the city of san francisco sfgtv meeting for the rules committee for february 16, 2016 will begin shortly. [gavel] all right good afternoon everyone. welcome to our special rules committee meeting of february 16, 2016. i am katy tang chair of the committee. to my left i have supervisor malia cohen and to eric mar and joined by aaron peskin today. our clerk is derek evans and i would like to thank our sfgtv staff. with that clerk do you have any announcements? thank you madam chair. please silence all cell phones and electronic devices. completed speaker cards and files somebody submitted to the clerk. thank you and i know both items on the special committee is related but we will call them separately so please item 1 please. item 1 is a initiative oar from the mayor for the proposed initiative ordinance submitted are by the mayor for the voters for june 7, 2016 for election entitled ordinance mending the planning code to maximize inclusionary or affordable housi
welcome to the tuesday february 9-there is echo on this. february 9, 2016 meeting of the finance committee of transportation authority. i m eric mar and to my right is london greed-breed and to my left is norman yee. the clerk is steve stomose and being broadcast today by [inaudible] and charles kremenak. any announce mentds no announcement; breed present. campos, absent. commissioner kim, absent. commissioner mar, present. commissioner yee, present. we have quorum. i forgot to say [inaudible] happy year the mungy everyone. please call the next item consent calendar items 2 to 3 are considered row teen. staff isn t [inaudible] present if desired. if a member objects the items may be removaled and considered separately. thank you. let s open up for public comment. anyone want to talk about the minutes? seeing none public comment is closed. motion to approve the minutes. i have a question. y r i wasn t at the last meeting so need to rekoos myself from voting on th
them separately so please item 1 please. item 1 is a initiative oar from the mayor for the proposed initiative ordinance submitted are by the mayor for the voters for june 7, 2016 for election entitled ordinance mending the planning code to maximize inclusionary or affordable housing and economic feasibility studies. we have staff here. we will have this presentation and if you get the powerpoint on the screen thank you. i want to be very clear the clear of this initiative ordinance is establish a pathway to maximize the amount of affordable housing that the city can require of developers. the current requirements are too low. not only are they too low but they re a one size fits all rules and acts if a luxury tower downtown has the same economics as a project in another neighborhood. the economics are different and the rules need to be different the mayor directed staff to bring working groups to bring stakeholders together for these requirements and it s underpinned b
and electronic devices. completed speaker cards and files somebody submitted to the clerk. thank you and i know both items on the special committee is related but we will call them separately so please item 1 please. item 1 is a initiative oar from the mayor for the proposed initiative ordinance submitted are by the mayor for the voters for june 7, 2016 for election entitled ordinance mending the planning code to maximize inclusionary or affordable housing and economic feasibility studies. we have staff here. we will have this presentation and if you get the powerpoint on the screen thank you. i want to be very clear the clear of this initiative ordinance is establish a pathway to maximize the amount of affordable housing that the city can require of developers. the current requirements are too low. not only are they too low but they re a one size fits all rules and acts if a luxury tower downtown has the same economics as a project in another neighborhood. the econom
items on the special committee is related but we will call them separately so please item 1 please. item 1 is a initiative oar from the mayor for the proposed initiative ordinance submitted are by the mayor for the voters for june 7, 2016 for election entitled ordinance mending the planning code to maximize inclusionary or affordable housing and economic feasibility studies. we have staff here. we will have this presentation and if you get the powerpoint on the screen thank you. i want to be very clear the clear of this initiative ordinance is establish a pathway to maximize the amount of affordable housing that the city can require of developers. the current requirements are too low. not only are they too low but they re a one size fits all rules and acts if a luxury tower downtown has the same economics as a project in another neighborhood. the economics are different and the rules need to be different the mayor directed staff to bring working groups to bring stakehol