Everywhere as more and more companies file for bankruptcy. A to analyst says a number of fla names could come out stronger. Later, what makes tiktok tick. An inside look that is dominatidominate ing social media as china is saying it would rather shut down the service in the u. S. Than succumb to a forced deal well tell you about that as power lunch starts right now thanks welcome to power lunch lets take a closer look at plarkts right now. You have industrials and materials leading the way higher in fact, materials is the only sector in the green this week. We havent talked a lot about that as a source of leadership tech that had been the leadership havent recovered from the steep sell off. The nasdaq still down about 11 from its record high its worst for a lot of the individual names docusign down from its 30 high. Tesla down 27 from its all time high apple is lower today apple is down about 20 from its high as well apple near a 3 decline. Tyler, back to you with can skinny stimulus
Public comments are available on each item on the agenda channel 26 and sfgovtv are streaming the number on the screen. Each speaker is allowed two minutes. Opportunity goes to speak during the Public Comment are available by calling 4156550001. 146 3191053 then pound pound. You will hear the meeting discussions you will be muted. When your item comes up dial star 3. Call from quiet location and speak clearly and slowly and turndown your television or radio. The budget and finance committee. Email will be forwarded to supervisors and included as part of the official file. Items acted upon today will appear on the agenda february 2 unless otherwise stated. Thank you, mr. Chair. Thank you. Today we have a full budget and finance committee agenda. Thank you for being brief. Please call items 1, 2, 3 together. 1. Authorizing the Mayors Office of housing and committee to Submit Application to the allocation committee. 2 residential Revenue Bonds in paamount not to exceed 90 million for 1151
Problem. Well track those factors and the rest of the bay is moving well. So back to you. New overnight, an elderly man is recovering after he disappeared while hiking in the north bay. This is the second of two recent cases involving people believed to have disapeered while hiking. Bob redell joined us live in marin county with details on the man that was found and the couple still missing. Reporter with regard to the man that was found according to the photographer who shot his rescue, he is alive but barely conscious. We have no update. His name is Robert Bennett and 76 years old. Rescuers found him around 11 30 last night and you should be able to see it on video. After he disappeared on monday afternoon while hiking in unincorporated marin county they extricated him and sent him to the hospital. They did find his vehicle at the head of the valley stone trail which helped locate him and in the picture, tweeted out by the marin county sheriffs office, two k9s helped locate bennett.
Mismatch between the number of jobs that are being created and the housing particularly Affordable Housing thats needed to meet that demand. We are also helping here to meet a need that ive heard again and again from the Mayors Office of housing one of the meetings i had early on was to go through the pipeline of Housing Project Affordable Housing projects in my district. One of the most frustrating things was there were a number of projects where we already have the land the city owns the land, and i was told that we cant even begin to build on these sites for in some cases six seven eight years from now because we dont have the funding, because we dont yet have enough money available for the Mayors Office of housing in order to start these projects. So with that, this legislation which im very proud to have introduced and cosponsored, with supervisors mar ronen, peskin brown walton fewer and im hopeful that well have the support of this committee and of the entire board. As you saw i
The past several months. I really want to thank all those for coming out for my colleagues on this committee for listening and asking some very pointed questions, especially about the trees and parking. And with that, i would like to move the amendments, i believe you have a copy first on the sud. Do you all three have copies of those amendments . We do, supervisor. Thank you. Well, i cant move since im not a member of the committee. But i would ask somebody on this committee would be so kind to do so. So that would be as to the sud item number 4, uses that are not permitted that include auto service, driveup facility mortuary notwithstanding any other provisions, the uses that would require conditional use liquor stores, massage neighborhood agriculture. So those are the changes in item number 4 item number 5. Can we take a moment of time . We can take a moment of time. I make a motion to propose those amendments as read into the record. The only one you didnt read was the time, from