maintain their investor confidence, allowing them to innovate, to grow and to create jobs. and whether they are a neighborhood or a small business or an international clean tech company or new technology company, they've got investor confidence in our city. we're also creating investor confidence because we have in working closely with our controller and all the other financial organizations of our city and all of our departments, we're now on a more financially stable responsible path. we've done our pension reform, it's not 100 percent, we've gt a big chunk of it down and we're going to continue doing the smart things to make sure that pension is solid. and we've got structural reforms in our budget as well. we passed our first two-year budget. that's a wonderful accomplishment, one that i'm interested in to continue it make sure we plan for the long-term. and we're not going to rest on today's success. this is just a beginning and you know this

is just my first year, 4 years, and i'm going gang busters on our financial economy, stablization and financial ideas because that's what we have to do first, is have a good economic foundation in which to grow. for the first time in years you've seen a lot of unity move around this city between business and labor, between the laib and the board of supervisors. we've all come together to tax reform, on housing, on fixing our parks and open space. we've got this year coming together in unprecedented way to put these issues on the ballot before the voters and make sure it's the right time for all of us to be smart, to make long-term investments in housing and in parks and it is time to do tax reform. together we're putting people back to work, building our city at the same time and now the tax structure has to be addressed. a lot of people keep asking me, what is this tax reform?

it's kind of complicated. and i tell them it's about real people, real businesses and real jobs. because it is now that we're the only city in the state of california that's got a payroll tax. we're still taxing job creation, opposite of what we've all wanted to do many if not most of you have complained for years, why are we doing this to ourselves? well, i'm happy to report that we're long last at reforming our business tax structure. we're going to stop taxing jobs and we're going to help companies large and small start here, stay here and grow right here. and we need to protect existing jobs at the same time we spur job creation. in our consensus measure we'll generate new revenue for housing, for economic development and critical infrastructure like our roads and muni, investments that will help our workers and our businesses.

and because we are growing and a vibrant economy we require a growing and diverse supply of housing. so we need a housing trust fund. that's proposition c creating a permanent fund to fund housing in san francisco we'll be sure it's a vibrant place for everyone to live, diverse backgrounds and diverse economic spectrums. i remain committed to stabilizing and increasing middle to affordable housing which will create jobs and make sure people and families can stay in our great city. diverse interests do come together to make sure, after years of debate, that we have a long range sustainable plan to fund the supportable housing mandate for its production increasing home ownership and stimulating market rate production as well. and we need to continue to invest in

our infrastructure needed in our city so that quality parks and open spaces can be the attraction for residents for generations to come. in san francisco we're pretty unique. we love our parks. we love our open spaces. and we need them to continue being a world class city. whenever i go to companies and have a chance to talk to employees, they marvel at our open spaces. that's why we've got proposition b, 195 million dollar investment that will not increase your property taxes. that's what gavin newsom assigned me to and i worked hard to accomplish that. we don't fix it today, we're going to pay for it in the long run, our aging infrastructures

exacerbate existing costs, we know that, and that's why we have placed a great amount of discipline in our all city assets. when we do this, we've shown we can build our assets and maintain them on time and within budget and for our parks bond as an example, the 2008 tax bond, all of them came in under budget or at budget and certainly on time and this means this new $195 million dollars will provide nearly 1300 new construction jobs. that's how we get our city moving. and we're not going to move backwards. we have to move forward and i want our city government to move forward at the same time. something that i had hoped not to see on the ballot, an effort to tear down our hetch hetchy and question whether and where we would ever get the cleanest water this country has from the hetch hetchy source. i have

said over and over again this dangerous and misguided effort, it will be disasterous for our economy and some people out there are sulgting we can tear down this dam and still get enough water for our residents and businesses and i tell you, that's simply not true and it is insane. (applause). now, that's what's going on. what about looking forward? since this is a breakfast, to look forward. major development projects like forced cities 5m project to preserve the ionic chronicle building and preserve 4 acres of underutilized parking lots and industrial structures into an urban mixed use campus, we are getting that done. the muscone expansion project will assure our convention center remains a linchpin of our

city's tourism sector and you know we have world class tourism in this city and by expanding the muscone center, we're going to capture a market that has been waiting to come to san francisco and not to other sin cities. i've talked to a lot of people and they have slogans like what stayness someplace happens in someplace, happens in someplace and stays in someplace. whatever that is. but you know in san francisco when we hold conventions here and get all these great technology kupb conventions we're having, we want the whole world to know about it. we have nothing to hide. so we have a different slogan. along our waterfront, mixed use developments are being planned for seawall lot 337 and pier 70 that will create vibrant neighborhoods and in just 5 years we're going to welcome home golden state warriors here to san francisco.

(applause). thanks to the vision of joe lacob and peter guper and pete welch, this derelict pier we've been challenged with for decades, pier 3032, is going to be transformed into an iconic pier between at&t park. in working together we are developing area plans that will shape our city and our city's future for years to come, from the transit center district plan, anchored for the new transbay center which will provide space for 27,000 new jobs, 4,000 new housing units, a thousand new hotel rooms and 12 acres of new open space, from that center to the central corridor plan which will expand the south of market area hub,

creating spaces for 30,000 new jobs and over 10,000 new housing units, we are diligently working hard on this creative planning for jobs for our future. and we're going to execute these plans consistently with our city's values. we need to make sure that our businesses and our commercial districts are places that welcome everyone to live, to work, to shop, to eat, to have fun. we need to make sure they are pleasant, they are walkable and that we can arrive there and they are active around the clock and that they are green and the newest way of getting around the city is go rent an electric scooter and share in the scooter economy. and then we'll need to roll up our sleeves. we're going to need to get it done. i'm all about getting it done. i take these bold plans that were born out of our city's value and i'm

going to make them happen. i can think of no better example of us working together, as judy mentioned earlier, than to bring about changes on central market. last april we passed a pay trowel tax exclusion to encourage twitter and other companies to take a second look at the neighborhood and i was just at one king's lane yesterday, which is one of the newer entities that moved into the what we call the twitter building now, and they are excited. you should meet and see these employees. they are excited to be on central market, they are talking about their families, the schools and what they want to do and just a year ago there was only less than 100 of them. today there are 300 and they expect to grow fabulously. look at what else we have accomplished today along central market. 8 technology companies have occupied, leased or purchased more than 800,000 square feet of space,

representing 3,800 new jobs. there are 3,300 residential units under construction and all of you can see that from 10th and market now. we have 5 new performance and gallery venues that have opened in the past year with 4 more in the pipeline including act's renovation of the strand theater that they will renovate into a 300-seat theater. we have 8 new small businesses that opened up in the past year in mid-market as well as two expansions of existing storefront businesses and more are on the way. in central market and throughout the city, san francisco has created an environment that embraces and celebrates innovation. innovation is not a significant driver of economic growth, but it enables us to tackle some of the most long-standing problems and historic challenges that we face. that's why i continue to support and promote innovation

in both the civic and private sectors to create a better san francisco. and with all of these technology companies that are moving into the city, we need to make sure that our work force is trained and ready to fill these positions. to do this we have launched tech sf with an $8 million dollar grant from the department of labor that will provided case, training and job placement assistance in the tech sector. whether it's for young people coming out of high school or college or people retooling in the middle of their careers or are returning our veterans who want a chance to work in our technology industry, we're working hard to ensure san francisco residents have the skills, the training and the opportunities to work in these jobs. this is a critical step to making sure that the recovery and the economic prosperity reaches every neighborhood in our city. technology is not only bringing jobs to san francisco,

but it's bringing new solutions to our government. we're embracing the use of technology and to enhance our performance, to measure our performances, to increase transparency and communications with our constituents and to transform our relationships with business and residents. many of you in this room already know how hard it is and how difficult it is to start a business in our city. business owners have to navigate through multiple city departments, state and federal regulations, so now we're deploying technology to streamline this process. we're going to make it easier with a one stop shop to make sure our san francisco businesses can start here, stay here and grow here. innovation is at the forefront. let me mention a special area of innovation that's going on, what i call the silent giant in san francisco. you'll have in front of you this study. it is

entitled from our council the world-leading center for health care and research that's produced and it will allow you to see how our medical industry is a 16.7 billion dollar industry for the city and county of san francisco. 16.7 billion dollars. it employs 100,000 people in our city, and because of that sleeping giant, i am going to be creating quarterly meetings with the medical council to make sure that i support their research, their scientific discoveries and help grow this industry. because, by god, in our lifetime, this medical industry, this research, their association with ucsf, are going to create the solutions for the world in cancer, in arthritis, in autism, in all the diseases that have plagued us for many, many years.

we continue it look forward to ways to showcase all of the amazing and creative and innovative things going on because we are in san francisco the innovation capital of the world. we have even declared the month of october not just orange playoff month, larry, also innovation month in our city. and so october we've opened up many, some 75 technology companies from central market to soma, are opening up their offices and many people walk in, letting people exchange ideas and see how these companies are run. we're very proud of that and we're going to continue embracing innovation for our future. ladies and gentlemen, chamber of commerce and center for economic development, this is the story of san francisco. we are going forward. we're not talking about the negative things in the past. we are not talking about the 99 percent versus the 1 percent, we're going to be the city for the 100 percent. everybody has a chance to succeed in this city.

we are city of innovators, entrepreneurs, risk-takers, and we say how can we work together to make our city better? that's what makes san francisco not only the innovation capital of the world, but we have now earned the title, america's best city. thank you very much. much.pars4 (applause)

>> i love teaching. it is such an exhilarating experience when people began to feel their own creativity. >> this really is a place where all people can come and take a class and fill part of the community. this is very enriching as an artist. a lot of folks take these classes and take their digital imagery and turn it into negatives. >> there are not many black and white darkrooms available anymore. that is a really big draw. >> this is a signature piece. this is the bill largest

darkroom in the u.s.. >> there are a lot of people that want to get into that dark room. >> i think it is the heart of this place. you feel it when you come in. >> the people who just started taking pictures, so this is really an intersection for many generations of photographers and this is a great place to learn because if you need people from different areas and also everyone who works here is working in photography.

>> we get to build the community here. this is different. first of all, this is a great location. it is in a less-populated area. >> of lot of people come here just so that they can participate in this program. it is a great opportunity for people who have a little bit of photographic experience. the people have a lot, they can really come together and share a love and a passion. >> we offer everything from traditional black and white darkrooms to learning how to process your first roll of film. we offer classes and workshops in digital camera, digital printing.

we offer classes basically in the shooting, ton the town at night, treasure island. there is a way for the programs exploring everyone who would like to spend the day on this program. >> hello, my name is jennifer. >> my name is simone. we are going on a field trip to take pictures up the hill. >> c'mon, c'mon, c'mon. >> actually, i have been here a lot. i have never looked closely enough to see everything. now, i get to take pictures. >> we want to try to get them to

be more creative with it. we let them to be free with them but at the same time, we give them a little bit of direction. >> you can focus in here. >> that was cool. >> if you see that? >> behind the city, behind the houses, behind those hills. the see any more hills? >> these kids are wonderful. they get to explore, they get to see different things. >> we let them explore a little bit. they get their best. if their parents ever ask, we

can learn -- they can say that they learned about the depth of field or the rule of thirds or that the shadows can give a good contrast. some of the things they come up with are fantastic. that is what we're trying to encourage. these kids can bring up the creativity and also the love for photography. >> a lot of people come into my classes and they don't feel like they really are creative and through the process of working and showing them and giving them some tips and ideas. >> this is kind of the best kept secret. you should come on and take a class. we have orientations on most saturdays. this is a really wonderful location and