Cell phones. Thank you, madam clerk and can you please call the first item. Item no. 1 is ordinance amending the environment code to adjust the incentive in the Solar Energy Incentive program. The author of this item is president london breed, if you would like to make opening comments. Yes, thank you i know we have Laurie Mitchell here who will be making a presentation shortly, but i just wanted to make a few comments about your go Solar Program in the city. Were making a few technical amendments to this program today. Despite the fact that other utilities around the state are ramping down their incentive like the city of palo alto and silicon valley, for example, im happy to see the go Solar Program in the city is still going strong and that we as a city are continuing to invest in incentives like this particular program. We must continue to support Renewable Energy and energyefficient programs so its accessible to everyone. Since the program started in 2007, go solar has helped lowi
Affordable housing is solely used for Affordable Housing needs. Recently here in San Francisco a developer refinanced an Affordable Housing development which was funded with a mix of Public Resources made millions off the transaction and spent the money on dark campaigns here in town and well over 100,000 to candidates and ballot measures and committees over the years. To my this activity is outrageous. There should be never a perception that resources are used for political purposes and thats why i introduced this ordinance. When Affordable Housing Developers Get funds the funds should go to Affordable Housing period. I have no desire to take money back from the developers in San Francisco and i dont want to burden the processes. This ordinance is simple and straightforward and cottifies policy at the Mayors Office of Community Development. Affordable Housing Developers using fund for federal and state sources to fund Affordable Housing and as they repay off or refinance the loans and
By more than expected last week. Separately flipping from july to august. You are seeing green arrows, the dow futures up by 24 points. We did see slight gains like this yesterday when the markets closed. S p futures up by 2. Nasdaq but by 2. 5. If you check things occupy, the nikkei was down. The hang seng up, and shanghai up by 1 . Ahead of that brexit vote, the dax up by 0. 6 . The cac up by. 30. Tesla offering to buy solar city. Tesla would pay 26. 50 to 28. 50 a share. Thats a 25 to 35 premium to tuesdays closing price. Of course, solar citys stock has been down in a very big way this year. Elon musk controls both of those companies. Hes calling this deal a nobrainer that customers could buy an electric car, home battery and solar system all at once. The question is whether it puts too much pressure on tesla assess Balance Sheet. If youre an investor in tesla not youre thrilled. Its all about the battery, and theres a recovering story about two companies controlled by the same per
Next week. Summer is clearing its throat by then. Here is a live look at the bay bridge. A touch of the fog has come across our region. Click clearing on the fog yesterday. There comes the fog overnight and it will repeat that clearing process again fairly rapidly. As far as temperatures we are in the 50s about everywhere. Santa rosa at 54, we can shave off a few degrees just before sunrise so this is not set in stone. Oakland up to about 60 at 8 am and noon reaching around 70 and 73 by 2 00. Here is the warmup off to the Central Valley that is where the numbers will be baking. A little relief for the east bay shoreline and warming from yesterday. The weekend looks like warming up a bit for saturday, a slight break on sunday before a big spike next week. Here is the next eight hours. About 78 for the inland regions, further inland the temperatures will spike again. First look at traffic. Lets head over to the bay bridge. The ride into San Francisco is looking good. A live look at traff
The driver arrested after fleeing the scene and could be charged with murder. Outrage grows. More anger over a former Stanford University athlete who was sentenced to just six months in jail after he was convicted of sexual assault. Now more than half a Million People have signed a petition to have the judge in that case removed. This morning, the prosecutor speaks out to nbc news. And mother of the year. A woman fights valiantly to prevent her 13yearold daughter from being abducted inside a florida store. How her relentless struggle saved her daughter and put the suspect behind bars today, wednesday, june 8th, 2016. Announcer from nbc news, this is today with matt lauer and savannah guthrie, live from studio 1a in rockefeller plaza. And good morning, evne wednesday morning. Well show you more of that video of that incredible mom in just a second. But we have a lot of politics to talk about this morning. I dont know whether we should say it was a late night or it was an early morning.