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[roll call] clerk we have a quorum. Madam president , i want to make a couple of announcements. First, i want to let everybody know that closed session will not be heard today. Due to the covid19 Health Emergency and given the Public Health recommendation issued by the San Francisco department of Public Health and that Governor Newsom and mayor breed have lifted on teleconference, this meeting is being televised on sfgovtv. Please note that there is a delay between live and what is being viewed on sfgtv. If you wish to make Public Comment on an item, dial 14156550001, meeting i. D. 1467101398, pound, pound. To raise your hand to speak, press star, three. P ....
New home which means seniors can continue to pay their prop 13 tax values as if they had never moved. Remember, the prop 60 is a one time tax benefit, and the Property Value must be equal to or below around your replacement home. If you plan to purchase your new home before selling your existing home, please make sure that your new home is at the same price or cheaper than your existing home. This means that if your existing home is worth 1 million in market value, your new home must be 1 million or below. If youre looking to purchase and sell within a year, were you nur home must not be at a value that is worth more than 105 of your exist egging home. Which means if you sell your old home for 1 million, and you buy a home within one year, your new home should not be worth more than 1. 15 million. If you sell your existing home at 1 million and buy a replacement between year one and two, it should be no more than 1. 1 million. Kno ....
[drumming] [cymbals] [cymbal] ladies and gentlemen, please welcome sheriff matt freeman. Thats a great way to kick off a party and celebration. Ladies and gentlemen, lets hear it for the San FranciscoPolice Department lion dance team. [applause] my name is Matthew Freeman and im the undersheriff for the city and county of San FranciscoSheriffs Office. And it is my honor and my pleasure to serve as your master of ceremonies for todays event for this auspicious occasion, and i cannot tell you enough how happy the men and women that wear this uniform are of the person we are going to swear in as sheriff today. [applause] and welcome to San Franciscos crow ....
Good morning, everyone. The meeting will come to order. Happy new year. This is january 8, 2020, regular meeting of the budget and finance committee. I am supervisor fewer. I am joined by supervisors walton and mandelman. I would like to thank sfgovtv for broadcasting this meeting. Madam clerk, do you have any announcements . Pleplease silence your cell phones. Items today will appear on the january 14th agenda unless otherwise stated. Thank you very much. I want to welcome everyone to the first Budget Committee meeting of 2020. I did want to note the committee will be recessing today before 11 00 a. M. So you may attend inauguration of mayor breed. We will reconvene after the inauguration to finish the agenda. Can you please call item one. Resolution approving and authorizing 50 year lease with one option tone the Port Commission and tzk broadway llc at seawall lots 323 a ....