Off. s make a bad combination in place tonight, excessive heat, driver dictation and now diablo wind. Good evening, everyone. Im frank somerville. I am julie haener. To try to prevent fires, theyre taking a protective step to the first time this year and shutting off power. They confirmed the shutdowns are already underway, they are scheduled to happen between 9 00 and midnight. A total of 100 they confirmed the shutdowns are already underway, they are scheduled to happen between 9 00 and midnight. A total of 172,000 customers in 22 Northern California counties are affected, that includes the east side of santa rosa and Sonoma County and the calistoga area in napa county. Power is expected to be restored no later than wednesday evening. We have Live Team Coverage on the weather conditions, greg shows us how people are coping with the recordbreaking heat. Deborah gives us a look at how people in the north they are bracing for the power shut off but first lets go to our chief meteorologi
Family residence and assuming a homeowners exemption of 7,000 the average annual additional property tax is payable to the city would be 52. 61 per year. If the board authorizes the 209,955,000 in the series 13 bonds to be sold. However, according her any increases to the property tax rate due to the sale of the bonds is off set by decreases to the tax rate due to the retirement of other general obligation bonds. We recommend that you approve both the proposed resolution. As well as the ordinance listed. I am happy to respond to any questions. Thank you mr. Rose. Colleagues, about questions. Supervisor avalos. Thank you. Its a question not necessarily for mr. Rose but like we have done on occasion with the Water System Improvement Program it would be good to get a status update of the hospital rebuild project and i can introduce a hearing for that just to see where were at in terms of that project and how were meeting all of our time line and financing goals or maybe you can provide a
Contribute 207 million to project costs and additional 1. 9 million for cost related to the issuance of this discount and citizens general Obligation Bonds oversight committee. Sebt service on the bonds if approved is approximately 18 million a year over the 20 year life and 151 million in Interest Payments and three 61 principle and interest over the years. The three has two constraints on the issuance of these bonds. The first is the charter limitation of amount owed at any given time and 3 of assessed evaluation. If approved by the board that limitation will still be maintained and the bonds will cause that rate to increase by 0. 1 2 to 1. 2 two and the other constraint is the property tax rate for the Capital Planning committee if approved that rate will remain within the constraint of the 2006 property tax levels, and is included in the fiscal year 14 tax rate for geo bonds and finally the resolution approved finance documents willing the official notice of sale and notice of inte
Its pretty obvious a certain person trust the sponsor and we saw what happened to him, and then one of his best friends is about to lose one of her crown jewels, and im asking do you trust the sponsor . And for the record i dont see any supervisor listed as a sponsor for either items one or two. If it was such a good deal i should at least see one name and seeing no names i have a feeling its not that good of a deal, so to summarize San Francisco General Hospital needs a new hospital, but lets put it this way. No matter how good the facilities its always comes down to how well its used and without a proper audit of General Hospital, without a proper audit of the department of public health, theres always going to be instances like the current fiasco at General Hospital. Thank you very much. Any other members of the public wish to comment on these items . Seeing none Public Comment is closed. Colleagues we have a recommendation from the budget analyst to approve the items. Can i have a
Was established in lieu of paying real and personal property taxes and special assessments. As 10 of rent payments charged to the Housing Authoritys low income residents. It has previously been weighed by the board from these years listed and requested waivers but those requests werent acted on. Since that time the Housing Authority has not requested additional waivers and as i understand it the city has not included revenues for those payments in the annual budgets. In its may 2013 performance audit of the San Francisco Housing Authority the San Francisco budget and legislative analyst recommended that the Housing Authority submit to the board of supervisors a request of waiver in lieu of taxes from 1991 through 2013. Waiver of these payments does provide the Housing Authority with Additional Resources to address our enormous challenging needs to maintain our properties and provide services to our low income residents. I am happy to answer any questions that you may have. Thank you ve