the way institutional master plan is, they claim that this building was not identified in the institutional master plan that was written in november of 2007. the problem is that it was designed 10 years in advance. specific buildings are not always included. neighborhoods are. in this case, we have an urban university that has to do with the institutional master plan. we already had buildings in the south of market. lee said that we were going to be expanding too areas adjacent to that. >> even if they had given that exact address, you had the issue -- i am trying to find the date. it stated specifically that it was not to open any other venues until the issue had been settled. >> i don't recall the exact date. >> it is after that date. maybe other people have other questions. >> i have some questions. i am curious. if you were to complete the record, you would have submitted a transcript for thes specific instruction that would inform us to some extent of what the discussion was and how it ended. and i am not sure it means the same thing as being closed. >> i think i have those minutes wit

we are a public institution. i am here to speak to the benefits and fell use that student housing brings to communities -- benefits and values that student housing brings to communities at large. hastings is located at the nexus of the civic center and the tenderloin district, an area that has its share of charges. one of those is the relative absence of activity in the evening hours, particularly in this portion of the neighborhood. i would look at other areas of the neighborhood where there is more dynamic activity. you look at golden gate at night and it is a different scene. student housing brings activity. student housing brings young people who both study hard and play hard, who support local businesses, who bring vibrancy to communities. they volunteer like hell. they engage in social activism, political activism, and they are low-impact residents. the typically do not bring automobiles. they support a public transit. the support small, ethnic restaurants, small businesses. -- they support small, ethnic re

the process is triggered if you are a post-secondary educational institution or medical institution. those two types of uses must file an i.m.p., profit or nonprofit. if you are triggered to do that, those are the base triggers for an i.m.p. that has to be developed and come to this commission for approval and you close the comment period on it. so all of those would be triggered. commissioner moore: thank you for clarifying that. the second part of my question, the nonprofit versus for-profits and how do we look at that? whether there was any thought of this. you could listen to both arguments, but we have had so many heartbreaks here that we are probably reluctant to support the for-profit groups. president miguel: one more time. >> i'm not familiar with the master plan. maybe someone could help me out. president miguel: the commissioner is asking whether it would apply to both profit and nonprofit. i.m.p.'s include both. >> i don't think there is a distinction in my mind. there isn't between profit and nonprofit institutions. >> i will say, commissioner, the one thing that this do

they decided it could be good to have input on health care institutions and thus, the institutional master plan which originally until it was drafted a couple of years ago were mandate when a hospital proposed the master plan, it was reviewed and when projects came through you have the input and i have sat there and was not on the panel, but sat through the entire evaluation at the facilities of children's hospice. nancy walker was the supervisor and i was on the planning pod. and you had information that helps you sort through land use issues. that is still a need. and it is fortunate that they struggle with cpmc e.i.r. and the institution of the faster plan because the institutions with the comprehensive health care planning level are missing because no one cities back and says this is the city's needs. we need to have a steady wide frame work and not what is best for their institution. and the west part of the city is not served that well. clearly not served that well. we have to deal with the real work. that is up with of the thicks you get from the city having its own plan and not say

number of problem institutions continue to rise and number of failures remains high. 149 institutions had failed this years we anticipated the number of failures this year has exceeded 2009 total of 1040. the total assets we expect lower than- last year and we anticipate fewer failures next year. as a banking industry continues to recover we also see a positive trend in the deposit insurance fund. it was negative 8 billion compared to negative 15 point 2 in the prior quarter. the balance remains in negative because of losses from failures that have occurd to date as well as a contingent loss we've set aside to cover the loss of if i lures. but after declines for 7 straight years the improvement reflects income and downward revisions in estimated losses from future bank failures. at the end of the third quarter our total cash pro vision was under 34 billion dollars. approximately the same as june. while we expect the same in june our current resources are more than enough to resolve anticipated failures and meet obligations for banks that have already failed. the industry has come long

it is not going to be one institution. the rules need to be flexible enough so that student amenities can be built into the buildings such as a building that is going to hold students mainly to have young faculty in the building and now, too, so the rules cannot be drawn to tightly. this is a huge step forward, and i urge you to pass it. >> thank you. >> madame chair, members of the committee. i am speaking on support of the amendment that came before the planning commission. when i first heard about this, i thought, this sounds great as long as it does not apply to the academy, but on reflection

it is not going to be one institution. the rules need to be flexible enough so that student amenities can be built into the buildings such as a building that is going to hold students mainly to have young faculty in the building and now, too, so the rules cannot be drawn to tightly. this is a huge step forward, and i urge you to pass it. >> thank you. >> madame chair, members of the committee. i am speaking on support of the amendment that came before the planning commission. when i first heard about this, i thought, this sounds great as long as it does not apply to the academy, but on reflection i realized, it needs to apply, because we are going to need a combination of regulations and penalties and fees to get them to change their behavior, and i think this would be in that category. i want to show you a couple of things. this is the map that shows the 17 areas they are planning to expand to. this is the problem. they are too scattered. we are submitting a proposal for a compact transit-oriented campus of relief focuses

we are a public institution. i am here to speak to the benefits and fell use that student housing brings to communities -- benefits and values that student housing brings to communities at large. hastings is located at the nexus of the civic center and the tenderloin district, an area that has its share of charges. one of those is the relative absence of activity in the evening hours, particularly in this portion of the neighborhood. i would look at other areas of the neighborhood where there is more dynamic activity. you look at golden gate at night and it is a different scene. student housing brings activity. student housing brings young people who both study hard and play hard, who support local businesses, who bring vibrancy to communities. they volunteer like hell. they engage

it is justice to the institution. it is justice to the people of this country, but it is also just as to someone who has been accused and found guilty. that being said, i would like to ask counsel -- it is my understanding, based on some testimony that i have heard, that there has been no finding that the respondent was guilty of any intent or factual instants of having personal gain. is that correct council? >> with respect to the findings, that is correct. >> now, in our jurisprudence system, in order to find justice, one of the best ways that we have, maybe the best way that we have to determine what constitutes justice is the system of precedence, and what presidents have been set -- precedents have been set, what congresses before us have done in similar circumstances. am i correct that there have been four instances of censured? >> there are a number of more censures in the history of the house, dating back to the 1970's. >> let's talk about this committee then. this committee has recommended four centuries? >>

of financial institutions. what were talking here, they are large ones, once considered to be systemically different in our economy and we're talking about insurance companies, security firms, hedge funds, finance companies, holding companies are very kind. any kinds of large financial institutions can be subject to very stringent regulation of the kind and even tougher than the kind that's been imposed in the past on banks. and so, a number of things came out of dodd-frank they were to accomplish this, such as the volker rule, which push proprietary trading on omitted banks themselves, but deposit taking entities, but out of any organization that is affiliated with or control the bank. in other words, get the proprietary trading out of the banks because it causes too much risk. i won't go through all of the things that are in dodd-frank right now, but i've also provided and suggested much tougher regulation for derivatives including particularly credit default swaps and they provided for this consumer financia

the financial institutions today are embracing universities and institutions of learning to give them money. the other thing i want to point out is there are areas in our city where there hundreds of units that were there on the market, and some of them are brand new. people will not buy them. people will not rent them. if this legislation passes, in the interim, we could look at some of those buildings, and the students come in, and they will give an input to the community. are you rooting to be our next mayor? >> no time soon. walter paulson. >> ♪ you never have to ask me why ♪ ♪ we will never say goodbye affordable housing ♪ ♪ affordable housing, affordable housing holds the city ♪ affordable housing ♪ ♪ affordable housing does it could for you and me -- good for you and me ♪ ♪ affordable housing holds the city kee for you and me, and it should ♪ ♪ affordable housing does it did for you -- good for you and me ♪ >> anybody else? any further comments? seeing none, public comment is closed. >> i wonder if one of our deputy chair scattered talk about the sugge

this is an institution that is well-established. what happens is the district attorney's office has not done their homework. there are many institutions and homes, many other qualified people that would like to serve, people that are released from the prisons. like the bay view hunter point. here we have $750,000. about one year ago we had $350,000 given to the mayor's office of families and youth. here we have the district attorney's office arbitrarily coming here and saying, you know what, we have $750,000 and it will be given to the lancet. that is not how it is done in san francisco. the district attorney's office has been very negligent. not only in this matter, but in the community response network. someone needs to audit the district attorney's office when it comes to this type of grant and restoration of justice. here in san francisco we have various to constituents that will not just accept people coming here and making general statements and giving such large sums of money to an institution that is already valid. thank you

that institutional master plan was worked on for over two years, with several meetings with planning department and staff. at the december 6, 2007 hearing, the planner got up and stated that the department is determined that the imp has met the basic requirements of section 304.5c. the other provision of the code, that is in the record. we did not make that up. we did not force him to say that. he said that, it meets requirements. the planning code itself says, and very specific 304.5e, and institutional master plan should be considered accept it when the commission hearing is closed. no other revisions, no other conditions. when the hearing has been held and closed. and that is what happened that day. how significant is that? what does that mean for us? what happened, the planning department is trying to tell you, we had to have additional transportation information. but the commission asked for additional transportation information. the only requirements for transportation was to include the circulation around the site and parking. that was done. that is in this document. this is t

bush institute board. on behalf of my fellow institute of board members, the advisory board looks forward to continuing the great work that has already begun under the excellent leadership of jim glassman. i want you to know that the institute looks forward to continuing to be a place where smu students feel welcome to, where they can participate in the work of the institute, and where faculty from smu, from around the country, scholars and practitioners from all over the world, can come together to explore powerful ideas, and to find ways to put them into action. the hallmark of the presidency of george w. bush was the fundamental bedrock belief in the inherent works of every individual. and because every individual is worthy, every individual deserves to live in feedom. the president and mrs. bush believed that america had a special responsibility to use its power an its generosity and its compassion, to advance freedom for those at home, and for those abroad. a belief that free people are most creative

before a health institution san franciscan our address. before the health institution proposes a project, it in cages in internal planning to decide for itself -- it engages in internal planning to decide for itself whether or not a project makes sense. this legislation takes the concept to the next level and simply proposes what we do not believe is a radical idea, that we, as a city, can engage in the planning with respect to the many projects that are not only before us now but are likely to come before us in the future and in so doing, we are simply doing as a city what these institutions have been doing for quite some time. a lot of things have been said about this legislation, so i wanted to make a couple of things clear because some courts have been raised, which i will respectfully submit are not entirely accurate. there is the issue of -- the point that was raised was about the appeals process, that somehow we need to consolidate the appeals process, and i just want to make sure that this committee understands that that is precise

it is an institution that i welcome for their great work, but the bottom line for us is that this was still able of the historic building and that it was struck home so that it would be lost its eligible status -- it would belie its eligible status for historic preservation. i don't believe that government or church is above the law, and that is important that we solidify the process and move on from here. i am more than happy to answer any questions. there was a number of misinformation. in one newspaper that comes out , they clearly did not do their homework and investigate a single iota of fact or publish what i had said. if anybody would like me to respond to those, i would be more than happy to provide planning, city department planning data that communicated historic significance eligibility to the archdiocese's that has a relationship to the existing institution. we have all of that right here if anybody would like that. otherwise, in the same vein, making sure that there be respect of an institution, so is a very similar vibe associated with this. supervisor elsbernd: a big, b

we had one denied because of the lack of institutional master plan. i don't think the department wants to go back to that. these mechanisms, we have been conscientiously objecting to those -- addressing those. we are trying to work on that. i believe that the only other point that the department is raising is that even if this was a valid institutional master plan, it has to be updated every couple of years and you would still be in violation. that is a direct 3 date and not a mandatory date. there is a lot of evidence for that.

the planning commission reviewed institutional master plans. these affect places like colleges, universities, and medical facilities. we have recently seen one from st. francis. in each of these institutional master plans, we have had a difficult time grasping the overall picture of how or what they are presenting fits into the larger picture of health care services in san francisco. those concerns have been voiced in public hearings and also supervisor campos. it also affects the way we look at environmental impact reports under the california environmental quality act. there is a comprehensive look at proposed projects within the city, and i think it would be advantageous to have some kind of overall health care services master plan that we could take a look at or provide guidelines -- that would provide guidelines for the environmental impact report. decades ago, there was a health services agency that provided some kind of overall planning effort. i do not know what kind of regulations they have, but it seems to me that authority sets a pre

we have eliminated 1500 other institutions. it has elevated the awareness of all institutions in the country about the need to adhere to processes. thatu'd think your actions have taken place are affected and they are working? >> we need a verifiable approach. we are doing what we think is appropriate. we are sending teams into the service is right now. we are expanding our reviews. we will look at the remaining stages of the foreclosure process beyond what we have already looked at. if they are not compliant, we will take our authority, which we have some significant ability to assess penalties legally. >> you are going to verify your actions and implementation sap taken place? >> that is correct. >> mr. walsh, do you agree with that? >> certainly when we took action a couple of weeks ago with the servicers to identify problems in their modification programs, they greatly improved the quality and effectiveness of the modifications. the examinations we are undertaking are going to grind it right down to the most granular detail

bush institute board. on behalf of my fellow institute of board members, the advisory board looks forward to continuing the great work that has already begun under the excellent leadership of jim glassman. i want you to know that the institute looks forward to continuing to be a place where smu students feel welcome to, where they can participate in the work of the institute, and where faculty from smu, from around the country, scholars and practitioners from all over the world, can come together to explore powerful ideas, and to find ways to put them into action. the hallmark of the presidency of george w. bush was the fundamental bedrock belief in the inherent works of every individual. and because every individual is worthy, every individual deserves to live in freedom. the president and mrs. bush believed that america had a special responsibility to use its power and its generosity and its compassion, to advance freedom for those at home, and for those abroad. a belief that free people are most creativ

that there is not this institution. we support this legislation with the following modifications. one, a clear definition of student housing needs to be put in the code. those proposed in this legislation are good, but do not define specifically what student housing is. it describes the qualified institutions, and so on. similar to what is going on with the overall conclusion very housing ordinance, it would automatically recapture the inclusion rehousing fees, if for some reason that student housing converted back to regular use, or residential use, so the city would, like we do in all other projects, reclaim the fees. the third and important recommendation we are proposing is the conversion of existing residential units. all existing residential units, including single room occupancies, residential hotel housing, and large tourist hotels, prevented from being converted into student houses. we would like all other uses to be converted to student housing. we would remove the requirement in the proposed legislation that

at one point in our history, the institution of the church was the most powerful and significant institution in our community. it's where we voted before we had the right to vote. it's where we owned property when we couldn't own property. where we chose our own leaders. and to the professor's point, black churches today generally no longer have the central kind of influence in america at large or african-american communities in particular that it once had. and i think, therefore, this conversation is critical because in christian theology resurrection follows death. we can't be resurrected if we don't admit that we're dead. >> who is more influential, oprah, jay-z, start going down -- >> right there. >> we begin to talk about the role of the black church or role of black churches in the life of communities, we need to understand african-american communities are dynamic. they are complex. that complexity reflects in very interesting ways the material conditions under which black folks -- >> jay-z is not representative of an institution. barack obama is catching hell today -- >> not an instit