Good morning and welcome to the San Francisco county Transportation Authority monthly meeting, im scott weiner the share of the authority, would you call the roll . Commissioner avalos . Present. Breed . Here. Campos . Absent. Coen . Present. Farrell . Ab scent. Kim. Here. Peskin present. Tang, present. Weiner present, commissioner yee . Yee is absent and we have the quorum. Okay, we will go to the chairs report, colleagues i would like to again by reporting that our transportation Charter Amendment revenue measure and proposed sales tax increase have been placed on the ballot as propation jand k. Each one requires a majority vote of the voters to pass during the summer, contra and santa clara also put on to sales tax on the ballot. In addition to barts regional bond measure is on the ballot and all three part counties, San Francisco, alamena and contra costa and the city of oakland, and ac transit are also going to the voters to approve local measures all of these measures are needed
Brothers, wall street code for its the end of the world as we know it. So today when we learned that the Justice Department might be on the verge of settling with deutsch bank for a substantially less amount, for just 5. 4 billion, basically what the bank had already set aside to deal with its legal costs, that took the armageddon scenario off the table and the market roared higher, dow rocketing 165 points, s p soaring 1. 8 , nasdaq pole vaulting 1. 8 . Thats as good a place to start our game plan as were going to find. On monday hopefully the Justice Department and deutsch bank will agree to a settlement that doesnt exceed the 5 billion to 6 billion that deutsch bank has set aside for it. If thats the case, we should come into mondays session with a nice wind at our backs. More later about how things really work behind the scenes in these kinds of things. I think you should hang around. I think youll like it. For now lets just say a deal would be immensely positive giving the huge nu
Brothers, wall street code for its the end of the world as we know it. So today when we learned that the Justice Department might be on the verge of settling with deutsch bank for a substantially less amount, for just 5. 4 billion, basically what the bank had already set aside to deal with its legal costs, that took the armageddon scenario off the table and the market roared higher, dow rocketing 165 points, s p soaring 1. 8 , nasdaq pole vaulting 1. 8 . Thats as good a place tar find. On monday hopefully the Justice Department and deutsch bank will agree to a settlement that doesnt exceed the 5 billion to 6 billion that deutsch bank has set aside for it. If thats the case, we should come into mondays session with a nice wind at our backs. More later about how things really work behind the scenes in these kinds of things. I think you should hang around. I think youll like it. For now lets just say a deal would be immensely positive giving the huge number of hedge funds that are short t
Commissioner avalos . Present. Breed . Here. Campos . Absent. Coen . Present. Farrell . Ab scent. Kim. Here. Peskin present. Tang, present. Weiner present, commissioner yee . Yee is absent and we have the quorum. Okay, we will go to the chairs report, colleagues i would like to again by reporting that our transportation Charter Amendment revenue measure and proposed sales tax increase have been placed on the ballot as propation jand k. Each one requires a majority vote of the voters to pass during the summer, contra and santa clara also put on to sales tax on the ballot. In addition to barts regional bond measure is on the ballot and all three part counties, San Francisco, alamena and contra costa and the city of oakland, and ac transit are also going to the voters to approve local measures all of these measures are needed to be part of the streets and Transit Systems continue to require repair and vinestment and we cannot wait for the state and the federal government to take up the ta
Next big rail lines and we are glad to see them partnering with the agencies on the solution to reduce the crowding on the systems including the various, incentives and this pay lot program, the trip to a less busy time, such as before or after the morning peak rush hour, and about the passengers who do shift the travel times could earn the points with the fun online game, 16,000 sign ups and 29,000 in rewards, to providers were optimistic about this program and i thank you and that concludes my program remarks. Colleagues any comments in is there any Public Comment . Seeing none, Public Comment is closed. We will move to item three, the executive directors reports. Good morning, commissioners. Executive director, chang is on a jury panel for the new bus terminal and so keep you postd on that. You sh you had have the executive directors reports in front of you. And i will highlight a few of the items that were not addressed by the chair already in the chairs remarks. But it seems like