Thank you, chairwoman brown. I now recognize mr. Gardner, you may proceed. Mr. Gardner thank you, chairman lipinsk lipinski, the Ranking Member, and thank you for the opportunity to testify today Service Transportation boards key role in enabling amtrak to effectively serve the nation. Strongly support the s. T. B. Needs ieve the board updated authority for Passenger Rail so we can achieve the ontime evels and erformance your constituents deserve. Ongress took amtrak on for the job. Common carrier obligations for assengers and the associated operating losses for passenger service, the freights agreed to whereverrak to operate and whenever it wanted over their lives. Trains with trak dispatching preference over freight and to empower what is the s. T. B. To ensure amtraks access to the rail network. 50 years since the Freight Railroads agreed eagerly to this bargain and yet many of our host railroads fall short in ulfilling some of these key obligation obligations. Mr. Gardner, if youll
[gavel] good morning, everyone, the meeting will come to order. This is the february 12th, 2020, regular meeting of the budget and finance committee. I am sandra lee fewer, chair of the budget and finance committee. Im joined by supervisors walton. I would like to thank those from s. F. Gov. Tv for broadcasting this. Madam clerk, do you have any announcements . Clerk yes. Please silence all Electronic Devices. And speaker cards and documents should be submitted to the clerk. Items acted upon today will appear on the february 25th board of supervisors agenda unless otherwise stated. Chairwoman thank you very much. I apologie apologize for being. Can you call item number one. Clerk item on one to increase the contract amount by 5. 9 million not to exceed an amount of 15. 8 million, with no change to the Contract Term to commence upon board approval. Chairwoman thank you very much. We have Cathy Widener here from the San Francisco airport. Good morning chair fewer, Cathy Widener with the
Everybody mingles. It is not necessarily the dorian. I cant control across the street what happens in the door doorways. What we are trying to do is we are a neighborhood bar trying to additional element to it to bring in more people, to bring in more people to the neighborhood to have the neighborhood people join us more often, add another experience to it. We dont want to do crazy bands to 4 00 a. M. We have another nightclub. We are not that. We are a restaurant with a jazz band on thursday night during happy hour, not doing craziness. That is not our plan. Other than that, we are just trying to support the neighborhood and move forward. Anyone here to testify in support of the project sponsor . Come on up. Thanks for listening to me. I am liz miller speaking on behalf of myself as neighborhood of the dorian. We are a Neighborhood Organization in support of housing, transit and strong local businesses. I have a personal connection. I have been a patron of live music for my life and
I wanted to call your attention to something that is important that i feel needs to be on your radar scope. This is a Programming Allocation Committee report from the metropolitan Transportation Association committee. We asked for 400 million to proceed with the d. T. X. We got and received zero. I presume this will be approved. The question is, why . It says here two large projects, the d. T. X. And dumbarton real corridor werent approved and the projects were not named in the framework as earlier projects were in their developing stage. Why are we in the Development Stage . We are in the Development Stage because of this nonsense coming off of the metropolitan transportation that San Francisco Transportation Committee of this loan. We are not we have not been able to finish the engineering, in my opinion, to complete this job to apply for these funds, to move this thing along. Here is a calendar for this year we have wasted it. We have 50,000 writers who want to get to downtown San F
1. 5 . L one down the fed being a little bit harder on the credit card side of things. Guy we are waiting for that g20 meeting. We will be keeping in of it we will be keeping an eye on things in turkey, were president erdogan lost that Mayoral Election. Bond proxy stocks continue their incredible round. The dollar is down versus the euro. We hear from powell again tomorrow. Bid, 1406nues to be where we are now trading. Vonnie bitcoin above 11,000 right now, making a comeback it seems. Ins get more on the markets general, including how geopolitics are playing in todays trade. We are joined by ab emerging multiasset portfolio manager. Fedt the change in the tone has certainly supported risk assets more broadly. I think this is probably going to be a more constructive week going forward, but i think after the g20 meeting, it is more likely that people will be reminded we are in a slow growth, high volatility environment, so strategy set emphasize Risk Management and income are more likely