president heldfond you may begin the retirement meeting of >> roll call, please.> present. >> president thomas. >> present.resident heldfond. >> present. >> driscoll. >> present. >> bridges. >> present. >> thank you, quorum, mr. president. >> thank you, let's apologize number one for the noise.if anyone wants a good humor about need to read what happens to garage right across that alley. i'll let you read it because all the horns went off. >> yeah. >> anyhow, let's do >> item number 2, communications. public participation during public comment period. there will be general public comment at this meeting and there will be an each discussion or action item on the agenda.is limited to two

public comment will be taken in-person and re we will take public comment first by the meeting in-person and then remotely. commen speak during the comment period are available by phone then pound and pound again.nnect that you will get the meeting discussions and you will be when your item of interest comes ess star-3 to be on speaker line.and turn down your computer.the city policies prohibit harassing conduct against the employees and others during public meetiwill not be tolerated. more over public s permitted only matters within the jurisdiction of this body for joining us. >> thank you. next item, please. >> item nu a reminder that public comment

is limitehave any in-person public comment? this item? seeing none, moderator, do wecallers on the line? >> madam secretary there are no callers on the queue. >> thank no furred callers, public comment is now closed. >> next item please.number 4, action item minutes of july 10 2024 retirement board meeting. >> move to adopt the minutes g. >> second. >> thank you very and we'll call >> thank you do we have any ÷$in this item? seeing none, moderator >> madam secretary, there are no callers he. >> thank you, hearing no callers, public comment is now closed. >> okay. so it's been moved coe in favor say aye. >> aye. >> those opposed say nay. motion passes.all,

let me first of all, this sioner, you're here, i thought you weren't? okay. go ahead. i really just want to commend the continued record of attendance of al commissioners on so and it makes it it easier to conduct our business and i really appreciate it.call the next item. >> thank you, item number 5, adopt the consent calendar. >> second. >> okay, madam secretary, you want to have--. >> sure. >> the travel request is a board meeting day, i just plan on being here today? >> yes. >> thank you.'

>> public comment.have any in-person comment on the line?y callers on the line? >> madam secretary, there are no callers on the queue. >> no callers, yellow light is closeds. say aye. >> aye. >> those opposed? motion passes.next item, vacancy board and approve proposed selection schedule.issioners, this is a agenda item and it is an action so commissioner o'connor's term expires february 20th, 2025, as part of the standard process, the declare this upcoming vacancy and approved election schedule that will be are we've put in the materials ightforward but happy to address any questions that you may have.

>> any questions or comments?commissioner o'connor all the luck, and if you reference, i will be happy. we appreciate and your dedication to being a good commissioner. okay.aythis is an action item. >> we second. >> second? >> second. >> is thatdeclare the vacancy? >> yes. >> thank you. >> okay, public comment please? >> do we -person public comment on this item? seeing none, moderator are line? >> madam secretary there are >> thank you, hearing no callers, public comment is now closed >> okay, it's been moved and second those fa>> aye. >> those opposed say nay. >> m number 7, discussion utive officers

report. >> commissioners in a moment i'll turn it over to karthrough the member services dashboard. highlight a couple of items, the forward calendar that materials now goes through june of 2025. i've been working the various committee chairs to calendar the committee meeting, we're in process of finalizing the dates for our be the committee chair reports where we'll set well as the topics to be covered for the year.my final comment before i turn it ov sure that you're well aware of, but all three charter proposal that impact with respect to drop will appear on the ballot in n and unlts there are any questions, i will turn it over to karen. >> having this, this was a commissioner in terms getting, having the number of

ballot measures that we were given. we do what we do.oduct, so thank staff for stepping up when we're asked to at we do.d also the understand how much work goes into just see andl i have to say. continue. >> you have you the dashboard hopefully it's mostly there were a couple of items want today point out. our online wehave been extremely successful.of feedback we've received is that we do for most people to be able to attend but many people asked if we could actually regard them and

lly we'll have feedback with the quarter with the one or two that we have recorded and measure whr we get anybody taking a look at them in the off hours.that i want today highlight is you may notice thatwe processed over 200 benefits last month those are our high, high very intensive retirement time of the year. and we are finalizing, i that's a lot to have er 350 retirements processes. and i wanted to highlight an thank the staff during this time of kgit's extremely busy, we get a lot of

requestsñ3k you can june we processed 262 benefits. other than that, i'm happy to tions.ck how much time before the actual life and when we go online. >> for the web nazer? >> yeah. >> i don't know the i will know better when they start to record them, th not begun recording yet. they're getting ready to and it will be probably be the we're going to do anytime. from information. the webinar are pretty

standard, we're providing.vu again, the text is not really changing. so they should be there for a long time unless we're changing the text.like a good library. >> i don't know that.times speakers see themselves doing itwith a complex subject. they realize, hey i this, let alone trying to figure out if the audithey were trying to say. >> and i appreciate that it can be a learning tool for staff. >> thank you. questions? okay. let's call for public comment.

>> thank yohave any inperson public comment on this item? seeing none, a reminder to any callers to se press star-3 to be asked to be added to the speaker line. moderator are there any callers on the line? >> madam secretary, there > thank you, hearing no calls, public comment is now closed. >> number 8, discussion item, annual review of the fiscal year, ending bf >> review for

the lending program for the fiscal year i'm joined by alba mart ins, who oversees efforts. the seeffort is largely a public market focus program we work closely with our risk team ella will cover the bulk of today's update. we're also joined by mike.you for joining us, he took flight from the east coast to join us. security lending program and talk a little bit industry trends. before i hand it over to he will a ella, a few highlights ella will cover in detail. lending program is designed to return, again ella will return a return how much we've earned the last couple of years. earn that return ç4other words, fixed income. the cash that we risk controlled again we talk

about that. weso it's flexible so if back in order to loan the proxies. and it's a potential source of liquidity. so i want to highlight that, with that i'll turn ella and mike for an update. >> and good morning, board members. i'll start off by covering why a lending program. then discuss what entails and how it is structured at first. i'll ask mike to highlight ends over the year and then provide the board with an update of program for the fiscal year-ending in terms of why we have a lending program, as kirk mentioned it first to allow incremental return er. in terms of how we do that, and the at sfers, i'll collect this representative vestor investing

in debt securities.e far right of this diagram weies want to bar o some of the securities. sfers securities for the barors in exchange for a as kirk collateral is reinvested and managed manner with guidelines similar to the market fund. meorms two roles in this process. they are the inter mediate between the lenders first and borrowers and they also collateral pool and page 4, we covered some of this already.are the borrowing fee that borrow as well as the income from the reinvestment of the cash . the factors that impact revenue, the amount of assets sfers has available to

lend and how much demand there is for those assets.isicis a expressed at a utilization pe relative to lendable assets. of demand interest rates, spreads, borrowes, structure elements like volatility and the regulatory environment. in terms áof potential riskses, we address some period of time mitigaters in next page but there is a risk that the there is a risk that the securities that are called in the timely fashion.the page 3 that covers the rrof the securities. the next risk is related om lag of the diagram these assets are invested and as with any . to i am primented a lending program with or default and potential deliveries of securities, first

as a indemnification clause. to address related to m+ reinvestment program, firstly, fully at account and secondly, as mentioned that acco managed under conservative guidelines which are consistent for a money market fund. other noteworthy features of this program, include controls around proxy voting. sfers has lending securities or recall securities if we think it ability to vote proxies.ditional feature is the cash release credit facilities. this credit facilities allows to borrow reinvestment account up to certain limits. this facilities onal tool of sfers framework. it was not used dar 2024. now i will ask mike to level marketing trends. >> thanks alo and alo

mentioned a few things that factor into revenue. buzz when into the program and market wide there were a few major drivers there. one was volatility and the so as r of good portion of the revenue, is d from investing that cash collateral income type fund. credit interest rates have been up the last couple of years, athe pandemic era but we've been seeing, we been seeing consistent rate hikes throughout the course so what that really serves to do program and as we went through the last fiyear, you had going into the lendar year-end, a lot of wall street participant looking shore up financing for the calendar year turn and what that served the spread that were generated l. once we got through 131 and 2024, you began to see participant start

to go price the expectations that rates at the beginning of this so that had an impact on tam pg amount of revenue available to be earned.the year up, it's been a really strong year in equity markets but what that our business and volatility is a good in our somebody would want to borrow securities because so seeing that, broadly there wademand was in certain pockets securities, certain industry that have been in demand for a while. we listed a few here. electric vehicles is one. certainly the meme stocks phenomenal has come and gone through the year. as that ha to impact certain names. so you see itbut the headline level, volatility is low which but the lending environment, it

limits thmoney for you. and then, when you think about do for sfers specifically, you have a very large allocation to u.s. govewhich as alo mentioned there regulatory reasons why participants want to borrow thoslity that we have and the things that sfers allows us to do, we were able totake advantage of a lot of opportunities. so when you think of the sfers that was a big driver just generally.are the main points in terms of where and how the i'll take it o. >> thanks, mike. there will be six billion time the demand and utilization rate.

on the pool of assets, evenly split borrowing fee and reinvestment revenue.basis the pool of assets that were loaned about 24 basis relative to the pool of assets available for lending, sfers earned 5 bainng to page , the year over year trend of earnings from the program. the earnings of 2.8 million were lower than ut in line with the historical and expected ranges. on page 9, we drill into of this year. the overall suitization of lower than prior years and in particular a dip was driven as mike mentioned by the rallying markets which subdued market tility and therefore demand for securities. the table on this page breaks down the on page 10, we break down

program on asset clause basis. the rns was the earnings on le securities. our treasury had a high utilization rate of almost 60 percent. the other top was equity bucket. even though they had a wer utilization rate than u.s. corporate debt, we had more , leading it to be the number 2 contributor this year. on page 11, we trend and spreads. as mike mentioned, here we see cline start ining january as market to price over the course 2024 and repurpose facility.12, again a monthly looking at the program. basis points and the net return on the pool of 24 basis points. on page 13, we ed a review of the collateral pool. backing up the 1.6 billion as

of end june of 30, 2024, llion dollars collateral.between cash and non cash. the overall zand a half percent above collateralized.to page 14, here is a review reinvestment aspect collateral review. is yielding a and conservative manner, the de quality and maturity profile are listed on this page. the 5.5 percent yield that stment is earning, we see the trend on page 50.little bit during the year, the yield on overall reinvestment portfolio decrease came down as because of tighter spreads. that concludes the first

program update portion. i will now hand it back to mike to updates from melon. >> so the regulatory environment of our business both creating run our business better to respond to . and there were a couple of major ones that we've been and going forward and regulatory initiatives. so a major one that just came into affect this summer was dtc's move ttlement cycle here in u.s. which means if you sell a stock to deliver it tomorrow. well if i have that on loan sort of complicates things. initiative to see both improve our teche our tools as wel link up with yes firms for to* make us better and so that means is sells an asset

is out online. i very rarely do i have to for a borrower and ask for that back. i have those assets in my program have them available. so we don't have to call on the the vas majority. so what that serves to do is that is security lending program should have to your investment managers. that happened in may and we saw minimum impact to date on it anthink that really speaks to the things that i just mentioned. another major change that coming in 2026, will be the mandatory of u.s. treasury securities.effort to make the market safer and liquidity the market which is massive, the fc"7osed a rule in december that all trading and government securities would have to be cleared.things that we do.

so you're already have done the hard work legally speaking in terms of updating the us to continue trading. so beyond that, there are a @%s that we're building up for lenders to help wiwóbybeen a major area of it's something that we knew was coming and prepared and this team has understood that as well. and has ready for this change for a number of years now. a third major one is fcc rule 10c1 a, it's actually just delayed again that is coming that into the security lending market. what it willly do is put the obligation on to report a number of data points related to trading activities everyday in an effort to increase market transparency.ev

in the eurozone, we something like that again. so this is something that we're that's something that we will continue to do with no impact so those are some of the biggest things going on.happy to answer any questions that any of the >> just as a review for the board,have discussed why sfers has the securities mechanics of our program including the drivers of revenues and risk. we discussed market trends and update from our custodian and provided an update on the performance of sfers program.over to the board for any questions? >> are there any questions? i have one. are these changes that we're facing? are we do to expect mmrate increases on the next renewal of our

arrangement?at we've discussed will warrant that, a great partner and we've been able to do a number at has helped investment staff and things like tat i'm considering at this point. >> thankhe bottom of the you list two leads. were in the portfolio run by jp? >> of bny? >> i didn't ask you, i asked tim. >> second question. better than soft dollars, thank you for program, thank you tony melon, how many year, on average is applied to this program? >> over the course of a quarter about four hours. >> good. n.and i would say few other howatch what you're doing, about four a week?

>> four thank you. >> thank you for this presentation.fan and the returns and way bny melon manages their program well done being the lato go back to the collateralization, is that because of i'm curious why you have the >> i'll >> it represents a position by this board, over conservative. >> right but i's posted. they don't normally post. >> it's dictated by the taking in as collateral. as you said when there is a risk, we ask for more because we're deal u.s. dollars into euro to then there

is also depending on the, 's we're taking in securities as collateral and whenrisk of the basket that we're looking at, to start 107, 110, 112, ings like that. >> exactly, that's what i want da and what would thation would be? >> that's not something, that's not what >> what would be your form for clad racing. >> speaking s euros and equity securities listed, ets of the same sort and some sort of leverage, they're well understood very liquid names. government bonds, u.s. and other g-20 nations. the most developed ec and certain types of high grade so what that really serves to do is create a number of more outlets, pledging of reasons. it's beneficial, that's the line they want to line up first

of our securities and you're at the front of it.y. and then, on 10c which lot on the transparency issue, is our guess, the u.s. the u.s. arm are they focusing on it, or are they working to help establish what that should look like? >> absolutely. so bny has a number of our seleaders like rma and things like that and been having a seat at the table in terms of shaping this.it's something that we're doing in europe and it's something that it's sensible and important but we wanted to make program sort of view, we want to make sure th we're providing meaningful things. the security lending they're different types of players that get charged differently because of who and e risk. so it's not just selling the security where you want to pay as little as of the initial requirements in the rules bit ownerous

and some has ed but clearing the transparency and giving regulators that look is a great goal and we think thrules ended up. >> and it keeps changing, that's why i ask. >> and in the past year, dice any borrowed default or any problems, not in your overall program? >> no.do review borrows from time to time and has a credit limit that is determined outside and the bank wide of limiand, we do eliminate borrowers from the program. if not borrowing, why do we keep underwriting them but default or something, no, we have not had anything like that. >> and subjected to the annual review? >> it's much more than that, but yeah. it's a quarter review.a daily review, we have credit professiona they see these things as they come in. so is something that

we're frequently concerned witolook at the way the sfers is written, d9these are my risk. and so, there is a lost institutional thought put into the risk management because our obligation to observe any sort of ithe borrower default. it's imp there is a lot of money on the balance she for that purpose. >> thank you so much, it's a great program. and the team at sfers has done a great job managing, sou. >> any other questions? comments?very much, we appreciate your help and partnership. do you want to caex >> public comment. >> public comment, sorry. >> do we have any in-house public comment? seeing none, moderator

>> madam secretary, there are no callers on the line.hearing no callers, public comment is now closed. >> okay, before is the next item a shorter item? let's do item 9. call the next item.next item policy litigation policy. >> commissioners as you know, we cont our policies and make sure that they are as required by the policy itself. so what y is a review of the securities l and the placement account policy.in the materials the current policy red line sorry, a red line to the existing policy version that we're looking for your approval on.dated, so i first updated to our line that you see is the change of the words but change of putting itto a new format because that would be difficult. we just wa for the record. the changes that you see two policies

are to update and be consistentcurrent policy approach. in particular on the litigation policy, we wanted clarify the roleof city attorney and securities evaluation council and that's consistent with how we've been operating for quite someare also making a change or proposing a change to the threshold for claims om 5 million to 4 million. we think this is . threshold, we don't want to miss out on opportunities that may not require significant work where we can make and by lowering we have the opportunity to review and discuss and discuss how we nt forward. again, that is really, lowering the on our opportunity with a recognition of and thprivate placement policy, really there, changes to reflect current titles, the fact that we have current investment delegation.

happy to go through with more details. >> i have a quest it concerns resplitigation that is goesthe, the expertise of the city attorney.makes the call when we need to find outside counsel and alike. >> well, for the reason that we don't expertise or we don't have as much we do outside counsel monitoring the portfolio and making recommendations to us about when it to participate as lead counsel. and aluate that internally before we bring in any board to participate more actively.okay, so you, run that in terms of, have securities litigation that you, the city attorney's office arranges and it's outside the city tonser office.t.

we have four firms, they do not charge anything for toring and they bring to the attention to the city attorney's office. >> okay. >> any questions? >> does not look like you've got one.to make sure, you obviously decide who the attorney will be, not us. >> right[n. >> okay it's always been a bo >> yes, express beyond this but i got what i needed to know. >> i was going to make a motion to adopt. >> okay.both policies for security and placement agent. >> s >> thanks for concluding the red line version. thank you. >> thank you. >> okay. please. >> thank you, do we have any seeing none moderator, are there >> madam secretary, there are no callers on the line.aring no calls, public comment is now closed.

>> commissioner thomas. >> i just wanted to echo tracy s. >> it's been moved and seconded all those in favor say aye. >> aye. motion passes. can we bareitus while we go something and eat in front of you. let's take, 15 minutes,ádj;ked in closed session

commitment of 75 resurge enter technology partner.

we committed 35 and it closed on july 31, 2024. this is within the pe portfolio. next, for the tres opportunity six under delegay we invested 75 million in the opportunity fund.stment closed on july 29, this is a credit thin our private credit portfolio. and it was not posted materials, but because it to verbally provide the on credit solutions 3 at the board meeting on the board approved in closed session an investment to 75 million, our 75 million to the fund closed on july within sfers portfolio. that's what i had fothe cia reports and happy to address any questions. >> thank you. the recognitions the staff got are tremendous it makes, i

always said that having that we have from top to as a dier much easier. and i can only thank evr effort and everything they do. >> i want to echo commissioner's comments. i cannot rprised that we received accolades. our staff has continued impress me every time i've had to go and deal with other organizations and go training and understand how much work it put into every meeting that we have or deci have to do. while i'm proud, i'm not >> an okay, let's call the next item. public comment.have any in-person public comment on this item?sanchez, protect our benefits as a it's important for us to acknowledge when there accolades coming to

100, city good. so y here and staff. i think it's important we watch when you're doing things you don't like and we do have to address when we think you're doing things that are very goodank you. >> thank you, commissioner. >> thank you for your comment. do we have further in-house public comment? seeing none, moderator, do we have any ca >> madam secretary, there are no callers on the line. >> thank you, hearing no callers, public comment >> next item please. >> thank you, item number san francisco disation plan quarterly planned review. >> thank >> and you come bearing gifts. [laughter] >> good ners, president heldfond, thank you so much for being here. esenting the quarterly update where we drill down and arof the plan which investment operat

up next is operations, its guarantee crediting rate for 3.14 for stable value is considered r for conservatiu8almost a billion. our le value investment manager has a 5-year contract with the pljune of next year. as much the plan is search process with our consultant and the timeline actually has bethe memo before you. can we move to ere. en we get to the next page.i'm pleased to say that we are operating ahead of schedule and are potentially inviting semifinalist to the october dcc meeting galyard also published a quarter update your materials for reference t.highlights market outlook, inflation forecast and key economic indicators. and speaking of markets, i've

asked tant to provide some key insides into last quarter's performance as well as the last current market. forward to the quarterly update which is at end of this memo please.at good afternoon, i'll be doing the update in since we have through june in front of you, there is a lot of some of is more of the same, growthntbe the top performing fund, anyear to date a themeatic perspective, that's the largest area.7 active managers, 5 are out performers some by considerable margin. one is even with it and one is under performing estate fund.

and that process is well as under way on implementation so big picture again, stocks small cap ich is a theme that we've seen. the bond market you'll see the active core manager up 12 basis the third quarter, the bond marketup over 3 percent on a page but as a reminder, volatility does happen. i know everybody is paying attention to inflation, doing. sometimes you see that forecast pretty quick in the stock and bond m and largely i'll finish by the range between 3 and a half percent and almost almost 10 for the longer dated funds and they're all or above their benchmark. so pause is any questions. >> any questions?

>> if there is no questions, i would like to move to pillar, which is marketing. launching a targeted direct mail campaign.to page 5 in my memo. this is where we see more details in the targeted method. we included 5 different versions, which was defined for s. this was received august, it was dropped in july and received in early august a follow-up email was sent this week. on page 4 and we've included samples in the back. we launched a new webinar working on distribution.hts the estimate of healthcare cost and retiremethe probability of long term care insurance is not covered by benefits and how are also higher if you retire before medicare attached is a sample of that drops

in august, this is a channel for us as there is always a spike activity after members receive this statement. and finallpleased to announce that our theme for retirement security be be your own influencer.e rise of social media, approach would resonate with o prospects. some sampleve been provided for reference, if you move to page 6, you can quick preview of what that will like nrsm will continue through the september and the plan featured at the benefit fares that are held board members have been provided well as the gift that # from after attending our annual in-person seminar at main library on october 16th at noon. so we look forward to meeting

there and everybody will be prepared to answer questions e no questions on marketing, i would like to move on the operations front, on july 19th, not even three weeks the irs issued new and final proposed required distributions, rmds. this will take place and will be year. the regulations governmental dc plans and helps clarify when their ben eficiaries must take their distributions. until then, interpreted by secure one and two and protectiac have a reasonable standard for compliance. speak ing the rmds, rmd will be based on specific ages detailed for those hand.bo the beneficiary rmd rules vary by type. for instance, you can be a surviving spouse or child or other individuals or state. there is 25 percent ex

sighs tax that--excise tax this. from the prior 50 percent tax and to 25, it could be further duce today 10 percent if corrective acmade with due time.fbp are work to go align with these regulation sxz ñ plired by december of 2029. for 2024, roth assets were excluded from zrrequirement and roth participants were all informed. we are also coordinating across departments to implement the neup limits for january es the ver i believe 60 catch up where een ages 60, 621, 62 and 63 you higher catch up amount that catch up goes away once you turn 64. so these changes require a of pay roll calculations and

data programming so that sure that we're at the right age so that people ibr contributions. if there is no ue on to the last pillar which keeper and then i'll to bishop who is from voya has been our keeper since 2015, under a 5-year contract that ends this month with the of three one-year extension.to extend our contract by one year due to voya's comprehensive tools. they have provided a fee service levels guarantee which continue our partnership add ya has recently upgraded their dashboard, their participate dashboard website to enhance the

financial planning experience. those improvement include inter account i interactive, education models for life events, a better ue, user experience.stated, here to provide the quarterly review which dives little deeper to customer trends. mr. bucking, would you like >> yes, and thank you commissioners for your time. i'llof the quarterly report so thank you.as trying to have done would like to highlight the participant, growth within the plan over the last two years, and the numbers have increased again. and another increase 951.29 percent within the plan of the quarter. assets, like wise grow as well as you heard from greg who is calinmarket activity has benefit thed the plan.as not as significant as the the growth of percent. this can #sbe on slide six as

well as you look at the activity of new participants, have resulted i should say decrease has resulted.slide 26, just wanted touch briefly with to the call center activity. we have seen the few quarters increase wait times as people were calling into the call ce have seen that decrease this quarterback to what are historical averages, to a manner where we have changed our out reach, so of the steps that we have taken have soedfirst call have resulted on increased answered times as well. and then on slide 28 just brief comment with regard counsel ak sifity, remains strong, dipped a little bit in due to vacation time that went across the whole teamnumbers go from annual wour goals at this point of the year j7and expect to reach

our goals as we close the second of the terms. with that, i'll answer any question i just want to e the word finalist by the iemean two or three or one. >> semifinalist. >> thank you, i look forward to piece when they become available. that was done pursuae cannot remember if we voted on voya? >> the, the authority to extend the contract resides with me, we did discuss it in the dcc. >> i remember the discussion. okay. thank you. >> any other questions? are yes, that concludes my report. >> very conc and thanks for the gift bag.

>> they were very well thought through by the staff so i >> they don't ma >>--sweater. >> very well thought through. >> okay, do we need >> thank you, do we have any in-person public none, moderator are there any callers on the line? >> madam secretary, there are >> thank you, public comment is now closed. >> item number 12, discussion item he order. >> quick question, when i was looking through, i think i might be confused but the schedule of trainings that in the ceo or is that in different area? or was it moved?might just have missed it. >> it should in the ceo. >> okay. >> i didn't see it in the agenda. >> i didn't get it to every one.

>> on septembeti know staff is doing a lot of work.is going ahead very well. so hopefully percent attendance. you will not be there? >> have any in-person public comment on this item? seeing none, moderator are there any callers? madam secretary, there are no callers on the line. comment is now closed. >> next item. number 13 adjournment. >> thank you. thank you every one.úx .

i am a civil engineeraining.y my career has really been around governmenten the opportunity came up to serve the city of san francisco i really needed to explore. [♪] [ i think it was in junior high and really to do well in math but faced some really interesting challenges. many young ladies were not in math and i in some of these classes. it was tough

it was difficult to succeed when a teacher didn't have confidence in, bu i realized that engineering really is what i was interested in. as i moved into college and took preengineering classes, once again i hit some of those same stereotypes that women are not in this field. that just because i was enjoying it, i was determined to be successful now i too and a couple it with public service. often we are the unsung heroes of technology in the city whether it is delivering network services our broadband services to low income housing. all of the residents here so that folks have access to do job searches, housing searches, else that anyone else could do in our great city. >> we are putting the plant in the ground to make all o the city services available to our residents. it is difficult work, but it is

also very exciting and rewarding our team exceptional. they are very talented engineers deliver the data and the services and the >> i love working with linda because she is fun. you can tell her anything under the sun and she will listen and give you solutions or advice. she is very generemembers all the special dayslebrating. >> i have seen recent employee safety. it is always top priority. i am always feeling proud working with her. >> what is interesting about my work and my family is my experience is not it is different. i am a single parr that is demanding and also having a child to raisee. i think for parentsrking and trying to balance a career that take time, we may have some interruptions. if there is an at sort of thing then you have to

be able to still take care do your service to your that is probably my take away and a lot of lessons learned. parents have the concern of how to do the balance i like to a good job for me, watching my sonhe job market, and he is in the medical field and starting his career he was always an intern the things that we try to do here and one of my takeaways raising him is how important internships are. and here in the deparchnology we pride ourselves on our interns. we have 20 year. they do a terrific job contributing outside plant five or work or our network engineering or nance team. this last time theyramming our reception robot pepper and they added videos to it and a these sort of things. it was fun to see their .

>> intriguing. >> the way i unwind is witphotography and taking pictures around the city. when i drive around california, i enjoy taking a lot of landscapes. y often, so you get a beautiful sunset or you get bunch of clouds. especially along the waterfront. it is spectacular. i just took some photosonderf b time, not only with the watertos, but also the rocks and the bushes and the landscapes. they are phenomenal. [♪] my advice to young ladies and women who would like to to really look at why you are there. if you are -- solver, if you like to analyse information if you like to discover new things, if you o come up with alternatives and invent new practice it is such a fabulous opportunity. whether it or engineering or biology or medicine, oh, are so many opportunities.

if you have that kind of mindset i have enjoyedy. the diversity o people, of this city, of the values, of the tale is here in the city. it isng and motivating and inspiring and i cannot iminstagram. >> hello, everybody this is oldest house were known for handmade our the (inaudible) is unique and onefew places you that is happeningnd few items we add on t food from the old school handmade from other places. this was fined by a german person that's why the

chineseout. you see chinese around chinatown because in the first block of chinatown will say chinatown on that and th ♪ >> san francisco! ♪ >> this is an exhibition across departments highlighting different artw our collection. gender is an important part of the diae.logu in many ways, this exhibition is contemporary. all of th the 9th century and spans all the way to1st century. the exhibition is organized intoor themes such as activities,formation

and it's not by culture or time period but differ affinities between the artwork. act example, looks at the role of gendertain activities are placed as feminine or masculine. we print by uharo that looks at differentties that derisionly performed by men. it's looking at the music. we have three women playing japanese instruments that would otherwise be played by men at that time. pairings so that is looking within the context gender in relationships. also with how people are idea of pairing in the first place. have three from three different cultures, tibet china this is sell vanity stot relevant because gender in different time

periods in cultures. sometimes being china but often male and features associated with gender binaries and sometimes in between. it l way of tying all the themes together in gender and from my culture specifically, is son't been recently widely discussed. this exhibition shows that it's gender and sexuality areal ave been considered and complicated by dialogue through the work of artists and thinking specifically a sculpture we have of deities because it's half it turns into a different theme in a way and is a beautiful representation of how gender hasn't been seens/ a one thing or a binary. we isn't a modest

concept. in a way, i f a lot of historical references and touch points throughout all the ages and in asian cultures. believe san francisco has close to 40% asian.e in the bay area. it's important that we awk about talk about this and open up the discussion around gender. what we've learned from organizingition at the museum is that gender has been something that has come up a of these cultures through all the time periods as something that is especially here in the san francisco bay area we feel conversations that people are having today. th people can carry that museum into their daily lives.gu has been a constantly

evolving roadway. the first bike lanes were in 1999 and today is the major north and south bikehborhood extending from market to mission street. >> it is difficult to navigate basis and more specifically, during the rn >> from 2012 to 2016, there were 260 collisions on valencia and 46 of those were between vehicles and bikes. the mayor shows great leadership and the long history of collisions and the realents on the streets, so she actually directed m.t.a. put a pilot of protected bike lanes from market to 15th on valencia street within four months time. [♪] >> valencia is one of the mostouth bike routes in san francisco. it has over 2100 cyclists on an average weekday. we promote transportation of the coalition. valencia is our mission -- fits

our mission perfectly. our members fall 20 years ago to ge bike lane stripes. whether you are going there for restaurants, nightlife, you know people are commuting up and down every single day. >> i have been biking down the valencia street corridor for aboutt time, i have seen the emergence of ridesharing companies. >> we have people on bikes, we have people bike share scooters we have people delivering food uber taking folksrts at night. one of the main goals of the project was to safety of the corridor, will also looking for opportunities to upgrade the bikeway. >> the most common collision that is actually due to double parking in the bike lane specifically during, which is where a driver opens the door unexpectedly. >> we kept all the the passenger levels out, which is the white crib that we see we double the amount of co curbs that you see out here. perking on valencia, they just need to get dropped off >> half of the commercial loading zones are actually after

6:00 p.m. so could be used for five-minute loading later into the evening to provide more portunities or passenger and commercial loading. >> the fiveg zone may help in this situation, but they are not along the corridor. >> one of the aspects of the valencia pilot is on the block between 14th street. >> we worked with a pretty big mix of people valencia. >> on this lot, there are a few schools. all these different groups had concer the safety of students crossing the protected bikeway whether they are beingicked up in the morning or afternoon. to address those we installed concrete loading islands with railings -- railings that channel -- channeled a designated crossing plane. >> we had a lot of conversations around how do you load and unload kids in the mornings and >> i do like the visibility of some of the design pilot for the school. >> we have painted continental crosswalks, as well as a yield piive the right-of-way so they

can cross the roadway. y one of the most unique features. >> during the planning phase for therming protected, which we see with the pilot, they also imagined a we have two bike lanes next to one another against one side of re. a two-way bikeway. a center running two-way bikeway c. would have the two bike lane center with protection on either enter lane designs in san francisco, but i think it will be a great opportunity for san francisco to take on that do so the innovative and different, something that already. >> with all three concepts for valencia's long-term trade-offs ranging from parking or what done at the intersection for signal infrastructure. or this still -- this design lot of different design challenges, as well as challenges when it comes to doing outreach andg sure that you are reaching out

to everyone in the community. great. it is a no-brainer. it is also a teaser fornds, we have thrown back into the chaos of trying to do is incremental improvement along the corridor door. the pilot project(é first major improvements. we will do an initial valuation in t is happening out here on the roadway and to maketments to the pilot as needed. this fall, we will do a more ation. by spring of 2020, we will have recommendations about long-term improvements. >> i appreciate the pilot and how quickly it went in and was h the community workshops associated with it, i reallypportunity to give input. >> we want to see valencia becomeelcoming and comfortable neighborhood street for everyone, all agean there's a lot of benefits to protected bike lanes on valencia s not just for cyclists. we will see way more people e+, we are just going to create a really friendly neighborhood street. [♪

2024.) good afternoon, everybody. hardd,ding wednesday, july 17, 2024 hate to say this half gun special meeting on wednesday, july 17, 2024, members of the public may watch live stream and thank you sfgov for your support secretary, call the roll and prior to roll scheduling results some and thank you to directors alternate for joining us that with report here.

>> present director