Emergency and given the Public Health recommendations issued by the San Francisco department of Public Health, governor Gavin Newsome and mayor breed have lifted restrictions on teleconference. This meeting is being held virtually with all members and staff participating via teleconference. This will ensure the safety of sfers board, sfers staff, and members of the public. While this allows us to hold meetings via teleconference, it may not be as seamless as it normally would be. A reminder to the public to mute your microphones to minimize background noise. Madam secretary, roll call, please. [roll call] clerk we do have a quorum. President bridges . Thank you, madam secretary. At this time, the board will be going into closed session. The board will begin with general Public Comment, but no earlier than 2 00 p. M. Well take Public Comment ongoing into closed session at this time. Madam secretary, please open the phone lines. Clerk members of the public who wish to provide Public Comm
Our hoist machine is located overhead, and this is a traction machine, so it is an evolution beyond the winding from elevator. This is the drive ship. This is the gear box, and this is original from 1913. It is a heavyduty design that we really do not see any more today. That is probably part of the reason why this elevator has already lasted close to 100 years. This is the break for the voice machine teh brake. We have the original controller here. Fortunately, the power is turned off. This room was built in 1913, but the National Elevator cut actually was not introduced until 1921. Tell us about this antique controller. What makes it different from a modern controller . The elevator is running on the original d. C. Power. Really simple in operation. Does not include a lot of the features we would have in an elevator today, Automatic Door operation, dispatching, push button operation. None of those features are present, but this is the original from 1913. On this side, we have all the
Conversation that is going on right now. But were definitely monitoring that and well try and plug into that process when the opportunity presents itself. President tsen okay. Thank you. Okay. So the next item, please. Its adjourned. President tsen all right. Thank you. Director richardson before we adjourn. Yes. Director richardson i have two statements to make. Just to acknowledge mr. Jim smith for helping us out through the technical glitches today. And i would love to with your permission to adjourn this meeting in the memory of the late congressman john lewis and it was put eloquently, some thoughtful recognition of this great man. And we are all in gratitude to mr. John lewis for his life long fight in systemic racism and injustice. So he was a leader by all measures. And may his soul rest in peace. And thank you. President tsen thank you very much. With that, well adjourn. Thank you, all, for a great meeting. Thank you. [roll call] we have a quorum. You may begin the meeting. Th
And based on the thorough research with my consultants, i, at this time, would like to recommend to the board that we retain galliard for the stable value fund. Okay. Is there a second for that motion . Supervisor safai. Id like to second that. Thank you. Before we call the question, well ask for any Public Comment. Clerk members of the public who are currently in the queue who wishes to provide Public Comment on this item, please dial onezero. When it is your turn to speak, the system will prompt you automatically. Those who are not in the queue, please follow the instructions on the screen. Moderator, do we have any callers on the line . Operator madam clerk, there are no callers on the line. Clerk thank you. President driscoll . Thank you. [inaudible] [roll call] clerk 70, motion passes. Next item. Clerk item number 7, discussion and possible action on coronavirus aid, relief, and Economic Security act, c. A. R. E. S. Act, impact on the sfdcp. Commissioners, as youre aware, march 27
And we ask for your understanding and patience as we all work through this new way of working together. If we havent done so already, im going to ask all members of the board to mute themselves to minimize background noise. Board members will have to remember to unmute themselves to comment and when the roll call votes are held. Theres staff in the background who will be managing the technological functions throughout the meeting so we can move to whoever is speaking throughout the meeting. Again, we ask everyone for their patience as we make these adjustments. Lastly, we want to thank everyone who has made these meetings possible, including darlene, jay huish, and staff members, as well. The board appreciates [no audio] and we will begin the meeting. We will start with the roll call. [roll call] we have a quorum. Item number 3, communications. Item number 3, communications. Due to the covid19 and to protect the public, the meeting room is closed. However members will be participating