mr. ronald gerhardt from the city college of san francisco ~. he is the chancellor's designee for a seat on the treasury oversight committee. chairman yee, you will recall last year when we filled some of the other seats that this is a committee that is charged with assisting the treasurer in advising him on the investment of the pool of funds that holds both the city's revenues as well as other bond revenues from both the puc and then the school district's money as well as the city college's money. the purpose of the oversight committee is to involve the depositors in the oversight of these funds and, so, under the administrative code the city college does have a name seat. and, so, that is why the treasurer is nominating mr. gerhardt today who is here to speak on his qualifications and answer any questions that you may have. >> okay. mr. gerhardt, would you like to make some comments? >> yes, good afternoon. i was asked to i guess give you the thumbnail version of my bio, my resume. i've been with city college approximately five months now. i'