mr. updike. i think we'll be able to entertain that. first we'll move to public comment. so, is there anybody in the public wish to comment on item number 1? seeing none, public comment is closed. [gavel] >> can i have a motion to continue item number 1 to our meeting on february 26? so moved. can we take it without opposition? so moved. [gavel] >> madam clerk, can you please call item number 2? >> item number 2 is a resolution approving an agreement with the nonprofit owners' association for administration/management of the renewed and expanded property-based community benefit district known as the "central market community benefit district," pursuant to california streets and highways code, section 36651, to commence following board approval. ~ district. >> thank you very much. i believe ms. connor is here from owd to speak ton this item. thanks for being here. >> good morning, chair farrell, supervisor avalos and mar. today you have a resolution [speaker not understood] renewed recently expanded central market cbd. in order for the city to transfer assessment funds col

mr. updike for the simmer reports.ave a question i know that other historic preservation advocates how are they involved in the process in the summer report in the t dr that's a question >> i'm not sure exactly of the outreach that the consulting team did but i know they interviewed a number of stakeholders on both sides of this issue. one concern is development but the the other is the city entering the marketplace as a seller and other competitions to facilitate their restoration. and so in that respect there's some choices that need to be made so we move forward cautiously so we don't influence that market to a great degree. there's competition in a marketplace. there's legitimate questions raised by those who want to sell t dr they have flexibility and we have set a floor on pricing that's firm. there are avenues who can be explored for development rights to sell. the public nature of the discussion has been at the capital planning committee and, of course, this process today and a could you comment on the budget a