timothy maganot, on behalf of monique webster who could not make it because of health reasons. co-presenting with my colleague. thank you for having us. so, in front of you is our first issuance jail bond presentation, going to slide number two, we are happy to report that the second issuance was issued recently, approved in february by the mayor, and the bond holders on march 20. knock on wood, we receive second issuance of the g.o. bond as early as tomorrow. great news for us, and a lot of presentation will focus on the second issue of g.o. bond. unfortunately for sfmta, financials are not fully reviable in sfp in the financial system, so we are trying to clean things up, so the next reporting cycle we'll have better and more accurate financial data. a lot of our presentation will focus on the second issuance of the g.o. bond, so going through the first slide, you can see the different categories approved under the $500 million g.o. bond. first issuance, second column and the second is what we expect to receive tomorrow. some highlights from both the first and second issuance