relates to infrastructure financing decisions so existing law provides that financing district or ifd's could not be in place in former or even existing r e development project areas and this provided immediate relief to cities, counties, success or agencies across the state that hadn't adopted the provisions like san francisco did whether it was housing trust fund or economic development back fill. in this case, for example that will help visitation valley which didn't have an executed contract in place at the time the dissolution 2 years ago. the city has been actively negotiating that project with the private partner. it's contaminated and it would allow and we did go through with the board of supervisors in the city the process and the formation of ifd directs and would allow with n our existing areas and even our active project areas, for example transbay or mission bay or hunters point. of course it's to first pay an existing debt and the trust fund and there is a mandate to keep the schools whole. so it means city college, k-8. all the schools and if there is money left that far

they are trying to cut open an antique safe as they search for ifd. it sounds like they -- for evidence. it sounds like they are having trouble. the fire department was called in to help open the safe. agents served a search warrant here at this location as part of this widespread criminal investigation involving state senator leland yee and the fbi does confirm they've arrested raymond chow, the president of the freemason association. these are recent photos of chow taking part in a ceremony in chinatown. he's a number of people arrested today. agents are not revealing much about the nature of the investigation. >> this morning, the fbi is conducting multiple search warrants and arrests. we ask that you limit your questions at this time. >> reporter: according to local law enforcement agencies, though, the fbi did serve search warrants at more than a dozen locations around the bay area. many of them here in san francisco. we do know that agents stormed this multi-story at building on hyde street near broadway early this morning. we saw evidence on sc

they are not prepared to go further with strong sanctions, that ifd have to face there were actions outside of crimea. crack could there be another flashpoint? >> i think we have to be prepared for a flashpoint in ukraine or meld over, -- or mold over, or virtually -- ukraine or moldova, or virtually any place. i do not think he expected to lose the west of ukraine. i think we will see further actions to destabilize ukraine. they will raise the prices on gas. maybe stop gas deliveries. stop anyone expected to be a russian speaker. there is a whole bag of tricks mr. putin has to probe and prod and try to find a weak point. what he would like this to have a government in kiev which is not anti-russian. >> that is not happening. how worried you think they are in moscow since the crisis began? do the sanctions hurt? >> some people are worried about that. i am not sure how much mr. putin is worried about that. it has been suggested he will be worried about the oligarchs taking hard hits. that plays pretty well for russian domestic politics. >> maybe not such a big deal. thank you so much for joi

#6 or 7 with a number of redevelopment clean up bills and proposing to expand the permitted uses for ifd for affordable housing. i have to do some more due diligence on that and report back to you on the applicability on that. there are a number of those out there and i have to keep the commission on the posted an we are tracking and following those. >> i think that's the only one that passed and that i had a question about and it was nicknamed polanco something like that. >> we'll look into that one and probably do an informational memo back to you on its applicability and i can put it back on the directors report. >> okay. thank you. any other questions? okay. this you very much. let's go back to item 5e. we finished our discussion. we have the sole proprietor from twin peaks iii. would you like to say anything about your business operations and how you are finding things on shore view? >> actually what we do if we just monitor the park. >> my name is rita, harvey tyler with maintenance company and we monitor the park to make sure it's clean and if there is anything to be reported back

. -- ifd love to end here the u.s. could export national gas and -- natural gas and oil, that would put some pressure on russia. >> people keep talking about this as a way to put pressure on them. we can't do this quickly. >> as you point out, it's not up and running. >> we have been talking about 2017 before we get exports. it's well and good to talk about increasing exports, but we cannot do it in a timely fashion. it is not a silver bullet. >> and we have only pledged one billion of the $35 billion the ukraine needs. >> is putin shaking in his boots? no. >> and he can live with that higher oil. thank you so much for your time. >> coming up, the bitcoin founder has been discovered, in theory. we're going to discuss what it means for bitcoin. bloomberg sat down with israeli prime minister, benjamin netanyahu. we will hear what he says from cyber security to solving tell a 40's drought problems. we will be right back. ♪ >> and "news week" reporter says she has found the founder of bitcoin. 64-year-old japanese man livi

but ifd be more tenuous vladimir putin can continue to just keep the russian standard of living increasingussians would be inclined to let him have his way on the international stage and that is a character of russian politics. house is white supposed to meet with the israeli prime minister. a framework for the middle east is poised to be released by secretary of state kerry. where are we in this process? guest: prime minister netanyahu is in town for the annual apec conference which is a chance for him to meet with obama. that he tends to pressure prime minister netanyahu into agreeing to the john kerry framework for middle east peace. he is warning against israel's grave consequences for their future if peace with palestinians is not pursued in short order. prime minister netanyahu is not likely to be persuaded to change his views on the interim framework agreement by any conversation with president obama today. knowsws the issue and he within the framework agreement and he will either supported or not supported. will not change between now and whenever they meet. we will have to see it