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Right . Its moving through the board process. Supervisors peskin, tang and new safai have associated themselves with it. It has had one reading at rules committee, the second reading is tomorrow. And then it will be before the board for consideration and it is targeted for the june 5th ballot. But i just want to make sure that the main purpose and we talked about it as part of the Business Plan is that right now for new facilities, distribution, stuff that we cant fund through Revenue Bonds, we have to pay cash. And so this gives us a vehicle to debt finance using our revenue. And so we are un...

Well resume the meeting. This meeting is now in session. Item two, opportunity for the public to comment on any matters within the jurisdiction that are not on the agenda. Good morning committee members, im dr. Derek kerr, a whistle blower. Why do organizations retaliate against whistle blowers . Its because whistle blowers have inside information about wrong doing and there by represent a threat. Whistle blowers are viewed as Insider Threats. Unfortunately the Whistle Blower Programs Quarterly Report issued in december includes a bulletin warning about Insider Threats. We are told these are e...

Other numbers, assets 116 billion, down 22 . The Company Stays on track to reach its financial targets for the year. Continue to look through here, fixed income markets revenue, a number that has been weak in many of the banks, 3. 06 billion, roughly in line with what analyst anticipated. The company said its Net Interest Margin came in above estimates 2. 95 , the estimate for 2. 88 for a big group like citigroup. Interest margin will be an important part of the overall numbers. That is what we have so far as we look at these numbers. One other number the equity markets trading revenue, which ...

Good morning everybody. Welcome to the San Francisco board of supervisors budget and finance subcommittee meeting for wednesday july 22, 2015. My name is mark farrell. I will be chairing the committee. I am joined by supervisor katy tang and i would like to thank the clerk linda wong and sfgtv covering this meeting. Madam clerk do we have any announcements . Yes mr. Chair. Please silent all cell phones and electronic devices, complete speaker cards and documents to be part of the file should be submitted to the clerk. Items acted on today will be on the july 28 board of supervisors agenda unle...

Electronic devices, complete speaker cards and documents to be part of the file should be submitted to the clerk. Items acted on today will be on the july 28 board of supervisors agenda unless otherwise stated. Okay. Thank you madam clerk. Lets get rolling here. We have a number of items here and at the end we have two hearings and please call item 1. Item 1 hearing hearing to consider the release of reserved funds, Arts Commission to build out the secure basement Storage Space and related location costs for the citys civic Art Collection. Great. We have tom mckinney here. Good morning supervi...