>> thank you. i appreciate the opportunity to be here speaking in support of this desolation. i would like to stress the reason that my company changed was to legally protect our commitment and 10% of our gross profits being tent -- being donated to charity. a huge part of being a california benefit organization means giving back to the community. another reason for this legislation is to make sure that there is adequate protection for nonprofit lbe's who are worthy recipients around these contracts. this legislation is in alignment

with the commitments to the business and a strong statement of the types of businesses in san francisco that they want to recruit and do business with. lastly, encouraging more businesses to consider the type of impact they have had as a corporation in giving back to our community and shelve -- shareholders. thank you. >> thank you, supervisors, for allowing me to speak. i wanted to talk quickly again about the advantages as an employee plan working in this organization. i know that amongst youngsters, working for companies that you have a motive with and are more aligned with, it is a great

opportunity. for me, personally, it is like be -- it is why i came to san francisco we wanted to encourage this moving forward. i am fully in support of the legislation. thank you so much for your time. supervisor chu: thank you. >> my name is andy and i am the director of community development at b lab. we have a few employees that were here earlier but had to leave because of time constraints. small businesses, primarily minority-owned, i have made contact with theresa sparks and

want to make sure that it is known that this is a dual effort to evaluate impact and make it clear that this is -- i do a lot between the organization. especially with the private sector. it would be a great opportunity to see how there is a line in. supervisor chu: thank you. -- alignment. supervisor chu: thank you. >> on your mark -- ♪ on your mark, cassette, go, you will make sure business dream come true and you will do it -- you will do it with a benefit discount and make your business dreams come true.

there is nothing business you must try. they have not heard the word impossible this time. taking the discount and workout in the city. ♪ supervisor chu: thank you. >> was that the theme song to alice? think it was. my name is david. i live in california and am in the process of starting a new unit co. in san francisco and i learned of the corporation last week, from antique, who had been quite intrigued by it.

we are in full support of the legislation, the wilmot benefit us, we feel that pretty much like the u.s. green building council, it is a worthwhile effort. thank you. >> thank you. on behalf of better world telecom, i work with them in their corporation. i definitely appreciate your efforts made to protect the local community to protect jobs. i feel like the certified benefit legislation is something that is going to help business-. i feel that my interests as a local businesswoman are being held up.

i wanted to thank you for your time. supervisor chu: thank you. are there other speakers that wish to comment? seeing no one, public comment is closed. ins we have a motion to except the amendments. taken without objection. to the underlying item, colleagues? supervisor avalos: motion to move forward. supervisor chu: we have a motion to move it forward as amendment -- as amended. speaking to my vote on it, regarding public comments made earlier to benefit corporations in the public call for private companies to help the board with our summary of the and jobs programs, i hope that the folks in here -- who are year today will go back to the corporations and find out his list interested

in participating. i want to reiterate that i completely agree with the speaker in the hope that happens. in one area and other public speaker spoke to it. how benefiting corporations would be certified. understanding better than letting a digest, a charge he would have to look at the rules around this. that is a legitimate concern. it would be an area where i would like more follow-up work. with regards to benefits of

being conferred to san francisco, i know that is something i have brought up and that members of the public were going to volunteer organizations. it would be great if those contributions made it to the nonprofits were struggling. that is where my hesitation lies in the legislation. that being said, the areas where the improvements for the made a difference, the fact that we do not have additive discounts is important. i appreciate and absolutely think it is important that we have not had -- edged out local businesses. i appreciate the language that the supervisor spoke of in previous meetings, making sure it is not a subsidiary

organization, especially given help they came into play here. protecting regional employers, having a discount of this sort edge out the regional partners, i appreciate that work with regards to the expiration, which gives us a real good checkpoint to look and see if the program is working based on changing definitions. i really do appreciate those movements. because of those reasons, i will be supportive of the legislation. thank you for making those changes. i know we have seen a motion to send the item forward, but before we do that, supervisor avalos?

supervisor avalos: i wanted to thank the supervisors for his work in the committee. we are early in the process of corporations grafting or brains around this ordinance. i appreciate that. supervisor chiu: colleagues, i very much appreciate your support in this process. the legislation that we are looking at today looks very different from the legislation last year. i want to take a moment in thank the budget analyst. mr. rose, your office made a lot of suggestions that we inc.,

including having them be responsible for many of the regulatory issues around this. certainly the chairman's suggestion around the most efficient way being open to possibilities in the future of doing this even better. one issue that we came up with, i know that this was whether we were conferring specific benefits in san francisco and not one that we would be able to leave with. that being said, i think that stating that a non-san francisco benefit corporation or non- regional verses a regional company, that would be

reasonable proxy to consider the impact of local businesses here in the bay area. i certainly, with reviews of this legislation every six months, but hopefully over the next few years we will have a good picture of whether it has the intended effect. because it was raised by the first speaker in public comment, it was important in this legislation will not impact and we should be able to do more to think about how local business enterprises can flourish. they will not receive a discount if it would cause them to lose a particular bit. i am very committed to working with the community. i know that the supervisor is looking at this to figure out

what we can do to streamline our process and making sure we can get what we want from disadvantaged communities in order to be competitive in the initial process, of which is a long-term perspective. with that, colleagues, i very much appreciate your support. supervisor kim: i wanted to briefly thank the author of this ordinance today. both for your flexibility and patients. i am actually looking forward to seeing the outcome over the next few years. i thought that it would be evaluated as we went along. but the changes to the amendments, hopefully we will be minimally impacting the ability

to retain contracts here in the city. i would be more than happy to work with the supervisors' committee to see how we can work with local businesses and disadvantaged communities that are able to benefit from city contracts here in san francisco. a think it is important. particularly along with philosophical values here, that type of work with our local taxpayer dollar. supervisor chu: colleagues, we have a motion to send the item forward. as amended, without objection. thank you. are there any other items before us? >> [inaudible] supervisor chu: thank you, we

are adjourned. >> everyone deserves a bank account. in san francisco, anyone can have a bank account. everyone is welcome, even if you are not a u.s. citizen or have bad credit. qualifying for a bank account is

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no longer a problem. >> great, thank you. >> even if you've had problems with an account in the past, or never had an account, or in not a u.s. citizen, bank on sf makes it easier for you to have an account. >> it gives them no option but to go to a check casher. >> to find the account that is best for you, just follow these three easy steps. find a participating bank or credit union. call 211 and ask about the bank on sf account.

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savings, money markets, certificates to people who might not be able to get account anywhere else. even if you that a previous bank account at another financial institution, we could still open an account for you said you do not have to go to a check cashing place. >> to help manage your new account, you can enroll in free educational services. just visit the website. >> there are many benefits. it is the one stop shop for all of your financial questions. >> with services like financial education classes and meetings with advisers, the smart money network makes it easy for you to learn all you need to know about managing savings, investing, and protecting your money. the network offers access to hundreds of free educational programs. just to fill out the quick questionnaire.

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mayor of san francisco is here to address us great mr. mayor, thank you so much from taking time -- is here to address us. mr. mayor, thank you so much for taking time. >> welcome to san francisco. thank you for meeting here. the northern california mlu that you have before you charts ecorse of our caltrain -- charts a course of our caltrain corridor. i just want to give the nod to the empty seat -- mtc for putting this together. in san francisco, we consider caltrain to be the transit

spine that connects the city to san jose and san francisco to silicon valley and all of our partner cities. caltrain electrification has had a broad regional support for many years. caltrain is the most important thing we can do for generations to come. here in san francisco, i am working hard to make sure we continue to be the innovation capital of the world. cities across this country and other nations are looking at its cities for solutions to everyday problems. transit is our number one concern because we are a growing economy. we cannot increase roadways and airport runways there. that will not be a part of solutions for the future. you have a good solution. it is going to be affordable, it will be faster, and it will be better.

i want to welcome you. as i came here this morning, i ran into a lot of great people. i know they represent a lot of generations of people. i hope, as i think many of you do, i hope to see the trains pulled through all the way from los angeles to our valley, through our peninsula all the way to our transbay terminal. thank you very much. >> thank you, mayor. [applause] i also want to recognize, i

appreciated the way you and your staff reached out to ensure that our business plan we are looking at today fully incorporates the service all the way to the terminal. and does not push that to the back of the line. we have tried to embrace that. you certainly have represented the people of discriminative very well. we have tried to listen to that. >> i do not regard myself as simply the mayor of san francisco. i want to be a mayor that works with all the cities that are also concerned about the way we do this. we will exhibit our collaboration with them. >> thank you. >>

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