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Meeting will come to order this is the wednesday, june 11, 2014, San Francisco budget finance subcommittee of the San Francisco board of supervisors im supervisor mar and joined by supervisor avalos and clerk linda wong my noumentdz. Yes. Phones, pagers and similar soundproducing Electronic Devices are prohibited at this meeting. Items acted upon today will be on the june 14th agenda. Id like to thank our sfgovtv bill dill lane and Jennifer Lowe foretell casting us today. Clerk linda wong i think we need a motion to excuse chair mark farrell thats sick so can we do that well take that without ...

Participation and maybe there is another venue around the city plaza in this immediate area we i took the mandate be ethnical training i have to walk up and down the street to find an entrance there maybe another ruin like the library but i think we need to give active thought to the possibility of having this may be a designated hour where we can get a boarder audience and do a special mailing to our membership and retirees they might be interested. Thats just a request it didnt have to be in the confines of our celebrated cake house here. Any other discussion or comments. Do i have a motion ...

Supervisor chiu on issues and legislation and dealing with the contracting world and so i heard from the community loud and clear about the need from some improvements and so i want to thank supervisor chiu and all of the department of relative and the Community Members that have shared with us and kept the offices informed about what is happening out in the real world and so with that, i will be there, at the workshop in the sunset district along with you all to hear what you have to say and with that, supervisor chiu, would you like to continue the hearing to the call of the chair . Why dont...

That well take that without objection. Thank you. Clerk linda wong call the first item number one is the resolution to approve the new contract modifications to Security Services for the Human Services agency for february 2014 to january 2015 in the amount of 189. 8 million. We have mr. David the ceo ceo good morning. Im the director of contracts and facilities in way of background this is one of the larger Security Guard contracts in the city this particular one has been highly competitive in an city thats very expensive im sure supervisor avalos reminds in 2009 when guards mark got this cont...

For a disaster. By way of background, the citys existing program was 100 million. We utilized about 80 million. The board has 80 million cop and we have saved about 4. 2 million in a few years since the program is up and running. We have 760 million that we would use this program for. It is 45 basis point. And its very low and attractive compared to the fire program when we started which was about 125 basis point. The cost of issuance is approximately 450,000. The fee of 620 million. The program is working as we anticipated. We would like to increase it as we are moving along. Because its a le...