Afternoon. Welcome to our special budget and finance Committee Meeting of monday december 5, 2016. Im katy and chair thg team and to my left is normal yee. Our clerk is linda wong and sfgovtv like to thank leo [inaudible] derek. Please silence cell phones and electronic devices. Complete speaker cards and document to be included as part of the file should be submit today the clerk. Thank you. Today we have item 1, so if you can please call item 1. Orbd nons approving and authorizing the exectv director of port of San Francisco to execute project agreement with army corp of engineering to allow dredging of Central Basin by pier 70, not to exceed 2. 2 million for project cost and port providing a 10 percent matching share nod to exceed 900,000 of the Central Basin payable over the 30 years for matching fair from the port not to exceed 3. 1 million. Thank you we have the port staff here to explain why we are here on a monday for the item. Yes. Good afternoon supervisors. [inaudible] proje
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