auction the next day if even though she made a payment the day before. she is now still in negotiations with wells fargo. they are not negotiating with her. she is waiting for weeks at a time to try to hear something. we try to stop her conviction and have her home resend it. her case highlights this process where homeowners are often in limbo, often waiting. we will send in paperwork for seeking assistance. maybe sometimes have hope of it, yet too often have been snatched away and often without their knowledge and last minute. it seems like this due process ps is clearly something that is needed. i think the last of faith -- lack of faith at this point with people i've talked to with the banking institutions in this country, something we need to

continue to address to and fear and how to create new programs to figure out how to create families in new homes. as the six families who have been hard-hit by this crisis. thank you for your work and let's keep pushing. thank you. [applause] >> thank you. are there any other members of the public would like to comment? seeing none, we can close public comment. >> thank you. public comment is closed. we had two hearings, and then before us is action item number5, the support for state and federal measures to protect homeowners and a special of activities and santoses go. in conclusion, supervisor? >> al qaeda actions would you like to take? >> i think they are related -- i

would like, if the committee would like to entertain an amendment that would essentially at a result, clause that would call upon the comptroller to conduct a forensic audit of the foreclosures that were the subject of the review by the recorder. so essentially the audit would be more in depth and would include all of the foreclosures, not just the 282. our colleague has urged us. is there a motion? supervisor cohen. >> i want a clarification exactly what you believe you will be getting from another report on this item. >> what we heard from the district attorney was that they

have not been able to really use the information for the purpose of actually deciding whether or not to pursue a criminal case with respect to any of the 382 cases that were looked at. from what i understand, without putting words in mouse, is that what they are recommending is that the audit be conducted -- instead of just a review that happens, a forensic audit, which would be the kind of audit, in terms of its depth and detail, that a district attorney's office or a city attorney's office would be able to use for purposes of criminal action or civil action. it would be a more in-depth review, not only of the 382 cases, but also of the remaining 21 or 20 -- 2000 cases

that were not looked at. i'm sorry? 2400, i am sorry. >> if i may, i like the idea of -- i wonder if it is possible to discuss in terms of the scope and then bring that to the full board as a result clause amendments. i think it is one of the best suggestions that have come out. >> i am very supportive of this as well and i look forward to the communication between the comptroller's office. are there any other concluding remarks.

>> i would like to thank all the members of the public who are here. thank you for your patience to speak and for speaking in a timely way as well during public comment. i want to thank the department for being here and sharing their work. clearly, we have a long ways to go to be able to put teeth on measures we can propose here at a local level that can protect consumers, households against foreclosure, and i look forward to working with everyone on that. when it comes to work in my office, there are two things i am working on related to our hearing for item number four. that is -- i am working on reckless -- i am working on legislation. one is tenants who are -- homeowners who have been foreclosed on. protection rights to stay in their homes. i am looking on his supporting

that. i can assure the people do not have to face evictions, they will be able to stay home if it is taken over by a bank. i am looking at that with the city attorney's office right now. i am also looking for ways we could apply to ensure that, when there is a change of title and transfer property during a foreclosure, that we could actually apply the real estate transfer tax to banks that are currently not paying a tax when there is a foreclosure and the transfer of title. currently, our transfer tax provides a britain exemption for banks in those instances. we are looking at howthose are m looking at. that is the strategy that we will employ a. i look forward to developing a working relationship with the

community-based organizations end our stake departments to ensure better coordination and greater resources so that we are supporting consumers in households against foreclosures. we look forward to working with everyone on that. when it comes to hearing number 4, we can continue to the call of the chair on the resolution and would wholeheartedly urge your support to move forward with a recommendation from committee. >> thank you. >> much in the spirit of the work that supervisor avalos is doing, our office is also looking at matters to address the foreclosure issue. there will be more information coming. probably on tuesday. >> supervisor wiener.

>> i want to thank you for calling the hearing. it is useful for everyone to get into a room together. i will be voting for it today. i will be voting for it when it comes to the full board. we take time to talk to comptroller before the request. i have no idea what it will do to take to evaluate vest. the foreclosures. that would also be the to consult with the city attorney if the purpose is to generate something that can be useful. i think it makes sense to take the time to do that. i appreciate that. the one question i have about september raise -- september 8 is the singling out of wells

fargo. this industry in general has caused a huge problem for the city and this country. some of the loans that were made and some of the practices related to foreclosures. wells fargo seems to be the largest lender in terms of the number of mortgages. there is plenty of blame to go around. you listen to everybody about wanting a moratorium and supporting people being foreclosed on and supporting the state-level and national actions, it seems to me that focusing on wells fargo almost reduces the attention on the other banks. we look at bank of america,

which is not an innocent party. they abandoned san francisco and went to the east coast. compared to wells fargo that employs thousands of people and gives back to the community. that is not to discount anything that wells fargo has done. this is a problem for this entire industry. we should be having a moratorium throughout the industry. that is the question that i have. i will support whatever form comes out of committee. it will be my preference stock to focus so much on wells fargo as opposed to wells fargo being one of several banks issued. this is page one, lines 6 and 7. page 3, line 21-22, down to

subprime loans. on 16 and 17, the words especially and the locally based bank giants. that will result in a much cleaner resolution. we want a moratorium and the banks have behaved very badly including wells fargo. this does that without going after the one that is the san francisco-based bank. that is my view on it. i made my view known. i will be voting for this resolution. >> there is a resolution on the table. supervisor cohen.

>> i second it. >> he has made a motion to strike wells fargo. >> thank you very much. it has been a long day. i have mixed feelings about my personal experience with said bank with my own foreclosure. when i read the language i was uncomfortable. it was almost petty. the resolution is thoughtful and captures what i want to express. i was a little uncomfortable with the singling out of the especially wells fargo. i will be supporting best no

matter of which way we go, whether we accept the amendments or we do not. i just wanted to go on record that i was appreciate it more clean version. this is important. i would urge my colleagues to keep the in. we do mention bank of america and union battles as well. they are our banking partners as well. wells fargo is still here. that describes itself as a community financial institutions as well. they do a lot of philanthropy. we are talking about on e part of the work that is not as strong as it can be to protect households against defaults. we need other banks to help from

moving toward foreclosure. there are a bank that is based in san francisco. the federal reserve last july had penalized wells fargo at $85 million. other banks have not received such a penalty before around the foreclosure crisis. that was the reason for wanting to include wells fargo in the release. i think it makes a stronger statement. >> colleagues, can i say that i am supportive of the process of the drafting of the resolution? i understand the sentiments. and being even-handed against all banks instead of singling out one that is are locally based bank. i will be supporting the process

of the original language. can we call a roll call on the motion? >> i am not in -- critical of the inclusion of the language. i understand that i am not trying to excuse or lessen wells fargo's role or any other bank. >> can we have a roll call? >> on the motion to amend, supervisor cohen. >> aye. >> aye. >> no. >> mr. chair, we have two ayes and one no. >> the resolution passes. >> i would like to move forward with a positive recommendation. thank you.

thank you so much, supervisors for being here. is there any other business before us? item number 4, supervisor avalos has asked us to continue to the call of the chair. -- without objection, cabling item three. is there any other business before us? meeting is adjourned. thank you, everyone.

>> this is one of the museum's longest art interest groups. it was founded by art lovers who wanted the museum to reflect new directions in contemporary art. it has been focused on artists in this region with an eye toward emerging artists. ♪ it is often at the early stage of their career, often the first

major presentation of their work in a museum. it is very competitive. only a few artists per year receive the award. it is to showcase their work to have a gallery and publication dedicated to their work. ♪ i have been working with them on the last two years on the award and the exhibitions. the book looks at the full scope of the awards they have sponsored. ♪ it has been important to understand the different shifts within the award program and how that is nearing what else is going on in the bay area.

-- how that is mirror beiing wht else is going on in the bay area. ♪ there are artists from different generations sometimes approaching the same theme or subject matter in different ways. they're artists looking at the history of landscape and later artists that are unsettling the history and looking at the history of conquests of nature. ♪ artists speak of what it means to have their work scene. often you are in the studio and do not have a sense of who is really seeing your work. seeing your own work at the institution have gone to for many years and has an international audience is getting the word out to a much larger community.

♪ >> meeting called to order.

[roll call] item two, approval of minutes for the march 13, 2011 meeting. >> second. any public comment? president woo ho: minutes have been approved. any public comment? >> item four, >> please turn ofs and electronic devices. please be advised the chair may ordered the removal from the meeting room of any person responsible for the ringing of or use of a cell phone, pager, or other similar electronic device. please be advised a member of the public has up to three minutes to make pertinent public comments on each agenda item. commissioner, with your permission, i would like to make

an announcement in case we have people in audience who are waiting to see a lot 51 washington has been taken off the calendar until further notice. an item 7a, executive director's report. >> the captain and. i am sitting in for the executive director this afternoon. she is attending a symposium and is one of the keynote speakers. i have five items under her to report today. the first is related to bae. next wednesday, it will enter the port. the ship will be in dry dock for 55 days, employing over 200 shipyard workers and will generate between 80,100 thousand hours of labor. that is the equivalent of 38-48

jobs for a full year. with options to the value for repair will be 14.5 million, and that will generate additional rent to the port cough. the primary mission is to provide fuel, ammunition and dry and refrigerated storage to support needy at sea. this is the first ship of its class to undergo regular maintenance. there will board -- there will be more coming out for bid this year. the port dry dock is the only one on the west coast large enough to accommodate the size of the vessel. notably the collaboration effort with bae in the port to share the 1.5 million in dredging the base makes way for this. the central basin public waterway adjacent to the shipyard was previously not deep enough to allow ship access to

the port dry dock. the dry dock investment, plus dredging has opened up new business for the ports and city of san francisco. we're looking at the installation of power at pier 70 that will continue to make future bids on this type of work very competitive, which results in a good deal of jobs for san francisco and a friend to the port. good news all around. the second item, we are excited to announce on saturday, april 14, san francisco heritage 2012 will celebrate the historic western merchandise mart. it is now called the market square, the future home of twitter and ongoing of the finalization of market district built in 1937. it is a $1 million and mark. it will serve as a backdrop for a memorable evening. the mayor will be the honorary

chair. also, you will start to notice advertisements on the muni buses and trains. this begins the first week of april through the end of may. the new promotional advertisements will be seen on the buses throughout the city to promote the upcoming anniversary of the port, and also the 100 year anniversary. muni turns 100 years old in december, and we are celebrating april 13. more information about the anniversary will be provided to you with a small celebration after the port commission meeting april 24. and also, on thursday april 5 at 10:00, between the embarcadero and stores street, senator dianne feinstein and mayor lee will post an opening ceremony for the celebration of the real way.