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Excess bond proceeds for the bayview Hunters Point project area. Again we plan to come back at a later meeting for the excess bond proceeds so i would like to introduce [inaudible] to go over the two programs that we want to fund with this Grant Agreement, but i would like to say prior to disillusion i worked on the bayview Hunters Point project area and we worked closely with the community in bay view of funding the sf shines tenant facade Tenant Improvement Program and this is one of the priorities of the area to bring Economic Development and improve facades and thereby generating jobs in b...

Chair rosales, commissioners. Ray miligan contract compliance supervisor. What i would like to get accomplished today is a walk through the quarterly sbe component, the workforce components and talk about some changes with the city local 14b work Performance Program and the next steps that i would like to propose for ocie. Before i get too far deep into the the presentation, i do want to just preface by saying that there are two significant changes to your reports that you should be an aware of. One is the fact at the request of the commission we started tracking minority female data so when y...

Is absent. Commissioner, we have 3 ayes. The next order of business is 5e authorizing personal serves contract with Public Financial Management ink for Financial Advisory services in an amount not to exceed 122,000 related to the proposed sales of tax exempt and taxable tax allocation bonds for mission bay north and Mission Bay South. Commissioners, as you recall we refunded a number of bonds in the existing portfolio but these bonds in particular, they are still outstanding bonds in mission bay north and south given the particulars of the plan, its a separate refunding, we want to take advant...

For Financial Advisory services in an amount not to exceed 122,000 related to the proposed sales of tax exempt and taxable tax allocation bonds for mission bay north and Mission Bay South. Commissioners, as you recall we refunded a number of bonds in the existing portfolio but these bonds in particular, they are still outstanding bonds in mission bay north and south given the particulars of the plan, its a separate refunding, we want to take advantage of lower Interest Rates of refunding component and there is a new program component, as you know one of our key missions and goals for Affordabl...

Deal of those dollars going with the local workforce contracts. We are shy of the 50 percent goal more at 27 percent, but well walk through that as part of the presentation on why that is and why are we getting those local goals up. We have a lot of activity going on in the city. With that, i would like to ask raymond lee to walk you through this Quarterly Report and we also have the director of the Workforce Division pat miligan who is here and he is joined by other members of the staff as well. Thank you director bohee, chair rosales, commissioners. Ray miligan contract compliance supervisor...