Aye. Ok. Pledge of allegiance. I pledge of allegiance to the flag, of the United States of america, and to the republic for which it stands, one nation, under god, indivisible with liberty and justice for all. Please be advised that the ringing of and use of cell phones and other Electronic Devices are prohibited at this meeting. Please be advised that the chair may order the removal from the meeting room of any persons responsible for the ringing of or use of a cell phone, pager or other similar soundproducing electronic device. Please be advised that a member of the public has up to three minutes to make pertinent Public Comments on each agenda item unless the Port Commission adopts a shorter period on any item. Item eight, Public Comment on items not listed on the agenda. Is there any Public Comment . Ok. Item nine, executive directors report. Good afternoon, president brandon, Vice President adams, members of the commission, members of the public and port staff. Im Elaine Forbes, t
Aye. Ok. Pledge of allegiance. I pledge of allegiance to the flag, of the United States of america, and to the republic for which it stands, one nation, under god, indivisible with liberty and justice for all. Please be advised that the ringing of and use of cell phones and other Electronic Devices are prohibited at this meeting. Please be advised that the chair may order the removal from the meeting room of any persons responsible for the ringing of or use of a cell phone, pager or other similar soundproducing electronic device. Please be advised that a member of the public has up to three minutes to make pertinent Public Comments on each agenda item unless the Port Commission adopts a shorter period on any item. Item eight, Public Comment on items not listed on the agenda. Is there any Public Comment . Ok. Item nine, executive directors report. Good afternoon, president brandon, Vice President adams, members of the commission, members of the public and port staff. Im Elaine Forbes, t
Business plan is that right now for new facilities, distribution, stuff that we cant fund through Revenue Bonds, we have to pay cash. And so this gives us a vehicle to debt finance using our revenue. And so we are unable to do that on any new facilities. So, that was the thinking of trying to make the power enterprise. We always had the ability for clean power, not cleanpowersf, but clean power, we have that authority already. But as barbara and they have said, we are separating the business units, or we have hechi and we want clean power to stand on its own. So we started having clean power, you know, at a really relied on the power enterprise and initiation or the start, but now we have it where its true and not codependent, so we want to continue that. Right. I understand that. I just was surprised to first learn about the power Revenue Bonds charter amendment, you know, at a board meeting, frankly. This is the first ive had it explained. I approach appreciate it. I have a number of
Someone live another day. I guarantee that. I guarantee that. So move. Second. In all favour . S aye. Opposed . Item three Public Comment and executive session. Any Public Comment . Seeing none. Ok. Executive session. May i have a motion . So move. Second. All in favour . Aye. Great. Executive session with Legal Counsel [inaudible]. I make a motion i move that we not discuss closed session. Second. All in favour . Aye. Ok. Pledge of allegiance. I pledge of allegiance to the flag, of the United States of america, and to the republic for which it stands, one nation, under god, indivisible with liberty and justice for all. Please be advised that the ringing of and use of cell phones and other Electronic Devices are prohibited at this meeting. Please be advised that the chair may order the removal from the meeting room of any persons responsible for the ringing of or use of a cell phone, pager or other similar soundproducing electronic device. Please be advised that a member of the public
There is a diminishing return of these big Monetary Policy moves. It can be counterproductive. They havebelieve that to save even more to compensate for the fact that their savings are declining faster. You are paying to save. U. S. Futures are up. They are seeing it as stimulus. Portfolios get shifted around. You might live more foreign assets you might buy more equities. Bank of japan adopting negative Interest Rates. Coming up, amazon tanking afterhours trading as the retail beast misses on profits and sales. Plus, full steam ahead for microsoft. The Software Giant reported a strong quarter. And the biggest win of the day, facebook stocks surging after reporting a record report. First, to our lead. Amazon delivers its best earnings ever but shares getting slammed in afterhours trading. The company surprised investors who might have been hoping on more profits in the quarter. Shares coming in at 1. Shares of 35. 7 billion, Fourth Quarter sales. But those sales are 22 of the big numbe