Sound producing Electronic Devices during the meeting. Please be advised that the ringing of and use of cell phones, pagers and similar soundproducing Electronic Devices are prohibited at this meeting. Please be advised that the chair may order the removal from the meeting room of any person s responsible for the ringing of or use of a cell phone, pager, or other similar soundproducing electronic device. A member of the public has three minutes to make pertinent Public Comments on each item unless the Commission Adopts a shorter time frame on any item. Strongly recommended that members of the public who wish to address the commission fill out a speaker card and submit a card to the commission secretary. No reportable actions. The next order of business is item four, matters of unfinished business. There are no matters of unfinished business. The next order of business is item five, matters of new business consisting of consent and regular agenda. Approval of minutes from the regular meeting of july 16, and august 6, 2019. Do we have any speaker cards . No for this item. Closed Public Comment. Hello commissioners, do we have any comments or edits to the minutes . No. Of july 16, and august 6 . No. May i have a motion . Yes, i move that the minutes be accepted. The motion has been made by commissioner scott seconded by president bustos. [role call] the Consent Agenda is adopted. Madam secretary can you call the next item. The next order of business is regular agenda item 5b. Authorizing a fourth grant disbursement agreement with the Mexican Museum, a california nonprofit corporation, and 706 Mission Street co llc, a Delaware Limited Liability company, in an amount not to exceed 1,000,000, for tenant improvements for a new Museum Facility at the 706 Mission Street project, pursuant to a december 14, 2010 Grant Agreement between the museum and the Successor Agency; former Yerba Buena Center project area discussion and action resolution no. 242019 madam director . Thank you. This item before you is a request for disbursement, since the approval of the Grant Agreement, we have had three disbursements, and this will be the fourth. The crest the request before you for a Million Dollars to assist with the partial funding for the museum. With that, we have representatives here. Thank you. Good afternoon. I am develop services manager, i am here before you today to present a Grant Funding request. With me, are representatives from both the Mexican Museum and 706 Mission Street company. The developer for the 706 mission project. Andrew kluger who is the chair of the board of directors of the Mexican Museum and market for our from 706 Mission Street, he is a project manager. I will provide a brief overview of the project, and the current grant disbursement request and then turn it over for discussion. As you know there we go, the project is located in in Yerba Buena Center. Which the agency helped assemble and develop over the years into a the cultural district that you know today. The last remaining undeveloped parcel is the Mexican Museum site. That is shown here on Central Block one. Here is an an aerial view. And reggie 706 Mission Street site, which combines it with a building that was purchased by millennium partners. There is a long trajectory to the history of this project. In 2013, ocii entered into a purchase and Sale Agreement with millennium for a mixed use project on that combined site. The project started construction in 2016. In overview, the develop a program for this project includes 190 units of condominiums, and a 480foot tower. The build out of the korn shell of about a 48,000 squarefoot museum space and the four floors. The developer is responsible for building that shell and transferring it to the city. Also, part of the project is Historical Preservation of the aaronson building on the ownership and operation of the garage. You see renderings of the project. As i mentioned, this is the last project and fulfillment of the yerba buena cultural district. We contributed the land and the garage. The developer provide Significant Community benefits, including the construction of the shell of this museum space. When it is completed, it will be deeded over to the city and the city will lease it to the museum. The Mexican Museum will be responsible for the design, and construction of tenant improvements. Ocii has approximately 7. 1 million available to fund those. The balance will be the responsibility of the museum there is a recent photo showing construction of the tower. In terms of status today. The construction completion is anticipated in 2020 with initial delivery of the residential condominium units in approximately april or may of this year, and delivery of the museum space to the city, in the summer of 2020. In terms of the public art. When the project was approved it was approved by the citys Planning Department and it had to meet the requirements under the planning code including article four which was the provision of either onsite public art, or a contribution. The developer and the museum jointly proposed that the public art fee be applied to a facade screen. Which was a unique public artwork worth roughly 3 million. Heres a rendering of the facade screen. It basically wraps the fourstory condominium. That brings us to the grant request today. The former agency of the museum entered into a Grant Agreement, in 2,010 to help fund museums portions of its cost for tenants portions of this mixed use project within the 706 Mission Street project. The total Grant Agreement arouns 10. 5 million, 2. 78 has been disbursed for predevelopment costs to date, approximately 7. 8 [of that the current request would utilize at 1 million to fund the museums portion of the facade screen. The Grant Agreement itself has a ten year term and expires in december of 2020. The joint request that is before you today would be to access funds for the museums portion of the facade screen. In light of the fact that the developer has taken on the obligation for the design fabrication and construction of the facade screen, the proposed grant disbursement agreement would disperse 1 million grant funds directly to the developer, on behalf of the museum pursuant to the budget contained in the disbursement agreement. The final budget for the total cost of the facade screen approximately 3. 6 million. The developer would be contributing their public art fee, plus some cost allowance savings for approximately 2. 6 million and the museum would contribute the remaining amount of 1 million due to the grant disbursement agreement. The Grant Agreement itself includes provisions related to compliance with the policies and programs, including the Small Business enterprise program. Which both the museum and the developer are complying with. They have been working closely with our contact Compliance Team to date. The approval of the fourth grant disbursement agreement would be in compliance of the 2,010 Grant Agreement. The proposed use of funds is consistent with the grant, and the fourth disbursement agreement would include or does include a budget and the roles and responsibilities of each party and the mechanisms for disbursement and compliance. If the Commission Approves this request the parties will move forward to complete the facade screen and disburse the Million Dollars in funds by the summer, june 2020. This concludes the presentation. Thanks for your time and we are available to answer any questions. Thank you. Thank you. Madam secretary do we have any cards . Yes, we have oscar james. Good afternoon commissioners, director. My name is oscar james, im a native resident of Hunters Point, San Francisco california. When this proposal was first brought to the redeveloping agency, in 2010, it seems like it was longer than that. Ramon was one of the commissioners that was sitting up there at that particular time. We had other commissioners sitting up there, at the same time. There was a lot of people that did not want this to come to fruition. I stated then, and i state it now this city should allow any any race, religion, Arts Commission if they desire to have Arts Commission and the city and county of San Francisco. It was a big fight about some of the commissioners did not want it. It did pass. This city, San Francisco is built on the mexicanamericans, in the city and county of San Francisco. This country as a whole, before the mexican war, before the alamo, all of this was mexican territory. They have a right to have a museum here, in San Francisco. The only thing i ask for them to do is give some of the history of San Francisco what it means to the whole united states. What they have done here in San Francisco. All of those people trying to come back to california, the mexicanamericans, they deserve to have the right to be here this is their country first. I dont care what kind of war takes place, where you move people out, what have you. This is their land. You have a lot of mexicanamericans who built mission dolores. The country did not start in 1776, it was way before 1776, and they were here. I would like for them to give the history of the bay area, the fights that they have done in San Francisco, how they made San Francisco, San Francisco. I am just glad that this is happening. To me it is taking too long. I give credit to the mexicanamerican people. God bless you all. Thank you. No more speaker cards. Thank you. Public comment is closed. I turned to my we have any questions for staff . Have no questions, just the comments that i am thankful for the work that you have done, and the plans that you have going forward. I totally agree with mr. Oscar james, and i am thankful for hilda scott. Thank you for your report. I approve. This is a motion . Yes, i would like to move that we authorize a fourth grant disbursement agreement with the Mexican Museum. Have a question, is there a second . The chair booster is a second. I have a question, i didnt see in the packet about the Small Business participation. I think the numbers are impressive. I would like to know who the professional Services Providers are . I am the contract contract supervisor with ocii. The project started off with a Consultant Team of about 12 consulting firms with a participation of 66. 8 . There was a joint venture with a d architecture. I do want to note, however, because of the duration of time, and changes in some of the firms has now been merged with harkins and wales. The joint venture is no longer in effect. We have been, in recent conversations with the Mexican Museum their attorney, in terms of looking at the replacement. What has been brought forth to us as a hispanic firm, as a replacement for the architect. We expect that the participation will remain above 50 . Thank you. On construction i guess i am reading 22. 9, is that accurate . That is correct. This is the construction of the tower itself, not the Mexican Museum. The museum itself will be putting forth bids when the leaseholds arent contemplated. Okay. You have a comment as to why it is 22. 9 . It seems kind of low is it just because of the nature of the work . Unfortunately it has to do a lot with the tower constructions that we have talked about in recent times. Just the magnitude of work, and the different type of work with respect to type one constructi construction. The participation of Small Businesses, while there are quite a number of Small Businesses, their level of participation is not a 50 . Approximately 30 Small Businesses that are participating. The largest package that i see, in terms of dollar amounts is about 7. 5 million. I would like to have a report, not at this time, typically the kind we receive f with our packages, and the details. Thank you. The item has been moved by commissioner scott and seconded by chair bustos. [role call] the item has been approved. Thank you. Please call the next item. The next order of business is agenda item five c. Workshop on the amendment to the recognized obligation payment schedule for january 1, 2020 to june 30, 2020 including the administrative budget for the Successor Agency and supporting documentation. Madam director . Thank you. The item before you is an amendment to the 1920. Back in january we had held a workshop, for the commission, as well as a workshop on approval for submittal to the department of finance, by february 1. We did submit, but we got pushed back in terms of specific requests related to our pledge agreements. When we do estimates, we had allowed through the recognition of the payment schedule for the controller to transfer actual receipts. The response back to us in approving, they gave us feedback that that is not allowed if we had to approve drop it does not allow us to construct the controller to disburse to the agency over what was approved. What we are proposing to do today, is have the commission hear the item, which is subject to oversight approval and ask that we make to Public Finance based on information, from the controller, under the certificate of assessed valuation that shows an increase in property tax revenues generated in the three project areas beyond what was in the original approved draft. Today we will be working through the specific line items and changes we are proposing with regards to the amendment. We are typically allowed to do this in september for submittal in october. Good afternoon. I am the Financial Reporting management analysis analysi analysis analyst for ocii. Ab 26 requires the agency to create the roth, sb107 requires a time period to amend for the 12 month period. No later than october 1. Resubmitted to the department of finance on february 1. We received approval on may 17. On the ninth we presented the workshop to the Oversight Board. We are here before you present in the workshop on the amendments for the Oversight Board will be taking action on the 23rd and submitting the amendment to the department of finance by the end of the month. This is just a reminder of the funding. We have the proceeds, reserve balances, other Development Payments on grants and we have the redevelopment property tax trust fund, add and non admin. You can see the total requested increase is 53. 24 million this is non admin. Again, when we submitted this earlier this year, we had used estimates. Then we receive the finalize property tax role from the assessors in august of 2019. We are amending to updated figures. We receive had just used straightline projections for our estimates. We had a number of projects come online. Weve also built a model for more robust property tax increment calculations and projections moving forward. Again, the total increase is 53. 24 million which brings the total to 461. 45 million and this will be used for the construction of infrastructure and approved housing areas. This table shows the requested increase by our uses. We have 16. 33 in our Affordable Housing, plus this will be used to Fund Projects and our pipeline for future years. We also have the remainder of the increase that will be used to reimburse developers for infrastructure already constructed in the art project areas. Again, this is used to pay for ocii funded Affordable Housing. Here we are just showing this will be used to read [inaudible] we wanted to show the net impact to our different project areas. Here we have a table showing the impact in mission bay. You can see the 34. 38 is driving the requested increase, because of some Major Projects like the chase center and the uber Office Building that will be coming online. Here we are showing the net impact, this is ref