Great sunny of a lot of great departments and so thats why you have to appreciate it and im not going to give a speech bay its going to be 8 stories, Family Apartments and 3 of one bedrooms and 5, 3 bedrooms and it it is sewer passing blah, blah and, of course, theyll be providing a lot of special services. But we want to thank the project team. Carl are you here . Chuck and mike and john and casey and by the way, where is chuck. Did chuck make it . calling names tony, steven and also castro construction manager the construction manager put your fists in the air ive got pour. We want to thank the Consulting Team allen are, of course, hes here and applied partnership and Charles Associates and they told me to go this faster. Martin raul and associations and linda hicks and the design jerseys tip i didnt and tommy mary and associates lets give them all a hand human resources, of course, i not be in trouble if i didnt introduce the board. calling names gordon . Are you in the house. Lets
Seeing be placed in the budget is, in fact, prepared so that when they bring it back to you in january, it will be close to being complete. That concludes my presentation. Im available for questions. Thank you, ms. Covy. Supervisors, any questions . Yes, please. Thank you for the presentation and your work on the guidelines for the clerks budget. A question about premium pay. Could you go into a little deeper describing what that is . What are the changes that youre proposing, what is currently the status of premium pay for yes, specifically, if were talking about the legislative premium pay for longevity, the legislative aide is working for the same supervisor for a period of four years and the fifth year they are working at the top step and they are entitled to an additional percentage based upon the mou for retention and any special skill the supervisor may feel that they have. The bilingual premium pay, i understand that it is the supervisor who is working with the legislative staf
Like to note is the salary and benefit adjustment. This was approved by the board in may of 2013. Thats what approval from the study that was recently produced. In the last one of the last items is expenditure is the equipment, furniture, and fixture and i asked the committee it implements a new accounting system. Were looking at a one time adjustment for this fiscal year for 4,000 and were looking to go live within the next six months. Because of this one time project, we need to adjust the 20 prop k, 2013 strategic baseline which allows tax proceeds to go toward administration, programming, planning and project delivery oversight to support the prop k program because the system will need to adjust this to 6. 7 percent for this fiscal year. And last but not least, we have in other finances resources because of the large amount of expenditures we dont anticipate, theres no need for the 470 million issuance the bond and were able to afford to start paying down our 115 million outstandin
Proposals for this site to be Affordable Housing. It took 4 years sirng since we were selected as verbatim or developers to get the 49 total. It took 3 different project managers and two different executive directors but im proud to say i promise you this project will be built under one mayor under mayor ed lee. So it takes a lot of people to make a project like this but im supposed to announce the lenders because its the money that makes agree project successful. Okay. So we have from the Mayors Office of housing calling names please stand up yeah. From sf mathematical we have john hes here. Thank you, john. From the San Francisco human agency their providing the Important Service grant to provide Sober Services calling names clapping from entity partnerships raymond and kevin. Kevin from Silicon Valley bank we have rebecca. From the California Department of Housing Community and development they cant afford to bring people here from San Francisco. The bank for housing affordable gran
Foundations to building a new one weve come to. From the opportunity to build new homes we have come to bless broadway. For the wonderful partnership, the project team and all of the construction workers we have come to bless broadway. And now may the spirit of peace and joy and all who have stepped foot on this corner that god has created its going to be a Wonderful Community called Broadway Samson may i get an amen . Okay. Its time for the pictures. May i get an amen . Okay. Its time for the pictures thank you all for coming today. What is today. Its may 19, third thursdays we always do a Department Building inspection. Brown bag. Subjects brought up by you and people that come and that we think we can help provide the information. Today we are doing some thin weve done twice before. Learning the history of your building. Its a popular topic in terms of doing something in a building in San Francisco as far as adding a unit or selling your building thats useful to know when the buildi