Please wait outside if you care to speak submit a speaker card to make sure youre aware your name has been called for a particular item okay. As soon as an overflow room is made available ill let you all know where that is id like to call roll at this time. Commissioner president fong commissioner wu commissioner antonini commissioner hillis commissioner johnson commissioner moore and commissioner richards thank you, commissioners commissioners, the first item on your agenda is item for continuance item one the go affordable unit general plan amendment and two Affordable Housing bonus planning Code Amendment and next Affordable Housing and public Zoning District are proposed for that continuance until december 3rd, 2015, item 4 at 1126 irving street has been withdrawn i have a number of speakers commissioners. Okay. Opening it up for Public Comment for continuances Katherine Howard calling names and if you all want to line up on that side of the room pent. For those members of the publ
Done by independent third party an appraiser. It reflected a reasonable assumption of development to the property far less than tenderloin housing clinic originally anticipated. I think it was a very good reflection of the number of units that the property could yield in the future. It did not an attribute any value to any of the improvements. It did not attribute any value to the subemerged lots. We are only paying for the lots that are dry. Although as you will note in the report about half of the property is actually underwater. So, we are not in a position where we are paying for anything that isnt of value. The conclusion of value puts us at about 50 a square foot for land. I would say in San Francisco, thats a pretty good price. The assumption of development is is approximately 86 units that the whole property could yield if it were a standard residential development. The appraiser looblgd at when this could had been because there would be entitlement process bass because its ref
Going to be able to get that back. I think we should lock it down while we can. I think its a terrific opportunity. Thank you supervisor wiener. Supervisor mar . Supervisor eric mar i know randy shaw is here from the housing clinic. I think this is a good way to connect the last final parcel of the blue greenway and even from harg ton park through the trail all the way through. I understand open space and feel this is a good way to move towards chrissy field southeast as mr. Ginsberg said. I do want to ask, i know sometimes there is contentious battles on Affordable Housing on the sites. I know they considered landmarking the cottage and also building 200 units 50 percent Affordable Housing. I know the neighborhood has gone through various discussions on this. I see equity as having open space for low income southeast neighborhood, but i know that housing is such a big goal. Im just wondering what the history of that discussion from five 5 years ago and now we are considering this as o
Have been in conversations with some of the developers in the neighborhood about landscape and assessment districts and mechanisms to help fund and maintain that park. We have just secured a 500,000 Planning Grant for the phase. Which was your question about asking if we planned what too do with the space. We need to have a conversation whether we are right size with respect to the park and maintenance and staff. Before you today is a decision that will benefit generations of San Francisco for many many many years to come. I thank you and i think what was really compelling about, i think it was a knowey valley where the park was. I think what was really compelling about that particular project and the reason i supported it was overwhelming support. Its what we expect to do to take care of our parks and the fact they love the space and utilized the space and willing to roll up their sleeve, raise money and support and maintain the space and it wasnt completely the responsibility of the
Financing mechanisms and thought about maintaining it. You will hear more about our plan with respect to francisco shortly. With this plan we have been in conversations with some of the developers in the neighborhood about landscape and assessment districts and mechanisms to help fund and maintain that park. We have just secured a 500,000 Planning Grant for the phase. Which was your question about asking if we planned what too do with the space. We need to have a conversation whether we are right size with respect to the park and maintenance and staff. Before you today is a decision that will benefit generations of San Francisco for many many many years to come. I thank you and i think what was really compelling about, i think it was a knowey valley where the park was. I think what was really compelling about that particular project and the reason i supported it was overwhelming support. Its what we expect to do to take care of our parks and the fact they love the space and utilized th