Port revenue issuance in may of last year you saw and approved our financing plan that gave us access inform the plan and december of last year on the 12th you approved the issuance of bonds and several few minutes ago documents including the second vegetation of trust and gave our executive director authority to enter into the contracts. On february 11th this year i was here to look at the Financial Statements for our 5 year financial projection that are included in the preliminary official statement. So today were asking you to approve the preliminary statement and authorize the document to potential investors and to approve the certificate. The preliminary official statement is a document to really let investors know what could go wrong with the port of San Francisco and explain our Capital Strategies and risk factors its required by the security and Exchange Commission it must be accurate and complete so well make it up to the date of publication. The continuing certificate is an a
Of bonds and several few minutes ago documents including the second vegetation of trust and gave our executive director authority to enter into the contracts. On february 11th this year i was here to look at the Financial Statements for our 5 year financial projection that are included in the preliminary official statement. So today were asking you to approve the preliminary statement and authorize the document to potential investors and to approve the certificate. The preliminary official statement is a document to really let investors know what could go wrong with the port of San Francisco and explain our Capital Strategies and risk factors its required by the security and Exchange Commission it must be accurate and complete so well make it up to the date of publication. The continuing certificate is an agreement we make to provide key Financial Information annually. For the life of the bonds and youll see in attachment two the form of the disclosure it includes the po s and which ta
With the brief overview and reminder if youre not familiar with the Planning Efforts theyve been underway for a year now it gives us context to those precise projects im going to be talking about. The planning area is extending along the bay area waterfront of the city from fort mason to exempting point in the planning analysis were take into account all of the development that has been anticipated through 20040 and in addition to that, the Development Im sure our familiar with are underway and those werent initially anticipated in a lot of the planning and Transportation Planning so were taking a step back. We see this as an opportunity to increase take a Strategic Planning development that will result in identification and elevation and prioritization to support the future of the transportation. Im going to go over 4 steps of phase one of the waterfront. Phase one began in late 2012. And we initiated the process by reviewing a multitude of policies. With that, we were able to focus o
Fiscal officer while i had to be away and they both jumped into my shoes and filled them well, i must say and john spent a lot of evenings and weekends so thank you, john. Also here is the rest of the finance team who all collaborated on this and the bond team shawn from hawkins our disclosure council and bob and christen from t s m our Financial Advisors thank you and week. I mentioned the team just to make the Port Commission feel secure we have a complete team reviewing our Financial Statement from our disclosure and bond council and co bond council ship and harden the sdpoofz and our underwriters and steve serving as co underwriter. So the commissioners are familiar with the plan for 2014 port revenue issuance in may of last year you saw and approved our financing plan that gave us access inform the plan and december of last year on the 12th you approved the issuance of bonds and several few minutes ago documents including the second vegetation of trust and gave our executive direc
Second. All in favor, say i. I. Any opposed. Public comment . Seeing none. All in favor, say i. I. Opposed . Content item item 11 a requests the approval of the preliminary statement relating inform the bond and 30 years its relationship to the Revenue Bonds. Good afternoon. Commissioner president katz elaine support staff were near the final leg of revenue bond issuance for 2014. Before i start, i want to say a special thanks to the executive director to monique and john our fiscal officer while i had to be away and they both jumped into my shoes and filled them well, i must say and john spent a lot of evenings and weekends so thank you, john. Also here is the rest of the finance team who all collaborated on this and the bond team shawn from hawkins our disclosure council and bob and christen from t s m our Financial Advisors thank you and week. I mentioned the team just to make the Port Commission feel secure we have a complete team reviewing our Financial Statement from our disclosu