k, approve a revocable license to raintree fair oaks llc for a use fee of $5,310 per month for 5 years. l, approve a 5 year revocable license to st. francis center of red wood city for an annual use fee of $125. >> thank you. i see that staff has requested that item 7f be removed. any other items on consent calendar to be removed? may i have a motion? >> so moved. >> excluding 7f all those in favor? opposed? the motion carries. next item, please. >> item 8, discussion and possible action to authorize the issuance of refunding water revenue bonds of up to $450 million to refinance all of the outstanding water enterprise revenue bonds series 2006a and portions of the series 2009 a and 2009b bonds and approve the form and authorizing the execution and delivery of related document bes, authorize the general manager to sell in one or more series of bonds on either a competitive or negotiated basis and delegate to the gm authorization to award each series of bonds to the highest bidder. >> good afternoon, commissioner charles perl, this item before you today is to request authorization to re