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One thing to note the state Water Resources control board earlier this month sent out a notice indicating that the potential for curtailment of diversions is a possibility that they will be ready to take up throughout the year depending on how it goes forward and personally if february is a dry month i i suspect well see a lot of activity out of sacramento and its very important to us so well be watching that one very closely but other things could happen as well and id be happy to answer any questions. In case you guessed a while back that since 1900 if we have very heavy december rainfall we...

It also makes it really complicated because you have in any one grant year, 50, 60 different organizations receiving grants but thats the way we do it and i think that kind of patch quilt is a good thing in San Francisco and that covers a whole lot of work in housing for example, there is tenant counseling, theres first time Home Ownership, its done a lot to support the housing programs, the hope sf x the envisioning program, we have Small Business assistance, we have child care services, so its supporting a lot of different organize sashes doing different work and i hear some of the previous ...

And we paid 21,000 for it and i thought myself, theyre buying a new car every year a nicer car than we have. By the way its a ford. A very nice carment they could have had that. Anyway, that is a lot of money, and when i reflect on this, think about some of the concerns that have been raised. Well what about the small investors . To me, the small investors are the people who are in the greatest need of getting advice that is in their best interests, because they dont have margin for error. And so when i hear that argument, i am i agree with the notion that small investors deserve advice, and w...

Are bigger yet the federal Government Cut 16 of cdbg this year and 20 of our [inaudible] fund, we had to deal with that fact because some people are not going the get their grants. What we did this last month was to take a compelling argument to the mayor and it will come to you hopefully too to backfill that lost funding, its essential to Keep Community development stable because the other option is to cut those critical grants to the ground. I would say that its a critical time to do that because were seeing widening disparities in wealth and it is a time when the federal government is givin...

Turned down. Theyre socially and economically disadvantaged organizations and i would like the see more work witching the nonprofit environment as opposed to working with the Small Business community, theres some private and Nonprofit Organizations, they collect this money under the mckinney veto act and provide transitional housing but theyre only obligated to provide it for 12 years and then they can go private and turn it into a condominium so theyre telling their president s to get on the Public Housing waiting list because they want to convert. Then you have some thats just trying to say ...