that portion of the event. this is a small band and they will not have anything plugged into an empty. this is a guitar in a couple of drums. >> when i am looking through the complaints, a lot of it is about the base and a lot is about electronic amplified music. wouldn't it be great for the neighbors to not have to worry about amplified music and really have the stand be the outside music? >> there is a portion that will be the band. >> they will be plugged into something? >> yes. isn't that would usually causes the problems with the neighbors and the amplified sound? >> yes. these are made based on this other event that we usually do.

those do have a much bigger sound system but this is town system and they bring them in from brazil and europe. this is like a certain quality of music that they expect. going forward, i will address that, when those come back up. this will be a much smaller scale as far as the speakers. we have talked about the conditions of having the outdoor sound permits. we should not be able to hear any of this music. we are confident that that will not happen. you should not be able to hear that sound. even with those that are really loud, it seems to be like a lot of the sound that is coming in is towards the later part of the event when there is much more people. we have a constant battle and we

will have a sound engineer throughout the whole evening. this has always been the case. the deejays tend to get at the excited. they have control of the mixtures -- of the mixers. we don't expect that. >> that was one of my primary concerns when this promoter approached us. he has assured me that this is to fill in as far as music is concerned in the patio and this will not be a big sound system, this will be like a concert style. >> where did you meet this promoter? >> i of seeing his promoter before. i have not dealt with this directly, it came to us. >> you check them out and everything?

>> as far as the general music, we are very particular right now after several incidences in the past. with everything that has been written, the owner of the building has mentioned that things have gotten better. right now, we are going through an lot of the concerns from the neighbors and this noise issue is the final issue. we have a really good rapport and -- i recognize some of the names. some of them i don't recognize as far as those who responded. we have constant communication between her and us. we have worked together pretty well. >> i have one question. when the event will move back inside, or is it over? >> this will move inside. >> when you move inside, will it be the full blown out space?

>> it will be our regular sound system which we operate. >> you will make sure it is contained in the building. >> the reason why this particular permit was brought to the commission was on the last outdoor loudspeakers event which listed july 4th weekend, we had a lot of noise complaints. the loudspeaker permit went to 8:00. most of those were after the 8:00 mark. what i did this afternoon is that i went out and with a measuring device, i measured this from the borders, not the best and we might lose something here.

it is to get an idea of where these people live. this is where the cafe is. that is where 250 feet will wind up. denise is here on the dock. that is where she lives. she is complaining about the noise about a block away. we can get some more noise complaints from the people that live on minnesota street. i don't think any ofi nothing te complained today about this matter. another complaint was from 601, minnesota. and then one man complains about the noise, and all of the violence.

this is the apartment building off the map. i am neutral on this permit. the permit that we have is we go to the visit the noise problem. i know that denise is always very vocal about this, and always makes their concerns known. something is just not clicking here. we are detailing what 250 feet maine. -- mean. this is an issue, and this is an issue that needs to be figured out. and also, this is where the residents are at. these buildings close up at night. they have problems keeping this under control.

>> thank you. >> use of the last complaint was from july 4. >> july 4, we had the july 4 weekend. and maybe this was the second or the third. this was sunday evening. >> do you know how many complaints that you are getting, in general? >> particularly, we had a couple of calls -- to the non-emergency number. there were from two different people. but this goes on quite often. i think they have the feeling that they should say that nothing will happen, anyway. i think that this is something to be considered. >> i know that you cannot rule

on this, tonight, but directing the staff is what i am after. you have the conditions that may be the most helpful, and i ask for them to come up with some possibilities that will include, what do we have? this is still not enough. and so, maybe he can throw some ideas during this game. >> this may be there in set of conditions because this is going to be something that will fall back to the staff. the issue with the conditions that are not. this would be helpful. >> i am comfortable with that, but i would caution the people running this that if this blows up, you will not see much cooperation out of me in the future. you have to set your own future

with how you handle this. and you have to follow the guidelines of the staff. >> this will be my first test as a new commissioner and i am not willing to go to the fire, especially if you had all these other problems. and you said how at the end of the knightnights, the dj goes u. i know that you can set of volumes so that they cannot push this higher, so you do have control over what they will do. you can put a block as to how high this can go. and you can take responsibility for that noise. you cannot say that they are responsible for this. >> ok. and is there any public comment? this concludes the meeting. >> you have to admit, yo uget

paid a -- you get paid anyway. >> and thank you for coming in. >> here to introduce major -- mayr ed lee is the executive

president for wells fargo, our title sponsor today. michael is responsible for wells fargo's san francisco bay area region. 2600 team members. 139 banks stores or branches and more than $31 billion in deposits. michael is a longtime bay area resident focused on the bay area economy. wells fargo is leading the way. please help me welcome him to the stage. michael. [applause] >> thank you and good morning, everyone. it is my great pleasure this morning to introduce our next speaker, mayor ed lee.

since taking office in january, he's made tremendous progress in a short time. he's been dedicated to preserving san francisco's dynamic work force and the creation of new jobs, which i know is important to this audience. is committed to affordable housing and education and worked diligently to close the budget deficit. his experience and dedication to san francisco are irrefutable, having spent over 22 years in public service. at wells fargo, we share the mayor's commitment to san francisco. we are one of the oldest companies doing business here. we're the largest private employer and one of the top corporate philanthropists in san francisco. wells fargo, the san francisco chamber of commerce are honored to have him here today. please welcome mirkarimi -- mayor ed lee.

[applause] mayor lee: good morning. all right. it is great to be in the city of san francisco because we are doing everything right. i know they only gave me 10 minutes this morning. i could probably talk for hours about what we're doing in our city to make sure it is economically strong, but finally have 10 minutes, it is going to be about jobs, jobs, and more jobs. [applause] that is what we have to do in this city. i want to speak on the state of our city's economic climate. in order to have a city that is, as you have heard me say time and time again, that is safe, solvent, and successful, we need to invest in our residents, in our businesses here, and in our city. that is why jobs and our business climate are the top party is that my administration will continue to push very hard. that means creating and retaining jobs and creating the conditions for businesses to

start and grow and prosper in our great city. today, san francisco's unemployment rate is 9%. while that is the third lowest in the whole state, we can still do better than that. i would like to turn that 9 right on its head to a six. that is where we need to be right from the start. the good news is that san francisco is resilient and we have proven that we can compete and win business is even in the most toughest economic times. we are home to over 550 technology companies. 74 life sciences companies, and more than 200 clean tech and green businesses. our growth is very steady. that is why i'm happy to be here this morning to share the stage with wells fargo and the chamber of commerce and again, to compliment wells fargo because i

see them all over our city along with creating businesses and jobs. it is not just about making money. it is also about how you use that money to improve lives in our city. that has been my philosophy as a non-politician, to make sure that everybody's investment -- there is not only a return on that, but that investment is also in the quality of life for people in the city. i will continue making growth and success of our technology industry. central market payroll tax exemption. we pass that in april, and now look at twitter. they are spending their $15 million. to retrofit the furniture market, and permits are already being drawn. so you have the anchor right in front of you being created on

central market. we passed the stock options tax exclusion, and working with the board again, just like we did for the payroll tax exemption, working closely with the board of supervisors, making sure they all understand the value of making sure that our technology companies have a chance to grow in this city and making sure we do not punish job creation, making sure that the stock options was something we paid attention to, that all these companies that are turning the corner on their growth have a chance to succeed. we are meeting with ceo's of technology companies. every other week, i have a meeting with one of these ceo's. a new name -- the ceo of zendesk. we just opened their office on 6

and market just last week. as they opened, they announced that they are growing from 80 people to 150 by the end of this year. they are the very first company to take exact advantage of applying for the payroll tax exemption on mid market. then, they hear on the very same night almost, two nights later, the he joins marc benioff in raising funds for the new ucsf children's hospital and donates $1 million just that night. that is a wonderful contribution to our city. the commitments being made from the tech companies to be part of this great city served as an economic foundation for our whole approach to welcoming technology companies. in addition to twitter and

zendesk, we have autodesk. i have been meeting with them every six months because every six months, i think they are going to expand another 25,000 or 30,000 square feet. he wants to expand the product he has with the new three- dimensional use by literally everyone in the entertainment industry as well as the building industry, making the product completely successful. that adds to zynga and mozilla and all the other tech companies moving in, so i am convinced that tech -- san francisco remains the industry leader. of the 4.6 million square feet of office space that was least in the last eight months, in 2011, 1.6 million square feet of office space was leased by

technology firms alone. these include twitter, zendesk autodesk, dropbox and kabam. technology is also an important driver in our economy, not only with the technology companies that are moving in, but also the biotech, the clean tech, and the retail. in fact, if you heard yesterday, it was really need to open up the very first of a company that is using again arts to help build their business, and that was heath ceramics. do not know if you saw that. we opened that in the mission area. 35 employees will start there in

a model of months. they will be making their decorative ceramics that have already shown up in places like sf moma and some of the very beautiful ceramics they have to display, but also dinner were showing up in places like slanted door and some of the other places that are very first class industry. they will be manufacturing that very clay products, particularly the decorative ceramic right here in san from cisco, hiring 35 employees to do that work. again, in addition to the technology companies and some of the blue-collar companies that are moving in, we also have -- just this july, we introduced an announced china synergy in our

inner solar solar conference -- we announced they are moving in, a major chinese solar company firm decided to locate their north american headquarters here in san francisco. this marks the sixth china solar firm in san francisco to locate here. in addition to that, pfizer center moved in. they are occupying 11,000 square feet, but they have committed for the next five years to work with ucsf, the wonderful relationship we are establishing with them. they are committing up to $100 million in joint projects. that is pfizer. bayer health-care similarly. they are collaborating with ucsf and started opening 50,000 square feet. tiyoga energy announced their headquarters move from silicon valley to our financial district. then, you may have heard a few

months ago, we opened a target at the new metric on. in may, i broke ground -- actually, i took a sledgehammer and hunched a hole into a wall because that is going to be a project that creates 1300 jobs in our city, generating $4.4 million annually to our local economy while bringing in not just target but 20 new businesses in that center. of course, you may have heard that we open up the second fresh and easy store in bayview. that started and open up just at the end of last month, and it is their second store. first one was in richmond, and these two stores will serve their communities, but the nice thing about -- in addition to their healthy food that they are serving -- they are doing the right thing by hiring locally. the fresh and easy store in bayview -- 72% of their

employees are san francisco residents. that is a wonderful contribution to our city. also want to thank china sf. that was something rapid ga -- that favin new -- that gavin newsom created. i want to thank him because he started many of these programs that i get to help out with. this was one of those because it helps us have a direction and a presence in the developing country of china and make sure that our offices in shanghai and beijing were successful in recruiting not only the seven solar companies -- the five solar companies that are here in san francisco from china, but they are part of some 13 companies that have already located here of different industries from china. it really makes sense that we recruit. at the same time, while locating

tiny companies here to open their markets and least our office space and create their out -- and growth, we are introducing u.s. companies to china in the very same fashion. we will be announcing a trip shortly, hopefully by the end of this year to bring over a number of great san francisco headquartered companies to make sure that they need their counterparts in china. of course, tourism continues to be our very big number one, but a lot of the other industries are closing very fast, for very good reason. still, $8 billion infusion every single year by our tourism industry makes our city very focused on this industry. just this past week, last week, dream force was in town. 40,000 people registered for that convention over four days. they are growing so fast, we had

to give them howard street. they are going to take over howard street yet again next year as they continue to grow, and guess what their economic impact was to the city for that four day conference. $43 million in four days. they busted out some 48,000 units of hotels during that time for their guests. you can see them all over the place. it was a wonderful contribution, and we are continuing to do that. that is also a reflection not only of the strong tourism convention that we have, but we are smartly investing in the upgrading of mosconi center. that is a $55 million decision we made about a year ago where smg visitors convention bureau, our travel agency working alongside with the newly formed tdi -- the tourism district investment that we have there, raising money to invest in

upgrading of mosconi center, which had not been upgraded. now, it has new movable walls, new bathrooms with icons or pictures of all of our city to welcome in and make sure the experience continues to be positive. our tourism sector is set to grow also with america's cup. 34th america's cup beginning actually next year and culminating in 2013. the initial projections show that that event will bring in 5.5 million visitors along with over $1 billion of economic impact to our city. we will continue to make sure that america's cup is focused on organizing on four basic principles -- resourced efficiency, environmental sustainability, strategic adaptability, and a positive legacy that whenever we do has a

longer term out, and benefit to our city. everything from the environment to transportation, to moving people around, to making sure even the way we pick up trash and the way people behave will be long lasting legacies for them. along the area of development projects, last year, working with the board of supervisors, we approved a development of over 5 million square feet of commercial space. 24,000 new units of housing. that, combined with all of these projects, will bring 14,000 permanent positions and 4700 annual construction jobs to san francisco. these economic impact our in addition to $650 million in public benefits that go towards affordable housing, street improvements, and transportation infrastructures. this unprecedented level of growth comes from just three projects -- treasure island,

hunters point shipyard to candlestick point, and part merced. as you know, we are making sure that treasure island gets of redevelopment -- making sure that treasure island gets built, despite the obstacles in redevelopment. that means you will have 18,000 new homes, 300 acres of parks and open space, and the project will be built out in four phases, but it will end up supporting 10,000 new construction jobs. in the hunters point shipyard and candlestick, we got a great lift last week when hud and the neighborhood choice program came into town and announced significant in reflection of the way we have done this project, the $30.5 million grant to alice griffith. that was a wonderful shot in the arm and confirms again the vision that gavin newsom started

and i get to help make sure gets done, every mayor since that time has made that commitment. we get to see it for like being carried out with the residents living on that site and working to transform their lives in a positive way, and of course, parker said. i think the first and we created increase density on the city. guess what -- over 55 new homes, 300,000 square feet of commercial space will be added, completely through private investment, and reflective of the faith we have in the 1500 rent-controlled apartments will be rebuilt with an unprecedented level of protection to ensure the rights of existing tenants. that project will prove to be a