That was my exact testimony. It will take a big idea with lots of benefits. As i was listening to ms. Mathiss presentation, i was thinking this will Hurt Partners in oakland. It is challenging for all of us, but one im hoping we can take advantage of of the waterfront and keep this as economically viable as possible. Those are the thoughts. Im happy to take questions if you have them. Thank you. Supervisor kim, did you have a question . Thank you. Why dont we go to the budget analyst report. Mr. Rose. If i can ask you to go to the poem. Madam chair, members of the committee, we have a conclusion and report on page 18 where we state the proposed development appears 3032 and seawall lot 10, including rehabilitation of the property at pier 30, 32, multipurpose arena for Golden State Warrior games and events. Public open space. Maritime use, retail and related parking. Development on seawall lot 330 of Residential Hotel and retail use and accessory parking. We provide estimated fiscal impa
There are other parties representative, we can do that. Ms. Moyer. Thank you. Good afternoon, supervisors. Thank you for allowing me to have a few minutes to speak. There is a broad group waiting a long time. Im anxious to hear from them as well. I dont have a lot i want to share. I think it is instrmental to look at appears 30 and 32 for a second. They were built as two separate piers in 1914. They will mark 100 next year. They were joined in 1952 when we moved from rail to trucking. This was filled in in 1914 to provide a rail yard to support piers 30, 32, 26 and 28. That is where the city had the sugar import section. We were a big importer of sugar. Those were envisioned and pioneered to be built with reinforced concrete to make them fireproof. Ironically in 1984 the buildings on top of the piers burnt down but pier itself survived. In 1987 there was a proposal for development on 30, 32. By my count this is the sixth proposal to do some sort of Significant Development on peers 30 a
That debt. That is something we will discuss with director of Public Finance and others who work on finance in the city. I think jennifer has talked a lot about the project financing that we will address through the pro forma analysis and discuss what the city is obliged to repay and community benefits. How specifically is city through the term sheet with warriors establishing a way to pay for police, neighborhood cleanup and additional transit service. Those have to be answered in the term sheet. After the term sheet is approved, it would be endorsed by the Port Commission and board of supervisors. It is nonbinding, reflects intention of parties headed into Environmental Review. During the period of Environmental Review city staff would negotiate a more detailed set of transaction documents governing the sale of seawall lot 30 and longterm lease of piers 3032 and those would be subject to both Port Commission approval and board of supervisors approval. That is expected in early 2014.
Behind me is relatively calm but the weather has been changing by the minute. Overall in the past 24 hours we have witnessed steady violent, torrential downpour spread are forecasters of said that most of the damage of the storm will not come from wins but from the consistent rain and flooding. In our reporting we have seen just that. The National Weather service has issued a fresh Flash Flood Warning and also a tornado warning. Our phones have been going off the hook with all the tornado headings that hit your phone. We have seen 9 inches of rain just outside of houston and the National Weather service is saying anymore between 15 and 25 more inches of rain could fall. As you sit here in see the constant rain and we have a little break right now and youre saying to yourself this rain has to be going somewhere and with more steady days of rain in the forecast it seems like the flooding will just get worse. We talk about dirty water and the risk of disease and animals in the water and t
Behind me is relatively calm but the weather has been changing by the minute. Overall in the past 24 hours we have witnessed steady violent, torrential downpour spread are forecasters of said that most of the damage of the storm will not come from wins but from the consistent rain and flooding. In our reporting we have seen just that. The National Weather service has issued a fresh Flash Flood Warning and also a tornado warning. Our phones have been going off the hook with all the tornado headings that hit your phone. We have seen 9 inches of rain just outside of houston and the National Weather service is saying anymore between 15 and 25 more inches of rain could fall. As you sit here in see the constant rain and we have a little break right now and youre saying to yourself this rain has to be going somewhere and with more steady days of rain in the forecast it seems like the flooding will just get worse. We talk about dirty water and the risk of disease and animals in the water and t