing in early years to offset uncertainty regarding the timing of assessment of the completed projects [inaudible] sufficient tax increment available. Final Interest Rates on the bonds are grud in negotiation with the investor or investors. [inaudible] also included in the items before you. July 7 [inaudible] Underwriter Panel on the due date 10 days later 8 proposal were received and reviewed by a panel consisting on bob gamble of pfm, ocii Financial Advisor [inaudible] San Francisco Controllers Office and myself. The panel evaluated on the following criteria, expe
Easily and frequent outreach to the Certificate Holders making sure they have the opportunity to obtain a home on the Hunters Point shipyard. Now i want to bring up veronica from the architecture to talk about the beautiful design. Good afternoon, commissioners and executive director. And chairperson johnson nice to be here weve been excited to be involved in the ocii project on the port and mission bay on block and now in the Hunters Point shipyard its really great were excited to see whats happening. This first image is the elements of our design ill go through the designs slide by slide but you can look at the model as well as to ask my questions about those later to file in my blanks i might have. The first oh, im sorry can you speak up. Yeah. All right. So, now ill be yelling be probably so block 52 has the highest point and the Hunters Point shipyard of the hilltop area your building is on the top its visible as you drive into the site and allows for views of the bay. And as we s
Space and thats taken in kind. Were the d da providing 15 pressor a total of 8 units in this development were proud of how the architect are working with us. The project also includes small retail component and were in the progress of securing the development for that retail component. So at this stage im going to turn it over to veronica or al. Were in a joint venture with our good friend al norman good afternoon, commissioners how you doing. Im doing fantastic. You are very exceptional to the project not only a. M. Am i the developer but im talking about block 52 we want to thank you for the rules and regulations this is a Community Project were developed in and helping us to keep all the promises made. On the block 52 development were appreciative active to our partners that bring everything were satisfied with their work were coming before you to get our approval for them to continue doing what they do and go ahead and make that a successful project youall youd love to this the Hun