All right, good morning, ladies and gentlemen.

Welcome to the budget review committee of the San Diego City Council.

We'll call this meeting to order.

Note that uh all council members are present.

Uh for district six and nine.

Uh we will uh start this morning with non-agenda public comment.

I do not believe we have any requests to speak.

Uh ask if there's any committee member comment.

Seeing none, IBA City Attorney or Mayoral staff comment.

None?

Very good.

Uh well this morning we will hear a presentation uh budget presentations from Civic San Diego.

I'd ask them to come forward and the successor agency, as well as the office of the city auditor.

We will break at noon and then reconvene at 2 p.m.

to hear the budget presentations from the housing commission and the San Diego Convention Center Corporation.

Uh for the first item, we will begin with a technical review from financial management, and then we'll hear a presentation uh from Andy Phillips uh and Cynthia Morgan uh from uh Civic San Diego uh on the specifics regarding the successor agency and then the same process again for the Civic San Diego budget.

Uh after each of those, we'll hear of uh comments from the IBA and then of course uh members of the public uh before turning to committee comments.

So it's a little more complicated than our usual routine.

Uh Mr.

Phyllis, Ms.

Morgan, it's great to see you this morning.

Uh understand we're gonna do the the technical review first.

Uh we don't have a time.

You don't have a technical review for this one.

Okay.

Very good.

Then uh how much time do you need for your presentation?

About 20 minutes, but that includes both the Successor Agency and Civic San Diego.

Okay.

I'm sorry, we do have a um comment on the Civic San Diego site, that piece of it.

Do you want to do that now?

Yes.

Okay, why don't you do that and then we'll have let Andy and Cynthia have the floor.

Thank you.

Uh good morning, Council President Gloria and Council members.

My name is Michelle Yamamoto.

I'm the budget coordinator in the financial management department.

I would like to provide provide comments as a result of our technical review of the Civic San Diego's FY15 proposed budget.

Civic San Diego is proposing a $6.7 million expenditure budget for FY15, which is an increase of $595,000 or 9.7% from the FI 14 budget.

This increase is primarily due to the addition of 3.0 FTE positions and associated personnel expenditures, as well as an increase in professional and consulting services.

Budgeted positions have increased from 32 FTE positions to 35 FTE positions in FY15, and there are no general salary increases, cost of living adjustments, or merit bonuses included in this budget.

And finally, the contribution from the city's general fund was reduced to 250,000 in FY15 due to the removal of one-time funding in FY14 for the Portland Lews project.

And that concludes my comments.

Good morning, Council President Gloria and Council members.

My name is Cynthia Morgan.

I'm the board chair for Civic San Diego.

Before I begin the presentation on the successor agency and Civic San Diego budget, I just want to take a quick moment to thank all of you for your outstanding support, commitment, and encouragement of Civic San Diego over the last three years.

I'm currently the longest serving member on Civic San Diego, and I just want to say with the transitions we've been going through there.

First, we'll start with our vision and mission.

As you can see, our vision is to revitalize urban neighborhoods that are great places and making them great places to live, work, and recreate, making San Diego economically competitive with the world's very best cities.

The projects are listed at the bottom of the slide and include COM22, Alpha Square, Ninth and Broadway, Atmosphere, Sanford Hotel, Mason Hotel, Connections Housing, and the HELP Program for Single Family Neighborhoods.

The unit production is 385 new or rehabilitated rehabilitated units in FY1314, and another 868 units underway in our pipeline.

Each icon on this slide represents 100 jobs created by Civic San Diego's investments.

Using the Sandag jobs calculator developed for the city, our projects and partnerships yielded 1,433 jobs this fiscal year, and another 14,248 jobs, both permanent and construction related, are in the pipeline for the coming years.

Civic San Diego has completed or initiated 72,000 linear feet of street lighting, pedestrian sidewalks, and traffic calming improvements, as well as the final phases of the Quiet Zone, a multi-agency partnership that silenced train whistles by utilizing other forms of pedestrian safety improvements throughout the downtown.

Civic San Diego, together with our partners, accomplished or initiated over 6.3 acres of community public recreation and park space last fiscal year.

This is the equivalent of five football fields.

Civic San Diego received $36.8 million from multiple sources, including New Market Tax Credits, Sandag Active Transportation, Sandag Smart Growth, and CDBG funds.

Our pending new market tax credit application is for another 120 million dollars, and there are another 2.9 million and Prop 84 urban green grants pending.

Civic San Diego recently received $500,000 in CDBG.