this is not the minimus -- de minimus. this is real money. everybody is getting paid back, but they are not ultimately having to be the upfront costs, which in this climate of liquidity and credit crunch, is incredibly important. any other questions? fabulous. thank you all. congratulations. [applause] supervisor mirkarimi: welcome to the transportation authority meeting. i would like to say welcome to everyone here. thank you also to sfgtv. would you please read roll call. >> [roll call] we have a quorum. item two, approval of minutes of the june 29, 2010 meeting. >> any comments seeing none, public comment is closed. without objection. please read items 3 and 4. >> cheers report. this is an information item. the executive director's report. supervisor mirkarimi: colleagues, it has been an extra busy month at the authority, so keep your commentsd4& we have a lengthy board meeting later. tomorrow morning is the official start of the first day fund a construction contract in the presidio parkway. we are going to mark that with a short ceremony