Projections to be released by the mayors Budget Office and we work closely with the office for the five year Financial Plan for the city with the Mayors Office. Related to academies our 120th academy are in the final weeks. There will be a graduation of 51 members. We started with 54 on november 4 at usf. They have been grairks to provide their presentation auditorium for us. 10 00 a. M. On november 4, a week from friday. With regards to the class we are anticipating hiring 54 members and into the academy. 42 will be off the National Testing network list and we will be bringing 12 employed members from station 49 over two weeks later to join the class so the original 42 will start on the 28th and they will be joined by members of station 492 weeks later. The two week gap which i think i have discussed before is that the members of station 49 have demonstrated their competency and theyre working on as paramedics and the first two weeks of the academy is evaluation of the emt skills so t
The necessary work thats needed , coordination work for with fta to recommend the grant so are we feeling so confident about this that we dont have any sort of backup or contingency plan . We are feeling very confident about it. Based on the work we have done with fta. The limited notices to proceed having issued specifically for the Design Elements of the project. So if for some reason the full Funding Grant agreement and not materialize the wasnt another alternative we would be able to terminate those contracts. That is not the expectation. We have further backup plans in the event that the full Funding Grant agreement is delayed beyond what we have now as march 1 for the notice to proceed for construction could we have enough money for fiscal year 17 through the other sources to cover but at this point there is no reason for us to have any expectation other than we are going to receive that grant. All right, thank you. Okay. Any further questions . We will move on to Public Comment.
Points today. Its seventh consecutive decline. S p sank. 6 . Strong dollar and Lower Oil Prices are once again wreaking havoc on the stock market. Just like it did earlier this year. Until we got that nice respite in july, a respite that sadly now seems over. So how the heck did we end up back in this ugly situation . What are we supposed to do about it . Why dont we start with the key culprit . Oil. Oil declined 20 from its recent highs which qualifies as a bear market. Whatever thats worth. Its remarkable how little investors seem to care as oil plunged from 50 down to 40. The whole market moved higher. Often led by none other than the oil themselves. This paradoxical action culminated in oil crashing down to 41 last friday. The same time many oils as well as the broader s p 500 moved higher. But as of this week, that decoupling, it no longer seems to be the case and as oil blew through today, most of the market rolled over including glaringly many industrials, technology and consume
For example. And on the streetlevel, for example, i think the master lessee will have opportunity for retail, especially food and dining to spill over on the pedestrian side of natoma way. So there is there are some parameters in terms of where we think in the first and second floor the retail needs to be situated, but also there is a tremendous amount of flexibility in terms of the what could happen and in terms of merchandising that the master lessee could recommend. This is a view of the natoma pedestrian way, where there is the predominant amount of restaurants and retail. I think you have seen this before. This is shaw alley is the gap that you can kind of make out, that leads through to the north side to the minnow street side and closer view shows what we have as a facade, what we call popouts, which are the proposed entrance areas into the realize spaces that could be for individual retail spaces or if a tenant came in and wanted two full bays or something, they would only need
[ gavel ] can i call us to order. Good, call this meeting of the Transbay Joint Powers Authority to order for thursday, december 10th, would you call the roll, please, medal secretary. And ill go ahead and note director sartipi has a conference and welcome director gee. Present. Director kim. Here. Kim present. Reiskin. Present. Mohammed nuru. President harper present as well and mr. President you have a quorum and per the concurrence of the board well call the closed session, followed by the regular calendar and return back to items 37. Excellent. So at this time you are scheduled to go into closed session pursuant to Government Code Section 54956. 8. Well go ahead and clear the room. The tjpa board of directors meeting of december 10th, 2015 is now back in open session and Council Counsel will report on closed session. Item 16 conference with Real Property negotiators related to assessors parcel number Listing Properties all known as parcel f, the tjpa will be executing terminating t