Only the community of south beach and mission bay, but also new residents on site. The retail within the neighborhood will be small shops and affordable spaces and we have worked hard with neighbors who have lived around the site for many years to identify the needs that this neighborhood would like to see, including child care, coffee shops, small scale markets, production space, and other neighborhood serving uses. As with our comprehensive approach to the retail planning, we have also taken a holistic approach to addressing some of what we see as a citys most pressing needs here at mission rock. 40 of the homes will be affordable to low, moderate, and middle income families, including two and three bedroom units. 2 4 apartments will be permanently get aside for youths transitioning out of the foster care system, a model for integration into our citys community. Together with many city agencies, we have also established an Extraordinary Program for environmental sustainability, including site wide energy and Water Systems and a 20 reduction in single use automobile trips. The site will be raised to accommodate up to 66 inches of Sea Level Rise which the highest projection today for the year 2100. In addition, will pay special taxes into a port wide program for shoreline protection and stablization. 40 million will go towards transportation investments for the surrounding area. Finally, we are proud of our commitments to the local Economic Investment with 30 local hire, 20 lbe and hiring throughout. Were also generating 1 million to build city build capacity, half of which will go towards community organizations. Mission rock will create jobs for local residents and opportunities for San Francisco businesses all while delivering these important Public Benefits to the city as a whole. Before i turn if over to mark wholl touch on the ocii elements of the approval before you today, i would like to acknowledge and thank our incredible team. Over the last decade, hundreds of dedicated and talented individuals have committed their time and energies to shaping the vision that you see before you today. So a giant thank you to all the Mission Rockers who have made this possible. With that, on to mark. Good afternoon, president breed, supervisors. Project manager for mission bay. The item before you today is an amendment to the Mission Bay South very development plan. We are amending the plan to remove an 18foot strip of open space that is within the southern edge of seawall lot 337. This 3 10 of an acre parcel is p20. It is a map of Mission Bay South and the thin red line is where p20 is. Heres a zoomed up like. P20 is a port owned parcel. Back in 1988, when with the plan was originally designed, the intent of p20 was to be a buffer between Mission Bay Development and the ports then industrial uses on lot 337. Now that we have this great project going there, we no longer find the need for a buffer. So we are proposing this amendment. Back in september 14th, 2017, it was presented to the mission bay advisory committed. They recommended plan amendment for approval and adoption by the board of supervisors. On october 17th, 2017, the commission on Community Investment and infrastructure adopted resolution 402017 approving the amendment. On october 17th, the Commission Adopted resolution 39201 7 which was approving the report to the board. Oci, asks the board for consideration of this plan amendment. If theres any questions, i would be happy to answer them. Thank you so much. So seeing no questions at this time, madam president would ask to open up for Public Comment on this hearing. Okay. Are there any members of the public who would like to comment on this hearing . Public comment is now open. Just to be specific, we are having a hearing on mission rock, the project. If you would like to speak on the project, that is the next hearing. This is specifically on the amendment to the Mission Bay South redevelopment plan. Thank you. Good afternoon. My name is denise mccarthy, and i am a former Port Commissioner. I operated a cbo in San Francisco for many years, and im currently cochair of the Giants Community center. Excuse me. Community fund. I had a long history with the port in the past including waterfront Planning Issues as well as being on the commission when Key Developments such as the Ferry Building and the giants ballpark were developed. Today, the port has chosen the giants as a partner on the mission rock project. It envisions really something that we put together in the very early stages of waterfront planning. So i encourage you all to support the project. Thank you. Thank you. Next speaker. Tom gilbert. Im a neighborhood at South Beach Marina apartments. Thank you. Im going to go outside the line here because i believe this is for this little strip, this amendment. I said before that i was againsn probably in the city against the giant probably executive mostly because theres 900 units of market rate rentals, and a market rate rental is a cavity in the tooth of a healthy community. I said that about South Beach Marina. We need seniors, but seniors cant stay if they get a 600 rent increase. We have families that they want to have a child or two, and they can do that, but at market rate rents, you cannot. Below market rate theres 40 . I have to compliment the giants on doing that and raising it and doing all the nice things they are doing. But we have seniors that need places to get into from our city, and we cannot build it. We built a 90unit, 9story building on cesar chavez for seniors, and the response was we need 900 more. So we dont expect the giants and all the other big developments on the eastern block that are building bold new neighborhoods to observe all of it. They can start helping by taking whats on the ground in reality where we need transitioning housing. Im grad theyre doing that for the glad theyre doing that for the graduated foster kids, but we need help for the kids coming out of what do they call that when youre coming off the streets. Thank you. We need bigger help here. Thank you. Thank you. Next speaker. When i hear this, i get scared. You ask yourselves why i get scared. I used to live in mission rock with the pardon me. This is the mission bay. The mission rock is next. Are there any members of the public who would like to speak to this specific item . Public comment is now closed. This hearing has been held and is now filed. We will reconvene as the board of supervisors. Thank you. Supervisor kim. Thank you, madam president. I would like to move item 33 sorry we can take item 33. Oh, the house has changed. Madam clerk on item 33, please call the roll. [ roll call ] there are nine aye. It passes unanimously. Please call 34 through 36. Comprise the board of supervisors sitting as a committee as a whole. These items were scheduled and approved on november 30th and continued from january 23rd, 2018 for a public hearing to consider establishing project area i and project area i1 through i13 there in of infrastructure financing district number two and ordinance establishing project area i and sub project areas i1 through i13 of infrastructure financing district number 2 and to affirm the planning departments finding. Item 35 is the ordinance to establish the project area i and to affirm the planning departments determination and make the appropriate findings and item 36, the resolution to approve issuance of bonds in an amount not to exceed approximately 1. 3 million for the project area i. Also known as mission rock and sub project areas i1 through i13 of the city and county of San Franciscos infrastructure financing district number 2 to approve the indenture of trust and pledge agreement and other matters in connection therewith. Were sitting as a committee as a whole to discuss the project area 1 mission rock and the sub project area l1. I1. Thank you. I1 through i13 infrastructure financing discussion. Lets open up this hearing. I will turn it over to supervisor kim. Thank you, president breed. In the ten years that we have often engaged on the development of this project, the giants have brought home 3 championships, and we want to thank our team for making our city proud, but i really do view this as the fourth unofficial championship where the giants are truly bringing home an unpresident dented project. They are the first project sponsor ever to commit to 40 affordable and low Income Housing. Whats distinct about this project is their commitment to middle encloses housing, something we havent done to a great extent before. What i also appreciate about this project is that we are covering such a wide range of household incomes. Normally, in many of our Affordable Housing projects, we will build for one type of income, whether its working class or middle class housing. This will cover a broad range from ballpark workers to nurses and teachers. It was involved through a very i would say, a sophisticated tightrope dance that took place in negotiations over several weeks and over one very long night at the giants office where we were able to put something together that we all felt truly proud of and that would be able to welcome and keep many of our families and residents here in San Francisco. This is one of our largest Surplus Properties owned publicly by the city and county. For me in particular, it was important that we as a city also achieve a high rate of Affordable Housing on this project as well since were building on public land, we should absolutely be building them for our city as well. And this project not only includes high levels of affordable and i had inle Income Housing middle Income Housing. It includes a park and a commitment to ensure we have retail, manufacturing, and pdr that will create jobs but also serve the needs of our residents and i know ive talked about this several times at different hearings, add board committees. Many of our residents are frustrated that the mission bay neighborhood, while beautiful and new, often doesnt have the types of stores, restaurants, amenities that they see in other San Francisco neighborhoods. So we really appreciate the years of outreach the giants have been engaged in working with our mission bay residents to ensure that we are building a neighborhood that works for our residents and also helping to complete this completely new transformed neighborhood in San Francisco. I also want to thank the project sponsors for implementing a robust workforce Commitment Program to encourage local business participation and partnering with groups like sf and including a local higher participation level of 30 . For the vertical developers, meaning those that are going to be building up the projects, not the infrastructure, will also contribute 1 million to office of economic and Workforce Development to ensure parcel by parcel installments to support our Community Based organizations. Finally, i also want to acknowledge the project sponsor over the last couple months, in committing to us that they would be maximizing Residential Development on the site. 40 is great. But we want to make sure its 40 of as many Housing Units as possible, and in the original proposal, the residential parcels had a flex option of hotel. Through negotiations and discussions, the giants have agreed to move that hotel flex option off the residential parcel and move them to the commercial parcels where they will be Building Office and other types of spaces. So this just maximizes residential. As we move forward, because this project will happen in four phases because its a large project, we also hope that over the coming years that well be able to work with the port and the giants to ensure that the final phase, which is flex for commercial or residential builds as much Residential Housing as possible. We have huge crisis here not just in San Francisco but throughout our region. We need to make sure were not just building faces for more jobs but housing for our existing residents and new residents as well. I just wanted to take a moment to thank a number of people that helped bring this decade to fruition today at the board of supervisors and first, i want to start with our community. I want to recognize those that were, i think, in our 5 00 a. M. Session with the giants, the council of Community Housing organization, peter cohen and fernando, teresa imperial, ian lewis and mike casey of local 2 who brought the lollypop rings so we could have our own World Champion rings at the table and united educators of San Francisco and finally, shes no longer with us today but april from my office who spent quite a bit of time working on the negotiations and this deal. I also want to thank our residents that have been actively engaged in this process over the last ten years. The Central Waterfront advisory committee, the south beach rincon neighborhood association, and their chair, and the advisory committee, alice rogers, toby levine and of course i want to recognize the project sponsor, the San Francisco giants for really truly committing to a project that works for San Francisco. Their very mucher that lives in san in developer lives in San Francisco. Theyre going to see us every day. I think it really matters a lot to have developers that are committed to working through very Difficult Conversations to figure out how we can come up with a project that works for all of us. Of course, i want to also acknowledge the port and our director along with the office of economic Workforce Development, the planning department, the Mayors Office and the City Attorney. I will hand over the presentation to the port. I saw supervisor, before we move into the presentation, there are other members of the board that would like to make comments as well. Before we bring up the port to speak, we have members of the board that would like to make opening comments, and i know there will be a number of questions from Board Members about this project. But i do want to just acknowledge that the board knows, we have three more several more speakers. Theyre just here to be available for questions. They will not be presenting. I just wanted my colleagues to be aware of who is here because i know theres a number of questions around schools, child care, transportation, and so we want to make sure that folks know who is here to present and ask questions to. Thank you, supervisor. Colleagues, i just wanted to take this opportunity to reiterate a few comments i made in committee about this project. This project represents a significant opportunity to transform an under utilized portion of our waterfront into desperately needed housing, parks, and new job opportunities. Im excite to be a coresponse or and look forward to seeing this project completed. One of the components that im most excited about and why i coauthored the legislation is the amount of Affordable Housing and middle Income Housing thats being created. 40 of the units will be affordable, and they will be affordable to a wide range of income. This is exactly how we should be developing Affordable Housing in San Francisco. It will be for low and middle income residents earning up to possibly 150 ami. This range captures, as supervisor kim has stated, so many people. Im hoping as a result of this project, that many of the people who are members of local 2, who work at the ballpark, can actually qualify for the housing thats right next to the place that they work. So we have, along with our neighborhood preference legislation, along with the opportunities that will exist here for Affordable Housing of all income ranges, we are hopefully not just going to create a new opportunity for housing. Were going to make sure that residents of this city, people who are part of the workforce in this city and at the ballpark actually have a real opportunity of living close to where they work. Im excited about seeing that happen. Very few projects have been able to accomplish this affordability level, and i hope that this is an example of how we deal with Development Projects in the future moving forward in San Francisco. What a great opportunity. Its taken us a while to get to this point, and i just cant wait until we break ground and move this project forward. With that, i know that there are other members of the board who would like to make comments, and i will start with supervisor yee. Thank