And you can see the escalator projects is what will be incorporated in phase two due to the popular projects and the control and the communication projects are under way and the enterprise and the as ses management is also under way and in particular, something that might hear addressed in the management update and because the efforts that the mta is undertaking to manage the resources. So for the proposed projects for the next five years, dpw is doing, early planning work, right now, to verify the scope in the needed improvements of the various different facilities that will help to address the needs of the projects Going Forward. The paint booths at the muni metro east facility in the woods and will improve efficiency as mta shifts to the motor coach fleet. Okay. Some of the quick highlights, and we will get the amount of funds that are nonprop k that are left to be identified and the funding plan already assumes revenues from the November Ballot measure and prop k is funding concept
Other services and of the construction of Super Construction concrete. And the system and it looks like a really big request and it is, and i want to point out that a large portion of the funds were deobligated from the older grant when they received stimulus funds, and they had strict timely requirements and bumping up the prop k funds. And these next few slides have given an idea of the work that is happening over the next few months and years and i want to note that the revised budget for the project of 1. 899 building for the phase one of an increase of 310 million over the may deadline, it has identified, 110 million for the funding to fill a portion of that gap, including 41 million in prop k, and 61 million in the bay funds. And the cjpa board developed a strategy to fund the remaining by using a Transit District plan, and the revenues of which will be acquired by the formation of the facilities. Simple clarification and not related to the expenses of anything, but the projects
Down the day, ann from wells fargo, march, todd and todd morgan from bel air investment advisers. Well try to distinguish between the two todds. Welcome to everyone. Ann, first to you. We just watched stocks sell off sharply into the close, financials in particular. What does that tell you . I think it is the market just worried about whats going on at the fed and the debt ceiling, budget hearings, all that we have. More uncertainty in the market. Uncertainty has really become an ugly word for us, i guess. You still there are plenty of stocks you like individually right now. I mean, youre still fining value in this market, around you . We are, bill. What were trying to do, our process focus is on companies that may be interested in either acquiring or also being acquired. The stocks were looking at are trading at discounts, we think theyre intransic or private market value is. Many of those companies are trading at very attractive valuations. And in a low rate environment that looks li
Dont you think . If you look at the market where were down 19 today, i think well churn a bit. I think this churning might go on for probably another couple of months. But i dont think the markets its not done yet. I just think that right now were going to be in a pausing phase. And i do think at some point in the next two to three months you dont see a correction in the meantime . A 5 correction. To me thats a buying opportunity. Very good. Thank you, peter. Thank you. The cameras off us because they put it up on the balcony there at the New York Stock Exchange where the swim suit models are ringing the closing bell. Somewhere in there also is ceo of the New York Stock Exchange. One of the tough job hes got here. Heres the second hour now with maria. Ill see you tomorrow. And it is 4 00 on wall street. Do you know where your money is . Welcome back to the closing bell. Im maria bartiromo. Stocks carrying losses today. Take a look how were settling on the street today for monday. The d
Stuart the dow has never been in this territory before. Walmart is the one dow stock, one of the 30 dow stocks, that is in the red at this moment. I could not see a new high for the dow like this. That is what we have. I saved the dow closes today well above 142. It will close right around the 14,000 hi. Stuart on fire again, charles. How about that. Dagen and connell, it is yours now. Dagen i loved the discussion about that 911 tape. The only moment in my life where i felt a warm feeling about a plaintiff attorney. Connell i am connell mcshane. Dagen i am dagen mcdowell. A new alltime high hit during the trading day. It looks like we will have a new alltime closing high. Do we keep going up from here . Connell chicago gridlock. Snow grounding flights in the windy city. Dagen Martha Stuart on the stand. Two of the biggest names in retail fight over her brand. Connell the threat coming from abroad. China. We will talk about how much of a threat there is when it comes to our trade secret