Now im going to turn it over to my colleague. My name is darten eto and i lead the Innovation Team at sfmta. So to complement the division one amendments that kate just mentioned, for your consideration today are changes to division two of the transportation code. The first is to define what we mean by the shared Mobility Device Service. So these are not meant to that definition is not meant to cover personally owned devices or devices that are used by an individual. Rather, theyre shared and used in the public space, either stored or operated. Our general definition is that its a mobility device or group of devices that are capable of carrying ten or more people separately or together. We were looking at something that wasnt just the number of devices but potential impact it can have based on the size or the ability to carry people. The second part is the establishment of the proof of concept authorization. So while the division one changes would create the prohibition on operating wi
Cover personally owned devices or devices that are used by an individual. Rather, theyre shared and used in the public space, either stored or operated. Our general definition is that its a mobility device or group of devices that are capable of carrying ten or more people separately or together. We were looking at something that wasnt just the number of devices but potential impact it can have based on the size or the ability to carry people. The second part is the establishment of the proof of concept authorization. So while the division one changes would create the prohibition on operating without a permit or approval by the city, the proof of concept authorization would provide the clear path for a company to work with the city. Within the transportation code, it would describe the basic requirements, the requirement for an application, a testing plan, the ability to require fees for both application and, if approved, for the Ongoing Administration of the program. Finally, it would
Mean by the shared Mobility Device Service. So these are not meant to that definition is not meant to cover personally owned devices or devices that are used by an individual. Rather, theyre shared and used in the public space, either stored or operated. Our general definition is that its a mobility device or group of devices that are capable of carrying ten or more people separately or together. We were looking at something that wasnt just the number of devices but potential impact it can have based on the size or the ability to carry people. The second part is the establishment of the proof of concept authorization. So while the division one changes would create the prohibition on operating without a permit or approval by the city, the proof of concept authorization would provide the clear path for a company to work with the city. Within the transportation code, it would describe the basic requirements, the requirement for an application, a testing plan, the ability to require fees f
Individual. Rather, theyre shared and used in the public space, either stored or operated. Our general definition is that its a mobility device or group of devices that are capable of carrying ten or more people separately or together. We were looking at something that wasnt just the number of devices but potential impact it can have based on the size or the ability to carry people. The second part is the establishment of the proof of concept authorization. So while the division one changes would create the prohibition on operating without a permit or approval by the city, the proof of concept authorization would provide the clear path for a company to work with the city. Within the transportation code, it would describe the basic requirements, the requirement for an application, a testing plan, the ability to require fees for both application and, if approved, for the Ongoing Administration of the program. Finally, it would establish fines and authorize the agency to terminate if the
Longtermtors a probably just happy to move on. It was the second worst month of the year for the markets. Volatility came roaring back. Trade tensions and recession signals from the bond market headline the period, and after four weeks of big ups and downs, inblstors today were to catch their breath a bit as we head into thehe holiday weekend. He dow rose 41 points today to ose at 26,403. The nasdaq was down 10. For the month, all of the major averages were lower. L what w september bring . Mike santoli starts us off tonight from the new york stock exchange. Ug the month oft has lived up to its reputation for volatility, and now comes september, which has similarly tended to be a challenging month over the 90 years september has been the weakest month for stock market turns, but the s p 500 down slightly more than half of all years and the average return from all years a negative 1 . This certainly implies seasonal portions present a headwind for a market that pulled back from the late