Directors report. Directors, happy new year. 2018 will be a very exciting year for the tbpa. My report today will include two presentations. First intention will be an annual year in review presentation that we present to you at the beginning of every year. It includes our accomplishments in 2017 and more importantly our goals in 2018. This presentation will also include the quarterly agreement reports, which you have a copy with you. Second item in my report will be the brief presentation on the Colliers International efforts for the leasing of the Transit Center. Lets go ahead with your report. About an hour. Your report is about an hour . Looks like were going to be shuffling the agenda around if thats okay with the board members. Okay. Well note that director kim has arrived, and with that, were going to go ahead were going to be losing quorum. So were going to be taking our regular calendar first so were going to be taking our regular calendar items out of order. Well come back to
Purchased salesforce Transit Center. Org,. Net, and. Com, and will be used and working the appropriate expert to build Site Specific website. Examples of the information on the website for brv, schedule of the park programming, activities that are open to the general public, information on how to sponsor an event, information how to book an event, similarly for pearl, it will contain information about Advertising Opportunities for the retailers, store hours, events, sales, and then for the tenants, an access, portal access to the work order system. Finally, it will also include links to colliers and p. R. I. Websites and youll be hearing from p. R. I. Later this morning. This needs to happen soon because meeting, already meeting with potential partners and add ties advertisers so we need a site to point them to for information. As we move through each month, this slide will change when contracts are completed. Last month we talked about the architect selected, but this is the Financial
Training. We started biweekly meetings with ac transit and other transit providers. I think we are starting to get dialogue and traction along looking at what their expectations are when they are arrive in terms of training, it provisions, layout of what minor tenant improvement that may happen along those lines. So, as dennis mentioned, i think this presentation will demensh on the heavy construction piece and expand a bit on monitoring or informing on what our thoughts and strategies are insureing operational readiness. I developed about 4 our 5 slides for next months to kind of demonstrate our line of thinking and some of the things we initiated with the transit operators how to tackle thal that challenge. On that issue, i r you working closely with ac tenant impruchb provement . I understand equipment and furniture, yeah but in terms of the wiring and all the stuffthat will be all be done . Exactly. They may populate it racks with their equipment so need to tease that out. Relating
Here. Next item communication and not aware of any. Okay. I dont think we have any from the board. Item 4 is board of directs new and old business. Okaywe have a new president elect, we know that. I would like to not know. Just in case nobody knew. Next item item 5, executive director report. October 20 meeting approved reduction in lease rates under interstate 80 for the bus service facility. This will benefit golden gate transit which has similar storage lot under i 80 with lease rates set to exspire nucs month. The current lease is approximately 560 thousand per euros year. [inaudible] caltrans informed on the current fair market value the cost of the lease will increase to 1. 4 million per year after twnt Percent Discount. Through the collaborative effort of golden gate district and ac translt and help with caltrans approved a lease term with 85 Percent Discount of fair market value reducing the lease to more than 85 Percent Discount of fair market value reducing the lease to more
Aging and Adult Services commission. Can we have roll call james, present. Dodd highly is excused loo is excused powell, present. Roy, here. Sims speaker please note executive director mcspadden is present because we have a very long agenda before we approve the agenda we are going to table a lot of the reports because a lot of these items require action and i know you want to see you are contracts approved. So we are going to table all of the reports until next month unless theres something urgent. With that will also table under new business item 7 cla six month report. We will table back also and i think that was about it that what we were tabling today. With that, i would like to have a motion to approve the agenda with those amendment. Moved and seconded. Its been moved and seconded we approve the agenda with the following corrections. All those in favor say, aye [chorus of ayes] opposed . The aye habit and the motion is carried [gavel] at this time could we have some general Publ