[meeting adjourned] just a little pack of pad located at the bottom of russian hill, the secret garden with an intimate and captivating appeal. Carefully tucked away, at the bottom of lumbar street, the park makes the top of our list for the most intimate picnic setting. Avoid all tourist cars by hopping on the cable car. Or the 30, 45, 41 or 91 bus. This is the place to tell someone Something Special or the place to declare to friends and family the commitment you two share. Reservations are available with rec and park for this adorable good afternoon everybody and welcome to the San Francisco board of supervisors meeting for tuesday, july 12. 2016. Mdm. Clerk please call the roll. Supervisor avalos be present breed, present. Campos, present. Cohen, present. Farrell, present. Kim, present. Mar not present peskin, present. Tang, present. Weiner, present. Yee, present. You have a quorum thank you. Ladies and gentlemen please join us for the pledge of allegiance. [pleage of allegiance] t
Academy of Television Arts and sciences and at 90 hes still a consultant. Thanks to roddie for saving us. And thank you. God bless america. [ applause ] all i can say is i want to look like these guys when im 90. Im very honored to call upon american pastor chris edmonds, son of the late Master Sergeant Roddie Edmonds, righteous among the nations from the United States of america to receive the medal and certificate of honor on behalf of his father and to offer some remarks. [ applause ] lester, you did good. Thank you. Ambassador dermer, mr. President , might i say its an incredible honor to have you here. This is one memory that our family will cherish always. And might also say its my first time speaking at the embassy as well. [ laughter ] [ applause ] rabbi lau, mr. Wiff, senator corker, the gunden family, im going to mess this up, im from tennessee. The be say it for me. There we go. Ill get it right next time. And distinguished guests. Tonight on this noble occasion my moer mary
The Small Business commission to establish a legacy business registry, authorize an administrative fee for the registry not to exceed 50, and, for the next five years, provide a rebate to qualified legacy businesses that purchase the Real Property from which they operate and to qualified landlords that purchase the Real Property from which legacy businesses operate if the purchaser extends the term of the legacy businesss lease by at least ten years, in an amount equal to the transfer tax levied on the purchase. Okay, thank you, this item is sponsored by supervisor campos and so we will turn it over to him. Thank you, for your cosponsor ship as well and this is an item that we have been working on to address a very real issue that many long time San Francisco businesses that have been in business for decades in San Francisco, what we are calling legacy businesses, are pacing a lot of challenge, and being able to stay in San Francisco. And there are models in other parts of the world wh
And a half percent of revenues, and for the schedule, and pretty existing policy to increase by an additional 2. 5 percent over the next fiscal years and reaching a cap of two percent of fiscal year, 1617, while the general reserve is a reserve that covers losses that occur in a single fiscal year, stabilization reserves are intended to really help the city through the economic cycles and we have two of these, and former supervisor tom amiano proposed and adopted a rainy day reserve for the city in 2004. And that gets fed with extraordinary Revenue Growth during the good times and gets drawn on when the revenues decline, and then five years ago we established a secondary stabilization reserve that compliments that which we called, very cleverry the Budget Stabilization reserve. Those two reserves together, get fed during good times and get drawn down by the city to mitigate the cuts in bad times, our current balance between the two reserves, given our audited financial close for the la
Valet parking stations to insure the Consumer Protection and maximize tax receipts, any questions . I want to say thank you for bringing this forward and like forward for more of this stuff to come. Thank you. We will open it for Public Comment. Anybody wish to comment on item five . You wish to comment . You can come to the podium . inaudible okay, thank you very much, any other member of the public wish to comment on this item . Okay, Public Comment is closed, motion to send this item forward . Great presentation and i move this item forward. Without objection . Okay. Madam clerk, could you call item number six . Ordinance amending the administrative code to revise the binding financial policy under charter, section 9. 120, regarding a general reserve and required funding levels, and to update provisions regarding the rainy day reserve fund. Okay, thank you, we have rosa field our controller to speak on this item and we want to thank him and his entire staff for all of their hard wor