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Sale of not to exceed 106,095,000 aggregate Principal Amount of city and county of San Francisco general obligation bonds, series 2014d; prescribing the form and term of said bonds; authorizing the execution, authentication, and registration of said bonds; providing for the appointment of depositories and other agents for said bonds; providing for the appointment of depositories and other agents for said bonds; providing for the establishment of accounts related to said bonds; providing for the manner of sale of said bonds by competitive sale; approving the forms of official notice of sale and...

Understood] lehman market sometime in august. Thank you. Congratulations for getting to this point. No question right now. Well move on to our budget Analyst Report. Yes, mr. Chairman and supervisor mar. On the bottom of page 69 of our report, we report that for the series 2014 c bonds owner with a residence of [speaker not understood] would pay average annual additional property taxes of 12. 54 per year. For the series 2014 d bonds, this is on page 70, the owner of a residence were an assessed value of 500,000 assuming the owner exemption of 7,000 would pay average annual additional property ...

Both transactionses, as you know, the [speaker not understood] imposes a limit of 3 of the assessed valuation ~. This issuance would bring it to 1. 21 which is way below that capacity that is allowed under the charter. Additionally, as you know, the capital plan also imposes a limitation of not exceeding the 2006 tax rate level, and this maintains that policy. In addition to that weve also included various documents that include the official notice of [speaker not understood], notice of intention to sell, the official statement as well as an appendix a, which is included in the official statem...

We use the proceeds [speaker not understood] hopefully with ground floor retail within close proximity to this location. [speaker not understood]. And then we will look for Warehouse Space that is in excess of 100,000 square feet. The proceeds of this sale are very much needed by good will for us to really move forward, expand our mission, we have to have much larger, much more modern facility. Just to put my good will plug in. Everybody thinks its a place to drop off your clothes, the retail store, thats not our mission. Thats just a means to accomplish our mission which is to take the chroni...

Both transactionses, as you know, the [speaker not understood] imposes a limit of 3 of the assessed valuation ~. This issuance would bring it to 1. 21 which is way below that capacity that is allowed under the charter. Additionally, as you know, the capital plan also imposes a limitation of not exceeding the 2006 tax rate level, and this maintains that policy. In addition to that weve also included various documents that include the official notice of [speaker not understood], notice of intention to sell, the official statement as well as an appendix a, which is included in the official statem...