Risks and deliver a project that is as closed to budget and possible so we welcome their avoidance. The director of dpw was just appointed to our board. Thank you continue with our presentation. Sir, did you want to complete our slide presentation. The last slide is what i went through the completion of the funds. Thank you very much. Mr. Rich that concludes my presentation. So mr. Rich i have a question for your. How are we going to pay for the park the 37 million how again you dont know i dont have an answer today, i, tell you that the mayor is committed to making sure it happens the source in front of us is the mel ruse were going to find a different source. I guess the question is with the mel ruse how did this decision be made whether or not the park is paid for out of the mel ruse. I can tell you its an eligible cost theres nothing that needs to change in terms of the progress i think i need from someone else but in terms of the project we need that. Essentially supervisors its s
You that the mayor is committed to making sure it happens the source in front of us is the mel ruse were going to find a different source. I guess the question is with the mel ruse how did this decision be made whether or not the park is paid for out of the mel ruse. I can tell you its an eligible cost theres nothing that needs to change in terms of the progress i think i need from someone else but in terms of the project we need that. Essentially supervisors its similar to our annual progress we bring the agency to project the revenue and have the parks be part of the expenditure plan it will come before you as part of the Capital Budget. It will not that will have to be ultimately approved by the board. Through the Capital Budget right. Okay. Thank you. Supervisor kim i just had a quick question about the park again. I know one of the revenue idea that came up around private sponsoring i didnt have this chance to ask it but if the city has examples italianamerican im not sure this is
To making sure it happens the source in front of us is the mel ruse were going to find a different source. I guess the question is with the mel ruse how did this decision be made whether or not the park is paid for out of the mel ruse. I can tell you its an eligible cost theres nothing that needs to change in terms of the progress i think i need from someone else but in terms of the project we need that. Essentially supervisors its similar to our annual progress we bring the agency to project the revenue and have the parks be part of the expenditure plan it will come before you as part of the Capital Budget. It will not that will have to be ultimately approved by the board. Through the Capital Budget right. Okay. Thank you. Supervisor kim i just had a quick question about the park again. I know one of the revenue idea that came up around private sponsoring i didnt have this chance to ask it but if the city has examples italianamerican im not sure this is the best question for tjpa im n
Whats particularly telling the projects starting around the savings time same time as the General Hospital when the cost of were lower. What supported the General Hospital staying on time and under budget was the fact their bids are not or went out earlier and our bids have been detailed we cant cry over split milk but its best we have as many have our best thinkers in the room in terms of how we can reduce some the costs so theres a major concern we know well get phase one done but not at the expense of the terminal d t x. Sir. Certainly we agree, of course, on the importance of phase two as we move forward with ptosis phase two we have not creating a situation we cant move forward with that phase but some of the things in the pipeline well have to bid toward a future bridge tolls some of the funds for the mel ruse. I mentioned the property tax increment that is committed to the project that flows from 2005 to 2050 and although the redevelopment agencies have been developed thats cons
Okay. Thank you mr. Rich. Okay. Colleagues this is for the sending this to the full board well take that without objection. That will be the order. Madam clerk call items 5 and 6 together item number 5 is an ordnance for the implementation of the Visitacion Valley schlage lock special used district and item 6 is amending the controls of the Visitacion Valley schlage lock district. Okay 5 and 6 supervisor cohen would you like to make introductory remarks. Briefly the item were going hearing today is the incentive thats taking over about 13 years in fact, weve had 18 meetings discussing Design Principles to control to the benefits due to the did he miss of the Redevelopment Agency it took several years of Community Planning for this planning crossing process to conclude. However, while lets see you i just want to call out that i have a few technical items to number 6 the special use district those railroad requested if he Planning Commission and they include two points id like to read in