frederick knapp, tina moylen, p.j. hanlen, and carol anne rodgers. first speaker. >> my name is tom burwell. i represent redwood mortgage. my brother and i and several others now run the small, private mortgage lender. the current owner of 1269 lombard street is in a limited partnership of which many of our investors are members. we took the property back after foreclosure when the developer abandoned the site in the midst of the renovation. our job was to resurrect a project to replace the unsightly condition the developer left. there is no money or profit to make of this foreclosed property. our goal was to develop the property that is acceptable and liked by the neighborhood, and to minimize additional losses to our investors. it is a difficult task to appease everyone. we would like to thank the russian hill neighbors, the neighborhood association, 900 members strong, for its support. we wish to thank all the adjacent property owners for their patience and support with what we have proposed. upon taking back the property, we hired an architect. t