Info memo. You have had a lot of material. I think what i will do is focus on the disposition plans and then get, allow for more time for questions and comments. This again today is not everything that is going to be in the disposition plan. What im going over quickly with you today is the ones that is a subset. Its just the ones that were either to be determined for the workshop or unclear disposition plan. Thats the focus of this one today. So just quickly im just going over one quick brief slide about what basically our alternatives under the dissolution law and you can see here the property that im focusing today are the parcels and the Shipyard Parcels and the Shipyard Community parcels and the Mission Bay Park parcels and the yerba buena gardens and well go through timeline because we are in the homestretch of this plan. So just briefly just to review what the alternatives are the 1st that we can retain. If we have an asset that has a governmental purpose of some sort, then in th
Interest to the city and have the city sell them so it can reconfer recover as much as possible the 5. 5 Million Construction loan. Anything other would be considered program plan because it was purchased with the Program Renewal funds. If nothing happens and the ground lease remans in place, they have rights for the ground lease inform that case we are proposing that we still transfer the property to the city, have the city take over as the landlord for governmental purpose for the same reason because they are because of the investment with c dshsg that it would be easier for them to fulfill their obligation that has to do with fulfilling their obligation to had you hud under their loan. Finally food co that one, i know since weve met last time that kroger is still interested in purchasing this parcel. Then the plan would be that they were interested before dissolution and we would still continue to try to sell it to them so that they can improve the Grocery Store there on lane street
Are shaping the future. Back to the economics of everyday life in china climbed onto winter. Her last a week of november for that episode of more than two of the un deputy. The Money Matters who commended for. No question today was thinking today about the medical report into a corner will talk later pure fires and to the chinese users happy about it. Finally the blog today the teacher within china. For all that with the look of a top restaurant in china. First up in phoenix. We are coming out this one really puffy the recently closed for cleaning session of the communist party of china the good economic and political report the country even though the agenda relief last week. Not that that agreement of all the drills a messy house owners are worried about the upcoming puppies and how and when the property in guangdong more than twenty percent out of the clippers got the last week. How can you talk like a crime or fifteen percent for the session. Corner market insiders more to the tell
Of a gardens for the expansion project will have been finished. It will be done. It wont matter what any success or entity thinks about it. There are major changes being proposed by the master project in the childrens garden and parts of cb 2. As far as i can tell the date they have acted as if you dont exist. Community people, even though it your property and you are the body for the gardens for what should and shouldnt be there and what should or shouldnt change. We really want to draw your attention to this. You should have equal role with the city with regard to the expansion project designed impacts on the gardens. Your job is protecting integrity of the gardens, the quality of the gardens and im sure you want to and im sure you can. I think its possible. There is a lot of good possibilities in expansion project but there are also a lot of negative impacts and what brought this into focus was the architects told us that childrens garden has to go and that its in the way. Thats not
But the success or agency to Work Together or transfer its interest to the city and have the city sell them so it can reconfer recover as much as possible the 5. 5 Million Construction loan. Anything other would be considered program plan because it was purchased with the Program Renewal funds. If nothing happens and the ground lease remans in place, they have rights for the ground lease inform that case we are proposing that we still transfer the property to the city, have the city take over as the landlord for governmental purpose for the same reason because they are because of the investment with c dshsg that it would be easier for them to fulfill their obligation that has to do with fulfilling their obligation to had you hud under their loan. Finally food co that one, i know since weve met last time that kroger is still interested in purchasing this parcel. Then the plan would be that they were interested before dissolution and we would still continue to try to sell it to them so t