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Very conversant with private entities coming to the city at Moscone Center and other venues to put up trade shows. We anticipate hopefully this would be the case in americas cup and so far i can say its been a great disappointment. As we speak, if you go down to the piers right now, there are banners proclaiming the americas cup. We are the signage display union. That is what we do. If you see the banners on moscone, we put them up. We had great difficulty streamlining the process so our contractors can get involve in the project, see the plan and understand. We have had one company that has told us that they were in line for a contract with a construction of what look like in a rendition here, you can go to the slide, the front part of this is kiosks and signage. That company is in alameda. That business is gone away. We dont know who is going to build it, we dont know who is going to install t. Can you give us a streamline clear ....
And we were at 80 of new entry level hires regardless of salary. Another requirement is 30 Small Business participation. Whats Small Business . I mean, i profess not to really understand that. What have we done if we looked at all of our vendors . 41 of all authority [speaker not understood] is local. We go further. 31 of Americas Cup Authority staff, skilled, unskilled, entry level or specialist, are all local. I think pretty importantly, 51 of all vendor staff are local. If i could add to that, i believe that percentage is actually going to get better because weve let a lot of the larger contracts, the backfill will be smaller contracts that support the big ones. I expect those numbers to get even better than they currently are. So, in summary on the local hiring, i would suggest the following. Firstly, as i sa ....
Economic Workforce Development. I think thats correct. We deal with the office of economic workforce and development on everything that we do. Theyre our contact. They are fully informed of our activities and what we are doing. I might mention the paschal why you time i was up here, the agreement was signed on the 14th of august last year. As i said, office of economic workforce and development had been fully informed about our activities and what were doing. And i said this is a great story, again, and let me tell you why. I think the requirement is the same new entry level hires or local San Francisco. Earning more than 150 grand. I dont know any entry level people that will earn more than 150 grand. So, lets just strike that one, but lets still keep the 50 . We did some analysis of our hires and those sorts of things as of the end of last year. And we were at 80 of n ....
That business is gone away. We dont know who is going to build it, we dont know who is going to install t. Can you give us a streamline clearchannel so we can tell our contractors to how to go forward in the next few months. All of those on the pier, right now we have an interest in our contractors saying who did the work . I dont know. Thank you. Next speaker, please. Good afternoon, supervisors. My name is jackie phlegm. I am the executive director of the [speaker not understood] and im here because i am very concerned about the wages, the back wages weve seen in the presentation today. Although im not surprised. Last summer i was here joined by many of my colleagues bringing to attention the fact there was a tone of resistance on behalf of the authority tomorrow present an award plan, instead of them wanting to use good faith language which we knew did you work l im pleased to hear about the plan to address issues, even minimum wages. I do want to remind many ~ everyone here its abo ....
There are sort of thing well need to work with in terms of their confidentiality and proprietary information. And, so, as you heard mr. Barkley mentioned, i think they are open to us to coming to their offices and reviewing the actual documents to understand what has been done, what hasnt been done. Certainly for the purposes of transparency, i would welcome the opportunity to take them up on that offer and be able to point out on a Going Forward basis how the performance is going. What i see as the biggest problems, we put these standards in place. And its our Economic Workforce Development department that is not actually able to followedth letter of the law. We put the authority in a situation where theyre telling us, hey, were doing everything were supposed to be doing, im just not informed of all this happening. We believe there is a such a great deal of ad ....