Slowing economy. Joining us for the hour, stephanie link great to have you. What do you make of this market right now . I have fatigue over trade i really do. Its impossible every day it changes. So im trying to ignore it and focus on fundamentals. Today i thought we got some good data on the economy. The philly fed better than expected vince were better than expected meaning he they went own maybe were bottoming. Lets see the flash pmis tomorrow existing home sales up 5 yearoveryear good consumer, lets talk retail earnings have been very good Minus Department stores and some one office. I think that bodes very well for the consumer fatigue over trade but excitement over m and a. Very much so. Im still excited by trade. Im more excited about bristolmyers closed earlier than expected. Thats a great story for 2020. So theres a lot underneath the surface to this market of whats going on and thats what im trying to focus on versus trade. Lets get straight to that big story, the potential c
All right. Ladies and gentlemen, good morning the meeting will come to order this the regularly the Budget Finance Committee excuse me board of supervisors budget finance subcommittee im supervisor cohen chair of this committee and to my left is supervisor katie tang and to my right is supervisor yee and our clerk mr. John carol and linda wong thank you jesse larson and phil jackson from sfgovtv so for assisting us today madam clerk, any announcements . Devices. Completed speaker cards and documents to be included should be submitted to the clerk. Items acted upon today will appear on the may 2 board of supervisors agenda unless otherwise stated. Thank you very much call the first item Revenue Bonds or commercial placing the total Principal Amount of San Francisco International Airport subordinate commercial paper notes for any lawful airport. Thank you id like at a call kathy from the airport to make a brief presentation on this item. Good morning chair cohen im kate hartley with the
Districts and then under state law the agencies had a period of time to pay that money. We did that. Then with dissolution, the funds that had been borrowed are to be, and have been, repaid to the housing successor. Even though we have significant housing obligations still, the general idea for most redevelopment agencies it should be wound down by now and not be doing [inaudible] is certainly not Affordable Housing. So the idea was that the housing successor to the Redevelopment Agency, which obtained all the housing assets in the outstanding loans and all that, would get this, this loan, if you will, to receive the payments from the successor agencies and then use it for Affordable Housing of the housing successor built. So the so the 2 million a years repayment for those prior loans thats now going to the city . Its going to ocd tobacco into their housing fund, Small Sites Program . It goes into a Fund Designated under state law as the Affordable Housing asset fund. Thats created by
Blaze under control. And more breaking news. Out of Southern California police say the man accused of shooting and killing two officers in palm springs. Has been arrested. This is new video showing other palm springs Officers Holding at procession outside a hospital late last night. The neighborhood where the officers were s lockdown just hours ago. Thats bececause police say the suspect was barricading himself inside the home for nearly 12 hours. Police say they were originally called out. For a domestic dispute. A third officer was also wounded during the shooting. The condition of the wounded officer isnt clear. Good morning las vegas. Im lesley marin. The time now is. Lets get started with a check of your first alert forecast with 13 first alert meteorologist greg bennet. Good morning greg adlib forecast looking just about the same for las vegas as yesterday but high temperatures are increasing slightly to the lower 90s. 88 to 93 degrees will be common throughout the valley with ma
Over the weekend for all of clark county for blowing dust. Expect high temps in the mid 80s today. The system will move out of the area by sunday night, but on monday morning and high temps will top out in the low 80s both monday and tuesday. Highs will warm by a degree or two for friday and the start to next weekend. This morning, were getting a look at the man arrested for that shooting on the i15. Randomly shooting two people including a 40yearold woman who has since died from her injuries. Her husband was also hit but is stable right now. Police say mcdonald fired shots at 3 random vehicles on southbound i15 yesterday morning. He then fled to a cvs near assaulted a woman inside the store. Officers were called to the scene and a k9 unit eventually took mcdonald down. He was transported to the hospital for dog bite injuries and was taken into custody shortly after treatment. People who saw mcdonalds arrest say customers were running out of the cvs yelling the man had a gun. 153428 ji