nadia sesay, olsen lee, john rahaim, and bob muscat. supervisor campos: thank you, madam chair, thank you for the presentation. i have more of a procedural question. let me say that i can definitely understand why the mayor made these appointments. i think each one of these individuals brings a great deal to the table and they make a lot of sense. i see this as a procedural matter. in terms of process, since the agency or the body that they would be serving as technically not been created, how does it make sense to make the appointment or recommend appointments before the creation of that body? i am not sure if that is a question for you or for the city attorney's office, but it is something that i was thinking since we are still in the process of trying to figure out whether or not this body will actually exist. >> i can address that briefly. the amendment that i introduced significantly addresses that procedural question. the amendment would not make these appointments effective until the approval of the resolution, which is essential

nadia sesay, director of public finance. we have before you a number of legislation is protecting -- requesting approval of good will issuance bonds of emergency response system for the amount not to exceed 192 million. we expect to issue 183 million of that amount. the difference represents changes in market conditions. we will only issue what is required. we also have a number of other transactions. the clean slate neighborhood park bond. there is a schedule of 25 years, rather than the usual 20 years that. we are assuming a 6% interest rate. we have done calculations to confirm we are with in the city's debt limit of 3%. we have also looked at the constraints, and we are within the capital time constraints. we have also provided an appendix a that is part of the city's official preliminary statement that includes updates through last august, but we are requesting you delegate authority to the comptroller to make changes that would include thought it did financial statements, budget instructions that were released, the sta

first we have nadia sesay. >> good afternoon, supervisors. supervisor kim: briefly give your background. we know you, but for the sake of the public, talk a little bit about your background. >> i currently manage the city's debt issuances. we currently have $2.4 billion outstanding. that consists of general on bonds and certificates of participation. as part of the management of the debt program, also worked on procurement of a professional contract, her interpretation of the implementation, negotiations of conflict. as well as working on special projects. the office also provides technical assistance to the various enterprise departments. it includes the airport, the puc and the redevelopment agency. there is also a portfolio secured by general fund revenues. as a result, we have partnered with them to do the funding, so we have a situation where we do work with them on some of the projects. as a result, with that, i believe this will allow me to be useful. supervisor kim: are there any questions? mr. olsen lee. >> good afternoon, supervisor