we're also building a substation as part of this project, and so cdm smith also has aecom has a major sub under this particular contract. >> any comments? to the public, any public comment? may i have a motion? >> i'll move it. >> second. >> all those in favor? opposed? the motion carries. next item. >> clerk: and i will read items 10 and 11 together -- i'm sorry, items 11 and 12. item 11, authorize the general manager to authorize an installment sale agreement to secure a state resolving loan in an amount not to exceed $132 million with a principal for givenessme giveness amount not to exceed $48 million. [agenda item read]. >> good afternoon. richard morales, manager at the p.u.c. today, you're being asked to consider two separate items to provide low cost state revolving loan funding for the wastewater enterprises capital spending program. although the s.r.o. loan programs you're being asked to consider are almost identical, they are two separate items, and they cover two actions, so they'll be presented as two separate items. quickly, the presentation will provide a brief backgrou