Directors meeting for thursday, january 10 2013. Happy new years to everyone. And clerk can you please talk roll call. For the record director lloyd has a scheduling conflict and will not be present and director mett calf. Present. Director reiskin. Present. Director sartipi. Present. Director ortiz present. Supervisor kim . Present any communications today . Any new or old business from the board of directors . Seeing none well move on to the executive directors report. Good morning everyone and happy new year. We begin our january Board Meeting like we do every year with an update of what we did the Previous Year and what the plan is for the current year 2013. You have in front of you a powerpoint on this, and we start with just giving you a contents of what were going to go over. Were going to go over the 2012 mile stops and accomplishments, current costs and schedule status, plant for 2013. Sarah will give a report on our sbes and how we have been doing there. Scott will report on
And parking within the terminal and we installed test pads for concrete performance. So its been run very cleanly, very efficiently and very safely and we have received very good reports. With a warded the primary construction work to shimmick. We have our structural steel package out to bid and initiated requests to determine cast note Production Capacity and awarded the specialty consultant contract to prepare the cast note to augment the super structure package and we have that package currently out to bid. We have completed the Performance Test Program and started preparation of the bid package addendum. With responsibility to the Transit Center construction documents we completed the risk and Vulnerability Assessment update for the epentire program and completed the Needs Assessment for enhanced it and communication systems. In to 12 we awarded a number of contracts and additions to the ones i mentioned for personnel and material services, below grade structure and grounding syste
Economic Development Committee im scott wiener the chairman of the committee to my left is Supervisor Malia Cohen and our vice chair is supervisor kim will be joining us momentary. Our clerk is andrea and i want to thank sfgovtv for broadcasting todays hearing. Madam clerk, any announcements . Yes please be advised the ringing of and use of cell phones, implemented copies the documents should be submitted 90 to the clerk and it will be on the august agenda. Thank you. I want to not something before we start that also meeting today starting at 2 oclock and cohen and i each have a items and if land use if this Committee Hearing is still going when those items supervisor cohens item gets called we will take a brief recess and resume when theyre done i dont think either item will take long. Madam clerk call number one its a resolution of the president to permit the issuance the qualified Revenue Bonds for the presidio avenue. Okay. And supervisor breed is the author of this item and unders
But the developer pulled out because they couldnt get the financing. Personally, i joined the mission bay in 2007 and i got two or three calls from other developers and none of them have progressed other than initial conversations. In addition the master developer told us theyve been marketing this site with those existing o pa requirements and havent been to attack the one developer who couldnt make it work, however, they started construction in 2011 and exploring opportunity to amend the o pa to make it feasible. Just before i move on there was a systematic design and this design looks like this the integral are having this design. So we will not come back with the design if they change it significantly well come back to you for additional approval for the design. As part of their Due Diligence they did an affectionate requirement. Tim from the Concord Group is here to answer questions about the study. The study you found out that any moderate for sale units will have a public subsid
We have 6 hundred plus unit more than the ot a required so were over leveling percent more than the original that was required. We have 20 more than the o pa. This is; however, while the master developer has succeeded those a theyve not provided the breakdown as required. They built one hundred opt above that was required so even though we have 20 unit more if you do the math we have the last requirement for the 80 moderate unit. This tramths to one hundred and 10 percent as a 4 percent household earning. We do anticipate that any additional moderate rate units will be built for Affordable Housing. The full built out in the south the oc i will have one hundred and 8 additional units. Based on the affordability of the financing forces we anticipate all the 11 hundred units to be low and theres no other tax credit that target the moderate rate. Theres an inclusionary requirement that requires an inclusionary unit to target the low income. So block 4 p is the only additional income unit.