Mr. Rush i want to thank you. My next question, along the same line. Underrepresented communities need to have more than just the approach of [indiscernible] universities. It needs to be included. Another area thats often overlooked is the contracting opportunities that help expand businesses that do business with the department of energy, particularly in the minority communities. How would this budget request for the office of Economic Impact and diversity aid the department in promoting Job Opportunities in high schools and the University College level . But also promoting contracting opportunities for minorities who want to contract with the department of energy . Secretary granholm the budget request of 34 million for this effort reflects our effort to provide historic support for underserved communities. Our office of Economic Impact and diversity is making sure that we are fulfilling the justice 40 requirements and that we are looking, for example, to our labs to help increase ou
Hybrid meetings. Public comment will be taken on each item on the agenda. Those attending in person will be allowed to speak first and then take those waiting on the telephone line. If you wish to provide comment remotely the call in information is scrolling across the screen. You will hear meeting discussion and muted in listening mode only. When your item comes up and Public Comment is called, those in person should line up to speak and on the phone dial 3. If you are on the telephone please turn down your tv and listening devices. You may submit Public Comment in writing in either of the following ways email to myself, alisa. Somera sfgov dot gov. If you submit writern Public Comment it will be forwarded to the commissioners and included as part of the official file. Thank you. Please call the roll. Chan, present. Fielder, present. Preston, present. Singh, present. Williams, present. Madam chair, you have a quorum. Thank you. With that, madam clerk, please call item 2. Item 2 is app
Ill speak fairly quickly. In so far as project Developers Need to have Equity Ownership stake, [indiscernible] maybe access federal funding for incentives, elective pay plays with this pretty well. With elective pay, projects become cheaper to develop because elective pay does not count against the basis of the project. When putting the project together the cost of capital is a term used to describe the return the project needs to pay back a lot of the lenders, especially debt investors. By offsetting the cost decrease the cost of Capital Needs to finance the project and combined with financing public bank you can lower the cost of capital to make sure the project is bankable to develop for coinvestors and participants in the development. Next slide, please. This is similar version of the previous slide where ultimately a public project with San Francisco public bank support and maybe with the support of other Public Solutions like the California Infrastructure Bank [indiscernible] cou
Administrator gives an update on the agencys Emergency Response and Recovery Efforts following the wildfires. Reporters question White House Domestic Policy Council director and white house Senior Advisor john podesta on the Inflation Reduction Act. Really good afternoon, everyone. Right. Apologies for the delay. We had the administrator was actually briefing the president in the oval office. So we wanted to make sure that she was ready to go and the president got the briefing that he needed before we came out. So apologies for a late start in the briefing. So in a minute, you will hear directly from the fema administrator on how the Biden Harris Administration has mobilized a robust whole of government response effort to support immediate and long term rescue and Recovery Efforts in maui. Hawaii. First, as the president said yesterday, we are praying for those who lost so much who lost loved ones, their community, their businesses, their households. We are also incredibly thankful to
Remotely the call in information is scrolling across the screen. You will hear meeting discussion and muted in listening mode only. When your item comes up and Public Comment is called, those in person should line up to speak and on the phone dial 3. If you are on the telephone please turn down your tv and listening devices. You may submit Public Comment in writing in either of the following ways email to myself, alisa. Somera sfgov dot gov. If you submit writern Public Comment it will be forwarded to the commissioners and included as part of the official file. Thank you. Please call the roll. Chan, present. Fielder, present. Preston, present. Singh, present. Williams, present. Madam chair, you have a quorum. Thank you. With that, madam clerk, please call item 2. Item 2 is approval of the lafco minutes from january 19, 2024 regular meeting. I dont see any name on the roster at this moment, so it is great if we can go to Public Comment on this item. If we have individuals in person who