Season, jpmorgan and wells fargo out with mixed results and well tell you exactly what you need to know. Charter Communications Says it wants to buy time warner for 132 bucks in stock and cash and twrawrm says how about 160 . Well get a reaction and exclusively interview with tom rutledge in a few moments. Google is buying nest labs a maker of Smart Thermostats and smart smoke alarms for 3. 2 billion, it would be the second largest ever in googles history. First up stocks are trying to bounce back from that poor start to the week. The dow coming off its worst day since september and experiencing its first 1 drop in three months. S p and nasdaq posting their biggest drop in over two months and the Bank Earnings are in the spotlight, jpmorgan and wells fargo out with quarterly results. We can talk about the bank or some of the internals, the mortgage internals, theres a lot to talk about. All people seem to care about perhaps we are out of the banking wilderness and were going to begin t
With our schools that have limited resources were need help from the city and the Wider Community to identify and remain reasonable resources to help with the work that will unavailable arrive from the earthquake ordinances thank you. Thank you very much. Next speaker. Hi supervisors my name is a louis i was the chair of the private schools earthquake safety worker group with the parents and School Representatives weve meet to study the issue and put together a report that led to the draft ordinance i appreciate you guys are taking little issue seriously we know that private schools are important in San Francisco but the reason were here our workshopf. Found that half the School Structures are likely to perform parolee in an upcoming earthquake or has characters that the city doesnt 34 know howl how well perform the city is rigging all schools to be seismically save this is not the truth in recognition of the first step to find out and a because this is hard for schools we shouldnt req
The last few years the Mayors Office and board of supervisors has taken up issues for seismic safety including the legislation the board passed to have retrofits for soft story buildings. Im proud to be a cosponsor of those various pieces of legislation and look forward to work with the issues on the future preserving our building stock and keeping people safe when the big one hits must be a top priority at city hall todays legislation advances us towards it this goal it requires private schools in San Francisco under go a seismic evaluation theyve been retrofitted and this legislation is not a retrofit requirement but instead on evaluation requirement and will allow everyone to have a better understanding of the state of our private seismic safety and if any work needs to be done this will make our private sxlz for resilient and teachers and staff and children safer what was t was introduced we heard a number of concerns while the private schools have expressed the overall goal of mak
Are the deadline that we are facing. September 11th is when the developer signs, to buy the property and they have not said a single word to any of the tenant as of the flower market and now, they are in negotiations to buy the other half of the flower market. If i might add, generally these projects are anywhere from 12 to 24 months, looking through just approval process as well. So,. Yeah, at least i have to go through the planning. Most of the leases for the tenants are up, to the 31st of this year and so everyone and, no one knows if they have a new owner or how that is going to effect them in terms of their leases. And so it is extremely unstable situation. Next item please. Item 12 11 is general Public Comment, on items that are not before the commission. And do we have any members of the public that would like to make a comment on items that are not before the commission today . Seeing none, Public Comment is closed, next item please . Next item is new business. Do we have any n
And sister diane to help strengthen the program and thanks to my staff bringing the program together. We have a piece of legislation to improve the seismic safety while mitigating concerns all c k through Telegraph Hill undergo on evaluation schools with a 25 or less will think exempt this legislation applies to buildings use for educational purposes noneducational buildings like places of worship will not going under go this program. The evaluation will be a publicly maintained document available at the department of building inspection there were questions about seismic work will trigger other code requirements around the ada and fire codes we cant exempt schools from the requirement this legislation commits the Mayors Office to 0 form a group to less than e lessen the burdens for nontriggered requirements as well as to assure the permitting process and to identify a single point of contact within the departments so the schools may have a contact theyve met ones and will continue. Th