tv [untitled] July 16, 2010 10:30am-10:44am PST
relevant to people's lives here. so a lot of the inspiration, especially among the immigrant community, we see is communications with people from their home country but we as much want to use the internet as a tool for people to connect within the local san francisco community. >> i think it's our job as public educators to give them this access and give them this opportunity to see that their efforts are being appreciated beyond their immediate reach. >> you have to blend this idea of community network with computer equipment with training and with support. we can pull all that together, then we've got it. >> it's as much about social and economic justice -- in fact it's more about social and economic justice than justst
director ford: good morning, everyone. i would like to call to order [inaudible] >> yes, prior to taking role, i would like to note that directors church and sartpi will not be joining us today. [roll call] mr. chairman, you do have a quorum. item three is communications, and i know of none at this time. director ford: ok, next item. >> item four, board of director's new and/or old business. [no audio] item five, executive director
[no audio] >> good morning. today, we have a number of exciting things to report on. you'll hear in a moment from our public relations team on a number of items that will be coming up. but i did want to announce to everyone and invite everyone to our new ground break. it will take place on august 11 at 10:00 a.m. at the thetransbay terminal at [no audio] you'll be hearing more about that in the coming weeks. with respect to our progress since our last week, paula clark is currently 25% complete. we expect that the budget is shoring and expertise in package will be advertised and available to bidders at the end of this month. we are continuing to work and coordinate with various stakeholders, city departments, and caltrans. specifically, we have been
meeting with the planning department and the department of public works on the various applications that need to take place. we have met with the mayor's office on disability regarding accessibility issues. we have started archaeological testing. you may have read about that recently at the transbay terminal, and that is expected to continue for the next few months. we also met with caltrans regarding the drawings for the busman's and continuing to review process there. we also met with them recently on proposed the take your and pedestrian impact during construction, including events on the caltrans of france -- offramp [no audio] input on that. as you know, that is something
at the request of ac transit, so we are continuing to follow up with that. we're also continuing our discussions of the planning department surrounding the bus storage and so forth along with the san francisco redevelopment agency. with respect to utility relocations, we are expecting that utility relocation packages will be issued for bid during the first week of august. these will be divided in seven discrete packages to encourage bidding by local, small, and minority-owned firms, so there will be more information on that in the upcoming few days. at&t has completed the installation of their phase one [no audio] on first street. the balance of that will be completed. once telecommunications services is terminated, which is expected to occur in august. with respect to the temporary terminal, we are still working on finalizing some details, working detailscaltrans to
address additional items they have requested -- working with caltrans. we finalized the lease agreement with greyhound, and you will be hearing about that shortly today. with respect to the real component of the project, the preliminary engineering term, too, is substantially complete. of the liberals have been committed to [no audio] and we're in the process of reviewing those, and should have [no audio] couple of months or so. i would like to go on to the funding report. nancy is not here today, but we have bought back at the request of the board of the last meeting. we were asked to give a presentation on the jobs that would be generated as a result. -- we have bob beck at the request of the board of the last meeting. jobs are important to the economic well-being of the country. there is an amount of discussion surrounding what we need to do
to increase the jobs, and this project alone, just in phase one [no audio] direct and indirect, tremendous impetus to our economy, and on that, i'm going to have bob report. >> thank you. when the mtc was working with the tjpa, caltrain, and the high speed rail authority on developing the investment strategy for the bay area application under our -- arra, we wanted to find a common methodology or basis for estimating job projections. what the mtc and agencies agreed upon was to use a recently published publication on job forecasts for capital investment. it is entitled "job impact of spending on public education day-to-day in 2009.
in that study, they projected an average of 30,000 jobs created per billion dollars worth of investment in public transit. that number of jobs ranged from a low of 20,000 jobs per billion dollar investment to 41,000 jobs per billion dollar investment, depending on the mix of capital, operating, and right of way costs that were involved in that. this envelope of jobs includes both the direct jobs of people working on the construction activities on site as well as indirect jobs, fabricators of material, and supplies that flow into the construction project as well as secondary or induced jobs, employment flowing from the activities of the individuals involved in the project and the consumer services to support the construction.
based on that active forecast of 30,000 jobs per billion dollars, maria mentioned 40,000 jobs are projected to slow from the $1.6 billion phase one budget, and based on our 2010-2011 annual budget of $363 million, would equate to 10,900 jobs this fiscal year. >> now with respect to the quarterly financial reports, we will have [no audio] present on that. >> good morning, directors. these are your standard quarterly financial reports. the first is budget actual through the third quarter of fiscal year 2009-2010, and to the third quarter, all expenditures were within budget. we had one revenue line that came in higher than expected.
on the financial front, we have our auditors in this week, during interim deal work, and we are, of course, working to close at the just-ended fiscal year so we can produce financial statements when they come back in october for their final field work. the second report is the quarterly contract status report. i do want to note one correction in the memo. i had stated that our bbe commitment for the year thus far was 30% and fte commitment was 31%. i have since updated the report after receiving updated numbers from our most recently awarded contracts, so our dbe percentage is 26%, %sbe percentage is 36% awarded, but both of those are above our goal for the fiscal year. the third report is the investment and interest earnings
report, showing our interest earnings through the three quarters, and the final report inception to date shows expenditures and revenues for the life of the program. is there any questions? director daly: are we projecting to be under budget, or do we just have fourth quarter expenditures which are going to be higher than other quarters? >> this report does not reflect fourth quarter at all. i think we will be under budget in most categories because construction will not have -- will not start until the fiscal year that we are in now, so when we sat last year's budget, we had expected to be in construction at a little bit earlier date. director daly: got it. director ford: questions? all right. >> would like to have webcor present the monthly sbe update. >> good morning, directors.
wanted to give my monthly update on sbe activities. last couple of meetings, i talked about rq. on june 15, we received rq's and out of that, we've got 11 sbe's . we have seven qualified sbe's that will be feeding on the work. it was a good turnout of from our june 8 average rating. the other activity going on is we are developing sbe goals for the budget shoring and excavation scope. we are working with dbi currently to finalize currentlysbe goal -- finalize those sbe goal percentage is. we anticipate we will have the finalized version of the package at the end of the month. >> thank you. now, our public outreach update will be given by courtney.
>> good morning. just wanted to give you a quick update on where we are at with our ongoing public outreach efforts. we have installed sine is on the terminal. the ban is one of last night, along with all the moving sign it announcing the august 7 opening date for the temporary terminal. in addition to that, we created additional signs for the golden gate transit because they will not be using a bus stop at first and mission street, in order to reduce traffic on main street. we only have two lanes open at that time. there will be moving over after the move. in addition to that, we relaunched the website, temporaryterminal that board, and this is on temporary terminal operations, not on construction -- temporaryterminal.org. we will be launching our
ambassador program at the transbay tunnel to assist with the transition, and we will have a presence every day, so we have completed the move, and throughout the first week of the move, we will be commencing on august 12, and we will provide additional staffing if needed after that time. we're also going to be hosting a corp. -- commemoration of at the terminal on july 30. we are doing this in conjunction with caltrans and some of the local preservation groups. we wanted to honor the terminal and its history before we move forward and build a new transit center. we will be planning to is that will be open to the public in different areas we're working with caltrans on so that folks can have the opportunity to see different pieces of the terminal