For the high speed rail and the 16th street theres been work from the tjpa pled on the analysis and the opportunity to remove that barrier in the future. Some of the other barriers are the railway areas. The goals are simple they are to determine the best methods of the construction and coordinate the improvement 69 upper environmentalist and increase job growth needs and potential revenue sources. I want to state up front its not to do work thats completed but to assess the continued validate and in moving on to understand and built the net infrastructure. To step back a bit theres been a lot of work completed in this area and no one, you know, is going to think otherwise we have the high speed rail and the caltrain and other plans that have been done throughout the see. I can will see see the area and understand it as a whole is imperfect to plan and not react after the fact. So what does the proposed projectile set out to complete. This is t this is the first time well try to study
Promised to the residents particularly our residents in the south of market their geng including the Expensive Office uses in the history. This up zoning means the profits and Property Values and it means benefits for our citys residents. I wanted to make a few statements about what was presented by i want to make a motion for technical amendments to our 3 items here today first for the resolution of necessity to occur the bond depthness i want to make an amendment to recognize it was open and continued on september 2nd at ts and the director will be responsible for the bond measure and the resolution calling for the amendment introduced to do board for two reasons to attach the manual that comes with a description in the manner of which lecture fore will be calculated and to to appoint the director of elections to conduct the elections also to make a motion to make a series of amendments formation it is a series amendment i hope i can go through the technical amendments thank you, sup
Presented earlier we estimated that the project will get 806 million in Construction Fund with the proposal that ken alluded to the estimation to e extension to thirty years allows us to change the bond terms from 31 to thirty years and collect the special tax weve tried to make sure that the project is made whole at least in the first 5 years to deliver it on the comments that some of the landscape and open space expertise plan that was outlined in the Transit Center district plan by doing that were able to reach approximately the 8 hundred and of Million Dollars promoted for are the project and take a look at the proceeds the money get us to the 8 hundred and of Million Dollars that is needed understanding that the estimates and those are assumptions they could change as the Development Moves along. Supervisor kim. Thank you president chiu. First of all, i want to say im really mrldz were moving forward with the resolution to form the transbay Transit Center Community Facility and th
That the project will get 806 million in Construction Fund with the proposal that ken alluded to the estimation to e extension to thirty years allows us to change the bond terms from 31 to thirty years and collect the special tax weve tried to make sure that the project is made whole at least in the first 5 years to deliver it on the comments that some of the landscape and open space expertise plan that was outlined in the Transit Center district plan by doing that were able to reach approximately the 8 hundred and of Million Dollars promoted for are the project and take a look at the proceeds the money get us to the 8 hundred and of Million Dollars that is needed understanding that the estimates and those are assumptions they could change as the Development Moves along. Supervisor kim. Thank you president chiu. First of all, i want to say im really mrldz were moving forward with the resolution to form the transbay Transit Center Community Facility and that the city will be securing th