commissioner mondejar or mr. diego, i have a couple of questions. you indicated that there are trustees, bond trustees, can you tell us who they are and how they are selected? >> what i mentioned was the escrow trustees and the sorrow -- escrow trustees in each case for the bonds to be refunded. in other words all the bonds being refunded the trustees either back of new -- bank of new york and to keep it simple we'll use those same trustees for the escrow agents during the refunding. they will be very short lived escrows. we'll be calling the bonds on february 1, 2015. >> no other questions? >> i have no other questions to me. this is a significant item for financing measure and there are savings and i think it's prudent to go forward. do i have a motion? >> i move. >> commissioner bustos has moved, commissioner mondejar has seconded. please call the roll. >> city clerk: commissioners please answer when called your name. commissioner mondejar, commissioner singh, absent, commissioner bustos, madam chair rosales. there votes and one absent. >> let's