Commission members please respond. Commissioner brackett present. Commissioner ransomscott present. Vice chair rosales present. Chair bustos present. The next is item 2, announcements. The next meeting will be november 3, 2020 at 1 00 p. M. Please be advised a member of the public has up to three minutes to make comments unless the Commission Adopts a shorter period on any item. During the Public Comment period, viewers are instructed to dial 14156550001, enter the access code which is 146 413 2620. Youll need to press the pound sign twice to enter the call. When prompted, press star 3 to submit your request to speak. When you dial star 3, youll hear the following message. You have raised your hand to ask a question. Please wait to speak until the host calls on you. When you hear your line has been unmuted, this is your opportunity to provide your Public Comment. You will have three minutes. You can stay online and listen to the meeting or choose to hang up. If youre planning to commen
Stocks into value encyclicals keep up . Havens are bringing back some ground. The Federal Reserve warns there could be major downside for asset prices if the Economic Impacts of the virus is not mitigated. Will a vaccine or stimulus come soon enough . Welcome to the program, happy tuesday. Picking news from the u. K. , jobs data giving us a picture of the damage done or avoided on the u. K. Economy. The unemployment rate, a three month figure, we get an ,nemployment rate of 4. 8 exactly what was anticipated. It was on the rise. Very cushioned by the furlough scheme over the summer, and the end of september. Where we are on the jobless claims number, we have i go to this because we do not have survey data but it is interesting because it is october data, a little more impactful. The jobless claims change down by 29,800. , that looks lower than the prior period. Some of the data seems an improvement on the previous period. I go to that redhead line on the u. K. Unemployment story. 164,00
Coops that comply with the restrictions. And thanks for the amendments accepted last week. I will also exempt land dedications made to the city as part of a Development Agreement for the purpose of building new affordable housing. Thank you so much for your support of this amendment last week. I would also like to thank the other supervisors for cosponsoring this piece of legislation. Supervisor fewer and i would respectfully ask for this committees positive recommendation to a full board of the Committee Report. Thank you so much, chair peskin. Chair thank you. I would like to be added as a cospons cosponsor. Are there any members of the committee who would like to comment on this item . Seeing none, is there any Public Comment on this item number two . Clerk we are checking to see if we have any callers in the queue. Can you let us know if there are any callers ready to speak. If you have not done so, press star three to be added to the queue and we will unmute your line. Operator th
Chair fewer good morning, everyone. The meeting will and to order. This is the october 28, 2020, regular budget and finance Committee Meeting. Im sandra lee few are, the chair of the committee, and im joined by the members, supervisor walton and mandelman. Our clerk is miss linda wong. I thank sfgovtv for broadcasting this meeting. Madam clerk, do we have any announcements . Clerk yes, due to the covid19 Health Emergency, the City Employees and the public and the board of supervisors and the legislativ legistate meetins closed. And precaution is taken to the local, state and federal orders, and declarations and directives. The Committee Members will attend through Video Conference and participate in the meeting to the same extent as if physically present. Public comments are available on each item on channel 26 and sfgovtv. Org or streaming the number across the screen. Each speaker will be allowed two minutes to speak. Comments are opportunities to speak during a Public Comment period
This is the regular meeting of the commission. I would like to welcome the public and the staff. Following the guidelines set forth by local and state officials during the health emergency, the members of the Economies Commission are meeting remotely to ensure safety for everyone including members of the public. Thank you, all, for joining us. Please call the first item. Thank you, mr. Chair. The first order of business is item 1, roll call. Commission members please respond. Commissioner brackett present. Commissioner ransomscott present. Vice chair rosales present. Chair bustos present. The next is item 2, announcements. The next meeting will be november 3, 2020 at 1 00 p. M. Please be advised a member of the public has up to three minutes to make comments unless the Commission Adopts a shorter period on any item. During the Public Comment period, viewers are instructed to dial 14156550001, enter the access code which is 146 413 2620. Youll need to press the pound sign twice to enter