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June 20, 2024
A really low layer of fog of putting ride along the water and that little bum bright their otherwise were doing pretty good here. Although weather front heres a breakdown of what we can expect today. Temperatures though will be in the 60s here in about an hour for some spots. By 70s and even a few low 80s. A great way to enjoy much outside. And at 3 this afternoon will look for temperatures to be in the mid endeavor 80s. And temperatures along the bay in the mid to upper 70s potentially so that ...
June 20, 2024
Stay with us as we follow the stories here. Down day for oil prices. Now Goldman Sachs is predicting 75 a barrel. Sometime next year. Consumers win, of course, if that happens but who loses . The list might be longer than you would imagine. Coming up. Speaking of earnings, twitter is out with the results of one hour from now. The stock down nearly 25 this year but its done better in the last couple of months and the ceo is here exclusively to talk earnings and why investors are down on the compa...
June 19, 2024
But we begin with correspondent peter doocy in wilmington, delaware with the latest. Good evening, peter. Good evening. Fences went up to secure ace perimeter around the chase center in wilmington even though most of the big speakers are not coming here, including Michelle Obama, who just became the first person ever to deliver the marquee speech on a night at the convention before it even started. He was a terrific Vice President. He knows what it takes to rescue an economy, beat back pandemic ...
June 19, 2024
Potential risks a supervisor breed said, digging into the Budget Stabilization reserve or other reserves. What are the risks involved . We can provide more information on this. The city does like everyone else, goes through economic cycles, revenue cycles up and cycles down. Proposition a and the policy that followed were meant to insulate the city; when times were better more money could be saved. The city adopted a rainy day reserve in 2004 which provided helpful relief during this period but ...
June 19, 2024
To be a good budget time in comparison to the past because revenues clearly are going up. I want to make sure that i understand what this means in terms of opening the door to these reserves and what how that is used, i personally dont really understand all lot about it necessarily. And what it means in terms and if we open it up to use it, are we opening it up to use it all or some of it . But also, i want us to be responsible with how we allocate resources. I think that there have been savings...
June 19, 2024
Helpful relief during this period but our analysis at that time indicated that we needed more to avoid really Significant Service cuts streaming down the economy. We can never predict when that downturn will occur which is part of the challenge frankly a budget revenue projections but we do know that when it does occur, having adequate reserves help us carry us through to the extent possible. Although we have improved at this level indiscernible from a highlevel perspective the concern that crea...
June 19, 2024
Possible. Although we have improved at this level indiscernible from a highlevel perspective the concern that creates for us and the mayor and the board in adopting this policy was the you have less money available at the exact moment in time when the demand for Public Services tends to be the highest . When unemployment is higher . When the economy sucking down . I think that is what this reserve was intended to get to. We specifically commented on two different reserves, the litigation reserve...
June 19, 2024
Resolution, 14. 01, the first of the year and is passes thank you. Item 7 a request approval of the operations agreement with the phillips 66 company, granting phillips 66 authority to operate the refinery site in rodeo, california as a Foreign Trade zone number 3 subzone site for term of five years and the three options to extend for five years each for outlining the conditions from the operation of the subzone site. Motion in so moved. Second. Any Public Comment . Seeing none, all in favor . A...
June 19, 2024
Indication of the location of the water front site. Before you, it was an area view of pier 70. And the area for the water front site is the one indicated in blue. And here is the water front site itself. And you generally by the 20th street and michigan street, 22nd street, and San Francisco bay. My presentation that i am going to try to make it as brief as possible since all of the details are in the staff memorandum on this item. And a very quick product update, what is included in the propos...
June 19, 2024
And if you bear with me it is worth mention s what all has transspired in the two years that you two have served so generously and it is obviously has been an marque period in the celebration of the 150th anniversary and the 2013 and the long awaited cruise ship terminal and the warf and as well as the public realm on jefferson street, they are all achievements which were lost for generations and we also have been the beneficiaries of the bay lights on the bay bridge and the new floor up here an...