Million alone and closer to now be a total of 883 million of essential Capital Improvements. We think of our capital as both essential. You have to do it in order to keep thing just running and the low cost power coming into city hall and funding all the street lights, the General Hospital and the muni. And then also there is a lot of other Capital Projects that youll hear about during our Budget Hearing that we would like to be able to do, but theres just not funding identified yet. So, youre going to hear Capital Needs in excess of a billion dollars. Mountain tunnel alone i mentioned earlier is one that is about 6 28 million, and this tunnel has been in operation for 80 years ~ with little maintenance at all. And its a function of how well it was built and being built through granite. Additionally, to the expensive and not aging infrastructure, we have benefited significantly as a city from very low cost of distribution rates. An Interconnection Agreement settlement in 1987 with pg e
Amounts through first the real estate transfer tax increase that was done in 2010 and then making sure that we had a Revenue Generating gross receipts tax. Those monies that have come in have actually enabled muni to increase its baseline support from the general fund. And, so, ive been really making sure that we can actually have the support for muni through raising revenue. In this case were talking about 325,000 that is or potentially 800,000 that could be what we could bring in from having the wraps. But im not hearing that there was any real effort to forego those funds or forego the wraps to negotiate them out nor the digital ads. Could you talk about what had happened in those negotiationses . Okay, sure. Through the president , and i do appreciate those efforts since i know there is a lot of larger context around this contract, i thought i would provide some as well. But to answer your specific question after the Committee Hearing when we had that feedback, we went back to the
Being her hes been looking this issue for a number of most since december 18th findings of last year. He anticipated this hearing but certainly he would want to take part in the vote. Ill make the motion to back up that motion and hopefully, well have all of us here to weigh if in on the issue. Theres discussion about the appellants going to the court of appeals to decide this it makes sense were all part of the decision colleagues on the motion to continue any discussion . Should we vote on the motion to continue . Ill vote on the motion to continue chiu. Supervisor farrell. Supervisor kim. Commissioner tang. Supervisor wiener. Supervisor yee. Supervisor avalos. Supervisor breed. Supervisor campos. There are 4 is and 6 months further discussion on the underlying items supervisor farrell we are focused on a Pilot Program for 18 months. Its not going to be a panacea. We need to take in my opinion a long view here in San Francisco about what we are going to do with the shuttles and also
The pucs power enterprise was balanced the last two. Previous to that it was not balanced and it showed a shortfall. But it did you point out that it is relatively straightforward if we dont have more revenues to pay for costs, we could only buy what we can afford to. So, here again now, we fast forward two years three new pieces of information mean costs even larger than what we have ever assumed. Mountain tunnel was already in last years capital plan [speaker not understood]. It was in it for the last several as far as the maintenance work, but it was in at 100 million of cost. With the potential for collapse of the mountain tunnel which would disrupt the water supply and a recently completed engineering study, though costs have gone upwards of 6 28 million ~. So, that, sir, is new, and i do understand that that would be a very surprising and large change. The Interconnection Agreement expiration, though costs have always been in our tenyear plan, but not to the recently filed and he
It is for people my age disorienting. For people, my children and grandchildrens age is the only america they have known and the most natural thing in the world. You can watch this and other programs online at booktv. Org. The wonderful thing about the gulf coast, is so underappreciate it and that is good because it gives us a lot to write about. If we were in new York San Francisco or chicago those cities and places are all so well known and new york is the literary capital but on the gulf coast we tend to think about from texas to the Florida Panhandle there really is instability, we have a similar environment, similar trees, long leaf pines, palm trees, sandy soil, salt in the air. The gulf of mexico and nourishes and supplies us with wonderful seafood, estuaries, wonderfully rich and tradition and culture. In and around these things for hundreds of years, it is an extraordinarily rich subject to take and of course along comes the oil spill in 2010 where all of a sudden we are in ce