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Comment is closed please call the roll. Item two, commissioner avalos . Aye. Commissioner breed . Aye. Commissioner campos . Absent. Christensen . Aye. Cohen. Aye. Commissioner farrell. Absent. Commissioner kim. Aye. Commissioner mar. Aye. Taning. Aye. Commissioner weiner. Aye. Commissioner yee aye. The item passes. Okay, mr. Clerk, could you call item number 3 . Item number 3, the chairs report and this is an information item. Colleagues last week, i had the pleasure of going to washington, d. C. As part of a regional delegation with the metropolitan Transportation Commission and a number of ...

Thanks. Anything else . Thank you. I would like to ask craig to present the Quarterly Financial reports. Good morning. I am here to give the Quarterly Financial reports and five in the package and following is a brief summary. The first is the budget actual report and through the end of the Second Quarter of the fiscal year we were within budget. Capital expenses were 36 of the capital budget. Operating expenses were 27 of the operating budget of the second report is the contract status report and this shows amounts authorized and spent for tjpa contracts as well as sbe and dbe activity. Tjpa ...

Thank sfgtv for broadcasting todays hearing. And mr. Clerk, please call item number 2. Approve the minutes of the february 24, 2015, meeting this is an action item. Okay, our colleagues, are there any changes to the minutes . Can i have a motion or actually could i just call the roll in a number two . On item two. Avalos. Aye. My apologies. Is there any Public Comment on item number two . Seeing number, Public Comment is closed please call the roll. Item two, commissioner avalos . Aye. Commissioner breed . Aye. Commissioner campos . Absent. Christensen . Aye. Cohen. Aye. Commissioner farrell. ...

Operating expenses were 27 of the operating budget of the second report is the contract status report and this shows amounts authorized and spent for tjpa contracts as well as sbe and dbe activity. Tjpa has distributed 162 million to these groups over the life of the program. The third report is the investment report and we invest in a variety of different investments such as treasuries, commercial paper, certificates of deposits. Some of our certificates of depoiseits and commercial paper matured since the report and in january and february. A portion of the proceeds have been moved to the mo...

February. A portion of the proceeds have been moved to the money market move funds for payment and the remainder was reinvested. The next report is the inception to date report and presents Capital Expenditures and revenues since the beginning of the program and the next is the Program Reserve and contingency status report. This report shows draws on the various contingencies and Program Reserve for Construction Contracts and change orders and thats my report and i will take any questions if you have them. Thank you. Great. Our next item is the budget revision schedule. We have been working wi...