Orange county, which is chapel hill. There is an airstrip of Durham County connecting to 80 of the people in the district. A district is best known as diverse and growing district economically, demographically. We like to say the new south. Referred toot only shedding some of the negative aspects of our history, but really charting a new course. The Research Triangle story is pretty familiar and pretty well internalized around here. A group ofears ago leaders in business and education and government had this vision that these wornout fields in the area between arham and raleigh might be new source for industry, especially for hightech enterprise or Research Related enterprise. So the Research Triangle was born. It was not an immediate success. Ibm became the anchor and pretty soon it blossomed. Region and thriving id say thats what we are best for. Wehink the biggest challenge face here in this district is the challenge of managing growth and achieving fairness, equity, justice in our
The presiding officer the senator from new york. Mr. Schumer i ask unanimous consent the quorum be dispensed with. The presiding officer without objection. Mr. Schumer mr. President , i ask unanimous consent that as if in legislative session the senate proceed to the consideration of s. 1774, a bill it to reauthorize the undetectable firearms act of 1988 for one year introduced earlier today, that the bill be read three times and passed, and the motion to reconsider be laid upon the table with no intervening action. The presiding officer is there objection . Mr. Sessions mr. President , reserving the right to object, this is not a good day to move forward with this legislation. Wed be glad to give it serious attention. I know its the kind of thing we probably can clear at some point, but i would object. The presiding officer the objection is heard. Mr. Schumer mr. President. The presiding officer the senator from new york. Mr. Schumer i appreciate my friend from alabama, my gym mate an
Theres still some risk so i still feel like i felt coming in although the picture may be a little better but wed like to come back quarterly and just let you know how were doing. Now, the blue line that we show, if we were unable to do anything and just use the cca money and also do the half cent increase in the general fund, you will see in the outer years well be in trouble and the dotted blue line wed be on the 15 percent that line represents the 15 percent reserve policy that we have so that we can borrow money and we will be on the black line if were able to save about 8 million a year and so the challenge that we have is you know not only with the ia negotiations mountain tunnel but were also aggressively looking for other customers and really defining our Business Plan plan and thats one thing that were working on as a group but id like todd to come up and go over more details. So thank you general manager and Todd Rydstrom assistant general manager for Business Services and als
Risk profile has diminished and 65 percent would be an appropriate level for where we stand today. Certainly it is a policy call and so as the policy component of our organization if you would like us to revisit that 65 percent we would certainly be willing to do that but this is what we believe to be the best but if theres concern over 65 percent and a desire to go with a higher contingency profile certainly we would do that. I think i want to add i want to thank commissioner torres i think the conversation is valuable and then your response about whether or not we want to take a long hard look at that policy but i want to thank commissioner torres its an important line of questioning. Are we going to continue the report. Thank you very much emilio. I guess were not going to revisit the policy of 65 percent at this point. Im fine with it i just want to make sure 65 percent is a comfortable number i had the same reaction seems like a low number but in understanding how that number is d
65 percent would be an appropriate level for where we stand today. Certainly it is a policy call and so as the policy component of our organization if you would like us to revisit that 65 percent we would certainly be willing to do that but this is what we believe to be the best but if theres concern over 65 percent and a desire to go with a higher contingency profile certainly we would do that. I think i want to add i want to thank commissioner torres i think the conversation is valuable and then your response about whether or not we want to take a long hard look at that policy but i want to thank commissioner torres its an important line of questioning. Are we going to continue the report. Thank you very much emilio. I guess were not going to revisit the policy of 65 percent at this point. Im fine with it i just want to make sure 65 percent is a comfortable number i had the same reaction seems like a low number but in understanding how that number is derived at i think a bullet form