Happy monday. Im melissa lee. The dow was down about 184 points at session lows. The nasdaq has turned positive thanks to strength from biotech names like regeneron. The worst performing sector, down by half a percent. Well have much more on the bank selloff straight ahead. Here is what else is happening this hour. Some news you heard exclusively here on cnbc, sources telling us bill gross has settle his lawsuit against his former employer pimco between 75 million and 100 million. The number around 81 million. Gross filed the original 200 million lawsuit back in 2015. His dismissal from pimco was a breach of contract. Amtrak derailment with no injuries reported. The investigation is widening into the terror attack in london. Uk police say there is no evidence the attacker discussed his plans with anyone else or any other group. Melissa . We have a very busy two hours ahead. We kick things off in washington where the Trump Administration is trying to turn the page following last weeks f
Neighbors [inaudible] were killed by the San Francisco Police Department and there is no transparency in the investigation and no accountability chblt the race ist Text Messages are not just words, they led to death. 71 percent of the Police Killing since 1985 were people of color. With gentfurcation in San Francisco, San Francisco is now the second city with the largest gap between rich and poor and i think ground zeery is my neighborhood, theimation. Im afraid the increased Police Presence is more police hurassing more people and especially youth of color. We need fewer people thip jails mpt i agree with everything about restoreative justice and transformativegisting and communeky service and people getting out of the jail. Ime a nurse so see things through the lens of a community and of people. I only see increased Police Presence as being detrimental to the helt of both individuals and the community and San Francisco. Thank you. Thank you very much. Next speaker, please hello my na
To bring ultimatum up you, if you will. Incentivize. Is only other question i read in the memo my first thinking where the referrals b will come this is not i mean, i see it make sense it comes from is citys Human Services agency and other referral survivors in terms of the occupant. For the 50 units are a number of citywide Access Points i know there are Access Points in the bayview just offhand i know if jeff i have further information where the citywide Access Points are. Yeah. Maybe i could come to the podium. How do folks know go to the Veterans Administration wheres is referring that im for candidates . During the stakeholder meetings we had with the va and is Human Services agency is h s a is going to be is providing is referrals for theyre basically their clients in collaboration with the va so, i mean then for our other 50 family units well implement our typical marketing process well have outreach and do a lottery. Well do that. We would do that. Yeah. Okay. Make sure we have
Permit; right . Uhhuh. What happens they would go through a 60 day they will notice the tenant and the tenant will have 60 days theres a Legal Process by which the tenant will be compensated improperly according to allowing law. Gorth. Yes. Im an expert but the process and path if the permit as immunizing denied and appealed here theres 4 votes to overturn the appeal than the denial is over turned and the appeal is uphold and it starts the eviction process to complete the eviction process. And then so lets turn the table and is that we agree with planning and planning we agree that no permit should be issued youll have a house enencumbered by the tenant theyll preceded to sell the how is it is is a legal or let me unit. They could seek to legalize the unit. So then they can sell it enencumbered by itself legal unit. Or seek legalization. From my point of view thats where we are whether we go with an lets resolve this today so we dont send it back to for the inevitable to happen im spew
Good afternoon and welcome to the lafco im supervisor avalos the chair of logical today is clerk call the announcements please. Yes please be advised the ringing of and use of cell phones planning code are prohibited at this meeting. Thank you. Lets go to the fir item rrlt. On that call of the role supervisor avalos supervisor breed supervisor campos supervisor chius supervisor mar is Alice Griffith absent mr. Chair you have quorum. Approval the lafco minutes regular meeting cultivation have you had a chance to review the minutes questions or comments going on to Public Comment seeing well close picking up Public Comment and rrlt vote. First and second. Motion from commissioner cruz and second by commissioner linda commissioner linda is an additional sxherld and item 3 consideration of the lafco budget for 20152016 thank you we have clerk of board. Good afternoon supervisor avalos and members of the lafco the clerk of board im here today with andy our administration and finance deputy