Created at the bank over many years. Authorities stay bank will pay 3 billion in penalties. Good evening. Thanks for joining us. Todays announcement comes four years after we first learned of the banks Marketing Strategy which attorneys say wells fargo claims is based on products they actually needed. In truth, however, the cross strategy and pressure from leadership of the Community Bank to meet aggressive sales goals led to widespread abuses, unethical conduct, and illegal activity that resulted in millions of accounts being fraudulently opened for customers. The settlement covers wells fargo as a company. Individuals who violated bank laws could still face more punishment. Thats right. And it doesnt do away with all the companys problems. It is still under probation with the Federal Reserve and faces other investigations. In a statement, wells fargos current ceo said in part, the conduct at the core of todays settlements and the past culture that gave rise to it reprehensible. The m
Good afternoon, welcome to the february 11th, 2020 regular meeting of the San Francisco board of supervisors. Madam clerk, would you please call the roll. Clerk thank you, mr. President. [roll call] clerk mr. President , and supervisor yee. Mr. President , all members are present. Supervisor yee ok. Thank you. Would you please join me in the pledge of allegiance. I pledge allegiance to the flag of the United States of america and to the republic for which it stands, one nation, under god, indivisible with liberty and justice for all. Supervisor yee on behalf of the board i would like to acknowledge the staff at sfgtv who record each of our meetings and make the transcripts to the public online. Are there any communications. I have none to report mr. President. Ok, then, lets go to our 2 00 p. M. Special order. Special order at 2 00 p. M. Is the appearance by our honorable mayor, london n. Breed. Theyre being no questions submitted from supervisors representing districts 14, the mayor m
Good afternoon, welcome to the february 11th, 2020 regular meeting of the San Francisco board of supervisors. Madam clerk, would you please call the roll. Clerk thank you, mr. President. [roll call] clerk mr. President , and supervisor yee. Mr. President , all members are present. Supervisor yee ok. Thank you. Would you please join me in the pledge of allegiance. I pledge allegiance to the flag of the United States of america and to the republic for which it stands, one nation, under god, indivisible with liberty and justice for all. Supervisor yee on behalf of the board i would like to acknowledge the staff at sfgtv who record each of our meetings and make the transcripts to the public online. Are there any communications. I have none to report mr. President. Ok, then, lets go to our 2 00 p. M. Special order. Special order at 2 00 p. M. Is the appearance by our honorable mayor, london n. Breed. Theyre being no questions submitted from supervisors representing districts 14, the mayor m
Underserved but the overserved community district, historical district in this city and promote our Small Businesses, promote our young men, our children that deserve too b to a community looked up to and revered across the nation and the world. So i do approve of this. Any other commissioners . Hearing none and seeing none. So first i would like to say thank you to reverend walker for speaking today as a church thats been in the community, helping people, especially single mothers. I was very happy to see that five points make sure that they preserve the Childcare Center which anchors a lot of residents from Alice Griffith and throughout bayview using that center for their children because there arent many childcare facilities in the neighborhood and also his work and his churchs work in building housing for the community, as well, especially seniors. I want to say thank you to kimberly hillbrown for her comments about the fact that Candlestick Park has had on residents and the commun
Please make sure to silence all cellphones and electronic devices. Completed copies of any documents to be included as part of the file should be submitted to the clerk. Items will appear on the next minutes. Can you please call item number 1. Clerk lease amendment lexington lion San Francisco, lp 350 rhode island streetnorth 2,600,000 rent credit. I would like to make a motion petitioner this to be continued for one more week. Before that i will take Public Comment. Are there any members of the public who would like to comment on item 1, seeing none, that item is closed. I would like to make a motion to continue the item to october 16. Clerk item 2 is resolution retroactively authorizing the department of Public Health, Behavioral Health services to enter into a multiyear organized Delivery System Intergovernmental Agreement for Substance Use Disorder Services with the state department of health care services, in the amount of 171,714,918 for the term of july 1, 2019, through june 30,