forhousing agency to the redevelopment agency to amend an existing term ground lease with broad way sansome associates, lp, a california limited partnership... >> thank you, very much. we have kevin, from the mayor's office of housing. >> thank you, chair, farrell, and good morning supervisors and thank you for giving me a chance to present on the resolution, first, this resolution is follow up from the june, 2012 endusment resolution authoritying the office to comply for a bond allocation of $23.9 million. that allocation was approved by sidlac in 2012. and these bonds are allocated for the construction development of the apartments and you should have received the various accompanying legal documents. it is important to note, like similar deals, these transactions do not require the city to pledge, replayment of the bonds, rather the only recourse for the payment are the project payment themselves or any credit enhanced by the lenders. they are sponsoring the apartments which as the clerk mentioned is 75 units of housing, and all will service householding earning 50 percent emi and below, it was for