at sfgtv, derrick fernandez and mr. young. >> please silence all cell phones and electronics. completed cards should be submitted to the clerk. items acted upon today will appear on the september 18th, 2012th board of supervisors agenda unless otherwise stated. >> thank you very much. would you call items one and two. >> item one, resolution approving issuance of up to 502,200,000 aggregate principle amount of san francisco airport plan bonds and approve certain matters. 2, ordinance appropriating 502,200,000, proceed for sale for capital improvement to airport commission for 2012-13 and commission for 2012-13 and placing total appropriation reserve pending sale. >> thank you. we have julia dawson from the airport. i would ask you speak about the bonds and what the purposes of the bonds would be. also speak to budget analyst recommendations as well. >> okay. chair chu, members of the committee, julia dawson, i'm the budget manager of the airport. we are here asking for approval to issue 502.2 million in bonds, but also to appropriate 502.2 to support the capital plan. i would