Page 39 - Ted Egan News Today

Will San Francisco, New York and other big cities recover from COVID-19? What a post-vaccine city could look like Marco della Cava, USA TODAY As COVID-19 vaccines roll out, what will US cities look like in a post-pandemic world? Replay Video SAN FRANCISCO — Rory Cox shudders each time he steps outside the doors of his YuBalance fitness studio. “It’s a damn ghost town,” said Cox, 37, whose three studios have seen an 80% decline in business since the novel coronavirus hit ...

Heres how California and S.F. will benefit from 2020s IPO riches FacebookTwitterEmail 1of6 Traders on the New York Stock Exchange watch DoorDash’s worth climb to $72 billion on its first day of trading as a public company Wednesday.Courtney Crow / New York Stock ExchangeShow MoreShow Less 2of6 Brian Chesky, CEO of Airbnb, is shown on an electronic screen, center, at the Nasdaq MarketSite, Thursday, Dec. 10, 2020, in New York. The San Francisco-based online vacation rental company holds its IP...

help our low income residents to be green as well? i appreciate the effort in that route. so im happy to support this with recommendation out of committee as well. >> thank you for your comments. i a bit of housekeeping. i believe when supervisor campos articulated the amendments from the city attorney that was on one version. there is a second version supervisor kim articulated. there are two versions. we have taken a vote on the motion to accept the amendments articulated by supervis...

realize and opt out later. my concern is for individuals that cant afford to do that. i do appreciate the programs who have a 20% discount for participating low income customers. the other issue is how can low income residents afford to be green. if they cant go to the farmers market, how can we help our low income residents to be green as well? i appreciate the effort in that route. so im happy to support this with recommendation out of committee as well. >> thank you for your comment...

have the program be self-sufficient, pay for itself. remove the citys contribution. >> we could do that. we would probably urge you not to. just because, again, it is what you -- we have spent so much money for so much less value on so many programs to say this is the first program that has huge value. we intend to spend no money to make it work. just doesnt seem to make a lot of sense but would be a policy call. >> this would be something you could phase i want? >> yes. >> in the rate...

your house, unless you have large batteries in your basement, you say you are solar powered but you are not at night. you are putting power in the grid, using it in the day and taking out brown power at night. but over the 24-hour period or seven-day week you are putting in hopefully just as much as you are taking out but doesnt work every hour of every day. wind doesnt blow the same, we dont release water from the dam the same. when you look at power you have a bit of a broader view. ...

putting in hopefully just as much as you are taking out but doesnt work every hour of every day. wind doesnt blow the same, we dont release water from the dam the same. when you look at power you have a bit of a broader view. if im putting a unit of clean electricity into the bathtub and taking a unit out, im going to make the assumption that im adding as much as im taking out that. is the only way you can deal with discussion of green or brown power in california, unless you have exte...

go from $9.50 to $11.50 a month, so a $2 increase for higher end. of course it goes higher. on average it is about $4 or $5 more per customer per month. we thought it was reasonable amount the city could kick in. it could be changed. >> so that is something we could as policy makers choose to do, is say lets have the program be self-sufficient, pay for itself. remove the citys contribution. >> we could do that. we would probably urge you not to. just because, again, it is what you -- w...

you are limited to that stream, plus anticipated revenue of the new facility. that gives you the real big bump. this gives you the seed money. >> can i ask, when you folks were thinking about this and structuring it, the idea about the stabilization fund is this would be rate stabilization but also beginning point for which you create the revenue stream, you start to create the ability to bond and create generation in the future. was there ever a conversation around why with the way th...

you could phase i want? >> yes. >> in the rate-setting process could you say you would phase in customers actually paying for their reserves? >> instead of the average of 5% raise it could be higher than that and start to capture that. yes, it is possible. >> supervisor campos. >> thank you very much, madam chair. i understand the point. i think what mr. harrington said is true. we are getting a big bang for the buck. the residents are close to 100 million and 6,000 plus. i do think ma...