i want to recognize matthew baltazar and michael ignatio with sfgov tv. i also want to thank linda wong, who will be today's clerk. madam clerk, do you have any [agenda item read] >> president cohen: all right. can you -- thank you. please call item one. >> clerk: item one, item retroactively approving the item between the city and sf fuels for an initial term of september 1, 2018 through august 1, 2021 with two one year options to extend for a not to exceed amount of 40 million. >> president cohen: also. this is an item to purchase gasoline for the city fleet. pretty straightforward. again, there is no obligation to buy that much gasoline if it's not used, is that correct? >> greyes. >> president cohen: all right. great. take it away. good to see you. good morning. >> good morning. so i'm just going to give you guys just a brief -- as background of the current contract and to kind of give you an overview of the vehicles that we have in the -- in stock right now. then, i'll go over very briefly the new contract. we bid out the new contract several years a