mr. jim smith, who will be facilitating sfgov on our behalf. madame clerk, do you have any newms. >> please make sure to science all electronic devices, completed speaker card and copies of any documents should be submitted to the clerk. items acted upon today will appear on the october 7th board of supervisors agenda unless otherwise stated. >> madame clerk we will have the individual civil grand jury reports. we will hold them individually and have public comment for each one. can you please call the first and second items? >> item no. 1 and 2 is hearing and resolution reidsponding to the presiding judge of superior court on the recently published civil gross margin report entight identify mayor's office of housing, under pressure and challenged to preserve diversity." >> our honorable chairwoman of the civil gross margin will speak to us as an introduction to the work that they have all done over the course of the year . you were here two weeks ago presenting reports and continue to thank you for your service, because we know you are all vol

mr. jim smith we're going to get started we have a legislated i didn't meeting today madam clerk, any announcements? >> please silence all electronic devices. completed speaker cards and copies of the documents to be completed as part of the file should be submitted to the clerk. okay. today, we're here to hear 3 items from the can i feel grand jury report we want to call the first and second items today, we'll hold the hearing and have a presentation first on the port >> madam clerk call items 15e. >> is a hearing and resolution responding to the proceeding just of the superior court on the published civil grand jury report entitled the 76 caught been dollars. >> before we get to the specification i'll give el lane smith a couple of minutes to speak to the committee thank you for your work on this i know you've spent a lot of hours putting those reports together so, please provide us with an overview. >> thank you very much madam chair supervisor tang and supervisor chiu thank you for your time to the a year worth of work for the 2013-2014 civil grand jury i want to give a quick context how we ope

mr. jim smith we're going to get started we have a legislated i didn't meeting today madam clerk, any announcements? >> please silence all electronic devices. completed speaker cards and copies of the documents to be completed as part of the file should be submitted to the clerk. okay. today, we're here to hear 3 items from the can i feel grand jury report we want to call the first and second items today, we'll hold the hearing and have a presentation

is mark farrell i'm joined by supervisor avalos i want to thank the members of sfgovtv jim smith and jennifer lowe mr

is mark farrell i'm joined by supervisor avalos i want to thank the members of sfgovtv jim smith and jennifer lowe mr. clerk any announcement please be sure to silence all today's and places you under your regular calendar items acted upon will prior on the soept 14 agenda. thank you, mr. evans so mr. clerk call item one >> an ordnance levying the property tax on each one hundred dlrsz of taxable money for the city college and the bay area rapid transit district and a pass through rate ever point zero 5 zero for residential tenants for chapter code for fiscal year 2015. >> thank you jamie from our controller's office i know we have one technical amendment that has been passed around. >> good morning. i'm the property tax budget guy. this is the assessment of the property tax for the city and county the base rate t is set by the state constitution the amount above the property tax rate above one percent is determined by how many money is voter approved bonds we're proposing amendments to the amendment that will lower the property tax slightly. bart has a general obligation bond in the property tax rat

mr. smith, welcome back to mad money. >> jim, thank you for inviting me. >> alex, you say it up top in your release. you say "we were challenged by soft store traffic and, more significantly, by declines in our merchandise margins." can these be reversed within the next two or three quarters, sir? >> well, jim, we have a great confidence in our merchandise that's coming in in the third and fourth quarter and as you know, pier 1 is good at the holiday season. we know our store execution will be great and we're confident in the enhancen'ts we're making to pier 1.com which come in to play the next month or two. so we'll give it our best shot. >> do you think -- i was trying to -- you're online is very compelling. one time when we spoke a few years ago it wasn't that good. are we at a position now where i detect from the call that maybe you have too many stores because online is so good? >> online is amazing and our customer is voting and saying this is how we want to shop which is why we accelerated our whole omni channel strategy which we call 1 pier 1. but the amazing thing about this, and t