twitter and it's wynn. wynn, we know what the story is. we've talked about it. it's macaw. i think what's interesting is people are trying to buy call because they want to participate to the up side. both of those names, twitter and wynn sought more than twice as many calls as puts straight today. >> maybe we're making too much about how concerned investors are. gold had the first weekly loss in a long time. the market is as bad as it felt day to day, the markets fell flat. >> the fair point is the market isn't off of highs. it's not like we see indications of absolute chaos. the valuation is above its 50-year average for the s&p trading 16.4 times earnings. it isn't as if everybody is getting that. >> i think it's also fair to say coming into 2014 there was a massive level of complacency. risk assets were not priced for volatility. when we're having volatility, when you said the s&p closed flat, the vix didn't. you're seeing a lot of single stock volatility. people are shooting first, asking questions later. we saw numerous examples of down 10% moves on earnings disappoint

. >> wynns. >> aye. >> fewer. yes. >> could i have a motion and a second on the ratification of agreements between the san francisco unified school district and charter schools and operational memo of understanding. >> so moved. >> second. >> so i think that we have a reading of the recommendation by the superintendent or mr. michael davis? >> thank you, the subject is ratification of agreement between the san francisco unified school district charter schools operational memo of understanding, in the action i need to make a slight correction in the second line where it says and facilities use agreements fua that should not be there. and you actually ratified those and september 24, of 2013. so the requested action is that the board of education of san francisco unified school district ratify the memo of understanding for the 2013, 14, school year, negotiated with the charter schools by the superintendent or his designee as set forth below. >> the schools are city arts and technology high school, creative arts char

>> i just want to concur with what commissioner wynns said and thanks the charter schools for engaging in the dialogue with us on this issue. and i don't feel like we have resolved it, but i feel like we have engaged in a productive dialogue and so i do appreciate that and i intend to support the mlu. >> yes. >> commissioner murase? >> i just want to for the listening public, clarify what that issue is, we had one charter school propose an earlier enrollment schedule, beginning in the fall, rather than the traditional schedule that traditional schools follow where there is an enrollment deadline at the end of january. and it just raises a lot of issues in terms of access issues, and equity, and do families, having enough information to make shir enrollment request in the fall verses the end of january? and are we privileging some families over others that may have access to information about those enrollment deadlines and so i think that it does raise serious issues that might colleagues and i have expressed. and so we look forward to a constructed dialogue with the charter schools ass

and commissioner wynns? is there something to add? >> i have a couple of other things. the one is the first part of this, the analysis of the budget, i do think that it is important and we need to find a way and i don't know if we want to do it at the rules committee and we talked about the overlap between the rules and the budget committee on state budget matters but we really need to develop a position for the district, on the safe budget and i would so i am not going to bring up the specifics just that we need to do that and hopefully we will find the time to do that. and this is the good news about the lcap just for the information because i brought it up at the budget committee and this accounting board and we are responsible for reviewing the lcaps for the charter schools and that is a new role but just, so we don't have to totally freak out. we have we don't have to do that this year that is not enough next year. so we will have a lot of time to learn about our own process before we have to do that. thank you. >> again we have conferred with the county and we are

murase. >> yes. >> norton. >> aye. >> wynns. >> aye. >> fewer. yes. >> no one has signed up to public comment any other business? and i now adjourn the meeting and resume the regular board meeting of the board of education, and informational items i will announce the sunshining of the following proposals. 2013, 14, reopener initial proposal from the san francisco unified school district to united administrators of san francisco. 2013, 14, reopener initial proposal from united administrators of san francisco to the san francisco unified school district. 2013, 14, initial proposal from the san francisco unified school district to the international union of operating engineers local 39. >> 2013, 2014, initial proposal from the international union of operating engineers, local 39 to the san francisco unified school district 2013, 14, reopener of proposal from the sheet metal worker's union, local 104 to the san franciscoen i identified school district. 2014, reopener initial proposal from the san francisco unified school district to the following com

. >> miss wynns? >> aye. >> and miss fewer? >> yes. >> six ayes. >> okay. >> could i have a motion and a second on the second reading adoption by the board of education of the san francisco unified school district and the san francisco county office of education of the ccss implementation funds spending plan? >> so moved. >> second. >> we have a report from the budget committee meeting? >> thank you. >> so, you all received the materials from the budget committee, and we had a very interesting budget committee meeting and in the folders, too was the material for this item. and so, the real question, i mean that there are a lot of questions, but the real question is this enough money and it isn't enough money. but the staff plan the budget committee i think, judged to be a wise and investment of these funds for professional development and for technology for the most part, i just really wanted to complete that report on this item by pointing out that the bells are ringing. oh, but that, one of the main issues of discussion in th

. >> and wynns. >> fewer. >> here. >> thank you. >> mr. superintendent, is there a staff report of a status of projects? >> yes i believe that joe grazioli is here? >> if there is a staff report and projects that would be great if there is not, it is not necessary to vote or to have that before we vote. >> there is no report tonight. >> thank you. >> could i have a motion and a second on at proval of the prior board meetings of february 12, 2013. >> so moved. >> second. >> roll call vote? >> haney? >> yes. >> maufas. >> yes. >> m*lds mcdonald. >> dr. murase. >> aye. >> norton. >> yes. >> wynns? >> aye. >> and miss fewer? >> yes. >> that is 6 ayes. >> could i have a motion and a second please on the appointment or rotation of new officers? >> so moved. >> second. >> okay, so let me name the officers. sandra lee fewer as president of the financing corporation, dr. emily murase is vice president of the financing corporation, former president, norton is secretary treasurer. >> mr. haney? >> yes. >> maufas? >> yes. >> dr. murase. >> yes. >> nor

according to witnesses, sam freeman and laura wynn argued on the night of her murder.in a game of pool. afterwards, freeman had a few more drinks and asked the bartender if he could have the empty galliano bottle for his collection. at 10:45 the bartender announced that it was the last call for drinks because the bar was closing at 11:00 p.m. according to witnesses, that's when sam freeman left the bar with the galliano bottle since he knew laura would have to leave at closing time. laura lived only a short distance from the bar. when she got home around 11:15, prosecutors believed that it was freeman who forced her inside and struck her in the head with the galliano bottle. he then took her into the bedroom, assaulted her, then strangled her to death with her own stocking. the evidence suggests he used a tissue to blow his nose, but left it near laura's body. he then stole some items and fled. that was the prosecution theory, anyway. the problem was they had little in the way of forensic evidence. >> i'm a worrier. everybody that knows me will tell you i worry about e

. >> wynns. here. >> and fewer. >> here. >> logan. >> here. >> please join me in the pledge of allegiance. >> now we are voting on the regular meeting minutes of january 28, 2014, may i hear a motion and a second from the minutes from that january 28, 2014. >> so moved. >> adoption of the minutes. >> thank you. >> any corrections? >> roll call, vote, please? >> thank you. >> mr. logan? >> yes. >> mr. haney? >> yes. >> maufas, mendoza murase? >> aye. >> norton. >> aye. >> wynns? >> yes. >> fewer, yes. >> five b, presentations to the board of education, supervisor carranza? >> thank you, president fewer, good everyone no one and thank you for being here and tuning in this evening even though we have received quite a bit of rain we are well aware of the drought in our state and the drought that we are experiencing throughout california. and what that means to us in the months ahead, is that we need to conserve. and what you may not know is that since 2008, we in san francisco unified school district

commissioner -- wynns? speaker: i want to ask about the findings. >> when you have as many sites as you have. >> i think you understand why we might be concerned because we had these findings for a number of years and they it turned out it was really and the explanation was it was a hard program to get at what you are saying now, it's complex and we have a lot of sites, it's hard to do. it didn't seem like it might be that bad and when we found out how bad it was, we were legitimately concerned. do you have a way of telling us what you think of the scope of this is? >> do you mean district wide? >> no. i don't mean district wide. is that some of doing a terrible job of signing in and signing out, is it a lot of students or is it just getting from the pretty good up to what we would want? >> there is some sites where it's spot on. there are other sites where students sign in and don't sign out. the level of documentation that supports the level of elements is not always there. so the past find ings were much

enough for wynn to announce huge expansion plans. it was supposed to be the poster boy for shorting china and instead it was the poster boy for the longs thanks to the chinese gamblers. wynn had to jump large guide up, gigantic expansion plans and a chart that looked like it was about to roll over big time. every box had to be checked an it was. yep, it was almost as if ceo steve wynn looked at everything that can make a stock go higher and nailed each one. which is how he ended up gaffing the bears with the machete. or take facebook. what did they do with that quarter? how about substantially beating earnings, substantially beating sales estimates, guiding well beyond levels thought possible. and explaining there's accelerating revenue growth to come, that both advertisers and users love. plus, facebook is one of the companies that fits my holy trinity of tech taken from "get rich carefully," dominating mobile, social and cloud. and it's looping in connectivity too. i think the stock still has much further to run. google's no differ

commissioner wynns. president fewer. 7 i's. thank you kevin. (laughter) >> >> i think we owe you dinner or something thank you very much. okay item q for an audience the superintendents reading from held over and this is a recommendation from the board of education policy 610.56 on physical exemptions to clarify the conditions and requirements do i have a motion and second to authorization to grant alternative or to deny the life grant charter school >> second. this will be referred to the budget and curriculum committee >> your dedicated. >> oh, hi, keri. motion and second in support of naming the library. so moved. we're going to refer that to billings and ground we have a public speaker and you're from the liquify i didn't >> we're still here. >> hello. thank you very much. hi. i am terry the principal of the life academy where we've been now for 15 years. i'm excited we've been there and thank you very much for considering our renewal of our charter school. we've done amazing things and i feel like we continue to do amazing things we'll be

commissioner norton and then commissioner wynns. >> thank you. i just want to thank you for the presentation. i mean a lot of this information i'm aware of but to see it all collected like this is really, really helpful and partly just to help you dispel that kind of disconception that we have tons of empty properties lying around the city so i really thank you for that. i guess i want to explore a little bit the seventh and loton discussion a little bit moamplt i think i heard you just say to supervisor kim that site could accommodate -- did you say hundreds of units of housing? >> seventh and loton. >> [inaudible] >> oh the sota site. >> [inaudible] >> i think seventh and loton actually could accommodate -- >> about 120. okay. >> yes. >> and i mean i know when this comes up we sort of talk about the neighborhood opposition to this, but it does seem like given -- i mean what is happening in the city right now and just the that there does seem to be so much agreement on the need to build more housing whether it's market rate, affordable -- a mix.

. >> commissioner wynns. >> thank you. thank you mr. golden. first of all i think it kind of goes without saying but we should make sure all of the members of the board of education get a copy of this as well as maybe on the website or just as part of our public outreach. there are a lot of people interested in this subject so i think this very cogent and clear summarizing visual presentation would be helpful to us in our -- and maybe we make sure that all of the members of the grand juries opine -- no, i thank you for the work that has been done. i think actually one of the most interesting things is to see the status of things that were on our surplus property list because as mr. golden said the process is so long and complex and somber some we need to do that to have the discussion, have things on the surplus property list and go through the committee process, et cetera, et cetera, and even at at time at slow to no growth in our population to see just within a few years the educational uses of these properties should give us pause to think a

. >> commissioner wynns? >> thank you, i want to first announce that the budget committee will meet next wednesday on february 5th in this room at 7:00 and second to acknowledge that there were at the last meeting we talked about the state board of education meeting coming up a few days after that and i was there testifying and i was wanting to sta say the board of education voted. i wanted to say this was a fantastic turnout by school board members and administrators from around the state. there were 370 speakers at the state board of education including the governor who showed up unexpectedly. that was a really, of that probably 300 of them were board members and superintendants and other administrators. it was quite a remarkable thing. this past weekend at the csba board of directors meeting thanked everybody but also said we know who are the leaders of the education in the state. even though they are all over the states. my thanks and admiration to all the board members and administrators who came to test

how can wynn tell us they are expanding like mad when there is actual weakness. i like wynn. i can't back away from it here. the stock dropped a quick four bucks. how about the sudden drop off in the 3d printing stocks, what darlings they were. when 3d systems, the dean of the group announced a short fall, sure, the analysts put a terrific spin on it, like they could cut and run, and sales are strong. the company has to spend more. that's all? wait a second, i thought the opportunity was so big that these companies were having trouble answering all their incoming calls for machines. not that marketing needs to be stepped up. the ceo pipes in on the release, quote, we are willing to tolerate the earnings reduction and even slight gross profit margin compression to substantially accelerate our growth rate and market share, end quote, but are the momentum oriented shareholders willing to do so? arguably not or the stock wouldn't be down 11 points at a time that indicates very little pain toleration if you ask me. then twitter reports tonight, darn thing screams up 10% on terrifi

commissioner wynns? >> thank you, i would like to thank you for the questions and answers that were raised. my question about the increase in in instructional time with ms. flemming and we'll figure out where we can have that discussion on an on going way, unrelated to this plan but for the future in a more appropriate setting like curriculum committee or whatever we decide would be appropriate. i want to thank you for the answers and the staff responses. >> commissioners, any other comments, questions before we have the vote? yes. deputy superintendant? speaker: i would like to thank the commissioners for the feedback and input. hopefully the changes the staff was able to incorporate reflected those documents. >> now that i would like to pick out one item is the funds we have allocated because the way the student formula to address the state budget shortfall. i think it's time that we look at this reserve and whether or not we should be transferring that to the general fund. one, it skips the oversight

. >> commissioner wynns? >> it's not a capacity where every student will be taking it at the same time? >> that is correct. we do not have sufficient devices for students to take it at the same time. >> the assessment is not designed for every student to take it at the same time. we'll of course be interested and want to know how well we are doing, but there are many other school districts that think they are going to be way behind us. that where they are going to use the large testing window because their electronic capacity is very small compared to their student capacity. >> i was wondering what support the english language students will have because it's a big shift for a lot of students. >> that was my question. that is a good one. >> so i believe probably louis valentineo can answer that question. >> just to reiterate house does the s back accommodate for our english learners and i would extend that category to our students with disabilities. >> so certainly with the online testing, it does open up actu

arizona state profez or, clive wynn is one such researcher. it is important not to cob fuse their skills and sensitivity with intelligence. >> they bring to our households an exceptionally emotional engage. and that gets them in the door, and once they are in the door, we notice other things we can do with them. i don't believe that dogs are exceptionally intelligent. >> that can make for aukward conversations at the dog run. >> nobody wants to be told that their child is stupid, but if you tell someone their dog is stupid, they don't mind so much, they want to be told they are sweet. >> reporter: when my dog sits at my feet gazes up into my eyes i see a lot of complexity there. >> i think the dog is studying you, because you are everything to your dog. there is nothing your dog can get that it needs without progressing through you. it has to negotiate access to everything with you. so sure, it is staring at you, because it really needs to no, what is he thinking? what is going on here? >> what are you saying is the dog has this very small bra

motion and i want to recognize that we have supervisor farrell as well as president fewer, commissioner wynns and commissioner norton and happy new and it's great to be here and i am looking forward to chairing the process again this year. madam clerk can you call the first item. >> thank you. this is a hearing on the unified school district surplus property portfolio and sponsored by you. >> thank you madam clerk. so this say hearing that our office had last year working with commissioner mendoza and i worked on many years ago at the board of education when we examined the list of surplus property from the school district and started to look at what are ways that we could utilize district district property in a way that benefits the school district. we had a achievement a couple of months ago. i know the commissioners worked on a resolution which included a swap with the city and county of san francisco to build affordable housing on 1950 mission as well as 1101 connecticut. am i getting that address correct? for sf hope strategy in exchange for the parking lot site on 555 franklin and the s

commissioner wynns? >> thank you. i actually also really understood what you were getting to buy -- by reading the paper and looking at this. i think it's accessible to us therefore probably everyone. however i have some questions about the sequence. so one of my -- i'm sort of presuming from looking at this that nobody takes calculus without taking app calculus anymore. is that true? >> that app calculus block is in there as an illustrative block. it could be a concurrent enrollment course where it would be a calculus course at college. >> i know but do we teach calculus that is not app calculus? >> certain schools could. we are not precluding that course. >> are we doing it now? >> good evening commissioners. yes we have schools that are offering that. >> certainly mr. sanders and you heard me say this. one of our concerns is that we think too many kids are taking too many app classes. the fact that we propose this sequence if you take math in your senior year we are telling you to take an app class. it seems to me

>> sure commissioner wynns. >> i wanted to see and i see mr. armtrout is here and i don't know when the appropriate time is but to have a hearing on the after school -- >> yes. >> after school coordination program pending. >> supervisor farrell did call for this hearing i believe in november. at the beginning of november i planned to agendize this in february. supervisor farrell if you have any additional comments but we will make sure that dcyf as well as the school district is there. i am assuming that supervisor farrell's office will be organizing the series of presentations along with you because i know commissioner wynns you also sponsored the same resolution at the school district and looking forward to that as well so if we can have a motion to continue the item to the call of the chair i will make sure that we have another presentation from the city's perspective and what is happening with the developer's perspective and also the city's perspective as well and i think it's good to have a 101 in how affordable housing gets built and ther

. >> wynns. here. >> and fewer. >> here. >> logan. >> here. >>

farrell's office will be organizing the series of presentations along with you because i know commissioner wynns you also sponsored the same resolution at the school district and looking forward to that as well so if we can have a motion to continue the item to the call of the chair i will make sure that we have another presentation from the city's perspective and what is happening with the developer's perspective and also the city's perspective as well and i think it's good to have a 101 in how affordable housing gets built and there are complications at the federal and state level around the ami and commissioner fewer brought up and we get 60% subsidies for that and our first year teachers and families are under that it excludes a number of sfusd professionals and how do we build at that rate and leverage the dollars and i think in santa clara they issued certificates and they controlled who lives there and we can't do with federal or state dollars for affordable housing but it's an interesting and important conversation so if there are no further comments i will -- >> [inaudible] >> we have a

>> commissioner wynns? >> as for all the kids offtrack, do you have data that mernls -- merges all the information. they have other date of courses too. what i want to know is do we have somewhere that tells us here is where we were last spring, here is where we are now with those same students. i appreciate the grand alar information about program and it's effectiveness, but i want to know generally is how are we doing in the percentage of kids that are on track towards graduation from all the programs. is that going to be at the end of this presentation or are they all just separate? >> they are all separate but we can provide you with that. >> okay. thank you. because we won't have one way of knowing to use the horrible term that we now have to get used to. they are not unduplicated students so someone didn't take a course or online. you will be able to do that, but you don't have it today? >> we can provide you that data. >> okay. >> moving forward through the public education enrichment fund that was g

clive wynne is one such researcher. says it's important to not confuse their sensitivity with intelligence. >> that gets them in the door and once they're in the door we notice other things we can do with them. although i love dogs, i think i'm clear eyed with dog intelligence. i don't believe dogs are exceptionally intelligent. >> that could make for awkward conversations at the dog run. >> that's interesting. nobody wants to say that their child is stupid. but for dogs, they want to be told their dog is sweet. >> the emotional connection is so strong. when my dog sits on at my feet and gazes up into my eyes, i see a lot of complexity. it seems you do not. >> the dog is studying you, because you are everything to your dog. there is nothing your dog can get that it needs without progressing through you. it has to negotiate access to everything with you. and so sure, it's staring at you because it really needs to know, what is he planning to do? what's he thinking, what's going on here? you are everything. >> what you're

motion and i want to recognize that we have supervisor farrell as well as president fewer, commissioner wynns and commissioner norton and happy new and it's great to be here and i am looking forward to chairing the process again this year. madam clerk can you call the first item. >> thank you. this is a hearing on the unified school district surplus property portfolio and sponsored by you. >> thank you madam clerk. so this say hearing that