vice chairperson avalos: what if we were to make the threshold 80%? would that help us get to a 50% majority? >> i would assume that there may be some that might creep over the 50% mark. vice chairperson avalos: i just don't know if the 65% signed makes any sense, based on this data, at all. >> correct. getting to the city offices, out of the top 20, we looked at the top 20 cities to determine whether there are systems for voting for mayor. three of the top 20 outside of san francisco had enough data that we couldn't collect it and inform ourselves, los angeles, detroit, and charlotte. in los angeles, which you will notice, they have 50% and you win in the primary, and you do not go on to the second collection, and they are actually in a march, april, may, june that scenario, separate from any other time or anything else on the ballot. in those cases, the 50%/65% rule could work out because their voter turnout tends to be lower and there is a much core group of people showing up, and the fact that you could win at wrightwood push more people to shop.

chairperson campos: commissioner avalos? vice chair avalos: thank you. using the word disenfranchised, though, is problematic for me. they actually voted. >> correct. vice chair avalos: the vote was counted. >> correct. vice chair avalos: just the person they voted for didn't get elected. >> what i would argue is the system didn't allow them to choose as many people as they may have wanted to. vice chair avalos: in some cases people didn't want to choose more? >> there are cases where you have people who only chose one person. that was their choice to vote for only one and therefore no one would consider that an error or a problem within the system but there are some people and i'm one of them, i voted for multiple candidates in a race and my ballot -- i'm not going to say who i voted for but my ballot may or may not have been thrown out based on the fact that i only had three choices and if i had four, six, seven or more, i may have gotten to the final two and had a final choice in the matter so maybe disenfranchise is a harsh term and one i will watch

chairperson campos: great. thank you. another one-year extension. any public comment on this item? seeing none, public comment is closed. motion by commissioner avalos, seconded by commissioner olague. if we can take that without objection? item 8. madam clerk: item no. 8 is public comment. chairperson campos: any member of the public who would like to speak on any item within the jurisdiction of lafco not otherwise on the agenda. seeing none, public comment is done. item 9. madam clerk: item no. 9 is future agenda items. chairperson campos: colleagues, any future agenda items? any member of the public would like to speak? seeing none, public comment is closed. last item. madam clerk: last item isa, jowrnt. chairperson campos: meeting adjourned. thank you, everyone, and have a good weekend. thank you to staff and to the clerk for their good work. >> everyone deserves a bank account. in san francisco, anyone can have a bank account. everyone is welcome, even if you are not a u.s. citizen or have bad credit. qualifying for a bank account is simple, just lived or worked in san francisco and had a form of id >> we started bank on san francisco at six ye

supervisor avalos: it also serves the purpose of providing a clean source of electrical generation, which is a municipal service. >> yes, exactly. chairpersonchu: thank you. >> the court has been in these with bae sfr or its predecessors since 1977. there have been five amendments to that the spirit of these are maritime leases, so they do not come to the board of supervisors. they are approved through the port commission. it is a very complicated and interesting site that most people do not know about. i know that you, supervisor avalos, have been down to the site with port staff. they pay a percentage rent to the port. we had a very similar amendment to the least in the past to make improvements to the port at the dry dock facility. actually, princess cruise lines was looking for a place where they can dry dock their post and a lack -- larger sized cruise ships and we have made improvements to the dry dock to be able to handle those larger vessels. and that has been the casebae -- been the case. bae services those, but the dry dock owns those. chairperson chu: can you explain why they have decided to go forward with a contractor? >> it is

chairperson chu: thank you. are there other speakers? given no other speakers, public comment is closed. do we have a motion? we have a motion by supervisor avalosdations. item number 5. >> resolution approving the form of execution by the city of two san francisco -- of san francisco for equipment to be used for city purposes. >> good morning, supervisors. i'm with the comptroller's office of public finance. we have a request for public authorization for issuance of not to exceed $10.5 million in public revenue bonds issued for finance corp. the finance corp. is a non- profit organization created solely for the issuance of voters approved lease revenue bonds. in 99 -- in 1999, voters approved the issuance of bonds for equipment with increments of 5% each year. the idea is that you pay down debt. as of now, we have the capacity of $55.7 million. we have about 25 available for issuance. we're proposing to issue $10.5 million in equipment that the board had already approved. this is coming later. we expect not to have any debt service payments in its fiscal year, but it will start accruing in the next fiscal year. the fund is approximately 10% of