rebuild and of that amount some funds have been issued and leaving $209,955,000 unauthorized and unissuede fourth sale of bonds of proposition a for the hospital rebuild and contribute 207 million to project costs and additional $1.9 million for cost related to the issuance of this discount and citizens general obligation bonds oversight committee. sebt service on the bonds if approved is approximately $18 million a year over the 20 year life and $151 million in interest payments and three 61 principle and interest over the years. the three has two constraints on the issuance of these bonds. the first is the charter limitation of amount owed at any given time and 3% of assessed evaluation. if approved by the board that limitation will still be maintained and the bonds will cause that rate to increase by 0.1 2% to 1.2 two and the other constraint is the property tax rate for the capital planning committee -- if approved that rate will remain within the constraint of the 2006 property tax levels, and is included in the fiscal year 14 tax rate for geo bonds and finally the resolution approve

the reason why there's $19 million unissued young people is cost. it more affordable like in massachusetts, the uninsured rate 20 from 27% to 5%. in california, a little under a quarter of the new enrollees in the exchange were young people, which is very promising. we have a lot of work to do, just to get the word out. this generation knows very little about how the law works, and while december 23 is an important deadline, we're looking to the end of march as the real deadline to get people signed up. >> that's when they might face the tax penalty. california is seeing early success. can that be replicated? >> we are seeing variation amongment states. there are 36 states that rely on the federal gough for healthcare.gov. all of these states doing their own exchanges, and some states have been very smart reaching out to young people, trying different techniques. that is starting to pay dividends. i think we're going to watch closely to see which states are winners and which are losers as this rolls out. hopefully, we can do everything we can to mak