Points. The nasdaq declined. 77 largely because of apple, more on that later. Now, i am not dismissive of the negativity that see pretty much everywhere. Weve got a couple of real solid reasons to feel totally downbeat. First, i cant believe were still focusing on this washington thing. For five years weve had to keep one eye on washington, one eye on wall street. I remember whole tenyear stretches i didnt care what was happening down there. At the moment, we can barely focus on anything but washington. The whole u. S. Economy, your entire portfolio is hostage to two warring parties, demonstrating a level of partisanship thats been empirically measured to being the worst since 1860, the origins of the civil war. Lets hope it doesnt take out that particular benchmark. Were witnessing a titanic struggle between those who are willing to rise above politics, and compromise to cut spending and increase taxes. Yes, thats the actual compromise radical middle position as dave cote from honeywe
Developments. Most current is the transbay project where the t dr facilitated maximumizing the project. We see about one hundred foot for the marketplace. Its one hundred thousand its variable based on the market kindly but that gives a sense of traction load out in the community thank you. Sure. I was mentioning the proceeds theyre required to go back into the donor site it has intoxicate a restoration or other project its very clear what the project is that goes to the part of the certification 0 process. As you know, we anticipate budget challenges as were dealing with the rising cost market and the unforeseen conditions that are typical on any Historic Preservation but to an extreme discovery. So therefore it was felt this would be an ideal property to kick start our foyer into the project. We know we have a project and a budget challenge this is an opportunity to secure revenue on a prosperity. We know were not going to change in terms of whats on that site. So or so evasion effor
Recess from our regularly skerltd meeting. Congratulations to carmen chewing. Madam clerk well continue with the agenda. Item 4 is the resolution establishing the appropriation for the 2013 and 14 fiscal year good morning, madam chair and mercedes benz. This is an annual resolution this is posed before the board of supervisors for approval setting our appropriations limit based on the state constitution. The limit is adjusted on a cost of living and other things. The controller calculated it for the maximum limit is 4. 28 builds and our calculations is resourcefully 2. 7 billion so were under the limits. We typically bring this resolution to the board when we set our tax rate and this year its detailed but were still within the book ends of the state requirement to approve that resolution. We recommended you approve it colleagues, any questions. Mr. Rose can we go to our report, please. Police vehicle prohibition we recommend approval. Colleagues if theres no other questions well open
Recommendation were comfortable with it. Okay. If no other questions well move mr. Rose to our report and break after this item. Mr. Chair and members of the committee on the bottom of the page we report that the number of t dr traktsdz cant be specified. To sell 1 hundred 1 million square feet cant be estimated. In addition the 1 million square feet plus cant be determined therefore the timing of the t dr procedures to be realized cant be calculated at this time. On page 10 of the report the net procedures of up to 1 million square feet plus would be used psychologically for the memorial complex but that is subject to the approval of the board of supervisors. So our recommendation 0 a thats been stated here today obtain page 11 of the report we recommend you amended the proposed so the 12krishgd property will be submitted to the board of supervisors and immediately upon reaching the sales of 50 million square feet to adjust the sales price and a recommend you accept the proposed remed
January 14, 2014, good afternoon, welcome to the San Francisco board of supervisors meeting of tuesday, january 14, 2014. Madam clerk please call the roll. The clerk yes, mr. President. Supervisor avalos, present, breed, present, campos present, chiu present, supervisor cohen, present, farrell present, supervisor kim, kim absent. Mar absent. Tang present, wiener present, supervisor yee. Present. Mr. President , you have a quorum. Thank you ladies and gentlemen. Please join us in the pledge of allegiance. Pledge of allegiance. President david chiu colleagues we have our december 10, 2013, Board Meeting minutes. Motioned by breed and campos. Those minutes are approved. Madam clerk, do we have any communications . There are no communications today, mr. President. Can you read our special order. The first item is the policy discussion by mayor edwin lee. Sfitem 140022 [formal policy discussions january 14, 2014] pursuant to charter, sections 2. 103 and 3. 100077, and administrative code, s