you picked up on one of the key components of the mou for sure. so the developer as part of their conditions to getting the map approved has taken on the obligation of up to a five-year warranty after they completed all construction on phase one, a five-year warranty would kick into gear. the tax district, the i fd and csd would start a ten-year warranty at that time. to the extent the infrastructure doesn't meet certain criteria, if it becomes too bouyant and moves up, some number of inches or portions of an inch, they public works would call upon the project and pay a claim saying we made $200,000 worth of the repair and this is not typical of the city street they call through the mou or tax district to provide that warranty. if the project funds are available at that time and we have the tax district flowing, we would provide that to them and it would go into each subsequent phase final budget that goes to the port commission. and so, if the warranty is called prior to phase 3, it would have clear visibility and it would be integrated into each

you picked up on one of the key components of the mou for sure. so the developer as part of their conditions to getting the map approved has taken on the obligation of up to a five-year warranty after they completed all construction on phase one, a five-year warranty would kick into gear. the tax district, the i fd and csd would start a ten-year warranty at that time. to the extent the infrastructure doesn't meet certain criteria, if it becomes too bouyant and moves up, some number of inches or portions of an inch, they public works would call upon the project and pay a claim saying we made $200,000 worth of the repair and this is not typical of the city street they call through the mou or tax district to provide that warranty. if the project funds are available at that time and we have the tax district flowing, we would provide that to them and it would go into each subsequent phase final budget that goes to the port commission. and so, if the warranty is called prior to phase 3, it would have clear visibility and it would be integrated into each

i mean, we have the ability to give 30 days' notice on that mou, and after 30 days we should give the a distinguished period of time, say six months, to come into compliance with these federal securities laws and pcaob laws. if they don't comply, those noncompliant companies should be deregistered. maria: do you think we're going to see blowback from china? look, they hold a significant amount of debt, the u.s. debt. that, if they start selling that debt, that could be a disruption to u.s. markets. the chinese communist government is not happy that the u.s. administration is pushing back so much not only on things like theft of intellectual property, but their inclusion in our capital markets. what kind of a response might we see from china, roger? >> well, i think they have to be the awfully careful. i mean, this is the area of their single greatest vulnerability and arguably our greatest strength. i mean, we utterly dominate the financial domain on this planet. and that's something they have to keep in mind. i mean, their response will probably not entail trying to sell off treasuri

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i mou the deaths. this is the biggest was principals and narw. the challengesi it -- pnt bolsonaro. challenge, bzil is a country must come to give her to give a clear and -- come together to give alear answer theso what" of its president. >> the lack of uni is a big problem. people are confused. there is frustration with how bolsonaro has handled the crisis, but he is still president. the state governors have been leading the way wh lockdowns and arantines depending on the severity of the problem within thos coue wh lk down locked down early. poor neighborhoods are not able to do so. because of the confusion, there seems to be people running t of patience. more and more people are going back to work and leaving their homes. th could not come at a worse time for the country. ros: the president's argument to allow gyms and hair salons to open is this will make pple healthier. he said they are increasing cholesterol and stress at home. if they can go to a gym, they will have a healthierife. some scientists say while this is meritorious, busy gyms can make the virus sprd. the president

had enor earlier, you mous absenteeism. i was quoting mortality rates among industrial workers. if you see your friend, who is 24 years old, dropdead possibly in two or three days, in some cases, 24 hours after the first symptom, most people took longer to die, then you are not real keen on going in to work, particularly when everybody is lying to you and telling you this is nothing to worry about. the areas where we have good numbers are the shipbuilding industry because that was the war industry. in the shipyards, where they save time, not get into the details -- absenteeism, 60%. those people were told they were important for the war, soldiers right on the front nine. patriotism. they had to come to work. they also had medical care at work, which was not available really any place else in the civilian community, but even with that, you had 60% absenteeism. in other factories, it reached considerably higher numbers, which certainly disrupted the economy, the national economy. also, as i said earlier, the it was almoste -- never longer than 10 weeks. and then the virus seemed t

. -- most --mous post boast ofis famous turning a party of seven people into millions, he says it in the trial, he says it in mein kampf, it is not true, they did not have a party of millions. police raided the party office, one of the nazi workers in the saying hete a letter only has 55,000 some members. he said it was a group with millions. so he takes the crowd into a world of alternative facts while exploiting the lower instincts of the crowd, going to the least intelligent person of the room. this is not a theater, the judge would say any times. and hitler's pope not to the courtroom -- and hit -- he spoke thanks to the presiding judge who had his own reasons. the judge always looked at it as this ardent nationalist and he was. i do not want to spoil it. he had something else going on. and because of that, hitler was speaking to the biggest audience he had ever had. it was not just a beer hall in munich. it was a courtroom. all of germany and the world. this would be his first major autobiography, pre-"mein kampf," and he uses it to spread a mythology about himself and this is a

i would like something put in the mou, that states that the housing group from the city. anyway, the city and the port recognised that this is a bird refuge and it's possibly going to be, you know, undersiege, if you will. i would like to know what your understanding is? do you even know there's a bird refuge across the way? and what would be your answer to my concerns? and if we could have that in writing in the mou so we know everybody is aware of it. >> thank you. thank you very much. so will anyone answer that question. ?is there a wa? is there a way to stop the echoing? (inaudible). >> i don't see that any other callers are there. >> if there's no further public comment, then public comment is closed. president brandon, we have one additional caller just joining. may we take that last call? thank you. >> this is dan hoke. hello, commissioner. >> hi, dan. >> hello, kimberly, nice to hear you all and thank you for taking the call. my question relates to a comment that was made, priority given to the housing 10. my concern is that there are a number of residents of dist

pieces neutralizing antibodies, finding antibodies and the ability to elicit the andtibodies in a mous model. the numbers are small. the thing i'm looking for next is we'd expect the niaid that has partnered to public those results sometime before a phase three in july. that's when we'll get the details. >> then they would be able to scale it so everybody could get a dose by when, matthew. >> caller: they've said they could have a million doses in the fall tens of billions by the end of 2020 and tens of billions run rate by the end of 2021. >> matthew and his team doing incredible work. thank you for joining us in a first ever on cnbc interview you are working hard, we appreciate it. >>> that's it for us on a thursday dow futures down 150 oil is up. tomorrow, i'm told, is friday. squawk picking it up next. i got an oriole here. eh. common bird. ooh look! over here! something much better. there it is. peacock, included with xfinity x1. remarkable. fascinating. -very. it streams tons of your favorite shows and movies, plus the latest in sports news and... huh - run! the newest streaming

on keeping people safe and proving that we can have a great time doing the safety protocols and keep mou moving forward. >> you touched on this earlier when it comes to contact tracing and tracking people down should somebody come down with coronavirus. be infected. can you talk more about your plan if one of your restaurant employees does contract the coronavirus in the coming weeks? will you have to shut down again? >> well, we don't plan to. because we're going to catch that before they get into the space. we had all of our employees tests so we feel pretty confident there and then of course you take their temperature every day. but if somebody does come down with the coronavirus then we're going to send them to the medical officials and have them get treated and those that were around them go do the same. get tested again and make sure they are okay. it is exactly -- that is the reason why we want to record everything. we want to be as safe as possible and feel like we're going way above the safety protocols the state of texas put in place and the city of fort worth in particular. we

look within their hospital to where they can expand but also look to other hospitals where there is an mouncy aid to be exercised in order for these patients to be taken care of. >> one of the big concerns with this that jim and i have been talking about for months on this show, doctor, is that when you do have areas that are a big city like new york city, for example, like the more rural areas of your state, how concerned are you that what's happening in montgomery with not enough icu beds are going to be worse if there are hot spots that emerge in the rural parts of the state? >> absolutely. it's extremely important as we are looking at our cases of covid-19 to have robust testing opportunities in our rural counties as well as our urban counties so we can rapidly pick up cases of covid-19, do our contact tracing, do our investigation to be able to reduce those numbers of cases. and additionally have our hospitals in our areas that are actually have hospitals located reporting into our aimed systems so when people need a hospital and they can be referred to a hospital bed, we can know whe

that does it for me on this mou thursday morning. i'm yasmin vossoughian. now. >>> the minimum number was 100,000 lives, and i think we'll be substantially under that number. hard to believe that if you had 60,000, you can never be happy, but that's a lot fewer than we were originally told and thinking. so they said between 100,000 and 220,000 lives on the minimum side, and up to 2.2 million lives if we didn't do anything. minimum numbers of 100,000. i think we're going to beat that. 100,000 deaths, can you believe that? that was a minimum. if we didn't practice what we practiced, and if we did it a different way, because we had a maximum of 2.2 million people. who knows even if that's right. we would have had, i think, millions of people die, had we done a different way. i think numbers are just coming out where they're estimating 60,000 people will die. we would have had millions of deaths instead of, it looks like we'll be at about a 60,000 mark, which is 40,000 less than the lowest number thought of. one is too many, but we're going toward 50,000 or 60,

that mou would provide no protection to that student against receiving that lower grade? >> carmela joined us. my interpretation that is right. it doesn't bind the teacher to prevent the teacher from grading as they see fit. >> that is where the historically contested grades happen with students or families coming to say why did i end up with a c in this course when i was earning an a for the entire semester? the power sits with the teacher, but with all grades they can beacon tested. when it going to being contested the superintendent intervenes and there is a process to that. that board sets grading the overall grading structure that we use like if we were to completely convert to credit and no credit district that would be your call. the teachers impliment the actual grading within that umbrella. >> in other words, i think what i hear from commissioner collins and a number of commissioners as part of the whole debate is that we don't want students -- these are extreme circumstances that could be affecting students' performance in any number of ways. we don't want the e

had enor earlier, you mous absenteeism. i was quoting mortality rates among industrial workers.f you see your friend, who is 24 years old, dropdead possibly in two or three days, in some cases, 24 hours after the first symptom, most people took longer to die, then you are not real keen on going in to work, particularly when everybody is lying to you and telling you this is nothing to worry about. the areas where we have good numbers are the shipbuilding industry because that was the war industry. in the shipyards, where they save time, not get into the details -- absenteeism, 60%. those people were told they were important for the war, soldiers right on the front nine. patriotism. they had to come to work. they also had medical care at work, which was not available really any place else in the civilian community, but even with that, you had 60% absenteeism. in other factories, it reached considerably higher numbers, which certainly disrupted the economy, the national economy. also, as i said earlier, the it was almoste -- never longer than 10 weeks. and then the virus seemed to

there is a common thread with the trump administration they view their positions including the e nor mou resources of the government as extensions of their personal interest. there is no national interest served by mike pompeo having fancy dinners in the state department with state department employees essentially catering to the needs of a potential republican donor class or republican pundits. that's not in the mission of the secretary of state. in one of the most critical positions in the united states government of the secretary of state, we see personal interest, political interest put ahead of the national interest. and frankly, this is a common corruption of foreign policy in the trump administration. we saw that most, you know, most dramatically in the impeachment proceedings where essentially, they had a shadow of foreign policy to serve trump's personal political interest run through rudy giuliani because the state department wouldn't carry it down. here we have the secretary of state using his office for basically personal and political interest. >> ben rhodes, thank you for j

the big issue will be of course making an honest amounts -- enor mous amounts of it if it looks to be shery: they do need to reach the poorer developing economies. if you take all that into account, how long would it take for there to be free movement of travel around the world? if you get the vaccine in these developed economies but they do not reach these emerging economies, it puts everybody at risk again. think putting i it around the world is the issue, but the people in that move around the world are not poor people in developing economies, usually, in large numbers. you make sure if the vaccine works. if it is effective, if it is protective, then you make sure that anyone who is getting on an international flight has a vaccination, and that basically, it would even be better if they had been tested to see what level of antibodies they had. that would be a strategic and policy decision, but there is no reason once you have a vaccine, that you did not protect people, there is no reason why those people should not start to travel again, as far as i can see. not my field of experti

as we looked at the daily engagement of schedules, we pivoted and we mov we pivoted we mou because it was seven hours of instruction and what we learned is that most of the schools took some of the schedules and then iterated again for themselves. >> this was intended to a phone call, how are you and did you struggle with this lesson didn't let'andlet's help out. >> one more thing, sometimes we didn't know which educator in a building connected to students until we gave so many student devices. i have a story about one of the students who all of a sudden as soon as they got a device started g-chatting me and while it was strange he thought i was the person. the g-chat function allowed children to connect with whatever educator they wanted to connect to on a regular basis. >> one of the things we know, is that teachers got creative is ways to demonstrate work. so they were excited to share with his peers what they accomplished and to stay connected and for a way to stay engaged in the learning. if you look toward the middle, you see, like, an aunt ant and s one of our teachers, and the

as we looked at the daily engagement of schedules, we pivoted and we mov we pivoted we mou because it was seven hours of instruction and what we learned is that most of the schools took some of the schedules and then iterated again for themselves. >> this was intended to a phone call, how are you and did you struggle with this lesson didn't let'andlet's help out. >> one more thing, sometimes we didn't know which educator in a building connected to students until we gave so many student devices. i have a story about one of the students who all of a sudden as soon as they got a device started g-chatting me and while it was strange he thought i was the person. the g-chat function allowed children to connect with whatever educator they wanted to connect to on a regular basis. >> one of the things we know, is that teachers got creative is ways to demonstrate work. so they were excited to share with his peers what they accomplished and to stay connected and for a way to stay engaged in the learning. if you look toward the middle, you see, like, an aunt ant and s one of our teachers, and the

officer for the district and presently, sdiu receives 3.75% from the erat funds which negotiated in mouve been receiving these monies. >> so are you saying erap has been providing the g manufactur? >> i did replace. >> we don't have the e rap money. so you're saying it will flow in support of that. >> because of the prop g litigation, we have been backfilling that money with the rainy day reserve/erap and we have been honoring the add-ons with the different units. >> staff members, this is a public comment time and so, wait until a board member asks you a question. if they have a question. but during this time, this is public's opportunity to either ask a question or direct questions to the staff or to the board, but just want to remind staff members that we are to wait until board members ask this question. >> that's what i was kind of heading toward. thank you, from matthews. dr. matthews. any other public comment? >> one more. >> susan, are you there? >> yes, susan solomon. the eraf money after we campaigned to proposition g, unfortunately, that challenge that happened, is available

surfaces, making sure that we create a, you know, the maximum amount of create a, you know, the maximum a mouopportunity for children to be benefiting from being in front of the teachers again and you have heard everyone from former labour education secretary '5 to the children's commissioner, to so many recognising how important it is that children are getting the benefit of education. without them having the benefit of education, without them having the benefit of being able to go into school, they are really missing out. not just go into school, they are really missing out. notjust educationally but i am sure we have all seen it with our own children, the fact that there —— they have spent so much time away from children of their own age was not having those elements of social interaction. no matter how much we try at home to supplement that with home learning, none of it is really as good as a substitute as those inspiring, passionate teachers at the front of the classroom, giving them the enthusiasm to learn. and it is really good, as i say, not just for their education but also for thei