trust funds as a financing source and it does allow bonds to be sold against that source in the future by these new entities with a two-thirds vote required for the issue ans of the bonds. so, we have suggested a recommended a watch position. on page 4 of the matrix, there is a reintroduction by senator stain burg of a measure from last year and in this form it is sb 110, we are recommended watching this as well and it calls for a new approach for the california transportation commission to develop guidelines. there is a long history of the use of guidelines, the guidelines have finally been not to akin to regulations but some sort of hybrid with lesser transparency requirements so the senator is trying to impose more transparency and i think that the language that he is using this year will find acceptance with the ctc and i think that this measure would probably move forward and we want to be in a position to

monitor it and watch and move to a different position, should the circumstances change. senators, desonya introduced 142 and related to transit districts they have not provided any information as to who the sponsor with the ultimate goal is to this. at this point it would not be prudent to assume that it is negative or possibly positive. so we have recommended a watch and another measure introduced sca 11 that deals with voter thresholds we recommended a watch does does apply indirectly to transportation but also across the board to all government taxes it will reduce the voter thresholds from two-thirds to 55 percent. as i indicated it would apply not only to transportation but other kinds of special taxes as

well and that is my report. >> thank you, very much. colleagues do you have any questions on this report? >> thank you. are there any members of the public that would like to comment on this report? >> okay, seeing that there is no members of the public, public comment is closed. >> this is an action item. is there a motion to provide it? >> so moved. >> thank you very much. >> without objection? >> this motion passes. clerk, please call item number five. >> and i did five and i will call six. >> internal accounting report and investment report for the six months ending december 31, 2012 and this is an information item. >> good morning, commissioners, fong and this is the internal and accounting report and investment report for the six months ending 31. 33 you have the balance sthaoet and 34 you have the statement

of expenditures with the changes in budget. these are presented for your information. as of december 31st, 2012, with have the total assets of $223.3 million. >> and 150 million in outstanding commercial paper. also have $51.5 million in revenues and spent $9.7 million in expenditure -spends. >> also we have 123.3 million of cash sit ng various accounts. of this amount, 87.3 percent sitting in the city and county's investment pool and all of the investments are within the california government code and adopted investment policy. all of the... we also have enough liquidty in the accounts

to provide payment for expenditures over the next six months. with that, this is an action item. >> any members of the public that would like to comment? >> seeing none, public comment is closed. >> please call 7. >> introduction and this is an information item. introduction of new items. >> are there any items? colleagues? >> seeing none. and no public comment. >> public comment is closed. >> and could you please call item number 8? >> public comment. >> come on up. >> good morning, my name is gilbert chris hall and i live right across from the gay center and i would like to ask commissioner weiner to see if

we could get better money for signage at market and gruero. >> the crosses are real dangerous for the people that are crossing the street and trying to find it to the castro or coming downtown. and we definitely need better signage and i have spoke been this, i don't know how many years before you all were here. now, no turn on red, when people are crossing the crosswalks there. and nothing seems to be getting done, we have all of the construction going on in this area and more people are going to be coming to the neighborhood within the year or two years. and we need better signage as well as people obeying the traffic laws which pedestrians are trying to cross the street. so i don't know if you want to have more money for pedestrian an safety, out reach to the

community or drivers because they raced upcoming up to manicia and you have the hills and the market there and they are looking up towards the castro to cut across the pedestrian walkway, when people are in the crosswalk. so it is a very dangerous situation. and we have the corner store there where the instruction are unloading goods to the store and hopefully there will be another store with the new construction that is going on in the neighborhood, more stores in the area. and that is, you know, and that is all that i have to say. thank you. >> okay, thank you. mr. gilbert. >> are there any other members of the public that would like to make a comment? >> in general public comment? >> all right, seeing none, public comment is closed. >> and madam clerk are there any other items?

>> item nine, adjournment. >> thank you very much. we are adjourned. >> hey, guys, nona here with the weekly buzz. it's mid february and there's tons of affordable events happening throughout the city. grab your valentine and get ready to have some fun. here are my topics for the week. this thursday, february 14th, bring your special someone or just your admiration for romantic music for a night of flamingo music. and other renowned musicians combine rowman i can music of i

go far with footwork and song. dinner will be served throughout the performance so make your reservation early to ensure great view. okay. maybe valentine's day isn't your thing. well, have no fear because sf is here and there's over 300 events celebrating san francisco's craft fair legacies throughout the city. one event that i'm really looking forward to is the brewery blow out at speaks easy lauger. friday, february 15, enjoy 15 rare and limited beer on tap to live music and home brewing demonstration. and for complete beer week 2013 schedule check out official page. after the festivities come burn off all those calories in the park. free outdoor swing dance at golden gate park. get ready to swing when the streets of golden gate park will close to traffic and dancers take over. come join in on the fun at 11:00 a.m. sharp. and that's the weekly buzz. for more information about any of these events, visit us at sf negotiation tv daunts org. and check us out on facebook

and twitter. while you're on the web watchess on youtube for >> there has been an acknowledgement of the special places around san francisco bay. well, there is something sort of innate in human beings, i think, that tend to recognize a good spot when you see it, a spot that takes your breath away. this is one of them. >> an icon of the new deal. >> we stood here a week ago and we heard all of these dignitaries talk about the symbol that coit tower is for san francisco. it's interesting for those of us in the pioneer park project is trying to make the point that not only the tower, not only this man-built edifice here is a symbol of the city but also the green space on which it sits and the hill to

which is rests. to understand them, you have to understand the topography of san francisco. early days of the city, the city grows up in what is the financial district on the edge of chinatown. everything they rely on for existence is the golden gate. it's of massive importance to the people what comes in and out of san francisco bay. they can't see it where they are. they get the idea to build a giant wooden structure. the years that it was up here, it gave the name telegraph hill. it survived although the structure is long gone. come to the 1870's and the city has growed up remarkably. it's fueled with money from the nevada silver mines and the gold rush. it's trying to be the paris of the west. now the beach is the suburbs, the we will their people lived on the bottom and the poorest people lived on the top because it was very hard getting to the top of telegraph hill.

it was mostly lean-to sharks and bits of pieces of houses up here in the beginning. and a group of 20 businessmen decided that it would be better if the top of the hill remained for the public. so they put their money down and they bought four lots at the top of the hill and they gave them to the city. lily hitchcock coit died without leaving a specific use for her bequest. she left a third of her estate for the beautify indication of the city. arthur brown, noted architect in the city, wanted for a while to build a tower. he had become very interested in persian towers. it was the 1930's. it was all about machinery and sort of this amazing architecture, very powerful architecture. he convinced the rec park commission that building a tower in her memory would be the thing to do with her money. >> it was going to be a

wonderful observation place because it was one of the highest hills in the city anywhere and that that was the whole reason why it was built that high and had the elevator access immediately from the beginning as part of its features. >> my fear's studio was just down the street steps. we were in a very small apartment and that was our backyard. when they were preparing the site for the coit tower, there was always a lot of harping and griping about how awful progress was and why they would choose this beautiful pristine area to do them in was a big question. as soon as the coit tower was getting finished and someone put in the idea that it should be used for art, then, all of a sudden, he was excited about the coit tower.

it became almost like a daily destination for him to enjoy the atmosphere no matter what the politics, that wasn't the point. as long as they fit in and did their work and did their own creative expression, that was all that was required. they turned in their drawings. the drawings were accepted. if they snuck something in, well, there weren't going to be any stoolies around. they made such careful little diagrams of every possible little thing about it as though that was just so important and that they were just the big frog. and, actually, no one ever felt that way about them and they weren't considered something like that. in later life when people would approach me and say, well, what

did you know about it? we were with him almost every day and his children, we grew up together and we didn't think of him as a commie and also the same with the other. he was just a family man doing normal things. no one thought anything of what he was doing. some of them were much more highly trained. it shows, in my estimation, in the murals. this was one of the masterpieces. families at home was a lot more close to the life that i can remember that we lived. murals on the upper floors like the children playing on the swings and i think the little deer in the forest where you

could come and see them in the woods and the sports that were always available, i think it did express the best part of our lives. things that weren't costing money to do, you would go to a picnic on the beach or you would do something in the woods. my favorite of all is in the staircase. it's almost a miracle masterpiece how he could manage to not only fit everyone, of course, a lot of them i recognized from my childhood -- it's how he juxtaposed and managed to kind of climb up that stairway on either side very much like you are walking down a street. it was incredible to do that and to me, that is what depicted the life of the times in san francisco. i even like the ones that show the industrial areas, the once with the workers showing them

in the cannery and i can remember going in there and seeing these women with the caps, with the nets shuffling these cans through. my parents had a ranch in santa rosa and we went there all summer. i could see these people leaning over and checking. it looked exactly like the beautiful things about the ranch. i think he was pretty much in the never look back philosophy about the coit. i don't think he ever went to visit again after we moved from telegraph hill, which was only five or six years later. i don't think he ever had to see it when the initials are scratched into everything and people had literally destroyed the lower half of everything. >> well, in my view, the tower had been pretty much neglected

from the 1930's up until the 1980's. it wasn't until then that really enough people began to be alarmed about the condition of the murals, the tower was leaking. some of the murals suffered wear damage. we really began to organize getting funding through the arts commission and various other sources to restore the murals. they don't have that connection or thread or maintain that connection to your history and your past, what do you have? that's one of the major elements of what makes quality of life in san francisco so incredible. when people ask me, and they ask me all the time, how do you get to coit tower, i say you walk. that's the best way to experience the gradual elevation coming up above the hustle and bustle of the city

and finding this sort of oasis, if you will, at the top of the hill. when i walk through this park, i look at these brick walls and this lawn, i look at the railings around the murals. i look at the restoration and i think, yeah, i had something to do with that. learning the lessons, thank you, landmarks meet landmarks. the current situation at pioneer park and coit tower is really based in public and private partnership. it was the citizens who came together to buy the land to keep it from being developed. it was lily hitchcock coit to give money to the city to beautify the city she loved of the park project worked to develop this south side and still that's the basis of our future project to address the north side.

>> the garden contains plants referred to by william shakespeare's plays and poems. located near the academy of sciences, shakespeare's garden was designed in 1928 by the california spring and wild flower association. here is a truly enchanting and tranquil little garden tucked behind the path of a charming rot iron gate with romantic magic. the overarching cherry trees, the gorgeous big walkway and brick wall, the benches, the rustic sun dial. the pack picnic, lovely bench, enjoy the sunshine and soft breeze and let the