. >> good morning, eric cordoba, area director capital project.appy to deliver the executive director's report. let's start with the good news, regional measure 3 has been approved. that's good news for timma, especially when it comes to a potential $300 million ready and available for ferry, transportation, capital projects across the region, including treasure island. we expect funding will be available in early 2019 and we look forward to working with mtc and the water emergency transportation authority on accessing this prague rachlt let's move on to the regional mobility as service opportunities. we've had discussions and participating with mtc and the bay area transit agencies related to the clipper fare payment system that you just mentioned. the clipper -- there's a clipper executive board that oversees the system's next generation upgrade known as c2. the clipper executive board discusses the role of the clipper system in supporting mobility as a service or moss. you will hear a lot of that term here over the next couple of years. month i

eric cordoba. deputy director of care forward promise. as part of the tolling systems, conduit systems, etc., we will need appropriate easement. s to be executed with the treasure island development authority. so this team here gives award for those easements as we move into final design for all the systems. we'll always work with legal council as it relates to the specifics. and the interests on the real property. but the item before you basically is to allow the executive director to execute those timely easements and the first ones are on mccalla road. mccalla road is about to start construction soon. i apologize. i have on the screen here,ly show you this -- yep. there it is. there you go. in essence, that is an exhibit that is attached to the side and it shows in essence the network of the tolling systems, where the tolling points will be to identify cars coming on and off the island. also as part of the monitoring system that we'll have for traffic on the island. right now it is responsibility of the development team to go ahead and