mr. levinson said controller 2 options for calculating the gam limit can either be calculated on the california -- pertain to capital income in california or the percentage change in the local assessment of new nonresidential construction. it's based on controller's calculations, the limit is 2.6 billion for fiscal year 2012-2013 even if they chose the alternative calculation, it would still have been 2.5 billion. in either case it exceeds the estimated tax code [speaker not understood] * and we recommend approval. >> thank you very much. why don't we open this item up for public comment. are there members of the public who wish to speak on item number 6? seeing none, public comment is closed. can we move this item with recommendation? >> so moved. >> okay, we'll do that without objection. thank you. item 7, please. >> item number 7, resolution approving the 2012 grant application for the united states department of housing and urban development continuum of care program and fulfilling the san francisco board of supervisors review and approval process for all annual or otherwise recurring grant