Are [inaudible] we have a commitment for equal unless we appreciate everyone commenting. I also want to express my thanks to susan. I know this was a creative approach and very much your project. I think it is demonstrating again the ports commitment to our community to Small Businesses and one of the other things i hope people see from this is that the port really represents a lot of different opportunities all costs the waterfront. I think that something were trying to make more and more people aware of, how diverse the operation and activities are here along the waterfront and i hope this goes a long way to show we have a nice mix or be getting a nice mix of local businesses and [inaudible] notches here at the Ferry Building but here at the other sites. In particular, really for the outreach and the idea of figuring out a way to bring more entities into the port. I also want to thank the Small Business commission for their support on this. So, kudos to you and appreciate your effort
Commission. And, so, what i would think is probably a better thing to do is allow for the same kind of language so that if the department actually exceeds what the Health Policies or the Health Commissions policy is on contingency, then they have to go back for approval. If the Health Department or the Health Commission policy should change to 10 considertion, then it should be at 10 level. So, i want to make sure we allow for the Health Commission to exercise sort of their jurisdiction over the Health Departments policy on contingency before we sort of say a different level. Madam chair and supervisor avalos, we concur with what the chair just stated. That seems reasonable. Okay, thank you. Do we have that motion . Moved. We have a motion to accept the budget analysts first recommendation and then to amend the budget analysts second recommendation so that it is consistent with the department of Public Healths policy in terms of contingency levels, and to authorize the clerk to be able
Will be able to address as well, we have spoken to a number of proposals and some of them have actually left San Francisco, especially ones that would utilize this kind of space. They left to go across the bay. Not necessarily because it was cheaper there, but because they found out that the facilities were actually better suited to being flexible, being adaptable to what they needed and a lot of them were just newer facilities. And, so, i just wanted to understand what were doing here is creating a shell and were not really putting much else in there . Im just wondering how competitive we would be across the bay. Right, im going to let odi team answer that because how to meet the market needs and what the tenant needs is very much what we draw from our publicprivate partner. Mr. Eddie orton. Good afternoon. Answering that question, the we deliver Generation Infrastructure so that industrial tenants can basically come in with their equipment and specific design, so they can manufacture
Million,128,0 92 [speaker not understood] to a total not to exceed amount of 17. 6 million. That you also amend the proposed resolution to require any expenditures under the third amendment of the contract between dph and med impact that exceed 10 of the third amendments board committeevv of 7 92,4 28 be submitted to the Health Commission for approval and that you approve the proposed ordinance as amended. Thank you. And, mr. Rose, with regards to the second recommendation to amend the resolution to require that any expenditures in the third amendment that exceed 10 go back to the Health Commission for approval, is this current policy with the Health Commission . That is consistent with their current policy, that is correct, madam chair, supervisor avalos. Thank you very much. To the department, those two recommendations, wanted to hear from you. One sounds like it is a policy that is already dictated by the Health Commission, your department. Second one weve actually seen a previous i
Start to collect the base rent until 20 years later. The expectation is that might move back depending if more is needed to fix up the facility. Is there sort of an upper limit to what those expenses will be and how does the port intend to control those expenses . We thats the Due Diligence were doing right now. We realize there may be one or two of these buildings that there isnt immediately a costeffective rehab. We may come back with a refined project. Thats what were working through now. The port, when we come back with the actual deal, well have a clear process by which were validating exactly how the what the project costs and how much is paid for the debt, tax credit investment. And then the last piece, the expensive piece, is the orton equity. The deal structure that theyre willing to commit and agree up to 14 million are base Case Scenario, which is one of the budget [speaker not understood] did a different version of. Our best Case Scenario was the project put in 2 million an