Small and mediumsized businesses that were in sound Financial Condition before the virus impact of the economy we will hear from the head of the fed in boston and banking and business leaders. Will come tog order. This is a hybrid hearing meaning some of our commissioners are appearing in person and witnesses will testify remotely. Let me offer a few Video Conferencing reminders. Before you start speaking there will be a slight delay before you are displayed on the screen. Click the mute button until your turn to speak or to ask a question. If there is a technology issue, well move to the next speaker until it is resolved. You should all have one box on your screens labeled clock to show you how much time is remaining. Congressional Oversight Commission pursuant to section 4020 of title 4, subtitle of the cares act, the Commission Must conduct oversight of the 500 billion authorized for the Exchange Stabilization fund. As a part of our oversight work, the commission has decided to hold
Commission has decided to order ourselves alphabetically. With that welcome to this virtual hearing convened by the Congressional Oversight Commission pursuant to section 4020 of title 4, subtitle of the cares act, the Commission Must conduct oversight of the 500 billion authorized for the Exchange Stabilization fund. As part of our oversight work, the commission has decided to hold this hearing today which will exam examine the main Street Lending facilities. The Federal Reserve established the main Street Programs to support small and immediate you yumsized business answer Nonprofit Organization that is were in found sentence condition before the onset of the covid19 pandemic. The program operates through five facilities which we will learn more about this morning. The programs being administered by the Federal Reserve bank of boston todays hearing will have two panels. President eric rosengry. N, Federal Reserve bank of boston will testify during the first panel. Second panel will i
Appear on the january 28 board of supervisors agenda unless otherwise stated. Thank you very much. Madam clergyman, can you call item 1 and 2. Clerk resolution approving the issuance of up to an additional 3,000,000,000 aggregate Principal Amount of San Francisco International Airport second series Revenue Bonds to finance and refinance airport capital plan projects; and item 2 ordinance appropriating 3,888,069,311 of proceeds from the sale of Revenue Bonds or commercial paper for Capital Improvement projects to the Airport Commission for fy20192020; and placing 3,888,069,311 on controllers reserve. Thank you, madam clerk. I think we have Cathy Widener from the airport joining us today. There has been a request to continue this item for one week, but i think well have the presentation for today. So if you wouldnt mind, ms. Widener, and we will hear from the b. L. A. Good morning. Cathy widener with the San Francisco International Airport. The two bond items for consideration before you
Good morning, everyone. The meeting will come to order. This is the january 15, 2020, regular meeting of the budget and finance committee. I am sandra fewer. I am joined by supervisors walton and mandelman. Our clerk is ms. Wong. Clerk please make sure to silence all cellphones and electronic devices. Completed copies of any documents to be included as part of the file should be submitted to the clerk. Items acted upon today will appear on the january 28 board of supervisors agenda unless otherwise stated. Thank you very much. Madam clergyman, can you call item 1 and 2. Clerk resolution approving the issuance of up to an additional 3,000,000,000 aggregate Principal Amount of San Francisco International Airport second series Revenue Bonds to finance and refinance airport capital plan projects; and item 2 ordinance appropriating 3,888,069,311 of proceeds from the sale of Revenue Bonds or commercial paper for Capital Improvement projects to the Airport Commission for fy20192020; and placi
Otherwise stated. Thank you very much. Madam clergyman, can you call item 1 and 2. Clerk resolution approving the issuance of up to an additional 3,000,000,000 aggregate Principal Amount of San Francisco International Airport second series Revenue Bonds to finance and refinance airport capital plan projects; and item 2 ordinance appropriating 3,888,069,311 of proceeds from the sale of Revenue Bonds or commercial paper for Capital Improvement projects to the Airport Commission for fy20192020; and placing 3,888,069,311 on controllers reserve. Thank you, madam clerk. I think we have Cathy Widener from the airport joining us today. There has been a request to continue this item for one week, but i think well have the presentation for today. So if you wouldnt mind, ms. Widener, and we will hear from the b. L. A. Good morning. Cathy widener with the San Francisco International Airport. The two bond items for consideration before you are two bonds up to 3 million and to appropriate 3 million