in terms of action items for today, other than the minutes and consent calender. >> your committee appointments. so we have six, seven and 15. >> let's go to 15, please. >> sorry we're calling things out of order. item number 15, he has volunteered to take over the reins of finance committee, which is going to be a really more of sort of an operations back house committee. with the movement, i took commissioner driscoll off of investment and i took commissioner jordan into his place and moved him over to the head of personnel. it's only six more months. we'll revisit committee chairs in june when there's a change in

president. i guess we will call for public comment. are there any members of the public that would like to address the board on this item? >> is that finance committee also supposed to get into operations? >> yes. >> that's a good point. yes. it's much bigger than the word finance. >> yes. >> thank you. >> we'll close public comment. is there a motion? >> there's a motion. i will second any discussion. we take it without objection. thank you, this item passes. let's go to the calender, please. item number -- >> item number 7 consent calender. >> thank you. we'll take it as submitted and we'll call for public comment. >> we're on consent calender item 7. we'll go to minutes next. >> wait a minute. on the seventh, just for

comment, on item number 121218-07d, i received a communications from mr. heble who states that officer and that file has made a formal request to return to work. so just should be noted. otherwise i'll make a motion to adopt that consent calender with that note. >> there's a motion. is there a second? >> i don't understand the motion. the motion to adopt the consent calender x that item? >> no, with the note about that item. >> this particular person has requested to return to work. >> maybe out of our control -- >> yes, it's just being noted for the record. >> there's a motion, there's a

second. public comment. >> are there any members of the public that would like to address the commissioner regarding the consent calender? seeing none. we'll close public comment. can we take this item without objection. continuing in reverse order we'll go to the minutes. item number 6. >> november 14th, 2018 meeting. >> i make a motion to adopt the minutes as submitted. >> there's a motion. is there a second. >> second. >> there's a second. we'll open up for public comment. are there any members of the public that would like to address the commission. we'll close public comment. can we take this item without objection. >> item passes. where would you like to go next? would you like to get back in order and go to 8? >> yes, that's would be my preference. >> clerk: item number 8, report on investments performance of the retirement funds for the quarter ended september 30th,

2018. >> allen, please. >> we have good news. the quarter hasn't been good since then. this is a moment you should savor because the results we've earned through 9-30 you will never see better results. since this 9/30, the s&p 500 was down 6.4% or 6.8% in october and it regained about 2% of that in november and it's off about 4.8% through yesterday. my estimate will be that the median public fund that is a 60/40, 70/30 fund has actually lost money year to date through the end of december. through the current part of december. that's not your case. so in the interest of time, why don't i just take you to page 18, which has your results on

it. that top line is your time weighted returns for periods ending 9/30 including the first quarter of your 2019 fiscal year. you will notice all your returns of one year or longer exceed your assumed rate by a considerable amount. 10.28% for one year, 11.21% annualized for three years and 9.11% five years and so on. if you compare those returns to the bottom or to the third line down, that is what you would have earned had you put your money in a 60/40 globally diversified portfolio and you will notice you out performed that portfolio in virtually every single period. not only did you earn a higher return, but you earned it with lower volatility, that's why you diversify. if you look at your rankings against other public funds greater than a billion, for the one year period, you are in the

top 3%, for the three years the top 6%, for the five years the top 2%. so not only did you accomplish earning a rate of return sufficient to pay employees and amortize the liability, but you did it among the top in your peers. there is a table, later on that compares you to public funds greater than 5 billion. it's a smaller universe but you are in the top 1% in ever single period below 10 years in that period. one, your returns are extraordinary. if you look at your returns versus policy, which is what you would have earned had you revalue the target index your managers you will see that you general out perform again, not only got you better returns than you would had you simply followed policy but they did it

with less risk. now on the risk commentary, if you look at the two tables to the right and below, you will see for five years your volatility of your portfolio was in the least risky 40% and that then earns you a risk adjusted return, a sharp ratio in the top 8% of your peers. you didn't just earn your return because you had a high equity exposure, you had volatility management and you earned this, if you recall, as a board, you starting in 2017, have systematically been reducing the risk posture of your fund. you've reduced equities. you've added absolute returns, which has stabilized your returns going forward, and you have expanded things like private equity and private debt. so you took advantage of the wonderful tail winds we've had and more importantly, as we face

markets that are more challenging, you positioned the portfolio so you are not going to give it all back in the challenging periods we've been through. so, again, repositioning but still taking advantage of the opportunities to earn high returns. any questions on returns? i'm just going to, in the interest of time, cover a couple of more things about how your positioned and where your performance came from. any questions on performance? of all my clients, i have clients that have lower risk postures than you but none that have gotten this high a return in this environment. extraordinarily well done. >> if you turn to the next page, this is just the positioning of your portfolio. so that current column is the percentage allocation to each as asset class as of 9/30. the policy is what you approved as your long-term. you can see, versus your policy

ranges, every allocation is within policy and you are close to your targets across the board with the exception of private credit, which you heard earlier, you are building out. the overage is parked in public equities so you have more public equity exposure than you are going to have at target, that's done good for you so far. you've been reducing that as we move along. so again, your positioning is getting closer to your long-term targets. i would say a rather substantial increase in your commitments to private credit. so that is being very aggressively addressed and that will help you, because that's going to earn you six or 8% coupon interest with very little exposure to valuation that you would experience in the equity market. so, positioning, very strong job at getting to where you want to be. if you turn to the next page, you can see this through time.

so that baron th bar on the rigr opportunitcurrent target. public equity, the grey box on the bottom, that is your most volatile a asset class. you see private market investments, which are private credit in blue, private equity in light grey and all are expanded in your total portfolio so more of your portfolio is going into private markets which are most resistant to down turns but are the source of out performance that is generally resulted in the higher results. if you turn to the next page, the only point on the next page is here is the growth of your assets overtime.

you can see, this plan pays out roughly $500 million a year and that is the excess of benefits paid out versus collections. that should not be upsetting to you. mature plans are in that state, that's why you have a pension plan. that $500 million, if you compare it to your year-end as set level is less than 2%. so your annual cash flow needs of the fund are less than 2%, that's supporting your ability to have more of your assets in private markets, which are less liquid to learn the higher returns. so this is very consistent with the positioning of your portfolio. i'm not going to go through each of the risk return charts. they're there. but you will see in every one of these risk return charts, this plan has generated a higher return than the median fund. you are in the upper left hand, that's where you want to be. you will notice your actual plan returns have consistently been

better than your policy with less risk. that is not always easy to do. so the action staff has taken in portfolio positioning and manager selection have not only been effective in giving you a higher return, they reduced the volatility of your portfolio at the same time. with that, i was just going to look at the one-year attribution of where the performance came from and then take questions. that is on page 32. i'm sorry, 33. so this chart, which is backed up on page 68, explains that your total fund return of one year, which we said was 10.3%, that was 1.36% better than your policy of 896. that's what we're going to explain is where did that out performance come from. some of it comes because you are not exactly at policy and as we

said earlier, you have a little more equity than your policy target called for. and that was a good thing. equities did well and so your over weight to u.s. equities added 23 basis points of return for the year. of your total 1.36, about 40 basis points came from portfolio positioning and 1% came from managers selection. you would like to see that because managers selection is a more repeatable opportunity. if equities do well and you are over weight you will look positive but equity bounce around a lot so if you go down to manage your selection, real as set out performed by 90 basis points, u.s. equity, which you board members that have been on the board for a while will remember hadn't been doing as well a couple of years ago, in the last year, has turned around and you've seen out performance as well as your equity income and private equity continues to

out perform and global equity out performed, this is what you want to see, that out performance of 95 basis points wasn't just you did it in one as set class. you did it in multiple classes which gives you some comfort that it's potentially repeatable in the future. the areas where you under performed were public equity, if you were to look at that page, you would see most of your managers out performed. when you added it up, they under performed. that's because you have a couple of chinese managers there that hymn a layia, as managers they very much out perform they are benchmarks. having that over weight to aish hurt in aggregate. it wasn't a manager selection issue, they did well but they did well by losing less money than the index did.

they didn't do well because they added value to the portfolio. and then international equity, where you have most of your under performing managers did not do as well. so, again, summary, very strong out performance. primary contribution for managers selection. done relatively consistently across asset classes. that would be a short summary. you will never see a report as good as this one going forward, unfortunately. i think on a relative basis, you are going to be surprisingly good given the reduction in risk you have effected in the portfolio. >> page 18, it's a format issue. i thought i addressed this issue before. i realize you have complaints. it would be better if you put the return numbers on the same

line with sharp numbers so people can see the return numbers why. some people only think we focus on the total return but we are focusing on the risk adjusted return. it's efficiency and effectiveness. >> i think that's room on this page to move. >> i will say and it was a tribute to you, as an old person, you wanted bigger font so we originally had them on the same page and we moved them. we can fix it back. >> the thing the board is supposed to focus on, you are right focuses on the quarterly numbers and the one-year numbers. we are supposed to focus on the three and the five year numbers so when we see all the red ink in columns 10 and 12 on the manage reports, we go after that issue and if we're going to talk about how effective we are, because coming up our risk manager will illustrate how we

are doing versus our efficient frontier. this indications there that we can't earn more without risk. so all these tools and measurements you bring to us to make it a little more easy to understand and use for the board. >> easily done, thank you. >> any other questions from the board? we'll open up to public comment. are there members that would like to address the commission on this item? >> when it comes to short term investments, they don't mean anything. the only thing that should count is long-term investment. what is our pension fund going to do five or 10 years from now. 109-year return for our tension return was 6.87% and yet a low risk passive investments in stocks and bonds 640% the documents and 40% in bonds and a

return of 10%. i would like you to get rid of all these high-risk investments because they don't produce good returns, even your equity over 10 years and 6.8% return and your private equity 10.66% and i think if you get back to traditional investing go for 60/40 or 50/other, you will do better. i know you will beat 95% of hedge funds. >> thank you i see no other members of the public. i will close the public comments. questions from staff? >> thank you, very much for this report. let's move on to item number nine, please. >> item number nine. report on managers under review.

>> board members, we have a couple of additions to the list here. i'm going to ask kirk to make some comments. at the end of the third quarter they were added to our list of managers under review. all three managed international equity strategies and d.f.a. focuses on small gap. the manager is under review for under performing their bench marks over three or five year periods and their bee their pee. >> anything from the board? let's open up public comment. are there any members of the public that would like to address the commission on this item? we'll close public comment.

>> thank you so much. let's move on to item number 10. >> discussion items. chief investment officers report. >> very good. turning to the narrative, we had a good month in november. we were up 1.26%. we had a a nice burning back from the 3.1% loss in the month of october. that 3.1% was a much better loss than 70/30 which was down five and a half percent. stock only was down 7 and a half percent. on a fiscal year to date basis, we've edged out only a return of 64 basis points. that is exceptional compared to the rest of the market on public equity is down 4.4% in the first five months and 70/30 is down

3.2% for the first five months. so our absolute returns the last five months are nothing spectacular for sure but relative to traditional they're exceptional. on page two, we summarize some of the returns and a special thanks to our staff and our board. we have brought a lot of unique investments in a unique asset allocation and you see the fruits of that showing up here. our five-year number is in the top 2%. define benefit plans of five billion or more in the top 1%. later in the start, it's not because we're taking risk. our risk is slightly less and our risk adjusted returns as

defined by sortino and sharp ratios are near the top. items that were approved in closed session. debbie an aircraft leasing strategy, the board approved an investment for 50 billion last month. we did get all 50 million. another credit strategy we have for 60 million. we got 50 million in terms of euros, that's $56 million. pag and asia based buy out strategy the board approved last month and investment for $50 million. we did get all 50 and the small cap buy out strategy and we did get $35 million. it's a smaller cap strategy. there's a commentary on page 6,

just about what is taking place in the market regarding the whole trade situation with china. in my view the u.s. has a just basis to ask china to buy our stuff and if a deal struck the market will have a nice rebound. if the u.s. is perceived by china as thwarting china's rise we'll have trouble. we're going to have more trouble. beginning on item 7, while the markets have been slightly down for our calender year, earings have been great. they've been north of 20%. as a result, what happened? valuations in the u.s. are not as much of a problem as they were earlier. and stocks in international and

e.m. markets look like they represent pretty descend investment values. the way to escape, the governments around the world said i'll back that and guarantee that and i'm good for that. they printed trillions and trillions of trillions of dollars, how are they going to pay that back. you see these gap ups in the rise of debt and in the next crisis, with interest rates at low levels, which is the traditional first lever that tral banks use to reduce the impact of a recession, is that going to have enough impact to escape trouble if the markets fall a lot further. it might not. the second lever then is to print money. and you see here we've already

done a ton of that. so central banks and governments around the world will be in a pickle. the three -- between letting as asset values find their low, governments are not going to let that happen. it will be too painful for the human k the other alternatives is going to be they will print a ton of money. i think that's the solution. this is looking at next severe crisis, who knows if that's one year or 15 years away, but we have some policy pickles that we've created as a result of the solutions we've implemented into escape previous down markets. number nine, there was a new legislation requiring disclosure of fees for private equity,

venture capital, hedge funds and there was a fourth. >> alternative investment. so we did report the hedge funds fees back at the june meeting. this here in item number 9 and the attached schedule does the same for private equity and venture capital. item number 10, we have several opens of senior managing director position for private markets and three annalist positions. those are all advancing well and i think that we're going to have announcements to make some time in the first quarter. we have one of the most impactful and relevant investment committee meetings next week. you will see material that you have never seen before. liquidity analysis in different types of markets. cash flow analysis. there's a lot of variability in private marg et cetera as to mae

called and when it will be returned to you. if it's distributed back to you later, how does it impact your as asset allocation? we'll show you the variabilities that could happen. it's important for us all to know that. we look at our cash flows for benefit payments well into the future to ensure we have ample liquidity regardless of market environment and how stressful it is that we have cash to pay benefits for many years into the future. we want to show those metrics to you. we also have showing our as set allocation is and what it could look like in different kinds of environment and we show you different stress historical stress events with our existing

as set allocation because it was different than 10 years ago and we will compare and contrast the results for our current as set allocations and what it was 10 years ago and show you that variability. we've taken good action to reduce the impact that a large decline in public w equity could have. the board please participate. we're looking forward to this. anna has been preparing for this since the time she arrived. i gave her four objectives and she has nailed all four of these in preparation for this meeting. a week from today. >> thank you. >> questions from the board? we're going to give her a few more objectives.

>> i have more after that. these were the first four. >> it's a great start. i am making the board comment now because it's under investments as opposed to doing it later. a friend of ours, who some of us have been to his conference, sent me an article that appeared in one of the national newspapers where it talked about san francisco and can what we've done. the point i raise, because it basically said that our as set allocation makes it done well because we did with our c.i.o. told us to do. as much truth that that may be, it totally omitted what any p.c. and allen martin and the obama tim eyeser and the forecasting and all the data we used to get to that as asset allocation mix. for those that decide to write about us based on what they see in our packet and on tension, i just thought i'd like to make it clear that the process was much

more involved and deeper than listening to one investment officer. that's why we have a consultant here doing all sorts of research and how we test everything they tell us how reliability that is. >> open up for public comment. >> brian, can i just add to that? >> sure, of course. >> if you recall, bill and i came to the board with a number of suggested allocations. not trying to pat the board on the back, but i believe the board asked when we did those presentations whether one, we did not recommend was more down side resistant than the one we did recommend. i think that was the one you ended up adopting. there's this expression success has many fathers. i would say well, bill and i spent a lot of time on this, the

board actually made the final decision. is that your relation relation?? >> there's a lot of -- it's every member of staff and it's any pc and cambridge and it's executive director and our board. there's been a lot of participants that have been responsible and deserve kudos for the returns we've posted. >> thank you. >> we'll open up to public comment. >> they predicted in the next 18 months we're going to have a global recession. and if we have a global recession, i recommend that we don't have any investments in china, and we don't have any investments in europe. i'm sure you are following the brexit situation. if that comes to pass, more than

likely, the united kingdom will breakup. scotland will want to stay in the european union, northern ireland will want to stay but northern island would have to join southern island and scotland would have to be independent country. so, china, they can change the economy overnight in china. if you have a president, i feel we're going to have to a big trade war with china and trump hasn't got a clue what he is doing and for all the people around the world listen to what he has to say so between china and -- oh, yeah, the united kingdom, if they have a successful exit, more likely the european union will breakup because 40% of french people, o 40% of italian people want out of the european union. the u.k. out of the european union. france out of the european union. germany won't want to stay in and if germany dropped out, that

would be the end of the european union and everything will go back to what it was like 50 years ago. thank you. >> i have a simpler issue. i noticed the last couple of reports we don't have global equity -- i used to see public equity, private equity and global equity and i've noticed that has, at least the page one that is sort of the recapped page and i wonder if there was a reason we were omitting it. >> can i respond to that? >> thank you. >> are there any other members of the public that would like to address the commission? >> if we look on page one, as a matter of fact, i'll see it if i can pull it up here.

so, we have formatted this differently but the information is the same. what we've done is we've grouped these how we think about as asset allocation in many different ways. to show it in one way, is to growth assets, diversifying assets and income-generating assets. within growth ago sets, you see public and private equity. and then the two diversifying assets are real assets, meaning natural resources in real estate, that's long only. and then absolute return, which is long-short of variety of thing and really has very, very low beta exposure to the market and private credit, which is ill liquid but has higher, much higher yields and a much higher expected return. and then fixed income, which is

liquid but has a very low expected return. so we've just categorized them and the information is the same. i would be glad to speak to claire afterwards if need be. global equity is public equity. i'm sorry. >> i understand. >> different moniker, same thing. >> thank you, very much. >> ok. that was item number 11. where would you like to go? >> 12. >> why don't we call item 12 and we'll accept it as submitted. >> public equity and th equity s are on the further page down. >> thank you for providing item number 12. any questions from the board?

we'll open up to public comment. are there members of the public that with like door like to adde commission. let's call item 13 and 14 together. we can take those as submitted unless there's anything thaw want to point out to the board. great. thank you for providing there. are there any members of the public that would like to address the commission on items 13 and 14. seeing none we will closed public comment. thank you, very much. items number 16 executive director's report, please. >> yes, i have brief comments. some of you have received a copy of a letter from local 853 requesting the retirement board agree to meet and confer related to the rfp for the referred comp program. i provide you with my response to that letter as well as a previous request from the local.

meet and confer is not with the jurisdiction of this lobby and office so i referred it to the city. so they're simple answers. i wanted you to know what we answered back to a letter that you had been sent. also, we sort of flagged to you a week ago, exactly a week ago, oral arguments were held in one of the first of the vested benefits cases before the california supreme court. there's been a lot of commentary since then but i think that from the questions asked, a lot of folks believe that this is the airtime case that there's a good possibility that the supreme court might cut back on the vested interests in purchasing airtime. we believe they separated this case because it's really sort of buying not employment time but sort of buying airtime.

and they wanted to take that first because it might be an easier decision to reach. the court will issue their opinion within 90 days. so we expect to hear over that and i will certainly share that information with you when it comes out. and then finally, this is our last meeting before the new year so we wish you staff a happy holidays. we're having our holiday party this friday. if you are available, it's relatively close to here. walking distance. you are welcome to join us from 2:00 to 5:00 on friday. with that i'll take any questions you might have. >> questions from the board? >> are there any members of the public that would like to address the executive report. seeing none -- >> our legal case has not been

scheduled with the appellant court yet? >> no >> anything else from the board? >> ok. item number 17 retirement board member. anything from the commission? i made my peace. >> great. open up to public comment. seeing none we'll close public comment. meeting adjourned. thank you all.

>> good morning. today we are here to member -- to remember, commemorate, mayor ed lee. [speaking foreign language] >> there will be a lot of speakers and a lot of people we need to acknowledge, the first off, i want to start with a moment of silence. [speaking foreign language] >> let us pray. [speaking foreign language]

>> thank you, god, for one of the best mares and best people on earth, mayor ed lee. [speaking foreign language] >> so this is a time -- please repeat after me. this is a time of peace. [speaking foreign language] >> joy. [speaking foreign language] >> hope. [speaking foreign language] >> love. [speaking foreign language]

>> all right so we have a number of speakers who want to show love for the mayor, deadly. we want to acknowledge his wife, anita -- love for the mayor, ed lee. we want to acknowledge his wife, anita. [speaking foreign language] [applause] >> our first speaker is sarah wong from the a.p.i. council. [speaking foreign language] [applause] >> hello everyone. on behalf of the a.p.i. council, we are honored to be one of the

host today to celebrate the life of the late mayor ed lee. one year ago, we lost the most prominent chinese-american leader of our city. we have truly missed him. as our mayor, he not only lessons, we also took solace and to build an active role community from the policy and politicscs -- budgetary levels. since 2011, attlee has approved over 15 million in funding to services and new service in asiann communities. the late mayor ed lee was our greatest role model and leader. the councilst is one of the most important legacies that he has left behind. he was a first mayor to encourage us to found this coalition, and worked with us to give guidance and advice on how to best serve our community. it has been challenging this past year to keep up the momentum. but with the a.p.i. council, we are committed to continuous his legacy -- to continue his legacy

to serve our community. thank you. [applause] [speaking foreign language] [applause] >> i first met ed lee when he was an attorney at the asian law caucus in the seventies and eighties, and we have someone from the asian law caucus to speak. somebody -- i guess you all know him. [applause] [speaking foreign language]

[applause] >> an afternoon and thank you very much, norman, and annie. i want to thank malcolm young for inviting me. i want to recognize anita for her great work. i know it has been a hard year, a hard year for her, but she's been really participating in all these activities with much grace we should be very honored with that. i got to practice with ed lee. we started out as law clerks at the asian law caucus in 1976 working at 126 waverly place. 124 waverly place at a small office where we represented many seniors and the key tenants came to us to complain about projects and ed went and worked with the

tenants to change the conditions there so that there would be housing alkylating, the elevators would operate so that people's safety wouldn't be at risk there peerk -- there. we sued the housing authority to improve these conditions and it helped with the asian law caucus on the map. many people are talking about what should we name after ed lee i say name everything. i've done a lot of work around fortune square, and many projects. he really worked to change all of that. if we really want to honor ed, it is through the community service that he has always focused on that we have to serve a community, serve working-class communities, low-wage workers, immigrants, and tenants, and if we can do that, and help these

people who are part -- part of our community change the policies that we need so that they can be served, that would be the ultimate legacy for ed to thank you so much. [applause] [speaking foreign language] >> anyway. [speaking foreign language]

[applause] >> mayor lee was very close to rose and the chain does chinese chamber of commerce and all the chinese new year in events. so we have francis so, the vice president of the chinese chamber of commerce to speak. [applause] [speaking foreign language] [applause] [speaking foreign language]

>> thank you very much. [applause] >> after hearing that ed lee passed away, i have never seen so many of the residents of chinatown come right here. who was here? remember they had candle night -- candlelight all night long. today we have the president of the community tenant association to speak. there were like 1,000 people from the community association. [speaking foreign language]

[applause] [speaking foreign language]

[applause] >> in the past when ed lee was a lawyer, he represented chinatown tenants. he also represented residents to

demand housing authority to influence how joe's total housing security. after he became mayor, he secured founding just funding for the program so tenants had better living conditions. we are so proud of ed lee. we hope we will have more asian american leaders like him can fight -- who can fight for the community. thank you. [applause] >> next we have from the chinese consolidated association, henry hoy. [speaking foreign language] [applause] >> okay. thank you. i'm glad you made it. welcome. [applause] [speaking foreign language] [applause]

[speaking foreign language]

[speaking foreign language] [applause]

>> summarizing his comments, mayor lee is for the people. he always concerned about the low income communities and families. the low wages earners, and also he remembered mayor lee for raising minimum wage to $15, and he also remembered that mayor lee made it possible for all our elderly to have three munimobile and also they used. he misses him. thank you -- and also the use -- youth. >> something just hit me. i remembered mayor ed lee made fun of me because i say i tell everyone to say you are beautiful. sometimes he stole it from me. so i want everyone to turn to the person to their left and right and say you are beautiful. [speaking foreign language]

[speaking foreign language] [laughter] [speaking foreign language] >> and now, where are the t.v. cameras clot get ready. now we have the beautiful mayor london breed to say a few words in honor of ed lee. [speaking foreign language] >> thank you. [speaking foreign language] >> thank you and good morning. it is an honor to be here to acknowledge the legacy of our late mayor, ed lee and to also

recognize and appreciate his family for their commitment to san francisco including his amazing and fearless wife, anita lee. [applause] you know, i will be one of the first to say that when i served on the board of supervisors, i didn't really appreciate all that mayor lee did for the entire city of san francisco. because often times, i would go to him with an issue or a problem, and for the majority of the problems that i had as a member of the board to, he would always say yes. when i said mayor lee, i need your help with public housing, he said yes. when i said, mayor lee, i need your help with building affordable housing and acquiring property in my district, he said yes. when i said i needed help with cleaning up the streets and getting more beat officers out in our neighborhood, he said yes time and time again.

he was a real partner and a real champion for neighborhoods to, for community. for our seniors, for all things that represented bringing people together, and serving those populations that did not always have a voice. today it has been almost a year since we lost him on that fateful day of december 12th, and we will not forget his warm hearts, his kind words, how he committed his life to public service here in san francisco. not just as the mayor, but serving in his capacity as department head for the department of public works and purchasing, and the human rights commission. he continued to time and time again to bring communities together. he elevated and hired so many amazing african-american leaders le