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Panetta lecture series. Before we begin, i want to first ask that on this memorial day, we have a moment of silence in honor of all those men and women who have died while serving in the United States armed services. Thank you. This season we are discussing the health of american democracy, and it is very fitting that we recognize the individuals who have given their greatest sacrifice for our freedom and our way of life. We honor their commitment to country. Our guests in our discussion this evening are particularly fitting for this holiday because tonight we will conclude the 2019 lecture series by looking back to the founding of our nation and to the men who first took up arms to fight in the name of liberty and give birth to our republic. In the wake of victory, they understood that they had to create a system of government that would preserve and protect the values for which they had fought. What were their motives and intenti ....
Much restrictions for how they could take it out, its been growing so that 25 percent, once weve established our eligibility for that certain year has been a lot and certainly in the years we were most desperate because with the budget issues, so i dont why should there be a restriction on how much we could take in one year . I do understand that should this language as proposed go through, we could change that rule 2 3 of the board could change that rule so maybe we want that limitation of 50 percent in any one year because its sort of a its kind of a restriction on us that keeps us sort of actually having a Rainy Day Fund ourselves, saving it because budget problems dont tend to happen only in one year. Unless we do it to ourselves, but for actual revenue problems are cyclical so, you know, we dont want to spend the whole thing one year if we might need it the following year. I appreciate youre saying that, that came from the co ....
Parallel. In other words, we apply, but also run this through the various committees and have our decisions and if for some reason we decided we werent interested we would withdraw our application. Were not sure were still working on it and the feasibility of getting it in, but i think thats no problem of referring it to the committees. Do we have consensus about that . We will hear this in the committee, but the district will pursue this grant opportunity, paralleling our authorization process. Commissioner i dont have any reservations for applying for taking advantage of this opportunity, so i would assume move for a waiver on approval on First Reading if thats allowed. You would have to post that in the agenda and it wasnt posted in the agenda. Could we just bring it down for second reading at the meeting without it going to committee . A we we could do that and still hear it in committee. We could hear it in two weeks, but do y ....