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2012. Okay thank you item 13 please. Item 13, department of Human Resources to execute a agreement for Workers Compensation work parties for an amount not to exceed 26 million and for a term of three years with an option to extend the term for up to two years. Thank you. Good asp. Madame chairs and im here with ed reis kin from the department of Transportation Agency we are joining together to achieve efficiencies in economy of scales we think in Workers Compensation for the cities you have the report before you the Budget Department has made some excellent recommendations which we are planning to administrator as part of this contract. Would you look to add anything to that brief present ....
2012. Okay thank you item 13 please. Item 13, department of Human Resources to execute a agreement for Workers Compensation work parties for an amount not to exceed 26 million and for a term of three years with an option to extend the term for up to two years. Thank you. Good asp. Madame chairs and im here with ed reis kin from the department of Transportation Agency we are joining together to achieve efficiencies in economy of scales we think in Workers Compensation for the cities you have the report before you the Budget Department has made some excellent recommendations which we are planning to administrator as part of this contract. Would you look to add anything to that brief present ....
2012. Okay thank you item 13 please. Item 13, department of Human Resources to execute a agreement for Workers Compensation work parties for an amount not to exceed 26 million and for a term of three years with an option to extend the term for up to two years. Thank you. Good asp. Madame chairs and im here with ed reis kin from the department of Transportation Agency we are joining together to achieve efficiencies in economy of scales we think in Workers Compensation for the cities you have the report before you the Budget Department has made some excellent recommendations which we are planning to administrator as part of this contract. Would you look to add anything to that brief present ....
The plans, which is the commitment and is now in the proposed resolution that the city will contribute beginning the 8. 2 Million Dollars a year, going up to 10. 7 million a year. About 300,000 over the term and also knowing that the hotels currently with their petitions have over a 50 percent return rate. It is likely that this will come back with a favorable approval from the hotels so we if you want to go forward with the expansion of the center with the city contributions. That would be a cityrun project correct . Yes, it would be a cityrun project. The other folks will be managing . Thank you, why dont we open this up for Public Comment, if there are no questions at this time. I will call the names on the card. 2012. Okay thank you item 13 please. Item 13, department of Human Resources to execute a agreement for < ....
On january 23rd. As well as that is the hearing on the issues bonds and more on the structure would go before you again at that point. And then, february 5th, would be the proposed ballot hearing, where the ballots would be tabulated as well as a vote on the resolution to issue bonds. And squished in between all of that is the Capital Planning committee before the resolution to issue bonds comes to the budget and finance it will have to go to the Capitol Committee in early january or late december. We cant predict how long it will take but we estimate that it should be wrapped up by june 2013. And then, our anticipation is that the district would again in july, 2013, but in the Management Plan it also says, you know, that date could get pushed out depending on the validation action period. With that we take the tea ....