Makes me more concerned about doing a full bid for such a longterm lease. Its not 10 or 15years, but a 66year lease. Thank you. Thank you. Supervisor wiener, any comments . Question for mr. Benson. I know you touched on this before, but if this were not solesourced, how would the process proceed . What would we see here . We have never done Something Like supervisor kim is suggesting. In the absence of any prospective tenant, normally for a Development Project like this, we would have a concept, say a hotel and entertainment use. Developed through the community process. Then we would do a request for qualifications and we would be looking for a Development Partner who has the experience and Financial Capacity to develop the site. And then we would go through a negotiation, where we establish fairmarket value for the sites, looking at comps and using apraisals and other similar mechanisms that are standard for a real estate negotiation. And then bring that through the public approval pr
We would do a 66year lease. That is what is allowed under the burton act and that would be a time that would be sufficient to amortization the amount of investment here. Right. So again, even makes me more concerned about doing a full bid for such a longterm lease. Its not 10 or 15years, but a 66year lease. Thank you. Thank you. Supervisor wiener, any comments . Question for mr. Benson. I know you touched on this before, but if this were not solesourced, how would the process proceed . What would we see here . We have never done Something Like supervisor kim is suggesting. In the absence of any prospective tenant, normally for a Development Project like this, we would have a concept, say a hotel and entertainment use. Developed through the community process. Then we would do a request for qualifications and we would be looking for a Development Partner who has the experience and Financial Capacity to develop the site. And then we would go through a negotiation, where we establish fairm
Standing at the back of that car when a 15yearold High School Sophomore was walking by. Police say the man didnt say a word. That he just reached out, grabbed her and tried to drag her away. It was just after 4 00 p. M. On a neighborhood street. Patricia richardson was getting ready for a nap when she heard the screams. I heard screaming, then she just said no then she screamed on top of her lungs, then i heard reporter this is loud. This is very loud. Reporter patricia heard the screams of a teen trying to escape what would be a kidnapper. Patricia called 911 and police arrive. She was able to fight him off. And quickly was able to separate herself from him and ran. Reporter the teenager was walking home from tennison high school about two miles away. Cynthia says that she often sees kids walking by her. Its not right to be scared of walking home from school at any time. Thats just not right. Were concerned this could be a repeat criminal thats out there. And were very concerned for a
And spain. The roadmap goes like this gm motors Ceo Mary Barra on the hill to answer questions surrounding the companys controversial ignition switch recall. The s p and nasdaq looking to start down the road to a sixth consecutive gain as we head into the Second Quarter. The current fivequarter winning streak last accomplished way back in 2007. Activist investor starboard redoubling charges that dardens planned spinoff of red lobster is designed to benefit management over shareholders. If you see something fast, Say Something fast. Fbi launching an investigation, actually, it has launched an investigation already. We only learned about it, that it is looking in to High Frequency trading. Interesting how many stories have bubbled up on this suddenly. If we can get mary barra to talk about it, well have a collision of worlds collide. Shell have enough on her plate. Oh, my, this is big. Gm Ceo Mary Barra will be on capitol, and the hearings will focus on why they took more than a decade t
Hello, welcome. It has just come 7 00 here in london. Warm welcome to the second hour. The deadline just expired. It was 10 a. M. Moscow time this morning. We are watching this developing story. Were waiting to see if we get any announcement anytime. In any event they effectively tapatened to turn off the to ukraine if they havent paid the 1. 9 5 billion to partially cover their debt and agreed to a gas price for future deliveries. Ukraine gets half its gas from russia. The e. U. Gets a third of its gas from russia, half of which rebels through ukraine. Travels through ukraine. A sixth of the e. U. Gas travels through ukraine. We have seen this before in 2006 and in 2009. In both cases they have disrupted gas supplies to western europe. Definitely something to watch. Thing is the two sides do have a little time to get through the summer. Its warm now so gas demand is lower. They have been stowing away gas. Ande is a lot of gas western europe. Ing from places like slovakia. The other th