using one the homeowners parking spaces over and over outside the building but no not a visitor designated you have two parking spaces. >> all right. great decision and project thank you unless there's a question i'd like to approve if this application. >> i move. >> second. >> second and madam secretary please call the roll. >> commissioner ellington. commissioner mondejar. commissioner singh. commissioner rosales. chairperson johnson. madam chair the vote is 5 i's >> thank you all for coming today call the next item. >> the next order of business is item 5 e and it will be called

together. 5 e authorizing a personal contract with the jones a professional last night for the services in an amount not to exceed $122,000 related to the issuance of sfoifg finance authority revenue bonds and taxable allocation refunding bond. discussion and action resolution number 49, 2014 and item 5 f authorizing a personal contract for the bartley a professional law firm for the consulting in an amount not to exceed 15 thousand for the revenue bonds series 20 12k4 will 14 b and the

bond series discussion and action resolution number 5014. madam director >> thank you. this is the refunding of bonds we have an opportunity to refund bonds given the current market that refunding will save us monies our debt portfolio will taper down those are professional services contract that is enable us to refund and with that, i'd like to ask our senior financial analysis to talk about those. >> good afternoon. i'm john

senior financial analysis items 5 e and f the authorization of the personal services contract for the bond council for the bond issues for the city and county of san francisco finance authority revenue refunding revenue bonds serious 2014 b and c on may 1, '89 this year, the staff issued an rfp for the city's bond approval on may '86 firms respond and 3 proposed a bond council for the disclosure council a panel compromises of deputy and others evaluated the proposals.

our primary consideration was to have the successor agency 3 of the firms have subsequential qualifications and one has a lower fee and was selected by the panel i'll like to introduce the partner at jones hall in fefrps of the policies providing opportunities for the s b e the panel talked about the disclosure to the two certified sbe respondents and only one had successor bond experience the panel considered that a vital concern as well as specific rating agency concerns about the

pledged funds. the panel selected curtis ba barting i'd like to introduce the principle. thank you. item 5 d talked about the contract with jones hall for the issuance of the refunding bonds the maximum payment is $10,022,500 the total amount maybe lower depending on the total amount of the traction that can change according to bond issuance in the order of 8 bond but several of those bonds maybe dropping out so we structured the request for pricing to allows to reduce the

fees if the transaction goes down. that's spelled out in detail of the exhibit and outlined in the memo. item 5 f authorized the special contract with curtis barting for the services for the funding bonds that have $60,000 including expenses as pointed out by the dissolution gives the authority subject to the transaction and approval by the oversight board enter into contracts that have the refunding bonds. briefly for context to date we've retained financial advisor

we can begin on the key documents and our fee one way or another for the underwriter we expect the review to be complete by the third week of july and our fiscal consulate will complete the team we plan to come back to the committee to the august meeting. next we'll go to the oversight board and the department of finance for approval. avenue ever a receiving the approval we'll come back to the commission for the key document as with the shipyard transaction and expecting the transaction to price in september and close in october but this depends on market rate >> that concludes my presentation. >> thank you any any public

comment on that item? >> there are no speaker cards. >> we'll take the items together and vote separately. >> it's good to save money. >> it is fantastic so we'll have a straightforward method we'll start with the first item. personal service contract can i taken a motion >> second. >> madam secretary call the roll. >> please announce our vote. >> commissioner ellington. commissioner mondejar. commissioner singh. commissioner rosales. commissioner johnson the vote is 5 i's >> i'd like to entertain the motion for bartley.

>> madam secretary please call the roll. >> commissioner ellington. commissioner mondejar. commissioner singh. commissioner rosales. commissioner johnson madam chair the vote suicide 5 i's >> thank you very much. next item. >> thank you, madam chair the next order of business is item of public comment on non-agenda items. >> thank you. do we have any public comment nobody in the room. thank you very much >> next item. >> or you're in do you want to comment. >> okay. >> she's an interim. >> oh, come and say hi. too bad for you, you should have left when everything everybody left

>> i'm ann i'm the sgirm for the summer 83 at ocii. >> where you from. >> from washington high school. >> oh, very nice. >> i'm becoming a senior next year. >> what college are you going to (laughter). >> i don't know yet. >> good answer. you're going right (laughter) not yet. >> wow. pressure. probably the rest of her family >> i want to thank you. thank you. (clapping.) >> oh, we can clap, huh? >> thank you do you hear with you asked. >> what was your answer? >> i said no comment.

>> very good she's ready for prime time and the next order of business. >> report of the chair. >> thank you very much. i don't have a report other than to say yesterday, i had a rules committee meeting with my nomination and i was for the to the full board of supervisors with support so that hearing will be next week on the 7th or 8 and if successful this will be my last commission meeting. i know i'm bummed >> who's going to replace you here. >> no i'll refer those questions to the mayor's office. >> yes. i'm going the person for the seat for but assuming

that is successful. the next orders of the business the report of the executive director >> thank you madam secretary on that note commissioner johnson not a could sense maybe there will a recommendation for commending you but each commissioner has helped to shape this city when there was an uneasiness from our development partners it was really the guidance and the leadership of this commission that is a working commission the

willingness to ask the tough questions and take the time with our community partners and colleagues to understand the district in the southeast primarily and the balance of the housing we've developed throughout the city i want to thank you personally but hopefully, we'll get something together. >> i think you need to come back a member of the public so we have a - >> public comment an item on the calendar so you can speak and we'll speak. >> definitely can i get two public comments maybe i can talk for 6 minutes. >> you can speak on matters not on the beyond a shadow of a doubt and the consent calendar items. >> just moving through the rest a couple of announcements we've

received for transbay to include a rfp consultant each brought on 0 consultant for our j paul boston properties, killing reside realty as well as with the buck company they each brought out the consultant and we'll have a panel and a financial evaluation and bring forth a recommendation inform august we're thrilled to move that forward other groungings commissioner johnson and we've got one project that is built july 29th and will start we'll

keep giving you reminders and with chris event 10 and i were fortunate to be at the bay area hill two certificate of preference holders for local hire christen spoke eloquently at the grand opening and we're offering a tour you can see the views everything from the bay bridge to trans america pyramid to south bay and the san franciscan hotel where they used to give investors for homeless folks to stay for the night it was ripe with crime and drugs there were incredible

inspirational stories from the families it took two years done interest the process this dissolution progress but the steady state the leadership at the staff level and commission level that really brought comfort and changed lives we'll are happy to help arrange a tour it's a stunning development it's inspirational. >> i'll make a note that this is going to sound like a joke but an inspirational speaker there was one woman who had been a drug addict for 20 plus years now she's 67 years sober she used to be the one causing the trouble and now lives at the bay yard and helps r with social work i asked why did you ask me

to speak how could i follow-up with that. it was truly script and an example of the work we're trying to do so it's really great >> it's great to hear it's gratifying to hear. >> that concludes my report. >> next item. >> the next order of business item 9 commissioner questions or comments. >> okay commissioner singh. >> i'm going to miss you. >> oh, thank you. (laughter) thank you very much i appreciate everybody who came out to give support. anyone else i'm holding the gavel >> item 10 closed session there's no closed session the next order of business is

adjournment. >> thank you very much we're adjourned at >> hi. welcome to san francisco. stay safe and exploring how you can stay in your home safely after an earthquake. let's look at common earthquake myths. >> we are here at the urban center on mission street in san

francisco. we have 3 guest today. we have david constructional engineer and bill harvey. i want to talk about urban myths. what do you think about earthquakes, can you tell if they are coming in advance? >> he's sleeping during those earthquakes? >> have you noticed him take any special? >> no. he sleeps right through them. there is no truth that i'm aware of with harvey that dogs are aware of an impending earthquake. >> you hear the myth all the time. suppose the dog helps you get up, is it going to help you do something >> i hear they are aware of small vibrations. but yes, i read extensively that dogs

cannot realize earthquakes. >> today is a spectacular day in san francisco and sometimes people would say this is earthquake weather. is this earthquake weather? >> no. not that i have heard of. no such thing. >> there is no such thing. >> we are talking about the weather in a daily or weekly cycle. there is no relationship. i have heard it's hot or cold weather or rain. i'm not sure which is the myth. >> how about time of day? >> yes. it happens when it's least convenient. when it happens people say we were lucky and when they don't. it's terrible timing. it's never a good time for an earthquake. >> but we are going to have one. >> how about the ground

swallowing people into the ground? >> like the earth that collapsed? it's not like the tv shows. >> the earth does move and it bumps up and you get a ground fracture but it's not something that opens up and sucks you up into haddes. >> it's not going anywhere. we are going to have a lot of damage, but this myth that california is going to the ocean is not real. >> southern california is

moving north. it's coming up from the south to the north. >> you would have to invest the million year cycle, not weeks or years. maybe millions of years from now, part of los angeles will be in the bay area. >> for better or worse. >> yes. >> this is a tough question. >> those other ones weren't tough. >> this is a really easy challenge. are the smaller ones less stress? >> yes. the amount released in small earthquakes is that they are so small in you need many of those. >> i think would you probably have to have maybe hundreds of magnitude earthquakes of 4.7. >> so small earthquakes are not

making our lives better in the future? >> not anyway that you can count on. >> i have heard that buildings in san francisco are on rollers and isolated? >> it's not true. it's a conventional foundation like almost all the circumstances buildings in san francisco. >> the trans-america was built way before. it's a pretty conventional foundation design. >> i have heard about this thing called the triangle of life and up you are supposed to go to the edge of your bed to save yourself. is there anything of value to that ? >> yes, if you are in your room. you should drop, cover and hold onto something. if you are in school, same thing,

kitchen same thing. if you happen to be in your bed, and you rollover your bed, it's not a bad place to be. >> the reality is when we have a major earthquake the ground shaking so pronounced that you are not going to be able to get up and go anywhere. you are pretty much staying where you are when that earthquake hits. you are not going to be able to stand up and run with gravity. >> you want to get under the door frame but you are not moving to great distances. >> where can i buy a richter scale? >> mr. richter is selling it. we are going to put a plug in for cold hardware. they are not available. it's a rather complex. >> in fact we don't even use the richter scale anymore. we use a moment magnitude. the

richter scale was early technology. >> probably a myth that i hear most often is my building is just fine in the loma prieta earthquake so everything is fine. is that true ? >> loma prieta was different. the ground acceleration here was quite moderate and the duration was moderate. so anyone that believes they survived a big earthquake and their building has been tested is sadly mistaken. >> we are planning for the bigger earthquake closer to san francisco and a fault totally independent. >> much stronger than the loma prieta earthquake. >> so people who were here in '89 they should say 3 times as

strong and twice as long and that will give them more of an occasion of the earthquake we would have. 10 percent isn't really the threshold of damage. when you triple it you cross that line. it's much more damage in earthquake. >> i want to thank you, harvey, thanks pat for

>> welcome, everyone, to the san francisco board of supervisors budget and finance committee special meeting for friday, june 20th, 2014. my name is mark farrell, i will be chairing this committee. i am joined by supervisors e mar, john avalos, scott wiener and london breed. want to thank the members of sfgtv covering this meeting jeff smith and mark bunch as well as the clerk of the committee, mr. victor young. apologize for that. victor young. sorry, mr. young. i need to turn off my phone also. mr. clerk, do we have any announcements? >> yes. please silence all cell phones and electronic devices. any documents to be included as part of the file should be submitted to the clerk. items acted upon today will appear on the july 8th, 2014 board of