Good afternoon, and welcome to the land use and Transportation Committee of the San Francisco board of supervisors today. Im the chair of the committee, aaron peskin, joined by dean preston. Do you have any announcements. Yes, due to the covid19, to protect the city, the board of supervisors legislative chamber rooms are closed. However, members will be participating remotely. This precaution is taken pursuant to the statewide stayathome order, declarations and directive. They will attend via Video Conference. Public comment will be available on each item on this agenda. Both channel 26 and sfgovtv a streaming the number across the stream. Comments are available via phone by calling 4156550001. Again, thats 4156550001. The meeting id is 1455134299. Again, thats 1455134299. Press pound and pound again. When connected, you will hear the meeting discussions, but you will be muted. When your item comes up, press star 3 to be added to the speaker line. Best practices are to call from a quie
Surging. Awayee emfx which has come , it is coming off as well with the exception of the taiwanese dollar which is stating stable. ,he one, the renminbi won the renminbi they are off. You see the aussie 10year yield lower to 87 basis points. The chinese 10year yield is a turning point. We have seen a selloff in chinese bonds, this could be the Inflection Point to head lower. And we mentioned the oil price, it seems like the recovery could tolongstanding according the fed. We are seeing oil heading to its first weekly drop in two months. In thea trepidation markets come the s p dropping as much as 6 . Lets get perspective. Mark renfield cranfield joins us. We know lots of money is sloshing around. That could provide support for the markets. Mark i think we will have to get used to the higher volatility. But is one of the things we have been experiencing in the selloff in march. On a daytoday basis we get more big swings either up or down. 5 or 6 , movement has become more common. There
Changes to the retail entitlement open space and parking counts. The project includes 129 hotel rooms, retail and use associated with the hotel, such as meeting rooms and a ballroom, as well as 21 residential units on the upper floor of the massing. And now im going to turn over the presentation to peter bryan, Vice President of construction and development from the warriors. He will speak in more detail about the project, its programming and the development team. Thank you, gretchen. Good afternoon, chair, vice chair, commissioners and director. Its a pleasure to see many of you again, albeit remotely today. We are excited to present to you our Hotel Project blocks 29 to 30. We believe there is a great need for hotel rooms as envisioned in the original plan to support the area today. With an ultimate plan area buildout of over 6500 residential units or 4. 4 million square feet office, an 18,000seat event centre and active hospital complex and ample open space, we believe and have hear
Be placed on mute and it will notify you when it is your turn to speak. All callers will remain on mute until their line is open. Everyone must account for the time delays and speaking discrepancies between last coverage and streaming. Its best to call from a quiet location, speak clearly and slowly and turn down your television or radio to avoid audio feedback. The next order of business is item three, report on actions taken at a previous closed session meeting, if any. There are no reportable actions. The next order of business is item four, matters of unfinished business. There are no matters of unfinished business. The next order of business is item 5, matters of new business consisting of consent and regular agenda. First the consent agenda, 5a, approval of minutes from your regular meeting of january 21 and april 7, 2020. Mr. Chair . Madame secretary, do we have any speakers willing to speak on this item . Operator your conference is now if question and answer mode. To summon a
Mayor london breed and governor gavin newsom have declared that the coronavirus is a Public Health emergency and have extended the order for people to shelter in place. This meeting is being held virtually with all members of staff and commission participating today via teleconference. This will ensure the safety of everyone is well taken care of. The Mayors Office has determined that the commission on Community Investment and infrastructure has an urgent need to take action on the matters before us to ensure Public Health and safety and has authorized the commission to meet for these matters. Madame secretary, please call the first item. The first item of business is role call. Respond when i call your name [roll call] all members of commission are present. The next order of business is item two, announcements. Announcement of Public Comment procedures. Please be advised a member of the public has up to three minutes to make pertinent Public Comments on each agenda item unless the Com