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Was appropriated by the board of supervisors under the sfpuc water system improvement program. We recommend that you approve this resolution. Okay. Thank you mr. Rose. Colleagues any questions . We will move on to Public Comment. Anyone wishing to comment on item 10 . Okay. Seeing none. Public comment is now closed. Colleagues can i have a motion to move this forward. So moved. Motion by supervisor tang. We can take it without objection. Madam clerk call item 11. Item 11 requisition of the Real Property at 490 south van ness, the Purchase Price of 18,500,000. Okay. We have the Mayors Office of housing here. Hello. The res before you is approve the acquisition of Real Property at 490 south van ness from the south v ....
General fund will not receive the transfer tax revenues for this transaction so our recommendation on page 29 is we recommend that you amend the proposed resolution to specify the Purchase Price with a credit as listed to reflect the citys exemption of paying the citys Real Estate Property transfer tax and result in adjusted city cost as listed and we recommend that you approve the proposed resolution as amended. Okay. Thank you mr. Rose. Colleagues any questions for mr. Rose or our team . Okay. We will move on to Public Comment. Anyone wish to comment on item 11 . Seeing none. Public comment is now closed. [gavel] colleagues do we have the budget Analyst Recommendations in front of us and under line item. Through the chair i make a motion to amend th ....
Third part of this law, because the tenant is occupying a unit not authorized for residency. This part of the ordinance posed a big safety risk to the tenant. If an inlaw is illegal, its most likely due to safety problems. Therefore, by not allowing those owners to evict the tenants and if the tenant decides to stay, they will live in a dangerous environment. If this ordinance passed, it will allow the people staying in their illegal units. The process of legalizing i think it should be an option of owners choice. Overall, i think the ordinance has good intentions, but there should be a better way to support the course. Today we heard so many stories and i think we need to set some laws that could balance both tenants and the landlords. Thank you. Thank you. Next speaker, please. Hi. My name is jim. Im a small Property Owner. I came here as a teenager with 10 in my pocket and paid myself through college and now i have a job that i ....
Thank you mr. Rose. Anyone wish to comment on Public Comment . Seeing none. Public comment is now closed. Colleagues can i have a motion to send this forward. So moved. Moved by supervisor mar. We will take this without objection. Madam clerk call item 7. Item 7 is Lease Agreement and lease between the Hudson Group Retail in Square Footage and concession space and minimum annual guarantee of 555,000 for the board. Colleagues we will continue this item and first we will open it up to Public Comment. Anyone wish to comment on item 7 . Seeing none. Public comment is now closed. [gavel]. Can i have a motion to move this item . So moved. Madam clerk can you call item 8. Item 8 is lease amendment lease bayport ....