the federal agency of the department of transportation charged with administring lfm's confirmed that $700 million has been reserved for the transbay transit center. the board adopted a new baseline budget of $1.5 billion, which basically added $4 million and this new baseline includes additional scope that was not in the 2007 budget. they upgrade to the gold rating, and most significantly, the below ground train box. you have a cost breakdown here of the budget. there are more details in your packet, but -- there is the contractor and another separate estimate done by the architects. after those estimates are done independently, they are reviewed and reconciled by the public construction managers for the program and by the staff, so there is a good level of comfort that the project will be built within that budget. here you have the schedule for the project. significantly, august 7 of this year, about a month away, service will begin at the temporary bus terminal. bus services will be moved to the temporary terminal and demolition will begin of the existing structure. construction wi