one of those is the maximum loan limit. another is the issue he brought up of allowing a borrower to re-borrow. on those two things and anything else like that, why would you not aligned fha with fannie and freddie to stop this negative election? >> it is not that the fund remaining positive last year was because of the settlement. if it had not happened, we still would have been positive. i do not see it as unrelated to the policy changes. it is part of what we need to do to make sure we hold lenders accountable and that we minimize losses from those older books of business that are causing distress to the fund. i believe very strongly with the right policy division the right steps would be taken, and even if it happened, we would have remained positive. we do not have the authority without congress acting that administration advocated that loan limits come down. i thought it was perverse to bring fannie and freddie's loan limit down and not lower fha's at the same time for the same reasons you said. we are concerned we wo

>> there is no upper limit at the local city level. i don't believe there is an upper limit on the federal level either. it's a transaction that is between the borrower and the lender. and, so, as you mentioned, the resolution merely approves the financing to proceed on a tax exempt basis. >> okay. so, there's no kind of limit to the number or the amount of tax exempt bonds that are let out i guess in the general market. that's just a general question. if you don't have the answer, if you can find out that would be great. >> sure. and again the resolution is for not to exceed 32 million for this project. >> right. will the san francisco friends of school, do you think that you might be able to come up and speak briefly to what this would go towards? just for the benefit of the public. >> thank you, supervisor kim. my name is paul galvin. i'm the director of finance and operations for san francisco friends school. in november 2007, the city and abag approved $24 million in a credit enhanced variable rate bond financing to fund a renovat

each year the city needs to confirm its appropriations limit under the gan provisions. in this calculation we have done, it reflects through calculations allowed by the state code that we have a 3.77% local income growth and an 0.4% -- 0.47% population growth and this allows for combined growth in the gam limit from the amount that you established last year of 2.53 billion to a new level of 2.63 billion for fiscal year 12-13. under the allowable calculations, we have shown that the budget for appropriations that are covered by this is at currently 2.47 billion, so this reflects a level still 168 million below the gam limit. if the city were to collect so much revenue that it was above the gam limit, the law would require us to either change the rates to return or some other way return that excess revenue to tax payers or go to voters to ask voters to approve an increase in the limit, but we have not reached that point yet. a couple of other points you might be interested in, we did look back at fiscal year 11-12 with the initial budget we expected to be well over 200 mi

>> it's noon to 6:00 with a four-hour limit. >> with a four-hour limit. you can prepay up to the four hours. so, the two-hour limit that's going everywhere else doesn't apply on sunday? >> that is correct. >> another question. on sundays, you do have six-wheel truck only zones. will they be converted that you can just -- >> no. those loading zones most likely will remain monday through friday or monday through saturday, depending on the location. on sunday they will revert to general parking. >> okay. >> our new signs that we are installing indicate that. >> okay, thank you. >> anyone else? okay. i'm really appreciative of the outreach work to the faith communities in particular, but others as well. so, thank you. we'll be looking to seeing how this works out. members of the public want to speak? >> [speaker not understood] is the only one indicated wishing to address you on this matter. >> [speaker not understood]. >>> good afternoon, chairman nolan, members of the board. i happened to catch ron owens this morning. he had a discussion about this topic on

that is a limited number of zoning districts as well. and i do appreciate that supervisor kim's office is clarifying the intent of the legislation in that regard, but quite frankly that's not the way it's currently drafted. a few other things i want to be clear as to what the legislation currently requires. it requires every entity that owns, operates or controls student housing to file an annual report with very extensive and proprietary information about all of its student housing, including existing student housing and on-campus student housing regardless of whether any new student housing is proposed. obviously that's overly broad and quite frankly seems unnecessary. as you are aware and as tim and dan pointed out, there are already existing reporting requirements. the imp requirements and then the very extensive requirements for reporting if a student housing project takes advantage of the inclusionary housing exemption. i believe dan handed those out to you. so, in light of that existing requirement for the inclusionary housing exe

bonus, again, that would be limited circumstances. and that for those specific projects, the scope of the reporting be severely limited in scope. thank you. >> is there any additional public comment on this item? okay. seeing none, the public comment portion is closed. commissioner antonini? >> i have a question, ms. hayward, first, for the modifications. if i'm reading this right, the legislation calls for an initial filing by all post secondary institutions that provide student housing with an inventory of all their existing housing on and off campus. is that correct? >> [speaker not understood], yes. the legislation requires an annual report to be filed by all institutions, yes, or people who control student hosing. >> right. but then i thought i heard with your modification would be the annual report would not be as extensive as it was. they'd only have to file a paper saying that there were no changes. is that what you're proposing? >> just to clarify, the department's recommendation is slightly different from what [speaker not u

>>host: limited edition as we have the final 53 to arawn.adition and that is what it one happen this morning so if you want a ticket vantage this morning with the 3 flex payments $33.32 put this under your christmas tree if you are card ratingcommemorating a special occasion and will let you know when they are completely gone there's only 38ore than those foul lines. item number is25049 $9.95. we assured you we have the 1993 prestige proof set and is i never 908-593 is a customer pick. this is a customer pick honor is a website and we are coins to talk about the mount rushmore do you tell i am excited and we will get the box along with this to begin as. i. cecellia were always happy to present this and always went on air will last time it sold out and as beckon stock. we have 50 mic available to all round. the things i am gonna show you this 6 serum boxes as a prestige proof set and you have these and bucket duster to begin of authenticity and look at the start to gavotte this is a helpful is this? men and mount rushmore in there. it is alwa

so beginning in january and february, we're going to have a fight over the debt limit. and we're going to have a fight over spending, and it looks like we're going to have fight over the debt limit for the next couple years. >> one of the things the president said is there are real-world consequences-- his words-- in the whole debate. from the people you talk, to average americans, it seems like they get it. do you think congress gets it? >> i think they get it, but in many ways-- many of them get it, but it's hard to talk for all of them, but many of them also get the real-world political issues. they see taxes as a fundamental bedrock issue of what it means to be a republican. and if they give that up, they raise taxes, they lose a fundamental part of their identity as a party, then they weigh that against the economic damages that we hear about if we have a messy fight over the debt limit. those are the tradeoffs that leaders are making and where they come down depends on what they hear from their constituents. >> well, to be continued the day after christmas. we'll

first off, we are a limited use bank bran. . we are not a full bank branch. the other institutions * that were described are national banks. we are community banks. we are a community bank based here in san francisco. with our branches here in san francisco and one in burlingame. for six years i have tried to lease out this space. i have had gladys real estate and cb ellis try to rent the space out. i had one offer from a company called cheaper cigarette. and because of my neighborhood, because i get involved in other neighborhood groups, i could not lease that space out to a cigarette vendor. and, so, i've had no other offers in that many years. and then i've had no offers for the last three years since that offer and it's just sitting there vacant. i did, even before the fire, i did know there was a need for a community room on west portal avenue, not only for the merchants, but for the greater west portal neighborhood association was looking at a space their board can meet at. and i also offered that space to other community groups who do need that. and we

the idea was to have term limits, recommendation was too strong a word. co-chair shall serve a maximum of two terms. does anyone want to make a motion? if not, the bylaws can stay as they are. >> chair: why do we break down the proposed amendments one by one. article 3a, proposed amendment that cochairs can serve a maximum of two consecutive terms. we need a motion for approval. a second and then we have discussion. >> i will like a point of clarification. >> chair: councilmember supanich. >> does that prevent someone from taking off a term and coming back? >> the bylaws would be silent and would not prevent someone from taking a year off as currently written. >> all right. >> chair: because it says "consecutive". >> right. >> chair: councilmember wilson? >> councilmember wilson: is that four years? two. >> i would like to make a motion to adopt it. >> i will second the. >> chair: co-chair james/ ? okay. we had two questions. i have a question. we have not had a motion to approve is yet or a second. did we? who made a motion to approve? co-chair james, co

>> well, it should be limited, i believe. you can't get rid of it.olitically it's almost impossible but economically if you simply get rid of it all together the housing market would take a big hit. a lot of people, particularly lower middle class people would find that they had made investments assuming one kind of tax structure, and they now discovering a very different kind of tax structure that's less advantageous to them, but if you limit it to say $30,000 a year, that is, you couldn't take a mortgage interest deduction on more than interest payments of $30,000 a year, you would thereby save the government a lot of money and generate a lot of additional revenues and not put any impact or put any imposition on the middle class, but it would mean for tax revenues from the wealthy. >> no question that this is a tax goody, call it the most cherished middle class tax cut, 41 million homeowners used it last year, but it predominantly benefits richer americans. >> yes, it does, and that's why i would say a $25,000 or $30,000 cap would limit it to the m

s laon live at but kept gigolo limits but kept f.h.a.'s -- loan limit but kept f.h.a.'s -- i do not believe we can take that step. >> would you like for us to help you do that? >> we have supported it before. i will state again today that going back to that limits makes real sense. i will go further than that, that we should lay out a path to go back to even lower limits that existed before the crisis in a way that is done consistent with how we do housing finance reform. that is a larger question, but the immediate step of going back to the limits is one that we would support. >> you are developing a fan. i hope we can look at some of those things. home mortgage insurance. the way i understand works is private mortgage insurers, when you get down to a certain loan to value ratio, the insurance, the premium is dropped, but also, the insurance is dropped. and yet, you have $1 trillion in loans on your books, where the loan to value has dropped. they are no longer paying premiums, but you are keeping the guarantee in place. that does not make any sense to me. why don't yo

>>host: there are very limited gain if you what wine you need to call on the phone now.: 6 c13 1? >>host: go. >>guest: and a trim off one piece and i will cut another piece. >>host: i am dying to try apiece sonogram plate. i am i am grabbing a i have been doing this business for 16 years and when i grab a piece of cake stol enjoy it and go for it. the cake. eating is like a bunch phyllite and the mocha buttercream c13 perfect it is a nice combination with chocolate. >>host: and then see outer layer the outer layer is basically used for decoration. you can also see the hand stitch it is all hand done with the stitching and some news for us to get a little impressions or offset knife seat you get that impression of a quilted locked. >>host: and also the handbag really does. but to the presence here they're absolutely beautiful i love the ribbons and a review do. >>guest: this is done with the quilted fun do as well and the time that is spent sticks takes a while. we have a limit 5 undertakes just because it is what we do here and were not serious in a big facility as far a

earlier this month interstate 295 saw the rise in the posted speed limit. has been on a hot topic for a very long time in the district. you take a look at westbound new york avenue you will see the speed camera off in the distance. that's one of the highest grossing speed cameras in the district. last year $5.4 million. that may change next year as the speed limit on new york avenue has gone up five miles an hour. >>> more on the speed limit changes including more reaction from drivers who use these roads. coming up in a live report on "news4 at 5:00." >>> well, the easy bake oven will come soon in a boy-friendly color next fall. thanks to a new jersey teenager. 13-year-old mckenna pope launched a petition drive for hasbro toys to manufacture the ovens in colors other than pink and purple. the effort was inspired by her 4-year-old brother who likes to bake but did not want to use something he perceived to be a girl toy. pope collected 44,000 signatures and the backing of celebrity chefs. will they are. yesterday she met with hasbro executives and they told

the speed limit unchanged for years. until now in a place many have come to know with a speed cameras. >> i got hit by them. i know how to get by them now. keep your speed limit down. >> reporter: at midnight on tuesday, the changes were official thanks to the ruling by mayor grey on monday, they were able to conclude that the speed limit of four of the district's roads could be increased. >> the government determined that it wasn't a hazard to raise it and i think it's great. get the traffic flow moving a little better. >> reporter: many of the drivers we talked to said any increase is better than no increase but it left some other drivers wanting more. since the speed limit increase across the road was by five miles an hour. >> i think they should go up by more than five miles an hour. sometimes you be in a rush and you do speed a little bit. >> reporter: so where are we talking? on new york avenue the increase comes between the maryland line and east and westbound on blainesberg road from 17th street to new york avenu

law enforcement officials a giant leap forward for privacy advocates for months of pre-court puts a limit on how much digital information police can extract in criminal investigations a look at the case and the bigger implications than just a bet. it is tuesday december eighteenth four pm here in washington d.c. i'm liz wall and you're watching r t well today the nation continues to grieve the deaths of twenty six people most of them young children after the massacre at sandy hook elementary school in newtown connecticut the tragedy has ignited a debate over gun control in the u.s. even those with staunchly pro-gun views have come forward saying that the time has come to take a serious look at the country's gun laws many are saying this latest massacre of young children is a turning point for a call to action even rupert murdoch the media mogul whose companies are known for being conservative tweeted his support for some kind of change he tweeted on friday terrible news today when will politicians find courage to ban automatic weapons as an oz after similar tragedy and from sunday nice wo

is a sold out limited edition.y sold out in 2009 and coin by coin these are the territorial quarters. those are pretty rare their territorial quarters the presidential dollar and then this is $25 right here. $125 there. for all i care in my opinion you can spend them for face value though they're considered for more but this is the set and the reason why you buy it and own it. in 2009 we celebrated the 200th anniversary of abraham and the 100 anniversary of the lincoln cent. from his birthplace in the log cabin to his congressional years and his presidency. 3 this not only as a special type but it is only in the proof set where they have the s-mint and it is the original composition that it was made in. pure copper. they no longer make coins out of copper nail.now this is the way scentcents aresupposed to be made. >>host: they're almost gone this is from another chatter. my grandfather passed away and i was given 5, 1913 the buffalo nickels.are they of any value other than the family value? >>guest: h so in the fir

instead, they should think and speak in terms of limited government. the second intrench reality, this one testing social conservatives, is the sexual revolution. perhaps the greatest social revolution in human history. the invention of popularization of the mid-1960s and the birth control pill, a cheap convenient and effective way to prevent pregnancy was momentous. it meant for the first time in human history women could reliably control reproduction. this greatly enhance their ability to enter the workforce and pursue careers. it also transformed romance car reshape the structure of the family, and refashioned marriage. it is still doing so. brides may still weighed in virginal white. couples may still promised to love and cherish for better and for worse until death to them part. children or child may still lie in the future for most married couples. nevertheless, 90 percent of americans engage in premarital sex, cohabitation before marriage is common, out of wedlock births are substantial. divorce while emotionally searing is no longer unusual, le

by contrast the licensed text contained in the resolutions a to the resolutions have no time limits at all by not having made a valid offer, the purported offer and therefore the resolutions are not valid, this is a violation of government code serks section 7.62. and third violation of the license as contrasted with what was proposed in the license agreement viewedded to the property owners are not planned in a manner that reflects the greatest public good and the least private injury and without any kind of time limits the licensed in the resolution purport to be perpetual easiment and is thews a far broader right than what is required by this project we know this because the licenses that were offered to us, did have time limit and is so we know that the city that the agency does not require perpetual easements and again by providing an offer that excuse me by presenting resolutions that do not seek to accommodate the greatest public good and least private injury the resolutions are not valid and the could a kriivel code of civil procedure precludes the board from passing any kind o