Doing great work in the neighborhood. I mentioned at our october 23 hearing that it may be potent l potentially possible to fund this work through our Community Facilities district. We need to explore the legal and policy ramifications, but the potential to do such things extends the program to the plan is personally very exciting. The second item is the need to increase Operation Maintenance parks and facilities, as well as rec park and others to identify the Funding Sources. The third is a need for neighborhood cleaning services, which identified to us from supervisor kims office. And well talk about prevailing wages. Weve been in conovversation wi organized labor on this and one option comes through the newly signed legislation of the state ab73, which allows cities to create sustainability districts if theyre paid for the construction work. We dont really fully understand that and will continue to work with people to see if its a viable option. That concludes my presentation. I loo
[inaudible conversation] [inaudible conversation] [inaudible conversation] [inaudible conversation] [inaudible conversation] [inaudible conversation] [inaudible conversation] the meeting will come to order without objection. The chair is authorized to declare recess at any time. This hearing is entitled examining the sec agenda operations in fy 2018 budget request. I now recognize myself or three minutes to give an opening statement. I warn everybody i will take a lot longer because there is unanticipated news. First, before proceeding to the purpose of this hearing, i do want to know for all my colleagues that as we begin this hearing today, in 318, b3 18 of this very building, the rayburn building, our friend, our colleague, the Great American hero and patriot sam johnson is being honored by having that very room b3 18 named after him. I think we all know he is a decorated war hero who served his nation with great courage, great valor in korea and vietnam and spent seven years and ex
I said we would do as many of them as we could. Weve basically set the agenda for the rest of the year and into january. You dont see any i dont see any lastminute rushes. I intend to carry out the agenda i outlined in february of 20 1y50i6r 16 as much as i can. In the bloomberg report, it says u. S. Consumers are increasingly defaulting on loans made online. They talk about delinquencies and default reaching key levels known as triggers, four different sets of bonds reaching those levels. To start paying down bonds early. My first question is, are you aware of this with regard to the on line lending loan that is secure these bonds and are having some problems . I am certainly aware of the reports of those issues. Our space is the investors in the space, not the lenders. They become relevant in terms of what the assets are underlying those investments. In the article, it talks about breaching these levels instead of making new loans to find more new or more expensive funding to scale b
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