Yes. Rosales. Yes. Johnson. Aye. The vote is 5ayes. Madam secretary call the next item. 5 d. Authorizing the office of Community Investment and infrastructure to enter into a contract with alliant Insurance Services, inc. For Liability Insurance services for an amount not to exceed 166,000 for the period september 30, 2013 through september 30, 2014, and to renew the contract at the end of each term for a period of one year through september 30, 2018. discussion and action resolution no. 43 2013. If we could have the regular screen, please . Thank you. Commissioners, and members of the public, thank you for joining us still. And this next item is an administrative item, and commissioners, as typical, we bring these items before you, consistent with the purchasing policy and you considered procurement of the insurance and was budgeted for in the budget that was approved by you. And the mayor and the board in july. And this particular item is just in furtherance of the previous actions t
Get and what we would want to charge. And then, actually, it is actually cash flowing well. And so, there is cash flow or surplus cash, residual receipts left at the end to pay back and actually goes toward first is the ground lease payment. Right. So, yes, there is adequate funding. Right. So everything, yes, i understand that. And then, i guess, i got to look through the loan agreements again. Last thing. Do we know who the third equity streets partners are . Are they listed in the loan approval anywhere . Are they somewhere . Okay, go ahead. Yes, we know who the third Street Equity partners are and that is the entity who we purchased the land from in 2010 and they will be the developer of lot 41. And the other people. And the people . Yes. It is the developer holiday. Okay, yeah. Thank you. All right. Other commissioners . Questions. Okay. All right. Thank you very much. So, unless there is other further questions or changes i am happy to entertain a motion on item. We are waiting f
Item. 5 d. Authorizing the office of Community Investment and infrastructure to enter into a contract with alliant Insurance Services, inc. For Liability Insurance services for an amount not to exceed 166,000 for the period september 30, 2013 through september 30, 2014, and to renew the contract at the end of each term for a period of one year through september 30, 2018. discussion and action resolution no. 43 2013. If we could have the regular screen, please . Thank you. Commissioners, and members of the public, thank you for joining us still. And this next item is an administrative item, and commissioners, as typical, we bring these items before you, consistent with the purchasing policy and you considered procurement of the insurance and was budgeted for in the budget that was approved by you. And the mayor and the board in july. And this particular item is just in furtherance of the previous actions that you have taken to the budget and with that i would like to ask leo levinson wh
From the residents. And those are already sort of lower incomes for my question, and my question is, does the section 8 project credit, does that have a negative impact on what we get for residual receipts. I dont know if i am making any sense here. You actually are. And no, it does not actually have a negative impact and as a matter of fact, because, the project based section eight, at least right now, are, they are higher than we would want to get and what we would want to charge. And then, actually, it is actually cash flowing well. And so, there is cash flow or surplus cash, residual receipts left at the end to pay back and actually goes toward first is the ground lease payment. Right. So, yes, there is adequate funding. Right. So everything, yes, i understand that. And then, i guess, i got to look through the loan agreements again. Last thing. Do we know who the third equity streets partners are . Are they listed in the loan approval anywhere . Are they somewhere . Okay, go ahead.
Item. 5 d. Authorizing the office of Community Investment and infrastructure to enter into a contract with alliant Insurance Services, inc. For Liability Insurance services for an amount not to exceed 166,000 for the period september 30, 2013 through september 30, 2014, and to renew the contract at the end of each term for a period of one year through september 30, 2018. discussion and action resolution no. 43 2013. If we could have the regular screen, please . Thank you. Commissioners, and members of the public, thank you for joining us still. And this next item is an administrative item, and commissioners, as typical, we bring these items before you, consistent with the purchasing policy and you considered procurement of the insurance and was budgeted for in the budget that was approved by you. And the mayor and the board in july. And this particular item is just in furtherance of the previous actions that you have taken to the budget and with that i would like to ask leo levinson wh