Board of supervisors agenda unless otherwise stated. Okay, thank you. Could you please call item number 1 . Item number 1, resolution authorizing the execution, sale, and delivery of a housing revenue note in an aggregate Principal Amount not to exceed 28,500,000 for the purpose of providing financing for the construction of a 121unit affordable multifamily senior Residential Rental housing project, known as bayview Senior Housing; approving the form and authorizing the execution of a funding Loan Agreement and a borrower Loan Agreement; providing the terms and conditions of the note and authorizing the execution of a regulatory agreement and declaration of restrictive covenants; authorizing the collection of certain fees; approving modifications, changes, and additions to the documents; granting General Authority to city officials to take actions necessary to implement this resolution; and ratifying and approving any action heretofore taken in connection with the note and the project,
Should be submitted to the clerk. Items acted upon today will appear on the january 7th, 2014 board of supervisors agenda unless otherwise stated. Okay, thank you. Could you please call item number 1 . Item number 1, resolution authorizing the execution, sale, and delivery of a housing revenue note in an aggregate Principal Amount not to exceed 28,500,000 for the purpose of providing financing for the construction of a 121unit affordable multifamily senior Residential Rental housing project, known as bayview Senior Housing; approving the form and authorizing the execution of a funding Loan Agreement and a borrower Loan Agreement; providing the terms and conditions of the note and authorizing the execution of a regulatory agreement and declaration of restrictive covenants; authorizing the collection of certain fees; approving modifications, changes, and additions to the documents; granting General Authority to city officials to take actions necessary to implement this resolution; and ra
Tracks with you during the project. You stayed up late, even gave me a ride home which i appreciated. And you know, we saw the hard work from your crew and the people working in nonrevenue hours to do this. And, so, ill say on the, you know, curve replacement, kudos and thank you for getting it done. On the atcs wire, you know, when mr. Haley first came into this and we kept having these disturbed blocks and disturbed blocks and we actually had a hearing on this, and it came out that it was this wire getting pinched by sander hoses and so forth and so on. I remember, john, i asked you, i said can we wrap this thing in cryptonite . The market for cryptonite is very expensive. But the reality is despite last nights incident which is something else. Unfortunate timing but didnt have to do with the atcs wires. Those incidents have gone down. You know, customers see the Service Getting better. Theyre not quite sure why. The reason is you guys have better protected the atcs service and thats
Crews which terry here is to represent, led the upgrade of the automatic train control system, the signal loop. A loop of wires that run through the subway that basically provide for the communication of the automated train control system. When our trains are in the subway, they operate on an automatic mode that allows them to move much more quickly and efficiently than they would if they were operating in manual. And when this cable is not functioning, the automatic system goes down. Everybody switches into manual mode and the entire service, not just the eureka curve, the entire service degrades. So, it is a very significant project, fairly technical in terms of making sure there was not interference with the communication systems, and that the crews that worked on this also working after hours did a spectacular job. So, i want to thank you both for the service that you put in to make the train system work better and ill ask mr. Haley if he wants to add a few words. Director heinicke
Parking lot at 17th and folsom which holds 220 cards is going away. Its going to become a city park and housing development. Cars so, the need to develop Parking Solutions is the most acute here which is why we have this area first up. Supervisors com poems and cohen joined the meeting. We got a lot of feedback. Most of it constructive. And well be working over the next few months. Well have followup meetings, late winter, early spring and hopefully have a proposal for you probably some time in the spring we hope will receiptv a consensus from the Community Front community to manage needs in that area. Hopefully Good Progress in that front. In the spirit of free muni, a small gesture of well, two things. First, as we do every year on new years eve, well be providing free muni service from 8 00 p. M. Till 6 00 a. M. To make sure that everybody can get around safely and unimpaired. At least those operating vehicles will be unimpaired and well help everybody else get to where they need to