Skip to main content

tv   [untitled]    April 11, 2013 4:00pm-4:30pm PDT

4:00 pm
is 15 members, and each of these 15 seats is designated to have a specific area of interest or representation including a bicycle advocate and a disabled advocate and a representative from labor, a resident of district six and almost without exception, people brought a breadth of experience to the applications. we have a total of 7 recommendations brought to you today. and including three returning members and four new members to the cac. and two of the new applicants are here today, and they would be available to speak if you would like to. and if you have any other questions, i would be happy to answer them. >> i have no questions, on the recommendation and i am happy to support it. i know at least two of the folks and they are great and
4:01 pm
would be great additions. just a question on the functioning of the cac, aside from the appointments, we don't ever kind of see or hear anything from the cac or if we do i have forgotten. are there, do they make recommendations to the tjpa? is there any... do they issue reports? is there anything that comes out that would be relevant or of interest to the board? >> well a lot of the cac has been to serve as a public forum for discussion of the design of the transit center and elements we have had as an example. s better market streets program come and speak to the cac so that they can understand how our ro ject is relating to that project and the bicycle improvements and the cac has upon occasion made recommendations, but, we don't
4:02 pm
typically agendaize specific actions for the cac. >> and co-founder from cal train. cac chair or appointee make a full report to the full board of director. i would like to see to do the same, so that we can become better acquainted. >> okay. and we have offered that in the past and not recently, but jim laserous did come a few times to make certain statements. but, we could consider that. we will look at that change. >> i have a question about the ac transit rider. the appointee marla wilson. do you know whether or not she is a member of the transbay riders group that meets monthly? >> i don't believe that she is, no. >> that bothers me, that is
4:03 pm
group that comes to the ac transit about anything on this project and they are important to me politically, 20 to 30 people and i don't care who they want to serve on this committee. but it will be somebody from that group. because i don't know marley wilson and i called up a couple of people that i knew from the transbay riders and they don't know her and i don't want us picking, and i don't not want to disparage this woman she could be great. if i can't talk to her and have her, you know, at least promise me that she is going to become a member of that group, i don't want her on this body. those are the people that the ac transit board listens to when it comes to the problems with the transbay terminal and the problems with anything to do with this and they really should be the people to say, this is someone that we... because that way you are getting 20 riders, 20 or 30
4:04 pm
that are active in that group as opposed to one. so i would oppose to her appointment, because you did not have a phone number for us so i could not call her. so i could at least talk to her or find out what is going on. i just, we have got a very active group, around the terminal. and we just need to now, they need to be the ones to say, here is our person that we want to listen to about that. >> well, we could do is if you would like chair person harper is just take out marla pending further investigation on that issue and we could appoint the others and then we could bring you... i believe that we... i believe that bob has put out on calls for applicants to apply everywhere and also with the group. >> we have done it with the ac transit. and i don't know, we have not
4:05 pm
specifically gone to the ridership. >> you have spoken to the rider ship group. >> a couple of times. >> yeah, why don't we do this, why don't we take mar la out for now and go and reach out to the bus riders group and if she is a member of that and if she will become a member of that, if not let's see if they can provide a candidate, will that work? >> yeah. >> okay. >> so we will take a motion to amend the resolution to remove mar la for now. and approve the other six recommended applicants. >> so moved. >> second. >> first and second and then members of the public wishing to address you on that item? >> i would like to make a comment. >> patrick, and patrick and company. i attend many of these board meetings but you are right, i believe that the cac, is a joke. i am sorry to say that. there is fine people there, but
4:06 pm
this board takes no notice of their activity in a minimum you should at least have their minutes so that you can see what is going on, what has come to their. i know that there is one issue about the artwork for the transbay terminal and they wrote the board a letter and no response. i don't think that they are effective and you need to make that order effective. thank you. >> thank you. >> and members of the public that want to address you on that item? >> so with a first and a second? >> harper? >> aye. >> lloyd. >> aye. >> metcalf. >> aye. >> reiskin. >> aye. >> that is four ayes item ten is approved. item eleven. >> approval. >> second. >> no members of the public wishing to address you on that. and believe that harper harper will be abstaining? >> lloyd?
4:07 pm
>>ite aye. >> reiskin >> aye. >> and that does conclude it for today. >> we are adjourned. >> thank you. >> good morning, everyone and welcome to the san francisco board of supervisors budget and finance subcommittee meeting for april tenth, 2013, my name is farrell and i will be chairing and also joined by avalos and mar and the vice
4:08 pm
chair is out sick today. i would like to thank the members of sfgtv for covering this meeting today as well as the clerk of the committee mr. victor young. mr. clerk, do we have any announcements? >> yes, silence all cell phones and electronic devices and complete the speaker cards and any documents to be included as part of the file should be submitted to the clerk. items acted upon today will be on the 16th april, board of agenda. >> could you call item number one? >> item number one, resolution approving the acquisition of 30 aviggation easements from the various property owners of the san mateo county required for the san francisco international airport's notice insulation program. >> we have john up dike
4:09 pm
director of real estate. >> it is the approval of the acquisition of 30 avigation easements within a certain noise insulation program, run by the san francisco airport in san mateo county and so the item seeks your approval of those easements as well as the findings relative to the general plan of conformity. this is a long-standing program as outlined very thoroughly by the budget analysts that has been in action for over 20 years. and this is a really a case of a bit of catch up with some change in ownership where the airport has approached new owners within the area, where they are eligible for noise insulation and in return for a easement which provides a
4:10 pm
senator to the airport that there will be no restrictions for the flight path that effects their homes and brings the decibel levels to a more manageable level in the homes. and the pricing here, the easement itself is a no-cost easement and of course the program related to the homes that are improved as a result of the easement and this is a federal funded program for the federal aviation administration, they provide 80 percent and 20 percent is in the fund that is approved for the airport as noted in the analyst report. one item that i would like to call your attention, we do want to make a slight amendment and if i could have you turn to page 2, lines one through five, where in we referenced the director of planning letter of general planning of conformity and we did fail, however, to note that we also seek and will
4:11 pm
provide an amendment for mr. young, to provide the adoption of findings that this project is exempt from the review under class one and so we would like to make that amendment. >> okay. >> happy to answer any questions that you might have and i am also joined by the colleagues from the airport if you have any questions about the program as a whole. >> thank you, mr. up dike, we have the budget report. and thank you. >> mr. chair, and supervisor avalos, on page 5 of our report, we point out that it is shown in table two, the total cost to complete the sound proofing from aircraft noise in conjunction with these 30 avigation easements acquired by the airport from residential property owners was $1 million $494,924 as shown in table three on page 5 and the airport
4:12 pm
has paid $324,000 or $861 or 29.1 percent of the balance of the costs of $1,489,240 will come from the federal agency, it was previously appropriated by the board of supervisors and we recommend that you approve this resolution. >> thank you very much. any questions? >> i would like to open it up to the public. seeing none, public comment is closed. >> okay, so we have a motion to accept the amendment as proposed and we can do that without objection and a motion to move item number four to the full board without opposition, as amended. >> mr. clerk, could you call item two. >> ordinance waving the fee required by the public works
4:13 pm
code for the temporary street space occupantcy within a certain designated streets in the city and county of san francisco on saturday may 11, and saturday may 18 rkts 2013 as a part of the small business week sidewalk sales. >> this is something that i sponsor along with the majorty of the board of supervisors and part of the small business week that is coming up and the tradition in the city and county of san francisco and it is great for the residents and community and also our small business and so i want to thank you for being here. >> thank you. supervisor farrell and avalos and thank you to supervisor farrell for sponsoring the legislation this year. small business week is may 13, to the 18th and this is our 9th year. and sponsoring this office, and sponsoring the sidewalk sale,
4:14 pm
or the sidewalk incroachment and this is the 7th year. and the theme is shaping our communities and so, our neighborhood commercial corridors are very much a part about our small businesses, shaping our communities. and so, we have provided information in terms of just which each merchant corridor the number of blocks that will be participating and needing this sidewalk encroachment fee waiver and the cost and i am happy to take any questions and just really want to express my appreciation to the board of supervisors for continually supporting this fee waiver for the merchants. >> thank you. >> no questions? >> thank you very much. >> at this time we will open it up to public comment and anybody want to publicly comment on item number two? >> seeing none, public comment is closed. we move item two forward for
4:15 pm
recommendation to the full board and we can do so without objection. >> mr. clerk, could you call item three? >> item number three, resolution approving the issuance of the tax exempt obligations by the kaeft enterprise development authority in an aggregate principal amount not-to-exceed $9 million finance and refinance various capital facilities owned by the progress foundation. >> we will hear from the controller's office of public demands. >> good morning, members of the budget and finance committee my name is (inaudible) and this approves the tax exempt of interest and it is a refunding of prior obligations for savings. and the resolution acknowledges that the public hearing was held by our office and should we have any questions on the project itself there are representative to answer the
4:16 pm
questions. there is no fiscal payment for the city and the city is not responsible for the repayment on those. >> thank you for the clarifications. any questions? >> we will open it up to public comment? does anybody want to comment on item three? step up. okay. public comment is closed. we move to item three forward with recommendation and we can do so without objection. >> could you call item four? >> resolution urging the retirement board of the employee retirement system to divest from the publicly traded fossil fuel companies. >> okay. sponsored by supervisor avalos. thank you, this is a resolution that i have the co-sponsorship with supervisors eric mar and breed and i want to thank them for their support and this has come from a lot of organizizing that is happening in the bay area nationally around climate change and i want to thank, climate nexus and the student groups that have been
4:17 pm
working on this resolution and the divestment strategy around the nation. and it is a critical time that we really address immediately, the needs of curbing climate change in the nation and around the world. to start off i want to talk about some of the math that is involved. it is easy to get kind of bogged down in the science of climate change but there is super math that we can boil this down to. the scientific consensus is that global warming f it exceeds 2 degrees c, it will have catastrophic consequences for all habitats across the globe. almost every government has agreed through the copenhagen accord and we have raised the temperature by 0.8 degrees c which has caused more damage than scientists expected.
4:18 pm
the sea ice has declined by a third and the acidity of the ocean has increased by 30 percent and we are seeing dramatic climate events that happen every year. to prevent 2 degrees of c of warming we can burn no more than 656 giga tons of carbon dioxide and that is a billion. fossil fuel corporations currently have 2800 giga tons in their reserves, so comparing 565 to the total reserve is 2800 giga tons and that means that we need to keep 80 percent of the current fossil fuel reserves in the ground. if we do not do that, we will see the dramatic increases in temperatures and we know what will happen if that happens. we currently are using about 31 giga tons of carbon every year. at our current pace we will burn through the 565 limit in
4:19 pm
16 years, meaning in 16 years we will have raised the earth's temperature by 2 degrees c, and if we go on beyond that we will be raising the surface temperature by much more than that. clearly, action needs to be taken. and divesting from fossil fuel is not just the moral thing to do it is physically responsible, as the impacts become more severe, the governments around the world will be forced to act to restrict carbon emissions. the valuations of the stocks are largely based on the reserves, the current valuation do not account for the risks of future regulations, a recent report by the bank argues that they are limited to burning one-third of their reserves they could lose up to 40 to 60 percent of their market capitalization, and the effects of climate change become more severe, the stocks will become riskier and we question whether it makes sense that we tie our
4:20 pm
retirement benefits to the fossil fuel companies as we see in a much more and more, uncertainty in the fossil fuel market. divestment is growing, as a growing movement being led by a lot of college students. i am sure that there are many in this room today. students with more than 300 college campuses across the country are pursuing divestment including san francisco state university the university of san francisco and uc berkeley in the bay area, four colleges have enacted the divestment policies they are the college of the atlantic, sterling college, (inaudible) and the mayor of seattle is p pursuing divestment, vermont, and it is co-sponsored by 25 state representative and four senators in the state of vermont. divestment is the important compliment to the climate work and others happening. locally we have succeeded in
4:21 pm
significantly reducing our emissions and close to launching the clean power. california is moving for ward with the implementation with ab 32, environmentalists are finding to stop the keystone pipeline and there are hundreds and thousands of people to protest the pipeline when president obama came to san francisco. but government action is not enough. the fossil fuel companies are the root of our climate problems, in fact the companies have tried very, very hard to make sure that the debate and discourse about the climate action is something that is not scientific at all and it is based on things that do not exist or are not measurable by science. we can exercise the power of our pocket books by divesting our retirement fund from the fossil fuel companies. the retirement board can divest without effecting the fund security or yield. the staff of the retirement board estimates that out of the 15.6 billion only one billion
4:22 pm
is invested in securities, either incorrect or correct investments such as mutual funds. we are not calling for immediate divestment, the resolution calls for seizing new fossil fuels and divesting within five years, this gives the retirement board to divest in a responsible way, as mentioned above, the hsbc bank, argues that the stocks will become increasingly risky as the climate change excel rates. they are studying how can be done without increasing risk, the apario group, calculated that divesting from fossil fuels will increase the portfolio risk by 0.01 percent such as the fund, the russell 3000 fund and they will respond that. >> they will expand on this at public comment. >> this is now on the investment policy, the san francisco retirement board has a policy that can serve as a
4:23 pm
model for other pension funds, in fact the seattle mayor's office asked us for a copy as they work on it for the fossil fuel companies. it has been applied to south africa and tobacco, three levels of eninvolvement. level one calls for citizenship for securities owned by the retirement fund and level two calls for the fund to use the shareholder influence to promote social rights and interests and level three calls for full divestment. models on the policies leveled two engagement our resolution urges the retirement board to contact the fund managers for funds that include the fossil fuel companies to request that they be excluded from the fund, a similar process was followed during the tobacco divestment campaign in the 90s this led to the common practice of
4:24 pm
investment firms creating tobacco fund funds, imagine that fossil free, it is our goal that the building pressure of the global campaign to divest, will lead to fossil fuel free funds. and it gives the retirement board to reenvest in clean energy and jobs. and consider the options for reinvesting the funds for securities that will promote renewable energy and local jobs and things that our city desperately needs. so i have a number of speakers i would like to call up. we have director jay huish from the retirement board we would like to call up first, mr. huish. i do not see him coming up. he was going to talk about the retirement board, social responsible policies and about
4:25 pm
the portfolio that we have in investment in the fossil fuel companies and i do not see him here and he is not coming up so we will go to the next speaker, i have a number of cards that i will call as well. i would like to call up jamie hen followed by antonio gehas. >> well, good morning, and thank you very much for hosting this hearing on fossil fuel investment and special thanks for supervisor avalos and his staff for crafting the resolution. i am the co-founder for 350.organize an international climate campaign that is helping to lead this movement. we launched this last fall and already students at over 300 colleges and universities have taken up the effort and now it is spreading to cities and states as well. already more than 100 communities have started to push for divestment and as supervisor avalos mentioned this fall the mayor of seattle
4:26 pm
issued a declaration to pursue this goal. if i could have the folks to stand up who are here to support the resolution, you can do a good job. >> and you will see a lot of people are wearing these orange squares that emerged as a symbol for the student movement around the country. all of us here hope that san francisco will be the next city to pursue the fossil fuel divestment. just last week, 561 local residents have signed on to a petition supporting the call and hopefully there will be many more. since i know that the board of supervisors has supported a number of initiatives i will not dwell on the risks that it poses to the community and the bay at large, but in the last year we, have already seen the early impacts of this crisis first hand from the historic wildfires from colorado to super storm sandy to effects right here in california.
4:27 pm
the divestment is a moral necessity, if it is wrong to wreck the planet it is wrong to profit from that wreckage, it is also a effective political tool, it shows the industry that is unable to continue with business as usual and speakers will highlight that it is economically feasible approach, as we look at the long term risks associated with the investments in coal, oil and gas and the benefits of investing in the more sustainable alternatives it is clear that it is a wise action. >> as tutu won a nobel prize, the divestment provement played a key role in helping to liberate south africa and they understand the money even when they were not swayed by the dictates of mortality. we can join together as a world and put the pressure where it counts. we hope that san francisco will
4:28 pm
join this effort and that the board of sburps will move this resolution forward thank you very much. [ applause ] >> thank you. >> thank you, our board rules do not allow clapping or applause from the audience, so that was a very spirited clap and applause, but we do allow people to express support that way. thank you. we appreciate your support on that. >> hi, thank you. >> thanks for holding this hearing, and my name is antonia uhas and i am a author and journalist and i have invested for the new york times and cnn and three books, including the tyranny of oil and black tide the impact of the gulf oil spill and also worked for two members of congress, i traveled from louisiana to afghanistan to richmond, back here. to uncover what it means to live where the oil industry
4:29 pm
operates. i am here today, to urge you to divest from the fossil fuel industry. big oil is looking backward. divesting from clean energy and doubling down on dirty energy. investments in big oil, are an investment in increasingly dangerous past. san francisco should look forward to insure that the investments help to guarantee a clean future. last week, bp which famously dubbed itself beyond petroleum announced the sale of the $3 billion wind energy business, eliminating... (inaudible) to become a more focused oil and gas company. it is not alone, after reaching a high of no more than 4 percent of total capitol expenditures in 2006 and 2007 big oil as a whole