Away and we should have that understanding and that sympathy of oui understanding and that sympathy of our responsibility to ensure eve ryo ne our responsibility to ensure everyone is able to live in safety, where ever they are in this country. 72 people lost their lives on that night injune 72 people lost their lives on that night in june 2017. 72 people lost their lives on that night injune 2017. If that situation rocked the community and shocks the whole country. And it brought together help from lots and lots of people, local churches, mosques, synagogues, people from Different Community organisations, and people rushed to grenfell and as the fire was still blazing, with gifts of food and toys and support and so on. That understanding, that simple Human Understanding of so many people are something that i think we have to cherish and begin to understand. Because there is a natural human instinct to help people and thats what was demonstrated and i cannot forget going there straight
Sf [inaudible] rising, democratic socialists of america, california, faculty association, ace, among other groups. We really urge the board of supervisors to move swiftly, work closely with the task force and the office of the treasurer to create a San Francisco Municipal Bank. We would like to see the banks charter be grounded in principles of equity, social, racial and economic and environmental justice. San francisco has a 10 billion budget but currently apart from all the reasons why we shouldnt be investing in large commercial banks, we also are facing unprecedented housing crisis, homelessness crisis, despite our very large city budget. So we would like to see a public bank that would really invest in our local communities, especially most marginalized and vulnerable communities that are underserved by our current Banking System and the city would invest in Affordable Housing. Thank you. Thank you. Next speaker. Thank you, and good afternoon all my relations, my name is Tony Gonz
Facing unprecedented housing crisis, homelessness crisis, despite our very large city budget. So we would like to see a public bank that would really invest in our local communities, especially most marginalized and vulnerable communities that are underserved by our current Banking System and the city would invest in Affordable Housing. Thank you. Thank you. Next speaker. Thank you, and good afternoon all my relations, my name is Tony Gonzalez and im with the American Indian movement. And im the director of a. I. M. West here in San Francisco. I come here to encourage this discussion on behalf of the international, or intertribal community, i believe most of us are in support of this effort and i would like to also commend former Supervisor John Avalos for having the foresight to having initiate this process in 2011. And also, its rather ironic that north dakota has the public bank and this is where we have seen in the last two years, the Standing Rock people, community and no daple or
And then public efforts such as Property Assessed Clean Energy bonds have been stymied by the limitations that commercial banks have. So federal tax reform is going to get rid of the Community Investment act. And there goes tax credits and nonprofits and Banking Services for low income communities. A public bank could solve some of those issues for us. Im excited we are here today. I look forward to seeing the task force and their findings and im hoping we move forward. Thank you. Thank you. Next speaker. Hello, supervisors my name is claire [inaudible] im cochair of San Francisco [inaudible] i want to express frustration with the board process, having been here for four hours, this very important item heard at the end of the agenda and Public Comment at the end, it doesnt allow for much democratic input. Most people dont have the luxury to sit in these chambers for four hours i would normally be teaching in a classroom of first and second graders. That being said, the San Francisco Be
Shouldnt be investing in large commercial banks, we also are facing unprecedented housing crisis, homelessness crisis, despite our very large city budget. So we would like to see a public bank that would really invest in our local communities, especially most marginalized and vulnerable communities that are underserved by our current Banking System and the city would invest in Affordable Housing. Thank you. Thank you. Next speaker. Thank you, and good afternoon all my relations, my name is Tony Gonzalez and im with the American Indian movement. And im the director of a. I. M. West here in San Francisco. I come here to encourage this discussion on behalf of the international, or intertribal community, i believe most of us are in support of this effort and i would like to also commend former Supervisor John Avalos for having the foresight to having initiate this process in 2011. And also, its rather ironic that north dakota has the public bank and this is where we have seen in the last t