this is a well-qualified contractor, and i would recommend authorizing webcor/obayashi to enter into contract. any questions? >> seeing none, is there a motion to approve this? >> numbers of the public have indicated they wish to address you on this. next item, authorizing the executive director's for the services to federal grants, for him, and other matters of thomson coburn. >> this has to do with federal grants and a gimmick, and they have worked with us before. is there any question about this item? >> i have one question. the million-dollar deposit is set to be applied on the account. >> we pay them for actual hours worked, but we do not pay on a retainer basis. >> no members of the public have indicated they wished to address you on this item? 4 ayes and item 10 is approved. >> i guess now, we recess for special meeting for closed session. >> we have not received any indication that any member of the public wishes too >> okay, the tjpa board of directors meeting is now back in session. >> as to conference with real property negotiators regarding the terms of the exclusive nego

this is a well-qualified contractor, and i would recommend authorizing webcor/obayashi to enter into contract. any questions? >> seeing none, is there a motion to approve this? >> numbers of the public have indicated they wish to address you on this. next item, authorizing the executive director's for the services to federal grants, for him, and other matters of thomson coburn. >> this has to do with federal grants and a gimmick, and they have worked with us before. is there any question about this item?

with the joint venture joint -- of webcor builders and obayashi, this comes from the successful attainment of a grant to construct the rail levels of the transit center in phase one. the amendment of dates the terms of the agreement to incorporate construction of the rail levels in a bottom-up construction sequence, to clarify the scope of construction, to revise the construction schedule and cmgc fee and modify related contract language. in march 2009, you approved the initial contract reward and directed the staff to move forward in a phase one elements of the transit center valued at $500 million. the work was to commence in september 2009 for five years. in june of 2009, you authorize staff to include design of the below-grade levels of the transit center in phase one construction. following that, in october 2009, you approved an amendment from a marked up of 7.8%, to a direct costs and fixed fee of $39,050,000. this was equivalent to the 7.81% of the $500 million, and it was done to conform with requirements issued by the u.s. department of transportation. in january of this year, yea