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Market makers on Bloomberg Television. I am Erik Schatzker. I am Stephanie Ruhle. Im here at the nasdaq at the founder summit. This brings in great names like aero and oculus, and the bankers to represent them including Goldman Sachs and blackstone. P are hot. Is stephanie, looking forward to it all. On assignment not too far away in midtown manhattan this morning. In the meantime, the monthlong feud between ebay and carl icahn appears to be over. This will give him confidential access to the company, and he has withdrawn his demands for a paypal spinoff and 2 seats on the board. I spoke to ce...

And here you see a graphic that you have probably seen many times before, and it shows the 1. 3 mile extension from the current terminal of the cal tran to the new Transit Center and you see on the graphic an outline of the Downtown Core and we saw a circle showing the area that we are going to see the benefits that maria was describing that are outlined in the report that you just received and the new neighborhood that the Transit Center is helping to create. And one thing to note, about this graphic is that it provides a visual illustration of how necessary the dtx is and if you look at the ...

Significant milestone, in terms of putting in place, the first major component of our phase two funding plan and those are revenues that flow from the Transit Center and district plan as all of you recall it was enacted last august and as part of the plan it allows for the up zoning of certain parcels on the planning area and up zoning allows for the developers to build the taller buildings and they are worth more money and so that is a significant benefit to the developers and in exchange, the developers are required to pay Certain Property taxes and impact fees. And so, the city is working t...

Enter city rail and the high speed rail into the new Transit Center and you see two numbers there, 1. 3 miles and 1. 95 miles and i will explain the difference between the two numbers, during the next slide and we want to enhance the connectivity of the cal trans and the other systems. And the other trail and the vehicle miles traveled. And the vehicle emissions and improved the air quality and the increase of Property Values that we were just discussing and it was also very important to us that the dtx be designed and constructed in a way that accommodates the citys future goals specifically ...

The up zoning of certain parcels on the planning area and up zoning allows for the developers to build the taller buildings and they are worth more money and so that is a significant benefit to the developers and in exchange, the developers are required to pay Certain Property taxes and impact fees. And so, the city is working to put in place, formation legislation, that will set the rate and method of aportion for the special property taxes and they are taking the lead on that and the plan is to introduce that legislation some time in the next few months, and in addition to the reasons that m...