mr. treveti said. i do want to point out there's three appreciation members that will be calendared before this committee that will go into details on how the bond funds will be spent on the bonds before you today. >> excellent. thank you very much. thank you. item -- if we could take these items to the full board with a positive recommendation. we'll take that without objection. thank you. clerk, please call item 7. >> resolution of revenue bonds by the california municipal finance authority not to exceed $40 million and up to note school. >> we have michelle back. good afternoon, again. >> thank you for considering this item. also in attendance i believe we have dave lesing and anthony such. >> we also want to recognize moses corsette from supervisor kim's office. >> the act allows for tax exemption on interest for certain kind of debts issued through joint power authorities. that would be issued through the california authority to which is city is a participating mender. they can issue bonds, notes