Continuance for september 10, 2015, but i believe we discussed that to september 24th at this point. Any Public Comment on item the one item proposed for continuance not seeing Public Comment is closed. Commissioner richards move to continue item one to accepted 24 on that motion to continue item one to september 24th commissioner hillis commissioner johnson commissioner moore commissioner richards commissioner wu and commissioner president fong so moved, commissioners, that motion passes unanimously 6 to zero and places us under the consent calendar for items 2, 3 a and 3 b i do have one speaker cards for item 2 a mic a ma sell florlz we will is have to place it in others regular calendar. Items 2 and 3. Right for the San Francisco west side kriejdz Environmental Impact report okay. Well have to pull that off of content and put it on the regular calendar that pulls 3 a and b off consent we cant act until the Environmental Impact report is soundproofed. Okay. Thats outlook. Shall we pl
Conversation this doesnt cover one hundred percent of the impact thirty or 40 percent we need to get that number up higher i dont know how but as a policy getting 60 or 70 we try to leverage it but were trying to patch the money to mitigate the impacts but i mean its we have more of a shared responsibility especially from the upside of the vendors maybe to the Mayors Office as well to figure out how to do that the other one we also hear that projects dont pan out id like to have a developer and trust you come up and show me lets talk about the profit and the costs and lets talk about the costs of the unit show me and the public i think youll get a lot more people to trust you reilly youre putting a lot of our money on the line and our risking a lot theres uncertainty in the market id like to see what the project looks like and it will help the public out a lot i invite it if somebody is willing to do that in the future other one is you know, i sat in a i guess is it fair to say a meeti
Wanted residential ounl because mixed use sites introduce a degree of difficulty in the financing but we realized quickly we needed to change the rules to broaden the potential sites well be looking at sites that are less than 5 units and were looking at mixed use projects as well but still its not happening as fast as we hoped so were working with groups and several Nonprofit Developers we have one site in contract were analyzing were hoping we can close very quickly and we have multiple sites were analyzing right now so definitely not going as fast but were streamlining it. In a similar model where a nonprofit will acquire those. Its not the city acquiring it well be in partnership with a First Mortgage lender to get the fund. Is it think finding the Property Owners willing to sell. Its the combination because so frail the properties are really expensive as it turns out out there we hope to limit our per costs to two hundred and 50 thoughts that is similar to the new construction and
Busy and their capacity question is for them i know were working with them that the revisualization were trying to bring in Additional Resources to get the analysis done more quickly and it is also complicated we dont want to be subsidizing otherwise affluent peopleing in the sites we want to serve people in buildings that are below 80 percent of area medium income that restricts our sites theres a lot of moving parts and it is going slower than we like but we want to develop a program to make it an effective program. Thank you commissioner richards. Thank you very much im actually, the benefit of this presentation yesterday with commissioner johnson so weve received it i guess a few thoughts i appreciate the Mayors Office their creative i like what i see i like the immensity bonus i think the sized program is really good it could be quick and quicker it could be comparable if we got the target price up to 250 and above people come in and clear the building out with the tenants and som
Impact thirty or 40 percent we need to get that number up higher i dont know how but as a policy getting 60 or 70 we try to leverage it but were trying to patch the money to mitigate the impacts but i mean its we have more of a shared responsibility especially from the upside of the vendors maybe to the Mayors Office as well to figure out how to do that the other one we also hear that projects dont pan out id like to have a developer and trust you come up and show me lets talk about the profit and the costs and lets talk about the costs of the unit show me and the public i think youll get a lot more people to trust you reilly youre putting a lot of our money on the line and our risking a lot theres uncertainty in the market id like to see what the project looks like and it will help the public out a lot i invite it if somebody is willing to do that in the future other one is you know, i sat in a i guess is it fair to say a meeting last night on prop m with the presentation and we i was