Obligation they have a Good Community partner. Number 210 inapt is committed to making a significant invest in the leasehold which will benefit of the port. Well we have seen that happen before and they are doing the same a 350,000 investment we consider that significant. They are taking an under utilized piece of the if you look at it, its an octogon so we have h i ask so eight sides and this they are taking the least used sign and put it in a new dinings and Beverage Service and so we think that is significant and there will be for that, then there is going to be generating roughly 350,000 of additional revenue to the port. So 350,000 investment and 350,000 potential return and no rent credit or rent abatement is being offend. So, number three, the benefits of the direct negotiations out weight the Competitive Bidding well we think there are significant Public Benefit to this so we are improving our visit Visitor Experience, we also have they are going to commit to keeping the public
Leasehold which will benefit of the port. Well we have seen that happen before and they are doing the same a 350,000 investment we consider that significant. They are taking an under utilized piece of the if you look at it, its an octogon so we have h i ask so eight sides and this they are taking the least used sign and put it in a new dinings and Beverage Service and so we think that is significant and there will be for that, then there is going to be generating roughly 350,000 of additional revenue to the port. So 350,000 investment and 350,000 potential return and no rent credit or rent abatement is being offend. So, number three, the benefits of the direct negotiations out weight the Competitive Bidding well we think there are significant Public Benefit to this so we are improving our visit Visitor Experience, we also have they are going to commit to keeping the public rest rooms even, and clean and supervised which, is essential to a positive Visitor Experience in the whof and so
Work for. Thank you. Thank you. applause . Winter and then ben weber. Good afternoon commissioners im here as a member of the inland boat mans you know just recently obtained seniority with blue and gold neat although i have worked with other companies all over the San Francisco bay, i primarily stay with blue and gold fleet because they have offered the most training, the most opportunity for work as well as great wages. I plan on staying there and growing with them the company. Im not im going to hopefully one day obtain my captains license, they are a Wonderful Company to work for and i again plan on staying with them. Thank you. Thank you. applause . Good afternoon commissioners i appreciate you take the toying ittime to listen to us from the blue and gold fret fleet and i have been with the fleet for seven years and have worked for all of the Ferry Services on the bay and blue and gold is the finest from the captainses to my fellow deck hands its a pleasure and an honor to go to w
And michael lat teen here hi. Stand up i cant see you. Hi did you bring me samples . [laughter]. Okay. Just on a final note and ill make it very brief. Bows stood out as a brand name the other restaurant but bows is something a little more special and so in ever area the proposal, the scoring the interview, they came out on top. My brother lives there and so i have already been hearing good things. Okay all in favor . Aye resident luxe 125 has been approved. Item ten a presentation and decide on the port of San Francisco blue green way project good answering commissioners david with planning and development and i am to take this opportunity to give the commission and the public an update on a variety of blue green way project and this is a project to complete the water trail from San Francisco Mission Creek on the north to the county line on the south its a project that has been led by the port but includes many region state and regional agencies currently we have seven project in the
Extension to make it a seven year term and so if this is approved they would have a seven year term to recoup the investment that they would like too make and we have site the port Retail Investment policy under your staffing report under which you can make an exception to the bidding retail leasing opportunities under the following conditions the tenants is in Good Standing so bow dean is [spelling . ] so they have consistently reporting their obligations in a timely manner and reporting all of their duties under the lead and there has been no issue with them in terms of least obligation they have a Good Community partner. Number 210 inapt is committed to making a significant invest in the leasehold which will benefit of the port. Well we have seen that happen before and they are doing the same a 350,000 investment we consider that significant. They are taking an under utilized piece of the if you look at it, its an octogon so we have h i ask so eight sides and this they are taking th