Theres more personal conveniences being afforded to the market rate side of thing through the chair. Commissioner, i think part of the issue theres a share of costs between the market rate developer and the affordable later developer if i reduce all the parking to reduce the percentage the the affordable has to cover from the reduction in the a m i mike why dont you add to that as elizabeth mention we have a set of controls that specify the maximum of one parking space per unit. This project is you can by far the lowest the market rate projects of the all projects like thirty percent i know parked for the market rate project. So, i mean the simplest answer theyre expecting the market rate to rely on bike parking and things like that. For a market rate project like this you have fairly expensive units there are some may or may not benefits to having Parking Spaces so when we discovered the affordable project needs a break the market rate developer sort of built those Parking Spaces that
Assembly bill in g of your binders and i will go over what those are. Really the key changes for us was to allow an expenditure beyond a roth period. If a lender requires that that cash be on hand. As typical all the Affordable Housing project not only are they able for a contract ual ordinance and what the tax requires is all the money in hand and not extend to a 6month period an pursuant to a contract. Its spent out over time over the life of the construction project. So this was a common sense change that we had been working with our department of finance representative for the last five roth cycles and we were please today see that this common sense changed was enacted in law to provide a stream line operations because we have different analyst, different folk coming in and out because if we have a law rather than common sense it gives us comfort, the Community Development department comfort. The other thing at the beginning of the roth period we may not have an invoice at the very
Ycb has been charged with a role and outreach with recounty reconnection with this place and county workers and the return of construction workers and there are resources set add for burial removal and other things of that nature. Thank you. Any other questions . Yes, on the administrative side of it when you said that the mou would support one fte, my reaction was is that enough . Well, we have two additional positions employment liasons which we have been recently where positions will be funded through the on going obligations for the Mission Bay Development group. We do receive some resources through them for these employment liasons. In our office because we do provide these work force compliant for Construction Projects citywide, there is an economy of scale so we are currently staffing these positions without the benefit of additional resources. We are challenged in that and our office really appreciates the commitment from ocie to see this through. Okay. Great, thank you. Obviou