the vice chair is commissioner scott wiener -- the de klerk is erika cheng. i want to thank the following members of sfgtv staff, bill and charles. madam clerk, have roll-call. >> supervisor avalos present. supervisor campos present. supervisor chiu present. supervisor cohen present. supervisor elsbernd: present. supervisor farrell: present. supervisor kim: present. supervisor mar: absent. supervisor olague: absent. supervisor wiener: here. >> march 27, 2012 meeting, approval of minutes and said. action item. supervisor campos: is there any public comment? seen none, public comment is closed. colleagues, this is an action item. we can have a motion on item number two. motion by commissioner cohen. a second by commissioner elsbernd. we can take that without objection. please call item number 3. >> treasury report. and -- shares report. and information item. supervisor campos: thank you very much. we have had a pretty busy last few weeks since the last time we met as a commission, and i especially want to highlight a very important development that took place.