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Supervisor farrell has asked to be excused in adivision supervisor kim is ill and unable to attend so can i have a motion to excuse commissioner farrell and commissioner kim . Motion by commissioner cohen, seconded by commissioner compose and do wree need roll call on that or take that without objection. Take without objection. Item number 2 chairs report. This is a information item. Colleagues we have two pieces of good news to share. First i like to coate cal trans and Transportation Authority with public and private sector partners for winning the california transportation award. We had the...

The dow up 75 points. The nasdaq up by 28. Weve got a couple big stories that were watching this morning. San francisco fed president John Williams said last weeks fed decision to hold rates steady was in his words, a close call. Increased concern about the Global Economy in the Financial System led policy makers to wait on a hike. We will see how long that wait lasts. Jim bullard awaits and says its too influenced. President bullard will be joining us right here in studio for two hours this morning starting at 7 00 eastern. Weve got a lot of questions for him. We should tell you this news and...

The economy. The other thing is, if you act too soon and you decide, oops, we acted too soon, you get you put yourself in a position where you have a zigzag policy and you will face criticism from that by people i know. Second, if you then want to go in the other direction, you only have a quarter point to play with. If you hit the brakes too soon, you dont have gas. With that in mind, im concerned about the effect raising Interest Rates now would have on the real estate recovery and i would ask you what you would think the impact would be of raise zing Interest Rates on the housing recovery a...

Commissioner president caen pr commissioner moran commissioner kwon and commissioner courtney is excused today. Thank you. Third item is the approval of the minutes of august 11, 2015, are there any corrects or additions to the minutes . Roll call second. Any Public Comment on the minutes of august 11th . Seeing none, ill call for the vote all in favor, say i. I. Opposed the motion carries item 4. Which is general Public Comment from the public and i have mr. Decostco first to speak. Id like to talk about a number of issues in general during the general Public Comment im very interested in rea...

Today. Thank you. Third item is the approval of the minutes of august 11, 2015, are there any corrects or additions to the minutes . Roll call second. Any Public Comment on the minutes of august 11th . Seeing none, ill call for the vote all in favor, say i. I. Opposed the motion carries item 4. Which is general Public Comment from the public and i have mr. Decostco first to speak. Id like to talk about a number of issues in general during the general Public Comment im very interested in really what is going to happen to mountain tunnel especially in light of el nino and how that is going to an...