Er conference with Legal Counsel regarding existing litigation matter, and conference with Legal Counsel and Real Property negotiator. Executive session. Seconds. Er all in favor, say aye. Er oppose . Ed madam secretary . Pledge of allegiance. pledge of allegiance . I pledge allegiance to the flag of the United States of america and to the republic for which it stands one nation under god, indivisible, with liberty and justice for all. Please be advised the the use of cell phones and Electronic Devices are prohibited at this meeting, please be advised the chair may remove the order of the person any person of the ridging of, pager or sound electronic device, please remember that a member of the public have up to three minutes unless the Committee Adopts the shooter period. Is there any public items on any items not listed on the agenda . Going once, going twice, Public Comment is closed. Next item . 9a, executive directors report. Good afternoon, president adams, vicepresident brandon,
And the staff is here for sequesters but first, well give you an overview of the property tax draw were estimating in the 20152016 a period just as i go through weve had a couple of updates so ill call those out as we go through them as an interim process putting the rock together weve got new things and updated numbers in general our p t f request is 15 million a small amount for the shipyard for the taken into consideration tax complements in mission bay and the transbay to the Transbay Joint Powers Authority and some small amazements for the consulting and the biggest item is the Housing Program in transbay moving forward with block 8 requires a significant r t p f request it is weve been uc to funding our Housing Program but now reached the point weve been drawing on the property tax to fund our Housing Program ill start with the shipyard in an overview as you recall the majority of work program in the shipyard is fund by our master developer and we do have activities funded by the
Heavy to pass around or the okay. Please call the next item. The in connection the next order of business is 5 f workshop on the recognized obligation payment schedule for jill first 2014 to july 31st, 2015, and 20152016 a related to the major approved projects and Affordable Housing discussion madam director. Thank you, madam secretary commissioners we have a requirement under state dissolution law to submittal a socalled rocks or recognized obligation payment scheduled which has to list every single payment were going to make over the next 6 months the governor proposed as part of the budget annuity to streamline that to make that submittal from twice a year so two halves of the fiscal year to once a year no legislation has passed but in the meantime were continuing on weve done this for the 6 rocks in which really in essence a productive so with that id like to ask leo levenson to start the presentation and hell be joined by director sally worth as well. Thank you director bohe and
And the staff is here for sequesters but first, well give you an overview of the property tax draw were estimating in the 20152016 a period just as i go through weve had a couple of updates so ill call those out as we go through them as an interim process putting the rock together weve got new things and updated numbers in general our p t f request is 15 million a small amount for the shipyard for the taken into consideration tax complements in mission bay and the transbay to the Transbay Joint Powers Authority and some small amazements for the consulting and the biggest item is the Housing Program in transbay moving forward with block 8 requires a significant r t p f request it is weve been uc to funding our Housing Program but now reached the point weve been drawing on the property tax to fund our Housing Program ill start with the shipyard in an overview as you recall the majority of work program in the shipyard is fund by our master developer and we do have activities funded by the
Just as i go through weve had a couple of updates so ill call those out as we go through them as an interim process putting the rock together weve got new things and updated numbers in general our p t f request is 15 million a small amount for the shipyard for the taken into consideration tax complements in mission bay and the transbay to the Transbay Joint Powers Authority and some small amazements for the consulting and the biggest item is the Housing Program in transbay moving forward with block 8 requires a significant r t p f request it is weve been uc to funding our Housing Program but now reached the point weve been drawing on the property tax to fund our Housing Program ill start with the shipyard in an overview as you recall the majority of work program in the shipyard is fund by our master developer and we do have activities funded by the state and federal and property tax casts costs but in general were continuing the budget year were going to continue next year to transfer