on the peninsula we have the harry tracy treatment plant where we are building a brew large 11 million gallon treated water reservoirs, as well as five new filters. over there we are 23% complete. we anticipate the completion rate to rise significantly, as we are ramping up activities. in the east bay we are much more further along, 85% complete and anticipate substantial completion in march 2013. irvington tunnel is very challenging project where we have en counters challenging ground condition presence of large quantities of ground water. hazardous gas. despite all that the contractor has been making very good production rates. we have actually excavated two-thirds of the 3.5 mile tunnel so far. we achieve what we call hold-through in one segment of the tunnel in june where miners coming from two directions met. that was exciting. in june we will have crews working 24/7 for two months to complete the connection between the new tunnel to existing pipelines. over there we are 63% complete. the other very exciting project that we have is a five-mile tunnel under san francisco bay. we ar

we have two complex projects listed here the last two harry tracy and transmission upgrade that involves risk that could result in cost increases. we need to be diligent at keeping our eyes on the risks on those projects. finally the third item involves the adoption of seek what finding for san antonio backup pipeline project. that project consists of the construction of 6400 foot pipeline in the valley. that new pipeline will provide flexibility and reliability to the system. the planning commission and the -- our commission both took action on the eir for that project in september. we were proactive to minimize the impact on the environment. as a result all impacts are being reduced to less than significant accept for some higher quality impacts during construction. i would be happy by to take questions you may have on any of the items. >> thank you. why don't we go on to the budget analyst. then questions after that. mr. rose. >> yes, mr. chairman. members of the committee. on page three of our report we report that regarding the reallocation of the 27.3 million from the water system

harry potter." that is your fox business brief. giving you the power to prosper. ♪ tracyut the cost of gas. i am complaining about the cost of college. it is a whopping, there it is, $29,231. there apparently is some good news here. gerri willis hasn't. i cannot imagine what it is. gerri: that is what my parents paid for their house. think about it. it is crazy. good news -- not really. it is up 3.9%. that is the lowest move and for decades. that is what is passing for good news right here. ashley: it has just gone from ridiculous to awful. gerri: exactly. that is $116,000 for a four year degree. here is the thing. these kids get a lot of federal aid. that reduces the cost pretty substantially to about $12,000 compared to $8000 for a public institution. there is good news. twenty-four of these private institutions actually drove tuition and fees this year. we don't want to pay it. tracy: i am struggling with it. by that time my kids are ready, it will be a tough sell. what will they do with a bachelors in mythology. plumber, electrician, i am telling you, have you seen my