. >> good afternoon, farrell and supervisors i am pam sim. and a development specialist in the community investment and sometimes i forget, the resolution before you will authorize the application for the bonds to pay for the construction and related to the development costs and associated with the mission bay, south, block 7 west and located at 558, mission bay boulevard north, mission bay block seven partner ss comprised of related companies of california and the chinese tent center and they are the project sponsor, and when completed the block 7 will be a 200 unit development comprised of 71 one bedroom units and 129 two bedrooms, and managers units and they will be targeted to house holds of no more than 60 peshs of the income and 58,258 for a family of four. and mission bay is one of three former redevelopment project areas, and approved to move forward by the state department of finance. these transactions are financing only which do not require the city to pledge the payment of the bonds and anticipate the application to the california

despite the crit sim, many people -- criticism, many people are exciting say it's it's a huge milestone. pamnol grade. everyone behaving? one of the reasons i will say, not only is 680 slow getting into fremont but so is 880. there's not really a good alternate. not only is 680 very slow, but it's also slow on 880. we've had problems in the way here heading down to the fremont area and ultimately into the valley. i will show you the map here. you can see 680 and 80 both in the red. it does finally get better by the time you reach milpitas. when you get into the valley, 101, 280 and 85 are slow. if you have the luxury of waiting around, you may want to think about that. northbound 17 has been a big mess coming organizer the hill because of the red -- coming over the hill because of the red roads. the bay bridge toll plaza is backed up for 30, 35 minutes. another day of a lot of cars today and tomorrow in san francisco because of the baseball game and the big software conference. 8:47. let's go to steve. steve, again, i'm not bringing any rain gear, right? >> so you are not going to the basket