the community investment & infrastructure commission will now go into recess and we will move to the redevelopment agency financing agenda after xheemgs we'll come back into recession. so i don't think we'll take a break. so i'd like to call to order at the 133 the community investment & infrastructure commission madam secretary. >> we have a quorum. >> thank you very much. commissioner ellington. commissioner mondejar. commissioner singh is absent and commissioner rosales at about stained and a commissioner johnson. commissioner singh is absent. commissioner rosales a bit stained all other members of the commission are present >> thank you very much only one thing i ask say we can't have an a bit stipulation. >> we can have the election of officers and then i'll have to recuse myself. >> commissioner rosales is present, however, may have an a bit stipulation we have 4 present and let me move to my thing here to try to find my agenda. >> page 5 here we go. >> 4. okay. thank you very much >> the next business is regular agenda item 4a election of chair and vice chair. >> thank you ver

>> tuesday, january 21, 2014, and i'll call the meeting to order this is the community investment & infrastructure commission. madam secretary please call the roll >> commissioner ellington. commissioner mondejar. commissioner singh is absent commissioner rosales. commissioner johnson and commissioner singh is absent and all other members are present. a the next regularly scheduled meeting is on february - announcement for the electronic devices please advised that the electronic devices are prohibited at this meeting and the chair may order the removal of people who use electronic devices p. c announcement of the time for the announcement a member may make up to 3 minutes announcement. it is strong low recommended that members of the public who wish to address the commission submit a card to the commission secretary. the next item of business is the previous closed session meeting if any. the next order of business is the unfinished business we have no items. the next item 5 the matters of new business content and regular agenda. item 5 a approval of minutes december 17, 2013, >> thank you, very

tiffany bowhe with the community investment infrastructure. today we share a vision and values. mixed income community at the epicenter of the most vibrant real estate downtown market in america sharing common area green spaces and amenities. thank you mayor lee for your leadership, your support and clear directive of your administration to stand firm and work tirelessly to provide the highest and best use for these public land parcels. your commitment to affordable housing and authentic mixed income communities is laudable and will help ensure that san francisco remains a vibrant city. thank you supervisor kim for asking the tough questions, for delving into the details to make sure the public interest is being served. your creativity, collaborative spirit and leadership boed well for the audience to ensure housing development. thank you for the gallup family, jean, lee and mike newman, you were willing to embark in a process in late 2010 and 2011 and your equity partners willingness when the economy was still wavering back then and for recognizing the vision and values of san

thanks to everyone >> tuesday, january 21, 2014, and i'll call the meeting to order this is the community investment & infrastructure commission. madam secretary please call the roll >> commissioner ellington. commissioner mondejar. commissioner singh is absent commissioner rosales. commissioner johnson and commissioner singh is absent and all other members are present. a the next regularly scheduled meeting is on february - announcement for the electronic devices please advised that the electronic devices are o

project is one of three major projects, major approved projects [speaker not understood] the office of community investment and infrastructure is undertaking. it spans both the shipyard proper and the [speaker not understood] bayview for a total of 7 88 acres along the southeastern water froth of san francisco. the shipyard program includes over 12,000 homes, 32% of which will be affordable, a rebill of alice griffith public housing development. 3,000 square feet of research space, 350 acres of new and improved parks and all this will be developed over two phases by the lennar corporation under a first phase it what approved in 2003 under a disposition and development agreement. and second dda in 2010. this will produce thousands and thousands of jobs and 12,000 permanent jobs over the course of the project along with significant infrastructure both community facilities and transit and other types of infrastructure. and as you know, the [speaker not understood] development broke ground this year in july. one of the principal agreements and the first obligations underpinning the shipyard project is the conv

. ♪ >> tuesday, january 21, 2014, and i'll call the meeting to order this is the community investmentrastructure commission. madam secretary please call the roll >> commissioner ellington. commissioner mondejar. commissioner singh is absent commissioner rosales. mm

there are no politicians all from the business community the investment community arts but to a number of them yesterday. it would have to be said that amongst all of delegates here is where the most enthusiasm is one of the sessions is cold out the bricks is their mid life crisis. i was saying in the case of china. note that all the good of many of them often. but what they thought should be out of pasta place of reforms with different ideas all of them but us but to feel very optimistic about the of the next few years ahead. thank you very much indeed are crisp on the jet boston and doubles. former british prime minister attended black has been a frequent guest at the davos forum. it's easy to cough is in nineteen ninety seven. we sat down with the west needed to get his expectations for dc as the facts. for tony blair this year's world economic forum isn't just about the world economy it'll be interesting here is to get a sense of where the world economy's getting it on to the west of the times in europe. now we are starting to look forward to better times. the streets of the americ

in our treatment so we can afford $2 billion in the community and having jobs and having people participate and invest and doing a construction assistance center in the community and working on the migration in the community so we're going to try to do our besto to make that community engage in the community. i can indefinitely talk to you off lion. as people indicated we haven't did you live much but they all talk about for example, robert woods came up and talked about

in our treatment so we can afford $2 billion in the community and having jobs and having people participate and invest and doing a construction assistance center in the community and working on the migration in the community so we're going to try to do our besto to make that community engage in the community. i can indefinitely talk to you off lion. as people indicated we haven't did you live much but they all talk about for example, robert woods came up and talked about we participated in the ged program for uscf so there's a lot of things we do. one of the things we need to do is bring visibility of all the things we do in the community and a 11 people getting a ged means nothing. when my parents were here we had 11 in the community and now we're down to 4. when you put those types of programs in place it means nothing. i'm not trying to disrespect people but can you stop funding programs that are ineffective and i you talk about keating e keeping the digesters in the community how about allowing people to live in the community that's why we left. i feel that the hearts have been harden and no one i

thousand and fourteen politically the thing that we're going to need to watch is whether the international community invests the development effort people as well as money as well as projects in afghanistan over that ten years or not because if they don't afghanistan is going to continue by dint of its economics and its political problems that come to be a problem. cannot richard williams unfortunately it would have to leave it that it has cannot richard williams a former commander of the special air service thank you very much and you very much . the host city of the twenty fourteen winter games sancerre has launched their largest security operation in olympic history tens of thousands of police officers have been drafted in what they saw a more warning of any threat and to keeping locals and visitors and athletes safe. now weapons. the twenty second olympic winter games in two thousand and fourteen i wore the to defeat be of sochi i as soon as russia's black sea resort was awarded the game seven years ago. as a question the choice of host city such as close proximity to the volatile caucasus region was th

ut but the international community investing so much in the independent process and independence of the state everybody tried to put positive gloss on it, overlooking veras developmental and conflict challenges that were not addressed as well as questions of accountability and corruption has just been enormous the last few years. >> is this really an ethnic problem or something sfells >> certainly an ethnic connection that cannot be denied, but more profoundly political crisis. government that was elected in rather imperfect elections in 2011 glossed over. not bonn to the polls since. we had the president in august of 2013 fire most of his government, including the vice president ending any prospect of power sharing. and massive corruption by the government's own 0 admission in the last few years, $4 billion and probably more went missing from just 75 government officials. there's massive corruption, lack of service delivery and increasingly a dictatorial slant to the government. >> so did the u.s. and e.u. which did so much to support the process leading to independence ignore these wa

if the sheriff and elected officials worked diligently with the community to invest time, energy, and money into these resources that truly prevent people from being in here, we wouldn't be faced with this in the first place. i also want to note that jail is not a conducive learning environment no matter how expansive the programs may be and no matter how nice the facilities may be. it's also very contradictory and practical to be offering the state-of-the-art programs so people in the grips of poverty. after we've turned them away from the family, after we put them in the violent process of being incarcerated and ripping them of any job opportunity anyway. i think that in the time it would take to build another jail, we could -- i think it is the sheriff's job to work in line with the judicial system on bail and sentencing reform as well as reassess the criminal confinement of people in poverty. our community knows what it means and we do not need another jail. (applause) >> thank you. next speaker. >>> hello, my name is norm miska. i'd like to thank most people who have spoken alrea

speaker: the clerk: item 26: cohen26.130741[appointments, workforce investment community advisory committee - douglas parrish and dion jay brookter]motion appointing doug parrish, term ending february 19, 2015, and dion jay brookter, term ending february 19, 2014, residency requirement waived, to the workforce investment community advisory committee. clerk of the boardd1234 president david chiu: same house, same call. this motion is approved. next item. speaker: the clerk: item 27: breed27.130910[appointment, soma community stabilization fund community advisory committee - john elberling]motion appointing john elberling, term ending april 27, 2014, to the soma community stabilization fund community advisory committee. clerk of the boardd12341234 president david chiu: same house same call. this motion is approved. next item. speaker: the clerk: item 28: 28.131103[appointment, child care planning advisory council - deepa mehta]motion appointing deepa mehta, term ending march 19, 2016, to the child care planning and advisory council, residency requirement waived. clerk of the boardd12341234 pr

the commission on community investment has approved plans for lenar to rebuild the alice griffith publicousing project and in a connected move has given could be september ual approval to a 1.1-million square foot commercial development on the land where the stadium sits now. >>> 9er wants to want to visit candlestick park are paying for a tour of the stadium. it gives chance a look behind the chance and a chance to walk on the -- behind the field and a chance to walk on the field. if the 9ers beat the panthers this week and the new orleans win in seattle, a game could be played there. to see the game this sunday, tune in here. 8:30 a.m. is the pregame followed by fox sports coverage and then the game ticks off at 10:00 followed by "the point after". >>> three new players elected to the baseball hall of fame, including a former member of the oakland as. >>> stocks mixed as investors adjust the minutes of the federal reserve's december policy meeting just released. u.s. businesses added the most jobs in a year in december and shares rose after allen malally said he would not leave to run

done some real research and some anecdotal research about how these communities grow, the entrepreneurial community and then the investment dollars that follow them. where else are we seeing hubs develop? >> this is where the future is. we talk about knowledge workers versus manufacturing. when you think about places that have caught people's imagination, it is not surprising that you hear about austin, texas. chicago has done a lot in that arena. really cool incubator they're called 1871. i found a cool company in columbia, missouri, where the university of missouri is, a moved fromled newsy, the west coast, venture backed, and sold. >> you have to have cheap enough rent for founders and koch to bers -- entrepreneurs they geturvive before their angel money, but you also need access to capital. the crucial element. especially angel financing. financing. what of the interesting things in this study was the number of angel deals in the bay area was actually down. that is in part because deals are starting to get very expensive. talent can go anywhere. technology makes it possible to start a company anywhere, but no small up

communicate that. to the extent you are discounting and your margins are lower or maybe not lower, that is important from the investment standpoint. did in at what jcpenney their last quarterly earnings, this is why the stock has had issues in the past couple months. they reiterated yesterday their they did notq3, give clarity as to how their resident was going to increase. to the extent that it is a show me story, there was not much to be shown. >> steve, i think of the magazines in 1985, do seasons matter anymore? in the digital world, does the rhythm -- will it sustain, and i shopping for spring right now? >> you were shopping for spring weeks ago. >> the consumer wants wear now. >> digital is now. >> that is not how the luxury sector works. a lot of it is hand manufactured, you order well in advance. the cycle is shortening. you have the impact of fast fashion, h&m. luxury has got to evolve. >> wonderful. >> steve sadove, board member of jcpenney, former chairman of of nationalan retail federation. coming up, talking about the jobs report. ♪ good morning, everyone. "bloomberg surveillance," i am tom keene. jobs day

in term of the work that many institutions have done, have been for years also support by the community investment act. which many of the cities have benefited from. an act that sometimes trap funds in geography where it may be and needed. i think it's important thinking in term of we are the evolution of the interagency discussions how to can happen. the institutions go where and do this sort of investing where it's greatest need not just where there's a regulatory incentive to do it. housing has been a corner stone of our work. secretary donnavan worked enormously together with him. building innovation. it's been one of the things about community development has been silo. institutions sended to work on housing in one area. they might have worked on education in another. they go health care in another approach. it was with community organizations. not necessarily this consultation or align wment mayor officers or the cities themselves. we found ourself e lovelling what we've done in the last few years. from moving only housing for example community care centers and health centers to working in g

community development and to with teeeighteen we're not the largest but the largest provider of affordable housing in the united states what many institutions have done that has ben supported by the community investment act 70 have benefited from but where the ndp is enormous importance as it is that sometimes trapped geography it may well be needed but we cannot go beyond that. figgie in terms of a evolution of the interagency discussion of how that can happen in some institutions go to that investing where it is the greatest need not just the regulatory incentives. but housing has been a cornerstone and secretary donna been reworked enormously together with him and building innovation but one of the things about community development that has been very silent and institutions tended to work and housing, education housing, education, health care and very often and directly with community organizations not necessarily in alignment with the mayors' offices for the cities themselves. we found ourselves evolving a lot of what we have done the last two years and italy from community care centers to working in groups like california to get fresh fruit into many areas or urban areas. or charter school fina

the proper dress. when people are invested in their own countries when they're invested in their own communities when they owned businesses. it incorporates the kind of culture. it means he will not want to bomb the buildings that they don't get a job on something if people feel it they don't have a stake in the communities the long term there's no way that you don't have security because people don't feel invested in so i think that the idea of free market capitalism while before i was a fair aunt doris and easy ideas or kept introduce the people of middle east because i think that's the only way that the guests too invested in their own communities. lompoc plan falling out time for the awesome pietersen the libertarian republican tom kean so much cuter. and the first shipment of chemical weapons material has let syria according to the un the vessel at the northern syrian port of black on it today and was escorted by russian and chinese warships mobile was suppose to take place before december thirty first of last year but the logistics were held up as a result of syria's worsening conflict. the export a

. >> the people that are new to the art investing community run the risk of being taken.nk having someone to work with gives you a security and a crutch. it is a big tough market. >> so you wear a lot of hats. you collect art, you deal art, and you advise on art. are any of those in conflict? >> maybe inner conflict. but if i am working with a client for a client, and i find something for him or her, i offer it to them first. >> are there any mistakes you have made in your collection? >> yes. of course there are plenty i regret. but i keep thinking there is always something ahead. >> i've yet to find an artist i really like, so phyllis adds one more stop to our chelsea tour. this is the pace gallery with an exhibition of the late artist. georges dubuffet. >> i love the color and there is such intensity. >> i would like to move to the smaller works. look how we they project from 50 feet away. >> they jump off the wall at you. >> i know living with them would be great joy. and their price range is reasonable compared with what we have been looking at. >> what is the price?

and allowing them to use smart phones that are connected no to the system that our attorney general has. we also invested in the community ambassador program to get them trained. those are residents of people that live in the tenderloin south of market in the bay view or vigilance valley they're walking the streets they can be the additional eyes and areas working with our police department having phones that are freely provide bit at&t and he greeting passengers on the muni stops we've had some trouble with. you looked at the data and they've improved drastically so thank you to the ambassadors program. overall our cities crime data is showing we're in the right direction homicides are down over 35 percent and shootings down between 15 and 20 percent. we want to continue that direction as we get towards year-end the police chief and i are making sure this continues. and the shoppers mayor we're going to make sure that everyone has a safe experience. we're going to be an attractive city and a part of the reasons we know we're taking care of crime and the downward trend it there. that doesn't mean everything t is perfect

. >> item 27 is a resolution authorizing the office of community investment and infrastructure, operating as the successor agency to the redevelopment agency, to issue and expend bonds in an aggregate principal amount not to exceed $70,000,000 for the purpose of financing a portion of enforceable obligations in the mission bay south redevelopment project area in the current or future budget years. >> same house same call? this resolution is adopted. [gavel] >> item 28. >> item 28, ordinance accepting an irrevocable offer for a public sidewalk easement on the brighton avenue extension north of ocean avenue and accepting an easement for these purposes; accepting an irrevocable offer for improvements and real property related to lee avenue north of ocean avenue and accepting a grant deed for these purposes; authorizing the conditional acceptance of an irrevocable offer for sidewalk improvements for ocean avenue east of lee avenue; declaring such areas to be open public right-of-way and dedicating them for right-of-way and roadway purposes; accepting maintenance and liability for these areas

to join the nonprofits and to join the communicative base and a developers like urban core and others to get more done. that's what's behind the infrastructure investment a replacement for very development. we weren't going to cry we were going to fight. so we were here two times and many of you recall that rainy day when we green broke ground. we keep he pounding the ground. we came back and said with rooerd townsend we're going to do something else we're going to build the big picture. we announced the community trust fund for 1 and a half billion dollars to use that money to replace the projects so we full those other promises we made. and this is what's behind the mary helene rogers site. it fulfills a promise we wouldn't have poverty housing in this city to revision public housing. so let's keep working together all the elements that mr. johnson identified we need outline r all those we need urban core and everybody to work across different racial ethic divides. we're not going to end this is about mary helene rogers legacy. i condominium to you this is just another beginning of more projects to come as we bring more people across. this is a city

the students are making 6 figures. there are a lot of great cardboards that people have to invest in the community and i've seen that but again, it will take a look at it this fall and spring and summer >> let me follow-up with sxhoopz comments. i hope you will be able to take a very strong interest in trying to see what those measurements will be and asking it to be done so when we ask those same questions not have you necessary but to any one heroes the measurement and help us accessing assess. that will be important for us as we

the communications industry. the rapid emergence of new and innovative technologies has fostered to increase investment throughout the industry in the development of a vibrant, competitive communications marketplace. as we move into the future it is important to examine the communications act to ensure that our public policy continues to encourage this kind of growth and innovation that is essential to fuelling our economy. reforms to current law should reflect the technology we enjoy today and be able to adopt to the technology of tomorrow, without further government intervention. our efforts should be dedicated to ensure that the laws governing the communications marketplace do not stifle current and future investment, innovation, economic growth, and consumer choice in this dynamic and converging digital age of communications. i look forward to the testimony from our witnesses today, and again mr. chairman i thank you very much for holding this hearing. >> thank the gentleman for his comments. now turn to the gentle lady from california, the ranking member of the subcommittee for her opening comments. >> thank