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Conflict. Two actors kim, here. Peskin, here. Gee, here. , here. Harper, here. We have a quorum. I will call you next item. Item 3 medications and directors are not aware of any. No communications. Next item next item item for new and old business i have some new business one of the thing thats been going on at the board neglecting has been the required review of our officers. So, at the next meeting were going to have that closed session and at the next meeting is just what we talked about how ...

Is not included in our estimate but is included in the environmental document. The reason is not included is when the 20 was done for the btx, we want to connect the Transit Center to buy. This alternative variant scope and cost. Moving forward, the alternative will be considering is connecting twostreets according to mtc reports that alternative is to cost between 123 million. So, based on mtc review, there cost estimate review suggests that the phase 2 cost is between 3. 8 and 4 billion. Movin...

Peskin, here. Gee, here. , here. Harper, here. We have a quorum. I will call you next item. Item 3 medications and directors are not aware of any. No communications. Next item next item item for new and old business i have some new business one of the thing thats been going on at the board neglecting has been the required review of our officers. So, at the next meeting were going to have that closed session and at the next meeting is just what we talked about how to structure that review. That w...

No communications. Next item next item item for new and old business i have some new business one of the thing thats been going on at the board neglecting has been the required review of our officers. So, at the next meeting were going to have that closed session and at the next meeting is just what we talked about how to structure that review. That will bein terms of agenda planning thats going to be on the next agenda. Okay next item item 5 executive directors report. Good morning everyone. So...

Completed. They were delivered. On the steel that was offsite fabricated with delivered. All onsite basket consult on. Steel was fabricated at seven different sites. All on the west coast. I still came from the east coast for the most part. Casos came from the midwest in louisiana. All delivered last year. We completed other milestones we talked about going over firstrate also fremont street. July was a loca put together there that was installed during 2050. Some very dramatic architectural feat...

Iggs. The final risk parameters with wholesale power flakbations projected with the cost of power. Is that available now. Not available right now, no. It will be in about three months. In terms of how risk is treated within the model. Colorado you want to talk model. Do you want to talk about the financial build out. Yeah the wholesale price of power fluctuates considerably in the last decade and in many situation that is has defined the marketplace in this case, we are proposing a substantial d...

Rates. Really though, as it would apply to residential customers, fluctuation and is rates as they occur on the market, would be greater than they will be under a regime that is based upon local fixed capital cost and is that is what the build out will do you end up with over half of the power supply in a fair short period of time. Being behind the meter and being essentially hardware and performance based rather than market or fuelbased. So, from the point of view of the commercial customer, yo...

First model consistses of photowind and a regional wind farm and as provide by the two house four ordinance and the final will demand response and solar thermal and power storage to give greater depth to the model but we are confidant that the surpluses which we will tell you about shortly will improve very likely in that final model. On that point. At what point are you making sure is there a model that you are going to werent to us regarding the financial exposure to the rate pairs . Payers. T...

Happen along the road . Could you talk about that risky component assumption a little bit and what the risk is inherent in will. If i understand you, is that risk specific to commercial customers. Yes. Essentially it would be the same generic risk applied to residential you have large commercial customers downtown and high rises downtown consuming a big part of the energy and so they are more sensitive to fluctuation and is rates. Really though, as it would apply to residential customers, fluctu...

Price fluctuation, are simply a matter of whether the equipment works and so its a comparison of equipment to fuel. May be the best response would be to give us some bullets down the road and so we know how to respond to that issue and because rate pairs are going to ask that we how are we minimizing the exposure to them. Any other questions . Yeah i have another question too in the risk buts a little bit different and so my understanding is that the assumptions in had model and i guess what im ...