All right. Ladies and gentlemen, good morning the meeting will come to order this the regularly the Budget Finance Committee excuse me board of supervisors budget finance subcommittee im supervisor cohen chair of this committee and to my left is supervisor katie tang and to my right is supervisor yee and our clerk mr. John carol and linda wong thank you jesse larson and phil jackson from sfgovtv so for assisting us today madam clerk, any announcements . Devices. Completed speaker cards and documents to be included should be submitted to the clerk. Items acted upon today will appear on the may 2 board of supervisors agenda unless otherwise stated. Thank you very much call the first item Revenue Bonds or commercial placing the total Principal Amount of San Francisco International Airport subordinate commercial paper notes for any lawful airport. Thank you id like at a call kathy from the airport to make a brief presentation on this item. Good morning chair cohen im kate hartley with the
Districts and then under state law the agencies had a period of time to pay that money. We did that. Then with dissolution, the funds that had been borrowed are to be, and have been, repaid to the housing successor. Even though we have significant housing obligations still, the general idea for most redevelopment agencies it should be wound down by now and not be doing [inaudible] is certainly not Affordable Housing. So the idea was that the housing successor to the Redevelopment Agency, which obtained all the housing assets in the outstanding loans and all that, would get this, this loan, if you will, to receive the payments from the successor agencies and then use it for Affordable Housing of the housing successor built. So the so the 2 million a years repayment for those prior loans thats now going to the city . Its going to ocd tobacco into their housing fund, Small Sites Program . It goes into a Fund Designated under state law as the Affordable Housing asset fund. Thats created by
All right. Good morning, everybody. Welcome to the budget and finance Committee Meeting for november 2016 i want to thank derrick and phil jackson and Nona Melkonian more covering the meeting im supervisor mark farrell and joined by supervisor tang and joined momentumly by supervisor yee mr. Clerk, any announcements . Completed speaker cards and documents to be included should be submitted to the clerk. Items acted upon today will appear on the tuesday november 15th board of supervisors agenda unless otherwise stated. No Board Meeting on november 8th. Thank you very much mr. Clerk item one. The sale of the revenue bond not to exceed 200 and 40 million for the purpose of providing financing for the acquisition and construction of a development of 200 and 99 family project for low income persons or households located on 1601 mariposa carlene street and 4 wisconsin we have the Mayors Office of housing to speak. From the Mayors Office of Economic Workforce Development im here to present a
Budget and finance Committee Meeting for november 2016 i want to thank derrick and phil jackson and Nona Melkonian more covering the meeting im supervisor mark farrell and joined by supervisor tang and joined momentumly by supervisor yee mr. Clerk, any announcements . Completed speaker cards and documents to be included should be submitted to the clerk. Items acted upon today will appear on the tuesday november 15th board of supervisors agenda unless otherwise stated. No Board Meeting on november 8th. Thank you very much mr. Clerk item one. The sale of the revenue bond not to exceed 200 and 40 million for the purpose of providing financing for the acquisition and construction of a development of 200 and 99 family project for low income persons or households located on 1601 mariposa carlene street and 4 wisconsin we have the Mayors Office of housing to speak. From the Mayors Office of Economic Workforce Development im here to present a resolution for moopz not requiring the repayment of
Chair. Thanks were adjourned leader. Advocate. All that. Paul, thank you so much for delivering a tremendous event we also have beautiful food from cater jr dean who provided the morning refreshments as well as our lunchtime food as well. May i also please enjoy the food and have shuttles to take you all up to see the project and enjoy the view up be good im todd rufo there and just see the economic and workforce tremendous results of everybodys hard work. For now, development for the city of san if i could invite those speakers and the folks in the francisco we are here today to front to join the underside we announce a new report detailing will head up there quickly to do a quick within cutting. Thank you. Thank you, everyone. The impact of the healthy [applause] retail [inaudible] design to strengthen Small Businesses and improve access to Healthy Foods in our community that need it [gavel] good morning. Welcome to the the most. We are here at blue market and i want to thank our hos