Good morning, everybody. Welcome to the board of supervisors Budget Finance Committee for monday, may 2, 2016, my name is mark farrell chairing the committee and joined by supervisor katie tang as well as supervisor norman yee and joined by supervisor wiener and supervisor wasserman thank you longing o london and sfgovtv for covering this meeting madam clerk, any announcements . Yes. Please silence all electronic devices. Consent calendar we have relative a long agenda well get to it call item one. Declaring the intent of the city from an expenditure of bonds into submitting an application for the Allocation Committee for the issuance of mortgage Revenue Bonds not to exceed 419. 77 south van ness avenue item two the resolution for the city to grumbler procedures from the in depthness for the Allocation Committee for the Residential Mortgage revenue bond not to exceed one hundred Million Dollars plus and the intent of the city for the in depthness and submit an application to the califo
As well as supervisor norman yee and joined by supervisor wiener and supervisor wasserman thank you longing o london and sfgovtv for covering this meeting madam clerk, any announcements . Yes. Please silence all electronic devices. Consent calendar we have relative a long agenda well get to it call item one. Declaring the intent of the city from an expenditure of bonds into submitting an application for the Allocation Committee for the issuance of mortgage Revenue Bonds not to exceed 419. 77 south van ness avenue item two the resolution for the city to grumbler procedures from the in depthness for the Allocation Committee for the Residential Mortgage revenue bond not to exceed one hundred Million Dollars plus and the intent of the city for the in depthness and submit an application to the california Allocation Committee for the permit the issuance of market not to exceed 76 million for lower street and sunnydale avenue and next the expenditure from the bond in depthness and submit on a
29yearold Matthew Ryan Desha is a marine who served overseas in iraq. Neighbors here say matt was a quiet nice guy. Kathleen considered matt a close friend. He suffered from ptsd from his time spent fighting overseas. Thats what must explain the unexplainable. He was always a sweet never expect him to do Something Like that. Say if somebody was attacking you. I think when the car flipped, hes been in the car war mode. Reporter we spent time looking over his criminal record. At 5 00. Cleveland 19. Thanks, denise. Were also getting answers about the rifle he used. Were only getting a partial picture at this point. The investigators have yet to tell us exactly what kind of rifle. What they have told us is this was a 5. 56 millimeter rifle. What does that tell us . Only tells us the size of the car tragedy. Here it is a round. This would have been the kind of round. By looking at this, our next question is this specific to an Assault Rifle or hunting rifle . Thats just it, were not sure at
The unfunny weekend racial joke is still on page one. She visits al sharp top today and an anniversary video is mysteriously dropped. Then theres this, politics british style, this is the one thing i miss. I didnt receive a proper answer then. Maybe dodgy dave will answer it n now. Order, order order, order [laughter] order . Ashley called the Prime Minister dodgy . You can. And theres much more to come. Varney company is about to week earned, got that. And the markets are rallying. The dow is up about 80 points. Check the price of oil. Lets start there. It hit its high for the year yesterday, and 42 a barrel. Were going to find out how much oil weve got in storage in the next hour and this morning, there is confusion over that weekend meeting of oil producers. The saudies say they will not even talk about production cuts, the price of oil is down 40 cents this morning. How about gasoline, look at, oh, i read this and i wince, jumping more than 2 cents overnight, the National Average i
Just ahead, flying friendly skies this summer make it a little easier. We will tell you about the tsa controversial plan to shorten wait times at the airport. An entire city in flames. The catastrophic wildfire showing no signs of slowing down. The details on this continued fire. Just ahead in the state of emergency. Tesla focused this morning reported earnings last night still losing money and production of concern. Ceo elon musk is watching closely. He keeps a sleeping bag at his fact jury. Those stories and more coming up. Looking in a show where we see the market pretty much muted trading session in opposite directions. The nikkei is still closed as well. Markets in korea closebrace holiday. Markets edging higher in the u. S. Are also looking up what might be a higher open. The ftse in london, caci france or higher. This is what weve got now. Dow futures at 55 points, nasdaq futures training to the upside as well up 16point. Here is our lovely panel this morning. With me for the sh