welcome to san francisco budgeal supervisor, budget and finance committee meeting. my name is mark farrell. joins by supervisor tang. want to thank sfgtv [inaudible] >> please silence cell phones and electronic devices [inaudible] as part of the [inaudible] >> thank you madam clerk. we have a relatively short agenda so we start off calling item number 1 >> [inaudible] resolution of a multihousing [inaudible] 61 million. [inaudible] financing for the acquisition and construction of [inaudible] located in the sates eof 588 mission bay >> thank you. pam sims is back next week. >> i will give a quick sumy of this item. it is associated with the issuance of bond proceeds to pray construction related to development of 588 mission bay bull vrd north. when completed this will be a 200 units affordable housing unit for families earning 60 percent income or 61 thousand for a family of 4. this is con duet finances and the city isn't interested to pledge repayments for the boj mptd here to explain the changes is heidi [inaudible] from the city attorneys office >> thanks very mu