Page 7 - Allocation Fund News Today

Streetscape it to the direct fund at this point there is more work to be done as we get the structure in place it includes staff and consultants we can evaluate the combination of one or the other. I do want clarity does it mean that staff comes back prior to making the investments come back to the board to propose whatever percent or a giving the staff the authority to go 5 percent directly or are they come back prior to those decisions. Commissioner stansbury said i think i said it was listed ...

To explain where you would put any money into an unwise have you ever known there are clearly all of the. 30 seconds. Well be here to hear our decision were not going away we have our calendars marked every month for this meeting thank you clapping. if no other Public Comment ill close Public Comment and call item 2. Item 2 an action item approve the minutes of january 14th retirement Board Meeting. Is there a motion of adoption. Ill move. Open up for Public Comment on item 2 seeing none, Public...

Stephanie is going to be here a little bit later. We are going to begin this hour with breaking economic news. Two pieces of key data coming out with economic and decatur street and the university of Michigan Consumer confidence. University of Michigan Consumer confidence. It comes in and the secondhighest since 2007 easily beating estimates of 95. 9. The forecast was for monday for 94. A big jump in expectations going higher. People think the economy is getting better. Heres what is really goin...

Acres the retirees was have you heard so many passionate pleas for your responsibility youve been very patient listening to us thank you for that many of my coworkers had to leave because theyre working but many are staying to the bitter end of the month to month we want you all to explain where you would put any money into an unwise have you ever known there are clearly all of the. 30 seconds. Well be here to hear our decision were not going away we have our calendars marked every month for thi...

With all of this Global Selling starting after weaker than expected ism numbers. It was a big drop. It dropped from 56 to just over 51. Massive unexpected decline and that really started things off. At the end of the day, the dow was down sliding 326 points to close below its 200day moving average. Also, the s p 500 losing more than 4 had . And the nasdaq dropped 106 points, to close below the 4,006 level. Where does that leave thus morning . At least at this point, the futures have been bouncin...

City departments, we feel like we feel as if we would like to wail until the final report has been finally vetted before we determine what portions of funds could go to what solutions as acquisition and rehab, subdifficulties. We talked about many different solutions. As youll see in the report, these looked at Public Private partnerships in conversations with private philanthropy i. Were in conversations with the tech industry. Were in conversations with the real estate to look at vacant or sur...

[speaker not understood], affect our health care costs. The next thing is going to be how our rents are going up and we cannot simply continue to provide services as they are now unless something is done about the cost of living increase. We asked the mayor to fund the cpi this year. We would prefer to take it out of the annual politicized process and have it be something that the city would ultimately institutional eyes through some mechanism so those increases could happen in a rational way th...

Of Emergency Management agrees with those recommendations. Well be very happy to come back and provide an update. Thank you so much. You know, i know that this has come back to the Budget Committee several times at this point. I think its great that were updating our radio system that is out of date and, you know, probably is not as efficient as it could be. Also doesnt currently comply with fcc standards. Im glad were able to do this finally. But i still continue to have a lot of questions. We ...

Found the Strategic Plan using the learnings from the first round of the funding and taking into consideration the rapidly changing environment of the neighborhood. The chair of the cac will tell you more about this plan following my comments. The revised plan says that the firm work for the rfp issued earlier this year on july 9th, the rfp included four program areas. Number one, the development on housing Coordination Program, two, a neighborhood and business Coordination Program, three, a Com...

And the same with the would you accept this recommendation by the budget analyst . The department of Emergency Management . Yes, supervisors, department of Emergency Management agrees with those recommendations. Well be very happy to come back and provide an update. Thank you so much. You know, i know that this has come back to the Budget Committee several times at this point. I think its great that were updating our radio system that is out of date and, you know, probably is not as efficient as...