That . And sea wag. If i may, there is a lot of issues and follow up on this lease. There is commitment from bae to restore the two buildings that we have to monitor. We have worked closely with sea wag and to maintain this relationship that was articulated with the power craft. There is an agreement itself and the community itself to maintain. If you like, we can come back to the commission and update you on the regular basis to update you on how the progress is going. That would be great. We have a lease on what are called deliverables. We will be monitoring during the term of the lease. Great, thank you. Any other comments . If not, all in favor say, aye. Aye. Any opposed . Abstentions, resolution 1511 passes. Next item. Item 12. Request for authorization to award a professional Services Contract for municipal Financial Advisory services to Public Financial Management for a term of 3 years with an option to extend for 2 years with a not to exceed amount of 140,000 annually 2 years w
So i will second the motion. Please call the roll. Commission members please announce your vote when i call your name. Commissioner mondejar . Yes. Commissioner singh . Yes. Commissioner bustos is absent. Madam chair rosales . Yes. I have three ayes and one absent. Okay, the Commission Approves the request. Reluctantly. Please call the next item. City clerk the next order of business is 5d adopting Environmental Review findings pursuant to the California Environmental quality act and approving amendments to the mission bay for south design for development and signage and master plan to allow a wall signage to be located at a maximum height of 80 feet versus 45, the western facade of commercial industrial designated building located to the west of owens street. Mission bay is governed by the redevelopment plans. The Development Standard are not in the planning code but rather for the development and a companion document is master plan north and south. As mission bay has been fully built
Remain with ocii. Overall completion is at 60 percent goal. Its utilizing the citys local hiring policy local by trade. The general contractor and 35 percent for labor classification and 15 percent for operating engineers. There to operating engineer trade is short of 50 percent goal. Ocii acting through the office of economic and Workforce Development continue to work with the contractor to meet this goal at the end of january and operating apprentice to improve local hiring performance. As stated in the resolution, the executive director would be authorized to enter into any and all ancillary documents to complete the necessary contract. That concludes the staffs presentation and we have people here from Transportation Authority to answer any questions you may have. Thank you, do we have any speaker cards on this item. We have mr. Ace washington. I just wanted to know what is the reason. It quite a bit of money. Can there be competitive pricing . Yeah. They give the bid from 3 millio
Ordered a study that was done by our engineering do department that look and document the conditions of the building at the shipyard as well as the equipment. In the lease we are putting conditions that bae would need to follow. That we divided the equipment and the building into two major categories. Those that we need to be addressed either way to address issues of life safety and to make sure the buildings are in better conditions and people are protected and those may take a little bit of time to get the repair and maintenance done. The next set of lease term is regarding expectations that i believe commissioner directed us last time to address. Ricky, i think these are pretty common. Maybe we can see if the commissioners have any question on at least on these. Are thesis the ones that the commissioner asked you to address. Its his last 2 points. Maybe if you can hit these. We made some improvements based on the feedback you gave us last time to the issue of Climate Change and the
Dow sinking 140 points, s p falling. 08 , nasdaq divi diving. 07 . Many want to point the finger at the collapse of onetime market darling amazon which declined more than 9 after a widely reviled Quarterly Report last night. Which then led to a route in tech, real pin action today that spilled over to the rest of the market. But you know what, i think thats too simplistic as there were multiple reasons of decline, everything from a healthy round of profit taking to a desire to get ahead of the sell in may crowd. Oh, man, and go away, remember that, theyll do that again next week. And more subsequently, real concerns about a war breaking out in ukraine. I think the latter more than anything else explain why todays selloff was so vicious. Why not ring the register ahead of a weekend that could be filled with unknowns. Normally i start off any game plan with a week that includes the nonfarm payroll report with the miranda warning that fridays Employment Data could have a huge impact on bo