most appropriately entitled port city. an amazing piece of work that reminds us all of the fact that there was a port, then there was a city. that we really are a very integrated part of the city's heritage in many ways. like -- sorry, mark -- i am married to him like, got to get that right. in august 2010 he was appointed as executive director, moving here from the los angeles conservancy where he led the organization's advocacy program. he was successful in the preservation of historic resources in the port of los angeles. thank you for doing that. he is a regional attorney for the national historic western office and is on the board of trustees for the california foundation since 2006 and has published two publications on their behalf. award winning design solutions and what is in it for you. he has his from the santa clara university of lot and has come to our fine city to lead an organization that is very important point in history. one of the most interesting things i have found so far in the book is the point where t

port believes it is a win-win for the city, the port, the spectators, and the future of the oldest yachting contest in american history. it's pretty exciting news, i must say. next, we have a couple of commendations. a few of them. i want to find my notes. again, i'm a pinch hitter. first, we have a new port commissioner. we have two commissioners leading the port commission. one of them is here. one of them unfortunately is not. commissioner shakofsky cannot be with us today. she's in southern california at a conference. however, we do want to acknowledge her time on the port commission. she was appointed to the commission by the mayor in 2007. her term expired this past summer. stephanie was elected vice president of the port commission in 2009. for her job, she's executive director of creative lands recycling, which is a not-for- profit organization. stephanie has over a decade of experience working with government agencies, communities, and municipalities. at her tenure at port, has been instrumental, especially in land reuse, and was very concerned about the health and over well- being

port. it talks about the story of how the court did receive the development of the city. it chronicles the port from its inception in the mid 19th

port will be $8.7 million. that is down from about $14.5 billion in the original host city agreement, but it is still very significant and represents a sizable portion of the port's annual revenues. this table shows all related city costs. i will discuss first be pier 27 cruise terminal. there's a synergy with the plans to develop a cruise terminal. we were excited when we started talking about pier 27. they want to have even viewing. they would like to have team hospitality sites where they are greeting some of their sponsors. meanwhile, we are planning to build a new international cruise terminal, and we appreciate your revenue funding appropriations to make this a reality. be our plan will be to conduct ceqa and build this and allow the event -- the authority uses for a limited time in 2013. the total costs are $75 million. we have a shortfall of about $6.5 million that we would request that the city help us with. there are a tenant relocation costs of $1.5 million including claims and settlements. there is some debt issuance cost of about $800,000, and we project about $300,000 in staffing costs for a total of ab

they say new port city rhode island could still host the event if san francisco proves unable to do so. david stevenson, ktvu channel 2 news. >>> gavin newsom released a statement, in it he said the strength of san francisco's bid and the enormous benefits it will provide to the city and the team are the result of months of hard work, negotiations and overwhelming support from the city and state. stan francisco truly came together to support this bid. >>> well the party is on. all over the bay area the new year's festivities are kicking off, but you don't are to leave your couch to join in. rob roth is in another place where they might cause some issues. >> reporter: and crews have already started placing cones along the waterfront where a bike ride is expected to take place. that could cause traffic. thousands of people are spending the night here listening to a band named further, which consist of members of the grateful dead. >> we all get together, and we've been friends for years and year, always get together for new years. >> reporter: b.a.r.t. says it will be raining trains unti

he challenges on stage the prejudice that daunts those who live in the port city's suburbs. >> i startedith my family and my close friends. after i talked about muslims, gays, women, people on television try to do their best to separate people. what we have to do as an artist or onstage, we have to link. >> for those living in the poorest suburbs, perhaps those divisions have never looked so stark. he was a long way from its humble beginnings by that point. he left for connecticut's university to study english. to their surprise, he was already fluent in the universal language. ♪ a shoulder injury -- the discipline it was short-lived. he was sorry trying his hand at comedy. [applause] today, audiences of every creed and color, he switches from french to english and back again. >> physically, i do not look arabic because i have blue eyes. my mother has black eyes. she got them from my father, too. [laughter] >> he is proof that the old adage that wherever we may live, laughter is the shortest distance between us. >> you will get much more on back any time you wanted on bbc.com. you can ge

the protests are raging in egypt where angry crowds have taken control of the port city of suez tens of thousands of writers have continued to clash with police in cairo on the third day of violence that. it comes as internet access all across egypt is completely shut down and mobile phone services are reportedly off in some regions at least seven people have been killed during a time well that's been inspired by the month long chaos in tunisia where uprisings saw its leader deposed. and a cabinet reshuffle and its aussie's alexy ever shifting reports images of angry protesters in north africa bear some striking parallels with other countries. giorgio two thousand three. hundred pounds it sure. did you start on two thousand and five. and egypt twenty eleven i think these are all completely different rules well think again and not only because they're raised fist was one of their symbols if you look more closely you look at the so-called people who are leading this are being coached in the they're being coached by u.s. intelligence services the same way the orange revolution was in th

city, mayor newsom. all the members of his crew. i want to thank everyone on the starboard side and port side of the board of supervisors. in particular, christopher daly. you and the budget analyst raised so many issues that were important to help us figure out how we can minimize the cost to the city. as i look around this entire group, i know we are on the same vessel, that is the hms san francisco. i think this is the best been put together internationally and i look forward to this race coming home. [applause] >> i do not know if you rehearsed that or if you just have a love of sailing. supervisor ross mirkarimi. even if you did not expect it, share some thoughts. >> my message is short and sweet. mr. allison, with all of the holiday fanfare before us, i think san francisco deserves, after what we have demonstrated over the last few months -- because no other city has been able to exemplify the coming together, especially in this rare form of consensus. being able to operate in and a regular time line, taking care of the city's business, the business of the people, and providing for the people and yourself, a great b

the current port director and her staff are a dream team of which the city can be proud. are extremely competent, and they are committed to the best interest of the court -- of the port and the city. this is the best team we can have to hold the key to the fire of the america's cup and to enforce whatever deal is structured. the court staff has been working hard with the mayor's office -- the port step has been working hard with the mayor's office. in the last week, in the mind of the people from our advisory committee, this is taken a 180 degree turn. it is sailing with the wind behind it. but is this as good as it can get? i am hopeful that in the coming weeks this committee will make it even better. this leads me to my third and final point. supervisor mirkarimi: thank you, sir. >> which will save for another time. -- which i will say for another time. >> good afternoon. i am lowrie armstrong from the san francisco convention and visitors bureau. i am here to reinforce the fact that this type of opportunity in the bay -- i think you get that. unlike the world series an

port. it talks about the story of how the court did receive the development of the city. it chronicles the port from its inception in the mid 19th century to the present day, concluding with an epilogue tracing the ongoing transformation through present day. it set the stage for future changes ahead with the future announcement regarding the america's cup. really it is a wonderful read if i might say so myself. over 300 historic photos, maps, and illustrations from different times in the port's history. a lavishly illustrated book. this project is only made possible because of the partnership between the port of san francisco and heritage, dating back to the 1990's where heritage worked closely with the pork and community in conceiving the proposal for the national register historic district. this partnership has continued into the present day since august from my start here, working closely with mark on the board, as well as renee martin. planning for the rollout we want to get maximum exposure. several of ants are already on the calendar. a panel discussion of the histor

forth and trying to fashion a more certain terms of the agreement that will strengthen the city's bid. the port commission resolution approving the host city agreement really provided city staff authority to further negotiate as long as we do not increase the city's obligations or liabilities in consultation with the city attorney's office. we feel we have done that. i would like to spend just two minutes going over some of the proposed revisions to the agreement that we think makes it stronger. first in section 6.2 of the agreement, now permits the authorities investment in some of our historic peers in the northern waterfront with rent credits to repay that investment. section 7.3, consistent with the budget analyst recommendation provides for a term sheet approval of any long- term development rights by the board of supervisors. we have entered the budget analyst's recommendations regarding fair market rents by an appraisal process. the board negotiated for participation read, which is something that we have been trying to get out of this agreement for some time. basically, some terms of bal

to execute the host city and venue agreement, authorizing and urging the mayor, office of economic and workforce development, port and other such city officials as appropriate to take such steps and execute such additional agreements as are consistent with the host city and venue agreement and this resolution to bring the 34th america's cup to the san francisco bay and finding that the proposed event is fiscally feasible as set forth in administrative code chapter 29. supervisor avalos: thank you, mr. young. supervisor mirkarimi. supervisor mirkarimi: thank you, mr. chair. as you indicated, we are continuing our hearing from last week. i want to say in advance our strong appreciation to the city family in working around the clock in order to produce the kind of analysis that we just did not have the ability to have a thorough vetting of last wednesday. thank you to the budget analyst's office, controller's office, economic analysts and all of the city family. as we had well indicated in last wednesday's hearing, the plan for the northern waterfront, in order to strengthen oured by to secure the rights -- our bid

to execute the host city and venue agreement; authorizing and urging the mayor, office of economic and workforce development, portother city officials as appropriate to take such steps and execute such additional agreements as are consistent with the host city and venue agreement and this resolution to bring the 34th america's cup to the san francisco bay; and finding that the proposed event is fiscally feasible as set forth in administrative code chapter 29. supervisor mirkarimi: thank you. very good. colleagues? good afternoon. good afternoon to everyone. this is the first time that the budget and finance committee has had a hearing on the prospect of hosting the america's cup race. earlier this year when mr. yellow sun had secured the, once for which was well supported by the mayor,

approximately $1.40 billion in economic investment and benefits to the city, as well as providing approximately 9000 jobs. that means the port commission is going to have before it tremendous responsibility to ensure the stewardship on behalf of the city with respect to the development that takes place in coordination with the america's cup as well as other projects that are ongoing, ensuring that we honor the law recently passed as well for local hiring, which i think is again a great opportunity for us as a city. with the number of jobs coming in, to be able to employ our local people. i know many of you in various different capacities, but i want to touch on some of my experiences that are relevant to serving on the porch. my mother reminded me, coming full circle, that my father had been the solicitor of the maritime commission in the kennedy and johnson administrations. when nixon took office, we moved as far away physically and spiritually as we could, to berkeley in 1969. [laughter] it was touching to receive the nomination and be able to go full circle with something my father had always cared so passionately about a

city investment. we want people to spend their money at the port. >> thank you. >> one more question for the port through the chair. does the poor have a physician on whether or not, the simple question i have is if this is the best deal the city can get. >> i want to say that going back to the points i made earlier that this city had a negotiated agreement that involves the central waterfront sites and long-term development. i think this was the best bid that the city could make. the port commission strongly preferred the waterfront alternative. this focuses investment where we would prefer to see it. we think that this is the best bid that we can put forward right now. we have not heard from the teams they have endorsed the alternative. with this time line, this is the best deal that we can get. the are you saying with a different time line, we can get a better deal? the team was in town for the time preceding the -- and they largely left town after that. there was representatives in town after that. i doubt that the team would sit down for further negotiations in any extra windows that the board would

it wasn't just cairo, this was the port city of suez today where security forces lost control of the streets. riot police were confronted by crowds in the tens of thousands. armoured vehicles and government buildings were set a light, in clashes which left at least one man dead. and walking into this firestorm is the retired u.n. diplomat whose's hinted that he might be the leader of a post mubarak egypt. mohammed elbaradei joining protestors and calling for the regime to listen to the people. though the nobel winners' supporters were beaten when they tried marching this afternoon. tonight cairo is in chaos. there are fires burning around the mubarak party headquarters. the air is thick with smoke, ringing with the sound of gunfire, along with the cries of thousands calling for the end of the mubarak regime. a nation-wide block on the internet and mobile phone coverage has failed to stop this in-- insurection and it isn't clear what will. it was after-- when president mubarak appeared on state television, his first appearance since the crisis began. he said he was sorry that people h

time the consequent into strength against the dollar and the americans are hoping to cash in port not. city's chinatown is a go to for many things authentic meals designer knockoffs manicures massages and now money in the bank of china one of the country's name a stand on lenders has unlocked a particular door to u.s. citizens american customers are now allowed to come to this bank and open up an account trading their u.s. dollars for the chinese we want a currency bet some experts believe is worth making a currency exchange of up to twenty thousand dollars per year and while plenty of u.s. banks try to entice new customers with special offers the bank of china might be offering something irresistible today growth experts say china's currency is likely to go up as the country remains a manufacturing powerhouse the chinese have been saving and over thirty five percent of their income in the united states we've been saving and investing two percent of our income we've been borrowing in consuming they've been saving and investing the world's largest export are currently coasting with the new eno

port of san francisco is at a very critical juncture. we are about to embark on a very exciting project to bring in the america's cup to this city, and i want to make sure that the people who are on the board of directors of the port of san francisco are going to have the expertise and the background to provide the kind of oversight that is needed to make sure that kind of event is successful. so it is not a question of in any way challenging the integrity or the qualifications or overall professional experience, but really trying to understand what is the connection to the porch. is this the right fit? that is the main question. >> if i can just follow up on it, to specifically to answer your question with regard to the america's cup, it is a multifaceted question in terms of why it is coming to san francisco. partly it is marketing. partly it is financial. partly it is getting the tourists out. partly it is getting sponsorship and raising money. i have a strong track record of doing very well in that. it is unique to have someone, i think, of my skill set, where i can bring experience and value and judgment to each of those elements, and

despite the concerns, the strategy to integrate the host city agreement with the port's mission to build a new cruise terminal appears to be very promising. in order to meet the obligations set forth in the host city agreement, pier 27 design and entitlements would have to be completed this time next year. to meet this ambitious schedule, we feel it is necessary for the design team to initiate work on scheme particular -- zem particular -- schematic design early next month. time is of the essence. if san francisco does get the america's cup, we will be off and racing. and any time lost will be difficult for us. with regards to the proposed funding strategy, again it is just a proposal. we are not asking you to approve what the funding is because we don't know it completely yet. but there would be two phases to the cruise terminal project. phase one would be again to build a core and shell to accommodate the america's cup racing event in 2013. and a very, and i emphasize very, cost estimate to build that core and shell is about $75 million. the port currently has $31 million it could cont

. >> port and citying compelling them to do that. >> and this owner says he's trying to tough it out, sympathizing with neighbor autos what can you do? you're running a business and a building is shaking. you know? you can't hear yourself think. >> the port says work should be over within six to eight weeks. after thark owners of the legendary fish house will decide whether to continue the family legacy. >> this is a way of life that has been passed down from generations. and it's in your blood. >> still ahead here tonight an important measurement of the economy. record earnings for intel and challenges faces going forward. >> there is a look at conditions where you are when i return with the accu-weather forecast. >> dog fight developing in golden gate national recreation area. new rules for pets. >> and later tonight animal rescue training and some of the local volunteers answered the local volunteers answered the call of the wild. a throne for the tv... room for movies... your workout gear... non-stop football... it's a man cave! the boys next door will never leave. who says we wan

city construction costs of about $47.4 million, again, largely the port for the original plan. available funding has not been identified. the port had indicated that they could issue debt for about $25 million to cover their costs through certificates of participation. that is the maximum they would be eligible for, so we identified that. the assumption for the rest is a transfer from the general fund, as is allowed by the administrative code. long-term operating and maintenance costs -- we identified none because largely, the properties are transferred, the new landlords would bear responsibility for it. not the landlords, lieutenants, excuse me. finally, on the debt load again, the potential $25 million certificates of for dissipation issuance would increase the city's debt by $25 million. we did get last week the proposed northern waterfront alternative agreement. of course, that was not including the amendments that came forward today. this was as advanced by the port commission at their november 30 hearing. there are differences in what events and what facilities will be u

the port is monitoring the cleanup. >> the port and city are compelling them to do that. we're just surprised there wouldn't be complaints about this very work we asked them to do. >> the owner of california shellfish says he is trying to tough it out and sympathize west side his neighbors. >> what can you do. you are running a business in a building shaking. >> the port says the cleanup work should be over from six to eight weeks. after that the owners of the legendary fish house will decide whether to continue the family legacy. >> this is a way of life that has been passed down for generations. it's in your blood. >> the port says none of the other businesses in the area have complained about the cleanup which began december 29. still ahead, two new furry additions to the monterey bay aquarium. >>> a warning to south bay drivers, part of highway 101? santa clara county is going to be closed for a construction project. caltrans is shutting down northbound and southbound lanes at tully road from 11:00 tonight until 5:00 in the morning. drivers will be forced to detour at

port. this is very much dependent on what exactly the developer chooses to build and what exactly the city approves at that time. not withstanding the small shortfall, the city does gain revenue on a net present value basis. i grant you that there are cash flow issues, but the long term tax revenue gained really would not exist if they were not renovated. it generates a long-term tax revenue to make things possible for the city even when you deeply discount the future revenue to the city. it would support about 225 permanent jobs. they would not likely be in san francisco because they're so close to the end of their life. that concludes our report. those are the main conclusions. >> one of them attached to your employees here with regard to the jobs after the event itself, what about the overall investment in that part of the pork? -- port? would that even be a possibility that you can imagine or detect if this was even being entertained? >> if there was no america's cup, a private developer would have to take on these infrastructure costs. these projects will not pencil by themselves. tha

he looked back to the city port director. >> we're going to do our best to find places for tenants but america's cup is demanding for a short time a great deal of space. and that is seeming to be the best news for the water front. >> the supervisor says hearings will be held to discuss which businesses will be relocated. >> and apple reports to wall street record revenue. $27 billion and a record quarterly profit of $6 billin for final quarter of the year. some thanks to holiday shopper who's bought more than seven million ipads. good news on the financial front comes after the public face of apple and ceo steve jobs announced he's taking his second medical leave in the two years. tech analysts believe apple remains in good hands as do app developers demending on marketing to consumers. >> a person's inspiration can be inside of a company if they're not in present. so... that happened when steve jobs separated once, it will happen again, here. >> jobs has not reveal whed plans on returning to apple. he survived pancreatic cancer. apple was down today, it's now moving up in after-hourgs

port. i think that those of us have watched city life have seen how she has conducted herself and there's no question that she would be that open, caring, thoughtful, decent and considerate person. i would say that for myself, as i stepped down from representing my district where lesley lives, from recognizing to my knowledge that there has never been a member of the lgbt community that has served on the port commission, i would urge you to vote for leslie. when you have an individual who has distinguished themselves and conducted himself with incredible respect and dignity for this institution of the board, for city government, we would give her the opportunity to serve. >> can't you, mr. president. let me simply say that i seconded the motion not because i do not support the appointment but i believe that some issues had been raised and it is park for us to provide this individual the opportunity to meet with the people who have raised those issues. i am confident that once she does that, the concerns will be addressed. i share the same thoughts that supervisor dufty has and i do believe t