. >> perhaps night -- march 29 and april 5. that would be april 5. the phase two would come back on april 5. >> interface 3. >> and face three -- phase three. the divided portions would come a week after that? april 12. >> phase three would come back on april 12. >> does this require an extension from the board? >> you have one more week so, yes. >> ok. if there are and exceptions to that motion, if no one has a problem. we would cover those dates. thank you, commissioners. the motion passes in endlessly. >> we will take a four-minute break. >> before we item -- we consider item 4b. thank you. >> ready to entertain item 4b. zoning map amendments. >> i need to recused myself of this item. >> we need a motion for refusal of commissioner fong. commissioner moore, aye. commissioner antonini, aye. commissioner fong, aye. commissioner borden, aye. >> i understand you want to move the portion of the embarcadero which is a map change and that is under this item as well since you voted the previous item to change the code so that portion can move forward. and

it will be completed around april. the permit has been approved, and construction permit has been issued. this deal work is expected to begin mid-april. now to move the plant in st. wharf project. the demolition of peerier 36 is well underway. they have begun demolition work of the shut and your building. the pier -- the building should be removed by mid-april. contractors working extra shifts to make the schedule. the contractor is currently preparing items including piling. during the demolition and floor plit is reduced to 15 feet with segments for the reduced to 15 feet to accommodate certain sections of the war. a complete section of one northbound lane will take place in early november until late december. this is required to rebuild the portion of the, not adjacent to the southern edge of pier 32. during this time the bike lanes will be routed into the closed northbound lane. that concludes the executive director's report today. >> thank you. we have public comments. francisco decasta. >> commissioners, i come h

we're going to have one in april. commissioner maufas: i wanted to remind everyone that the along -- the alliance of african- american educators meeting is wednesday at st. mary's cathedral starting at 6:00. students and parents will be assembling starting at 5:00. parents, get your honor roll students there at 5:00. for us other folks, it starts at 6:00. thank you. over

3 and then on april 17. the timing is good to give an early glimpse and try to stimulate some of that robust conversation. i do have a power point i will walk through and i look forward to any questions a d a v have. i am going to first talk about the operating budget on the expenditure and revenue side and then talk about the capital budget. we've brought this to the mta board in a preliminary fashion and i am bringing to you what i have shared with them as well. on the revenue side, here is what the picture looks like in terms of baseline. the main message here is that if you look at the funding overall, we are about a quarter of general fund, a quarter of general affairs, one-third from parking, and the rest from grants and at other miscellany and we don't expect that to change. we are about 800 million on the revenue side. this is more or less just continuing afford what we have now. changes through indexing -- i have a slide of later that will show that. supervisor elsbernd: what is the formula that pro

i am sorry, april. i do not have the date. >> april 18, i believe. >> ok, april 18. is that the third wednesday? ok. any other items, commissioners? ok, is there any public comment on items 14a or b? seeing nine, item 15, review and approval of the minutes of the regular meeting of some timber 21, 2011. >> move to approve. >> second. >> can i also said that i really appreciate that we're trying to catch up. you notice that we are only at mid last year. i would hope that we can prioritize that. it justifies getting help for sonya maybe. >> that is exactly what we are using. >> hopefully next month you'll have two sets of minutes. >> thank you. >> traditionally, when do we get those minutes? >> prior to the meeting. >> with the package. ok. >> ok, there is a motion in the second to approve the minutes. all in favor? any opposed? the minutes are approved. item 16, adjournment. motion to adjourn. >> moves to adjourn. >> second. >> public comment? we're now adjourn. it is 1:03 p.m. >> thank you.

so on april 6th, april 6th, 1861, lincoln's going to send a message to the governor of south carolina and say, look, his last name is pickins if you're curious. francis pickins, governor of south carolina. he's going to say, look, we are saenlding a relief ship down. this is not an act of aggression. got fresh food, fresh water, medical supplies. we might put a couple guys into fort, take a couple of guys out. we're not reinforcing the fort. this is not an act of aggression. the governor basically decides, i don't know. i'm going to pass this up the chain, see what everybody else says. they send the message to davis and his advisors. jefferson davis and his advisors talk about this two days later, on the 8th of april, 18616789 they're debating it. they say, look, let the relief expedition in because we do not want to fire the first shot. the confederacy's whole argument is we're not starting this thing. we don't want a war, we just want to break away. we're not trying to overthrow the government, we just want to break away. if they start the thing by firing on a federal installation,

so on april 6th, april 6th, 1861, lincoln is going to send a message to the governor of south carolina and say look -- his last name is pickens, by the way, if you're curious. francis pickens. and lincoln is going to send him a message and say, look, we're sending a relief ship down. this is not an act of aggression. you've got fresh food, fresh water, medical supplies. we might put a couple guys in the fort, take a couple of sick guys out. this is just a relief expedition. we're not reinforcing the fort. this is not an act of aggression. the give no nor is looking at the situation and basically decides, i don't know, i'm going to pass this up the chain and see what everybody else says and they'd send a message today vis and his advisors. richardson davis and his advisors talk about this two days later. on the 8th of april, 1861. and they're debating it. some of them think, look, let the relief expedition in because we do not want to fire the first shot. the confederacy's whole argument is that we're not starting this thing. we don't want a war. we just want to go. we're not trying to

i wanted to look to april. i wanted to buy the stock at 61. i bought the april 50 puts. for 45 cents. i sold one of the 57.5 puts for a dime. my max gain is $2.15 if the stock is 57.5 or lower. i think you have a good shot at this trade. i think the market has extended here. i think this is a name that should be weak if the oil runs. >> i like the thesis. i like being bearish on these names. all of these retailers are going to have a tough time. even gasoline retailers. margins get hurt. we love buying put spreads because the downside put you're selling is relatively very expensive. in real money terms it's really expensive. i wouldn't sell for a dime even though i understand why dan's doing it. vol in this name is cheap. it's less expensive than the s&p outright. i'd just buy the at the money put for 45 cents and wouldn't care about the dime. >> here's the thing. if that spread was 4.50 bucks and a buck, you probably wouldn't say that. in dan's case he trades these at a clip. the real important thing is think about it in percentage terms. also think about it in terms of

you are looking at april and may to finalize. thank you. >> to address the question of the numbers of students on each bus, we do have that information by school site and we can multiplied that to all of the board members. the methodology is it is basically an occasional cow that is updated, a snapshot that is updated. we do not have in place, at this time, a swipe card that allows us to know if students have actually ridden the bus. that is something we are exploring. the methodology we rely on right now is occasional snapshots of the counts. just to continue and we will wrap up our part. in terms of options for family input, we have a couple of different options in mind for families to identify and give us information. one is through the principles and site managers and the other is through the transportation department directly. if they provide information and feedback to the principle and site managers, our administrators could also confirm that affirmation to the transportation department or the executive director's. ultimat

proposed for continuance to april 12, 2012. item number two, case number 2012 .0084 ddd for 2735 to 2737 baker streets, this item is currently on calendar proposed for cant wans to april 26, 2012. however, staff has informed me that the d.r. requesters are asking for continuance to be further out and you can take that at the call of that item. or after we announce all the items. item number three is case number 2011 .0148 e. the mini and lovey, proposed for continuance to june 28, 2012. commissioners, i am not aware of any other item on this calendar being proposed for continuance. president fong: is there any public comment on these items? seeing none, commissioner miguel? commissioner miguel: i move the items -- i'm sorry. >> public comment. >> the 2735 matter. april 26 was the debt set by the department. but on account of our calendars, we cannot all be there that date, but we very much appreciate it if we could extend either to june 7 or june 21, which are both dates that we are able to make. all of us are here, by the way,

but should go in april. we're looking at april. so we're praying that it will be april. [laughs] please help us. >> thank you, director. we share the opinion. any more questions? >> we have other technology projects, too. >> ok. >> 13f, update on other technology projects. >> pamela, the old inspection cured one of our focuses, we have been trying to focus on putting things on the web. we're now continuing limited user beta testing for 3r reports to make their request for the public. for the public to make their requests. we're still working on beginning, you know, getting our project up and running for an i.t. equipment room. for the department that will have planning and human services agencies. we continue to have some issues having to do with whether the generator can take on all the applications that need to be available if we were to run into some issues with power. we hope to have those resolved by the end of this week. and then, we're still waiting for the department of public works to provide us an estimate of what the scope of the project is. we know what we wo

buying the april 105 puts for a buck 80. i'm selling one of the 80 100 puts. 90 cents is the max gain. that's my break even and between 104.10. i can make up to 4.10. what i'm trying do is isolate a level in which i can get the stock to pull back to. if there's any bad news whatsoever and again like we're going to talk about in cat, we've got that. don't be fooled in a market like this. stocks like this can move like that. >> do you like the strike prices here? >> i do. and i also like taking a bearish bet here. we look at our research analytics and 2200 different stocks. and nike ranks about 1500 out of 22. there's a huge gap of plenty other stocks you can own. it's had a huge run. call it coincidence or not. it's separated from mcdonald's roughly around the time it seemed imminent that peyton manning was going to leave the colts. his jersey impacts may have an impact. nike seems overvalued here. nike seems overvalued here. >> you have manning and lin. >> who is lin? i've never heard of jeremy lin. i think the difference be

so dan instead bought the april 10 strike put. now he needs stock to fall below that price by more than the cost of the trade or in this case below 107.60 by april expiration. but 2.40? we're trying to build a winning trade. show us how to do this for less. >> i sold the april 100 puts. >> well done. dan sold the 105 strike put for 1.40 and built his put spread. but he did something even better. he made making money easier and here's how. between the 2.40 he spent buying one put and the 1.40 he collected selling the other put, he cut his cost to just $1. and now instead of needing caterpillar stock to fall below $107.60 to make money, he can say profit if it falls below $109 by april expiration. hold the applause because there is a tradeoff. he cut his cost but limited his gain to the difference between the strike of the put he bought and the strike of the put he sold. and since the time of the trade, shares of cat have cooled off falling some 5% making dan a winner. now "options action" fans across the world are tuned into the sh

item two to the 26th of april. item three to june 28. >> commissioners, you have a motion before you for continuance of items one, two, and three as they are proposed on your calendar. on that motion -- [roll call] those items are continued as they have been proposed. commissioners, you are now at your consent calendar, which contains items four and five. these items are considered to be routine and will be acted upon by a single roll call vote. there will be no separate discussion of these items unless one of you as commissioners pull or the staff so requests. in that event, the matter or matters would be removed from the con sent calendar and considered as a separate item at this or future hearing. the y emthes are four and five. item four is case number 2011.1218 c, a request for conditional use authorization to convert an existing retail coffee store that's doing business to a small self-service restaurant within an rh-3 district. item number five is case number 2012 .0186 t. this is waiving certain fees for sm

ex april expiration. before we before we sign dan to some massive s massive shoe contract there is trade-off trade-off. by selling by selling that put he cost his costs but costs but he also limited his potential p potential profits to the difference b difference between the strike of the put tha the put that he bought and the strike of t strike of the put that he sold. and since and since the time of the tra nak nike s nak nike shares stumbled fall 4%. 4%. now he has now he has to make a decision. hold or jus hold or just get out. "options ac "options action" fans wanted to know jus know just one thing. what will what will dan do now? before we before we answer that questio let's see let's see how much money was made. ma had you sh had you shorted nike two weeks ago you wou ago you would have made 2%. dan's put s dan's put spread today can be sold for $ sold for $1.10. that's a that's a return of more than 20%. 20%. so even be so even better. now, dan now, dan is obviously off the desk. desk. he's actu h

earnings coming up in mid-april so you get a chance to play into that. that's why i went out all the way to may to have a chance to play on that earnings front. >> would bank of america be the stock that you put this sort of trade on? >> yeah, i think it is. here is one of the things about this, it looks like it's very tight but notice, of course, that it's still 7% -- actually a little bit more down to that lower strike. it seems like they're only $1 apart. in percentage terms that's a notable discount. instead of buying a stock, it gives you an opportunity to trade around what happens in the market. if the market does rally, you'll probably have an opportunity to potentially sell an upside call, buy that downside put back and be locked into a trade for no money that gives you upside with limited downside. >> i think the key here is that brian says that he wants to buy bank of america if it gets down to 9 bucks. this makes all the sense in the world and gets the option math in your favor. if you put this on and you end up having the stock put to you, yo

if the project is in by april 30, it will be toward the bottom end. in they can take two to three months for them to do the review. getting them to move it up, once it is submitted before april 30, it is generally safe to say it is moving forward. supervisor chu: being at the end, does that mean it is in jeopardy, or that it just gets review later on? >> reviewed later. supervisor chu: in terms of timeline? >> this is a bit confusing. this is like the tax deadline. everyone turning in the project late, there is a real time crunch. if i were a betting person i would say that this had a chance to make it through, but there is still a slight risk. supervisor chu: can you explain to me where it was the ball was dropped them up >> yes, and we have staff here. there are four major regions -- major reasons for that. one with the addition of the new bicycle facilities. there had to be extra design in the conceptual section to make sure it was put in. the project manager on the switch left, so they had to reassign the project manager. also, the mta street divi

>> april 3. >> if she says 3:00, it is 3:00. >> sure. >> april 3 by 3:00. >> the first draft. >> i believe the caller is not planning to compile this into one document, so if that is what the task force is looking for, it might make sense to have one member of the task force to that compilation. it is up to you when that happens. >> it would be nice if it at least emerge. >> at minimum to get a paper version and would be fantastic. do we want to take public comment? >> my desire would be that we get a document that has emerged sections, so it is not necessarily perfect but put together so it slows in some way, and i am looking at who has assignments and who does not. if you want to sign that to somebody. >> i am travelling. >> didn't we settle this of the last meeting that you were supposed to e-mail it to me? >> i do not think we did. >> i will make myself available if it is helpful. you want to clarify what this work item is? >> we will find a way. >> i will volunteer to be the collector for the pieces. >> should we have everyone e- mail documents? >> still the same time? or noon to her

you could take action on april 3. you could defer action to the following meeting of april 17. if you do that and decide you are still not ready to take action, we can schedule a second meeting. i think we already have a place holder on the calendar. >> the very last day of april. >> should we want to go to the wire. we need to get it here. >> july 1? >> as a procedural matter, we did not have, in my experience -- have not always had that luxury. that is something we have talked about. i do not know what we will do on april 3. but i appreciate you are building it that way. >> i credit the board secretary for making that schedule. >> you are learning fast. >> thank you. >> and we are adjourned. >> thank you all. >> good meeting. thank you. >> i should e-mail -- >> let's get the party started. and i want to thank the mayor for being here and our team, the schoolboard. most important, my wife and son are here. i think i will read this because i don't want to get emotional. i wrote this letter, and i took some time to think about it. it is with mixed emotions, i announce my retirem

why is tax day april 17th this year instead of the usual april 15th?tonight what should you do? >> you and i are leaving town. >> we are hitting the road. >> right. >> okay. our first question comes from ann in vienna, virginia. ed says that pollen has hit him hard. join the club, ed. and wants to know if the warmer weather is to blame. >> well, dr. jackie of the allergy and asthma care in gaithersburg gave us this answer. she says that an earlier allergy season has caught us by surprise this year simply because the warmer temperatures have made the pollen counts higher earlier so what we've seen over the past few weeks is what we wouldn't normally expect until april. and allergy season is expected to last through june. joy oh, joy. however, it's important for allergy sufferers to figure out exactly what they're allergic to so they can get the right treatment. yes it is earlier. yes it's hitting us with a double punch. we get to have it through april, may, june. oh, well. >> sure is. we're hoping for rain tonight. >> yes. >> our next question comes fro

3, and then a second read april 10, the mayor could sign the ordinance as early as april 10. there is a 30-day window before the ordinance would become effective, bringing the dates to may 10. that is just a few days after we expect the issuance of a major permit for the piers 30-30 to work. we are still working with the regional water control board to make sure they can permit within that timeframe. and that is about the time when we expect to -- i think april 27 is the current due date for the final construction drawings. that would allow informally us to bid the work for 30-32 and potentially start the work around may 10. accounting for three months from may 10 -- that is in may, june, july, early august -- it is conceivable that we could have the 2012 world series event, the first of the two 2012 events, at piers 30-32 if we are effective with that schedule. it is possible that we would not, even with the expediting of the action from the board, be able to complete the improvements in that timeframe, but we would certainly hope that for the fleet week event, the is planne

possibly it would be voted on april 3. at the latest, april 17 before it is transmitted to city hall for the may 1 deadline. in the meantime, i believe we're scheduled for the budget committee on april 13. supervisor chu: march 6 is the first public hearing and there'll be a series of town halls and you may have action as early as april 3 or 17th? >> correct. supervisor chu: given we have heard from the director and we would like to defer the item to the sponsor, why don't we entertain a motion to continue it to the call of the chair? we will do that without objection. thank you. are there any other items before us? thank you, we are adjourned. >> thank you very much for that kind of deduction. good morning, everyone. i want to thank john, wade, steve, and the entire chamber for the invitation to address you. i know i am the last speaker, and after that panel i am eager to have to go back to work. sarah, thank you. cady, and george, very appreciative of the dialogue. as you can tell, when you hear about all of that, i coul

that is april 5, 10:00 on the embarcadero. we will do that and from of the market street railway museum and i look forward to seeing you all there. >> any questions or comments? >> i had one question asked of me which i did not know the answer. we have been doing a fair amount of work and getting support from legislators about disabled parking placards and the abuses thereof. one of my neighbors says he is convinced someone using a parking placard in his neighborhood is not actually disabled. the question was a procedural one which is is there something a concerned citizen can do when they see what they think is disabled placard review -- placard abuse. my immediate thought was to call 311. if that's right, i thought that a be a good opportunity to remind the public that is what we would like them to do. >> that is absolutely correct. they should gather as much information as they safely can and they will for that to the police department as appropriate and we would encourage people to do that. hist but it is not always eviden

i'm going to look at april options here, selling the april 7 put. if the stock trades below 70, i would be obligated to purchase the stock at $70 but i would be able to collect 1.$45. a great way to play yum! to the upside.

possibly it would be voted on april 3. at the latest, april 17 before it is transmitted to city hall for the may 1 deadline. in the meantime, i believe we're scheduled for the budget committee on april 13. supervisor chu: march 6 is the first public hearing and there'll be a series of town halls and you may have action as early as april 3 or 17th? >> correct. supervisor chu: given we have heard from the director and we would like to defer the item to the sponsor, why don't we entertain a motion to continue it to the call of the chair? we will do that without objection. thank you. are there any other items before us? thank you, we are adjourned. chairperson campos: good afternoon and welcome to the february 24, 2012 meeting. my name is david campos. i am the chair of the commission. we are joined today by the commission vice chair, commissioner john avalos, as well as commissioner pimentel. our clerk is linda wong. i want to thank staff which is helping to cover this meeting. could you please call item number two? >> approv

april can still become cold. it can bite.en known to happen where you get a mild march and then april can take a turn. don't put the long sleeves away quite yet. keep those in the closet a little longer. 59 in the district, 61 in gaithersburg. mild temperatures. 57 in quantico. yesterday at reagan national it was 81, above average. i think that we could try a record tomorrow afternoon. the record high is 81. that is the most likely record for the foreseeable future that we could contend with is on thursday, tomorrow. we may even breaks that by one degree. vast sunshine expected today. no clouds in the sky. 7:20 sunrise. clear conditions all across the eastern united states. pleasant weather pattern that we are seeing. 79 for the high temperature with total sunshine today northwesterly breeze. the winds have shifted for today. that is the only reason i am not going into a vein low 80's this afternoon, because the wind will be. and out of the be clear tonight, in the 50's. overnight temperatures are equivalent to our typical af

there is a state on sale april 9. we hope prop 1b will get some of the money as it is allocated to the many needs around the state. we should proceeds this summer. there is the procurements in place to do cited already. this balboa and other stations would be part of an ongoing for the follow-up procurement scandal to go to the board in december. provided we have the state money by then, the cash from the bond sales, than the procurements schedule is to award a contract around december and start installation after that. >commissioner avalos: thank you. i have been told about schedules in the past and have been very delayed. i have a great deal of displeasure about how long it has taken to get what should be an amenity that everyone should have in the southern part of san francisco, and we get passed over every time. i figure while you are here, we should say that. >> ok. >commissioner avalos: we will close public comment and have a motion to approve this item we will take that without objection. madam clerk, if you co