Board of supervisors agenda unless otherwise stated thank you. Mdm. Clerk all item 1 is item 1, 2016 issuance by water Revenue Bonds [reading ordinance] thanks very much for our puc is here to speak good morning supervisors chairssf puc. The item before you this morning is a request for your review and approval of Revenue Bonds for water enterprise. These bonds are meant to fund our Water System Improvement Program were what you may know as the us which is a Multiyear Program to rebuild our Regional Water system. I have some slides to share with you to go through. If we could go to the school slides please . This transaction i will walk through some details on that. Ill talk about the sources and uses of the funds. We plan to use the money. Ill go within the board resolution before you today. I will talk a little bit about the transaction documents which as you know with these sorts of transactions theres a lot of different documents to review. Ill describe those. I will go through som
[gavel] good morning everybody and welcome to the San Francisco board of supervisors budget and finance Committee Meeting for wednesday, october 26, 2016. My name is mark farrell all be chairing this committee. Im joined by supervisor katie tang and supervisor norman yee. I want to thank the clerk of the committee and sfgov tv for covering the meeting today. Do we have any announcements . Please silence all cell phones. Items acted upon today will appear on the november 2 board of supervisors agenda unless otherwise stated thank you. Mdm. Clerk all item 1 is item 1, 2016 issuance by water Revenue Bonds [reading ordinance] thanks very much for our puc is here to speak good morning supervisors chairssf puc. The item before you this morning is a request for your review and approval of Revenue Bonds for water enterprise. These bonds are meant to fund our Water System Improvement Program were what you may know as the us which is a Multiyear Program to rebuild our Regional Water system. I ha
Want to thank you for being here today and i think everyone in attendance is required to by some healthy food out from blue market. Thank you so much for being here. [applause] commissioner president loftus id like to call roll is commissioner president loftus commissioner Vice President turman commissioner marshall commissioner mazzuco commissioner dejesus commissioner wong commissioner melara ask excused commissioner president loftus we have quorum also with us the intern chief of Police Toney Chaplin and joyce hicks. Okay. Good evening and welcome to the wednesday, november 2, 2016, Police Commission meeting im going to make changes to the agenda given the length of the agenda a long closed session handling discipline matters one and 2 to our meeting next week and go ahead and start with general Public Comment. So Public Comment will be two minutes given the length of the agenda and the anticipated number of speeches. Item 3 the public is welcome to address the commission on items n
Nasdaq up about point six cents. 6 . It has been leading because of apple. Lets look at the 10year note. What we have seen as a contrary reaction. You got a fairly benign report, so one would think that we would have seen an increase, yet that is not the case. We have seen an acceleration of the decline and yields. A Similar Movement and the u. S. Dollar. The bloomberg dollar index moving lower in the wake of the fed statement, as we can take a look at the dollar index, you see a decline for it. There you go. First spiking up, then down with little change. , pricing inhe wirp the Interest Rate changes. In particular, i am paying attention to the december meeting. 43. 6 . Ow, we are at here it is in breast terms. It has come down a little bit, the probability for an increase at the december meeting. Went as high as 50 in the wake of the statements, but now back down. Vonnie julie, thanks. Bloomberg surveillance anchor tom keene is with us. Tom vonnie, thanks so much. William grosses wit
Some breaking news on pending home sales in june. Lets head straight to the market desk where julie hyman has been one and the data. Julie weaker than estimated. 2 . Crease of two on the one hand, we have very low Mortgage Rates and on the other hand, rising prices seems to be offsetting any gains from the historically low Mortgage Rates. Coming in below estimates for the month of june. In the meantime, we see all three major averages higher. In the meantime, we have been watching apartment landlords on the real estate front. Stocks been watching like Equity Residential which came out with earnings earlier. It seems as though the issue for many of these companies is manhattan in san francisco, they are seeing greater than equityated weakness, residential cutting its forecast for the third time this year, offering a lot of incentives to renters to try and get them to rent here. Are under pressure and i just want to pair that with the pending home sales number we just got. It is interest