Items to introduce. One is something that came out of our Office Effort collectively where all our Staff Members took the nurt training, the neighborhood training sponsored through the San Francisco fire department. After concluding that training we realized there are things quee do in the city to improve people who are especially tenants living in multiunits buildings from better understanding how to be safe in a emergency. Todays legislation amends the San Francisco fire code and require building owners and Home Owners Association with 5 or more units to post fire Safety Information to residence and well also have to have the legislation through the state in order for their approval but whatory legislation will do is Property Owners post on each floor written information such as location of fire extinguishers emergency exists and location. Gas shut off valves. In addition the Property Owners need to send to new tenants information about smoke alarms, how to confirm they are working,
On site units by priced at 75 percent of the max. To clarify the requirements for designated units in downtown districts affordable to house holds of 120 percent of ami and 150 percent of owner and meet the monitoring and procedures for affordable units under the Affordable Housing program and afirm the department and sequa determination and other findings just for clar tee i heard you say 68 and 69 were not afforded by understanding is 67 and 68. Thats right, 67 and 68 were not forwarded today thank you for that clarification. Supervisor avalos thank you i want to thank the land use fit xhity for restoring this legislation back to its original intent to clarify inclusionary Housing Program will apply to Group Housing projects. Group housing is housing that does want include a individual kitchen for each dwelling unit like a boarding house. The Housing Program was created in 2002 and the program is base odthen fact more luxury housing increaseathize needs for low income worker squz the
Other sister agency. Its a meritorious move. You said is, quote, good people operating in a flawed system. Would you explain that . Sure. There is a misalignment between the incentives that a person giving advice has and the best interest of the consumer. So, for instance, again, getting back to the tofels, if you have four or five different products under the current suitability rule that are suitable and product the first product, the variable annuity generates 26,000 a year in fees and another product, which would have a comparable return has a fraction of those fees, you have per verse incentive to steer them to the product that generates the most fees. And again, that is totally permissible so im not casting aspersions on the person that does it. Im saying thats not right. And we can device a system and i underscore what i said in my testimony, theres a substantial number of people, including one of the witnesses who will come up on the next panel, that operate under a fiduciary m
Barcelona, you are out of luck. Yields moving down by 10 basis point and a softer stock market in spain. Down by 1 led lower by financials. Also watching brent crude up by 1 with the home of barkindo speaking Mohammed Barkindo. They say come join us in a cut, we need you. Jonathan lets head to spain. A moment of truth for catalonia. The president is expected to address lawmakers today. The National Police force is set to be ready to arrest him if he declares independence. Maria tadeo is in barcelona where she has been for the past few weeks. Get us up to speed. Maria two things you need to know. One is that is about to give a press conference. He will address the parliament at 6 00 p. M. , but there will be a press conference at 1 00 p. M. Nothing unusual. There is a story we put on the terminal, our very own scoop saying theres a unit of Spanish Police that will be ready to arrest him if they think it is necessary. That means if we get a declaration of independence. The whole Parliame
Allocated between the parties and in no event shall debate continue beyond 11 50 a. M. Each member other than the majority and minority leaders and minority whip shall be limited to five minutes. The chair recognizes the gentleman from pennsylvania, mr. Thompson, for five minutes. Mr. Thompson thank you, mr. Speaker. Mr. Speaker, yesterday i had the privilege of touring pennsylvanias only stateowned twoyear Technical College, Thaddeus Stevens college of technology, named after an individual, former member of congress that served in the era of Abraham Lincoln in this chamber. I was pleased to be in lancaster with my colleague, representative smucker. Thaddeus Stevens College of Technology Provides a bridge out of poverty for some of the poorest citizens of pennsylvania through a highscale, Technical Education. Graduates are filling the skills gap in america as there is a 99 placement of graduates of its highdemand programs. Founded in 1905, Thaddeus Stevens college of technology educate