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They get a 90,000 equity jump start for permits transferrable, and they can get 240,000 for it after paying 150. So, they have something most of them are going to want to build equity. The second thing which is more subtle is once they have the medallion, theyll typically give about 2200 in lease income from having the permit, pay 800 towards the loan, 400 in income tax. That gives them 1,000 income increase as a quality of life improvement. And it is such a major thing to these people, 55 years old and typically have families. I think that you look at the revenue you get, 1,000, like myself, ...

These people, 55 years old and typically have families. I think that you look at the revenue you get, 1,000, like myself, prop k medallion and the [speaker not understood] together, when you have us surrender the permits and sell them for 100,000 profit, that generates 100 million. Youre also leasing medallions to color schemes now. You get fees. If you look at what im proposing, 300 medallions at 150,000, thats 45 million. Typically theyll retransfer in 10 years. 60,000 is going to be another 18 million. So a personal level five years from now youll be with your lives and your careers and voc...

Ill wrap up well do this in less than 7 minutes. laughter . Good afternoon director nolan. Director nolan members of the board and director reiskin. As introduced im Frank Markowitz the planner with the sfmta. Im very happy to give you the quick update on this existing project it enhance our yes, maam line and also upgrade 19 timing. The reign were coming here now. This update were transitioning from the affectionate from the California Transportation Authority implemented in their Authority Board has approved the faenlt study were moving into the previal review this will be lead by the mta wi...

Ceremony i wonder if i can get the shovelers back here well get one more picture thank you for coming and stand but for the for wednesday, march 26, 2014. My name is mark farrell, i will be chairing this committee. I am joined by vicechair eric mar and Committee Member john avalos. We want to thank the members of sfgovtv covering this meeting Nona Melkonian and jonathan and the clerk of the committee ms. Linda wong. Madam clerk do we have any announcements . Yes he, mr. Chair. Silence cell phones. Completed speaker cards and copies of documents it to be included as part of the file should be s...

Okay, thanks very much. Is it tom from Fleet Management . Thanks for being here. Thank you. Thank you for having me. Good morning, chair, and supervisors. My name is tom fong. Im the fleet manager at the Fleet Management division of the General Services agency. Im here today to seek your support to accept and expend grant funds for the local government electric vehicle fleet demonstration project which will help bring 14 new electric vehicles to the San Francisco municipal fleet. In 2010, the metropolitan Transportation Commission issued a grant announcement for electric vehicle demonstration ...