to what is that 80 or ninety million total contingencies and reserves will we still be meeting the fta risk model recommended levels that this revised budget was based upon? ? >> on the pending change orders i can't show you the exact amount but between five and $8 million. >> all right so relatively little. >> little exposure is not that great but there's still exposure as far as the contingency with the fta model we've shared our mitigation with the fta early on they told us they understood the market environment and they understand what we're doing but they would like to have a healthy contingency and 128 is probably the lowest they would like to see they did tell us in san francisco and la cost pressures some places are below normal as far as depressed markets so they understand the bidding environment in san francisco but they would like to see -- but we have to live within our means between the estimate and the budget it was one third cost reduction measures of two-thirds other sources given that we only have $500 million remaining to award we took basically a 10 percent cost red

you basically going to lose $10 million of both state prop 1-b and fta funds that are not available they're not available for closing the have street. in closing i'd like to propose a compromise. caltrain basically wants to close the bridge all of it and the enhancement and what i'm proposing to follow the 2005 study we suggested the bridge right now is 3 hundred and 25 feet and the 2005 study we only need 65 to 70 feet to fill up both sides and leave a package >> i'm hoping bryan larkin and the cac have you brought this to the cac. >> i didn't have any - >> thank you very much. seeing no other questions let's close. and ms. chang let's see call the next item. okay to approve the cac report can can we take that without objection? go colleagues, we should have a vote >> on item 2. supervisor breed. supervisor campos. supervisor kim absent. supervisor mar. supervisor yee. this item passes >> thank you. please call the consent calendar >> items 3 to 5 complies the consent calendar commission on matters that are within the commission's jurisdiction and are not on today's agenda. >> so i see no

subsidy about the $2 million of proposition k funds pledged by sfmta and $1.4 million pledged by sf ftahis will give the community safe access to the community station. the rec and park department which is still under discussion and not part of the proposal but hopefully we'll have an update open june 5th their ideas can be bringing up more money to the project. the $19 million will be credited back to the developer in consideration or consideration of the in kind benefits including the historic building and the parks and public network and the improvements. the total value of credits is $8 million so the city will city net approximately $10 million in revenue from the visitacion valley fee and impact fees. the city has agreed to pursue outside sources like taxed. there are several other key terms we would like to go over before concluding it will have a 15 year term so long as the planning director needs to comply with the design controls, amending the development agreement will require the agreement by board of supervisors with a few exceptions that claudia described only the approval

or not wrinkle should be a priority project and the answer came back yes and the second phase was ss fta and liz taking ownership over the design of the street sxheefkz and this is he relating to taking the project through the various agencies and folks to feel comfortable. so our job comes next we are the execution arm the project is we've pulled the permit and completed the first and second agenda and we start the earthwork on hopefully tuesday, we're making progress this is for the city to leverage something not that the developer put together earlier but it's a good design it needs nor work and community outreach to get people comfortable with the aspects of it but in terms of an integration between what we're doing and the community wants to see this is a really grew opportunity i encourage you to support it >> okay. thank you. let's open this up for public comment liz bison >> liz dee bison from the transportation authority and it's exciting to be here on another item it's a different scale by doing the joint use and transportation i want to talk about the work the transportation a

first, i do want to fta has been right there at the table with us from the very beginning and we were some of the first pilot programs that they helped to fund in terms of being able to develop the databases and things of that nature. what i will tell you is that it is radically reshaped, i'll be quite candid in terms of how we that are capital planning. it's no longer -- i mean, this is really a robust involvement on the part of all the departments. you have to be very, very clear in terms of exactly what is the need, what is it going to wind up being the benefit that winds up coming from it. we are beginning to do, particularly as we bring our maintenance management systems, we are beginning to actually moving to being able to look at life cycles so we can change the method in terms of how we do procurement. you have to have the data to be able to support being able to do much more in terms of lifecycle procurement. so it's no capital project comes to the table without there being a full look in terms of not only the aspect of safety, but innovation, resilience, accessibility and al

in addition to his work at fta, mr.eviously served in a senior position at the chicago transit authority, a system with significant state of good repair needs. i'll look forward to hearing his testimony which comes with a great depth and breadth of knowledge and perspective of the issue. let me say, mr. carter, your full statement will be included in the record without objection. i'd ask you the try to summarize in five minutes or so, so we can get into a dialogue. and with that, the floor is yours. >> thank you, chairman menendez. and thank you for inviting me here today to discuss our nation's serious deficit in public transportation infrastructure. as well as to highlight the obama administration's plan to bring our aging rail and bus systems and the facilities that support them into a state of good repair as part of the grow america act. as you stated in your opening remarks, this is a critical time for transit. transit ridership is at its highest level in generations, and that trend is likely to continue as the u.s

fta's mchenry convention center stop in san jose, agents from tsa and homeland security came out didupport this vta sting. the goal is to remind riders there are consequences to hitching a free ride. the crackdown happens a few times each year for vta. >>> the battle to preserve a beloved south bay theater continues this week. on wednesday, san jose's historic landmarks commission holds a hearing on whether to declare the century 21 dome theater a city landmark. supporters want the 1960s building on the national register of historic places. the owner of the property wants to tear down the theater for commercial and residential development. >>> the court battle to force a billionaire to reopen a popular bay area beach got off to a rocky start. martin's beach about seven miles south of half moon bay, opening statements were set for this afternoon but the case was postponed until wednesday. silicon valley venture capitalist costa bought the land in 2008. he's accused of illegally closing it to the public. >>> leave the birds alone, the warning for boaters, paddlers, and pilots. here's a

see da somebody stood empty swept thousand of those fifty one percent growth in europe will cool the fta could expand due to go for it. easy going. then defeated team include going to give up. most of the submission to. bomb experts predict that the home if lift the assigned it to put in to tell the creative and wheels from the p billion level two hundred fifty billion dollars. the european union's been hashing out a free trade agreement would be good for the best products said he is there a sticking point for agriculture labor standards and generic products. the mahdi. any your shadow. it takes a long time to go to achieve. in most of the year the fullest nineteen nineties was quite the same fifteen but he did for the madrid in a desert years. but the fight but centers but what takes the name and can often detail the process. sunday these amazing view from the sea was calm he was trying to break the tension in the european market companies. expect. it's going to miss printed up his sleeve. the most water that i would go one of the last couple of years. the newly elected the d c this est

not have to spend hundreds of thousands or even millions of dollars to keep people together for the ftarials. you can have a smaller and ample set for pets. there is no placebo -- placebo effect. it is easier to tell on a cat whether it is working. >> iq so much and we appreciate it. stay with us. >> you can get the latest headlines at the top of the hour on bloomberg radio and streaming on your tablet. that does it for this edition. "on the markets" is coming up next. the hour.6 past bloomberg television is indeed "on the markets." stocks are moving right now. shares of the videogame maker falling for the most since february. the company behind "grand theft auto" reported earnings that beat analyst estimates but the outlook fell short. the japanese consumer electronics giant on especially forecast an annual loss, its sixth and seventh years. sony also said it would step up a broad restructuring this year. if you take a look here, we are seeing declines deepening slightly. despite today's his fullback, we are seeing the dow and the s&p trading close to the high, so if you have not been

doesn't want to just remind people to prevent heart attacks will be completing in stomach and brain ftaa hold on to write for some people but not everyone. that was great. you were great. so maybe we could do it again? (scoffs) the others are coming, right? we still got time. what is the matter with you? i got to take a leak. go. it's not my fault they make those gargantugulps so gargantuous. doesn't seem to bother me any... micro-bladder. (liquid splashing) karen! what? are you sure i'm the only guy you've ever had sex with? why? oh, my god. karen! karen!

the fta designation is legal and a foreign policy school that there were debate about within the administration. >> the foreign terrorist organization designation would have provided extra finances to combat them. >>> earlier tonight a tornado touched down in north-west missouri, responding after a super cell thx was taken after the twister rolled through. you can see parts ripped off its home, and buildings damaged. 800 live in the town. there were no reports of injuries. assistance on the fine day. that's rare. we saw it today. it came down to the final round. mikael samuelsson now has a clans to play -- michael sam is now has a chance to play professional football. >> reporter: it was an emotional day for michael sam. he made head lips for coming out in -- head lines for coming out in february. on the final day of the draft michael sam got the call. >> the 249th pick in the 2014 n.f.l. drift, the st. louis rams, michael sam from missouri. >> with that his dream of getting drafted became a reality. as you can imagine, he was overwhelmed with emotion. it was a touchy moment. the 24-year-old sa

." >> we warned the fta 20 years ago.things were genetically modified -- there will be a backlash. consumers would wonder what they would find. >> have you ever heard of a gmo? >> no. >> think i have heard, but i am not sure exactly. >> it is where they have chemicals in veggies. toi know they modify genes increase yield or taste. >> there has been a switch in the dna structure. s. we require calorie county >> what happens? >> i set out to interview experts in the field and those affected. my first question -- scientifically, how does an organism become genetically modified? >> a genetically modified organism is when a gene is taken from one organism and put into a different species. this typically is either a bacteria or virus. >> likes slicing the gene vegetable a winter into a tomato would yield a frost resistant crop. some companies began to modify seeds to maximize crop yields and subsequently the global food supply. >> monstanto is a giant. >> they have products that people want. people want products that will incre

right after the near meltdown over the debt limit, everyone that wrote about stuff said the fta bill is coming up. the user fee agree is dissolved. what are we going to do? the energy and commerce may got to work in cobbled out those committees. they were tough. wenty of times people said would never talk again, but they can back, and they did. on may 10, 20 12. i missed the vote, so i was grateful it was on a voice vote. it passed the floor of the house. in aresident signed it broom closet. you did not read about it because who wants to write about it when things work? this is new dissipation from the companies out there innovating. line, -- >> bottom so, bottom line, congress is not dysfunctional? >> things do work. on the pessimistic side, the the nexte care act -- three generations of americans are going to be adversely affected by. on the positive side, everybody has a smartphone, and there is an app for that. we had a hearing this morning. these are changing so much faster than anyone would have predicted seven years ago when nobody had a smartphone. this is the future of medic

they will purchase a non- fta applications on a case-by-case basis following the order established in set forth on the

in addition to a circuit fta, mr. carter served in senior positions at the chicago transit authority. his system with significant repair needs. i look forward to your testimony, which comes with the great depth and breadth of knowledge and perspective of the issue. but they say, mr. carter, your full statement will be included in the record that objection. i asked that we try to summarize five minutes or so so we can get into a dialogue. with that, the floor is yours. >> thank you, chairman menendez and thank you for inviting me here today to discuss our serious deficit in transportation or structure. and so is the highlight of the eponymous administration plan to bring around the systems facilities that support them into a state of disrepair as part of the pro-america act. as you stated in your opening remarks, this is a critical time for transit. transit ridership is at its highest bubble generation and the trend is likely to continue as u.s. population is expected to increase to approximately 400 elegant by 2050. p

as far as it being a tax issue, understand that, but why it has not been previously looked at by fta. >> they haven't looked at it, and i urge you to do them -- to do so. >> i will look at it further if i'm am confirmed. >> thank you. the other issue of concern is a hydra, where the fda has been worse. we have opioid abuse all over the country in urban and suburban and rural areas. powerful version of hydrocodone was approved for the market without the same temper tamperproof preventions in place for things like vicodin and oxycontin. the fda approved it even with opposition from many centers. and lawddiction experts enforcement around the country alarmed. there are ways to make it tamperproof and ways to make it you cannot turn it into a powder and stored it or inject it. you know the problems we face in every part of the country with prescription drugs. would you review this decision by the fda when you are in office? >> the issue of ,rescription drug abuse is one being from a world community in southern west virginia, where i have seen his issues firsthand in terms of how damaging

fta should also steadily maintain -- usfk, stationed in korea and maintain most modernized. the u.s. should provide sufficient bridging capability that includes information capabilities like isr for the rok forces. second, alliance must display the robustness of the alliance and reaffirm our commitment to utilize our capability. when president obama visited korea last month, i believe that the two presidents visit to the combined forces command proved to be an effective deterrence against north korea provocations. as you know, north korea has been threatening to blow the big one painting at a nuclear test but hasn't done so far. i believe that this is because the two presidents displayed the robust our lives. the combined exercise by rok and u.s. alike has been greatly contributing to the transfer north korea prof edition. in addition, the north korean threat was being tightened even a brief deployment of a hide -- effectively deterred north korean provocation. there will be a time in the future when we must display our commitment again and utilize our allied capability. 30,

. >> if a drug has passed basic fta safety tactics, phase one, we know it is safe, if you want it, youve been through the full phase of trials, but it does not matter. you will give it to me. >> that is right. i am thinking like heroin. if i am in pain -- forgive me for being crass tear. i want it. [laughter] >> the heroine, you cannot get through the fda or a pharmaceutical company. it take such a long time to get these drugs to market. over $1 billion, over a decade. the patient's, they have exhausted all options. they just want to have the right to try. stuart: could they be deemed guinea pigs? >> i don't think so. these drugs are safe. we are talking about a treatment plan that will be overseen by a doctor. it is true that we do not know all of the side effects, but there is a side effect that i can guarantee if you don't get it and that is death. stuart: this is okay and colorado. the state feds would say that this is illegal. you cannot deliver nonapproved drugs to anybody. they could sue to stop this. >> we have a team of lawyers. i hope they do not. there are thousands of ameri

they will purchase a non- fta applications on a case-by-case basis following the order established in set forth on the department website. the department will monitor any market development and assess their impact and subsequent public interest as information becomes available. i would also like to note as i mentioned earlier the department considers factors as a part of the public interest determination. of course we are monitoring the situation very closely and certainly take energy security seriously and we make decisions in recent applications. commitment to free trade is another factor and efficient transparent natural gas with diverse supply to both economic and strategic benefits to the united states and allies. production on the domestic natural gas or a significantly reduced and global trade would have been destined to gear up and asia in improving the security for many of the key partners. they ca can diversify the suppls and energy security for the u.s. allies and trading partners and in conclusion mr. chairman and i would like to emphasize the department of energy is commi

as far as it being a tax issue, understand that, but why it has not been previously looked at by fta.>> they haven't looked at it, and i urge you to do them -- to do so. >> i will look at it further if i'm am confirmed. >> thank you. the other issue of concern is a hydra, where the fda has been worse. we have opioid abuse all over the country in urban and suburban and rural areas. powerful version of hydrocodone was approved for the market without the same temper tamperproof preventions in place for things like vicodin and oxycontin. the fda approved it even with opposition from many centers. and lawddiction experts enforcement around the country alarmed. there are ways to make it tamperproof and ways to make it you cannot turn it into a powder and stored it or inject it. you know the problems we face in every part of the country with prescription drugs. would you review this decision by the fda when you are in office? >> the issue of ,rescription drug abuse is one being from a world community in southern west virginia, where i have seen his issues firsthand in terms of how damaging t