Regulate for in most cases opposed by one or two of the industry stakeholder groups implemented the medallion transfer program which is functions as it was set up to allow older medallion holder to sell their medallions and retire and 62 percent of the sales from medallions have gone to medallions 38 percent to the mta but most of the money to the industry altered medallions the issuance of 200 plus medallions and required credit cards and streamline the process on seniority and demand for taxi medallions and not one default on a medallion loan to date el required the dispatch services with the app a provider wooefld weve got 4. 8 million this is for the one item that has not generated much industry opposition rise of the tmcs hispanic because of technical improvement and whats the path forward the taxi industry says the Playing Field is not level theyre able to provide a Cheaper Service i want to point out the sfmta doesnt have regulations over the the industry the public works does i
Service center and the regulation to correct for market imappreciation sfmta is maintaining the overall focus it and then the taxi priorities with the customers even though their opposed strong recollections by themselves cant manifest its service do we need the partnering for the industry for good serve as a result taxi go regulate for in most cases opposed by one or two of the industry stakeholder groups implemented the medallion transfer program which is functions as it was set up to allow older medallion holder to sell their medallions and retire and 62 percent of the sales from medallions have gone to medallions 38 percent to the mta but most of the money to the industry altered medallions the issuance of 200 plus medallions and required credit cards and streamline the process on seniority and demand for taxi medallions and not one default on a medallion loan to date el required the dispatch services with the app a provider wooefld weve got 4. 8 million this is for the one item th
That agency is set up for supporting the businesses and as weve seen with the central subway the thing i have a concern around the support for businesses after constructions and recognizing the limitation that some of us or some funding i should say we have with respect with the money we have to for example a lot of funding for the brt projects from mined is from the fta and that pounding it restricted with with respect to how it can be used and challenging to use funds for transportation dollars for Economic Development after a project has been implemented and so ill encourage our committee to really conducted a rigorous explanation of Funding Sources for supporting those businesses after the prestigious are implemented it is a noble endeavor there you are concern colors of money so to speak concern dollars for certain things i understand the money for the brt project cant be used for projects after it has been implement if i can make that request. We dont have staff unfortunately but
Increase to 4 coming in the fall item 12 shall i continue on for item 12 the medallion resume and fee renewal that renewable fees waved for the post medallions and a card renewable fees for the taxicab drivers it continues to experience under rigid exerts and post k medallions to affiliate some of the costs the medallion holders are facing there are 200 and 93 pre k medallions and corporate and standard pre k and the question has come up why not wave the feces for pre k medallions theyre the income mechanism an investment no kriefg requirement for the pre k Pink Triangle medallions and pre k medallions dont participate in the industry theyve generated numerous income and most are not drivers on lease the medallions to receive a monthly lease payment their held by an individual or Corporation Prior to 1978 a minimum of a few years in 2011 estimated at a point pre k medallions generated 800,000 and there are 6 heed and 21 post k medallions from seniority and those medallion holders have
Please call t role and director brinkman director borden director heinecke is anticipated director nolan pr director ramos director rubke directors ,3 3 quorum announcement of please be advised the ringing of and use of cell phones planning code are prohibited at this meeting. Please be advised that the chair may order the removal from the meeting room of any person s responsible for the ringing or use of a cell phone, pager, or other similar soundproducing electronic devices. Note cellular phones causes microphone truncheons approval of the minutes of the april 21st regular meeting motion to approve. Seconded. All in favor, say i. I. The is have it item 5 communications. Members of the board anything from you. Yes directors there will be no closed session today okay and members combine items 12 and 12 or the Citizens Advisory Committee report and back to the regular agenda okay. Item 6 introduction of new busy. Director rubke. I know how how hard our staff works i have noticed the ele