The proposed funding, the city will reimburse warriors for improvements to infrastructure capped at 120 million. Funds are restricted to three sources we have discussed. Proposed operations and maintenance, we have reached out to city departments. The police funded the cost estimates are to be determined. We will be in the cost will be associated with calls for service during events and non events. Responses to illegal vendors and such. Fire anticipates no direct fiscal impact from the project. Number of staff and hours worked will not change as a result of this development. As mentioned by chief lombardi the San Francisco department may contract with warriors for emergency services. Certainly if they are colocated, that makes sense. No impact to the project as Golden State Warrior also pay to maintain open space they create. For dpw and mta we are currently working with both those departments. There will be parking and service officers. There will need to be traffic and cleaning servi
Input and want to whether it appears we are rushing through this process because of how much a priority i agree. How much a priority it is to bring the warriors to San Francisco. We want to see that happen but not at the expense of the process. We absolutely agree. This only works if it truly works. It is not unprecedented to go from an exclusive negotiating agreement to this. We had an a threemonth meeting before it passed accountability but then took time from fiscal feasibility to have the environmental approvals. We have a schedule i can discuss with you. The proposed meetings between now january. I will be at the maritime meeting tomorrow to talk about the maritime proposals for the three sides of the pier on 19th as i mentioned at 1 p. M. There is is a land use hearing which will be an informational hearing. We have had presentations in the cac, now the Port Commission and felt like it was important to do that at the board of supervisors prior to asking decision on fiscal feasibi
Responses to illegal vendors and such. Fire anticipates no direct fiscal impact from the project. Number of staff and hours worked will not change as a result of this development. As mentioned by chief lombardi the San Francisco department may contract with warriors for emergency services. Certainly if they are colocated, that makes sense. No impact to the project as Golden State Warrior also pay to maintain open space they create. For dpw and mta we are currently working with both those departments. There will be parking and service officers. There will need to be traffic and cleaning services and other amenities determined as we move forward. As a parenthetical, we will get into this, peter albert is here, but we will have a robust transportation as part of design hearing monday. We recognize transportation is probably the single Biggest Issue that needs to be addressed by this through this process in order to have a successful project. I have heard rick say several times it is not i
Work through research and consultants it is unprecedented to have a Sports Facility be privately financed. The sports facilities you see built and rehabed around the country really to one include direct public subsidies from state and local governments in order to finance the arenas. We are talking a billion respond, contributing only to substructure, only to the portion we own. The proposed funding, the city will reimburse warriors for improvements to infrastructure capped at 120 million. Funds are restricted to three sources we have discussed. Proposed operations and maintenance, we have reached out to city departments. The police funded the cost estimates are to be determined. We will be in the cost will be associated with calls for service during events and non events. Responses to illegal vendors and such. Fire anticipates no direct fiscal impact from the project. Number of staff and hours worked will not change as a result of this development. As mentioned by chief lombardi the S
Neighborhood quality of life services. Now fiscal feasibility. There are five requirements of fiscal feasible. Looks at direct and indirect economic benefits of project, proposed Construction Costs, proposed funding, operation and maintenance costs and proposal to use public debt. In fiscal feasibility report and numbers we generated with help of eps and barrett, we did use conservative assumptions. If you have questions about the number of assumptions, i have jim mussbach and Richard Burton from eps to talk through them. First the economic benefits. There are two sources. Some is annual unrestricted general fund and other is dedicated or unrestricted revenue. Approximately 12 million in annual unrestricted general fund revenue from sources you see in this chart expected from the development at the two sites. The initial number that was generated in fiscal feasibility report used pay roll tax. We will have gross receipts tax by the time arena is completed. The number has been adjust so