. >> we are now on item number nine, the betty ann ong chinese recreation center. commissioner lee: what about item eight? >> i'm sorry. item eight. item eight, the 2008 clean and safe neighborhood parks general obligation bonds third sale. powerpoint, please. thanks, margaret. i can get started. is that better? no, go ahead. there we go. commissioners, and i am very excited today to be here. hopefully, to receive your authorization to proceed with the third and final sale of the 2008 clean and safe neighborhood parks general obligation bonds. this is a key indicator of the progress of our capital division over the past year in delivering on the promises we made to the public about delivering these " great neighborhood parks, as well as a number of city-wide programs. this is our third sale. we sought two sales prior to this. a quick reminder, the $185 million, about $150 was for the rec and park department. we have worked together. we have done very successfully and are passed two sales. i apologize for my voice. i lost my voice and i cannot get much louder than t

. >> we are now on item number nine, the betty ann ong chinese recreation center.missioner lee: what about item eight? >> i'm sorry. item eight. item eight, the 2008 clean and safe neighborhood parks general obligation bonds third sale.

. >> now we are on item number nine, betty ann ong rec center. >> good morning, commissioners.m the project manager with the capital division. the item before you today is discussion and possible action to plant construction for the new clean and safe neighborhood parks generalbetty ann ong chinn center, which is greater than 10% of the original approved contract amount. just a little bit of background. on may 20, 2010, the commission approved the contract to approve construction for the amount of $10.8 million for the contract. the project is -- is scheduled to be completed in may 2012 for a grand opening thereafter. in early august, we had a milestone celebration that was attended by the mayor and many commissioners here. and the general public -- general accolades for the project. everyone is excited about this project. i actually brought a picture, if you can see it. that is the current state we're in. . contract modification of to 10%. modifications exceeding 10% require recreation and park approval. the contract amount increase is still within the overall project budget.