Thank you. Mdm. Clerk any communications . Yes that were in receipt of the communication by mayor ed wu lee march 11 26 in communicating his beat out of file number 15 1257 the Transportation Sustainability fee for nonresidential projects. Supervisor john avalos has requested the scheduling of the veto override at the next possible date so supervisor avalos theyll be on march 22 agenda. Peter thank you. Colleagues, either any changes to the feathery 9th 2016 regular Board Meeting minutes . Seeing none, is their motion to approve those minutes . Moved and seconded. Collies can we take those Meeting Minutes without objection . Without objection those minutes will pass after Public Comments. [gavel] madam clerk, please read the Consent Agenda items one through 7 are on consent is considered routine. Whenever the object server and item that considered separately seen no names on the roster, adam clark please call the roll on items 17 supervisor avalos aye, breed aye, campos aye, cohen aye,
Be present, kim not present, mar, not present, peskin, present. , tang, present. Wiener, present. , yee, present. You have a quorum ladies and gentlemen these join us for the pledge of allegiance. [pleage of allegiance] mdm. Clerk any communications . None to report any changes to the federal 2nd 2016 whether Board Meeting minutes . Seeing none, is their motion to approve those minutes . Moved and seconded. 20 past can we take that without objection . Without objection the can we take that without objection . Without objection the motion passes. Can we take that without objection . Without objection the motion passes. Was Meeting Minutes will pass after Public Comment unanimously. [gavel] let them cook please call the next item todays special order at to copy him is the appearance by our hon. Mayor edwin lee. There be no questions omitted from the eligible districts the mayor may address the board for up to 5 min. Welcome to the chamber mr. Mayor. You have the floor. Good afternoon sup
Item that considered separately seen no names on the roster, adam clark please call the roll on items 17 supervisor avalos aye, breed aye, campos aye, cohen aye, farrell aye, the camp absent among mar aye, the peskin aye, tang aye, wiener aye, yee aye there are 10 aye these items are fat pass any adopted unanimously [gavel] madam clerk, please will to item number 8 item 8 resolution to approve the agreement doing business as San Francisco auto return for towing storage and disposal of abandon and illegally parked vehicles burn amount not to exceed 65. 4 million to march 31, 2021 with the option to extend for up to 5 additional years. To approve a license proportion of the premises at 2650 bayshore blvd. And longterm vehicle storage and auction facility for fiveyear term in a fiveyear option. Supervisor avalos thank you. Colleagues, im still waiting to hear back from the mta whether they went down this or not get a believe we can actually be referred this to later in the agenda. That we
Going set close to 12 percent there is a couple of things currency is worth about 4 hundred plus returns we didnt get we heckled back the exposure it would have add 4 hundred base points over the years now currencies are all over the place we united continue in the future the other thing the comparison of international versus the us is apples to apples it is e m so you can see the new developers developed a bit closer the u. S. And this comment was made we meeting met with the ceo from black box the the financial crisis so go into the remaining nonu. S. Development world was further behind when you got to 2011 youre looking at the u. S. Economy or the u. S. Capital market was lagging behind so we were prime to take off and in my opinion that is the excess return the other they know we did this is something that bill spearheaded they meet to discuss whether or not there are opportunities from a version to take advantage of this market and whether or not it make sense to europe allocatio
Directors new and old business. No hands waving, next item. Item 5 is Public Comment which is an opportunity for member s of the public to address the board on matters that are not on todays calendar and we have mr. Robert, followed by mr. Finebaum mr. Robert . Good morning, my name is Steve Roberts and im a member of the Rail Passenger association of california, a Public Transportation advocacy group. I thank you for the opportunity to address you this morning. Because of the benefits of reduced automobile usage, fully leveraging caltrains electrification project which thereby will increase caltrain ridership and its revenue performance and financial performance, also reducing Green House Gas misses, facilitating transitoriented development, the extension of Caltrain Service to transbay terminal is one of our associations key priorities. Any actions that delay this vital project and snarl it in endless planning reduce its Operational Flexibility or capacity are of a concern to our ass