local high has ancillary benefits in our economy. i want to add that there is a real hunger out there in san francisco. there is a real hunger, and it is not a recent hunger. it is a hunger around for decades, people wanting to have greater access, wanting to have greater opportunities. if the construction trade or in other industries. last night i saw this poster, which to me was inspiring. it says help build san francisco, and it is encouraging people to find places to apply for work. it has two committee members, a pastor who is carpet, lynn noel yum and soft tile workerer, and a construction laborer, both of whom are looking for work, both of whom are encouraging others to find work in our public works projects. but also looking at what our hunger here in the city, defined opportunities as needed, and also recognizing that we are building. we are putting people to work. we are building new buildings, new subway lines, new sewer system plants, now monuments of our human ingenuity. it is time we did the right thing and made local h

things you can find and feel good about supporting the local economy. encouraging others to join her in the challenge. we talk to mike inouye throughout the morning. a major artery is shut down or all but shut down some. >> look at the live shot in the middle of your screen. you see the fire truck and it is flatbed looks like it's loading one of the vehicles involved in the deadly accident on to the truck itself. only one lane gets by. slowly passing the scene and a deadly accident after an original accident and the yellow barrels, a car hit and someone got out and was hit in the area and that's what caused the deadly accident and the coroner has to arrive on scene to complete the investigation. i'm guessing this is a 5:30 estimate. that's only based on the typical flow for this type of accident. we will show you this is before you get to 2:38.

i'll also wanted to talk a little bit about the projected benefits to the local economy of the ortega lease. in addition to the sizable and significant benefits to the city, there are numerous benefits to local economy of the lease. those include the fact that ortega will be working with a local architect and a local construction company. they will be using a local manufacturer to produce all of their furniture on-site. management and staff, pursuant to the expanded food service menu, comes a need for a larger staff. ortega proposes that they will roughly double the current staffing levels to support the increased food service. all of the staff will be hired locally and pursuant to the city's ordinance. frank kline as a restaurateur, as is the executive checf. in addition, with the commitment to purchase all of the food supply from within 100 miles, comes a direct benefit to the providers. this is a list of some of the local food manufacturers and farmers that ortega will be partnering with to deliver the expanded food service. one of the things i wanted to point out, the comparison b

it could pump up to a billion dollars in the local economy. tara moriarty more. >> reporter: good afternoon. we are here live at the st.ñfrancis yacht club along the marina in san francisco where there should be a party because they have clinched the america's cup. here is the reason, the golden gate bridge, this is a natural amphitheater for viewing. you will be able to watch it from several areas. now it seems like this announcement has been drawn out, many members of the yacht club here have been paying close to attention to blogs and posts on facebook waiting to see what race organizers will decide. we know this rome and newport rhode island were competitors. it wanted to host after they captured the trophy in february off the coast of spain. >> it is going to be a dream come true, just like giants winning the baseball game, all that, this is going to be another dream, having america's cup here. east coast have had enough of this. >> we spoke to bob billingham, who said san francisco had something none of the other cities had. >> one of t

we've had success showing it to visitors. >> maria and others like her hope to boost the local economy by combining the mine tours with visits to other nearby attractions like desserts. >>> here's the weather forecast. >>> welcome back to your "world weather update" for wet weather is going to be moving into japan over the next couple of days. active low pressure system is sweeping across bringing rain first of all around lunchtime today and then, sweeping across western portions of the country. and then reaching tokyo as well later tonight. over toward northeastern china, you see wintry precipitation working its way and that's going to be moderate snow for you and then as it moves to north korea, it will perhaps turn into cold rain and sleet while the south also, is going to be looking quite wet throughout your thursday. elsewhere across china, dry and settled for the most part. a little cloudy in places like shanghai. and very mild. 12 degrees in seoul and tokyo is going to be 7 degrees. very warm for this time of year we head over to the americas. the winter storms affect eastern ca

when we spend the money, though local economy, that has a benefit for the neighborhood. we have local businesses, our businesses. the contractors and our work force to be able to taken advantage of for the years to come. we have a lot of input from the building trade, contractors, developers big and small. this is beyond any one particular office. in town i have heard that as saying citywide complaints. we have traded the momentum for this historic legislation. i would like to think my colleagues for getting this conversation started. hopefully we will have the support of the mayor who is still unclear about where he stands on this legislation. i would like to think the mayor's office on workforce development. i would like to think ed harrington. i would like to think the carpenters' union. -- i would like to thank the mayor's office, ed harrington, the carpenters in hand. we would like to it think the chinese for affirmative action. the san francisco labor council as well as some of the community partners that have been instrumental. the south these jobs coalition, the

local high has ancillary benefits in our economy. i want to add that there is a real hunger out there in san francisco. there is a real hunger, and it is not a recent hunger. it is a hunger around for decades, people wanting to have greater access, wanting to have

economy, creating thousands of local employment opportunities. also, it represents an unprecedented three-to-one return of federal dollars for every dollar invested of our local dollars. a big thank you goes out to all of our stakeholders, partners for working with us, to close the projects remaining funding gap. we will continue to work closely with our founding partners and the s.f.cta as we begin preparation to revise our financial plan to the federal transit administration in february of 2011. commissioner campos: thank you. just a quick question. i know there were some initial remarks about this. some questions for the executive director. i want to keep it brief because the have a number of members of the audience here. it does this plan makes sense to you, are you supportive of this strategy? i know a lot of work has happened between this and last meeting to make sure both agencies are on the same page. i wanted to make sure that we get that for the record. >> chairman, commissioners, executive director. i think this is exactly where we nee

through the american recovery and reinvestment act, we are creating jobs and stimulating the local economy. this project will create and save more than 1300 jobs. there is also a number of contractors to advocate 46% of the contract in dollars to women who are disadvantaged and small businesses. i should take a moment to recognize the gsa team which got this project moving. the deputy regional commissioner, tricia chang-lin. [applause] director of design and contruction, cathy lee. [applause] moncey eggleham. mat gier. and the san francisco service dorector jim caen. [applause] and all of the other team membes. none of these projects are possible without our many contractors. the team of hks and the multiple consultants, the commission ferm, space climbers -- the artists at the cliff garden stidios. for -- studios. for all of those, a round of applaus. i could talk about how happy gsa is to gettng to this building. i could nnot be happier to introduce this man. he is born and raised in his city. mayor gavin newsom is here with us as we breathe life into the civic center. hsi strong support

probably the most important economic effect of local hire on our economy is the spending effect. san francisco residents employed here will spend more of their wages and salary here compared to commuters from bay area communities, whose paychecks leave with them when they go back to their own communities. the greater level of spending will multiply through our economy after hand a greater impact on total spending. it is the worker who goes home and goes to third street are the fill more, buys groceries and shoes and clothes for the family, and that means the money will stay here in the community, be recycled back and have multiple sources of benefit for people in our communities. also, for example, the red level spending will multiply throughout the economy and have a greater impact on total spending and employment. according to dr. -- the professor of economics at san diego state and the team that completed the labor market analysis for the city, it is around 1.51. at the metropolitan level, it is around 1.73. the difference between the two multipliers can be interpreted as the

with the local economy. i think it's been difficult to convince people to be supportive because many of them are struggling businesses, many are them are actually doing okay, too, that are managing to get by, wouldn't say okay, but are managing to get by despite the economy and have been opposed. i do want to support this moving forward. i do believe that once we see what the benefits of the community benefits district are going to be, it will be something many will consider worthwhile to continue and so i want to urge colleagues to support this effort. thank you. president chiu: with that, unless there's any -- supervisor elsbernd? supervisor elsbernd: thank you, mr. president. i am really, really sorry, but i'm not going to be able to support this. i wanted to support this. i came in wanting to support it. i've admired supervisor avalos' work on this, i've admired the community's work. i had every intention of coming in here to support this, but then these numbers came down and, i'm sorry, but if you take

it certainly benefits the economy when unemployed local residents have jobs. that increases spending in neighborhoods, and that ripples throughout the economy. to the extent, however, that the legislation increases construction costs, that has a negative impact on the economy. the city must reduce its spending in other areas, on general fund projects. for bond-funded projects, the city have to make due with less scope, less public works created, or it will have to get the money somewhere. the extent to which construction costs are inflated is a bad thing. supervisor avalos: when you say how much -- how much are they being inplayeded on a year by year basis? we are putting in about $1. billion a year, and we are saying our costs are inflailted by what amount? >> we actually think it is about $930 million of covered projects. so it is about a 1% cost inflation, if that puts it in context. supervisor avalos: would you call that significant? 1% out of $983,000 doesn't sound very significant to me? >> supervisor, the adjectives are not something that i can add a lo

support local businesses and small firms that are trying to make it in this economy. it's very important for our overall economy. >> reporter: here's another way to look at it. peter fran cho tells me that 86 cents on every dollar that is spent in a local store here in baltimore will stay in the city compared to 30 cents on the dollar if you go to say wal- mart one of the national chains. so there's a good way to look at it. when you're shopping here in fells point if you led to federal hill this weekend, most of your money is going to stay in the state in the city. again the retailers we talked to say they hope there's no snow this weekend. they hope for the final push will be clear of snow because mother nature can really put a damper on their holiday sales. we're live in south point cheryl connor, abc2 news. if you're looking for last minute gift ideas shop local. we have a great guide on our web site abc2news.com on our special page dedicated to the holidays we've got everything from features on local stories to shipping tips to holiday recipes all from your neigh

you have a recipe to strengthen our local economy and to ensure that our city dollars are investing in those communities that have been hardest hit by this economic crisis. so we believe that this legislation is a great first step, and we also believe there is more that we can do to expand these opportunities for city jobs and city contracts. at thank you very much. -- i thank you very much. chair avalos: thank you. next speaker, please. >> i am a resident, a business owner, and i want to commend you, supervisor avalos. i want to point out that there is additional savings with local hire, because you have to pay prevailing wages, and the people that are coming from out of town, that will reduce the construction costs, and a lot worse saying that this would be in negative impact on construction, but i definitely think we need to count that. i am also concerned about the implementation that, right now, in public works projects, there is a requirement that there be 20% apprentices, so having a local hire of 20% is very achievable, but the game the system, so i would request that there be

the americas cup could ultimately pump over a billion dollars and thousands of jobs into the local economy. and that's good news no matter what side of the aisle you're on. >> i want to thank everyone on the star board side and port side of the board of supervisors. >> reporter: the mayor says the city will know by december 31 whether it will be the next host of the americas cup race. and the board of supervisors and mayor are set to change shortly after that, the mayor says he's confident the next people in charge will carry out the promises made by this administration. jonathan bloom, kron 4 news. >>> the a's welcomed in a former world series mvp who goes by the name godzilla. hear from matsui. that's straight ahead. average and monta ellis and the warriors try to snap a losing streak. can they do it? [ female announcer ] safeway talks holiday favorites. i think there are eggnog people and non-eggnog people. and which are you? i'm a fish. on a tree. [ female announcer ] if it tastes like the holidays, we've got it. safeway. ingredients for life. wow. i love the way she plated that roast.

. >> the economy is tough right now, everywhere. >> we pumped $21 million into local economies, into small businesses, communities, equipment, materials. >> that money could make a big difference to a lot of people. >> opportunity can start anywhere and go everywhere. to help revitalize a neighborhood in massachusetts; restore a historic landmark in harlem; fund a local business in chicago; expand green energy initiatives in seattle. because when you're giving, lending and investing in more communities across the country, more opportunities happen. and the william and flora hewlett foundation, working to solve social and environmental problems at home and around the world. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: retailers had high hopes for business this christmas eve. the season could turn out to be the best in several years or even better. shoppers flooded stores and malls across the countr

hosting could mean $1.2 million to the local economy and nine thousand jobs. >>> supporters of wikileaks supported saying they are in favor of leaking secret military documents on the website. they say the founder and accused whistle blower are revealing information that the government won't. many are members of the coat pink movement. >>> san jose may be days becoming the largest california city to ban plastic bags. the city council is expected to approve the law tuesday. it would require shoppers to bring reusable bags for pay to buy a paper one. they hope others in the area will join them and the ban will event by be statewide. >>> a rescue for bird lovers. how they managed to remove a beer can collar from a seagull what's being done to find the people who put it on. >>> a wild ride for drivers in the midwest. a massive winter storm that's closed highways and canceled flights. >> the weather center, the fog has been the big story this weekend but soon it's going to be rain. we will talk about that. [ female announcer ] get the season's top toys at walmart's toyland, where you'll find

we need to make sure they can benefit and keep that money in the local economy and this is not going to hurt the work of the building trades. we're prounion and make sure they can get good jobs. let's create change and make it happen. >> reporter: in san francisco this morning workers got busy in front of this building. the workers and coworkers would see the effect gradually. if passed the mandate would be faced in, year one 25% of the workers would have to come from san francisco and the percentage would increase 5% every year for five years until the 50% mark was hit. the san francisco building construction trades counsel worried about their union members not being able to meet standards no matter their efforts. secretary treasurer of the counsel spoke to us by phone today and said the supervisor avalos met concerns. >> if you have the mandate which the legislation proposed, contractors can't ever can't always live up to the mandate even if they do everything they are supposed to you jack up contracting costs if you hit them with penalties for something they can't avoid. you need

. >>> not good news for the local economy, silicon valley giant yahoo! is getting ready to hand out hundreds of pink slips possibly as soon as today. tara moriarty has more. >> reporter: good afternoon, tori. no official word from yahoo! yet on these pending layoffs but we've been told by an inside source that we could see people with pink slips starting to walk out of the building in about two or three hours. security has been beefed up around the grounds here. this will be swift. the insiders tell us that all of the managers went layoff t raining yesterday. let's take a look at some video we shot. these are folks getting off the bus. they are in the products division. our products say people in that department have been on edge. that's because most of the s pending job cuts are, this the fourth round of layoffs. >> this is a very time of year. people go home without a job. people aren't hiring. most people are on vacation. you are treating people like equipment a that you get rid o f -- equipment that you get rid of at the end of the year. >> reporter:

the americas cup could ultimately pump over a billion dollars and thousands of jobs into the local economy. and that's good news no matter what side of the aisle you're on. >> i want to thank everyone on the star board side and port side of the board of supervisors. >> reporter: the mayor says the city will know by december 31 whether it will be the next host of the americas cup race. and the board of supervisors and mayor are set to change shortly after that, the mayor says he's confident the next people in charge will carry out the promises made by this administration. jonathan bloom, kron 4 news. >>> the a's welcomed in a former world series mvp who goes by the name godzilla. hear from matsui. that's straight ahead. average and monta ellis and the waio [ steve ] i was registering my citi card for the holiday sweepstakes, when i got this toy from my colleague in japan. turns out robosan was the hottest toy of the year. [ news tv ] robosan 4000 is sold out across the country. [ steve ] i was going to sell it online and make a fortune. but then, i won a $1,000 prepaid card just because i u