Between kraft and heinz, not even that could stem the bleeding. More on that in a moment. Up 93 points to 17,718. Nasdaq suffered its biggest percentage drop in 11 months falling more than 2 or 118 points to 4,876. And the s p 500 dropped 30. Investors were concerned about Economic Growth after a surprise decline in durable goods. Orders for longlasting products like appliances and computers fell almost 1. 5 in february and thats the third decline in four months. While a key measure of Business Investment fell for the sixth straight month. The results prompted several economists to lower their forecast for First Quarter Economic Growth. Now to that blockbuster deal sue just mentioned involving two giants in the American Food industry. Kraft and heinz both makers of products that are likely sitting on your kitchen shelves like jello Maxwell House and of course, heinz kechtchup, revenue of 8 billion and sales of a billion each a year. It would rank as the fifth Largest Food Company in th
Equal to call for the cut back the sewer bills will stay the same for someone if they cut back in their eir gas station but paying more the bigger users for the universities and the high water users especially those who havent take advantage of the consortium services this is your time to cut back on water use well be talking about that Program Going forward and are implementing the repair programs and will begin the new Public Outreach campaign in june weve moving forward to make sure our water use stays down with the dry year we will reach 80 percent many hetch hetchy maybe higher and the aeptsd state reminders with the production of Public Outreach and i didnt talk about the specifics but well monitor any state activities with the occur contaminates of pre1914 water right diversion those occur contaminates are something were reilly ready to defend to make sure that San Francisco gets what is zoo to it ill be happy to answer any questions. Commissioners. Would you do you have any add
Trying to spread our name around to get new investors and opportunities for folks to buy our bonds with that, id like let you know which was a good sale i want to thank rich if you could wave and say hello hes this depth manager and a wonderful active smart team that is doing all this and g did a lot of the heavy lift. Thank you both and the team. That concludes my report. Any Public Comment on the 1ygsd report. Mr. Brooks. Eric brooks pour the San Francisco green party and little local grassroots on the last part of the report just want to put in a request from the public that we see a report sent in from staff that scopes out h bonds and green bonds and all the power bond capacity so we know what we are dealing with and how theyll be used hypothetically to build for sf clean power are any program like Treasure Island or biophysicistayview. Any other Public Comment okay seen if you could call the consent calendar. Item that a consent calendar Consent Agenda are considered by the board
Lot of run off on concrete and the in oceanow is the drought were monitoring the underground. Actually in two ways one were Telegraph Hill monitoring the ground water wells this is a pretty productive aqua a strong radiant flowing out to the ocean so San Francisco is were lingus freshwater to the ocean were hoping to attach catching in the Ground Program also here in the civic scienter we do sub surface dewatering because of the high ground water it is decreased a little bit not much f were working with the dpw on the underneath the plazas to use it for truck filling and sweep sweeping because of two of ground water that ground water is staying stable so for. Thank you. The other point and maybe i want to talk about it is that weve sort of changed the way we operate our system because of the shut downs we want to make sure we have water in the local reservoir when we should you we have to take care of everyone and whatever we have a shut down on the hetch hetchy side whether because in
40 percent more than bids than bonds we have a strong name recognize and the fact that is a below market rate credit and brand new opportunity for investors to buy our bond 32 million was designated as green bond that was the first green bond issuance for the city of San Francisco and were proud and the opportunity to draw new investors we had one investor brick and rich capital sought us out an environmentally social responsible fund they bought those railroad and a chunk was bought by the investors we are trying to spread our name around to get new investors and opportunities for folks to buy our bonds with that, id like let you know which was a good sale i want to thank rich if you could wave and say hello hes this depth manager and a wonderful active smart team that is doing all this and g did a lot of the heavy lift. Thank you both and the team. That concludes my report. Any Public Comment on the 1ygsd report. Mr. Brooks. Eric brooks pour the San Francisco green party and little l