Good morning. This is the may 6, 2020 budget and finance committee meeting. I will be calling the rescheduled committee. I am supervisor fewer. Our clerk is ms. Linda wong. I would like to thank sf governosfgovtv. Madam clerk, do y announcements. Due to the covid19 health emergency, City Employees and the public the board of Supervisors Committee rooms are closed. Members will participate in the meeting remotely as if they are presently present. Public comment is available for each item. They are streaming the number across the stream at sfgovtv. Each speaker is allowed two minutes. Comments to speak during the Public Comment period are available via phone by calling 888 2045984 access code 3501008. 3501008 press pound. You will beelined up in the order you dialed. While waiting the phone will be silent. All callers will remain on mute until the line is open. You must account for timely days between life coverag cover coved streaming. Turndown your radio. You can make Public Comment by
Here. Ms. Norton. Yes. Are if student delegates with us . Thank you. All right. Here we go. Our Virtual Meeting is called to order. Before w we get started. I am gratified by the work that is being done throughout the district from our Virtual School at home to the admin working diligently, our teachers are amazing. Our families are teachers as well. The Leadership Team is amazing. These are unusual circumstances. It is a crisis and people are feeling it. I think our school board as well has risen to the challenge. We want to thank everybody and show our appreciation. With that. General information. Items of approval of board minutes of the regular meeting of april 14. So moved. Second. Any corrections . Roll call vote, please. Ms. Collins. Yes. Mr. Cook. Ms. Lam. Yes. Ms. Lopez. Yes. Mr. Sanchez. Yes. Thank you. Item 2. Is superintendents report. Thank you for the opening remarks. Tonight i want to highlight three of those areas that president sanchez was giving accolades to. I want t
Frustration builds in some circles over the governments handling of the crisis. And east africa battles the pandemic and a plague of locusts a devastating crops across the region experts warned the 2nd wave this year focuses on unprecedented threats to Food Security. Welcome to the Program France has begun to lift its coronavirus lockdown after 8 weeks of restrictions people are now allowed to leave their homes without a permit most shops and businesses have reopened and many children will soon be sent to school with 26000 fatalities france as the worlds 5th highest coffin 1000 death toll. The streets of paris is starting to look more like the usual crowded selves after 8 weeks in lockdown french citizens are venturing out again its been a cautious reopening with most shops welcoming customers and many people returning to work. I think its still very risky for the population but costs are rising for companies so we need to go back to work but it all you. Know. No im not afraid everythi
888 2045984 access code 3501008. 3501008 press pound. You will beelined up in the order you dialed. While waiting the phone will be silent. All callers will remain on mute until the line is open. You must account for timely days between life coverag cover coved streaming. Turndown your radio. You can make Public Comment by emailing me linda. Wong at sfgovtv. If you submit via email it will be included as part of the matter. Written comments may be sent through your Postal Service to city hall. Finally, items acted upon today will be forwarded for full consideration on may 12 unless otherwise stated. Supervisor fewer thank you, madam clerk. Please read items one and two together on the budget and finance committee agenda. 1. Resolution authorizing the director of property to exercise lease amends for leases of Real Property at 3119 Mission Street and 3120 Mission Street for office and Service Space with klw investments as landlord each for fiveyear terms to commence on july 1, 2020 to e
Kelly. The dow shedding 5 in lets get to bob for more on this sell off. Bob. I think the key here today is oils impact but its impacting things outside the oil market. Leets ta lets take a look at the sectors. The two biggest that are out there, tech and financials are the weakst ones. They will put pressure on the s p 500 because they are a big part of the overall market capitalization industrial is also weak. Energy is not among the big pressure points in the s p 500 today. I want to poipt out some of these big momentum names that have helped in the tech area in the last few days. Generally, weak today. Advance micro, starbucks these are momentum names that have done well recently and they are having problems today. The futures contract highly showed you that. Its remarkable to look at an 8 future track as 18. Thats an enormous spread were looking at here. Some of these Tanker Companies have having a tremendous day to the up side. Soc some of these Energy Futures just all over the pl