Doctor Robert Redfield as director for the center of Disease Control and prevention he with others give a response before the House Foreign Affairs committee. Members have covered coronavirus spreads and whether china is cooperating with un officials. This is just over two hours. [inaudible conversations] the subcommittee will come to order. First off, i appreciate the audience patience and given. We dont control the voting schedule so thank you and the witnesses. Without objection all members have five days to submit statements, extraneous materials for the record subject to lengthy and limitations in the world. I will now make an Opening Statement and then turn over to the Ranking Member for his Opening Statement and i want to thank the Ranking Member for his longtime friendship and partnership in this issue and also thank the members of the cbc and Senior State Department officials for taking the time to come up here. Obviously this is a very timely subject. This is our second heari
[inaudible conversations] the subcommittee will come to order. First off, i appreciate the audience patience and given. We dont control the voting schedule so thank you and the witnesses. Without objection all members have five days to submit statements, extraneous materials for the record subject to lengthy and limitations in the world. I will now make an Opening Statement and then turn over to the Ranking Member for his Opening Statement and i want to thank the Ranking Member for his longtime friendship and partnership in this issue and also thank the members of the cbc and Senior State Department officials for taking the time to come up here. Obviously this is a very timely subject. This is our second hearing. A couple weeks ago we had the first hearing in congress on the coronavirus and this will be my second hearing. I think about this issue based on my background but more importantly, as the former chief medical officer for sacramento in charge of the system and as a faculty memb
Clerk mr. President , you have a quorum. President yee thank you. Would you please join me in the pledge of allegiance. [pledge of allegiance] president yee on behalf of the board, i would like to acknowledge the staff of sfgovtv, colina and michael, who record each of our meetings and make them available to the public online. Today, i would like to start off maybe saying a little bit, but not much, just to make sure that people understand what this is. This is a hand sanitizer, and which is very easy to use. If you either use this or soap, either, its healthy, and you can keep your loved ones healthy. If you want to find out more information and find out how the city is responding, you can go to the website, sf72. Org. Sf72. Org. So now that im all sanitized, we can begin. Madam clerk, are there any communications . Clerk i have none to report, mr. President. President yee okay. Colleagues, today we are approving the minutes from the january 21, 2020 special Board Meeting and the janu
Assuming im reading that. The portion of the cash they hold and they relay more cash that they hold and its probably not calculated. Its not the notion. This is causing confusion. Those are my questions. Any further questions. This is not an action item. Public comment. Just one question last year . The motion would be recommendation with approve of july. We made our First Investment in october. We asked you to bring it back a second time. July was the second time. It was originally presented in april. Thank you. Sorry commissioners. In the past, the only need treat Asset Classes and they are stock bonds and real estate. Go back 100 years and they have averages seven and a half to 11 for the past 100 years. What they didnt tell you when it was stock and bonds let me give you year to date on the total bonds index year to date returns, total bond index 8. 77 . Then i would like to give you the returns of the s p 500 500 for the past 10 years. 13. 78 . And 6060 and index and 6440. Year to
Really quickly. Everybody come on up. In november of 2016, california voters passed proposition 64. The adult use of marijuana act. San franciscans overwhelmingly approved it by nearly 75 . And the law went into effect in january of 2018. [ ] under californias new law, adults age 21 and over can legally possess up to 1 ounce of cannabis and grow up to six plants at home. Adults in california can legally give up to 1 ounce to other adults. In the state of california, we passed a law that said adult consumption is legal. If you are an adult and in possession of certain amounts, you will no longer be tried. You will not be arrested or prosecuted for that. That is changing the landscape dramatically. [ ] to legalization of cannabis could bring tremendous economic and social benefits to cities like San Francisco. This industry is projected to reach 22 billion by the year 2020. And that is just a few years away. It can be a huge Legal Industry in california. I think very shortly, the actual