Been stated here today obtain page 11 of the report we recommend you amended the proposed so the 12krishgd property will be submitted to the board of supervisors and immediately upon reaching the sales of 50 million square feet to adjust the sales price and a recommend you accept the proposed remedies as amended thank you, mr. Rose. Well open this up for Public Comment anybody wish to comment on this particular item . Supervisors im a historic he prestige speciality. Ive been involved a number of years. Im really concerned about this. I did not know about this until sunday afternoon and i spent a lot of time in the Clerks Office yesterday. I appreciate mr. Roses report. Im deeply concerned about the 2 hundred plus million. Thats the same amount left out there from individuals that havent sold. The Mayors Office of Economic Development has 5 hundred thousands of those that they have not be able to put on the market yet. Im concerned theres a lot of latitude given to the city attorneys.
Possible to sell the t dr but we were not able to act fast enough. Literally the weekend they struck a deal to secure the t dr at the same price from the city. That lost opportunity focused our team so we want to structure a program thats reactive enough. The Planning Committee approved the plan. Im joined by elizabeth and others from t p w and a supervisor i want to thank beth murphy for being here and walking to the 154 million project and thank you, mr. Updike for the simmer reports. I have a question i know that other Historic Preservation advocates how are they involved in the process in the summer report in the t dr thats a question im not sure exactly of the outreach that the Consulting Team did but i know they interviewed a number of stakeholders on both sides of this issue. One concern is development but the the other is the city entering the marketplace as a seller and other competitions to facilitate their restoration. And so in that respect theres some choices that need to
Responds to those who have raised the issue so we can revolve our concerns and come back with the you mention final proposal for next week. So well have a motion to continue this okay everyone wee recess from our regularly skerltd meeting. Congratulations to carmen chewing. Madam clerk well continue with the agenda. Item 4 is the resolution establishing the appropriation for the 2013 and 14 fiscal year good morning, madam chair and mercedes benz. This is an annual resolution this is posed before the board of supervisors for approval setting our appropriations limit based on the state constitution. The limit is adjusted on a cost of living and other things. The controller calculated it for the maximum limit is 4. 28 builds and our calculations is resourcefully 2. 7 billion so were under the limits. We typically bring this resolution to the board when we set our tax rate and this year its detailed but were still within the book ends of the state requirement to approve that resolution. We
Certain height and bulk restrictions. So your question might be more to the point of Development Factors that still are an entitlement and review process right. Thats continued. I guess the answer is because this is somewhat of an unused process and i understand the policy behind it i agree with it. But its untested yet if a developer you know how that kind of entitlement proposals works afterward and how did he people are seeing how the developer pays for one hundred percent of the t dr whats been tested is the city entering this market. T dr is not an untested produce. We see the t g r energized developments. Most current is the transbay project where the t dr facilitated maximumizing the project. We see about one hundred foot for the marketplace. Its one hundred thousand its variable based on the market kindly but that gives a sense of traction load out in the community thank you. Sure. I was mentioning the proceeds theyre required to go back into the donor site it has intoxicate a
I wanted to say based on what ms. Plat is saying can we continue this until the next meeting so ms. Platt and other other folks could add to this. Were actually now right on time for a contempt for the swearing in so im going to ask in the middle of this a recess. Well come back. So can i have a motion for a recess actually, i think its reasonable to get more information to continue until next week then well go into recess there. I think we have good responds to those who have raised the issue so we can revolve our concerns and come back with the you mention final proposal for next week. So well have a motion to continue this okay everyone wee recess from our regularly skerltd meeting. Congratulations to carmen chewing. Madam clerk well continue with the agenda. Item 4 is the resolution establishing the appropriation for the 2013 and 14 fiscal year good morning, madam chair and mercedes benz. This is an annual resolution this is posed before the board of supervisors for approval settin