one of the top free agents in the country to come out to play for the warriors, and he happens to be here, david lee. thank you for being here. you are going to be seeing a lot of this guy. he is a superstar. he brought with him these hats. what am i talking about? the hat has a new icon, a new logo. it has on the hat, the new suspended and that we are putting in today, which is now the new logo of the golden gate warriors, and how appropriate that we celebrate our regional team and celebrate today david coming on board and the new logo being released by the warriors with these new golden state warrior hats. that is why i grabbed it. that is why i'm thankful david is here.

i want to thank our leaders. i asked that scott hagerty come on up, supervisor hagerty, to say a few words. he has been an extraordinary leader on this for many years. he deserves the opportunity to speak even longer than this long winded politicians. thank you. [applause] >> thank you. i appreciate you being here today. i was almost fearful you were going to put on that have and make some sort of political statement, but we are extremely excited about david lee coming over to the warriors. i will remove two pages of my speech because of yours -- that is okay. this is the way we do it. we kind of improvised. i'm chairman of mtc and also

serve as alameda county supervisor, and i just want to tell you that the installation of this first leg is not just a construction milestone. i have in the audience today my wife who is sitting back there, who just went, "oh, god, why'd you do that?" i also have my son here, and i have been talking to my kids, and i've said what is happening here is a part of history. has been said many times that this is a part of history, but this is something we're building for future generations. many generations in the future will be using this bridge, and quite frankly, as we continue to struggle with deficits, our children are the ones that are going to have to pay the debt off, and that is something i think about almost daily as an elected official in alameda county. i think that if we're going to put our children this far in debt, we might as well give them something they can use, so i

think with this bridge, we are certainly doing that. [laughter] unless you want to pay it off. i do not know how your budget is going. but there is a byproduct of this village -- of this bridge. when the great depression came, they built the bridge, the caldecott tunnel, and as we struggle through this recession, we are actually doing the same thing. we're building a new board for the caldecott tunnel, and we are building a new bridge. not only are we putting a bridge of. not only are we in a situation in which we are creating history for our children, but more importantly, we are putting people in the bay area back to work, and we have been working, so i think that is probably the best thing we're doing for the people we represent. the team of designers for this is extensive, and we have mofford and knuckle, the construction contractors from american bridge, the fabricators from dpmc, and the project

managers and financiers from the toll bridge program oversight committee. this is a partnership between the california transportation commission and the bay area poll authority, and i know the mayor pointed out earlier that steve is here from the full authority but more importantly runs the commission. also, our wonderful caltrans director that i got to meet a few weeks ago, to find out we kind of hailed from the safe area -- the same area. earlier, some of you gave a shout out to bijon, who has to be one of the busiest people right now. everything going on in district four clearly points out that he is really earning his money. as the fellow commissioner, i want to thank you very much for everything that you do.

together, we are building a bridge that will not only establish a new standard of engineering excellence and seismic safety but also provide a beautiful landmark. as was pointed out, the golden state warriors have adopted this landmark, and we are particularly proud about that. i did call steve the day they unveiled that, as if there's any way we could get any money out of this, and he said no. he said he thinks that the taxpayers have already paid enough. so we did have that conversation. the team behind this bridge is composed of stars all around the world. the tower sections are not only designed to rigorous standards but is also built to rigorous standards and as a result is world-class. we are happy to celebrate today's accomplishment of the team so far, but we are mindful there is still so much to do. we are in a race against time before the next big earthquake hits the bay area, and quite frankly, that is what we're

working for. to win the race against time, it is essential that we all keep working together, we pick up the pace so we can get this new bridge open to traffic. please listen to this -- 2013. did you hear that? andy? ok. with that, i would like to introduce our next speaker, someone that really needs no introduction, someone helps men and women on a daily basis keep their jobs and work and do everything they need to do, and that is our ctc commissioner. [applause] >> thank you. with every objective met, we get closer to achieving our goal of seismic safety on the busiest bridge in our state, and actually, one of the most travelled corridors in america. this bridge is not only the back band of transportation for the bay area, it is an extremely important route for the entire state of california, and we see that whenever we take the bridge

out of service. it takes months of planning, and we have to literally inform stakeholders throughout the state. what makes this bridge even more special, if not crucial, is the fact that it is being designed and built, as mentioned earlier, as an icon for generations to come. it will do its job of getting people across the bay with innovative engineering, elegant construction, and architectural pinache. i like that word. until now, we have not had a chance to witness what this bridge will to look like, but as we placed the segments that have just arrived, is to become clear that california will have another symbol of its constant effort to dream big and to deliver new cutting edge ideas and benefits to society. although we have a ways to go, today, we honor the team work and effort that has gone into delivering one of the most technically challenging bridges ever attempted.

thanks to the bay bridge team, and i mean that in the broadest terms imaginable. we see that if agencies, contractors, fabricators, inspectors, and the good union class men and women work together as a team, there is no challenge that cannot be met. i want to thank everybody for coming today. this is truly an honor for me to the year, both as a craftsman and a member of the commission. thank you very much. [applause] >> i would like to introduce not only a good friend, but as you will see as this thing moves forward, one heck of a partner. mike flowers from american bridge is going to give us a little chat on the technical part of what we're doing today. [applause] >> thanks.

distinguished guests, ladies and gentlemen, after four painstaking years of planning and watching literally thousands of fabricated pieces come skillfully together, it is massive tower elements of this one-of-a-kind bridge, it is with great satisfaction that we pause in celebration of the installation of first our segment of self-anchored suspension bridge, but no matter how complete the plant, it has to be executed by people. skilled craftsmen, inspectors, and engineers that bring to light to plans and divisions of the designers, dedicated workers to whom today's spot light belongs. on this occasion, i would like to thank the department -- cindy and the department for all of its support and partnership. the toll bridge oversight committee for its leadership.

the design joint venture for its vision. the careful -- dpmc who carefully crafted these pieces together, a special thanks for the crescent ship, the professional skill, innovation in meeting the challenge of constructing this unprecedented structure. i want to echo scott hagerty's comments that this milestone, while meaningful, is but a step in the ultimate journey of restoring this bridge to seismic safety. on behalf of over 300 employees that are building this bridge even as we speak for the team of american bridge and floor, i want to pledge to you our best efforts in working with you our best efforts to complete it as safely and quickly as we can. so for a brief moment, let us

pause to recognize the accomplishments of many, but let us be ever mindful of our ultimate goal in the service of even more. thanks. with that, i want to turn the program back over to the caltrans spokesman. [applause] >> ok, i would like to thank our speakers today for their great comments in acknowledging this moment in history and all the work that has been done by the bay bridge team and basically conclude the ceremony portion of what we are going to be doing today. for those of you in the media that are going to be taking the boat trip, i need to talk with you for a few minutes, so give us basically invented to excuse everybody. those of you in the media, please stay right here. i'm going to go over the next steps we have to do to go out on the water to see this thing very closely. also, thank you to the warriors for showing up today, and taking

this icon literally on to their uniforms. thanks, everybody. one minute, media. >> this is a good news week in san francisco.ood news week in i just finished signing 12 pieces of legislation associated with the shipyard development project that has worked for word 17 years from 250 community

events to a committee hearing, to board hearings, to all kinds of reviews, and finally it made its way to my desk. extraordinary work. [applause] >> the navy decided to pull away from the shipyard. 30 years later, we transferred the first parcel, parcel a come up to a private development agency to begin the process of revitalizing the shipyard. but today, we take it to a whole new bubble. -- level. 10,500 new housing units, 33% of

them below market. 300 acres of parks that will connect the community and water from -- waterfront. it is a world-class mixed use housing development, the opportunity to put over 900,000 square feet of new retail in the sites. a new hotel will be out here, along with 2.5 million square feet of research and development

space to anchored this item. we are trying to provide a catalyst for the green technology revolution, the entire state and country, and over $83 million set aside for community dollars. we have said strong to vote for this project led by incredible work, faith, competency, and devotion for half their life. sophie maxwell deserves some credit for steering this process along to all of you here. >> thank you all for all of you have done.

we have to continue to be vigilant. yes, we have got a good plan, but we all have to be there to make sure it happens. thank you. >> $84 million will go to pay and assistance loans and other commitments, all kinds of commitments codified in this legislation, including commitments that are part of this project. community leaders, faith based leaders making this possible. i can honestly go on. it is not intentional, it is just limiting our amount of time. hats off to speaker nancy pelosi and dianne feinstein.

$515 million of bonds the government to clear up the shipyard. we are getting serious about it. 7 and $14 million has been drawn down, and they deserve tremendous credit for making that happen finally, and michael cohen, it could not have happened without him at the mayor's office of workforce development. supervisors have come and gone to help with the proposition and get voters to approve that. help us with a framework for conception and agreement.

a proud moment in a proud history, promoted and promised. we want to promote a cleaner and more sustainable future as a planet. $11 billion increases in property taxes. $6.6 billion. at the end of the day, it is about human beings and real people. branting take shape -- financing takes shape in the southeast sector. this is another thing i'm proud of that we are able to support,

and that is great, great news. also, 522.2 million, balancing the budget without raising taxes, laying off firefighters, expanding health care. we have invested money to repay our streets. this is a remarkable story, and i do not know if this story is being told and other cities, but

there is oakland, the firefighters in san jose. a lot can be done. thank you to john avalos and all the memebrs -- members of the board who have worked collaboratively to help budget get passed. it is a remarkable budget, and most notably there is a kindergarten-to-college framework that got support and the budget, allowing us to the together a savings account.

this is the first city ever to do this, and i have always believed that if you can stoke the expectation of a young child that they can go to college, their community leaders and parents will sure that expectation that everything is possible and that is what it is about. i thank them for all their great work in the private sector. thank you for the great work and an outstanding job moving

forward. a lot of good work is done collaborative would. and thank you to naval. would not be here without them. we simply could not have done this had that foundation not been laid. thank you for stepping up and contributing. this is why we're able to keep the community open, libraries open, and other health clinics open. it is because of public employees.

thank you to all of the folks that came together with this. pec, public employees committee, just did an extraordinary job. we were able to announce a 61% restoration. there would not have been cuts at the not been concessions for every other public employee.

roughly a 6% increase that pushed us back in terms of deficit. it was inevitable as a trade- off. now with the restoration, the light rail, services started from 178,000 services putting us in a pat of commitment that is crucial, crystal clear to get these things restored. we will have a plan in december to get us there and look at augmenting other lines. i'm not talking about having exactly the same service. we have got to modernize this

according to real utilization patterns and look at making augmentations. that is the commitment of this administration. 75% performance this year. new quarter numbers could put us up with the highest performance we have ever had in history. we need to raise it. so that is the good news for the week. this is the biggest

redevelopment budget in our city's history. it is a difficult backdrop and difficult circumstances. but we're working across the table for collective bargaining so we can benefit from good news and provide a little bit of relief but service cuts. -- with service cuts. a little bit of reasonable good news. have a great week.

>> the most important thing abuot this decision was the decision itself, and the words that would matter most are in the 138-page document that are processed in thea ppellate court. they did not just set out to win a lower court decision.

they set out to withstand scrutiny at the appellate level, successfully and unsuccessfully, understanding what the court is up against. judge walker set forth rules that became the foundation to which this will, i believe and hope, be appealed and adjudicated at the supreme court. i'm not a lawyer. i'm not going to profess to make the legal argument that has bee n made.

the most important thing is to get a solid decision out. not a win, but to get a decision where the arguments made are validated, and my understanding was that the points they made that they emphasized were advanced in this decision, and that is a significant thing. so i will leave that to legal scholars, but the next phase of analysis would be the argument, not just the win at walker's court. >> in terms of going ahead with preventive measures, have decisions been made? >> we have always