Thank you mr. Chair, were ready for the meeting. This meeting will come to order. Welcome to the october 9, regular meeting of the joint city, School District, and city college select committee. Im supervisor haney, claihair the committee. Do we have any announcements . Yes, due to the covid19 health emergency, to protect Board Members and the public, the legislative chamber and Committee Room are closed. Members will be participating remotely. This is pursuant to the local state and federal orders. Committee members will attend the meeting through Video Conference and participate in the meeting to the same extent as if they were physically present. Public comment will be available on each item on this agenda, depending on your provider, cable channel 26, 78 or 99 or sfgov. Org are streaming the number across the screen. Each speaker will be allowed two minutes to speak. You can call the number streaming on your screen, 4156550001. The meeting id is 1460323750. Press pound and then pou
Seeing a lot of treatment claims. Getting the streets attention. This company appeared virtually out of nowhere. Progress to likes of regeneron, becton dickinson, benefiting from the 1. 6 billion u. S. Government commitment. You have makings of something down the pike that could treat the virus, maybe as soon as the end of this year, in the case of some of these phase 3 advanced trials, maybe as soon as the fall of this year. But being coast to coast were all over the place on all these other developments including out in california where they are extending shutdown provisions now expanding to include virtually all businesses, indoor dining, barbershops, salons, tattoo parlors, you name it. Also focusing on whats going on in florida right now a big spike in cases but as stuart was just telling you some confusion about how many of those cases are indeed positive. Weve got the the latest going on in texas, where the spike in cases is so severe theyre looking at crowded hospital beds. Ree
From John Hopkins University there are 293,000 cases in our state. There are more than 6,700 deaths reported in california. Here in the bay area were approaching nearly 32,000 cases and 629 deaths. 1. 3million applied for unemployment. Economists expect number to continue. Californias jobless claims have dropped for a second week in a row. 267,100 workers filed first time climbs down 10,000 from the week ending june 27th. This is the first time theres been a decrease in claims. San franciscos wells fargo will cut costs. The plan is being drawn up by wells executive and could lead top tens of thousands jobs being cut. Wells fargo is one of the largest banks in the country and employs some 260,000 people. The dow jones is down one full Percentage Points losing 300 points. S p is down a third of 1 . Nasdaq up by well over one half of one . As more schools try to figure out what to do for the coming school year, the cdc is planning on announcing new guidelines after pressure from the trump
In my Life Experience of every other country has shown its the only way to defeat the coronavirus the most vicious threat this country has faced in my lifetime and though the death toll has been tragic and the suffering in metz and though we grieve for all those we have lost it is a fact that by adopting those measures we prevented this country from being engulfed by what could have been a catastrophe in which the reasonable worst Case Scenario was half a 1000000 fatalities. And its thanks to your effort and sacrifice in stopping the spread of this disease that the death rate is coming down and hospital admissions are coming down and thanks to you we protected our n. H. S. And saved many thousands of lives and so i know you know that it would be madness not to throw away that achievement by allowing a 2nd spike we must stay alert we must continue to control the virus and save lives and we must also recognize that this campaign against the virus has come that colossal cost to our way of
Yet to be spent and frankly much of which we dont know what the actual need is out there until we have a better sense for what the revenue loss is to a lot of our state and local governments. They are sounding the alarm and justifiably worried about what happens if the downturn in the economy continues and what that might mean to their revenues. They are looking to washington, d. C. For assistance, and i think that as i said earlier in the cares package, there was 150 billion dollars that went out to state and local governments and there have been concerns about how those funds can be used. They were stipulated they had to be used for covidrelated expenses, and many state and local leaders were concerned that that did not give them the flexibility they needed to meet other types of needs. Well, the Treasury Department has in the past few days, madame president , come out with an interpretation that would allow those dollars, the 150 billion dollars already appropriated to be used to pa