you know, respect for youth sailing and support for youth sailing, unarguable. preservation of eel grass beds, unarguable, and i do understand what that is having picnicked on that beach before the sailing center was already there. and yet, that resolution, there are items in it that will be viewed as binding even though they are not precisely binding. when you do negotiate the lease agreement for the -- for the marina, and i so think it's careful -- it's important to be very careful about what exactly is binding you in this thing, what provisions you feel you have to be obliged to honor when it comes to these leases. it seems the owner has rationally asked for a continuance so they can work with the community and with you on working out those items that will be viewed by some as binding. i'd like to get -- it's reasonable of you to grant them that continuance. thank you. >> hi there. my name's ashley wallace. i'm a sailor out of emory cove marina. i just want to say how important the cove is for us. it's a gathering place in the city. it's a really great place

argue about and excessive burden and a great deal of uncertainty and cost and i think that part is unarguable. >> does the board or any other regulators task with the implementation, the five others? can you repeal the rule? >> we can't repeal the rule and there are limits on our ability to make changes that we would have otherwise thought to be appropriate because of the terms of the statute itself. there's a lot to do to increase the certainty of application and the other agencies are working with us well together in order to effect that. >> we'll be watching. >> chair recognizes the lady from new york. >> the fed have been participating in discussions with occ of the changes of the cr. it is unclear if they will sign on to the occ's advance notice of proposed rule making. what can you tell us about this discussions? do you agree with the direction that occ is taking? >> so those discussions you know, they've had the full engagement of all three banking regulators and so far they have been and i have no reason to expect that that would change. they have been collaborative among all three of