broken muni. i would like you to think of it in those terms. can we afford to operate the central subway without hurting the rest of the system. thank you. next speaker, please. good afternoon. good afternoon. i am the senior field representative from local union number 34. yesterday we sent our first members to work on a central subway. then i get the shock of my life that maybe this job is in danger. got a good job last month when pier 32 was cancelled. we would really like to see this project go through for the jobs and the city needs its transit. it is definitely important. i would urge a yes vote on this. karen flood. steve taber. good afternoon. good afternoon. my name is karen flood. i am the interim director and i am here to speak in the measure of the contingency fund. we have been in support of the subway since 1996 the merchant association and since 2009 our motto has been no pain, no gain. we have certainly felt the pain but we feel the long-term gain.
believe, that once we get a bridge across the downtown portion of the city, which is a major source of conguestion that we can go on and serve the northwest quadrant of the city. now it is intended that this service would exist, in other words would tie together the southeastern portion of the city, including the large new developments in mission bay. it will bridge the downtown portion of the city with three major stations union and china town. yes. thank you, sir. appreciate it. thank you. next speaker, please. andrew robertson, richard hanson. good afternoon. i am andy robertson here in support of issuance of the bond. we see the increase in public transit good. by our count, 5,000 by the last census. we hope it will mitigate issues we see on third street. we see it as a welcome invitation and are excited by the name. thank you, sir. next speaker, please. good afternoon. good afternoon. commissioners and director, i think that it is perhaps time to cons
you are considering revenue bonds. there is debt service. i believe we can end up with a perfect central subway but a broken muni. i would like you to think of it in those terms. can we afford to operate the central subway without hurting the rest of the system. thank you. next speaker, please. good afternoon. good afternoon. i am the senior field representative from local union number 34. yesterday we sent our first members to work on a central subway. then i get the shock of my life that maybe this job is in danger. got a good job last month when pier 32 was cancelled. we would really like to see this project go through for the jobs and the city needs its transit. it is definitely important. i would urge a yes vote on this. karen flood. steve taber. good afternoon. good afternoon. my name is karen flood. i am the interim director and i am here to speak in the measure of the contingency fund. we have been in support of the subway since 1996 the merchant associati
city, including the large new developments in mission bay. it will bridge the downtown portion of the city with three major stations union and china town. yes. thank you, sir. appreciate it. thank you. next speaker, please. andrew robertson, richard hanson. good afternoon. i am andy robertson here in support of issuance of the bond. we see the increase in public transit good. by our count, 5,000 by the last census. we hope it will mitigate issues we see on third street. we see it as a welcome invitation and are excited by the name. thank you, sir. next speaker, please. good afternoon. good afternoon. commissioners and director, i think that it is perhaps time to consider whether we will have the money to run the central subway. new details say it will cost $15.1 million per year. you are considering revenue bonds. there is debt service. i believe we can end up with a perfect central subway but a broken muni. i would like you to think of it in those terms.