21, 2020 special board meeting. Move that we dont disclose. Second. I do not believe theres Public Comment on that piece. All those in favor say aye. For closed session for today, before we go into closed session, is there Public Comment . Seeing no Public Comment, weth. The other Board Members will join us shortly, but i do not want to lose a quorum. We have several action items important action items to hold this afternoon. With that, we need to come out of closed session. So moved. Second. All those in favor . All right. Well start with Public Comment. The general Public Meeting rules apply. Please follow the normal rules that are posted about turning off your cell phone, etc. , etc. Open for Public Comment. My names john stinson. Im a 45year member of our pension fund. There were two things the public Pension Funds have in common. Number one, theyre all underfunded. Number two, one of the reasons why theyre all underfunded is because theyre over diversefied in highrisk investments
Clerk we have a quorum. Okay. First item is we will go into closed session. We need a vote whether to disclose discussion held in closed session on the january 21, 2020 special board meeting. Move that we dont disclose. Second. I do not believe theres Public Comment on that piece. All those in favor say aye. For closed session for today, before we go into closed session, is there Public Comment . Seeing no Public Comment, weth. The other Board Members will join us shortly, but i do not want to lose a quorum. We have several action items important action items to hold this afternoon. With that, we need to come out of closed session. So moved. Second. All those in favor . All right. Well start with Public Comment. The general Public Meeting rules apply. Please follow the normal rules that are posted about turning off your cell phone, etc. , etc. Open for Public Comment. My names john stinson. Im a 45year member of our pension fund. There were two things the public Pension Funds have in c
You have a quorum. Chairman heinicke all right. We have a quorum. Obviously, these are unique times, as we could say. Given the Public Health recommendations issued by the department of Public Health and Governor Newsom and mayor breed have lifted the attendance of Board Members by telephone, directors rubke and torres will be participating by phone at my request. Caroline and others in the room here to assist with our City Attorney deputy City Attorney, susan cleavelandknowles. We will say, at the end, get through this together. I will ask Board Members to mute their phones. It sounds great right now, but if you want to speak, unmute the phones and let us know. For this meeting, we would like public to participate remotely about writing a question and contacting us electronically. Thank you for honoring this request. Going forward, we urge the public to write the board at mtaboard sfmta. Gov or calling 4154464470. That information is also on our website if you need that. We usually as
Mr. President , all members are present. Thank you. I guess this is unusual, but ill say it. Please place your right hand over your heart and would you please join me in reciting the pledge of allegiance. I pledge 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. Thank you. On behalf of the board, i would like to acknowledge that sfgtv record each meeting and make the transcripts available to the public online. Madam clerk, any communications . Yes, mr. President , issue have one. Due to the covid19 and to protect City Employees, Board Members and members of the public, the board legislative chamber is closed for the march 24th, 2020 Board Meeting upon action made bit board of supervisors to conduct their meetings Via Video Conference call remotely. This precaution is taken on the authority conferred b by the governors order. The members will attend meetings through the Vi
Physicians, epidemiologists, and scientists. Its looked at data from wuhan, china, and local data and looking at information thats coming in from new york to provide a number of scenarios to better understand plausible scenarios with regard to where we are headed in the next few weeks and the next few months. The model takes information, again, from all of these sources and then makes certain assumptions that we do not know to be true but are plausible based on other data to understand where we are and where we may be going. The model with regard to new york, thats really based on what new york is experiencing and their specific resource needs right now with regard to ventilators and hospital beds, so that is focused on if and its still plausible, its certainly plausible, San Francisco does not succeed in flattening the curve and gets to a place where new york is. We estimate at this point we would need at least we estimate at least 1500 ventilators in our system and an additional 5,00