That wraps up todays white house briefing. We now return to last Thursdays Senate commerce meeting on fcc oversight. The serenity they necertaint build at scale. Capital, talent is scarce. Innovation doesnt have to visit. The more difficult it is, the less likely we hare to get it. And its consistent, i would add, with three years of reforms we have made oven with great heat taken. They have been a proven concept for a regulatory approach. I think the reforms, the ones you championed in the steam line act, would have us close the Digital Divide. The period is a marked contrast from the prior eight years. We wasted a tremendous amount of time chasing around partisan little agendas, rather than focusing on what matters. I think this pandemic has pult Telecom Policy in a crucible. That is what we have to focus on. On closing the Digital Divide. That is where we have been the last three years and its paying off results. We have not raised the mission divide yet. And the u. S. Infrastructur
Needed systemic change against racism today. Thank you. Thank you. You have zero questions remaining. We can continue, kate. Item number three, report by Treasure Island director. Director, chair tsen, robert beck. Covid19 continues to impact the lives of residents and commercial ten xhants and provide commercial tenants with the most pertinent information. Housing providers are following the Mayors Office and moratorium guidance in cases where residents have been unable to pay rent and title will be sending Additional Guidance to all commercial lease olders this week. The Health Officers shelter in place remains in effect and government is planning for reopening of activities and the department, office, and facility and health and safety plans prior to reopening. The reopening will not look the same as things did in january or february. We are as part of this effort, were exploring what services we can put online. And continued to be deployed to the gratest extent possible and factore
After yesterdays midsession rebound, the dow initially fell more than 750 points from the trading session before that striking turn around and finished higher more than 750 points s p 500 went from more than down 1,500 and nasdaq went to close up by 1. 4 these moves came after the fed said it would buy individual Corporate Bonds, not just the etf. President powell trading these today not only on what jay powell said but this idea that the administration will be looking for a 1 trillion package it just seems like the federal government is doing the best in their economy. S p indicated up by 41 and the nasdaq indicated up by 73. Looks like this morning, the 10year is yielding 7. 43 . Watching this stuff how it played out yesterday was kind of phenomenal i couldnt believe what we were watching at the close. It was quite unbelievable you are right houj part is the government stimulus unless that leaked out watching the market. It was down. I dont like mondays anyway. Then i saw 400 and bas
Public comments are available on each item on the agenda channel 26 and sfgovtv are streaming the number on the screen. Each speaker is allowed two minutes. Opportunity goes to speak during the Public Comment are available by calling 4156550001. 146 3191053 then pound pound. You will hear the meeting discussions you will be muted. When your item comes up dial star 3. Call from quiet location and speak clearly and slowly and turndown your television or radio. The budget and finance committee. Email will be forwarded to supervisors and included as part of the official file. Items acted upon today will appear on the agenda february 2 unless otherwise stated. Thank you, mr. Chair. Thank you. Today we have a full budget and finance committee agenda. Thank you for being brief. Please call items 1, 2, 3 together. 1. Authorizing the Mayors Office of housing and committee to Submit Application to the allocation committee. 2 residential Revenue Bonds in paamount not to exceed 90 million for 1151
Meeting. Very good, Board Members. Weve been supplied with the minutes and i will ask first, is there anyone from the public who wishes to comment on our april 7th minutes . For members of the public who are watching this meeting via sfg tv from april 7th, please call 888 8086929 and then code 9961164 and then finally 10. Mr. Moderator, yo if you would let us know if there are members of the public who wish to address the board. Operator to summon each question press 1 and then 0. It looks like no members of the public dialing in at thisman. This minute. So we will close Public Comment. Well close Public Comment on item 4 and ill entertain a motion to approve the minutes. So moved. I heard two and would you please call the role. role call . Mr. Chair, you have a unanimous vote. Very good. On communications, well provide overview as to why were doing things this way and ill be more brief than i was last time, but due to the covid19 Health Emergency and given the Public Health recommenda