Five, truck five and battalion five, who by the way are still at work, reassigned to local stations. I just wanted to say thank you, great job and we look forward to cutting the ribbon as president breed said. Appreciate it. applause we all know no project happens without the partnership of the actual contractor. So were going to ask the contractor from alton construction to come up and say a few words. I will tell you, i have made quite a number of visits to the site during constructions and some of the beams and bolts are the largest and strongest i have seen in construction. Being built, i know this is not going anywhere. Welcome. Come say a few words. applause they dont usually let us talk at these things. Rolling the dice with that one. Im the Vice President of operations for alton construction. We are the general contractor on this project obviously. For the last 20 plus years we have operated almost exclusively in the public sector, schools, police stations and obviously fire st
Up with what is the percentage decline in the rent. Once we have the percentage decline in the rent, we multiply that to the total rent value, what we estimate, given the data, vendor which we used there to look at all the parcels around the city. And figure out what is the total what was the assumed per Square Footage for Residential Office retail and p. D. R. . I believe about, total citywide was i believe 107 million, office space not how many square foot, what did you value it per square foot for rent. Yeah, rent is, i believe, if my memory serves me right, about 67, 63 to 64 for the office space per square feet, and if i believe its for retail, about 30. And for p. D. R. , around 10. So, i can get you those numbers exact, thats the range we are talking about. And what was the assumed value for the market rate residential . Market rate, using an average of these based on the 700, average 749 square foot area, 800,000 per unit market unit. 800,000 rent, total across the city and the
Informationni inconr fivenini m toni startnrnrq . makingconko understand thaii this is coming and butni there could beni prop p j mumm 9m . Rni with t meeting obligations. For properties that are warehoused and 3. 5 increase, gross receipt increase for commercial rent. Ive highlighted different exemptions so if properties lets just say, retail sales and services, Small Business, and that section of the property would not be subject to the commercial rent increase. The other one is one that will be put on by the board of supervisors and that one is covering housing and homelessness in terms of the what the increase in Gross Revenue and that is projecting 1. 7 gross receipt increase for commercial rent. Again, that chart highlights what is subject to the commercial rent increase and what is exempt. So just want to highlight. That one does require a super majority. So and then at our next meeting, the march 12th meeting, you will be receiving presentation and ill be sending materials o
A congressman who called for the secretary to resign spoke with reporters after the hearing. [inaudible] the committee will come to order. Thank you all for being here to discuss the president s fiscal year 2019 budget submission for the department of Veterans Affairs. Holds 19. 8 6equest million billion. That is a huge number. It is even more striking when you compare the growth in the be a budget to the overall federal spending and the economy. It illustrates his point. Since 2006, the v. A. Budget is up 175 . Overall federal spending increased by 54 and gdp grew only 40 . Given the aggressive expansion of the a resources, i appreciate the secretarys testimony. The Department Must stay focused on the core mission to ensure resources are properly utilized and veterans care prioritize. The able take action on many important items in 2019. Some examples include the implementation of the forever the start of will be a costly and lengthy replacement of the v. A. s Electronic Health record
He defended a, trip he took to europe that was deemed a violation of Administration Ethics policies i the inspector general. It was announced that his chief of staff would be leaving her post as a result of the matter. This is two hours and 15 minutes. The committee will come to order. Good morning and thank you all for being here to discuss fiscal year 2019 budget submission. This fiscal years budget almost 190. 6 billion dollars in funding, an increase of nearly 12 billion over last year. That is a huge number. It is even more striking when you compare the growth to overall federal spending. Graph in the budget presentation that illustrates this point. Since 2006, but the a budget is up 175 while overall fiscal spending increased by 54 and gdp grew only 40 . Given the aggressive expansion, i appreciate the secretaries testimony emphasizing the departments core objectives and Foundational Services that support those objectives. The Department Must stay focused on their core mission to