thisitesm will be presented by john daigal, the agency debt manager. john. >> good afternoon chair bustos, members of the commission, director kaslofsky. my name is john daigal the debt manager for ocii. as director kaslofsky pointed out, these items are all related to the issuance of the bonds. the focus of the presentation will be on the bond items as the contract amendments are fairly miner. the enforceable obligations, which are being satisfied with the issuance of these bonds are first affordable housing application, which consist of 4433 units, and 140 of those are in construction and 981 in pre-development at this point. the transbay infrastructure obligations, which are required by the transbay implementation agreement. the enable authority respectively is the health and safety code, the two sections listed. section a, the first one applies to affordable housing obligation, and the section ending in b, is relative to transbay infrastructure. so, series a, overview of that is that it involves furthering the development of 537 units of affordable

thisitesm will be presented by john daigal, the agency debt manager. john. >> good afternoon chair bustos, members of the commission, director kaslofsky. my name is john daigal the debt manager for ocii. as director kaslofsky pointed out, these items are all related to the issuance of the bonds. the focus of the presentation will be on the bond items as the contract amendments are fairly miner. the enforceable obligations, which are being satisfied with the issuance of these bonds are first affordable housing application, which consist of 4433 units, and 140 of those are in construction and 981 in pre-development at this point. the transbay infrastructure obligations, which are required by the transbay implementation agreement. the enable authority respectively is the health and safety code, the two sections listed. section a, the first one applies to affordable housing obligation, and the section ending in b, is relative to transbay infrastructure. so, series a, overview of that is that it involves furthering the development of 537 units of affordable