There please be advised the ringing and utilization of cell phone, pagers are prohibited. The chair may order the removal from the meeting room of any person responsible for the ringing of or use of a cell phone, pager or other electronic device. Please be advised a member has up to three minutes to make Public Comments on each agenda item unless the Commission Adopts a shorter time. Is there any Public Comment on items not listed on the agenda seeing none, Public Comment is close. Item 6a, directors report. Good afternoon, president brandon, Vice President adams, members of the commission and members of the staff. Im the ports executive director. I have a happy report today because i get to talk about two awards gim given to port staff. To first, the california preservation foundation, the cpf, has selected the pier 70 design award in Cultural Resources studies. The design for Development Agreement was created through a Long Partnership with the port, San Francisco Planning Department
Phone, pager or other electronic device. Please be advised a member has up to three minutes to make Public Comments on each agenda item unless the Commission Adopts a shorter time. Is there any Public Comment on items not listed on the agenda seeing none, Public Comment is close. Item 6a, directors report. Good afternoon, president brandon, Vice President adams, members of the commission and members of the staff. Im the ports executive director. I have a happy report today because i get to talk about two awards gim given to port staff. To first, the california preservation foundation, the cpf, has selected the pier 70 design award in Cultural Resources studies. The design for Development Agreement was created through a Long Partnership with the port, San Francisco Planning Department, Mayors Office. Economic workforce and Brookfield Properties and project team, including but not limited to site lab, urban studios, david baker architects, Architectural Resources group. It was designed i
Fundraising campaign and partnership of San Francisco parks alignment. Good afternoon, president and commissioners. Im the manager on the real estate and development division. This informational item before you is the proposed park Fundraising Campaign. As you all know, crane cove park has been an active project of the port since 2005 and david boprey who lead the planning the park and erica crane are both here to answer Historical Context questions. Drew betchr of the San Francisco Parks Alliance is here today and will be speaking later on in our presentation. Just as an overview of what youll be covering, we will go over the project background and status, the Strategic Plan alignment, parks aligned history and experience, our next steps. Shoreline ro reconstruction, bot irrigation. And it is anticipated that the 19th street, georgia street and building 49 are delivered by the calendar year 2020. The date has spent 16 millions of the 36 million budget. With that said, there were compo
Obviously they take safe investment guidelines. The 10 is a very good yield relative to their yield. No further comment. Thank you. Vice president adam. Im in favour but i agree with president brandon. Shes been asking about this for month and sometimes i think when the commissioners talk, it falls on deaf ears. The staff may think they know more than the commissioners. Thats fine, but i think when asking is asked, you know, shes been asking for this for months, and no excuse not to be in the report and you cant duck it. If theres an issue, it needs to be dealt it and thats how i feel. Jack came up, but it should be in the report and should be talked about. So i think when we say something, it should be heeded and as president brandon said, people from the community hadnt come out today, a lot of this stuff we wouldnt have known and we have to talk about these things. I think to me, transparency is important and when we say something, it should be there. Im not blaming you, but somebod
Would the agreement allow us to bring in an investor and we put it in this transaction and we share with the investor the 10 . And if they were happy with 6 , we would make 4 and if they were happy with 8 , we would make 2 . Are we allowed to do that within the boundaries of contract . Within the boundaries of contract, we can put in money the Port Commission off crews and puts into its budget. As long the Port Commission approves it, we can put money into the deal. I will note that we talked about this very thing because the timing was such that we werent at this point able to put in money. The developer anticipates starting construction in ernest early next year. To the extent theres money, they are open to putting that into the deal. I think all of us on the models, see how close phase one is and we can replace the 8 money with 10 money and that would help phase one achieve feasibility. That includes my question, thank you. Weve been over this phase pe onphaseone many times so im co