estatewide, it is the dark bar s san fran. we, the city and county, really use this tool. we do participate in a small portion of that. ei will be happy to answer any questions. supervisor farrell: i think what i want to make sure is i got a lot of calls for 10 minutes from my constituents and other people. i hope to make clear what a great job you to managing this program. this policy of the board and otherwise that is in our past practices. not in the least, our professional staff does an amazing job. thank you. >> as always, a great presentation. supervisor farrell: i would like to ask the city attorney. i suppose mr. blake would be the one. really, to talk about cop's in particular. if anyone has a more historical perspective, specifically how it works. >> my name is mark blake, and i am a deputy city attorney. my specialty is finance and the closure. my comments will be brief. certificates of participation are forms of long-term debt that provided interest in loan payments payable by a government agency. cops are you less by the city only for the construction of capit