Welcome, everyone. Press mute if you come on to the phone. The first item on the agenda i dont want to be muted because the people need to speak. For those of you who are just joining you, this is the march 17th, 2020 Commission Meeting and were doing this for the first time using microsoft. Please excuse us if we have any technology issues. This process may be different than we normally do. If i may, i may move on to item 2, the approval of the march 3rd, 2020 minutes. Do we need to do a call to order and role call . Yes, thank you. So ill start with you, commissioner. role call . Well move on to item 2, the approval of the march 2 minutes. Reviewing the minutes of the previous meeting, does anybody have a motion to approve . So moved. Second. All those i in favor . Do we need to do a role call . role call . Thank you. Item 3, the directors report. The directors report is in front of you and i would ask that if you have any questions, of course, im happy to answer them, but given that
Please excuse us if we have any technology issues. This process may be different than we normally do. If i may, i may move on to item 2, the approval of the march 3rd, 2020 minutes. Do we need to do a call to order and role call . Yes, thank you. So ill start with you, commissioner. role call . Well move on to item 2, the approval of the march 2 minutes. Reviewing the minutes of the previous meeting, does anybody have a motion to approve . So moved. Second. All those i in favor . Do we need to do a role call . role call . Thank you. Item 3, the directors report. The directors report is in front of you and i would ask that if you have any questions, of course, im happy to answer them, but given that the majority of our meeting with focus on covid19, i will not need whats in front of you, but im happy to answer any questions you see fit to raise at the time. Any commissioner questions . Im not receivining a Public Comment request. Commissioners, if not, we can move on to the next item. I
Technology issues. This process may be different than we normally do. If i may, i may move on to item 2, the approval of the march 3rd, 2020 minutes. Do we need to do a call to order and role call . Yes, thank you. So ill start with you, commissioner. role call . Well move on to item 2, the approval of the march 2 minutes. Reviewing the minutes of the previous meeting, does anybody have a motion to approve . So moved. Second. All those i in favor . Do we need to do a role call . role call . Thank you. Item 3, the directors report. The directors report is in front of you and i would ask that if you have any questions, of course, im happy to answer them, but given that the majority of our meeting with focus on covid19, i will not need whats in front of you, but im happy to answer any questions you see fit to raise at the time. Any commissioner questions . Im not receivining a Public Comment request. Commissioners, if not, we can move on to the next item. Item 4, the coronavirus update. S
Sf gov tv. Any announcements, madam clerk . Please make sure to silence all cell phones and documents to be included in the file shall be submitted to the clerk. Thank you. Can you please call item number one . Resolution with section 147f of code 1986 as amended, the execution of loans by the California Municipal Finance Authority in one or more series pursuant to a plan of financing and in aggregate amount not to exceed 20 million. I continued this item for more information from the school and thank you very much to San Francisco for providing this committee with more information about their institution. And i would like to open this up for Public Comment and seeing none, Public Comment is close. I would like to move this to the board with a positive recommendation. If you can take that without objection, thank you, colleagues. Madam clerk, please call 26. Item 2, a ground please for 1. 6 acres of shoreline property for open space for a term of 66 years at an annual base rent of 1. N
Coronavirus confirmed in the u. S. New york, new jersey and connecticut are banning all gathering over 50 people and closing dine in restaurants and bars following that recommendation from the cdc. U. S. Airlines are seeking 50 billion dollar in government assistance and if approved, it would be the industrys first broad bail out since after the september 11th attacks we have full Team Coverage this afternoon. Bob is monitoring conditions at the new york stock exchange. Rick is out at the cme watching the bond market. Bob, well begin with you. Third trading halt in the last six trading sessions. Thats this morning after the open 9 30 or so. 15 minutes the s p down 7 these trading halts have, at least, served to slow the markets down a little bit and do bit put a bit of a break on things well keep an eye on that. Were continuing to see this bifercation in the market. Health care and staples are out performing this has been the trend since thursday here. Market gainers, if you look at so