Private equity on track for a record year fundraising, we got the woman in charge of Goldman Sachs clients, alison mass, her first tv interview ever. Very much looking forward to that. Lets begin with the top market story with the equities pulling back on new details about Congress Tax Reform plan. Ylan mui has the latest on what could be a delay in its implementation ylan kelly, republic b cans considering phasing in the reduction of the corporate rate according to bloomberg news. Under this plan the rate couldnt get to 20 until 2022 one word of caution here, the tax bill is still final yet. 20 corporate rate is one of president trumps red lines in this debate. White House Press Secretary Sarah Huckabee sanders appeared to throw cold water on the phasein idea this afternoon the president laid out his principles and doesnt include the phasing in were sit committed tothat moving forward, but, and i dont have any reasonable the reason this is even coming up is republicans have a revenue
Enclosed substation. As part of this agreement, weve been talking a lot with pg e about their properties at the foot of portrero. There are a lot of uses that got a switch yard that aligns in red with an open switch yard and they have an industrial use for dirt recycling near the ports property. We have done something about those uses that would house mixed use development on the east shoreline. This is an open to the east bay station is what you have in the industrial areas. You will note in mixed use neighborhoods these types of facilities are enclosed. In terms of the license terms between the port and pg e they will be licensing for submerging property for a 26 year option. They will be paying the port 23 million between now and january 2015 the system would have the right to relocate the line subject to certain conditions. I showed you that switch yard, the open air switch yard, the city would have the right to prefer to be screened or encloseded in the building. Well work with th
[speaking foreign language] thank you very much. Next speaker, please. I guess its afternoon now. Good afternoon supervisors. Again with the parks alliance. Im speaking in support of the San Francisco reservoir. As weve heard this is a once in a lifetime opportunity in a densely populated area. It will serve the community very well for now as well as into the future. We strongly support this acquisition today and thank you very much. Thank you, next speaker, please. Hello, my name is gene lack man and retired schoolteacher. Our family moved to San Francisco in 76. We raised our children there and loved it. According to an article in the marina times. It states that san jose has 25,000 people per square mile. San francisco has an astonishing 877,000 people per square miles. As our cities population increases and we build more high rise units, it is essential that we as human beings have a place to play, to run, to relax, to picnic. The Francisco Park is for all of San Francisco. This ar
New park. My experience in working with the families in the neighborhoods, chinatown doesnt have a lot of open space. This is whats needed and i thank you for bringing all the children to this brand new park. Thank you. Thank you very much. Are there any other members of the public who wish to speak on item no. 2 . Seeing none. Public comment is closed. Colleagues, i want to thank you for sitting through this item and as all the Public Comment and as has been mentioned this is a project thats been talked about for decades, six plus years and through my office with a lot of work and the parks and Recreation Department and puc. I appreciate your hearing involvement from all the community and a lot of people have taken a lot of pride on whats happened and excited for the future. I want to thank you for your support and specifically margo kelly from my office. We would not be here today without her help and dedication to this project. Our budget analyst has recommended a few items. Colleag
Ymca. Chuck collins our present ceo has written a letter in support of this. We are looking forward to this new park. My experience in working with the families in the neighborhoods, chinatown doesnt have a lot of open space. This is whats needed and i thank you for bringing all the children to this brand new park. Thank you. Thank you very much. Are there any other members of the public who wish to speak on item no. 2 . Seeing none. Public comment is closed. Colleagues, i want to thank you for sitting through this item and as all the Public Comment and as has been mentioned this is a project thats been talked about for decades, six plus years and through my office with a lot of work and the parks and Recreation Department and puc. I appreciate your hearing involvement from all the community and a lot of people have taken a lot of pride on whats happened and excited for the future. I want to thank you for your support and specifically margo kelly from my office. We would not be here to