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It required 2 3, and we were able to do that. Very fortunate in our city to be able to have that. And, of course, improving our Public Transportation. Muni continues to be a challenge because of its infrastructure and its debts, and we will continue paying attention to that, and that is why we have got to be always investing in our future, and transportation is a huge part of that, but we have been very successful in gaining federal grants for that in the past, but also making sure we can build infrastructures like the central subway that are well on its way, and you will see a little bit of construction the taurus, but you will see in the near future that we will be able to bring people north and south quite easily in our new subway. I would say to you, as Business Leaders here, that im going to be about investing in innovation for our city. Weve got to innovate our ....
try to do to improve it, and how i can cooperate with oakland. i want to thank all of you because you played a great part in our economy and what we do and how we do it. i am happy to be here this morning to join all of you, and i am thrilled to be able to do this again. a year ago, i stood before you, and i had only been in office for seven weeks as the interim mayor of san francisco. the unemployment rate in our city was 9.5%. our city was faced with about $380 million deficit, and we were struggling with how to meet a rising and increased cost in our pension and health-care obligations. a year later, our city has come together to tackle pension reform and balance the budget. most importantly, we put people back to work. in the last 12 months, we have created jobs for more than 17,300 san franciscans, bringing our unemployment rate to 7.6%. that is the third lowest behind marin county and san mateo, but i will tell you this as i study marin county and san detail, yo ....
business, no one is going to come to a city where the signal of the mayor with the board of supervisors for the lack of working together signals less than sure confidence that it is a good investment working with your city. that is what is attractive but sen francisco. i will continue making that very strong, and everything i do everyday will be to continue to create jobs in our city. thank you very much. [applause] thank you, mayor lee. and to welcome their mayor jean quan, ed wasserman, who is very active in this community. [applause] i want to join in the welcome to all of you here on this valentine s day, a day for all of us to cherish our loved ones, including our love of our cities, which is what we re talking about this morning. wendell rosen is a law firm founded 103 years ago in oakland at 12 and broadway just across the street. we are still at 12 n. broadway. we have a little better view 24 floors up, and we are proud to be in oakland, and we are growing ....
that they serve all of our neighborhoods in the city. we have enjoyed a very lucky vote past november where our paving and streets that will produce $240 million of anchor for our streets repaving but also for infrastructure in our streets that allow you need to move faster, less congested, our curb ramps for persons with disabilities, a number of street park with that will be had. bike lanes that will allow our bikers a lot of them want to be able to have dedicated green lanes. all of that has anchored into a very strong vote, one that was very difficult to pass because it required 2/3, and we were able to do that. very fortunate in our city to be able to have that. and, of course, improving our public transportation. muni continues to be a challenge because of its infrastructure and its debts, and we will continue paying attention to that, and that is why we have got to be always investing in our future, and transportation is a huge part of that, but we have been ....