Im not going through the enforceable obligation discussion because there is a lot of information in your memo and if you have questions i will answer. Im going skip right to the disposition plan for those. For 11b and 3, so for parks, 11 b and 3. We have the same disposition. We would basically just retain those temporarily to fulfill our development obligation. We would ensure that they are developed as parks and then once they are developed as parked we transfer them to the city and the city would maintain them using funds with funds from the Community Benefit districts that would be formed in the future. The transfer date for those, 11b is estimated to be in 2016 sometime and blocks 3 would be 2019. So lot 10 what we were going to do is just not exercise our option on block 10 because this parcel is immediately adjacent to land that the tjpa already owns and is going to actually operate a park under some bus ramps in the future and it makes sense to just retain it and incorporate it
Production. And so there have been there are some things in the farm bill that would restrict Crop Insurance a little bit. Thats thats in the senate in the senate bill. But then there are other pressures to increase Crop Insurance for crops that dont have it. Its much harder to do Crop Insurance for the specialty crops, the fruits and vegetables, the nuts, et cetera, because theyre grown on smaller acreages and so its hard to develop the program in which you figure out what the what the rules would be. With the wheat and the corn, et cetera, you spread it over, you know, over large areas so the Program Works fairly well for those but not for some of the products yet. Host judy is up next who lives in a rural area. Good morning. Caller good morning. My problem is, okay, ive been a cashier for many years and i see a lot of Illegal Immigrants coming in that cannot speak english and theyve got a thousand dollars or more in food stamps. And i want to know why its so easy for these people to
Work together or transfer its interest to the city and have the city sell them so it can reconfer recover as much as possible the 5. 5 Million Construction loan. Anything other would be considered program plan because it was purchased with the Program Renewal funds. If nothing happens and the ground lease remans in place, they have rights for the ground lease inform that case we are proposing that we still transfer the property to the city, have the city take over as the landlord for governmental purpose for the same reason because they are because of the investment with c dshsg that it would be easier for them to fulfill their obligation that has to do with fulfilling their obligation to had you hud under their loan. Finally food co that one, i know since weve met last time that kroger is still interested in purchasing this parcel. Then the plan would be that they were interested before dissolution and we would still continue to try to sell it to them so that they can improve the Groc
These stake holders out there and yes, yerba buena gardens and the plans are to transfer the assets of the city and continue to manage in some unified fashion. And the city has stated publically they are committed to keeping them together and managing them together but the exact Management Structure has yet to be determined whether it be some City Department or separate nonprofit or possibly some separate authority. But the estimated transfer date here is sometimes 2015, probably. And the city could then continue to use the funds from these leases, all the leases would transfer. They can use the funds to operate the gardens, but the money for the Capital Improvement is another thing that has yet to be determined but we are looking into several options about the city about how Capital Improvements can be used in the future for yerba buena gardens. And finally other properties, i have two, the Fillmore Heritage Center and the garage and commercial air rights parcel and then the foods cop
Chaos in egypt means you pay more at the pump. Why dont we take pipeline oil from friendly canada . Ben speaks seven hours from now. But we are about to begin, here we go. [ male announcer] surprise youre having triplets. [ babies crying ] surprise your house was built on an ancient burial ground. [ ghosts moaning ] surprise your car needs a new transmission. [ coyote howls ] how about no more surprises . Now you can get all the online Trading Tools you need without any surprise fees. Its not rocket science. Its just common sense. From td ameritrade. Everybody, got to start with this, nor hit for apple. Apple conspired to raise ebook prices and thats a victory for the u. S. Government. And the trial for damages would follow. Look at apple premarket, its going to be down 250, 3, when we start trading, dont expect that Much Movement for those stocks at least on the opening bell. You may get more later when we get news from ben, the fed at 2 p. M. And then big speech after the close. Stoc