the parking corp., the japan center parking corp., the uptown parking corp., for a read of $1 per least with options to extend for each lease. item 15 authorizes the commission of a bond oversight committee to oversee the proceeds for projects funded by the as 78 -- for the sfmta. you have one matter to be addressed by one member of the public. chairman nolan: we have had this last time around at length. did you want to say something? >> we need to have a presentation. it will only take 10 minutes. i would like to have a presentation on the record. the disclosure of counsel. to make the presentation. n -- chairman nolan: ok, do it now. >> i am with a law firm. your disclosure council in conjunction with the issue. our role as disclosure council is to assist the sfmta and preparing what is offered to investors. my talk here is just to introduce you to an official statement and to just give you a little background about what it is for and what is in your disclosure document. the official statement for a bond issue is like the prospectus for registered securities offering. the purpose is t