Small and mediumsized businesses that were in sound Financial Condition before the virus impact of the economy we will hear from the head of the fed in boston and banking and business leaders. Will come tog order. This is a hybrid hearing meaning some of our commissioners are appearing in person and witnesses will testify remotely. Let me offer a few Video Conferencing reminders. Before you start speaking there will be a slight delay before you are displayed on the screen. Click the mute button until your turn to speak or to ask a question. If there is a technology issue, well move to the next speaker until it is resolved. You should all have one box on your screens labeled clock to show you how much time is remaining. Congressional Oversight Commission pursuant to section 4020 of title 4, subtitle of the cares act, the Commission Must conduct oversight of the 500 billion authorized for the Exchange Stabilization fund. As a part of our oversight work, the commission has decided to hold
Commission has decided to order ourselves alphabetically. With that welcome to this virtual hearing convened by the Congressional Oversight Commission pursuant to section 4020 of title 4, subtitle of the cares act, the Commission Must conduct oversight of the 500 billion authorized for the Exchange Stabilization fund. As part of our oversight work, the commission has decided to hold this hearing today which will exam examine the main Street Lending facilities. The Federal Reserve established the main Street Programs to support small and immediate you yumsized business answer Nonprofit Organization that is were in found sentence condition before the onset of the covid19 pandemic. The program operates through five facilities which we will learn more about this morning. The programs being administered by the Federal Reserve bank of boston todays hearing will have two panels. President eric rosengry. N, Federal Reserve bank of boston will testify during the first panel. Second panel will i
Public comments are available on each item on the agenda channel 26 and sfgovtv are streaming the number on the screen. Each speaker is allowed two minutes. Opportunity goes to speak during the Public Comment are available by calling 4156550001. 146 3191053 then pound pound. You will hear the meeting discussions you will be muted. When your item comes up dial star 3. Call from quiet location and speak clearly and slowly and turndown your television or radio. The budget and finance committee. Email will be forwarded to supervisors and included as part of the official file. Items acted upon today will appear on the agenda february 2 unless otherwise stated. Thank you, mr. Chair. Thank you. Today we have a full budget and finance committee agenda. Thank you for being brief. Please call items 1, 2, 3 together. 1. Authorizing the Mayors Office of housing and committee to Submit Application to the allocation committee. 2 residential Revenue Bonds in paamount not to exceed 90 million for 1151
Committee meetings. Going forward Public Comment will be taken in person with Remote Access only provided for those who require ada accommodation. Public comment will be taken on each item. When your item comes up and Public Comment is called, please line along the curtain to your right, my left. You may submit Public Comment in writing email to myself, the Budget Finance Committee clerk at brent. Julipa sfgov. Org. If you submit via email it will be forwarded to the supervisors and part of the file. You may also send to city hall, 1 dr. Carlton b goodlett place, room 44, San Francisco california 94102. For those in attenance during the meeting please make sure silence cell phones and Electronic Devices and should you have documents to be included as part of the file should be submitted to myself the clerk. Items acted upon today are expected to appear on the board of supervisor agenda of october 31, unless otherwise stated. Thank you. Before we call the items and go forward with the a
Aye. The minutes are approves. Call the Consent Agenda items 59. Item 59 the Consent Agenda. Staff is in the planning on to present on these but available for questions. Thank you. Is there a motion to approve the Consent Agenda. Moved by melgar and seconded by walton we can take that same house same call without objection the motion passes. Madam clerk, item 10. Item 10 San Francisco Municipal Transportation Agency fleet electrification update report this is an information item. And we have bonnie gene von crow. Sfmta building Progress Public Affairs manager. Such a title. Good morning. Im bonnie von crow, Public Affairs manager im theme proviedz an update on the paratransit electrification process. Our paratransit fleet is a van and taxi program. For people with disabilities that are unable to take our muni service. Unlike municipal theruns on fixed routes paratransit is a door to door program. We have been provideing for 40 plus years last year served approximately 500,000 trips per