that was, i think, a very good outcome for us at this point, and i want to thank cynthia fong, our deputy for finance and administration for helping us shepherd through that process to have a smaller cost of doing business. that concludes my report. i will be happy to answer questions. >> thank you, colleagues any questions for our executive director? seeing none, we will open up to the public. anyone that would like to speak on the executive director's report please come forward. >> this item is item just for information. so it gives me an opportunity to give some information on some points. as far as the balboa station is concerned, i see the representative present here. i think you should push for the balboa station somehow connecting with the third street light rail. now it begins at fourth and king and ends at the middle of visitation nowhere. the san francisco county transportation authority did play a role in it and think that's fine. you spent $700 million. starts at fourth and king and ends in the middle of visitation valley in no man's land. it's high time that whenever balboa s