our city has, certainly in the southeast neighborhoods where we have had a record number of foreclosures, in part, driven by the lack of small businesses and the ability to get loans. many of us that the board of supervisors want to ensure this program gets as big as possible. i want to thank the mayor for your commitment. i hope in the term we are serving together, we figure out how to surpass the $5 million number. if we look to get this through the board as quickly as possible and eating many more soul food breakfasts at places like brenda's. [applause] >> thank you. the last time i was at an event for the revolving loan fund was in my district at a place called mission cheese. it is a very successful small business and i understand it is

repaying its loan. this is one of those programs where you can invest a small amount of money and get a big bang for your buck. i also want to compliment the mayor and the full board. lots of time you hear politicians talk about helping small business, creating work force housing, repaving our road, but one of the hallmarks of this mayor and board is we do not just talk about these things and give speeches, we are actually doing these things, creating a fund, and investing in our businesses. i know we would keep on doing this work and we will make this program a huge success. thank you. [applause] >> i would like to know introduced tracy curtis, a san francisco regional president of wells fargo.

wells fargo worked closely with our office, in coordinating the dollars, so we could have one coherent loan fund, which leverages the dollars that we are talking about introducing today, with their what -- and the wells fargo money. the business technical assistance provided by working solutions has helped. we feel this is a true partnership. it is not just two pots of money we are announcing today. >> first of all, thank you. i want to thank the mayor and supervises for being here today and to celebrate the revitalization of this loan fund. in case you did not know, wells fargo is 160 years old this week. we are still the largest and oldest financial company here in the city. san francisco has special meaning for us. i have to tell you, i was at the mayor's inauguration and he said he would never stop using the words job and job creation.

that is what this is about today. we have given $431,000 to the revolving loan fund at below market rate. for 160 years, we have helped businesses thrive, through the gold rush days, through the technology boom, and now through the economic recovery, especially here in the bay area. we know when we revitalizes small businesses, we create jobs. and that is what we need here. that is what this partnership is all about. if we do not have successful communities, we know we cannot be a successful corporation. it is with great pleasure that wells fargo partners with the city. we are also good partners with working solutions, have done many things with them. we are so happy they are involved in this partnership. we, at wells fargo dedicated to

partner with the city of san francisco to make this once again the thriving community that it has always been. again, thank you for being here today. [applause] >> finally, i want to introduce the executive director of working solutions, along with -- where is brenda? the owner of the restaurant, who i think will be coming forward. >> good morning, such a pleasure to be here. i want to thank you, mayor lee, pa your leadership in prioritizing access to capital for small businesses, which is so crucial. i also want to think board president david chiu and scott wiener for your of leadership, as well, the board of supervisors, for continuing to part by small business needs. two years ago, working solutions

was chosen to administer the city's role of the loan fund and we have successfully lent out those dollars. $665,000 lent out to 27 businesses. the result is 16 new businesses were created and 11 existing businesses were expanded. 74 jobs were created, and even five of these businesses went on to later graduate and be able to get some bank financing totaling $500,000 combined. we are so thrilled to hear about the recapitalization of the loan fund, with $1.5 million. this is such a thrill for us because working solutions is all about getting access to capital to the businesses that need it the most, so they can create jobs and thrive. we are excited to build on the momentum we built over the last two years for this loan fund. wells fargo, i want to knowledge. we have a partner with them for

over 12 years. it is so exciting to have to be an investor in this fund and setting aside funds specifically for the southeast sector, where funds are so well needed. partners are truly the key to the success of the revolving loan fund and have been thus far. we really want to talk about how important that will be, going forward. i wanted to acknowledge the small business commission, renaissance entrepreneurship center, who recommended brenda's to us, as well as the office of workforce development. thank you for your partnership and all that you do to support small businesses. finally, i wanted to congratulate brenda and libby, the owners of this fine establishment. you are such a shining example of small business success. i was just talking to brenda and she told me, since she received a loan from working solutions, she has doubled her number of

employees, 24. the restaurant is truly a cornerstone of this neighborhood, and personally, it is one of my favorite restaurants. this is where i come to celebrate birthdays, family occasions, and working solutions even came here to celebrate the holidays. when you come here, everything is top notch, from the broiled oysters appetizer, grew to the deserts, which are amazing. there is no describing how delicious it is. just wonderful. brenda and libby, your hard work and dedication and the entrepreneurial spirit are just so inspiring to myself and everyone. with that, i wanted to introduce brenda, who has a few special items she would like to bring up to have the mayor try. >> i just want to say thank you,

in particular, to the mayor, mayor's office, wells fargo, working solutions. without you guys, we would not be here right now. thank you for that. there is the food. >> this is our signature shrimp and grits and chicken andouille gumbo.

>> end of press conference.

please stand by. please stand by.

>> i would like remind -- to remind all of us to turn off our cell phones and anything else that can make noise during the meeting. [calling roll] thank you. we have a full commission today. the first category on your calendar items proposed for continuance. at the time of this calendar there were no items proposed for a continuance. that situation continues to exist at this time. so we will move on to your consent calendar. items one-four make up the consent calendar this week. they are considered to be routine and will be acted upon by a single roll-call vote of this commission. there will be no separate discussion unless off or members of the public request.

-- of mustaf or members of the public request. the items are as follows. item one, case number 2010 that 0.10.1038c, 1735 polk street was said between washington and clay streets. the project would convert they can speak to a rest from within the polk street neighborhood district. item two is case number 2011 .1233c for 2255 polk street. the tenant improvements are proposed for the tenant's space, however the size of the space

will not change. item number three, case number 2011.0679z 1120-1130 kearny street. item #4 case number 2011. 0680q 1145 green street. following public comment, which would automatically remove these items from the consent calendar, these items are before you for your consideration. >> any public comment on items on the consent calendar? which items? >> item one.

commissioners, item one is removed from the consent calendar. are you going to consider items 2-4? president miguel: any other public comment? if not, public comment is closed? >> i move to move a items 2, 3, and 4. >> second. moved to second the consent calendar items? those items are approved as proposed. mr. president, are we going to consider item one now or during the regular calendar? president miguel: we will consider it during the regular

calendar, probably the fourth item. >> thank you. we can move forward on your calendar. you are now at commissioner's questions and matters. item 5, consideration of adoption of draft and it from the regular meeting of january 12, 2012. your closed session meeting of january 19, and your regular meeting of january 19. and following public comment and any corrections or modifications you may have, we ask you adopt the draft minutes. president miguel: any public comment on the drop minutes? if not, public comment is closed. commissioner moore: move to approve. [laughter] >> thank you. ton motion for approval of the draft minutes -- [calling roll]

thank you, commissioners. the draft minutes have been approved as they have been drafted. and the other commission matters? commission moore: i attended a land meeting yesterday morning. a very interesting summary on 2012 case events that have bearing on planning commission matters, review of sicsequa in 1 an update on redevelopment agencies, and the different kind of things that happened across the state of california. in my heart went out to our successor agency and members, because when you hear it in more detail by experts that describes the effects in different communities, it is hair raising. and i think it would be not only difficult for the director, but

i think it will also rippled down into the things that we will be looking at in will be equally difficult. i hope we will get updates and help from anyone who can prepare us to take on this new task. there were also a couple of interesting reports on wetlands and endangered species act. and i will be happy to lend the documents that came out of that meeting that will be worthwhile taking a glance at. and commissioner antonini: thank you. earlier this week i was part of a presentation with a couple of other commissioners from project sponsors for 2 001 folsom