captioned by the national captioning institute www.ncicap.org [roll call] please be advised that the ringing of cell phones, pagers, and electronic devices are prohibited during the meeting. any person responsible for them going off will be removed from the meeting. please be advised that sell phones on vibrate provide interference and be request that they are turned off and we request that they are turned off. i do have one item of note. may 17, 2011, the board of directors unanimously executed the purchase agreement for the acquisition of property at 900- 93 stockton street in san francisco for the subway project. the purchase price of the property, $6.9 million, assumption of current lease to assume the property owner s property management agreement with on site property managers inc.. the purchase agreement was approved by the property owner on october 6. we are now required by law to report the action was taken. item number six, introduction of new or unfinishe