. >> also when we might hear about the tiffa. i know we made a request to introduce what is currently the norm and when we might know about that as well? >> later this week we'll be talking to tiffa staff and that should layout the application process. it does take some time. with rating agencies. we'll keep the board appraised of what's going on there. the tiger and prs, they are included but not on any funding bill. >> i think scott would know and to further answer your question, chairperson came on with tiffa. one of the things we'll need to have finalized is the budget and we are working on that soon. >> scott? >> scott, community outreach manager. as mary said the pnrs is not funded in the current year. last year congress approved through the federal government through 2013, that included funds for tiger roughly similar to what was provided last year. now that those funds have been approved we expect go t also sending applications real soon. >> right. so within a month an application should come out. >> we won't have a firm

the tiffa loan? >> there are two components to the tiff a -- loan. when we entered into agreement with the department of transportation, the interest rate was locked in at a rate that we thought at that time was very attractive rate for the p g a, but as interest rate has declined, it's now below. so if we were to, if did i tive ya grease agrees to the new market, we are paying less interest in order to borrow greater amount. the second coverage is the ratio that they use in calculating the loan amount for which we can be authorized. the original coverage ratio was set at 3 times the coverage of the repayment with some of the land sales, transactions now being concluded. there is a little bit more certainty from the revenue of that tax increment and from the second component alone is to request a reduction in the ratio from 3 to 2-and-a-half. >> the only dollar amount we are looking $3 to 2-and-a-half. >> the only dollar amount we are looking at is 10-and-a-half million from landfills. we can go for other pots if the city would be applying for other