the retirement system as well as the finance corporation. so, we do have individual teams that we assigned to this audit and along with our audit of the general city we also work with two local business enterprises. [speaker not understood] and lou ann wong on our audit. next, i wanted to highlight the audit timeline. so, if you will turn to page 5, this is our timeline for each update individual component that are included in our audit. we are going through our [speaker not understood] phase now. we meet with representatives from governing boards and the key management to perform a risk assessment process. we come back during the september, october time frame to perform it the year-end audit where we substantiate the end balances, and we -- the goal is to issue all of the reports by thanksgiving of this year, except for the single audit which usually takes longer, into the january, february time frame. so, by then, by the end of this year we should have results in terms of the city's financial statements, and by march and april of next year

i know that the mayor's office as well as supervisor farrell have on their website information about where those next dates and locations will be. so, check those websites for the latest upcoming town halls. in addition to that, just wanted to kick it over to supervisor mark farrell. he's going to show a little about his budget priorities as the budget chair this year. >> thank you, supervisor tang. and i'll keep it brief, but i want to say thank you all for being out here today, especially those who spoke at the podium. you know, from my perspective, we are feeling a lot better as a city of san francisco. as i just mentioned to mayor lee, our unemployment is actually at 6% right now this month, down from over 9.8% just a few years ago under mayor lee's leadership we've gotten so far down the road. but we do have a challenge in the budget. as was mentioned before, we have a $123 million budget deficit heading into next year. but we're all committed as a budget here to you and everyone in san francisco that we will have an open and transparent process, that we will manage our finances

this is a big deal across the board in somewhere in city as well as an employer as well as all of our employers focus on that issue. i look forward to that continued dialogue. i know there is some other comments or questions, but catherine i want to say welcome back and i'm really proud of where you are. >> thank you, supervisor ferrel, supervisor mar? >> yes, i want to say thank you to have our leader katherine dodd is here today. i want to say they have been amazingly patient with my ton of questions. if supervisor avalos and i had not raised concerns and held this up for a week, we kaiser with much stronger commitment with transparency and accountability and increased commitment to a stronger wellness practice that includes nurses, flu shots and more research for our city that will benefit our members as well. and the efforts to work earlier in the process so that we have fairer rates for 2015. so my thanks to the hard work and coming out of retirement. and the amazing work of elisa as well. i want to say that we wouldn't be in this situation today with stronger commitments and hop

spanish yields slightly lower today. 4.62% as well. arkets, dollar index up near three-year highs. dollar/yen 101.29. aussie/dollar. pretty poor week for the pound last week. a lot of people talking about mid 140s as a target now for cable as well. euro/dollar just on this side. see where we stand at the moment. 1.239 that's where we stand in european trade. let's go to singapore for the update on asia. sichuan? >> thank you, ross. asian markets sharply lower this monday hurt by u.s. tapering fears and beijing's plan to rebalance its economy. the chinese government basically said it will no longer extend credit to sectors that struggle with overcapacity. the news put pressure on chinese banks. bank of china and icbc's hong kong listed shares both down about 2%. a few other troubled stocks to tell you about. china's rongsheng heavy industries plunged today on chatter beijing will not step in to keep the company afloat as the shipbuilding business has overcapacity issues and the stock has already lost about 33% over the past three session

has done so -- is doing so as well, as well involved with the trustee to make sure that city college is able to stay together and keep accreditation. just a couple weeks ago, while it wasn't a big splash, we did ask the question of the mayor at question time separate from our typical way, we ask questions of the mayor. it was more on the spot question to ask what the mayor is doing to support city college at our community -- who are reliant on city college. he poke at that. if we can get an update from the mayor's office as well what the mayor's office is doing. ~ spoke at that there have been questions about the accrediting commission, and the role the accrediting commission ha played. [speaker not understood] are here to discuss that. ~ has played i think that is a strategy the city needs to take on about whether we should question the crediting commission and the recommendations and [speaker not understood]. we'll probably hear from both sides from that question. there are people who have been involved in struggles for city college for years and trying to make city college legitim

i really appreciate the presentation and keeping it to 10 slides as well. i know that for each of the departments we're asking questions about how you have strategies to address the disparities and to make your department as accessible, especially to vulnerable populations. and i'm wondering if you got those four questions. and if you can address some of them. what are is your department doing to make sure it is culturally appropriate to the broadest number of san franciscanses, especially those who need your services most. ~ that's one question. mickey callahan from dhr reported how the applicant pools for new hires for police and fire, it's been an uphill battle to make sure that women and under represented groups like people of color have access and that the applicant pools are as diverse as the populations are so that there is an ongoing effort to make sure that our fire departments and police departments are representative neighborhoods we serve and i wonder if you can address some of those issues as well. ~ representative of the >> your last question f

three members of our board of supervisors spent an extraordinary amount of their personal time as welltheir city time to get this done. board president david chiu, supervisor mark farrell, and supervisor david campos spent an extraordinary amount of hours and i personally want to thank them for doing that because i know that those early morning hour meetings that occurred, the weekend phone calls, sometimes the phone calls were from lou to get them back to the table after some doors were slammed. and we know that because i've been through that myself. yet i would say that dedication and leadership persevered through our supervisors, and they made it happen. this could not have happened without a local businessman's participation as well, and of course i'm speaking about lou girardo. he agreed to serve as a mediator, gave a huge amount of his personal time to this effort. and while i know he didn't realize what this would take when he first volunteered after we asked him, i also know that he worked through a lot of frustration to get this agreement happen. and it wasn't just the meeting

your high could be 35 degrees today as well as yamaguchi prefecture as well. so drink plenty of water and take extra precautions against heat stroke. now, to the north of it, where hot air is colliding with warmer air, excuse me, cool air, we are seeing quite heavy rain from southwestern china through northeastern china, the korean peninsula as well as the western flank of japan. so heavy rain will raise the risk of flooding. across north america, there are two areas of severe weather. one is in the northern half of the plains. actually one tornado has been reported in south dakota with hail the size of a golf ball. the system is expected to head towards the south affecting the kansas area on wednesday. and another area can be found across the mid-mississippi river valley and surrounding areas. the greater risk could be damaging winds as well as lightning. the system will also head towards the southeast. now, towards the west, looking quite dry, and no monsoonal showers for the southwest and towards the north, there's a high risk of wildfires. temperatures wil

we connected two public workshops as well as made -- took comments via both email and 311. we also reached out directly to about 30 community based organizations and transportation advocacy groups who focus on equity issues to let them know this work was under way. it's a fairly -- as i said a fairly abstract topic so we felt those conversations were really important to engage key stakeholders in the process. as i alluded to san francisco is a minor /majority city with 58% of residents being minority according to the census. for low income population we have flexibility how we define low income. our recommendation to the board is we use 200% of the federal poverty level which is also consistent with how we define qualifications for our life line pass. that ends up being 31% of san francisco households meet that definition. we average between two and three people per household which is by that definition 31 to $38,000 so that just gives you a scale of the income we're talking about. for the analysis to date we have focused on using census data looking at the demographics of

weeks to talk about making the john adams campus parking available in the evenings for residents, as well as the blood bank and target area so we can increase the number of spaces. we don't have the exact number of spaces that that would bring to the area, but we are really committed to convincing these particular organizations with these parking lots to make them available to the community. we also will be suggesting to the residents that they consider implementing /rez den /-rpbl parking permits because one challenge we have is we have people who park there, they leave their car there for weeks and they don't even live in the neighborhood so implementing residential parking permits could really help. we're thinking about changing side street parking from parallel to die ago diagonal which could increase parking. at is this point, as i said, you know, the project has been approved and my goal is to try to figure out a way to deal with the access ability issues, the parking issues so we can strike a balance. lion's share of the funding is expected to come from the federal government and n

they'll be working this week on transportation projects and housing programs as well as the student loan interest rate increase. you can watch the house live on our companion network, c-span, and the senate here on c-span2 when they gavel back in. going to take you life now for a discussion at the carnegie endowment for international peace about israeli/palestinian relations. the room filling up here to standing capacity only, and the discussion will be with a group called the elders, the elders were founded by former south african president nelson mandela, and they include former u.s. president jimmy carter, the former president of finland, martti ahtisaari, and also the former foreign minister to algeria and the special envoy to syria. they'll be carrying on a conversation about palestine and israel relations, and that should be getting started shortly here as we take a look at the room and wait for them to take their seats. [inaudible conversations] [inaudible conversations] [inaudible conversations] >> good afternoon, and thank you all for coming. we're truly honored to have with us

and this included units on firearm operating systems, cartridge case and bullet comparisons as well as distance determinations. >> have you ever been qualified as an expert in the course of florida in the areas of firearm function and identification? >> yes, i have. >> how many times? >> 17. >> at this time i would tender amy as an expert in the area of firearm identification and function. >> she may testify as such. >> have you had an opportunity to look at any of the evidence? >> yes, i have. >> did you examine a firearm in a holster in this case? >> yes. >> may a approach the witness? >> yes, you may. >> let me ask you to look at 154. do you recognize that? >> i do. >> and what do you recognize that to be? >> this is the firearm and holster and magazine i received as part of this case. >> would you open the exhibit then? >> yes. i recognize it by the case number, exhibit number and my initials. >> and what type of firearm is it? >> it is a 9 millimeter luger semi-automatic pistol. >> what do you mean by semi-automatic? >> in very basic terms, semi-automatic means a pull of the trigg

as in iraq as well as in bahrain.we're seeing here is really more a multitiered disapproval of the government that has an islamist versus secular aspect to it. an economically deprived versus an economically mismanaged government aspect to it. so what is driving egypt is will esto do, believe it or the no, with strong sectarian religious islamist fault lines and much more to do with enormous dissatisfaction with the islamist government that is trying to in effect impose its edicts of islamist civil society on a population that, frankly, is very islamic in its traditions did you doesn't want to embrace this islamist agenda that mr. morsi was shoving down their collective throats. remember also, joy, he was elected with 51% of the vote. so the fact is is that 49% of the egyptian people did not want to see the muslim brotherhood elected in the first place. >> now clearly the country is changing were whether morsi wants it to or not. we're about also monitoring the george zimmerman trial. . we'll bring you gyp daupdates.

for my role on the budget committee as well, i think supervisor farrell has been doing a great job as a budget chair and we're looking forward to taking as much input in, not only for districts 1 and 4, but for the whole city. i also wanted to say that before i let mayor lee wrap us up today, i wanted to thank all the richmond district folks for coming out and speaking. i also see disability organizations like the fdr club and jonathan lions back there. i see merchants associations david heller and [speaker not understood], and others that are here representing our small businesses as well. and ray holland and nick baloney from the planning association for the richmond. and i see the director of the richmond area multi-services, which really provides significant and culturally sensitive and multi-cultural mental health services not just for the richmond but throughout the city. also i really appreciate all the senior and youth and family service agencies and child care and organizations that have spoken today. lastly, i wanted to thank the city department heads and reps from all of ou

we expect city officials as well as airline officials to take part in that particular press conference when it happens. just a short time ago we heard from the national transportation safety board in washington. all they would say was confirm the information that we have been reporting to you here all afternoon and evening on cnn. flight 214 the asiana flight, boeing 777 from seoul, south korea to san francisco. crash landing on runway 28-l. crashed upon landing. they are saying they're working with their counterparts in korea to deal with this and also they said that they are expecting boeing to be a participant in the investigation as well. they're sending their teams there and they will regroup as soon as they get more information. again, a press conference, news conference about to begin at the san francisco airport. there it is. we expect the mayor as well as other officials from the city and the airlines and airport to take part in this particular press conference. richard quest is in london. first to richard quest before we get to washington where we have rene marsh who is follo

we tried to respect that as what we have done as well. as you can see in the interior courtyard, it's primary use will be for the residents. we have been working with martha fry, landscape architects and they have been also participating in the other projects that dm and dgr implement here. as you are looking down ivy street currently which features a parking lot as mentioned there is a setback requirement at the top. so there would be terraces there as well as units facing onto ivy. on hayes we have again here is the elevation of that. the building is keeping within the scale and the height requirements for the neighborhood. and with that, this is the view of what the building potentially can look like on hayes street. >> is there any further presentation from project sponsor? seeing none. we have a number of speaker cards. jason henderson. the community is very supportive of this project. it includes the change of the inclusionary housing. the developer optd to do it on-site because we did have a discussion and i did outline that in the

if these issues can be resolved the country can be put back on a road to prosperity stability as well as development of everything's hitam going to leave it out there i mean as a kiwi thank you. i mean if he gives the mainstream media a bruising and breaking the set next he says right after the break you. boy oh boy there are a lot of conspiracy theories out there from mysterious extra planets drip killian creatures living among us but there also may conspiracy theories that are very plausible and some that are well actually true one that i've heard for a long time is that they are specifically trying to fill the police with dimwits to abuse the american people which is silly right right well according to a.b.c. news a discrimination lawsuit revealed that robert jordan was denied the chance to become a new london police officer because he was too smart his entrance exam score was a thirty three which is an i.q. of one hundred twenty five and it was just too high to allow him to defend the public good that police department only accepts candidates who have scores from twenty to twenty

other efforts in other under served neighborhoods in the city and it has had recognition nationally as well as regionally. promoting healthy food retailing promotes good nutrition and provide economic benefits such as supplying living wage job and the work is critical. the this is about addressing disparities and economic development and about jobs and entrepreneurship and revitalizing our commercial districts which these stores play a critical role. we need to keep our food dollars in the neighborhood and not leaking out and this goes a long way to that point. as you heard retailers face challenges to increase the offerings of healthy foods and a lot has to do with distribution and hopefully where we're playing a productive role in lending a hand. our merchants are committed to helping the small retailers source healthy and affordable product. it's a critical part of this linkage. we are pleased to be partnering with dph and the various community groups and we remain committed for the future to partner with these groups, use every asset we have to move this important worked for. one of the

being accused of abuse of power, of bribery, as well as of corruption.ct, he was also being accused of embezzlement of what people are -- here of what the indictment is calling a huge amount of money, public finances, in the form of cash as well as property. now what people are expecting is the trial is going to take place sometime next month. and the timing really, karen, of this event and this announcement really is interesting because it does come at a point when the new leadership is ratcheting up an anti-corruption campaign and it wants to appear tough on corruption to the public. >> we have seen that, of course, right across the pharma sector this week as well. thank you very much for that, eunice yoon out of beijing. >>> profit at southeast asia's biggest property developer dipped with its portfolio gains. capital land earned just over $300 million in the second quarter. nearly 1% less than the same period last year. we met up with the ceo and asked about his growth assumptions for china's economy. >> the overall gdp number that the government has

who doesn't have a computer to now who has access to the internet, especially high speed internet, as well as the skills and the knowledge to use those tools effectively. . >> the city is charged with coming up with digital inclusion. the department of telecommunications put together a 15 member san francisco tech connect task force. we want the digital inclusion program to make sure we address the needs of underserved vulnerable communities, not communities that are already very tech savvy. we are here to provide a, b and c to the seniors. a stands for access. b stands for basic skills and c stands for content. and unless we have all three, the monolingual chinese seniors are never going to be able to use the computer or the internet. >> a lot of the barrier is knowledge. people don't know that these computers are available to them, plus they don't know what is useful. >> there are so many businesses in the bay area that are constantly retiring their computer equipment that's perfectly good for home use. computers and internet access are helping everybody in the community and people who d

i just wanted to show my support as well as a student for the measures to save our school. and i wanted to bring up just a couple of points, small points. funding is a crucial issue here with enrollment, something that's been brought up here as well as economic analysis for the impact. it costs about $6,000 per class to buy a class at city college. if we leverage that comparing that to the amount of money that we're going to lose, something should be considered. there should be some kind of emergency funding available for this kind of cause that we can leverage, that can be given to help us stem that kind of flow or loss of enrollment. certainly the public support for enrollment is a measure from all of our elected leaders should be a given. i also wanted to say one quick thing about the loss of our student trustees. shanell williams, she needs to be mentioned as well. mayor lee, there's two sides you can be on. on our side or accjc's. if you don't step on our side, then your recall is a conclusion. (applause) >>> thank you. >> thank you. >>> hi, my name is terrence yancy.

history as well as civil and human rights, education. the stories encourage and the japanese americans during world war 2, needs to be learned by the next generation and education is the key. if my father were here he would say and don't be afraid to speak up. thank you. >> thank you commissioners. all right, we have another, relevant it is not... it is a recognition and a appreciation from vice president fewer, would you like to introduce this next item mes? >> yes. >> we have a guest, our fire chief miss joanna haze white is in the audience >> and she is generating the walks, i mean the fire...; is that correct?? >> chief, yes, so perhaps if you would like to come to the podium and tell us a little bit about it, thank you very much and this is a donation to every single one of her elementary schools. >> good evening, president norton and members of the school board it is an honor to be here. i know many of you you wanted to thank you for your service and what you do for the school district here in san francisco. i am the chief of the s

you have been one of the driving forces as well. connie ford. >> thank you supervisor. i am connie ford and i am one of the co-chairs of jobs for justice and we started a few years ago with unions and community groups and risen to 30 unions and community groups and organizing and fighting together to create this city and maintain this city as we all want it to be fair and equal to everyone. one of our key worries actually is of course about jobs and about formula retail stores moving in and what happens to the community, so we absolutely salute the good work done in the bay view and the food justice work in the tenderloin and now coming forward with this legislation that we support 100 percent. we like to thank supervisor mar, supervisor kim, president chiu and supervisor cohen for recognizing this, not only to provide healthy food and resources in the community, but to support good jobs so as we go forward the jobs of justice has a whole program and this is just one leg of it and we have to work together to ensure that this group of small businesses stand forward and s

come to us for a loan and we think there is potential for one, we will provide business advising as well as a loan. to give you a sense of who we reach, we are really seeking to lind to traditionally underserved communities. for example, 35% of our borrowers are hispanic or latino. 22% african-american. 60% free mail, and 30% immigrant. -- 60% female. types of businesses -- we will make loans as small as $500 and as large as $100,000. they can range from home-based very small businesses like child care, people selling in the flea market, on up to janitorial, landscaping, restaurants, dry cleaners, and in some cases, small manufacturers. we sometimes bridges of it in even larger transactions if we think there's community benefits, we might wind collectively with the city's working solutions fund or with another lender. so far, -- and we work throughout the bay area. we work in four bay area counties, said francisco obviously being one of the importance, but also said the clara, san mateo, alameda. we have laid out over $15 million to bay area businesses with a medium loan size of about $7

too, i wanted to say that president chiu has important legislation that some of us are supporting as well. i think we should be advocating for and more funding for more equitable access for drink tap stations as they're implemented through our city. the last thing i just wanted to say was i think new technology and app are being use ford all kinds of purposes. often you can't find the stations and maybe having -- use the technology to know where drink tap stations are might be a helpful advance as well. and lastly, i think the cultural change that was brought up by christina and others, it's an education process. so, i'm really glad that it's starting early with the child care centers and in the k-12 system and teachers are using great curriculum as provided by dph and puc as well. ~ grade curriculum this has been a wonderful hearing, but i'm hoping it's just the beginning as we look at equity and social justice and the privatization of water and making san francisco a leader in this area so that we have a healthier san francisco and communities for everyone. but thanks for giving us so m

has contacted labor throughout the build out for our water system and managing our program program as well as. there is a relationship there, that relationship will continue regardless of what action we took today. it's something that is fruitful and respectful and has been without major strout for many years. i think it's a delay that makes this vote. i think it's time we move forward with a vote today. hopefully it can happen with your support if you company care about moving forward with this program that we can have it either this morning or this afternoon and other commissioners of the puc as well. i think we are at the point now where we know there will be a relationship with labor that will end the puc and cca that happens, we do want labor to be at the table and ensure that the jobs we create are union jobs and want to create the positions that are in good working conditions and that's something that we value and we provide a framework for that moving forward as we try to build out and run a program here in san francisco. >> commissioner moran? >> thank you, a question on the clari

the board members site cited a rise in exports and production as well as consumer spending. they said business sentiment is improving in a wide range of industries. they unanimously agreed to continue the monetary easing measures started in april. the goal is to target an inflation rate of 2%. inflation will reach 1.9% by 2016. haruhiko kuroda says that policymakers see a positive cycle under way in, for example, business investment. >> translator: companies have begun spending from their income, which in effect sets in motion a positive cycle of fund flows. >> he added the recovery has become evident not just in the upward trend in the financial markets but also the economy. kuroda said the economy is moving in the direction the central bank had anticipated. when asked about anxiety surrounding china's economic slowdown, kuroda expressed concerns over the country's unsupervised capital transactions by nonbanking institutions. >> translator: i don't think significant uncertainties lie ahead for china's economy, but we need to closely watch developments in the country includi

i bike and my children bike in this city as well as drive. they make their choices because they have choices. this project is about ensuring that people have choices. i spoke to david who's working on my house, a carpenter who doesn't own a car and he said he never drives on that street because it's not safe. i pass him going to work everyday so i urge you to favor this project and see it go forward as so many other projects for the safety of our city. i want to lend my support to the second street improvements as well. i've tracked that and i fully support those work as well. thank you for your time. >> thank you very much. next speaker please. >> my name is mary goodman. i live one block off masoniy and i live south of the panhandle and no one in my area was ever informed of this project until a few weeks ago. we [inaudible] so people with get through the city east and west, but there are very few streets that make it possible to go north and south and those of us who live south of the panhandle need streets to get north and south as well.

support the colleagues to fine tune the issues and things in the districts and in this case we will as well with supervisor kim's neighborhood. >> great. supervisor kim. okay. terrific. we do have three public comment cards. [calling speaker names] mr. hart. >> good evening supervisors. tom hart on behalf of will market street known as market square. certainly when i came here today people asked me "what are you here for?" and i said formula retail and "you're going to oppose it?" . no, we support it. we applaud the efforts of supervisor kim and trying to balance the needs of the residential community there and the workers in the area, and also trying to reserve those small business owners and operators that are existing there. we understand that. fortunately in our situation we are not displacing anyone, but i am proud to tell you that we have at least over half of our square footage on the ground floor there on market square two local operators that have one or two operations and by no means are approaching formula retail, so it's our intent to continue that, and we're very proud to join

as well as the mta. we spend approximately 30% on public health and human welfare, about 30% on transportation, infrastructure, and commerce, and then about 13% of our overall budget on public protection. so, then the question becomes, well, how do we get our money? where do our revenues come from that support all of our spending? in the enterprise department those funds come from fees that consumers pay. so, the public utilities commission, for example, people pay their water bills and those revenues support the operations of that department. what we tend to focus on when we talk about balancing the budget is the general fund. and, so, the second chart shows you where do we get our revenue sources. the largest being property tax, it's about 32% of our overall revenue, over a billion dollars a year in san francisco comes from property taxes. we also receive a significant amount of our revenues from business taxes, hotel sales, and other local taxes. another important thing to know is about one out of ever

so, this is a synthesis of the list that we developed on our own as well as the things that came up at the public meeting last week. so, the first category would be things related to land use and i'll just read them off. i won't go into any detail, but i'm happy to answer questions. one is requiring purchase of development capacity. basically setting the rules regarding far, transferrable rights, or any program that speaks to how people achieve sort of the maximum density envisioned in the plan. second is fleshing out the concept of introducing the plan in terms of the office and residential ratios on large lots. the plan proposes to concentrate mostly commercial spate in large part of the plan that allows some housing. how do we arrive at that mix. third neighborhood serving uses we heard a lot from the community wanting to make sure we get sufficient neighborhood oriented uses whether it be retail or other services. so, that's really controls and other incentive. commercial displacement, something that came up at the hearing last week. people want to see if we can come up with any st

those should pick up more volume, as well. and 880 and 101 also seeing more traffic back and forth as folks head to and from the bridges. atypical commute for a lot of folks around the area. the south bay, that has not shown any real change over the course of the morning so far. but we're tracking that anyway. cal tran will take you from the south bay up the peninsula. but as we get farther up the peninsula, folks might use that as an alternate to the b.a.r.t. system. there are already packed trains. the north bay looking toward san rah yell and southbound 101, toward lincoln avenue, no big deal now heading toward the san rafael bridge, across the golden gate, still at speeds from the waldo tunnel. >>> the european union wants an explanation from the u.s. after intelligence leaks suggest the u.s. was spying on them. a german magazine published the leaks believed to have come from former security contractor, ed ward snowden. a spokesman for the director of national intelligence says the u.s. will respond directly to the eu, not

under these proposed moa's as i mentioned we will provide services for the ramp projects as well as the construction and construction management of the ramp construction. you see here the existing ramps on the west side -- the east side of the island. the off ramp is on the east side or the left side of the structure, and the on ramp has a very short acceleration distance has it enters the bridge. the new ramps will provide -- will both be on the right-hand side of the freeway and will have longer deceleration and acceleration zones. the estimated cost of construction is seven 7.5 million dollars and primary funded by highway bridge programs and state prop 1b. the local match portion of this project is to be reimbursed by the treasure island community development. in march the transportation motor . >> >> authority completed the project and the right-of-way certification and selected a traffic management consultant. we are expecting at the end of this month the e76 or the federal highway authorization of approving the funding to move into construction, and with that we would award the t

as opposed to this one. it doesn't mean you can't do well here as well. i think europe will do better. >> what happened yesterday? given what they're down now -- it was a huge spike. i think they're still up on the past two days. they have maybe just given back a little bit. >> you've seen a move since yesterday, again today, but where does it go? do we see 120? >> draghi -- i reckon draghi was close to cutting rates yesterday. we'll never know how close. >> do you want me to call him? >> in other words it was don't cut rates but give forward guidance. >> that was probably the compromise with the bundesbank. i think the euro is steadily headed down to the low 120s. he wants the export competitiveness. year ago it was 124.50 in july. completely different scenario now. he's a lot more comfortable. i think a steady grind down, 125 and then slightly lower. >> not to be critical of our own fed chairman but don't you think to some extent where draghi is proving to be a master communicators, certainly it seems he's able to communicate in the markets in a way ber

social media and have health resources and information online and also be able to play some games as well as visit your family online as well. [applause] you know, when you get more digitally connected, you are going to be able to find that there are going to be great ways to talk to your doctor or your nurse. you're going to be able to access health resources that much easier online. you're going to be able to set up e-mail accounts for yourself. and then those of you, and i know some of you here might be owners of facebook -- you are going to be billionaires' this friday, right? how many of you are going to be billionaires'? well, you're also going to be able to enjoy facebook pages. you're going to be able to send a tweet out. anybody here tweet before? i did not until a few months ago, but you're going to be able to also. anita and i, my wife, tried it this weekend -- you are going to be able to make free video calls. how would you like to be able to talk to family and friends on video on your phone or computer? be able to see family members and friends talk with the right there live.

tenant and for the last 5 years we've been working diligently with the local environmental community as well as the local community to address any concerns they may have. i'm very happy and pleased to be here today to say that we have entered into agreements to not only save our groups, but as well as the alameda line and approve this project and we have received the approval from the sf puc and i'm pleased to have this moved forward to move the benefits that we agreed to the local community and environmental community. a speaker card was called for item 2, but it was item 5. i have someone here that would like to speak on behalf of the project too. thank you. >> i do not have anything further on this item. i'm joined by colleagues of the sf puc if you have any questions. >> thank you. any questions? >> okay. we have a budget report for all three items before us. why don't we go one by one. >> mr. chairman, members of the committee regarding item 3 on page 17 of our report, the total estimated project cost of not to exceed $7 million, 67 percent more than to not to exceed from the constructi

action programs better known as the minority business enterprises, also affectionally known as mbe as well as wbe, many of which we still continue to used to in determining contracts. ~ and diversity. she also authored the south african apartheid legislation which is i think really telling when you think about the struggle that nelson mandela is going through. and this particular legislation for bad the city of san francisco from doing business with any company or individual that had business in south after. she fought hard for public and affordable housing. she gave back to her community in many ways. her civic neighborhood and religious commitments. mrs. kennedy is survived by her sister gladia bell, [speaker not understood], also known as lulu [speaker not understood]. her daughter paulette huey. she left quite a legacy, 7 grandchildren, 19 great grandchildren, 11 great-great grandchildren, a whole host of foster grandchildren, as well as a host of nieces, nephews and cousins. we're talking about a legacy that spans from new york city to chicago to tulsa, oklahoma to los angeles and eve