. >> chairperson chu, steve lee. >> it sounds like the mta concurred with the findings and was working to resolve the issues, but on the larger issue about whether or not this financial structure is still one that ought to continue moving forward. it appears that the mta is applying the policy very differently. and so in two structures they are dissolving of that original non-profit intermediary structure and two, recommending to move forward. can you explain what your board's rationale was for having an inconsistent application? >> supervisor, in addition, to the non-profit, the mta currently has in existence we have portsmith garage run by the c

. >> chairperson chu, steve lee. >> it sounds like the mta concurred with the findings and was working to resolve the issues, but on the larger issue about whether or not this financial structure is still one that ought to continue moving forward. it appears that the mta is applying the policy very differently. and so in two structures they are dissolving of that original non-profit intermediary structure and two, recommending to move forward. can you explain what your board's rationale was for having an inconsistent application? >> supervisor, in addition, to the non-profit, the mta currently has in existence we have portsmith garage run by the rec and park department. so actually five non-profits existed as part, that we looked at as part of the inwinding of the bonds. what the mta board requested to do to go to the four non-profits that we oversee and have a [pha-ults/] discuss with each of the non-profits to see where they were in terms of unwining and serving in an advisory capacity. two of the non-profits choose to unwind their corporate structure and serve in the advisory capaci