Which is to develop Affordable Housing open the site and use the fundraising for that to help with pier 70 pr since then, the port and office staff have been moving forward with the direction in the legislation. Im going to briefly go into the proposed terms of the mo u. Its for 3 year period with 12month extension. The 12month expectation is subject to the approval of the director for the port as well as the director for the Housing Office. The lease structure is for 75 years. On the condition that we will be ref job tax credits. The mo u equally include the developer will be paying for the cost of the development so it covers construction and predevelopment and financing for the Affordable Housing. However, the port would be paying for the parking garage component as the parking garage is supposed to get done. The project approval itself the terms of the mo u the project itself is subject to public review and clearance and super clearance. Prior to designating is the process to the H
Thank you all for coming. I want to thank our panelists for what is going to be a very important hearing. The rules will be that i will make some opening remarks, senator burr, the Ranking Member will make opening remarks, members will have three minutes, and i will keep people to three minutes because it will be a long hearing it, and that we will go to secretary shinseki, and the undersecretary. Excellent second panel and a very good third panel as well. It will be a long hearing, and we will get through it. Let me begin by just making a few basic points. Serious allegations have v. A. Personnelt in phoenix and other locations. I take these allegations seriously, as i know every member of the committee does, which is why i have supported an thependent investigation of v. A. Inspector general, and they are in phoenix doing a thorough investigation, and my hope is the report will be done as soon as possible. What i have stated and i will repeat right now, is that as soon as that report
Chairman, for holding this hearing. I certainly echoed the concerns of my colleagues and the need for structural and systemwide changes. Healthcare system is a promise that we made to americas veterans that we will take care of them in return for their service and sacrifice. The close to 10 million veterans that access care through the v. A. Systems need to trust that they are receiving high quality care when they need it, and i do note that 10 million veterans signed up for the healthcare huge here that is greater than the population of a number of states, including the state of hawaii. When we fail to provide proper care for our veterans, we not only fail them, but their families as well, and these families have also sacrifice for our nations security, and provide essential care and support for our veterans. While the immediate focus might be on the phoenix case and similar allegations regarding a hospitals,ther v. A. It is important to see what is happening systematically at the v.
To do so. Though i still may have preferred to make a portion of the draft more neutral, what we are voting on today asks about a number of alternatives which will allow for a wellrounded record to develop on how best to protect the public interest. Second, today, we are voting only on proposed rules, not final rules. This item is an official call inviting interested parties comment to discuss pros and cons of various approaches and to have a robust dialogue about the best path forward. When the chairman hits the gavel after the vote is cast on this item this morning, it will signal a start of 120 unique days of opportunity, each of you have, in shaping and influencing direction of one of the worlds most incredible platforms. The feedback up to now has been nothing short of astounding. But the real calls to action begin after this vote is taken. Comments are due on july 15, and theres ample time to evaluate any of the proposals and provide meaningful feedback. You have spoken, and i am
Developments and all layer on top of that and when were able to weather the sessions the perimeters allows us to do that. So when we determine the rates for the given fiscal year we go through the method doing we include my tractions on port property and we voluntary 0 layer in certainly my condition on the port facility that might make it epilepsy our typical market condition and finally we look at affordability and ill dive into that certainly we want to maximize we want to balance vacancy periods so if something is vacant now if i try to maximize the rates it might mean i dont lease it up in 3 months but 6 months were trying to balance the rate not per square feet but applies to existing places to the tenant those Small Businesses when their lease expires thats the perimeter were setting to make sure that the rate maximizes our fund so those are the things we balance. Those first pieces are more complicated because its tough to compare port to private sector protein im going to walk