i will note, as you are aware, the dda has a change, and it is coming back to the board of supervisorsthe end of this month, and whether this continues to be a source of repayment from the event of 40 or whether they in turn was this cost into our budget is under discussion, so i would leave it to the committee about to handle this item on the 2 million you could reserve, and until the dda has approved. i could come back. you could sever this from the supplemental. it is really the committee's preference how to resolve this, but the other portion of the supplemental, the over $5 million, we do need to move forward because we need the cash for the project, and there is a delay on ordnances, etc., so we would prefer that. the rest of the funds. we would like to think a budget analyst for their report, and we support the recommendation to come back to you with a full report on the phase two funding and the debt financing and how we will resolve that before we issue what makes up the balance of the sources in this project, and i am here with my budget person to answer any questions. thank

trade agreement so that we can finish the dda. and i would be the first to subscribe to that. but i think i would like to -- to ask you a question on plural laterals within outside. because i think if you look at the mfn issue from within and you don't want free riders, because you could see we have -- i don't care about the rest, then you can have a plural lateral and you apply same principles to everybody. that's a plural laterals which have been done in the past. you can also go outside, because wto provides for exceptions for free trade agreements in both goods and services. and that's all defined. but i see quite a danger to use the wto from within to have a conditional mfn on a plural lateral to ask for the wto for a waiver. because then you can do it. that could, as far as i'm concerned, make the whole wto implode from within because then you will see plural laterals with requests for waivers on issues which we certainly won't like. >> you and i have had a lot of interesting conversations about different trade issues over the course of the last two years. this is one wh

the source of repayment will be harbor funds for the $2 million if, in fact, through the final dda they are not reimbursing the port for those costs. so that said, if it is the committee's strong desire to just reduce the supplemental appropriation and strike out the $2 million, we would just need to issue commercial paper earlier instead of june. we would need to talk to the office of public finance for a may auction. as i said, because it is still under consideration, and the final deal is not before you, it is hard for me to say, to give my best recommendation to you today, but if it is your recommendation to reduce it, that would be the impact. chair chu: in terms of what you are working with the office of public finance on, is that something you are bringing before the board? >> oh, yes. chair chu: ok, it seems that you can come back at that time with that $2 million if it should be materialized in the process, so i think that will not necessarily impact and have you go to require commercial paper early. it sounds like it is already a bill to a process that you have to come here an

the 90's. there was a dda for the bayview hunters point shipyard, and most people did not read it. and they passed on it. but there was a meeting being held right in this floor, with the board of supervisors and a young man whose father is the owner of the forty-niners. he was sitting right there. when it was pointed out to me where he was sitting, i went and sat next to him. i said to him, "sweetheart, here is the materials. these are the things that are of their of the hunters point shipyard. that is a superfund site, and the city is trying to tell you if it is a ground spill site. if i were you, knowing that that is a superfund site, you should not be going there, because the city has refused to request at least $6 billion to clean up the shipyard. the $18 million that is given to you will not even scratched the surface of the shipyard to be clean." i just wanted to say that. i did not like what i heard. i want you all to be proud of yourselves. you were not the ones responsible for the leaving of the forty-niners. president chiu: thank you. next speaker. >> good afternoon, supe

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