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And down into the bay itself without any cloud cover in the fog in the bay. Now current temperatures are in the 50s to 60s. Take full advantage of this cool morning before we do get to the heat of the afternoon, maybe get those windows opened on up. Let some of that cool breeze in because weve got a scorcher of a day and find a cool spot to get to once we get to that. As for winds still pushing from the northeast, pushing that hot, dry air from our inland valleys out towards the coastline. And thats also pushing any sort of fog away from the coast, too. So for San Francisco, yet another nice Crystal Clear day for fleet week activities. Well, tomorrow is going to keep that around. Another hot one in the works. Ill be talking all about those details as we go great. All right, john, thank you for that. Want to get you moving on a thursday. Here are checking on your morning commute ....
Sacramento to be down here. Thank you, phil, for being here. I know we have a representative from betty yee office, board of equalization that has oversight on Assessors Office across the state. Jose cisneros, treasurer of state. You sent david augustine. Ben rosenfield, our controller, [speaker not understood], our budget director, of course. And then harvey, thank you for being here as well. And just all the members of the board that are here today. I think nadia is trying to get down here as soon as she finishes the final ratings on other companies. But i first of all it really is a necessity to have someone at the helm of the Assessors Office. I personally want to thank zoom wynn who has been in that transition for us. Shes a real delight to have work with in this time period. Shes held the office together and i want to thank her permly for being here today. applause ....
And its worth noting on that final bullet that the debt service for this contemplated issuance has already been included and approved as part of your 201314 budget. The commercial Paper Program, theres a lot going on on this page. And im not going to try to cover all of this. The take away is what weve already noted. The short term maturity, that first bullet category in that right hand table, has a maximum maturity of 270 days. And upon maturity its up to a commercial paper dealer and investment bank, bank of america, a morgan stanley, that type of institution to roll that over to new investors. And they can do that for years. And typically they do. But staying so short with each maturity is what gives you the benefit of the low rate. So, youre going to have really heres the two take aways for the commercial Paper Program. It gives you flexibility to draw down on it as needed ....
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