with that, john daigle will present on this item. >> good afternoon. my name is john daigle. i'm the debt manager for ocii. resolution 37, a proves or authorization excuse of a contract with p.f.m., as described by the director. the scope of the contract embraces the financial modeling and debt administration support and it includes policy advice on debt portfolio administration and investment, rating agency and investors communications. evaluation of debt portfolio management systems, post suran d valuation of alternative financial options. with respect to the last item, i don't think we mentioned it in the memo but a firm cannot present it to us. they have to go through a financial advisor and this is put into effect to keep and protect municipalities from being manipulated into unwise deals. it puts us in a situation of not hearing good ideas. it would be a good policy going forward to having have an f.a., if only for that reason. otherwise, it's a good time to review all of our procedures and practices. we have some particular modeling needs coming up in the next few year