So, we want to at least build the foundation for something that can be ongoing. Oewd believes they can manage that and implement it. I think in hearing from the board of supervisors and briefing them and speaking with them, the businesses are feeling the pain so they want to see the money get out as quickly as possible. So i think we increase the proportion that will go directly to grants in response to that concern. Any other questions before i open it up to the public for Public Comment . Chair, i guess im just having a hard time drawing a bead on this. Who would want a loan if they can get a grant . I mean, who asked for the loans . The guys who are, i mean, i dont understand. Just i think the criteria right now for the grants, only available after the 24month project is delayed. The recommendation is for loans to be available at the inception of the project, which is a difference. That makes the loan more attractive. Attractive to help them sustain during the period of time when co
Construction sites clean. That was the biggest, biggest concern, and so we made sure in our Construction Contracts that there is a specific condition that they do that, and that inspectors and resident engineers regularly check and make sure there is compliance, ambassadors will inform project managers or resident engineers if we are not complying. We have hired a fulltime person who will manage the program in the m. T. A. Daytoday, working specifically with project managers on developing specific plans prior to construction, so we are ready to go on day one as soon as construction starts. And we are also working with oewd, the point of todays discussion on finalizing some of the technical aspects of the program. So, here is some specific examples of projects, central subway project you just discussed, twin peaks tunnel, probably the first project where we fully implemented the suite of Different Things that we would do in this particular project and the van ness improvement project, s
This is more of an oewd thing, if a landlord needs to do the seismic retrofit work, maybe it happens, maybe they know up front so they can stage it during some of the worst time of the construction, something to think about, its a little more complicated. If somebody is planning a giant project anyway, good time to do it. Yeah, i know one of the challenges in general with the seismic work, there was not a requirement landlords put anything in the leases to tenants about that. So, us being better than that standard would be great. Mr. Rose, im leaning towards the grant loan mix as being sort of a preferred option. Is there anything about that, that we should know that wouldnt be seems giving people more options is going to be better. Anything about that that is a drawback to it . I think the only the reason that we recommended it up front was because again we want to consider this to be at least to have a sustainable source and something longterm citywide we can consider how to keep it
Around the world will remain available. Global stocks struggle as the u. S. And canada prepare to resume tough nafta talks in washington where officials are also preparing fresh tariffs on another 200 billion of chinese goods. Facebooks Sheryl Sandberg and twitters jack dorsey get ready to testify on capitol hill but google owner alphabet declines the request. And amazon joins the trillion dollar club briefly the stock surges to over 2,050 a share, double its value 15 months ago we have some numbers coming out on eurozone composite pmi services ill bring those to you in a moment weve been watching for this following on from the numbers last month were looking now at the final composite pmi of 54. 5. Thats against the flash released of 54. 4 thats against the july number of 54. 3. Lets look at the european markets. Generally we can see across that board a lot of red the stoxx 600 looking to be down around twothirds of a percent at this stage in the morning if we look at the european mar
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