Those are leading the gains today and recovering at the peak now 35 or so40 , from those record highs. David now we have an announcement that the fed is including their money Market Facility to include muni debt. Taylor this is interesting. There was a lot of talk on there. The muni market in general is much more illiquid than the rest of the market. Not surprising to see that in a week like we just had, with stress showing up even more and more. Muni traders continue to say there are some shortterm issues , but theres a lot of issues going on on the long end. I believe in previous laws, the fed could buy these up to six months. This expands it to longer dated maturities. We are getting a lot of that illiquidity on the tens and on that yield curve. Also, they had record outflows, according to as of yesterday. I would imagine this gives a little bit of some confidence to some money market facilities to also include muni debt. David what about all this talk about bailouts . There are neg
Good afternoon and welcome to the land use and Transportation Committee of the San Francisco board of supervisors for today, monday, february 24, im the chair of the committee, aaron peskin joined to my right by vicechair safai and to my left by supervisor dean preston. Our clerk is ms. Erica major. Ms. Major, do you have any announcements . Yes, please make sure to silence all cell phones and electronic devices. Completed speaker cards and copies of any documents should be submitted to the clerk. Items will appear on the march 3 board of supervisors agenda unless otherwise stated. Thank you. Can you please read the first item . Item 1 is a resolution authorizing assets from the office of Community Investment and infrastructure to the city and county of San Francisco. Placing parcels under jurisdiction of public works and Mayors Office of housing and Community Development and adopting appropriate findings. Thank you, ms. Major. As you will remember, for many decades in San Francisco, w
Of the right of way. So to take it a little bit further, once they accept, once public works accepts these as public rights of way, the assessment of 4,000 will go away . Not quite. Its a twostep process. But in essence you are correct. The first step would be for the city to accept these parcels from ocii but in doing so, they would still remain a private parcel in public ownership. D. P. W. Would have to take the second step and incorporate, merge these two lots into the right of way. And at that point, what you said is true, it would no longer be subject to the assessment. Do we know how long that process takes and whether public works has that on their list of things to do . Weve had discussions with public works. It is my belief that the first they are aware of this fact, and second it is my belief they plan to incorporate this into the right of way once accepted. There is a little bit of a technical issue, because streets and sidewalks have to be have to meet certain specificatio
Would like to adjourn this evenings meeting in honor of the two firefighters that were killed in the line of duty. They were captain ramon and firefighter patrik jones. So moved, madame chair. Thank you. Second. And all in favor of adjournment . Aye. We are adjourned. Thank you all very much. [please stand by] good afternoon and welcome to the land use and Transportation Committee of the San Francisco board of supervisors for today, monday, february 24, im the chair of the committee, aaron peskin joined to my right by vicechair safai and to my left by supervisor dean preston. Our clerk is ms. Erica major. Ms. Major, do you have any announcements . Yes, please make sure to silence all cell phones and electronic devices. Completed speaker cards and copies of any documents should be submitted to the clerk. Items will appear on the march 3 board of supervisors agenda unless otherwise stated. Thank you. Can you please read the first item . Item 1 is a resolution authorizing assets from the
Test of these taking back power from the executive branch is often a challenge that requires overriding a president ial veto which is increasingly difficult. A return to normal appropriations, increase in legislative oversight, particularly by a spending authority, an earmark reform that both returns the practice while strengthening its integrity requires no president ial signoff. In fact each step rests solely within the purview of congress and it would allow legislators to increase capacity, better represent their constituents, uphold their oath and recommit to the spirit and letter of article i of the constitution. Thank you for your time. Thank you. Were going to head into questions. Im going to yield my time to representative scanlan. I know you have another hearing to get to. Thank you so much, i appreciate it. And thank you, chairman kilmer and vice chair graves for holding this hearing. Weve had a number of hearings talking about kind of the Practical Impact of issues so its re