Clerk mr. President , all members are president. President yee thank you. Would you please join me in the pledge of allegiance. [pledge of allegiance] president yee on behalf of the board, i would like to acknowledge the staff sfgov tv, Colina Mendoza and jim smith who record each of our meetings and make the transcripts available to the public online. Madam clerk, are there any communications . Clerk i have none to report, mr. President. President yee okay. So can we please call madam clerk, can we please call the Consent Agenda . Clerk items 1 through 6 are on consent and considered to be routine. If requested, an item can be removed and heard separately. President yee colleagues, would anyone like to remove any items from the Consent Agenda . Seeing none, on items 1 through 6, madam clerk, please call the roll. [roll call] clerk there are 11 ayes. President yee okay. Then without objections, these filings pass unanimously. [gavel]. President yee madam clerk, lets go to our regular a
The nonpermitted use, and the recommendation would be without affecting whether or not that use was permitted, if you did have a lease commitment for a certain type of nonpermitted use that would exempt you for the tax. An example. There is flexible retail permitted in the southern half of the city and less so in other parts of the city. A conditional use will not permit that in many areas of the city. If a Property Owner of the vacant unit had a lease commitment, however, that deserves to exempt them from the tax. It shows they are trying to find a tenant and are on the ball. Whether or not the city wanted to grant a variance as needed is an entirely separate issue. To conclude the main part of the report is the problem ofvay cant store vacant storefronts is not divorced from the general issue of declining retail trade in San Francisco during a period of very strong Economic Growth in the city. It is possible to design this tax in a way that is positive and possible to design a tax in
Clerk mr. President , all members are president. President yee thank you. Would you please join me in the pledge of allegiance. [pledge of allegiance] president yee on behalf of the board, i would like to acknowledge the staff sfgov tv, Colina Mendoza and jim smith who record each of our meetings and make the transcripts available to the public online. Madam clerk, are there any communications . Clerk i have none to report, mr. President. President yee okay. So can we please call madam clerk, can we please call the Consent Agenda . Clerk items 1 through 6 are on consent and considered to be routine. If requested, an item can be removed and heard separately. President yee colleagues, would anyone like to remove any items from the Consent Agenda . Seeing none, on items 1 through 6, madam clerk, please call the roll. [roll call] clerk there are 11 ayes. President yee okay. Then without objections, these filings pass unanimously. [gavel]. President yee madam clerk, lets go to our regular a
Second is Revenue Bonds not to exceed 87 million to provide Construction Financing for the residential project. The hearing was held in june of this year. The bond allocation was approved october 16th and to note this financing is conduit and does not require the city to pledge repayment of the bonds. Third resolution requests approval of amended restated grant to provide 13. 4 million to finance construction of the city owned and operated Homeless Services center to the mercy affiliate developing that project. Of the financing structure to maximize noncity resources to support the homeless center. It covers a portion of the funds needed to build and leveraging tax credit for its portion of the shell costs. To review the timeline. Today we are before you to request approvals. The construction contract will be final later this month. We requested h. H. S. Transfer in december and we would Close Construction and bond financing and Start Construction in january 2020. Once the board approv
Recession or not a property cannot find the tenant that is allowable even with conditional use but could find a tenant in the nonpermitted use, and the recommendation would be without affecting whether or not that use was permitted, if you did have a lease commitment for a certain type of nonpermitted use that would exempt you for the tax. An example. There is flexible retail permitted in the southern half of the city and less so in other parts of the city. A conditional use will not permit that in many areas of the city. If a Property Owner of the vacant unit had a lease commitment, however, that deserves to exempt them from the tax. It shows they are trying to find a tenant and are on the ball. Whether or not the city wanted to grant a variance as needed is an entirely separate issue. To conclude the main part of the report is the problem ofvay cant store vacant storefronts is not divorced from the general issue of declining retail trade in San Francisco during a period of very stron