Minutes. All righty so we shall convene the Board Meeting all right. Thank you all for coming mr. Clerk would i like to call roll please. Commissioner cohen will be joining us later commissioner meiberger commissioner bridges commissioner driscoll commissioner makras commissioner paskinjordan i believe is here commissioner stansbury a quorum is present thank you well start with the announcement first of all, we will go into closed session be our first item for the day any members of the public here okay. Good on the ground well go into Public Session after the closed session any members of the public will be letting you know well go into closed session so the chair will entertain a motion to go into closed session commissioner confirm Public Comment. With any members of the public like to comment to into closed session to discuss the matters hearing none. Public comment is closed. A vote is not required okay. So well go into executive sessions any members of the public your excused we
I believe is here commissioner stansbury a quorum is present thank you well start with the announcement first of all, we will go into closed session be our first item for the day any members of the public here okay. Good on the ground well go into Public Session after the closed session any members of the public will be letting you know well go into closed session so the chair will entertain a motion to go into closed session commissioner confirm Public Comment. With any members of the public like to comment to into closed session to discuss the matters hearing none. Public comment is closed. A vote is not required okay. So well go into executive sessions any members of the public your excused we will reconvene what w when were done if youre session. Okay good afternoon, Everyone Welcome back mr. Clerk can you tell me what item. On item 4 general Public Comment oh, yes general Public Comment how could i forgot mr. Roth man, i have a card for you were going to go into general Public Com
Within that time period. Where as San Franciscos popules is increasing at a high rate with projections over 1 million resident in future years and all those residents need open space sw recreation opportunities. Therefore, be it resolved the coalition for San Francisco neighborhoods opposes any use the palace of fine arts that is not for the primary use of use for arts, education, cultural or recreation purposes and activity as opposed the use of for profit lodging components. I have a copy of the resolution. Thank you. If anyone else would like to speak under general Public Comment. I know there is a gentlemen who is about to step in who would like to address the commissioners. Wanted to say i have never really testified before you but before i say anything else i want to thank you for helping me raise two daughters in San Francisco and say that from the bottom of my heart. Im here to again to speak for them as a soccer dad. My name is [inaudible] as i told you before. I help start a
Dragged down by the casino stocks. The shanghai composite up 5. 7 . Up by. 7 . Korean one and aussie dollar also with earlier losses. It does leave the government 70 target it does leave the government 7 target within reach now. David has been sifting through the numbers. 7 id we are growing below for china, that is the Third Quarter number. 6. 9 year to date, a little bit below the 7 growth target. Given the measures they have put seem they areoes confident they can meet their target. Just to put this into context, 6. 9 , it was 6. 8 was the estimate. If you look at how large the economy is, that translates to 110 billion in additional output. It is a fairly big amount of output. This is more interesting services clearly the biggest portion of output for the first nine months of the year when you look at the primary industries, everything from agriculture. You can see that on your screen. 40. 6 . Iss, they areg m continuing to scale back the overcapacity issues. You have this big drop
Members have been since that last meeting and why the market is certainly so much trouble making sense of it all. Netflix has been sweeping the emmys lately. Now it may be ieng the oscars, the company out with its first feature film, it opens nationwide tonight. We have details on that and we will talk to a shareholder who is not real thrilled about that. Silicon valley darling being called into question. We have the wall street journal reporter behind the controversial articles on blood testing startup pharanos. Lets start with this story about china and the problems for billionaire steve wynn and his casino empire. Jane wells has that story for us right now. Guys, you know what happened with earnings yesterday, they were not good, they continue to be bad. If you told me a year ago that steve wynn would criticize the Chinese Government the same week he hosted Bernie Sanders and Hillary Clinton in las vegas, i would have lost that bet. Wynn has long been a china fan. Here he is one yea