in 2002, cohen sent out christmas cards where he posed as king cohen.y 2008, his personal fortune reached $8 billion. beating the stock market year after year, cohen's returns, even with his first calls, seemed too good to be true. >> he takes 50% of the profits and then he returns, even after that, like 30%, 40%, 50%, 60%. >> smith: so in order for him to return to you a 50% profit, he has to make 100%. he has to double money. >> yes, and it averaged, for many years, 30% after expenses. >> smith: after expenses, to deliver 30% to his clients... >> yeah, that's over time, it's huge. >> smith: ...means he's making more than 60% on the money he's managing? >> now you know how you go from $25 million to $9 billion. >> smith: how does anybody make 60% a year? >> well, the feds are asking that right now. >> narrator: the government's investigation of sac capital has taken a long and circuitous route. seven years ago, it began focusing on a new york city hedge fund, the galleon group, and its ceo, raj rajaratnam. rajaratnam was another wall street legend. he

supervisor cohen. cohen aye. there are 8 ayes and three nos. this ordinance is finally passed. [gavel] >> supervisor yee, a motion to rescind? >> can i rescind the vote because i voted incorrectly. >> supervisor yee has made a motion to rescind. without objection this passes. let's take another roll call vote on this. [gavel] >> on item 44, supervisor farrell? farrell aye. supervisor kim? kim aye. supervisor mar? mar aye. supervisor tang? tang aye. supervisor wiener? wiener no. supervisor yee? yee no. supervisor avalos? avenue lotion no. supervisor breed? ~ breed aye. supervisor campos? campos no. supervisor chiu? chiu aye. supervisor cohen? cohen aye. there are 7 ayes and 4 nos. >> the ordinance is finally passed. [gavel] >> item 45. >> item 45 is an ordinance amending the heythv code to authorize the implementation of court-ordered assisted outpatient treatment for individuals with mental illness who meet the criteria established by california welfare and institutions code, sections 5345-5349.5, to require the

president. >> supervisor cohen. >> thank you very much. thank you. already ladies and gentlemen, i'm trying to make this as brief as possible, but i have several items that i want to talk about. first i want to acknowledge and thank the planning department for their unparalleled leadership and commitment to helping me get the development agreement passed. i was remiss and didn't have an opportunity to thank them last week during our fifrs reading and introduction. today i'm introducing a filming notification and this will require filming companies to provide at least 24 hour notification to neighboring businesses and residents should their filming obstruct traffic or public parking spots. we've recentsly seen an increase in film productions across the city. my neighbors are extremely sensitive to the inconveniences often that filming can create in the neighborhood. while it's a great thing to see our city highlighted in movies and commercials seen around the world, it's important we provide notification for businesses that might be impacted by the pr

kim i; mar i; tang i, wiener i, breed i, campos i, chiu i, cohen i, farrell i.re are ten is. >> those ordinances are passed. next item. >> item 18 is the annual budget and appropriation ordinance to appropriate all estimated receipts and expenditures. >> item #19d. 19. >> [inaudible]. >> supervisor breed. okay. can we take these two items, same house same call? without objection, these ordinances are finally passed. items 20 through 22. >> items 20 through 22 are ordinances associated with the schlage lock project between the city and visitation development. item 21 amends the planning code to provide for use controls and amends the zoning map. and item 22 amends the general plan to implement the visitation valley schlage log special use district. >> same house same call? without objections these ordinances are finally passed. item 23. >> this is to amend the charter of san francisco to provide retiree benefits to retirees of the city and county. >> supervisor cohen. >> thank you very much, mr. president. good afternoon everyone. good afternoon colleagues. this

supervisor cohen. supervisor farrell. supervisor kim. supervisor mar absent. supervisor tang. supervisor wiener. supervisor yee. we have quorum. thank you. item number 2 >> item 2 approval of the meeting of the june 24th. >> can you have is a motion to approve the june 24th meeting minutes and can we same house, same call? - you want to we'll take a roll call. >> on item - public comment. >> public comment on the minutes seeing none, public comment is closed. if you have public comment please come forward you don't need to raise your hand >> man has only the sole purpose even if existence no matter what is the position in life all pertains to the wholly mission. everywhere in time and in status thank you. >> okay is there any additional public comment on item two the minutes seeing none, public comment is closed. madam clerk call roll >> supervisor avalos absent. supervisor breed. supervisor campos absent. supervisor chiu. supervisor cohen. supervisor farrell. supervisor kim. supervisor mar absent. supervisor tang. supervisor wiener. supervisor yee. that item passes >> thank y

commissions under 5 mayors i admire supervisor cohen your efforts to work with the mayor to protect pdr and the designer district was created in the 70s and is one of the great examples of pdr in the country that is an effort by a multiple billion dollars real estate firm to bypass the local zoning laws to make a whole a lot of the money. i think it's hilarious the design of penn truce and how this will help. understand what we're talking about we're talking about recreation and parks department people for people that make furniture and sell it and fabricate and replace that with photos of what they were creating. someone said india it has no relationship to the strict it is a combination of groups coming possibility together and working as the previous lady talked about. i think you should reject this and perhaps send it back to the landmarks board and ask them to hear from everyone they didn't hear from the first times around >> thank you. next speaker. >> i'm warren i'm a designer. i walked by those show rooms and into the show rooms on a daily basis. i'm only one designer i do over

supervisor cohen. supervisor farrell absent. supervisor kim absent. supervisor mar. supervisor tang. supervisor yee. that item passes. >> okay. next item. >> this fiscal year has been a busy month it's been a busy month at the time transportation authority first our staff and the staff from the sfmta committed committee meeting in our 11 district to discuss the revenue measures for this fall and next year those include a $500 million obligation bond for transmission that all 11 supervisors want placed on the ballot in november and as well as 2015- 2016 the restoration of the vehicle license fee they'll build on the prop k tax and they'll level with the region funds to improve pedestrian safety and bicycle safety and smooth our roads and help with the offer burdened transportation system our staff worked closely with the agencies on the update of the prop k transportation programs we'll review at the board next week month neighbors in several districts gave their input and prioritizing the transportation consistently across the city the vision zero committee and the p

supervisor cohen. supervisor farrell. supervisor kim. supervisor mar. supervisor tang. supervisor wiener. supervisor yee. that item passes >> okay will you call item 7. >> approval the prop k this is an action item. >> seeing no names on the roster we'll open this up open this up for public comment any public comment on that item? seeing none, public comment is closed. madam clerk will you please call roll >> supervisor avalos absent supervisor breed. supervisor campos. supervisor chiu. supervisor cohen. supervisor farrell. supervisor kim. supervisor mar. supervisor tang. supervisor wiener. supervisor yee. that item passes. >> thank you. madam clerk call item 8 >> item 8 possible closed session for the employee evaluation. >> colleagues, we, kick this in open or closed session i know that supervisor mar and supervisor cohen will be prepared to report to the board of the personnel committee to shall we do this any member of the board wants to do it in closed session i'll put that out to the bodies. anyone have a particular view >> closed session. >> so do we need 0 motio

supervisor cohen? cohen present. supervisor farrell? farrell present ~. supervisor kim? kim present. supervisor mar? mar present. supervisor tang? tang present. supervisor wiener? wiener present. supervisor yee? yee present. mr. president, all members are present. >> thank you. ladies and gentlemen, could you please join us in the pledge of allegiance? i pledge allegiance to the flag of the united states of america, and to the republic for which it stands; one nation under god, indivisible, with liberty and justice for all. >> colleague, we have our june 3rd, 2014 meeting minutes. can i have a motion to approve those minutes? motion by supervisor kim, seconded by supervisor campos. those meeting minutes are approved. [gavel] >> are there any communications? >> there are none today, mr. president. >> if you could read our consent agenda. >> items 1 through 5 comprise the consent calendar. these items are considered routine. if a member objects, an item may be removed and considered separately. >> kiloton, i want to sever item 4. with that, unless there are any item to be

supervisor cohen how do you want to handle were you going to have the project sponsor come back up >> i'll be brief i want to clear up the leasing numbers at times we refer to the design center as two buildings to be specific henry adams there's 77 leases in place and 31 are month to month. since our last hearing and subsequent to meeting with supervisor cohen we've been able to convert those to longer leases now have the 31 there's 15 remaining. the maximum displacement for the project with penn truce is a total of 8 tenants that represents less than 21 thousand square feet. as we continue to see contraction in the galleria more space will be made available in addition to those tenants there are 5 tenants that have subsequential debt collection average 10 and a half thousand dollars in awe rears. we're going to pay for relocation costs to make sure they find a home in this district. i want to touch on briefly what is katrero boosters we agree the viability of this district is important to us. so with this project moving forward with its landmark and understanding the conditional use

thank you supervisor cohen and the committee. my name is ariana casanova, and i want to thank the committee for addressing this. it's a unique situation to san francisco. most redevelopment agencis, for example in the east bay are all pers and they were easily followed into either cities and this wasn't an issue. it's very unique in san francisco because of the charter amendment. and it is also the right thing to do to recognize the very important work that a lot of these workers do, the transbay tunnel, hunters point and recognizing their contributions to the economic stability of the city of san francisco. and so with that, i hope we could support and move forward and do justice for these 38 workers, which i represent 16 of. and so that we can continue to do the great work that they do, and for the city. thank you. >> thank you. any other public comments on this issue? >> yes, i work with the office of community investment -- which used to be the san francisco redevelopment agency. i'm on the hunters point shipyard project team

. >> so supervisor cohen. >> thank you very much. yes, colleagues, so thank you again for allowing me an opportunity to come to this committee. and present to you a hearing item today. this is a proposed charter amendment, a narrowly crafted resolution to transition approximately 38 employees who were formerly employed by the redevelopment agency. and as many of you know in 2012, there were in 2012 we were all reeling from the governor's decision to abolish the redevelopment agencies across the state and to say the least this is one issue i'm working with and i was just in another committee dealing with another issue with the dissolution of redevelopment agency has put us in a state of tizzy. over the past three years we focused on moving forward projects that have benefited from tax increment and finding out tax increment dollars and finding alternative sources of funding for infrastructure, and affordable housing and project areas. well, however similar to those projects, there are employees of the agency who have spent a number of

motion by tang, second td by cohen. is there any public comment that concurs in the continuation of the revised declaration for the emergency rim fire? any members of the public wish to comment on this? >> [inaudible] i'm always here to at least always continue to have citizens and residents to comment and to know really what's going on on anything that come by the board of supervisors if you don't really know. i spend a lot of time fighting for hue juan rights in the city and i think that san francisco, you have to honor the small people in this city and it's showing that with these [inaudible] the votes are not reflecting human rights and civil rights. i hope that this will be -- we found the cure to aids, i think we can find the cure to convict to the eviction because violence it reaches us all and there's no reason we should be left africa and [inaudible] that's part of violence that you see. every time someone is killed in your neighborhood they say i'm not no punk and they shoot, you all need to understand that bl

that all of you are anxious to provide feedback with this hearing, and i want to thank, supervisor cohen for her leadership on this matter, this is definitely very important issue, and i know that there is a number of leaders here from san francisco, black chamber of commerce, and the folks from sftravel, and working together, and i think that we could make sure that the industry is opening its doors to the african americans for employment opportunities and other things that exist, all over. and thanks, for the leadership and i am looking forward to the presentation, and looking forward to the feedback on how we can work together to make this city more open and inclusive to the african american, and president chiu, would you like to say a few words >> thank you. >> i also want to say that i am happy and i want to thank supervisor cohen for calling this hearing, this is actually a topic that we have discussed a number of times over the past year. my district includes our major tourism industries and supervisor said, we talking about an over 16 million tourists every year and 9 billion wor

supervisor cohen. supervisor farrell. supervisor kim. supervisor mar. supervisor tang. supervisor wiener. supervisor yee. mr. president, all members are present >> ladies and gentlemen, please join us in the pledge of allegiance. and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. colleagues, we have meeting minutes from june 24th as well as june 23rd and 25th do i hear a motion to approve the minutes wksz those are approved >> madam clerk that any communications. >> none. >> consent are considered to be routine and may be acted upon by a single roll call vote of the commission. arrest roll call >> supervisor mar. supervisor tang. supervisor wiener. supervisor yee. supervisor avalos. supervisor breed. supervisor campos. supervisor chiu. supervisor cohen. supervisor farrell. supervisor kim. there are 11 i's >> those resolutions are adapted item 3. >> an ordinance to authorize the department of public health to enter into operating leases for equipment. >> colleagues, same house, sa

committee i'm scott wiener the chairman to my right it supervisor kim our vice chair and supervisor cohen. our clerk is andrea and thank you sfgovtv for broadcasting jessie larson and jonathan madam clerk, any announcements? phones, pagers and similar sound-producing electronic devices are prohibited at this meeting. please file all indulgence to the clerk and items on today's agenda will be on the next meeting. >> i believe madam clerk we're attempting to identify on overflow room. >> that's correct. >> so we'll have an overflow room we have blue cards in the front if you're interested please fill out a blue card and note the number on the agenda you wish to address. madam clerk cail item one >> it's a resolution for the vail controls in the castro neighborhood district. >> thank my co-sponsors supervisor campos and supervisor mar. those are interim zoning controls to address a specific issue in terms of projects that are determined by planning department staff to constitute fvrl and those projects make a change to one or two aspects to try to remove the project from formulating in the c

supervisor cohen. cohen aye. there are 1 ayes. >> these resolutions are passed on the first reading and resolutions are adopted. [gavel] ~ 11 >> with that, madam clerk, could we go to our 2:30 special commendation? i understand we have one commendation today. that's supervisor mar, and i will be jointly presenting and i would like to defer to supervisor mar. >> thank you, president chiu. i see former supervisor here in the chambers with us today as well. i wanted to say that along with president chiu, it's my honor to recognize an amazing community leader and education leader at social work and community leader nancy lim yee. and we have later on our agenda a resolution acknowledging her work as well. but i'd like to ask if nancy lim yee could come forward. i know her son robert is here with us, too. but, ms. lim yee is an incredibly inspiring leader. i worked closely with her on the first five commission. i know of her work through many others as well. she's the director of the chinatown children's development c

thank you all so much for being here and with that i am going to turn it over to supervisor cohen. >> thank you. >> good morning, everyone and having for coming out today. and so i just want to by way of background, just introduce why we are here today. the hospitality and travel industries are some of the largest industries in our city. just last year, in 2013, san francisco benefited from a record of 16.9 million visitors who spent over $9.4 billion dollars in our city on tourism-related activity and we only expect that number to continue to grow in the coming years. hotel tax revenue is up, 8.1 percent, to 607 million dollars and tourism jobs have increased to 3.8 which is a total of 76,834 jobs. and hotel room rates have also risen, 12.8 percent to an average of $207 per night. and even though we see all of this growth in the millions of dollars, being spent right here in our city. some groups are not seeing, or reaping the benefits overwhelmingly these groups have included specifically the african american community. and earlier this year, a coalition of leaders and businesses, g

>> yes, thank you very much. >> if we can continue these items as moved by supervisor cohen. is there a second by that? seconded by supervisor kim. without objection, these two items 48 and 49 will be continued to the 15th of july. [gavel] >> thank you. >> okay. let's move, madam clerk, could you call items 41 through 46 related to a variety of local operating subsidy contracts. >> items 41 through 46 are the resolutions to authorize ~ resolution authorizing the director of the mayor's office of housing and community development to execute a local operating subsidy program grant agreement with plaza apartments associates, lp, a california limited partnership, to provide operating subsidies for formerly homeless households at plaza apartments, 988 howard street, for a 15-year period, in an amount not to exceed $19,119,769. ~ and formerly homeless transition age youth, with the plaza apartment associates at the plaza apartments at 988 howard street for a 15-year period, for not to exceed amount of 19 million. with mercy housing 50, for vera haile [speaker not understood]. for 1

so i am joined in this committee by supervisor cohen and supervisor cohen would you like to make some comments? >> thank you very much, i would like just to acknowledge some of the talented women that we have on the agenda. we're speaking on christine johnson, but also to uplift sonia melara and gwyneth borden. christine has been an asset not just to the southeast neighborhood, but she is more than just an african-american woman and representative, she is a representative of the entire san francisco. she is a representative of a generation that struggles to be in between folks that are currently holding power and folks that are looking to assume some more responsibility. she has risen to the occasion. i personally asked her to meet and confer with labor and the mayor's office as my representative and kept me attuned to what was going on. what was most impressive, she was able to use her financial prowness to help bring enlightenment on a labor issue, a labor dispute which ultimately resulted in a peaceful resolution. so i'm happy to add my name in support of miss christine johnson and

supervisor cohen, i have distributed amendments. i did make the one change to the amendment to incorporate the concept that background checks con sis sent with the fair chance ordinance as i read into the record and i have that written out for the clerk if that would be helpful to the clerk. sistent with the fair chance ordinance as i read into the record and i have that written out for the clerk if that would be helpful to the clerk. i will make a motion to adopt the amendments that i've made. supervisor mar, the changes he suggested in my view are not consistent, i think, with the facts as i see them. i don't think that the bla report for example, finds that the tncs are a threat to public safety. i think a report by the budget and legislative analysts showed that the current minimal regulation of tncs poses a significant potential lierment for the city and county of san francisco taxi drivers, i don't agree with that. and then the last resolve that was suggest ed is inconsistent with recognizes that tncs are part of our transpora

supervisor cohen. supervisor farrell. supervisor kim. there are 11 i's. this ordinance is passed on is first reading >> item 62. >> a resolution for an 19 period to clear the distinction in the planning code and affirming the planning department's environmental determination. >> colleagues, can we take that without objection same house, same call? without resolution with that we have results back for our two special p.m. i know we've called the first could you please announce the results of ballots. >> yes. mr. president, for the lower polk was 68.23 percent and the return ballots voting against was that 1 percent 77 percent further indicating there was no majority protest. >> it's been described i want to thank the community for all their work and no majority profits we can precede with the vote to adapt the resolution to establish the lower polk benefit district roll call vote. >> item 46. supervisor mar. supervisor tang. supervisor wiener. supervisor yee. supervisor avalos. supervisor breed. supervisor campos. supervisor chiu. supervisor cohen. supervi

i want to recognize the incredible work that cohen and wiener have done. there are folks in every district supporting the soda tax measure. i know the tenderloin food justice commission has been very active on this and i want to appreciate their lobbying and advocacy on this and my no vote doesn't reflect the hard work that's gone into this. someone told me a very interesting fact yesterday was that evictions went down when they introduced the closing the loophole to [inaudible] didn't make it fwartd, but the one thing i have to say is that if nothing else i think that placing this on the ball let will push a conversation on sugary beverages and its impacts and i think that's an education campaign. i'm glad this conversation is happening. the education i think is absolutely the right way to get people to consume less sugary beverages. i'm just not sure i support a flat tax, a regressive flat tax to make that happen. >> supervisor yee. >> thank you. i guess i'm going to have very similar remarks as supervisor kim. i appreciate the authors of this ordinance

as provided by supervisor cohen's office. this project is important for community to feel proud of a great resource that it can provide not only for san francisco but reasonably for the bay area. i urge you to approve this transfer to make san francisco more beautiful. >> thank you very much. are there any other members of the public who wish to speak on item no. 1? seeing none, public comment is closed. colleagues. i want to echo a lot of the comments made before. i'm a huge supporter of this project. i really do appreciate some of the comments and concerns raised by supervisor breed. i think they are the right questions to be asking and mr. ginsberg is right. we need to take the long view of san francisco here. once we lose plots like this in this

a selection of opening statements delivered by committee members including barbara jordan, william cohen, trent lott, a committee chairman peter rodino. first a conversation with william tell him. he was a young republican member of the committee in 1974. he gives a behind the scenes account. >> you were a freshman representative from maine. a member of the house judiciary committee. after a month of meetings in the articles of and infusion and were about to be introduced. what was happening? gathering.ans were i assume the democrats were doing the same thing. there was very little discussion among the members. i did not have a discussion until the night before we actually went public. it was the day before. i met with tom railsback. he invited a number of people to drop by for coffee and it was at that meeting that i first saw what group might be willing, or inclined to vote against impeachment, who might come that morning. i met jim mann and talked to him for the first time. walter flowers and talked to him for the first time. and caldwell butler and we met at that point and said is th

supervisor cohen, thank you for bringing this measure to our attention. i personally feel there is going to be maybe some costs to the city, but as i was pointing out, if we had taken the redevelopment agency as city employees in the first place, we would probably end up having very little difference in the expenses. and i think for me, just because they were not hired by the city and under some other agency but yet these are the same people serving our communities in san francisco. i think it's just the right thing to do. with that, i will be supporting your amendments. and i also want to be added as a co-author. supervisor tang. >> thank you. i just want to thank you everyone who came out and spoke during public comment. i know that some of the issues were actually raised at that time. so i don't know if perhaps our director of human resources, since you are here if you could speak to some of the comment has there were made? >> thank you, supervisor tang. supervisors, thanks for the opportunity. we have been working with the city-attorney's office, supe