i like the first phase. last month commissioner makras was hoping it would be done in half time working two shifts. if the merchants are okay and we can work around it, it doesn't affect pier 39 an 39 and the to. thank you. >> thank you very much. i know the commission had a lot of questions regarding this. i am not quite clear. i understand you will be back in the future regarding the lot. in the meantime what is happenings if we approve this today? it is as is in i don't see anything saying you have to come back to us and we will decide if we are going to keep it as parking or use it as plaza or combined. when does that happen. >> it affects 17 to 23 spaces depending on the you partly cloudy regular or do tandem parking on it. the way it currently operates now is how we anticipate it. the project doesn't propose to change that at all. it proposes to put a new surface on it and other amenities to reduce the safety concerns on it. >> a couple times each year right now it is a plaza. things like war fest and

phase in the 2019 period. and in the 5ypp allows us to invest in request-based traffic calming programs and developing new programs to address safety at schools. and also for seniors and persons with disabilities. so some programs and some projects advancing for -- in the name of vision zero. and the safety category, the 5ypp, there are a lot more placeholders than 2014 for the larger problematic lines like non-project specific. at this point there's many more named projects because m.t.a. has conquered some of the low-hanging fruit, the work is done, and it's been installed as an example, so in the 2019 5ypp you see projects on important bike corridors that are listed on this slide. and also listed on the next slide. and you have balance between the programs like 20th avenue and then the opportunity to provide opportunities for projects to advance on neighborhood streets as well. so a range of projects advancing. and the pedestrian safety, that category has funding for several projects in the 2019 period that

we'll bring it in as we need it. ...phase it in. phase it in? yeah, phase it in. phase it in?talk about conference calls. there's always a certain amount of fumbling. a lot of times it doesn't work. we have problems. comcast business goes beyond fast. by letting you make and receive calls from any device using your business line. and conference calls you can join without any dial-ins or pins. (phone) there are currently 3 members in this conference. i like that. i like that too. i would use that in a heartbeat. get started with innovative voice solutions for a low price when you get fast, reliable internet. comcast business. beyond fast. >>> you are in the cnn newsroom. i'm ana cabrera in new york. thank you for being here as we follow breaking news right now. the deadly and very destructive, out of control wildfires in california. at least nine people have died so far. most of them trapped in their cars or in their homes. one town in northern california is almost completely gone. nearly every home and building there burned down. fires are also raging in los angeles. close to

so this is the design phase. you will see the construction phase request next year. and next request is to leverage the bay area bridge tolls to replace 35 paratransit vans and this improves reliability and reduce maintenance costs on the program for paratransit. and last request is from the transportation authority and this is for an appropriation of funds to -- to assess the sustainability program. so when the city -- when there are new developments that are going up in the city, there's a requirement that the developers employ transportation demand management strategies and these include things like on-site amenityities and subsidizing transit passes and all in reducing the miles traveled by the residents moving into new developments. so we'll develop a tool to see how to analyze the data and evaluate the effectiveness of these strategies. eventually the next phase of work in the next year, in the y.y.p. is to create a public web-based version of the tool. so that the public and developers can look and see how effective the strategies are and the menu -- in the to

it is the third phase of the original three phase development called san francisco a project.hase one and phase two projects were built out by the previous owner of the project and all the common units were sold out. the previous ownership felt -- in 2007, the planning commission gave unanimous approval to the conditional use authorization for this phase three. the project stayed stagnant in 2008 because of the challenging economic conditions. although the site started grading in 2009 and was completed in 2010. as you know, there has been a great demand for housing in san francisco. as a result, we have reactivated this project and made many upgrades to the previously approved design. to meet with today's market conditions. we kept the originally approved number of units, 465 units. we kept the same building height , bulk and buildable lot area. as required by the conditional use authorization, we hosted a vote with the current phase one and phase two residence about whether to keep the outside control gate. we received a strong voice from the community to keep the gate and we

one and delivery of phase two, the downtown extension. i will report to the commissioners that the tgpa welcomes this, as it will provide tgpa with valuable lessons learned. [inaudible] >> -- california high speed rail, and sfcta. we work with sfcta executive director, tilly chang, and the san francisco controller's office to complete these two efforts as soon as possible so that funding can be reinstated and work on the downtown extension can resume. moving onto transit center operations, as you know, all bus operations continues to be conducted from the temporary terminal. since the transit center's temporarily closure, we took steps to reduce staffing levels on all our operational activities. we also developed a schedule of required ramp-up time so we can be ready to augment staff when the transit center is scheduled for reopening is developed. next month, we will present the board with impact the closure has had on our operational budget. we were working with pearl media, the advertising and social media time to rapidly start the soci

phases it in over five years so the five year phase-in is matching the asset side. you can see the net result on the bottom of the scrap. you have much more evenly distributed gains. decrease initially. increases over five years then smaller decreases than the smallesmallerthe smallsmaller p. another one is the actual audit to explicitly value the supplemental cola in the funding valuation. increase in liability close to $2 billion am moretised over 20 years. the current funding policy for assumption changes over three to five years. going forward any variances in the supplemental cola am moretised gains or losses over 20 years. this graft shows the pattern what we talked about the 2017 baseline, updates to 2018 with assets and supplemental cola, prefunding that supplemental cola increase in contribution rate, highest. it does converge with the 2017 baseline in 10 years. then we haven't talked about. expanding the supplemental cola from five to 10 years and phasing it in over five years. with that i will pass it to bill to talk about the economic assumptions. >> we

, phases 2 and 3. and we made some modifications as we've been working through the process. and we've expanded the boundary to incorporate more area for stormwater treatment. and so we need to make sure we have enough room to accommodate that. and we excluded the pier from this space because there's a lack of information about potential programs for the future and, really, what we need to do is design the adjacent park to accommodate the utilities that we'll be providing. so those are the two changes that will be happening to the boundary at this point in time. in terms of schedule, what we've been up to since may when we last met with you, we met with the city departments, accessibility, coordinators a few times. also met with the san francisco bicycle coalition. we are here today and also will meet with i.t.c. next week, it sounds leak. and then we'll be going back to the board in november. in december, we'll be looking for your endorsement. we also have a few other meetings that were planned with th

phase two, downtown extension, estimated cost is? >> $4 billion. >> chairman peskin: and that does not include grade separations? >> does not include grade separations. that's based on a 2016 cost estimate, supervisor, and we've been working with staff on funding to update the cost estimate after we do the 30% design. >> chairman peskin: and grade separations are worth over a billion dollars, $2 billion? >> based on the r.a.b. study. >> chairman peskin: so we're looking at a project that's north of $6 billion. is that a fair statement? >> as we currentliest mate. we would need to do some more assessments and establish a program based on that, and that's the allocated previously for us and discussion today. our focus is the $4 billion, not the $6 billion. we have a billion dollars in starts and another billion in local and other funding, and we're looking to have discussions with high-speed rail and caltrain on passing a facilities charge for folks that would use the trains from the 4th and king station and to a transit center that wo

is still in its foot-scaling phase.s it becomes an understood category, then you start doing this shifting problem. product a lot a more polished? how do we make our business operations a lot more effective? david: take this analysis and apply it to real-world situations. reid: twitter, the next major phase, more efficiency. it depends on what ideas you have for the next major phase of growth. do we have ideas we can play ?ith you try to measure, are all my ideas good ones. if you have a good idea about how to take twitter to the next level, you may move into such a phase. david: if you are in the successful high growth, you may google did not just rely on facebook. i think all of the great tech companies are saying how we build these amazing technological products of the future. to acquire and combine. pattern by central which the major companies 10 -- those arew working on today. david: google is on the right track. amazon. , but you raise questions about a twitter? those are the existential challenges. management tea

in the last terminal phase ever since as of yesterday we've broken down through the last. bastion of hope until we get back down to one thousand dollars which is the beginning point of the hyper wave i believe what will happen at that point is we won't see anymore all swe won't see anymore i c o o's there will only be bitcoin stand in and it will be ready for the next hyper wave up after that so i am a bit coin maximalist i believe it is the solution to the credit problem but not yet. right and just to repeat so your work i guess is being kind of channeled through time at this point right so you intel inveighs is a good friend of it's of ours so that's kind of were your work is accessible you're kind dealing more on the institutional side no longer for the last ten years i've basically been retired until big coin brought me back to write i do manage money for individuals and lead walden i are partners in something called lucid funds dot com which is our website and we teach we teach about not only technical analysis but the macro picture where we are and what to do and peo

phase one of the study provided for a focus on travellers beginning or ending their trips in downtown san francisco and eastern neighborhoods. we consider these goals when evaluating options to reduce travel times on freeways. the management strategy includes more than just changes to the physical land out of the lanes on the freeways. much like we wouldn't implement a red light on city streets without an investment and best service that uses those lanes, we shouldn't and could it -- couldn't implement a carpal lane the lane and policy about who can use it and when are the platform and that sent -- in that centre box there. while the service we can provide , whether that is transit , low-income services, or carpal matching, they are in the right-hand box. these policy decisions must go with the lane. together these come together into a holistic free wait management strategy. the freeway corridor management study focused on testing the feasibility of that platform while identifying the needs to scope the work required to implement the policy. so the study focused on testing the feasibi

twitter, next phase of growth is -- -- next major phase of growth? or efficiency? it depends on the ideas you have. it is not a scientific measurement. do we have ideas we can play against? part of the reason you are investing your investment thesis is are my ideas good ones, should i invest in them, or should i operate towards efficiency? if you have a good idea how to take twitter to the next level, you may be in a blitzscaling phase. or you may move again to a blitzscaling phase. if you don't, you start focusing on efficiency. david: does that mean if you are in this successful, high-growth tech company that you want to be looking for other arrows in your quiver? we see this with facebook. they did not just rely on facebook. google did the same thing. reid: yes, all of the great tech companies and all tech companies are saying how do we build these amazing tech products in the future are looking for the next major areas to build themselves or acquire, or acquire, combine, and grow. that is the central pattern by which the major companies 10 years from now are th

they described the two-phase process. our understanding is the that rec and park is beginning to begin their renovation of the playground. we, however, considered this to be a policy matter. it anticipates that the department of emergency management will be expanding their facility. this has not been approved yet in issuing bonds to fund this. and for that reason, we consider this to be a policy matter. cohen koen -- >> president cohen: thank you, i appreciate that. i'm going to go to public comment. i don't have any further questions. so if there is a member of the public that would like to talk on item 6. seeing none, public comment is closed. thank you. severin, were there amendments? no? no amendments? >> no, there are amendments from the department themselves. >> president cohen: ok, i'll make a motion to accept the amendments. and approve with a positive recommendation and send that to the full board. without objection, thank you. please all item 7 and 8 together. >> item 7, resolution authorizing the office of the

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want to finalize the phase one construction clos to close touts portion of the program. in terms of budget, we're in a slower burn than we had been. we committed $2.1 billion and expanded it to $2.09 billion. that was about delta 6.7 in expenditures and 4.7 in committed over the last month. mostly attributed to the extended period to address the close out as well as capture some of the latter trade packages that are coming to closure or maturity. in terms of forecast, e.a.c. remains the same. there are no new risk to factor or new facts. issues you have the paving are clearly in the realm of warranty and should not impact e.a.c. we are from the process reviewing the history of those matters to ensure we get the facts and understand the root causes of those issues. in terms of contingency use, it's little bit of a slow burn. we've had some light draws. mostly as i mentioned, the latter packages. the ercs and the low voltage systems that are wrapping up now and drawing down on some of the contingency. little bit of changes with d.b.i. in terms of their code code interpreta

with phase two in this case, 30% will result to increased escalation. at this time estimated approximately $17 million a month. second, missed opportunities to obtain commitments of federal and state funding for phase two and third, until completion of the dtx and caltran and high speed rail will utilize forth -- fourth and king with caltran electrification delivered in 2022 and high speed rail in 2027. the nation and neighborhood window be handle to anticipated volumes of passengers, residents, workers and visitors with major infrastructure and station improvements. this is problematic. based on these concerns, the c.a.c. members would have preferred that the design activities continue with the conditions outline outlined in e c.t.a. resolution being met. the c.a.c. members understand and respect the unanimous decision by the sfcta commissionerrings this is an appropriate action by those responsible for good governance and oversight of the scale. with this as the backdrop, the c.a.c. relates the following. the evaluation and review by the comptroller o

we'll bring it in as we need it. ...phase it in. phase it in? yeah, phase it in. phase it in? ♪ let's fly, let's fly away ♪ ♪ just say the words ♪ and we'll beat the birds down to acapulco bay ♪ ♪ it's perfect for a flying honeymoon they say ♪ ♪ come fly with me ♪ let's fly, let's fly away ♪ ♪ come fly with me ♪ let's fly, let's fly away ♪ comcast business built the nation's largest gig-speed network. then went beyond. beyond chasing down network problems. to knowing when and where there's an issue. beyond network complexity. to a zero-touch, one-box world. optimizing performance and budget. beyond having questions. to getting answers. "activecore, how's my network?" "all sites are green." all of which helps you do more than your customers thought possible. comcast business. beyond fast. >>> oprah winfrey has been out campaigning in georgia for stacey abrams who if she wins o'become the country's first african-american female governor. tonight winfrey has responded to a racist robocall that targeted georgia voters from a white supremacist group. we're going to play you her res

it's been the commission's policy that rates for a phase be projected at the time of that phase launch to be at or below pg&e rates at -- as the launch of that phase begins. so that's been our historic practice. we want to ensure successful april enrollment and help our existing customers. so we're proposing that the commission consider a rate action at its next meeting in december. that's the december 11 meeting. the goal of the action would be to ensure that the cleanpowersf power can continue to offer a competitive rate to existing customers and for those new customers, those 280,000 additional customers that we'd be enrolling in april. we'd be taking a slightly different approach in this recommendation to you. rather than reducing our generation rate to absorb the impact, we'd be proposing to leave the generation rate the same, but include a new credit on cleanpowersf customer bills that would help absorb the difference between the cost to take service from pg&e and the cost to take service from cleanpowersf. the credit would show up as a line item on a customer's bill so it's clea

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we'll bring it in as we need it. ...phase it in. phase it in? yeah, phase it in. phase it in? smile dad. i take medication for high blood pressure and cholesterol. but they might not be enough to protect my heart. adding bayer aspirin can further reduce the risk of another heart attack. because my second chance matters. be sure to talk to your doctor before you begin an aspirin regimen. >>> all right. we got your first assessment of president donald trump. the reaction from the president, immediately go after the russia investigation. he took out his frustration maybe by firing his attorney general, but let's be honest. we all thought that was going to happen anyway. this soon? no. tonight we have the former white house communications director, anthony scaramucci. it's good to have you back on primetime, especially after last night. >> yeah, i think it was an interesting night. there was something there, chris, for everybody. it was sort of like that box of chocolate in the forest gump movie. you open it up, there's a little bit there for everybody. but by and large, if you lo

or you may move again to a blitzscaling pays. -- phase. if you don't come you start focusing on efficiency. david: does that mean if you are in this successful, high-growth tech company that you want to be looking for other arrows in your quiver? facebook, google did the same thing. reid: yes, all of the great tech companies and all tech companies are saying how do we build these amazing tech products in the future are looking for the next major areas to build themselves or acquire, combine, and grow. that is the central pattern by which the major companies 10 years from now are the ones doing that today. david: as you look at it, that would suggest facebook is on the right track. as far as you can tell on the outside. google is on the right track, although concerned about facebook, right? amazon? reid: absolutely. david: do you raise questions about snap, twitter? reid: those are the existential challenges for those companies. the management teams can figure them out. evan spiegel is a good product inventor. jack dorsey is a good product

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