To my heart to mr. Spencers heart you can understand from the family issue that price was that important also to mrs. Spencer once we got the price in although the other data showed it could be appropriate in this case, the ownership agreed to renegotiate we reopened that question the number before you ask a reflection my desire was to go lower so our leverage is somewhat limited again due to Market Forces there were not other Market Opportunities in the marketplace logically give consideration to in the budget Analyst Report we had own one Million Dollars in the investigation of this site and the sequa approval that cites specific the value that is lost if we move to another site compound that with potential time issues if we have to pursue another site and get the sequa proposals and now the cost running 5 to 10 percent given the project cost of 0 over one hundred Million Dollars thats a hefty amount when i weigh all those factors and the Market Dynamics i think well these not far fr
Out. At the end of january well have to look for other source of fund in order to continue to lease that. Okay why not move into Public Comment anybody wish to comment on item 8 . Okay Public Comment is closed. Colleagues any further discussion at this point let me just ill make one comment i this is a tough one from high prospective i appreciate mr. Roses analyze it is tough to shallow ive seen the recent real estate and things get out of hand and i astronomical costs while the portfolios or whatever were doing as a city were in the market as well as everyone else and the general difference i want to show to our department so i agree with mr. Roses analysis but i struggle i know what is market is out there we a run of risk of losing this property and i think thats a tough question i think that the geobond issue is real from my prospective but id like to hear my colleagues. I appreciate mr. Updykes and mr. Rose pointing out that large disparity between the appraisal and the price were
Of the opera how we can use those colors into the language of today. So one of the great things of the stories of opera and story combined with opera music it allows people to let go and be entertained and enjoy the music instead of putting on headphones. Thats what is great about art sometimes everyone loves it because you have to, you know really great you have to have both some people dont like it and some people do were concerned about that. Its about thirty something out there thats risky. You know disliked by someone torn apart and thats the whole point of what were drying to do you never take this for granted you make sure it is the best if you can. Good afternoon everybody. Welcome to the San Francisco board of supervisors meeting for january 13, 2015. Madam clerk can you please call the roll. Yes madam president. Supervisor avalos. Avalos absent. President breed. Here. Breed present. Supervisor campos. Present. Supervisor christensen. inaudible . Present. Supervisor cohen. Her
Proposals and now the cost running 5 to 10 percent given the project cost of 0 over one hundred Million Dollars thats a hefty amount when i weigh all those factors and the Market Dynamics i think well these not far from the property that suggests this is a fair prissy hope that helps give a little bit of context. Thank you, mr. Updyke. Supervisor mar. Thank you, mr. Updyke and our appraisal and your budget Analyst Report your responses to the cb r report are helpful but a wide gap of 4. 5 million from the cb r e appraisal from 14 million plus and option 2 to go back and see if you could get closer to what the appraisal was but look at the comparable the different comparable sales you think are relevant to the and i prevail that would be my hope i have a dw question about Eminent Domain since its brought up how is fair market value how would you determine that i dont know the process. Im happy to give some context on that im sure john gibner, deputy City Attorney will share information
People enjoyed the success by making 7,000 Job Opportunities this past year available to them, and it bears repeating thanks to our improving economy sound policies that are fiscal prudence that i asked for no cuts from the citys departments for the first time in years from our budget, but that doesnt mean were satisfied and i have charged our departments to do more for more of our residents, provide more efficient and responsive City Services and prepare for a growing city, and while we have accomplished a lot to date clearly we have to do more to keep San Francisco affordable, support our working families, and to make sure that all of our young people all of them get the best education possible, and the best opportunities they need to succeed and support them in this 21st century economy so i am looking forward to working with all of you to accomplish this, and more in 2015 as we tackle more of the challenges that our city faces and keep it affordable, and i look forward to formally