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Emergency and given the Public Health recommendations issued by the San Francisco department of Public Health, governor Gavin Newsome and mayor breed have lifted restrictions on teleconference. This meeting is being held virtually with all members and staff participating via teleconference. This will ensure the safety of sfers board, sfers staff, and members of the public. While this allows us to hold meetings via teleconference, it may not be as seamless as it normally would be. A reminder to the public to mute your microphones to minimize background noise. Madam secretary, roll call, please....

Our hoist machine is located overhead, and this is a traction machine, so it is an evolution beyond the winding from elevator. This is the drive ship. This is the gear box, and this is original from 1913. It is a heavyduty design that we really do not see any more today. That is probably part of the reason why this elevator has already lasted close to 100 years. This is the break for the voice machine teh brake. We have the original controller here. Fortunately, the power is turned off. This room was built in 1913, but the National Elevator cut actually was not introduced until 1921. Tell us a...

Conversation that is going on right now. But were definitely monitoring that and well try and plug into that process when the opportunity presents itself. President tsen okay. Thank you. Okay. So the next item, please. Its adjourned. President tsen all right. Thank you. Director richardson before we adjourn. Yes. Director richardson i have two statements to make. Just to acknowledge mr. Jim smith for helping us out through the technical glitches today. And i would love to with your permission to adjourn this meeting in the memory of the late congressman john lewis and it was put eloquently, so...

And based on the thorough research with my consultants, i, at this time, would like to recommend to the board that we retain galliard for the stable value fund. Okay. Is there a second for that motion . Supervisor safai. Id like to second that. Thank you. Before we call the question, well ask for any Public Comment. Clerk members of the public who are currently in the queue who wishes to provide Public Comment on this item, please dial onezero. When it is your turn to speak, the system will prompt you automatically. Those who are not in the queue, please follow the instructions on the screen. ...

And we ask for your understanding and patience as we all work through this new way of working together. If we havent done so already, im going to ask all members of the board to mute themselves to minimize background noise. Board members will have to remember to unmute themselves to comment and when the roll call votes are held. Theres staff in the background who will be managing the technological functions throughout the meeting so we can move to whoever is speaking throughout the meeting. Again, we ask everyone for their patience as we make these adjustments. Lastly, we want to thank everyon...