Clerk okay, mr. President , you do have a quorum. President yee okay. Thank you, please place your right hand over your heart. Will you please join me in reciting the pledge of allegiance. [pledge of allegiance] president yee welcome, supervisor safai. Lets see. Where are we . On behalf of the board, i would like to acknowledge the staff at sfgtv who record all of the meetings and make the transcripts available to the public online. Madam clerk, are there any communications . Clerk yes, mr. President. President yee go ahead. Clerk yes. The record will reflect that during covid19, members of the board of supervisors participate in the same extent as if they were in the chambers. The board of supervisors believe that all communities with or without the internet have the following available options to participate in this meeting. We will receive your correspondence and make it part of the legislative file. Address the mail to the San Francisco board of supervisors, city hall, room 244, Sa
For eligible expenditures at any time with a twothirds majority. Again, these would be the tax measures, should the voters pass the measure, in november. And up to the first 40 million collected of the tax shall be offset shall be used to offset the member operating contributions provided by samtrans, uni and replace the covid related costs if relief funds are made available before the effective date, january 1 of the if a governance solution is found, the special escrow account would be closed and funds would be transferred to the joint powers board regular use the regular account and administration. If no government solution is found by september 30th, the first date that is mentioned in the special provisions of 2021, then another 40 million would be made available. Again, for operations. And to ensure that there would be no disruption to service for riders. E, if no governance solution is found, all parties would then commit to working with the state delegates from all three counti
Clerk okay, mr. President , you do have a quorum. President yee okay. Thank you, please place your right hand over your heart. Will you please join me in reciting the pledge of allegiance. [pledge of allegiance] president yee welcome, supervisor safai. Lets see. Where are we . On behalf of the board, i would like to acknowledge the staff at sfgtv who record all of the meetings and make the transcripts available to the public online. Madam clerk, are there any communications . Clerk yes, mr. President. President yee go ahead. Clerk yes. The record will reflect that during covid19, members of the board of supervisors participate in the same extent as if they were in the chambers. The board of supervisors believe that all communities with or without the internet have the following available options to participate in this meeting. We will receive your correspondence and make it part of the legislative file. Address the mail to the San Francisco board of supervisors, city hall, room 244, Sa
Managing entity. And the c. E. O. And the c. F. O. Of caltrain under this agreement must be the same individual as the c. E. O. And the c. F. O. Of samtrans. And samtrans has financial rights and interests stemming from its ownership and management of certain caltrain operating and nonoperating assets, referring to things like parking lot and resource and land parcels along the rightofway. Next slide, please, michelle. So thats the background. And so turning now to the San Francisco and Santa Clara County proposals for the governance provisions as written in todays resolution, there are i believe six provisions, a through f. And here are the first four. A, revenues will be held in a special account, an esco account, to be disbursed by the joint powers board only. For eligible expenditures at any time with a twothirds majority. Again, these would be the tax measures, should the voters pass the measure, in november. And up to the first 40 million collected of the tax shall be offset shal
Antibody tests. Good morning, good evening at everyone. I hope you are safe at home. Our thoughts are with you, and together we are stronger. Yesterday, or two days ago, we had that huge swing, that huge impact that we saw with negative prices on wti. It is now filtering through the brent. We are nowhere near negatives, but if you look at the price action, it has been pretty brutal over the last 24 hours. Selling pressures definitely intensifying. Wti downok at brent, more than 4 . Lets get to bloomberg first word news in new york city with viviana hurtado. Viviana hi, francine. Here in the u. S. , finding a new pandemic relief package totaling 40 484 billion, including some for the paycheck protection program, to help Small Businesses keep workers on the payroll. The money will also go towa rd coronavirus testing. Donald trump says he will suspend illegal immigration to the u. S. For at least two months to help americans out of work because of coronavirus crisis. The president says it