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Training. We started biweekly meetings with ac transit and other transit providers. I think we are starting to get dialogue and traction along looking at what their expectations are when they are arrive in terms of training, it provisions, layout of what minor tenant improvement that may happen along those lines. So, as dennis mentioned, i think this presentation will demensh on the heavy construction piece and expand a bit on monitoring or informing on what our thoughts and strategies are insureing operational readiness. I developed about 4 our 5 slides for next months to kind of demonstrate our line of thinking and some of the things we initiated with the transit operators how to tackle thal that challenge. On that issue, i r you working closely with ac tenant impruchb provement . I understand equipment and furniture, yeah but in terms of the wiring and all the stuffthat will be all be done . Exactly. They may populate it racks with their equipment so need to tease that out. Relating ....
Here. Next item communication and not aware of any. Okay. I dont think we have any from the board. Item 4 is board of directs new and old business. Okaywe have a new president elect, we know that. I would like to not know. Just in case nobody knew. Next item item 5, executive director report. October 20 meeting approved reduction in lease rates under interstate 80 for the bus service facility. This will benefit golden gate transit which has similar storage lot under i 80 with lease rates set to exspire nucs month. The current lease is approximately 560 thousand per euros year. [inaudible] caltrans informed on the current fair market value the cost of the lease will increase to 1. 4 million per year after twnt Percent Discount. Through the collaborative effort of golden gate district and ac translt and help with caltrans approved a lease term with 85 Percent Discount of fa ....
Aging and Adult Services commission. Can we have roll call james, present. Dodd highly is excused loo is excused powell, present. Roy, here. Sims speaker please note executive director mcspadden is present because we have a very long agenda before we approve the agenda we are going to table a lot of the reports because a lot of these items require action and i know you want to see you are contracts approved. So we are going to table all of the reports until next month unless theres something urgent. With that will also table under new business item 7 cla six month report. We will table back also and i think that was about it that what we were tabling today. With that, i would like to have a motion to approve the agenda with those amendment. Moved and seconded. Its been moved and seconded we approve the agenda with the following corrections. All those in favor say, aye [chorus of ayes] opposed . The aye habit and the motion is carr ....
New and old business. Okaywe have a new president elect, we know that. I would like to not know. Just in case nobody knew. Next item item 5, executive director report. October 20 meeting approved reduction in lease rates under interstate 80 for the bus service facility. This will benefit golden gate transit which has similar storage lot under i 80 with lease rates set to exspire nucs month. The current lease is approximately 560 thousand per euros year. [inaudible] caltrans informed on the current fair market value the cost of the lease will increase to 1. 4 million per year after twnt Percent Discount. Through the collaborative effort of golden gate district and ac translt and help with caltrans approved a lease term with 85 Percent Discount of fair market value reducing the lease to more than 85 Percent Discount ....
Year after twnt Percent Discount. Through the collaborative effort of golden gate district and ac translt and help with caltrans approved a lease term with 85 Percent Discount of fair market value reducing the lease to more than 85 Percent Discount of fair market value reducing the lease to more than a million to 25 thousand a year which is half of what golden gate is paying now. Like to thank director harper who was at the meeting and thank director sartipi caltrans staff for helping come to this. That was a great result for us. Our next steps would be enter into agreement with caltrans and ac transit and take back to ctc and bring back to board for approval. [inaudible] been a strong supporter of veterans throughout the history the project. Tomorrows is veterans day and felt it was important to honor the veterans ....