will grow. i would reach to everybody to remember that everybody has problems, every government has problems. when you look at america, we've had 235 years of dysfunction and it's doing well so far. maybe it comes with the territory. san francisco has shown how government can function and the citizens of san francisco and the whole region are benefit ting from it. we've had something like a 30 percent in tech growth. this is what we call the big app instead of the big apple. in the next decade

the capital will continue to grow. last year it was like a hundred new york city based companies that acquired $1.8 billion. it's just the beginning. if you think about san francisco and new york, the future couldn't be brighter because tech business is where the business is where people want to go. if intellectual capital is what your business requires, i don't think you can find two cities in the country that can provide that better than san francisco and new york. in new york we work very hard to bring universities like the university you have here just south of here that is so known for creating the world that we live in today. we are trying to bring that to new york and we have the cornell university, one of the great ivy league schools opening a graduate campus. it's not for undergraduates, right in new

york city and they are bringing technology and cornell and it interest. it's really a powerhouse that will create jobs that we are already getting and columbia is also expanding there. engineering school is doubling the size of it and nyu is collaborating with overseas universities and we are attracting the big companies. google has a block square building and microsoft has similar to that. everyone of these companies are opening in new york city and not just opening sales office, they are opening development offices and in the same thing coming in this direction. you want to be in a place that is fun, that is diverse, and that's challenging. and i come back to the same thing here in this city and my city are going to

be major game changers in the world economically and academically for years to come and they are going to add to the pool of sophisticated talent generate new jobs and economic activity. we have to figure out how the other cities are losing hope. we are a country of equal opportunity and not equal results. we have to make sure people have the ability to move up an share in the american dream and that means being self sufficient and having the education that you need to understand the issues and participate. when it comes to tech, we have a government in new york city that gets it. we have a group of business

innovators and we have city data available to software developers and starts grow and constantly working to matchup investors with tech start ups in our city. city has itself a jobs developer and we've got a chief data analytics officer whose job is including combatting mortgage fraud and stopping prescription drug abuse and things like that. you wouldn't think of technology being useful but in this day and age it is. we have a mayor that road in the taxi in the first bloomberg summit in october. i'm a good customer and everybody was watching. so we look forward to seeing you in new york city and once again, thank you for your

hospital. you have done a hell of a job. thank you for everything what you have done. you have made this country what it is. [ applause ] i think we'll take some on topic questions for the mayors. >> how do the summit expand engineers about the summit? >> people will go where they think there is a challenge and if companies want to be where the people they can employ, where they want to live. both of us have the responsibility of making it exciting cities but then you have companies that will come. once you get the momentum behind you, it's

easy to do it. any meeting like we are having gets the best and brightest and when they come, they get publicity and ideas that they want to use. >> i think the exciting part is to identify the role of technology that everybody is not familiar with. we know that technology in businesses is valuable, but we are talking about the other jobs that technology sustains and that means how does it affect our tourism, health care, education, those areas. i think every city is going to have their ears open very widely and even send reps to gain this kind of connection and learn how to attract this technology to their cities. we've always been very open to assist other

cities and create that relationship. >> it gets your interest and you around the world because they tell their families and it brings knowledge in our cities and knowledge of the world that has built products in the marketplace in your country. all of that works. kids in particular, want to come to places that are environmentally responsible that challenge you and give you lots of opportunities to live side by side with other people that have new ideas, different ideas, and that sort of thing. that's what i have always loved about san francisco. it is a dense city, not as much as city of new york. that gives you a chance to have a life

experience 24/7, not just during your business day. >> other questions? >> a specific problem -- i'm wondering [inaudible] are there specific problems that you are looking -- is it a problem? [inaudible] >> we have so many problems to solve. just the other day, for example, we were trying to figure out how do we get even a better preparation in our neighborhoods for the expected earthquake disaster we are having in the city and along comes a whole bevy of coming in this economy that affects the management and the host company that is start ing in san

francisco that want to plan with us and not wait for a disaster to hit and then find out that we could have accessed many people. that is helpful for the mayor to search for more partners and get ready and be more excited about recovery. when you look at what happened in new orleans and all the victims of tornados. they always tell you they could have been more ready for this had they engaged people ahead of time. this is what we are doing to improve these changes. if the economy gets hit by a major earthquake, that's an incredible hit to the rest of the country. we have to invest a lot more. that is one example of how we can use a lot more technology companies helps us with things that have challenged our cities. >> the likelihood of an

earthquake is less than out here, although i have lived in city hall, working there one day when the building actually shook. it was the first that i noticed. everything did shake a little bit. it wasn't particularly frightening. right now we are trying to figure out what to do the next time there is something like hurricane sandy. yesterday i gave an hour speech, i'm sure everybody listened to every word. i was doing a speech on a 140 page book we listed on the plans that we can do to make our city more resilient. in our case we worry because we are on the atlantic coast and you have a lot of hurricanes coming off the coast and the forecast. oceans have risen a foot in the last several years and then another 2 1/2 in the next 50 years. the oceans are warmer so we would expect more storms and

we have to be ready for that. we have 450 miles of coastline in new york city. we have a lot going up the rivers and we need a lot of technology to figure out how to protect from waves, from high water, from winds and that kind of thing. we have a potential because we live so densely of power out acknowledges. we have to be able to recover those. we are dependent on power. if you live on the top of an apartment building, you don't have power and you don't have water. that is a very big problem. we have thousands of people living in public housing. there is a number of hospitals that we've had to evacuate a number of them because they had their generators on the roof but they had all the infrastructure in the basement and without power, they couldn't function either.

>> what are you doing to help out the -- [inaudible] >> they are going to encourage to operate -- >> we had an injunction, let me step back. regulated industries are typically, the regulation is used, the industry and the government complicit in trying to stop disruptive technologies because they want to protect what they regulate and the regulation becomes a crutch for the industry. when you come along as something simple as

being able to use your cellphone to call a cab, people who already have this service, don't want that because they control it and they dispatch their cans -- cabs and they want revenue. we have two systems of cabs. yellow cabs only work in manhattan south of 9th street. there is no other reason to hail a cab in the other burrows. we have allowed for the rest of them to puck -- pick up in the rest of the city. the industry sued to stop us and the judge ruled in favor of the industry and the high court unanimously through out the judges decision and we are going ahead to selling

medallions to yellow cabs and the other cabs in the other 4 1/2 burroughs where you can call them. the service is going to be much better. we have basically in new york city in the last month added two totally new transportation systems. cabs for 80 percent of the people didn't have it and bicycle share which is going to be phenomenally possible. these are not subsidized by federal city government. they are customized for every neighborhood. we have the public is a lot better off today than back then, but it's the old entrenched industries that try to shield the

government regulation and try to get the local level on their side to protect the kind of competition that benefits society in the kind of competition that you and your business and everybody else in this room lives with everyday. in san francisco, as you may have heard, board president david chiu and i have shared an economy task force to fair out as much about the industry. we have a bicycle sharing starting this year. finally, how do you like those green bike lanes on market street. aren't they well painted? scooter sharing, car sharing is obviously with our dna for some time. but it's lead to new industries being treated. we want to have people have a chance to talk about what they are going to do before regulators say no. we

have to have a chance to understand what this business is and as mayor bloomberg said, we are america and this is where competition is and customers are going to tell us what they want to have either the kind of service they have. i think that's the ultimate freedom to be able to do that. this is going to allow us to do that and this isn't just regulation but the movement of the business is to create new jobs and bringing a lot more people to the economy. these new industries are reflective of something that we are not aware of, but it's been going on for a long time. you talk to the pharmaceuticals in mission bay, they have been doing this for a long time to get their drugs faster. i often cite that as being part of this very

spirited effort to get much more of a sharing attitude about what we are doing, in addition to the things we just talked about in terms of emergency preparedness. >> anything else? >> who do you expect to be attending these summit meetings? >> we'll think about inviting. [ laughter ] >> anyone like the city representatives? >> people that are interested in advancing their economies or creating businesses or working together and the jack dorothy and the mayor, that's the kind of person you want to have there. we also like them to come to new york and spend money in our restaurants and stay in our hotels, pay taxis.

so, it's an exciting thing. any of these events. there is a collateral benefit and the people go home and say i didn't know that city was fun, affordable and friendly. that's the best kind of advertising you can possibly have. >> i also think that your education leaders might want to come or your health care leaders might want to understand where technology is and people working in any city might want to have this understanding because i think it's not just the technology businesses. it's their link to the rest of the way you make a successful city in this country and that means education, health care, infrastructure and arts and culture. that blend helps a lot of companies in san francisco help market some of these products. >> i think also i'm going to

say congratulations to you. we want you to come to new york and do that for us. >> thank you, everybody. thank you for having us in your city. [ applause ] >> thank you, supervisor farrell, for being here this morning, and also for your great partnership with the board of supervisors. carmen chu, you're helping us bring in the money already, thank you. assessor chu. (applause) >> london breed, thank you very much, supervisor, always a pleasure to work with you as well. all of you, friends, spouses,

family, people who are just enthralled with this wonderful great city of san francisco like i am. thank you for all being here to witness and honor and thank the people who are stepping up with us to help manage this wonderful great city. thank you, chief hayes white, for being here as well, and other department heads and other commissioners, thank you for joining us as well. we have 25 individuals today who are sacrificing a lot of personal time, sacrificing their own family's time away for night meetings, a lot of reading of paperwork, a lot of public engagement. we also have some 15 different bodies that you'll be appointed to today. and, so, it is my pleasure to welcome you and to suggest to

you that i personally appreciate citizens of san francisco stepping forward to help us manage this city. it never is ever about one office. it's not even about two offices. it's about how we conduct ourselves to reach out, engage people in the public to help serve our city. your ideas, your engagement with us, you're aligning where we want to go to make the city a greater city is really the essence of managing a city. and i've learned that in many, many years of being a public serve ant, being an advocate to make sure the city represented its own diversity, of using that diversity as our strength, and going forward each of you are being asked to serve on extremely important commissions and bodies that i fully, fully respect. from fire, to transportation,

to people handling billions of dollars in retirement, to our arts, to our health, to just getting permits out so that we can help people be success in this city. all of you are part of that. i just happened to address several hundred people this morning at a breakfast to talk about the health of our city. and part of that discussion was not just the health care programs that the country is heading into. it's also health means are we doing everything right for people? are we building strong communities? are we building neighborhoods? are we giving people the foundation in which they can invest to create a family, that they can have hope for their kids? all of you are part of that agenda, and every decision that you make and the people that come before you want to feel the hope and the foundation that this city has. and, so, i want to thank you, each and every one of you, in

your various capacities that you will take on, that you help us be a better city, be a more compassionate city, a city that will help me build more affordable housing, create more jobs, sustain the job situation that we have, to make it ultimately a city of hope for everyone. that is why we emanate our name of the city of st. francis. we have to be of hope to everybody. not just in america any more. we're a city of immigrants as well. so, your commissions also have to have a viewpoint that we are a world class city and we are a city that everybody, the whole world looks at to establish what are good economics, what is fairness and equity, and what is excitingly ip ~ innovative as a world class city. thank you for stepping up. if you would now stand up, i

will provide you with the oath of office. and if you'll please say each of your names individually as i begin. and then at the end, you will jointly say that the bodies that you are about to be appointed to. please repeat after me. i... i... [speaker not understood]

>> do solemnly affirm >> do solemnly affirm >> that i will support and defend the constitution of the united states and the constitution of the state of california >> and the constitution of the state of california >> against all enemies foreign and domestic >> against all enemies foreign and domestic >> that i will bear true faith and allegiance to the constitution of the united states >> to the constitution of the united states >> and the constitution of the state of california >> and the constitution of the state of california >> that i take this obligation freely >> that i take this obligation freely >> without any mental reservation >> without any mental reservation >> and for purpose of evasion and that i will well and faithfully discharge the duties upon which i'm about to enter such time as i go to office of...

>> [speaker not understood]. >> [speaker not understood]. >> art commission. >> for the city and county of san francisco. congratulations, thank you very much. [cheering and applauding] >> thank you. thank you, everybody, for being here.

>> thank you very much, we are in a construction site. and the work is under way, we want to make sure that we not only celebrate, but celebrate safely, but i am here to welcome you all in the morning, and thank you so much for coming my name is ed riskin and i am the director of transportation and i could not be happier to see all of you here today to celebrate what is pretty a tremendous milestone in the advancement of phase two of muni light rail project, otherwise known as the central subway, it is really just such a tremendous effort, and a cap stone of many, many years, and for some of you decades worth of work, to get to this point.

certainly something worthy of celebrating. we have got a lot of people who in one way or another, themselves or through their organizations are a part of how we got to this point i just want to acknowledge some of them. besides the people, some of whom you will hear from that are up on stage including on you mayor, members of the board, the supervisors members of the sfmta board of directors, we also are pleased to be joined by our lead federal funder, of the u.s. department of transportation administration, and leslie roger and give him a hand of the regional administrator. and he is the one that started delivering that big check to us. back in october. i don't know that he is here and another important partner and we are sit ng his right-of-way underneath the structure, cal trans, region

four director bj sartepi. we also have one of the central things that the subway does is bring connection to the transit including the upcoming high speed rail. so we have ben from the high speed rail authority, let's give him a hand, thank you for being here. we have a number of the our communities supporters as well, karin floods from the union square bid, very strong partner and they have been putting up with us as we have been working through her neighborhood, carlin diamond from the market street association. cathy, and andrew from the (inaudible) cvd and jim lazares that i was just talking to and he is already working on the next phase and we have the china town and many of our china ton including in the front row miss rows pack and mr. gordon chin. and we have a number of members

of our community advisory group for the central subway. people who have volunteered their time as everyone else just mentioned has year after year to suffer this project through to make sure that we are doing it well and doing it right. and finally, there is a lot of leadership and support from the communities, from the federal partners and from the government and from city hall that makes all of this happen, but at the end of the day, everybody has to drive this project forward and so i want to acknowledge the subway director, john sungi, since 2006 john has been working day and night living and breathing this project to make sure that it happens, i think that he has a central subway tattoo on his arm. i think that the tunnel manage machine down stairs has spent more time with tom than his