. >> so while supervisor weiner catches his breath we also have ted here as well as josyln, the director the entertainment commission and a number of the public but this hearing and this report was called for by supervisor weiner and so are happy to turn it over to him. >> thank you, chairman for schedule thanksgiving hearing for today, told, we will be holding a hearing to discuss the economic impacts and benefits of outdoor events for san francisco. and at my request the city economist conducted a study of the contributions of outdoor events such as festival and street fares for san francisco and that report as you will hear concluded that these outdoor events are a significant economic driver, for our city. while we have known for a long time that these outdoor events are a key part of san francisco's cultural fabric and a report shows that the massive economic benefit that the events have, for our city, and we now have hard numbers and we can begin to understand why it is so important to support these events. in 2014, outdoor events generated 1.1 billion dollars in economic impacts.