Its the fed on a day where the fed presented the monthly heati lly meeting, surprise we heard endless chatter how the stock market is in a bubble of the feds making. After a good day, the dow gained 160 points and nasdaq fell to 1. 35 . You need to know that i think this is totally nuts yeah, right. The all powerful fed created an environment where equity is the only asset class worth owning and bonds are for suckers. Its our central bank with the illuminati and free masons im sick and tired of hearing were in a bubble that the feds over inflating the price of stocks by printing money to keep the economy moving believe it or not, there is more to the economy than the Federal Reserve and certainly more to the stock market first, im not saying the fed doesnt matter of course, its important. They could raise shortterm rates to five and that could crush the stock market that would make the bears happy. I can hear them coming on air and praising the fed for giving investors a reasonable al
I am public works. We are public works. [gavel] all right. Welcome to our Land Use Committee meeting on monday, february 5, 2018. Im katie tang, the chair of the committee. And were joined by new vice chair supervisor jane kim. Welcome. Welcome back. And, of course, returning member ahsha safai. Our clerk is victor young. And thank you to s. F. Gov tv. Any announcements . Yes. Please make sure to silence all cell phones and electronic devices. Completed speaker cards and any documents to be included as part of the file should be submitted to the clerk. I would like to note that we currently have a quorum of the board constituting a quorum. I forgot to mention, were joined by fewer, yee, stefani as well. Im going to ask you to call item three out of order because we need to make some amendments. Item three, please. Item number tlaoe. Ordinance amending the planning doed accomplish the gear rimasonic special use district in the area generally bounded by the geary boulevard to the south,
Than to flood the glen park station. Im just wondering if that has been explored. Some of our riders they just want the quickest route. I think its a great point. We could anticipate customers that are ambivalent between the enjuda, or the 44. Thats part of the customer information that well make available. We also will have this loaded into the next bus, so the trip planner should also help People Choose the faster route for them. In addition, the k line service will bring people to balboa park b. A. R. T. And the m line bus service, folks dont want to go inbound can go outbound to balboa park b. A. R. T. But those are long trips with stops. I guess what im just getting at is lets just take we west portal as the focus point. Now for this inconvenience, youve got to go to the pepes westport al. We shouldnt be drawing maps from the board chairs, i get it, but ive got the communications of it. This is just one thing where i will say, i just want to make sure its considered, because i thi
Board constituting a quorum. I forgot to mention, were joined by fewer, yee, stefani as well. Im going to ask you to call item three out of order because we need to make some amendments. Item three, please. Item number tlaoe. Ordinance amending the planning doed accomplish the gear rimasonic special use district in the area generally bounded by the geary boulevard to the south, masonic avenue to the east and assessors parcel block numbers 1071, lots numbers 1 and to the north and west. Thank you. Supervisor stefani, the new sponsor of this item. Thank you, chair tang. Colleagues, thank you for hearing this item today. Im thrilled to put the final touches on this project that has taken over two years to get to this stage. I was ah aids when this first came to district two and it is great to see how far this project has come. This s. U. D. Allows it to go from 21 ewe it in units to 91 units while remaining the same size. It goes from three to 22, that is more affordable units than the to
Storefronts are vai cants or abandoned. A number we thought would be relatively easy to get. But it was not in a number of reports and measures made by both city agencies and, of course, private sector real estate companies. But none of them capture the totality of all commercial buildings and storefronts and their vacancy rates. We can get certainly a lot of information about downtown commercial properties and their van can si rates and we can get commercial spaces throughout the city that are not receiving mail. The office of economic and Workforce Development does just commercial storefronts. But for 24 commercial corridors only. So, it is still not the citywide rate. On this chart, you can see some of the rates that are reported and tracked. Oewd reported 5 as a whole for the 24 quarters they track. 8. 2 by the city controller for commercial vacancies downtown in 2016. And the u. S. Postal service, as i mentioned, which reports all commercial addresses that are not receiving mail f