Housing data rebounded with Building Permits at their highest levels in 12 years we are set once again for record time close on the nasdaq anything positive, of course, is a record the s p has just dipped negative the dow has been negative for most of the afternoon. Joining us for the full first hour of the show, steve weiss from short Hill Capital Partners steve, very good to see you. How you doing . Good to see you what stands out as to whether or not were going to issee a meaningful move higher or lower . Its all about trade. Home depots announcement aside, which wasnt terrible wasnt terrible or was terrible was not terrible. And the stocks appropriately are saying, theres lots of people buying it into the earnings. And home depot, lets face it, theyve delivered remarkably over the last decade, particularly since new management came in but i dont think its really a referendum this report on the health of the consumer, which is what the market is based upon. And appropriately, were b
[roll call] clerk mr. President , you have a quorum. President yee thank you. Ladies and gentlemen so im going to have a rough time today speaking, but ill get there. Ladies and gentlemen, will you please join me in the pledge of allegiance. [pledge of allegiance] president yee okay. On behalf of the board, i would like to acknowledge the staff of sfgtv, michael and malina who make each of the presentations available online. Madam clerk, do you have any communications . Clerk i have none, mr. President. President yee okay. Lets go to this months city departments highlights. As a reminder, this new segment is an opportunity for the board and the members of the public to see an inside peek of littleknown work our departments are doing, and this should be a good one this week, and today, we have a short clip produced by our Emmy Award Winning team at sfgov tv, the efforts that our staff did to help in the wildfires. Last week, we celebrated the 30th anniversary of the loma prieta quake. W
[roll call] clerk mr. President , you have a quorum. President yee thank you. Ladies and gentlemen so im going to have a rough time today speaking, but ill get there. Ladies and gentlemen, will you please join me in the pledge of allegiance. [pledge of allegiance] president yee okay. On behalf of the board, i would like to acknowledge the staff of sfgtv, michael and malina who make each of the presentations available online. Madam clerk, do you have any communications . Clerk i have none, mr. President. President yee okay. Lets go to this months city departments highlights. As a reminder, this new segment is an opportunity for the board and the members of the public to see an inside peek of littleknown work our departments are doing, and this should be a good one this week, and today, we have a short clip produced by our Emmy Award Winning team at sfgov tv, the efforts that our staff did to help in the wildfires. Last week, we celebrated the 30th anniversary of the loma prieta quake. W
October 22nd board of supervisors agenda. Please read item one. Resolution authorizing resolution and acceptance to a lease for the Real Property located at 350 rhode island street north for a rent credit at 2. 6 million in consideration for a waiver of certain real estate expense passed through protections for the city under the lease. Today we have the department of real estate. Good morning, chair fewer. Director of real estate. Today we are seeking your positive recommendation for a resolution to authorize a first a mend to the lease with lexington lion San Francisco for the property at 350 road a island. Rhode island. The board of supervisors approved this with the city as tenant to relocate the district of attorney from the hall of justice and 732 brannon. In most commercial leases the landlord is entitle to pass through a share of the property taxes to the tenants. When possible to protect the city we include provision we call a prop 13 protection. Section 4. 76 the current leas
Seven years. The greater of percentage structure or minimum annual guarantee of 225,000. They will operate a themed gift store called hello karl which is a name to the fog in San Francisco. It will include products from local artists. Hat makers and charles chocolates. The budget analyst rereviewed this list. Can we have the report, please . Yes. So the proposed resolution would approve the lease between airport and mrg with a term of seven years and guaranteed rent of 225,000 increasing each year. Over the seven year term the airport would receive at least 1. 75 million. We recommend approval of this resolution. Thank you very much. Lets take Public Comment. Any members of the public like to comment on item 6 . Seeing none it is closed. Supervisor mandelman. We only got one bidder here. For these leases we have been having difficulty finding bidders. We consider anything besides news stands. It is more expensive for the operators to come in and they have competition from online sales,