Anxiety and depression. To nasa astronauts arrive at the International Space station the 1st manned mission by a private company. After a 4th bunch of protests in the u. S. Sometimes peaceful sometimes violent state and local officials speaking out to try to calm residents what started this anger over the death of a black man in Police Custody has widened into a nationwide outrage over systemic racism just over an hour ago the governor of minnesota the state where george floyd died accepted that the system didnt always work for people of color. We dont just right near the top on Educational Attainment we rank near the top on personal incomes on homeownership on life expectancies things that make this and one that came out a while back we we rank 2nd in a survey of the 50 states 2nd in happiness behind hawaii but if you take a deeper look and peel it back which this week has peeled back all of those statistics are true if youre white if youre not we rank near the bottom and what this we
Can continue to use it. When you approved it at the time it was [inaudible] but since that time the board approved the document that had a section called appendix a that talks about the city financing process, the government structure, budget process, property taxation, expenditures, laborer relations as well as will Employment Benefits and retirement costs so what were doing now sup dating that to reflect the changes in terms of the citys Financial Condition as well as approving the hearing that is required under federal law for this type of transaction. It allows by approving this youre facilitating the Tax Exemption and certificate of participation. When you approved the transaction last time it approved a public hearing that occurred in april 2012. Since then we had another hearing because it expired due to the lag of when it was approved and now issuing a year later we were required to have the hearing which we did hold in april 28, 2013 so by approving this youre approving the pu
Okay. Much appreciated. We dont have a budget Analyst Report so we will move to Public Comment. No Public Comment so its closed. Colleagues, can i have a motion to approve these items . Mr. Chairman i believe there is a need to amend the title. Okay. Actually chairman farrell can i ask a question . Please supervisor mar. I know in my conversations with the city administrator there have been discussions whether this project move forward like a private Public Partnership like dial drive project and other approaches and i am wonderings if you could talk about that. [inaudible] construction project by the federal highway bridge program. Just to speak to the amendment to the title of the item as well. The original title to the item cited a project combined value for the project of just over 50 million. That was referencing the peak annual reimbursement under underneath the construction moa and not the aggregate for the moa and for the rightofway and the combined value as presented in the am
Francisco once the terminal of certificate is ended. With that i am happy to answer any questions. We know the commercial paper thank you to the board for extending that and increasing the amount. Its good to have that opportunity so that key with continue to lead on the project. Thank you. Colleagues any questions . We dont have a budget Analyst Report for either item . [inaudible] from the port. Do you want to come up and speak . You have been waiting here. Good afternoon supervisors. Elaine from the port. We are appreciative that the city agreed to use this with the project and we we the city has a higher Credit Rating and this say win for us and we are thankful and you previously approved the issuance and as described this is the documents and et cetera to allow for the sale of the projects to take out the commercial paper. Great thank you. We will continue working on that rating improvements on our end. Colleagues any other questions . Seeing none Public Comment is closed. Anybody
Challenging and complicated identifying reliable sources to provide age parts for the aging fleet and we have been negatively impacted to provide parts on a timely basis. The contract before you today, the vendor pilot is an initiative to have a supply chain for parts and supplies and cost parts on a cost efficient basis. The pilot is modeled after the contracts with the administration for the purchase of Office Supplies like through office depot or staple and it is purchases for Public Health for hospitals and clinics. Currently it takes 80 days on average to get materials and parts and the vendor must achieve a 80 fill rate and all other parts within 30 days and would result in the liquidated damages of thousand dollars a day. Beyond the benefits of a reliable supplier of parts and there is additional cost savings in parts and we dont need to stock pile parts like previously. [inaudible] during the course of the pilot. Overall we anticipate cost savings in addition to supply chain ef