Insights, and we cant resist this graphic the title wilfs world was to offset bank stories from me . I dont know. Were rivet by what you may have for us you wait. You really will be big stories. Anyway, we begin with snap falling to the initial Public Offering price, 17. Bob is at snaps close here on the floor of the New York Stock Exchange hello, bob take a look here we bounced two hours ago snap hit 17, right now, 17. 20. Public offering was covered, i was here for that at 17 march 2nd, high as 29 the next day, but started dropping, and when we got its first as a Public Company own may 10th, disappointing user metrics, disappoints growth metrics, stog stocks down here why is that important . Waiting for the tech unicorns to go public, and when you got one of these that is at 17 at its price, thats not a good sign. Thats a value conscious right nowing and with high price tech ipos waiting to go public, thats a problem now, weve had them go before their ipo price before, and you know w
Opposed . We are now in executive session. Session . Madam secretary. All right. I move to revine in open session. Second. All in favor say aye. Aye. Opposed . Next item madam secretary. Pledge of allegiance. I would like to disclose that in close session on february 14, 2017 the Port Commission meeting the commission unanimously approved the appointment of cathy pouchony as the Deputy Director and finance and administration and i would like to disclose anything ulc discussed. Thank you. Second. Second. All in favor say aye. Aye. Opposed . Next item madam secretary. Pledge of allegiance. I pledge allegiance to the flag to the United States of america and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Please be advice the cell phones and sound producing Electronic Devices are prohibited at the meeting. Please be advised that the chair can remove anyone for the ringing of and use of cell phones, pagers and similar sound producing
Madam secretary. Roll call. Commissioner willie adams. Here. Kimberly brandon. Here. Leslie katz. Here. Motion for approval of the minutes for february 28. All in favor say aye. Aye. Opposed . Item 3 comment on executive session. Is there any Public Comment on executive session and Public Comment is closed. Madam secretary. Item 4 executive session. Move that we go into executive session. Session. All in favor say aye. Aye. Opposed . We are now in executive session. Session . Madam secretary. All right. I move to revine in open session. Second. All in favor say aye. Aye. Opposed . Next item madam secretary. Pledge of allegiance. I would like to disclose that in close session on february 14, 2017 the Port Commission meeting the commission unanimously approved the appointment of cathy pouchony as the Deputy Director and finance and administration and i would like to disclose anything ulc discussed. Thank you. Second. Second. All in favor say aye. Aye. Opposed . Next item madam secretary.
Discussions with the port as well as the Contract Monitoring Division and share the reporting and forest city is already doing for itself to monitor its own performance and share that with the port as well. Great. How are you doing so far . Well, that is for construction level so we dont have that for the predevelopment but we have the lbe goal for the phase one which we exceeded every quarter thus far and doing good on that utilization for the eir phase as we call it. Great thank you. Of course. To jack, david, kelly and the port staff and a special thank you and i know director forbes and you kim and had to get involved and probably have to stay involved but jack i was knowing about and i came on the Commission Six years ago and me and commissioner katz came out and you gave us a tour around the dark buildings and Walking Around and this vision you were laying out to us and i am really so glad its starting to really come into fruition but the Community Outreach jack that you guys hav
Discussions with the port as well as the Contract Monitoring Division and share the reporting and forest city is already doing for itself to monitor its own performance and share that with the port as well. Great. How are you doing so far . Well, that is for construction level so we dont have that for the predevelopment but we have the lbe goal for the phase one which we exceeded every quarter thus far and doing good on that utilization for the eir phase as we call it. Great thank you. Of course. To jack, david, kelly and the port staff and a special thank you and i know director forbes and you kim and had to get involved and probably have to stay involved but jack i was knowing about and i came on the Commission Six years ago and me and commissioner katz came out and you gave us a tour around the dark buildings and Walking Around and this vision you were laying out to us and i am really so glad its starting to really come into fruition but the Community Outreach jack that you guys hav