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Thank you president. We can go to item 4 for election of the president and vice frezdant of the board of commissioners of the Housing Authority of the city and county of San Francisco. This is according to the bylaws the annual meeting, the 4th thursday every february and according to the bylaws, the president and Vice President shall be elected at the annual meeting and hold officeserve until remove or successor elected and qualified. At this time, i like for a motion to nomination of president. A motion for Joaquin Torres to remain president. Second. Sounds good. Mr. Joaquin torres do you accept the nomination . I accept the nomination wholeheartedly. Thank you. Before we go to vote, is there any Public Comment ....
Peoples. Thank you president. We can go to item 4 for election of the president and vice frezdant of the board of commissioners of the Housing Authority of the city and county of San Francisco. This is according to the bylaws the annual meeting, the 4th thursday every february and according to the bylaws, the president and Vice President shall be elected at the annual meeting and hold officeserve until remove or successor elected and qualified. At this time, i like for a motion to nomination of president. A motion for Joaquin Torres to remain president. Second. Sounds good. Mr. Joaquin torres do you accept the nomination . I accept the nomination wholeheartedly. Thank you. Before we go to vote, is there any Publi ....
Our main story is the bank of englands view that Interest Rates will probably rise earlier than expected because of strong growth in the global economy. The key lending rate has been left unchanged at half of one per cent. But the banks governor, mark carney, said that increasing growth in the year ahead meant that action would be needed to control inflation. The pound surged leapt in value against the dollar, as our economics correspondent andy verity reports. If the whole economy performed like this manchester maker of branded clothing, its biggest problems would be almost solved. Its growing fast, exporting to europe and boosting productivity through investment. And while inflation caused by the weak pound boosted its costs, its been able to absorb out and carry on winning new orders. The last 12 months, weve grown by 20 in the uk but europe has been much stronger than that, so we have more than doubled the growth rate in the u ....
That could push back whats the long state for cleanpowersf. I know there are members of the public who have concerns about that, but before we dive in, i just want to acknowledge that we have made tremendous progress on cleanpowersf this year. Weve actually had an rfp that successfully drew in many respondents. We didnt have that many respondents the last time we issued and rfp and indicated some really good choices to move forward on. I want to move forward and i believe this is shared by all the commissioners here. We all want to move forward as quickly as possible. So today, we really want to see how given the circumstances that we are operating under how we can do that and how we can stay as close to our timeline as possible. The thing that is looming more quickly before us is the approval of the contracts now that weve had a successful response to the request for proposals, and i would like to make sure that we can actually sign those and do whatever we need to do in terms of appr ....