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And thats how i see our investments, as an opportunity to make sure that good things happen for people here in San Francisco, and we create a Better Future with these incredible investments. So make sure, all the departments, you spend this money wisely. You dont take pen and paper home that you dont need. [laughter] and you do your very best to show folks in this city that we are the greatest city in the world because we put our money where our mouth is, and because of that, we are able to create a more thriving, equitable, safe, and secure city for all san franciscans. Thank you all so much for being here. [cheers and applause] with that, i would like to turn it over to our budget chair, supervisor sandy fewer. [applause] thank you, madame mayor. Good morning, everyone. Wow. On behalf of my 80,000 residents in the Richmon ....
Demand. In all likelihood, that would be something that would be coming forward, if the exemption stays in place, at the state level, probably coming forward at a local level to require all businesses. Do we have any kind of idea on the date for ab161 . It is still in the senate. We do not have a date, at this point. Then, lastly, i just want to say that the last Strategic Plan that the department has is from 201314. I have discussed this with the president , and the Vice President , that it needs be updated. I think this is something we could work on during the Commission Meeting without having to have a separate meeting. We will be working with president adams and Vice President dwight to bring that to you. Great, thank you. Quick question, going back to the e ....
Then at the eback end take s a ba bank credit. At the end of the day thats going to deliver about 8. 1 million to this project. [ applause ]. I just want to really acknowledge the team that really have pushed this forward quickly on this project. First of all , david wilkin sos has been our consultant from Northern CaliforniaCommunity Loan fund. Thank you, david. Thank you for helping me understand this weave of stuff and so forth. Leading the way to make sure that we anchor the new market tax credit that we needed for the project is the city of San Francisco and the San FranciscoCommunity Investment fund, or as we call it sfif. Without them jumping in and p putting their projestamp on thi project, i ....
Lets give all these Board Members a big hand. [ applause ]. I mentioned earlier we went through the slog of trying to find something to buy so then we can figure out what we can build and how much it will cost. The first person who probably had to go through therapy after joining me on this effort was dan mckue our real estate representative and literally we worked for two and a half yeas s to get to this site and bewent through three pricing scoping and buying exercises and so forth. Did you thank you, dan, for working with me and still being able to call me a friend. We also have identified an al allstar team to help us with this kitchen and build it. The first person i mentioned earlier but i want to call out specifically again is mike bal divrks dwin from kitchen concepts. Mike was chosen not because hes one of the best in the field nationally, but because he served for decades in the meals on wheels in anaheim. When i saw his ....