vital interests for safety and economic interests, among other reasons. thanks so much. >> supervisor cohen: thank you. >> good morning, chair cohen and supervisors. my name is alex major. i'm here today to speak in support of the port seawall project. the embarcadero seawall is the foundation of 500 acres of downtown neighborhoods, the under pittance of critical infrastuckture. we think it's important to note that one out of every eight jobs in the bay area is located in downtown san francisco, and a 2007 study estimated that the seawall protects over $100 billion of assets and economic activities, so for these reasons, we ask you to support the seawall project. thank you. >> supervisor cohen: thank you. >> good afternoon, chair cohen and members of the committee. my name is thea seldy, and for identification only, i am the former chair of the citizens general obligation bond oversight committee, and i am the current chair of the san francisco transit riders, which is a grassroots nonprofit that is the voice of the san francisco muni, b.a.r.t., and caltrain riders. and i'm here today to urge you to support this $425 million bond. as you know, the embarcadero sea