And there is no the general manager to request the mayor and board of supervisors approval of a spill appropriation of 1. 79 million. Steve richie. Assistant general manager were here requesting the approval for the gun site clean up the clean up of the led shot between 1994 as a result of the gun clubs activities waltz the carbons associated with the targets that were used up in 2000 clear up as proposed is going to a level that will 0 allow unrestricted use of the property in the future thats our goal theres a cost increase notice this is largely due to an expansion of the clean up area and it was larger than originally looked at it needs to be add to the clear up area one of the things weve done as well, not recorded in here weve done an eco management and it can say that there is not a need we see to clean up the led that is underwater at this point at that time, it is unavailable to the receptor terrors well not have to do additional clean up but maybe some further investigations
Thousand gallons to achieve a reduction and we did that it is below but the grass is full the water is needed this year and its a tribute to our customers both inside and outside of San Francisco but looking at next year our customers did really well, this year but the 10 percent conservatism needs to continue into 2015 we will be in april before we know what next year about turnout ive mentioned another or above per television station well be above it and if we say a year similar to 2007 we have to keep Going Forward but if we have a bad year well Start Talking about this to how to plan Going Forward but 20 percent given the amount of savings weve achieved in the last 15 years its going to be a challenge but if we will have to we have to im available to answer questions thank you very much. Thank you very much. Okay. With that, that ends my report. Okay item 9. Item 9 is a barn oversight annual report and audit finding. Good afternoon, commissioners im kevin the current chair of the r
Get develop the relationships early as well you know be quick in terms of timing and motorcycling with that in terms of the strategies that our team as well as in conjunction with the Investment Team 59 spurs has been working collaboratively in identifying the right opportunity to target for terms and getting in and making the introduction working all understandably from you know relationships from your staff and cambridge to help develop those and get those allocations on the investment side its a very interesting market on the private investment we continue to search for pockets of values and as well as adding to areas where the Systems Program is relatively light in the explore if i could turn you to page 3 a snapshot of where the program is today here we have some graphs on the bottom and the bottom will show on the left hand the Equity Program and the right side is excluding your investment the responsibility has been called adopt and paid in by the system your First Investment in
Calculated and need to save 8 thousand gallons to achieve a reduction and we did that it is below but the grass is full the water is needed this year and its a tribute to our customers both inside and outside of San Francisco but looking at next year our customers did really well, this year but the 10 percent conservatism needs to continue into 2015 we will be in april before we know what next year about turnout ive mentioned another or above per television station well be above it and if we say a year similar to 2007 we have to keep Going Forward but if we have a bad year well Start Talking about this to how to plan Going Forward but 20 percent given the amount of savings weve achieved in the last 15 years its going to be a challenge but if we will have to we have to im available to answer questions thank you very much. Thank you very much. Okay. With that, that ends my report. Okay item 9. Item 9 is a barn oversight annual report and audit finding. Good afternoon, commissioners im ke
To turn to page 2 ill admit some of the highlights on page 2 Human Resources in terms of performs the performance private equity on a basis has been strong since the a strong contributor to our overall pool 2014 was a productive year over 900 million from the system just for private equity excluding Energy Private investment that compares about 340 million from the year prior in terms of number relationships our system added 9 new constrained managers and we under wrote 11 existing relationships definitely in terms of the the xoifl relationships were back to the underwriting and through that an evaluation of some we passed on or the system passed on in terms of allocation the private equity system remains under the 16 percent of our equity is if we remove the Energy Private investments that are anticipated to be transferred to 9 program that actually drops down the private percentage to 11 percentage and there are several reasons for this two of the main be ones thats been a robust of