One of the programs i was charged with was the city i. D. Program and when that was passed in 2008 and launched in 2009, one of the benefits of the city i. D. Program was so that someone could get a government issued i. D. And use that as a primary source of identification to open an account. Unfortunately, that hasnt happened. Its something i think we need to take a look at when youre looking at a municipal bank, to fold in the city i. D. Program because its a vital to the residents of San Francisco. I want to make sure thats not overlooked. Thank you for bringing that to our attention. They can support our residents that are not comfortable given the circumstances we have right now. So, yes, thank you. Supervisor cohen supervisor fewer. Supervisor fewer so thank you, id like to introduce fred brousseau. He works closely with my office as he and the staff worked on the update to the 2011 banking report. Im going to provide a summary of our report to supervisor fewer on options of comm
Im going to provide a summary of our report to supervisor fewer on options of community banking. At the moment though, the slides are not appearing. I wonder if i might get assistance. Do you have a printed copy . I do and actually here we go. We can do it the oldfashioned way. Here we go. Thank you. My apologies for the delay. This was the report that we issued in december to supervisor fewer. It was update to 2011 report we had prepared for supervisor avalos, it covered some of the same topics, but it is different that we tried to focus on specific steps needed to be taken to establish a public bank. What weve done is provided an outline of the steps. There is obviously many more questions that would be need to be resolved to pursue that. So ill just start briefly with options for the city. There are commercial banks, thats what were using now. Theyre for Profit Institutions and theyre organized to provide a return to their private investors. Thats their primarily goal to maximize th
Good afternoon it the one p. M. This is the meeting on the San Francisco Community Investment Infrastructure Commission to the redevelopment agree for monday, august 4, 2015, welcome madam secretary call the first item the first order of business is item one roll call. Commissioners,. Please respond when your name is called commissioner mondejar commissioner singh is absent commissioner bustos madam chair rosales commissioner singh absent and all the other members are present the next order of business is item 2 announcements a the next regularly scheduled meeting of august 18th will be held at one p. M. At city hall in room 416 b announcements of the prohibitions of the sound providing phones, please be advised that the chair may order the removal from the meeting room meeting room responsible for the ringing or use of a cell phone, pager, or other similar soundproducing Electronic Devices. C announcement of time allocate for please be advised a members of the public has up to 3 minut
San Francisco Community Investment Infrastructure commission to the redevelopment agree for monday, august 4, 2015, welcome madam secretary call the first item the first order of business is item one roll call. Commissioners,. Please respond when your name is called commissioner mondejar commissioner singh is absent commissioner bustos madam chair rosales commissioner singh absent and all the other members are present the next order of business is item 2 announcements a the next regularly scheduled meeting of august 18th will be held at one p. M. At city hall in room 416 b announcements of the prohibitions of the sound providing phones, please be advised that the chair may order the removal from the meeting room meeting room responsible for the ringing or use of a cell phone, pager, or other similar soundproducing electronic devices. C announcement of time allocate for please be advised a members of the public has up to 3 minutes unless the commission adapts a shorter period on any ite
Investment Infrastructure Commission to the redevelopment agree for monday, august 4, 2015 welcome madam secretary call the first item the first order of business is item one roll call. Commissioners,. Please respond when your name is called commissioner mondejar commissioner singh is absent commissioner bustos madam chair rosales commissioner singh absent and all the other members are present the next order of business is item 2 announcements a the next regularly scheduled meeting of august 18th will be held at one p. M. At city hall in room 416 b announcements of the prohibitions of the sound providing phones please be advised that the chair may order the removal from the meeting room meeting room responsible for the ringing or use of a cell phone, pager, or other similar soundproducing electronic devices. C announcement of time allocate for please be advised a members of the public has up to 3 minutes unless the commission adapts a shorter period on any item is it so strongly recomm