. >> we have chris corgas here, the senior director of the office of economic and workforce development and i see that we have steve gibson, executive director of the north of market tenderloin community benefit district who will present. mr. corgas. >> good morning, i'm part of the team that oversees the community benefits district program. today we're reviewing the annual report for the north of market tenderloin c.b.d. from 2015 to 2016. the c.b.d. assesses approximately 677 parcels and is a property-based district. it's assessment budget in its initial year was approximately $981,000, 981,437-dollars and it was established in 2005 and it expires on june 30, 2020. the staff of the district is executive director steve gibson who is here today to address the c.b.d.'s program attic achievements and the service areas are public rights of way and sidewalk operations, district identity and streetscape improvement and management and operations. there was the benchmarks for the c.b.d., and benchmark one, whether the variance for the budget amounts was within 10 percentage points from the man