city clerk: item # 11 aaron matas:. informational presentation on the port's year-end report on contracting activity for the fiscal year july 2013 through june 2014. >> good afternoon, i'm here to report on the contract report for july 2013-union 2014. -- june 2014. the report is to look at our delegate authority and look at our participation in terms of contracts awarded as well as payments made different for prior years are authorizing payment as well as some consultants and contractors. the port commission is aware of the program but for the benefit of the public i will briefly go over it again. the lb program was expanded to expand the city's opportunities for small based companies. lbe contractors receive bonuses as review of awards and also set contracting goals for prime, subconsultants based on the project scope. it must be met by the end of the contract. this ordinance applies to contracts above a certain value and those that receive local funds for state and federal awards at their excluded because of state an