5. 3 increase in estimated favorable claims experiences in the dental plan. Reduction of a Million Dollars in medical Insurance Premium revenues after the early retirement Reassurance Program is applied. The account for filing claims. We still dont have because our run out period has not ended, we still are not 100 percent sure how everything is going to end up working with it forward. We still feel like we are going to have this increase in forfeitures. 9 million in interest, point 3 million guaranteed paid by blue shield and 4 million general transfers to general fund. We started out with having a 77 Million Fund Balance and together well end up, we think well end up around 100 million balance in the trust fund. We are looking at, if you look at, we have to reevaluate, but based on what weve been carrying in terms of obligation and reserves it was 28. 6 million. It was 131 million. I need to update my numbers to make sure there are no other things hanging there like in june. I dont t
Supportive of that. One thing that i have noticed is that we have not heard from the sfpuc or from any other source that i know of exactly what is going on right now with the shell contract. That was put on holdback in august and we have not heard. I think we should ask sfpuc to clarify whats going on with that. As far as the whole thing, i think the key here is that even if the sfpuc gets considerably more involved and starts doing it own work on build out and cleanpowersf and gets back in the game. I think back where we let them take the ball back. This is the moment where we need to lafco stay the drive of this. This is politics. The key with the sfpuc is that as an Enterprise Agency that is in charge of rate payers and keeping the system secure, they are mandated to be secure about this. Lafco can really push the envelope in developing an rfp that will face the compliment crisis and we need to you keep this inhouse. Supervisor john avalos thank you. Hello commissioners. Chad hose s
The amendment provides a rent to the port and the third amendment is subject to the board of supervisors approval and it brought before you because the term, the rent consider exceed the rent portion perimeter. That concludes my presentation thank you. So moved. Second. Is there any Public Comment . Any discussion by commissioners. Well autistic desk is a great client or tenant to have so we are going to say all in favor i. I. Item 10 the issuance of San Francisco Revenue Bonds to fund certainly improvement in the aggregate privilege not not to exceed 30 million not to exceed 12 percent to the indid you form an opinion of trust between the board and trustee and 3 the negotiated sale pursuant to a bond purchase contract and to enter into the Contract Team and 5 the form of a bond purpose k5k9 nooifd not to exceed and through the interest costs. Good evening. Im here this evening with christen chu our financial viruses and bond council and given the late hour i will try to make that as b
Mayor ed lee. Thank you, thank you all clapping wow. What a crowded room as it should be. I want to thank our work supervisors and our treasurer we get to swear in later today and department headings heads and the members of our assessor offices and members of the Community Past and present members of our board as well. As also, of course, carmen and thank you for the parents of carmen chiu being here and husband and sister thank you for being here as well, and aunt. This is, of course, a month meningitis occasion ive known carmen in my professional life and many of you know her weve worked with her in the Mayors Office ages ago and then when she was pickled to be the representative for 4th district it takes encourage to be a supervisor in a district and also to agree to work with each other and try to find grounds of co less than and agreement and provide lisp for the residents. Shes demonstrated that leadership in her capacity as a leader and when the opportunity came from a graduati
Consent calendar. And these items are considered routine, and the staff are not planing to present these and if a member would like to sever an item for discussion, we can do that. All right. Thank you very much. So would anyone like to sever this item . Would any of the commissioners like to sever an item. It looks like there is no interest in that. So we can continue. Okay. Thank you. Is there a motion . Okay. There is a motion made by tang, and seconded by david chiu and passes. Number four, to Authority Executive direct tore execute an amendment to the memorandum of the agreement to the Treasure Island Development Authority for the i80 Yerba Buena Island interchange Improvement Project to did he ever the initial loan payment by one year. And this is an action item. Good morning, Deputy Director for finance and administration, we have been working with the Treasure Island Development Authority on the development of i80 Yerba Buena Island Improvement Project for five years and, back