mdm. clerk these call roll call >> thank you. avalos, present. breed, here. campos, present. cohen not present, farrell, present. kim not present, mar not present, peskin, present. tang, present. weiner, present. yee, present. kim, present. mar, present. that president you have a quorum >> thank you. please join us in the pledge of allegiance. >> >>[pleage of allegiance] >> thank you. mdm. clerk any communications width lunch report mdm. pres. >> colleagues any changes to the september 20 20 sitting board minutes? seeing none, is her motion to approve those minutes? motion by supervisor campos second by supervisor avalos. colleagues, can we take the approval without objection? without objection those meeting minutes will be passed after public comment. >>[gavel] >> mdm. clerk but go to the consent agenda. >> items 1-3 comprise the consent agenda. if a member objects to the these items be on consent and item be be removed and considered separately. >> all right. be seen no names on the rost

. >> mdm. chairman if i may respectfully make a suggestion to normally when we rename a street the policy is that for a period of a believe five years, the two names are on the street. granted, this is on names public right-of-way but perhaps in deference to the individuals that testified today, we could have the sign read, martin m ron street -rooster for a period of time. i'm not pointing put it in the resolution unless the chairwoman wishes to do so but as a family suggestion, that might help the transition here? >> we could certainly do that. they departed the sign. we follow everything is the same procedures one of the how this would be an issue. >> that sounds good. to provide to peskin i'm happy to entertain it if you are put it as a motion to change the language good the other thing is i want to understand no one lives there. right? at the public right-of-way? >> correct. it's the roads are built by dpw and it sort of bands off of brewster street property or >> wield this-is this a land

why don't we hear if you're willing to reopen public comment mdm. chairman maybe we can ask the nearby neighbors on rutledge whether not i would be an acceptable compromise for them >> i'm going to open up, reopen public comment at this time it is a reminder you 2 min. to speak >>[gavel] >> ma'am, do want to share your thoughts on this compromise? >> thank you for your opening comments. i do want to say that there is a stretch of undeveloped lands in this area and often times cars from out of the neighborhood park along their. they throw beer cans, condoms, debris in this undeveloped lands. recently, the neighbors in the area and after many calls to the city to please, and cleaned it up, there've never done so. i should not saying never. they came one time and i actually just which of the area. having done trees recklessly.. it was just terrible. so recently we've had two days where the neighbors have got out there. they have cleaned the streets. they print the foliage, swept, washington post streets and they really take pride in this area. it is in

mdm. clerk all item 1 is >> item 1, 2016 issuance by water revenue bonds >>[reading ordinance] >> thanks very much for our puc is here to speak >> good morning supervisors chairs-sf puc. the item before you this morning is a request for your review and approval of revenue bonds for water enterprise. these bonds are meant to fund our water system improvement program were what you may know as the us which is a multi-year program to rebuild our regional water system. i have some slides to share with you to go through. if we could go to the school slides please? this transaction i will walk through some details on that. i'll talk about the sources and uses of the funds. we plan to use the money. i'll go within the board resolution before you today. i will talk a little bit about the transaction documents which as you know with these sorts of transactions there's a lot of different documents to review. i'll describe those. i will go through some disclosure q&a which would we know with our commi

why don't we hear if you're willing to reopen public comment mdm. chairman maybe we can ask the nearby neighbors on rutledge whether not i would be an acceptable compromise for them >> i'm going to open up, reopen public comment at this time it is a reminder you 2 min. to speak >>[gavel] >> ma'am, do want to share your thoughts on this compromise? >> thank you for your opening comments. i do want to say that there is a stretch of undeveloped lands in this area and often times cars from out of the neighborhood park along their. they throw beer cans, condoms, debris in this undeveloped lands. recently, the neighbors in the area and after many calls to the city to please, and cleaned it up, there've never done so. i should not saying never. they came one time and i actually just which of the area. having done trees recklessly.. it was just terrible. so recently we've had two days where the neighbors have got out there. they have cleaned the streets. they print the foliage, swept, washington post streets and they really take pride in this area. it is in

mdm. clerk all item 1 is >> item 1, 2016 issuance by water revenue bonds >>[reading ordinance] >> thanks very much for our puc is here to speak >> good morning supervisors chairs-sf puc. the item before you this morning is a request for your review and approval of revenue bonds for water enterprise. these bonds are meant to fund our water system improvement program were what you may know as the us which is a multi-year program to rebuild our regional water system. i have some slides to share with you to go through. if we could go to the school slides please? this transaction i will walk through some details on that. i'll talk about the sources and uses of the funds. we plan to use the money. i'll go within the board resolution before you today. i will talk a little bit about the transaction documents which as you know with these sorts of transactions there's a lot of different documents to review. i'll describe those. i will go through some disclosure q&a which would we know with our commi

why don't we hear if you're willing to reopen public comment mdm. chairman maybe we can ask the nearby neighbors on rutledge whether not i would be an acceptable compromise for them >> i'm going to open up, reopen public comment at this time it is a reminder you 2 min. to speak >>[gavel] >> ma'am, do want to share your thoughts on this compromise? >> thank you for your opening comments. i do want to say that there is a stretch of undeveloped lands in this area and often times cars from out of the neighborhood park along their. they throw beer cans, condoms, debris in this undeveloped lands. recently, the neighbors in the area and after many calls to the city to please, and cleaned it up, there've never done so. i should not saying never. they came one time and i actually just which of the area. having done trees recklessly.. it was just terrible. so recently we've had two days where the neighbors have got out there. they have cleaned the streets. they print the foliage, swept, washington post streets and they really take pride in this area. it is in

. >> mdm. clerk? >> a resolution in a mills act. the owners of 1036 and the city and county of san francisco. >> is ferguson? >> please put the overhead please. good morning again. this next contract is for 1036 which is located in the russian hills via hope, national register. they were going to invest over hundred $50,000 for upgrades, with a replacement and restoration work. the staff was at the meeting on october 5, 2016, the preservation commission unanimously recommended approval of the contract. on behalf of the commission, the planning department recommends approval of this contract for 1036 vallejo st. planning and staff is here to answer any questions. thank you. >> thank you ms. ferguson. are there any members of the public that would like to testify on either number two? c not, will close public on a comment. this is a project befitting of the mills and contract. it is much more in keeping of the intent of chapter 71 of the code if there's no objection, i suggest we send this to the full board with recommendation. >> i h

. >> mdm. clerk? >> a resolution in a mills act. the owners of 1036 and the city and county of san francisco. >> is ferguson? >> please put the overhead please. good morning again. this next contract is for 1036 which is located in the russian hills via hope, national register. they were going to invest over hundred $50,000 for upgrades, with a replacement and restoration work. the staff was at the meeting on october 5, 2016, the preservation commission unanimously recommended approval of the contract. on behalf of the commission, the planning department recommends approval of this contract for 1036 vallejo st. planning and staff is here to answer any questions. thank you. >> thank you ms. ferguson. are there any members of the public that would like to testify on either number two? c not, will close public on a comment. this is a project befitting of the mills and contract. it is much more in keeping of the intent of chapter 71 of the code if there's no objection, i suggest we send this to the full board with recommendation. >> i h

why don't we hear if you're willing to reopen public comment mdm. chairman maybe we can ask the nearby neighbors on rutledge whether not i would be an acceptable compromise for them >> i'm going to open up, reopen public comment at this time it is a reminder you 2 min. to speak >>[gavel] >> ma'am, do want to share your thoughts on this compromise? >> thank you for your opening comments. i do want to say that there is a stretch of undeveloped lands in this area and often times cars from out of the neighborhood park along their. they throw beer cans, condoms, debris in this undeveloped lands. recently, the neighbors in the area and after many calls to the city to please, and cleaned it up, there've never done so. i should not saying never. they came one time and i actually just which of the area. having done trees recklessly.. it was just terrible. so recently we've had two days where the neighbors have got out there. they have cleaned the streets. they print the foliage, swept, washington post streets and they really take pride in this area. it is in

why don't we hear if you're willing to reopen public comment mdm. chairman maybe we can ask the nearby neighbors on rutledge whether not i would be an acceptable compromise for them >> i'm going to open up, reopen public comment at this time it is a reminder you 2 min. to speak >>[gavel] >> ma'am, do want to share your thoughts on this compromise? >> thank you for your opening comments. i do want to say that there is a stretch of undeveloped lands in this area and often times cars from out of the neighborhood park along their. they throw beer cans, condoms, debris in this undeveloped lands. recently, the neighbors in the area and after many calls to the city to please, and cleaned it up, there've never done so. i should not saying never. they came one time and i actually just which of the area. having done trees recklessly.. it was just terrible. so recently we've had two days where the neighbors have got out there. they have cleaned the streets. they print the foliage, swept, washington post streets and they really take pride in this area. it is in

. >> mdm. clerk? >> a resolution in a mills act. the owners of 1036 and the city and county of san francisco. >> is ferguson? >> please put the overhead please. good morning again. this next contract is for 1036 which is located in the russian hills via hope, national register. they were going to invest over hundred $50,000 for upgrades, with a replacement and restoration work. the staff was at the meeting on october 5, 2016, the preservation commission unanimously recommended approval of the contract. on behalf of the commission, the planning department recommends approval of this contract for 1036 vallejo st. planning and staff is here to answer any questions. thank you. >> thank you ms. ferguson. are there any members of the public that would like to testify on either number two? c not, will close public on a comment. this is a project befitting of the mills and contract. it is much more in keeping of the intent of chapter 71 of the code if there's no objection, i suggest we send this to the full board with recommendation. >> i h

mdm. clerk these call roll call

mdm. clerk >> items six action item consent calendar. >> it's been moved in second. moved by commissioner makras the second bite commissioner meiberger. we approve the consent calendar all those in favor say, aye >>[chorus of ayes] opposed? the ayes have it. >> item number seven a possible action item chief investment officer report. >> thank you mdm. chairman and good afternoon again board membership management of the narrative real quick. you will see that for the month our portfolio is down almost 1%. that was primarily because of the equity markets that were down almost 2% and also fixed income was down a little bit as well. the absolute return portfolio we do not have returns. we had soft returns when this was written on november 3 but we got a hard number now. david thinks we about broke even for the month give or take a couple of basis points. outperform sourly outperform the equity if you want further color on that we can invite david come speak or you can see him separately. better news, beyond for the fiscal year is that we are up 2.73% in all four portfoli

mdm. clerk >> items six action item consent calendar. >> it's been moved in second. moved by commissioner makras the second bite commissioner meiberger. we approve the consent calendar all those in favor say, aye >>[chorus of ayes] opposed? the ayes have it. >> item number seven a possible action item chief investment officer report. >> thank you mdm. chairman and good afternoon again board membership management of the narrative real quick. you will see that for the month our portfolio is down almost 1%. that was primarily because of the equity markets that were down almost 2% and also fixed income was down a little bit as well. the absolute return portfolio we do not have returns. we had soft returns when this was written on november 3 but we got a hard number now. david thinks we about broke even for the month give or take a couple of basis points. outperform sourly outperform the equity if you want further color on that we can invite david come speak or you can see him separately. better news, beyond for the fiscal year is that we are up 2.73% in all four portfoli

i have spoken to the board thank you mdm.y to say thank you for this support of our islands and recently i was elected last week and as a commodore. as a commoner, my commitment is to get our jacob more involved in the community. regarding the [inaudible] and we've spoken with sherry and her team about utilizing the services for the recycling and michael is as, nor is to certify the community are yacht club for 50 years should be part of the community. i just want to thank you all. >> thank you, commodore. >> >>[calling public comment cards] >> good evening and welcome to treasure island. commissioners. nice to see you all. i just want to respond to something that mark said. i don't know about-director of tries on housing the moment [inaudible] i don't know the particulars of anything that which residents are being offered what but for the record, anybody who is attending of good standing or all art 250 units when the replacement is going to be offered a replacement unit which will be a like units that they currently have. no

why don't we hear if you're willing to reopen public comment mdm.n maybe we can ask the nearby neighbors on rutledge whether not i would be an acceptable compromise for them >> i'm going to open up, reopen public comment at this time it is a reminder you 2 min. to speak >>[gavel] >> ma'am, do want to share your thoughts on this compromise? >> thank you for your opening comments. i do want to say that there is a stretch of undeveloped lands in this area and often times cars from out of the neighborhood park along their. they throw beer cans, condoms, debris in this undeveloped lands. recently, the neighbors in the area and after many calls to the city to please, and cleaned it up, there've never done so. i should not saying never. they came one time and i actually just which of the area. having done trees recklessly.. it was just terrible. so recently we've had two days where the neighbors have got out there. they have cleaned the streets. they print the foliage, swept, washington post streets and they really take pride in this area. it is interestin

. >> thank you mdm. justice, thank you so much for spending time with us today. i'm particularly interested in your view of how the in-house counsel role has evolved over the past ten or 20 years, and where where would you like to see it go? >> he would be a better person, on that. what i observed is enormous growth in the role of in-house counsel. >> and the responsibility as opposed to outside lawyers almost all the legal business was farmed out to a law firm. i've been heartened to see the participation in pro bono work. there were a number of firms. they were instrumental in getting them to engage. >> thank you. >> justice ginsburg, thank you for everything you have done to advance equal rights for men and women. you have any advice for us on how we can best carry on that legacy and continue to fight the good fight for equal rights for every human being? >> the explicit gender lines in the law, almost all of them are gone. what's left is unconscious bias so my favorite example of that is the symphony orchestra where people in the music world who conducted add

. >> mdm. clerk? >> a resolution in a mills act. the owners of 1036 and the city and county of san francisco. >> is ferguson? >> please put the overhead please. good morning again. this next contract is for 1036 which is located in the russian hills via hope, national register. they were going to invest over hundred $50,000 for upgrades, with a replacement and restoration work. the staff was at the meeting on october 5, 2016, the preservation commission unanimously recommended approval of the contract. on behalf of the commission, the planning department recommends approval of this contract for 1036 vallejo st. planning and staff is here to answer any questions. thank you. >> thank you ms. ferguson. are there any members of the public that would like to testify on either number two? c not, will close public on a comment. this is a project befitting of the mills and contract. it is much more in keeping of the intent of chapter 71 of the code if there's no objection, i suggest we send this to the full board with recommendation. >> i h

mdm. chair, let me join my colleagues in congratulating you and thank you for your service chairing this securities exchange commission at a challenging time. two questions i wanted to ask you, as as you recall on july 15, 9 of us on this committee sent to you and the chairman a letter about the persistence of the more or less 7% spread, drawing on the work of abramson jenkinson and jones, and asking both the sec and finra to undertake a study of this pricing. we were all supporters of the jobs act and supporters because the jobs act was estimated to save companies one or $2 million a year in sarbanes-oxley compliance cost and the average ipo of roughly $100 million, a remarkably consistent spread. we have not heard back from sec or finra and i'm wondering if we can get a sense of whether this is interest to either and how we might proceed. >> it is a point of significant interest. i think, frankly you should be getting a letter soon. i will say this much, i always study it with the staff

mdm. clerk these call roll call >> thank you. avalos, present. breed, here. campos, present. cohen

thank you mdm. pres. commissioners jay wallace treasure island enterprise. just quickly we were pleased we got the chance to work close with dave and karissa to come to comprise the works for us and works for them as well. i want to also say through executive director bob beck and bridge with betty we spent tireless hours helping us get to a place as well as what bob said supervisor kim's office and supervisor avalos is others were actively involved. were please to be in a place we can get started and bring the marina along with the rest the project it is a great moment in the karissa say a few things but were pleased to be here tonight. thank you. >> good evening commissioners. the director beck. my name is karissa harris adamson cofounder of the treasure island sailing center and chair of the board of directors. as you saw in director beck's slides and hear from jay wallace am here to confirm that treasure island enterprise has settled on this compromise. the footprint and location of the marina propose for the clipper cold. they cover my suggested that sp

i have spoken to the board thank you mdm. chairman for the opportunity to say thank you for this support of our islands and recently i was elected last week and as a commodore. as a commoner, my commitment is to get our jacob more involved in the community. regarding the [inaudible] and we've spoken with sherry and her team about utilizing the services for the recycling and michael is as, nor is to certify the community are yacht club for 50 years should be part of the community. i just want to thank you all. >> thank you, commodore. >> >>[calling public comment cards] >> good evening and welcome to treasure island. commissioners. nice to see you all. i just want to respond to something that mark said. i don't know about-director of tries on housing the moment [inaudible] i don't know the particulars of anything that which residents are being offered what but for the record, anybody who is attending of good standing or all art 250 units when the replacement is going to be offered a replacement unit which will be a like units

i have spoken to the board thank you mdm. chairman for the opportunity to say thank you for this support of our islands and recently i was elected last week and as a commodore. as a commoner, my commitment is to get our jacob more involved in the community. regarding the [inaudible] and we've spoken with sherry and her team about utilizing the services for the recycling and michael is as, nor is to certify the community are yacht club for 50 years should be part of the community. i just want to thank you all. >> thank you, commodore. >> >>[calling public comment cards] >> good evening and welcome to treasure island. commissioners. nice to see you all. i just want to respond to something that mark said. i don't know about-director of tries on housing the moment [inaudible] i don't know the particulars of anything that which residents are being offered what but for the record, anybody who is attending of good standing or all art 250 units when the replacement is going to be offered a replacement unit which will be a like units

>>[gavel] >> mdm. clerk any other business in front of us be was that is the end of business >> thanks everybody. we are adjourned. >>[gavel] >>[adjournment] >> >> >> commission up to three minutes on any matters -- [inaudible] to department personnel. commissioners are not to enter into debate or discussion with the speaker. the lack of a response by the commissioners or department personnel does not necessarily constitute agreement with or support of statements made during public comment. >> thank you madam secretary. is there any member of the public that would like to come forward and speak at this time? seeing none. public comment is now closed. >> item 3 approval of the minutes. approval of the meeting minutes from the regular meeting on september 28, 2016. >> is there any members of the public that has a comment on the minutes as sent to us? seeing none. public comment is now closed. and my fellow commissioners i would like to continue this item. there are a number of things they want to discuss

mdm. chair, let me join my colleagues in congratulating you and thank you for your service chairing this securities exchange commission at a challenging time. two questions i wanted to ask you, as as you recall on july 15, 9 of us on this committee sent to you and the chairman a letter about the persistence of the more or less 7% spread, drawing on the work of abramson jenkinson and jones, and asking both the sec and finra to undertake a study of this pricing. we were all supporters of the jobs act and supporters because the jobs act was estimated to save companies one or $2 million a year in sarbanes-oxley compliance cost and the average ipo of roughly $100 million, a remarkably consistent spread. we have not heard back from sec or finra and i'm wondering if we can get a sense of whether this is interest to either and how we might proceed. >> it is a point of significant interest. i think, frankly you should be getting a letter soon. i will say this much, i always study it with the staff

mdm. clerk any announcements? >> yes. please make sure to silence electronic devices.ted upon today will appear on the november 28 board of supervisors agenda unless under the wise stated >> thank you. supervisor weiner has requested to be excused from today's meeting. >> moved and seconded. >> without objection that motion passes unanimously >>[gavel] >> clerk: one please >> item number one resolution approving the street name of martin avenue fronting street other by brewster street >> thank you. i believe we have staff from dpw here today to make a brief presentation on this item. welcome the floor is yours. >> good afternoon supervisor. department of public works. as mentioned this resolution is to name an unnamed street in honor of mr. martin ron. was a professional was professional land surveyor well known in the land surveying community construction community is established as his business in 1968. and was dedicated to achieving and expertise in the intricate procedures of land surveying in san francisco. since then, mr. bonds company has been involved with near

. >> mdm. clerk? >> a resolution in a mills act. the owners of 1036 and the city and county of san francisco. >> is ferguson? >> please put the overhead please. good morning again. this next contract is for 1036 which is located in the russian hills via hope, national register. they were going to invest over hundred $50,000 for upgrades, with a replacement and restoration work. the staff was at the meeting on october 5, 2016, the preservation commission unanimously recommended approval of the contract. on behalf of the commission, the planning department recommends approval of this contract for 1036 vallejo st. planning and staff is here to answer any questions. thank you. >> thank you ms. ferguson. are there any members of the public that would like to testify on either number two? c not, will close public on a comment. this is a project befitting of the mills and contract. it is much more in keeping of the intent of chapter 71 of the code if there's no objection, i suggest we send this to the full board with recommendation. >> i h

mdm. chair, let me join my colleagues in congratulating you and thank you for your service chairing this securities exchange commission at a challenging time. two questions i wanted to ask you, as as you recall on july 15, 9 of us on this committee sent to you and the chairman a letter about the persistence of the more or less 7% spread, drawing on the work of abramson jenkinson and jones, and asking both the sec and finra to undertake a study of this pricing. we were all supporters of the jobs act and supporters because the jobs act was estimated to save companies one or $2 million a year in sarbanes-oxley compliance cost and the average ipo of roughly $100 million, a remarkably consistent spread. we have not heard back from sec or finra and i'm wondering if we can get a sense of whether this is interest to either and how we might proceed. >> it is a point of significant interest. i think, frankly you should be getting a letter soon. i will say this much, i always study it with the staff