34 posts categorized "Health"

05/28/2010

City Announces Sale of Bonds to Fund Wastewater System Improvements

City Announces Sale of Bonds to Fund Wastewater System Improvements Sale of $240 million in wastewater revenue bonds to improve sewage infrastructure, create jobs, and save city ratepayers $88 million over the next 30 years

Today, Mayor Gavin Newsom announced the successful sale of $239,565,000 of bonds by the San Francisco Public Utilities Commission’s (SFPUC) to continue critical improvements to the City’s sewer system. As compared to the longer-term cost of borrowing assumptions, more than $88.3 million in savings will be realized over the life of the bonds sold. The bonds will fund wastewater capital improvement projects directed at increasing seismic and system reliability, reducing neighborhood flooding, and odor control improvements at facilities such as the 50-year-old aging Southeast Wastewater Treatment Plant.  

“San Francisco’s continuing investment in our aging water and sewer infrastructure has provided employment for many at a time when construction jobs are scarce,” said Mayor Gavin Newsom. “The savings realized today will help stretch dollars further to fund even more critical improvements to protect public health and the environment.”

The savings gained from the bonds sold can be attributed to extremely favorable market conditions as well as improved bond credit ratings for the SFPUC issued by Standard and Poor’s (S&P). Bond credit ratings provide guidance to potential investors in debt securities such as bonds. Similar to a personal credit rating, as bond ratings increase the perceived risk to investors decreases, which results in lower borrowing costs. Moody’s and S&P are internationally recognized as two of the top credit rating providers in the world. S&P, on May 6, upgraded the SFPUC’s wastewater credit rating from A+ to AA-. Moody’s Investors Services changed the SFPUC’s rating from A2 to Aa3, following its April recalibration of municipal ratings to a global scale.

05/21/2010

Mayor Newsom's Weekly Video Update

Mayor Newsom's Weekly Video Update - May 17, 2010In this week's video update, Mayor Newsom discusses Bayer HealthCare's location of its US Innovation Center at Mission Bay, labor union concessions and ratifications to protect jobs and services, Governor Schwarzenegger's May Revised budget cuts and SF summer youth opportunities

Watch now on YouTube

03/12/2010

Sunday Streets Program is Back in San Francisco

Sunday Streets San Francisco The SF Municipal Transportation Agency (SFMTA), San Francisco Mayor Gavin Newsom, the City of San Francisco and Livable City (Sunday Streets fiscal sponsor) are pleased to announce the kick off of the 3rd Sunday Streets season on March 14th 2010.

The 3.3 mile route travels along the Embarcadero, from China Basin in Mission Bay to Fisherman’s Wharf. The Fisherman’s Wharf Community Benefit District and PIER 39 join Sunday Streets once again, and are presenting a ‘Family Fitness Fair’ in conjunction with Sunday Streets. Activities include free Salsa lessons, bike programs, rentals, repairs, kid’s games and activities, Yoga, adult fitness and dance workout sessions and much, much more! See below for full program details and route map. For more information visit the Sunday Streets web site: http://sundaystreetssf.com/

01/27/2010

Mayor Newsom Introduces Legislation to Limit Tobacco Sales Near Schools

Mayor Newsom Introduces Legislation to Limit Tobacco Sales Near Schools

Legislation would prohibit the issuance of new tobacco sales permits for businesses located within 1,000 feet of public and private schools in San Francisco

01/26/10 – Today Mayor Gavin Newsom introduced legislation at the Board of Supervisors that prohibits the issuance of new tobacco sales permits for businesses located within 1,000 feet of public and private schools in San Francisco.

“The research clearly shows kids start smoking and smoke more frequently when cigarette retailers are near schools,” said Mayor Newsom. “About a third of the students in California purchase their tobacco within 1,000 feet of their schools, so we’re looking to restrict this access in order to prevent children from smoking.”
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01/26/2010

Mayor Newsom Introduces Cell-Phone Radiation Labeling Legislation

Mayor Newsom Introduces Cell-Phone Radiation Labeling Legislation Legislation would require cell phone retailers to post cell phone radiation levels at point of sale

01/26/10 – Mayor Gavin Newsom today announced major consumer right-to-know legislation that will require cell phone retailers to post cell phone radiation levels at point of sale.  The ordinance will be introduced at the Board of Supervisors meeting today.

“Telephone manufacturers currently disclose cell phone radiation levels to the federal government,” said Mayor Newsom.  “This same information should also be made easily accessible to the consumer.” Read more