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Second. Motion and second. Any further suction . All in favor say aye. Aye. Opposed no . The ayes have it. Okay. How about having a break. Sure. Thank you very much. Fiveminute break please stand by; meeting in recess [speaker not understood] any member of the public wishes to address you on this matter. [speaker not understood]. Sorry, you saved the best for last. Good afternoon, members of the board. [speaker not understood], cfo. So, this is just a presentation to let you know some of the financing vehicles, the structures were thinking about for the next coming year. Were not asking for ap...

To the point if green cab has no history of ramp medallions, should they still be able they will still be able to participate in the ramp permit program. Well, the way that its written, it is not as much. However, this is a starting point for us. So, what were going to start with is who has a history of that performance. Does it guarantee theyll always do well . So, its part of the use agreement assuming they dont do as well for whatever reason. Wed be pulling those back and redistributing them to companies that do express an interest, the desire that want to service that community. Thank you,...

And its worth noting on that final bullet that the debt service for this contemplated issuance has already been included and approved as part of your 201314 budget. The commercial Paper Program, theres a lot going on on this page. And im not going to try to cover all of this. The take away is what weve already noted. The short term maturity, that first bullet category in that right hand table, has a maximum maturity of 270 days. And upon maturity its up to a commercial paper dealer and investment bank, bank of america, a morgan stanley, that type of institution to roll that over to new investo...

Yesctionv used, how its expected to be used here in your case. Generally again, the Program Requests the authorization the request will be the full 250 million. With commercial Paper Programs you typically dont initiate the full authorization on day 1. So, on day 1 the idea is of that 250 million, 100 million will be established. So, youll be paying on the full 100 from day one, not the 250. So, thats a mechanism of to put authorization in place but reduce costs. The estimated cost for the 100 million, assuming it were all drawn for an entire year is about 2. 2 Million Dollars in interest cost...

Wheelchairs. To get there, this is a step toward that and i think not only setting standards, but Holding People accountable to those standards. I personally think 8 trips a month is not very much. I mean, you know, you look at the generation coming along, more and more people needing this. Baby boomer at a bare minimum. Incentive to drivers for doing this. This is a beginning. Well come back to this with a lot more information in the future. Okay, on the question . I will give a motion to approve. Is there a second . Second. Motion and second. Any further suction . All in favor say aye. Aye. ...