I hope that you will as well. [applause] i hope that that gave you some food for thought, the idea here about things that we will talk about in the breakouts. We have got some food and beverage out there. I know that we have drinks, cookies, even sandwiches. It should be in room a, one of our breakout sessions. Take this opportunity to use the west the restaurant and find your own way. Thank you. Rest room and find your own way. Thank you. San francisco is home to some of the most Innovative Companies of the 21st century. This pioneering and forward looking spirit is alive in San Francisco government as well. The new headquarters of the San Francisco Public Utilities commission at a5 25 golden gate avenue is more than just a 13story building and office ablation. Instead, city leaders, departments and project managers join forces with local architectural firms ked to build one of the greatest Office Buildings in america. Thats more than a building. Thats a living system. When San Franci
San francisco is home to some of the most Innovative Companies of the 21st century. This pioneering and forward looking spirit is alive in San Francisco government as well. The new headquarters of the San Francisco Public Utilities commission at a5 25 golden gate avenue is more than just a 13story building and office ablation. Instead, city leaders, departments and project managers join forces with local architectural firms ked to build one of the greatest Office Buildings in america. Thats more than a building. Thats a living system. When San Francisco first bought this land in 1999, it was home to a state Office Building. This was an old eightstory Brown Building the state owned and the workers comp people were in that building. It was an old dee correctvth it building for decades. When i was a member of the board of supervisors, all of us wondered why we hadnt done anything there and the mayor thought the same. If an earthquake happened, the building was uninhabitable. It sat there
Enough to discharge into the San Francisco bay and pacific ocean. In 2006 the puc was planning a Record Number of projects. The Public Utilities commission is a very infrastructurerich organization. Were out there rebuilding the water system. Weve budget working on Power Generation in the country. Weve been doing sewer for the city. Were looking at a brandnew rebuild of all watt systems in San Francisco and we havent had a home thats been other than mental. They staff over 900 people. The puc is in two office locations. You know, this is such a great place for a building. If the puc owned that building and we could make that the icon i can sustainable building puc represents, wouldnt be a dramatic idea . So, one of the major decisions we made was we wanted to make a statement with this building. We wanted this building to be a lead Platinum Building which is very few buildings in San Francisco that achieved this mark. Leadership and Energy Environmental design, it takes a look at the w
Most of which will be in trescy notes that will come to end of the year. And we will look at Investment Options at that time. But looking at the economic out look and what we think that Interest Rates may do in the future as well as cash flow needs we probably will choose investments with short maturities so we can month forward. I am happy to answer any questions. Any questions . Seeing none, thank you. Is there any Public Comment on this item . None that i am aware of. Okay. Do you have a motion on item number 12. It is informational. I am sorry. At this time, we are done with our special calendars. So i will take a motion to convene and to closed session, is there a motion to do that. So moved. Second. So we will at this time. Convene into closed session. So we do ask the members of the public to please exit the room. And no members of the public did indicate that they did want to address you on the item. My apologies about that. If there are any members of the public that want to a
Departments and project managers join forces with local architectural firms ked to build one of the greatest Office Buildings in america. Thats more than a building. Thats a living system. When San Francisco first bought this land in 1999, it was home to a state Office Building. This was an old eightstory Brown Building the state owned and the workers comp people were in that building. It was an old dee correctvth it building for decades. When i was a member of the board of supervisors, all of us wondered why we hadnt done anything there and the mayor thought the same. If an earthquake happened, the building was uninhabitable. It sat there vacant for quite a while. The city decided to buy the building in 1999 for 2. We worked and looked at ways that we can utilize the building for an Office Building. To build an icon i can building that will house a lot of city departments. The San Francisco Public Utilities commission has an important job. We provide clean, pristine public Drinking Wa