Conflict and therefore will not be present. And we have director lee. And we have the representative for the court and the joint powers board. And with that, director lee, and here. Lee, present. Director nuru in present. Harper present, and kim . Present. Madam chair you have a quorum. Do we have any communications or board of directors new or old business . Good morning, directors and members of the public, would i like to begin by thanking mayor lee, and the tax rates that were introduced in yul july and i would like to thank all of those in the process, and i have been in with, and working along our side and helping to move the project along and thank you very much and, you are support is valuable and now i would like to ask the counsel to provide a little more detail on the out come of the hearing this rate. And the counsel for the djpa, and the Transit Center, plan, provides, that in return for the permission, to build, the taller buildings, then allowed by the existing zoning, a
And seven years of additional taxes. And or it will wave all time lines or the cfd to expedite and they will not sue the city. And for the two weeks to allow the details to be worked out and we will be looking closely at the terms of the agreement to determine that the final agreement is consistent with the terms proposed at the board of supervisors hearing on september 9th. And the proceeds, with about 665 million of that going to the tjpa. And we, the city projects, that the net of the lower escalation, and the tax payments, will result in the same revenues, to the tjpa to the cfd. And if the settlement finalized the staff, though, and will present the settlement to the board at the next Board Meeting with the resolution that will instruct the executive director whether to vote in favor of the cpd as modified at the settlement and that could occur at the october nine meeting. Thank you, and unless there are any questions from the board, moving on with my report, i have previously rep
Time since 2002. We break that data in under 30 minutes times. Lets look at stocks. They rally after the u. K. Supermarket oust. German rival metro beating expectations on its consumer electronic division. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. All right. Oil continues to dominate the investigator discussion. Oil taking another leg down with wti and brent both slumping around 2 . Near a six year row. The iranian president delivered a fresh warning saying the dramatic drop in prices not only hurts iran but other producers including saudi arabia and kuwait. They defended the decision saying prices would stabilize at profitable levels. He also said the organization had no plans to meet before the next scheduled meeting in june. You can take a look at shares right now of oil trading down about 3 in todays trade. Indeed and the dramatic sell off comes as china reported record crude imports next month. China also posted a better than forecast ris
Absolutely. Yes senator. General wasser wants to ask you about comments that have come to my attention that were reported to have been made by Major General james post the Vice Commander of air combat command and he is reported to make these comments when addressing a group of airmen this month. What he is said to have made in comments to the airman was anyone who was passing information to congress about a 10 capabilities is committing treason and is part of those comments he also said if anyone accuses me of saying this i will deny it. Let me ask you this general welsh. Do you find those comments to be acceptable in any way to accuse our men and women in uniform to say you are committing treason if you communicate with congress about the capabilities of the a10 are the capabilities of any other of our Weapons Systems yes or no . No maam, not at all and there is an investigation currently ongoing with the incident. When i read the newspaper article i contacted the general officer invo
Reduced while we maintain quality. That is part of the overall picture. The problem with health care thus far, and i have my own ideas about what we ought to do for health care and you can look at www. Ced. Org and read about it, the problem with the cost of health care is in significant part that Technology Enables us to do a lot of marvelous thing but the technology is expensive. And so part of what is Going Forward is how do we improve outcomes in our Health Care System including doing things that are just coming online that turn out to be very costly but can do very wonderful things for people. Thats going to be very difficult, but we need to we need to work on every front and improving the efficiency of the delivery of health care is probably tops at the list of what we need to do. And just touching on your broader question, i think one answer ive heard a lot from people have done this for a number of years is that the entitlement programs go directly into peoples pockets, especia