my name is angela buzz. i'm a 24-year resident of this area. i'm standing here before you to express that our community needs this project and improvement. we have been promised for year that this treatment facility in our area would be fixed up or replaced. we need to invest in the southeast part of town. this new treatment plant has the possibility to transform our neighborhood and to put people to work. so after 10 years of talking about doing something, this is a great opportunity to do something beneficial for this community. and you should definitely pass this contract right away. thank you. >> thank you, next speaker. phyllis sterling? >> good morning, supervisors. my name is phyllis sterling and i'm also a native of san francisco. opportunities like this should never be delayed. especially because it will have such an impact on our young people. i'm a mother, i'm a grandmother and a child care provider. i know what it means to give hope to these children and young families who are trying to make it. this project has the potential to off

angela miles. in today's first look: second-quarter earnings are set to begin today as analysts ratcheted down expectations. blackberry shareholders meet tomorrow to get the latest company buzz. blackberry recently reported an unexpected loss despite sales of the new blackberry 10. mortgage rates eased off some. the 30-year fell to 4.29%. the 15-year dropped to 3.39%. rates rose dramatically above 4% a couple of weeks ago on fears the fed was closer to ending its bond-buying program that's been stimulating the econony. here to give us a glimpse of today's trading action, glen schultz of performance trust. good morning to you. - good morning. - what are you seeing from the big bond funds? are the big guys nervous here? - well what we have seen in terms of the big bond funds over the last two weeks as interest rates have trended up, is we have seen a lot of withdrawals coming out of those funds, and we have seen those portfolio managers, big bond fund managers, out reassuring their clients that the worst, in terms of the upward trend in rates, is behind them. so if we see rates stabilize here, then perhaps redemptions are going to slow or stabilize. if, on the other hand, we c