mr. moskovitz? >> i would ask for your patience for a second, mr. chairman, as i echo your comments to the departing board members. i offer my own personal tribute to all of you. you have taught me more than one lesson in the eight years that we have worked together. it has been a pleasure and honor to work with you. interestingly, all of you coming from different perspectives through your jobs have reinforced the same message to me, which is the importance of communication, listening to each other, cooperating and finding common ground, which you have all done admirably. i and the end, we all share a great love for the city of san francisco and a sense of duty in fulfilling our own obligations to the common good. i would like to thank you for the lessons that you taught me and wish you the very best in offering you the assistance that we can provide. thank you very much. now, to the business at hand, several things that are included in my report on your desk but i would like to highlight -- first of all, by the sheer weight of volume the biggest ne