Thank you, Mr. Chair. OK, let's go on to approval of previous months' minutes. Questions or comments about the minutes for the meeting in June? Show me what you've got. Having a look at the second minutes from June? I'm sorry? I'm sorry. OK. All in favor of approval? Yeah. Aye. Aye. No. Yeah, would you give it to the Waters Times, you'd want to? Sure. The flow of the St. Rain this morning, the end of June was 71 CFS. The historical average is 113 CFS. The column of St. Rain Creek is the Paulington Ditch and has an 1865 water rate. And the column's not the other way. It is starting number one, which is 1885. And Ralph Braves' Reservoir is full on spilling. And we're approximately 210 school under those spilling. And the Reservoir is an elevation of 26 feet. I think they've got it down a little bit, doesn't it? Yeah, 26 feet. I have 27 there. And which is 12,020 and 38 feet. I don't know, it's 11,000. 324 feet. And they're releasing those 16s here. That's any questions? I don't know. Is that a report for this one? All right. Will, yeah. Before I, oh, yes. Sorry. Before we jump in. Before you jump in, Mr. Chair, if you will. I'm sorry. I'm a council of record for the person who's petitioning for the water race. So I'd like to refuse myself. So I'm not just stating a discretionary thing, or in particular not to have. Okay. So is there a best place for me to go ahead? You can be nice to your, whatever. I'll be, I'll be locatable. You can go sit in my office if you want. There's a phone booth thing right around this corner. Thanks. I just didn't want to get in the way. Okay. Thank you. Yeah. Before I start the presentation, I'd like to introduce Mark McClain. He's representing the applicant. In case there's any questions on the police. We have a very standard water supply agreement.  We actually have an assistant from the year police with LWM washout in the year 2008 and in the year 2020. There's five years left on that agreement. The state of Colorado, when you have an augmentation, the water supply agreement is for an augmentation. They plan on augmenting some wells, or they are augmenting some wells. They pull off the South Platte River. The aquifer just needs to really a little bit. They operate an overwash facility out there and it's on a little bit for the facilities. Basically, it has to be augmenting. So, in case there's an augmentation of the wells, we augment it to the same South Platte River. The state of Colorado requires you to have water supply in and out for the full-term or the lag completion of your augmentation plan. So, in case you've got about a five-year lag return, you have a high impact on the Platte River. So, even though we still have five years left on the original agreement, you're not starting the next water year as a problem with that. It won't be able to hold their wells because then it would be five years after that. It would be outside the scope of our current lease. That's what they're asking for. It basically is a five-year extension of the lease they have. We typically only do a 10-year water board to correct its doubt a number of years ago. That's what we're trying to go to. Not entering the water supply years in 10 years for concern of how far out can we see. Ten years is a long, long ways to look out. We were doing 20 years lease in fact. So, we have pretty much told everybody that we're going to limit leases to 10 years. Essentially what this would do would be we'll terminate the existing 20-year lease remaining five years while entering new 10-year lease. The effect is really just five more years past what we already had. It's a pretty small amount of water. We certainly have that right now. Water delivered would be either effluent first, would be first effluent. And the wastewater treatment plant would have secondly water focused on the water stored in the union. So, it will impact more of our ability to water water citizens. So, anyway, staff is recommending the improvement. Mark's here to answer any questions. If there are any questions on the agreement, I would if Water Board so chose to make a recommendation to council to approve the agreement, I would ask that it be done in some, motion be insubstantially performed before Water Board because we still in quite a overview of how city attorney's office may make a few small changes. I don't expect any because this is the part of their template. I use it in their template, but they might have a small non-substantial change. That's right, all I have, just recommending that Water Board make recommendations to the council to approve. If it's so done, we'll go. Since it's a multi-year, it requires a plan by council. So, we'll go for the council. Any questions? I have no issues with this. The question I have is, the original cost breaker was 258. What is it currently? 641. 641 today? How often do you anticipate doing this cost analysis to an over a 10-year period? I suspect that it's going to move every 10 years. It doesn't happen every 3-5 years. It happens about every other rate setting. The city does a full loan rate setting for all of our water rates. The water rate consultant is then asked as part of your study, do a rate setting. There's a rate setting coming up. I think we've only got through 2024. Is that current? Water rates set by council. And then we'll do a rate study to set the 25, 26, 27. Probably that will be looked at then. I'm pretty sure. So, this rate will stay. This is the current rate they're paying for the last time. The rate will set. The justices will stay here for 5 years and then it will be whatever in 2-3 years. Or longer. What are the things? Maybe to the purposes of education around any kind of problem with the agreement. Can you describe just a little bit some of the assumptions that the state or whoever makes with respect to how somebody gets some of the credit for groundwater recharge from one instance. So what are some of the mechanisms by the state? So they do an analysis from the well to the what is impacted in their cases the South Platte River. And then they, you know, you pump in this month so much water its depletion rains out. And I don't know the first depletion is probably quite a while. Yeah, this one's fairly long. But the most important thing is the distance from the well to the river because the relationship is a square of the distance so you double the distance. You can just talk about 4 for example. So this one's ways from the river far enough that it creates a 5 year depletion meaning that if you pump it in one month the river won't feel that total pumping effect until 5 years is done by it. And so the state wanting to make sure that the place of the water is available when the well gets shut off and it doesn't carry out the injure somebody by creating shortage it requires that water be provided for those 5 years. And does that analysis get updated periodically or is it not? That one's set by decree by the court in the augmentation plan actually that Mr. Holberg and myself Do we have any other use for our well and other entities? We do. We have a number of other leases similar to this lease. Our first use is for our own water rights cases we have return flow populations. We use water for the change to water rights we have to replicate the historical return flow to the stream and so that becomes when we use the water that becomes a death wheel to river and that's made up of a couple different forms like ditch loss return flow from the sun surface and water loss. All that makes up an augmentation that we'll not have when we use our water rights. So the first thing we do is meet all of our return flow populations. Then we have a major exchange agreement with public service company Colorado where we deliver them fully consumable afternoon that they can use in an augmentation plan and in exchange we get water out the wastewater cream of black water in from Colorado. So that's our secondary use of it. And then if there's anything surplus from that then we can lease that service water. It's really primarily it helps raise the revenue to stabilize water rates literally $100,000 but it's only excess water to what we have downstream. One of the ways we do it is the US is ordering different water to the plant. We order CBT water it's not fully consumable so we have to let it out of wastewater plants it's hard. We need a little bit more of the outflow to be fully consumable and we can convert it into a windy gap or we can use water storage for these movement sources so we always balance how much of the water out of the wastewater plant is fully consumable reusable and how much is not as well as water storage and union reservoir. Could you say that again one more time for me to hear it? So CBT is not fully consumable? It is not. It's a single use water and that's because the original water right is owned by the US government they then contracted with Northern Water to distribute the water so Northern Water distributes the water and their distribution of the water and the allotment contracts that everybody signs will be able to get on the allotment of water CBT water. The federal government allowed Northern Water to have the reuse rights because it's trans-based so it's fully consumable the reuse portion of that was kept by Northern Water and then that was down to all water users in the South Platte Basin that are in Northern District. Back in 1937 when they went to a vote to convince everybody up and down the river some people were well some people didn't have an automation they didn't have an automation people are involved they didn't need the water others weren't under additional controls to get and of course everybody is taxed has been taxed since 1937 so as part of that taxing they were promised there will be greater water supply for everybody in the South Platte Basin so the use of this water once it's used will prove back to the stream and anybody who's in the district will have use it so even though it's import water it's not fully consumable not to the Latte but it is to Northern and Northern shares it amongst all of its tax-based that's exactly and really what it does it goes down to the next the diverge water in your beach land that's in the district they then can divert that so it benefits everybody all the way to Cholster yeah that's that's a little bit harder it is I guess it's not a direct benefit to the lower part of the river but literally they can act with Congress too yeah it was because that's set by Congress and in effect as some restriction the Longmont can use something like Denver Water to reuse water it restricts Longmont using that as a solution potentially in the future correct Denver Water can vary and water reuse but that would only be an option for us on the river and I don't know how the accounting would be even more than that well we can show you that we've done that so it can be done it can be done well we'll do that someday but you know how much we put out the wastewater water was pretty consistent all this year around has been for 30 years it's just a straight line but we balance how much of that we need over time we need more and more for the consumers of the Longmont so we've increased the percentage of windy gap and transfer of water okay Tom I'm sorry did you make an option I don't remember I don't know let me say this is there an option to approve this agreement if I remember the word incorrectly I so move substantially at the same time second yeah all in favor stay on it okay yes I was a few minutes late I'm sorry that's because I'm a little easily guys be honest especially I couldn't get your filter so right in front of us stop it yep it's got this agreement was passed so I'll keep going this time I'm 233 I'm 10 10 just a quick update on the windy gap for me project we had a very successful tour we enjoyed it yeah it was good we have time I don't know we're supposed to give us about 20 minutes dissertation wow we talked about this stand by no it's quite impressive I'm sure you're going to explain any of that yes I'd be happy to do that so this is a recent just last Monday so this is a recent picture of the we had a good tour basically this was taken from the overlap where you looked out on the project and the tours not everybody can make today's tour I have a number of tours you can sign up directly with Northern Outer so if anybody is interested in doing stuff just real real briefly you can see this is the footprint for the dam it's actually you can see the dam starting to come up there's actually an embankment there now last time we were out there I don't know the dam was like 40 foot tall and it wasn't even at the ground level yet so it did there's nothing that looked like a dam but now it's there so this is the main rock fill it's a rock fill dam with hydraulic gas valve cord what was really neat today is you can really that hydraulic gas valve cord starting to get wide enough long enough that you can it's not wide at all it's only three and a half to the wide it's long enough that you can really see you go oh there's that hydraulic gas valve cord ironically the machine was right where it is on this picture when we were out there we were going along quite well and and they don't have anything to this is the rock crushing operation here I'm sorting the quarry is over here and the pipe might deliver water to the reservoir it comes right down here and then around so anyway that's what it looks like right now looking pretty good but wanted to kind of show you progress why you can remember the last picture that's where the dam and embankment construction is right now so that's a little further in terms of the full width of the dam we're up about a hundred and thirty forty feet right now if you cut across section here it looks like it's well on its way because of how much has been placed although this is original ground level right here so you can see a lot of the construction was the foundation rolling now going up we've hit this part right here so it's all of a sudden the hydraulic gas all core placement is taking a lot longer it's kind of slowing them down because they're now literally trying to get this part done the first part of that hydraulic gas core has to be hand applying the machine can't lay it down so the hand applied in the first layer all the way down here that kind of put them back a little and just take them a little bit once once they get over here and they just they just kind of hit the spot and the dam is that's that's just kind of shows where the construction is right now one of the things I didn't want to talk about real quick so is schedule and performance on the contract right now we're about two years into the four year construction period about halfway quite half almost halfway through and generally our own target but to stay on timing they had to go to 20 hour a day some of the operation is 24 hours a day most of it is 20 hours a day 6 days a week I think 6 but they're having to increase production a little bit to stay on time so all in all they're going quite well in terms of the project the original contract in about was $500 $12 million in change orders so the revised contract was $529 now this does not include this figure here does not include the cost for the federal lineage so that was pretty significant and as in terms of the overall cost of the project should be counted as part of the overall cost this is just the amount that's going to come a contractor there was a change order with a contractor for that federal litigation delay cost because of the federal lineage that's not included in the actual and the reason I wanted to highlight this this month is we're finally kind of getting the final numbers and we'll be setting our cash in lieu in September we're going to be coming back in September with a lot more detail on the cost looking hard not on the cost of the project but what we expect it to be because we believe we want to percent the water for the full picture this is the project that we're using as part of our cash in lieu calculation cash in lieu will be up for review in September so we'll be looking much harder for all these numbers next month making some decisions on how does that impact our cash in lieu calculation I have 529 or 530 that doesn't include litigation it does not include litigation we'll bring all that back next year so would you anticipate a quarter on cash in lieu looking at these numbers on the quarterly or is that too often it won't we probably should look at it each quarterly one but it won't change the number I think it will in September or December one of those two reviews I think they'll probably want to look at pretty hard to decide what that impact might be or how you might include that and we'll bring you that data as part of but we don't change it until there's actually this change ordered 21.8 you've already calculated in your cash in lieu there was a contingency amount I can't remember the exact number but round number is about 50 million dollars for the project and that was included in the original calculation so every quarter even though every quarter we'll bring that information in until it changes until we expand all the contingency funds we won't need it won't affect cash in lieu once we exceed contingency which would then mean we'd have to develop more money it will other than that federal litigation we now kind of know all the costs of that and we may want to look at that and decide if we include it or not include it in the cash in lieu and if we do how we do it so all of that stuff's going to have to be looked at in the second quarter but this tells us as far as contingency not including the but if you go back to some of the questions something I learned and maybe I might share this line here is that yeah boring and they say they can put up to nine times to nine inches twice they go through this in a day so they this thing raises that bam this part and the other thing correct me if I'm wrong can or hope they make the asshole up here do they not and they chuck it on down here go across these ramps and fill this little truck that's needed it's just going to it's all all the stuff is made right there whether it's the asshole bring the rock in whatever it is kind of do it yourself right there in the back yard so and one other thing is the people making the asshole are they Swiss people well of course Portuguese leaders of the Swiss you know it's Swiss they're putting together they're running how the mixture goes I mean this is something the US doesn't know very much about Europe they know a lot about that's what I learned today my takeaway it is very interesting the slaying down machine it's kind of unique because they put the hydraulic household in there on each side so it's laying three a layer of sand filter on the sand filter three zones of the dam at one time sand filter it's kind of the walls that keep the asshole yeah it's a transition from the hydraulic household to a fine sand lens to a small rock lens to the actual rock field what I miss most finally this is just for informational purposes this is an actual hydraulic household replacement and because it did that it's hit that long straight part plus they're trying to route company trying to keep ahead of the last hydraulic household court placement there are a little behind schedule in the hydraulic household court and there's a lot of concern about we've got to get that hydraulic household court going otherwise there going to be a fine schedule that's the first thing that goes down so if that doesn't stand on schedule then the whole project can't see the whole court affected by like what do you mean can they work through winter they can they actually can do better in winter they actually had to shut down a couple weeks ago when it was hot because they put it down at like 350 360 which is 70 degrees hot already really hot asphalt for placement and it has to cool down enough to put another man on top of it so they actually if you look at those pictures that you can see every week if you look at some of the snow pictures there's no snow on that I don't think that's all cool so yeah it's really now we get one of our famous blizzards is you can't get the workers out there you can't get around out there but by and large it's really the 95 to 100 degrees plus days that slows them down more in the cold weather I learned that today and it comes down in almost a liquid form as it's not the truck was just washing around and was bringing it down so asphalt as we know is kind of a material but this is kind of a high asphalt has basically got asphalt street asphalt and then you put it 350 degrees so anyway that's the only so that's my report on so it's still going well the Colorado River connectivity channel portion of the project is going well as well they pretty much I don't know if you remember when we were talking about last spring during the runoff we had a bigger runoff on the west slope than anybody thought they would because of a higher snowpack and that actually inundated the cofferdam that was deepened with the main dam construction dry so that's about better than mine that's all cleaned up now now they've raised the dam, the new dam in the bank high enough that we won't have to talk about it what else is happening in the construction? that's what we need to work on are you going to go over the Colorado River yeah I we just put that in the packet for informational purposes for the board and that also gives me a chance to editorialize if you read those letters I really did appreciate the letter especially the Colorado letter I gave them up for Colorado River Commission letter they really were focusing on hey we need to look at how we do operating criteria federal reservoirs because it's not working the hydrology is not the same we need to groove to that we need to take that into account we need to operate the project the lower river has been over-drafting the Colorado River forever and that actually is contained in the operating the federal operating guidelines and rules they allow it to happen and in fact they almost encourage it because they have what's called an equalization protocol the need goes down the power is water released out of power to bring the need back up and so the more you overuse the more you release out of power both of them reached crisis level which we did last year and went into a tier one what was crazy to me as these letters went out if you read them really clear that hey you can't operate the car the way you've been doing it literally days after that came out because of the little bit better water supply this year federal government tier one I beat my head against the wall when I heard that I mean literally after these letters come out saying don't do that and I don't blame the federal regulators that do that because they're kind of bound by the 2008 operating criteria that technically that's what those numbers say that's what we were supposed to do but really did you have to lift them right now right after those letters went out so I think I like the fact that the state a lot of commissioners are going to say hey we've got a problem but really what we have is an overuse problem usually that will be heard as new operating criteria is drafted it's going to have to be absolutely have to be taken into account I can't imagine the state's overstate allowing operating criteria like we have 20 years ago not much that we can do I can get it that's a federal level that we all just kind of have to sit back and watch it's a question for piano and I do have a question I'm not sure it's formulated quite in my head quite yet but I mean one month I mean we've had discussions about one month's pretty blessed with water blessed perhaps is one more because we play a very active role in securing just water rights etc. and the situation that you talked about with respect to one day they say we can't do this the next day we get actually a rainstorm and it's like oh they're right we're good and we don't necessarily live and die by every rainstorm in one month or even season for long grain or not or for long drought like whether our peers I'm not asking you to talk about other water companies but essentially whether other other kind of contemporaries of ours operate in that kind of winders on when the when the rain is falling and crisis when the water is out or when the rain is not falling so you don't necessarily need to name names but is that a more pervasive attitude within the water community or do you feel like the kind of proactiveness associated with long term planning is maybe looking for greater hold? I think it's taking a much greater hold I've seen more and more other water providers really starting to take water conservation series really starting to talk about you know the power the power storage component sufficient I know a number of other water managers we really don't have much story you guys are pretty lucky I mean do you feel like the beds in that respect are behind the curve or do you feel like they are they are getting well I think they understand it they will know I believe it's going to be pretty difficult for the beds to come out with new operating criteria in the Colorado River I think I personally think it should be at least we should live within the Colorado River Compact that they weigh over they get 7.5 million a year used and 11 a year you can and I get it there's a lot of and I benefit because I eat strawberry and almonds and I like all that I get that I think there's going to be extra but I don't know it's hard for me to predict I just do know that more and more and more and it's done a really pretty good conservation in Colorado you know Colorado really has the continental divide and the rainfall that gets stopped there as it's sole water source not just the Colorado you know there's the Arkansas but that's it we don't have any other water sources California has an ocean and do you know anything about what the time lag is for investing in developing other water sources like desalination how long is it going to take them to do you know what's sort of equivalent to the energy transition that we're going through now because there are other sources of water in California they just might develop because it was cheaper to use the Colorado that's true I you know if it's a major water storage project I know it took us 22 years to get it for a mix but if I can use that for an example I hope we won't have to use that for an example there are you know there are some projects they can do out there I think they're looking a little harder even more groundwater objective use a lot of their water goes out into the ocean without being reused and doing more of that they've got some unique struggles there's a lot of pushback on utilizing water that's been used since the early 30s so they have some struggles with actually losing some of their supplies there is a lot of water up north in northern California in the central California project how efficiently they can bring it down and ultimately though you know in Colorado we're in the Palmetine Ditch right now today and half of our dishes are out of priority today there's no water going down in those dishes unless they have CDP or something like that but yeah I mean we don't think of think about they call a ditch out they shut the ditch off and that doesn't happen in lower-basic states and that's happened if you said the all American males didn't go out for a week desalination is really just an energy matter well there's a plan could be built pretty quick yeah there's some energy but there's also like there's F mode that comes out of desal that is not great I assume it would be desal yeah so the desal is not it should be the last resort as you were saying or just don't do it I mean honestly the point Ken was making is maybe turn something off you know and say maybe it's this relative priority right you know and I understand I did not know that they let clean water flow into salt water because they've been never do such a profligate thing Orange County has one of the biggest water reclamation plan I've actually had I've had an opportunity to tour about five years ago so they are starting to do that they replenish aquifers so but when you think of the effort of that one plant versus how much water millions and millions it's an awful bucket I think it's a good start and they are they are doing they're I believe they're now talking about statewide water conservation that means did it include agriculture? um I mean that's well from an agricultural perspective aren't they buying the farmers literally to not produce so maybe that's see the that is happening crazy option also where water conservation is probably the what maybe we can talk about food shortages and all this other stuff and how are paying farmers not to produce food because of the water shortages I would vote not to produce that that should go over to China but yeah I want them to produce almonds and it's probably going to be good I go to the market every day buy those things but I get it that's the easiest to produce vegetables and crops and change our eating habits well you didn't cut it out it's stupid stop we're working on an art here I'm trying to I took my note so yeah we could probably think out there to about the Colorado River and I hope California is doing better but just I was encouraged with the state's letter and I hope there's real really neat art from the federal government as they go forward they gotta do that well it's too political that's what their problem is okay I don't want to have them review the water board buy laws what are your thoughts on that you're not proposing any changes are you? we're not proposing any changes the water board just reviews it about annually or by annually or so it's been over a year now the organization will be in August it would be a good time to get a new member and look into it only if the water board does anything about this change does anybody want to go through again the point that I I'm reading through it except for the notifications whereas at one point in time we have to move the minutes or the agenda need to be out to us within four days or a section that needs to be out in five days it just makes sense that the consistency and easy for someone just make it all four days or whatever that might be new guidance but I hand-delivered yeah I think one to four days and the other to three days and then what's the the resolutions by May line by days I wouldn't suggest the change I would suggest that staff maybe look at that see if there's a change because he suggested that we could personize something on the fly we'll look at that we'll see we'll look at the comments about the water board by law alright if you have a major project listing I understand what you're saying but if you want me I hope everybody's on the chance to look at our calendar events coming up and if you really have any comments or questions about those you know Kim I have some kind of a broken record about that we'll have to we're going to think about our moving water we're going to have trouble with the water is that is that something that is kind of thinking about I don't know if that's something that's going to happen in the future we need to do it where that is actually we're going to include that part of the union reservoir update the water board oh well it's scheduled to evolve we're going to do probably at that point if we're up here talking about Colorado River today we're going to do the Colorado River presentation and then the union alright that's how that is coming sooner than anybody have any comments about our schedule items coming up very good information why doesn't the water board those are attached to the package one other thing that is coming up the water treatment plant we're going to do there are going to be modifications or upgrades or something a year or two or so is that still pending still pending did you want me to so the preliminary design was put together and then it was going to be a design build so it was put out bid for the design build it came in way higher than had originally been projected so the actual timing of that has been pushed back currently our water demand has not gone up any so it doesn't look like we're trending up absolutely enlargement right away so we believe we have a few years to plan for it that is our next big project and I believe is going to look really hard we have the next rate setting the cost of that project what that means for rates what it comes from part of it will be bonds part of expansion of capacity part of it will be existing rates because it's placement with one when it gets enlarged then the great gavis water will be commissioned so essentially it's about half of it's in new capacity when it's replacing existing capacity so we can run that status for a period of time sure we were doing okay especially this summer we had total water this summer it was all over the rain I think our peak day was around 27th 28th 28th NGD day which we should a few weeks and a third and that's it yeah we're we're definitely still looking at that actually we do know what is that peak year I think peaking is a huge piece that we don't understand really well peaking is manageable hopefully we can figure it out we'll talk about it you guys can but conservation is actually pretty well that's one of those places where conservation really could ease us away from a big project or reduce the size of a big project even post-colonial if you can post-colonial because there's going to be treatment regulations that's kind of but certainly sizing plants is great so there was a while there where we were really about a year or two or so a year or two or something like that where we were really talking quite a bit about what this next kind of reasonably foreseeable project was because we were trying to figure out exactly how to set the question and I think what was decided was that we would go backward in time rather than forward how much did the cost instead of looking forward and forward it seemed like we were talking quite a bit about like union pump the pump background and then of course we haven't heard much about that at all since probably because it's quite a way it's out there but we were talking about it just from the perspective of like should we think about that project as something to I don't know sort of cast a new quote or something I mean is that type of project is that so far out that there's really not something that we're talking about very extensively at the moment or is that something that is included in this like union reservoir discussion yeah it's part of the whole union reservoir in larger discussion in the world although it's more actively on the new supply perspective of that but yeah that's really just a matter of we might need to review the cost estimates for that project and compare that certainly be something that we look at compared to the cost that we get from union and other things but we wouldn't have it by September but we can certainly commit to bring that additional things okay yeah sorry I'm invisible back here behind the line as long as somebody can see your hand so I this is almost a cost plus kind of a discussion about where the fees and moves should be and what about a market discussion because if they didn't if they had to get the water from somewhere else they'd be paying a lot more so should be a year ago public raised that point this is you know why are we giving our water away for free you know so I'm just asking why why do we only seem to consider the costs and the economic needs as opposed to it's not like we're a cash heavy municipality is it because of the enterprise organization of the waterworks or what is it what's the reason you know I think we've simply included that information occasionally which we I agree with you Marcia that included that information when we had brought a change forward and that's what that did give the discussion going about you know why don't we reevaluate that's when we you know set the so the currency and we didn't have to split the difference on that for just another side of the call you know I feel like looking at the next project or the current project because I think the next project may be quite more out because of conservation and flat demands but looking at the current project costs I think align much better with cost of service principles recommended for rate setting and in this case system development charge setting and so you say this is what it's costing and this is what you pay and market is lovely but sometimes market can be driven by things that aren't exactly cost of service and cost of service is highly defensible and it's there's an element of fairness and I want to be clear I'm not pro developer I'm not anti developer I think developers should have a fair portion of new demands on the system and so you look at okay what's this new or current project doing in terms of new demands and that's where cost comes from when you're looking at market you can be looking at things that aren't actually reflected in the cost of utility this utility bears to that exactly is the question right is market is different than cost plus and and yet we're talking about well we can't afford to stick to the original plan on water treatment so shouldn't we be making up and I would say that that would be one thing I would love to have this group know more about is there's the system development charges and then there's a raw water requirement and those are fees that run parallel and so there should be a system development charge that is looking at costs of water treatment and getting that money and you know whatever water treatment element is expansive that should be attributed to the system development charges but the cash in lieu is really about the raw water component and so cash in lieu shouldn't be supporting no treatment by that thought because it's a raw water fee system development charges and I did kind of conflate those terms in my earlier statement about cost of water and I freely admit that I'm not that slow or that fair you know it's like our city needs this stuff let's make sure we can get it let's get it from the system development charges but not the cash in lieu I'm all for getting that money to be clear and I'm also very much in line with what I think the trust of your point is the rate payers shouldn't be paying for expansion development should be paying for expansion growth pays for growth yeah you don't think that's happening do they extend it on to okay I want to be clear I'm not throwing stones at system development charges I would just like to know more and I think it is we do trust the city's analysis of that that system development charges are capturing particularly between cash in lieu and system development charges we are capturing growth pay and growth but it's always worth checking and I believe you guys check every what five years you do a rate study and then in the next rate study we'll look at assessment development fees specifically for that although the rate payers should pay for the depreciation and replacement on the existing facilities so the developers obviously can't pay for the new plant all by themselves because they're not, they're only a little piece of the reason we're going to replace it yeah Chris you guys are coming in I was just going to say that our system development fees were really about three years ago so we disconnected rates and system development fees in that cycle so system development fees were kind of one of our two years after the rates and due to this rate study and when I say I would love to know more about system development fees I just I think this group would be well informed to understand system development charges and cash in lieu of how they work together and to know what developers are seeing both of those economically things have changed significantly over the last few years so so much so our system development fees were based upon estimates that were done five years ago well it was resolved but I think there's a lot we don't understand it would be nice to understand more thoroughly but and I have good faith in staff like did you feel like staff has a well in hand we're just there first public last question okay well that covers cash and we want an retirement over in September as well so we don't start looking at how that impacts it discuss future water board agendas just only a water board has additional items so like we've done a little bit here it didn't mull over we've got some options there what else for the cause oh I was hoping for you bring more the meeting next time okay it's really nice


Aloha and Happy New Year. I'm Kaylee Akina. In 2017, I completed my first year as an elected statewide public official, a trustee at large in the Office of Hawaiian Affairs. So now I'm reporting to you so you can determine whether I've followed through on the promises I made to voters and to all citizens of Hawaii. But by way of disclaimer, the views I express in this commentary are purely my own and not necessarily those of the Office of Hawaiian Affairs. From the outset, I committed myself to doing three things for the sake of the Hawaiian people. First, ensure a full and independent audit of OHA. Secondly, guide OHA towards financial sustainability as well as growth. And third, watch to make sure OHA funds are not misspent but rather used to meet the real needs of the Hawaiian people. Let's talk about auditing OHA. I'm glad that I was able to be instrumental in ensuring that an independent audit of OHA, targeting fraud, waste and abuse, will begin in early 2018. This independent audit, which goes beyond the scope of OHA's routine financial audits and state legislative audits, will help restore accountability and integrity to OHA. Many individuals worked hard to make this audit possible and I'm so grateful that my proposal was approved unanimously by all nine trustees. I'm also grateful that I was appointed to my first leadership position as chairman of the Audit Advisory Committee. Demonstrating its full commitment, the Board of Trustees authorized $500,000 for this independent audit. That's enough to attract a highly qualified firm in a nationwide search. We estimate that the audit will be completed by mid-2018 and will address areas of concerns to beneficiaries and constituents. Let's now talk about fiscal sustainability. A serious concern I've raised stems from OHA's own financial consultants reporting that the Native Hawaiian Trust Fund was being depleted at a rate of approximately 5% to 6% annually. Now at that rate, the intergenerational equity of the fund was in jeopardy. Immediately when I became a trustee, I produced and distributed a report to other trustees entitled, quote, crucial recommendations for fiscal sustainability. Now you can contact my office for a copy. My report provides a game plan to ensure long-term financial sustainability for a strong OHA so that it can accomplish its mission of bettering the conditions of the Hawaiian people. That game plan, which guides many interactions with the Board on financial matters for OHA, is as follows. Just three points. Number one, protect the trust. That means reduce annual spending and create new policies for controlling the budget. Number two, grow the trust. And that means to ensure that OHA follows sound investment strategies and develops resources like the 30 acres it owns at Kakaako. And finally, three, properly spend the trust. Spend only on OHA's mission to serve the Hawaiian people well. Now let's finally talk about that idea of proper spending. OHA commissioned a scientific survey in 2015, which revealed that the Hawaiian people ranked OHA as the least reputable of all Hawaiian organizations. The survey also showed that Hawaiians did not want OHA to be spending its resources on nation building, but instead on real bread and butter issues, such as housing, jobs, education, and health care for Hawaiians, not for political efforts. So up until then, OHA had spent millions of dollars on pursuing the unsuccessful Akaaka bill and failed registry programs like Kana'i Oluvalu and Na'i Aupuni. In keeping with the will of OHA's beneficiaries and its constitutional mandate, I've worked hard to keep OHA on track and focused on delivering resources that really better the conditions of Hawaiians and on things that they need. Well, looking back, it's been an incredible year. And I want to thank all of you who've stood with me. Without engaged community members, supporters, and my outstanding staff, our accomplishments would not have been possible. Mahalo Nui. I'm humbled to serve the people of Hawai'i. Ehanakako. Let's work together and have a blessed new year. I'm trustee of OHA, Kei-li-i-a-keena. Aloha.


Play to State Governor Caleb Mufang has urged the federal government to provide a special support for victims of attacks in this state. Mufang made the call when the Forum of Northern Senators paid him a condolence visit in Jaws. The governor was said the victims would need to return to their communities without delay called on the Senate to include funds for the resettlement of the displaced in the 2024 budget before its passage. He said the state had committed huge resources towards supporting the state security agencies, hence the federal government's support to cater to the needs of the displaced victims became necessary. Hello, hope you enjoyed the news. Please do subscribe to our YouTube channel and don't forget to hit the notification button so you get notified about fresh news updates.


When you read her story, we talked a little bit about her, her mom, she's like, Yalla, it's a girl. Because she's from Ali Amran, she was able to live within Bayt al-Maqdis, within like this one of the harams, one of the holiest places on earth. She got to live there and she was the only woman that was allowed to live there. And all she did all day was like pray and feed the poor. Like, she was just in a constant state of ibadah and the angels came to her. And the angels came to her and said, Ya Maryam. Oh, Maryam, called her up by name. SubhanAllah is so beautiful. You see how Allah, Subhanahu wa ta'ala, calls Maryam alayhi as-salam by name? He calls Sayyidina Musa alayhi as-salam by name. It is to elevate them. And the angels call her by name. Ya Maryam, Inna Allah asthafaki wa tahraki wa asthafaki ala nasaa and alamin.  Ya Maryam, qanuti li rabbika was judi wa rka'i ma'a raki'een. Oh, Maryam, be obedient to Allah, Subhanahu wa ta'ala. And make sujud. And make ruku'a with those who are making ruku'a. SubhanAllah. This is Maryam alayhi as-salam. Allah, Subhanahu wa ta'ala, then gives her a very, very difficult and challenging test. And Jubeel alayhi as-salam comes and he tells her this and he's like, you're gonna have a child. And she's like, wait, what? And in that moment, as she's about, she's going into labor. And she says something that's so profound. She's saying, ya layteni mittu qabla haa theu kuntinasya min sayah. She said, if only I had died before today and was long forgotten. And I feel like I've read the men who wrote tafasir and they're like, oh, it's because she feared the pain of labor. Like, women have had babies and they had more babies. Like, no, that's not what this is. Like, clearly you have no idea. For someone to say this, there's something inherent and core to who they are that's being threatened. She knew what her people were going to put her through. And mind you, a religious community and what they were going to put her through. As soon as Isa alayhi as-salam is born, he looks up at his mother and he starts to give her in the qaraat, it says, And the one that was below her, or from below her, she was called and said, shake the tree. Be content. And when you meet someone, tell them that you won't speak for three days. When she comes back, carrying Isa alayhi as-salam through the city, she's coming back like, mind you, if, I don't know, the woman who basically lives at the masjid and feeds the poor is holding a baby. Maybe she's babysitting. Maybe she found an orphan child. They didn't say any of that. They looked at her because they'd been gearing up to this. They immediately started slut-shaming her. They told her, your mother was this and your father was this.  Sound familiar?  Also, I don't know how long it takes to go like this. Even as she's doing this, they're like, how can we speak to a child? I, like, subhanallah, the amount of just, she knew this was coming. And as soon as she pointed to him, alayhi as-salam, he says, He also says, What I expect of men in our community is to follow in the footsteps of Sayyidina Isa alayhi as-salam and to be allies to women in this fight. This isn't about, like, men versus women. This is about justice versus injustice. Are we here for Allah or are we here for power? Sayyidina Isa alayhi as-salam said, I have my mother's back. And this is what we should expect and this is what we should demand of our men.


Computers keep changing the world, but their power and safety is limited by their rigid design. The T2TILE project works for bigger and safer computing using living systems principles. Follow our progress here on T Tuesday Updates. This is the 21st T Tuesday Update. Let's get into it. This period of time is dedicated to working on the scientific paper, the research, the writing of the paper for the 2019 official life conference, which is coming up this summer. So most of the hours of this week, the working hours were spent on that, and that's also going to be true for the next couple of weeks, probably depending on whether the A-Life program committee does extend the deadline, if you're watching. So I'm going to talk mostly about updates on the bill of material stuff and the 3D printing stuff, which we kind of left hanging last time, and also hopefully it'll be time to talk a little bit about some software improvements that I've developed because there's nothing like actually eating your own dog food to decide maybe you want to cook the dog food a little bit more. So let's try to get into it. In the bill of materials that we looked at this last week, the greed lines are stuff that we have at least enough parts to build 150 tiles, the second column is green, do you have enough to build 200? I've added four more rows, 14 through 17, which have a lot of red in them. However, those are H1 through H16, which are nuts and bolts and screws and standouts and spacers and all that sort of thing that we do not need in order to send the boards off to ETS, to electronics technical services, to have them manufactured. So we will need the parts eventually, and we'll talk about the trials and tribulations trying to acquire some of them right now. So, I put two orders in on AliExpress on February 14th on Valentine's Day, both in the same 12 o'clock hour, one for 800 nuts to screw these things onto the bottom and one for 800 of these brass spacers, 12 millimeter brass spacers because that's a pretty good height to set the Beaglebone green above the circuit board. Now, we don't really need these spacers and screws and nuts for mechanical strength because the Beaglebone has 96 pins that are friction fit into the female headers and really that's not going anywhere. But at least if we believe some people on the internet who are talking about the grounding system of the Beaglebones not being that great through the pins and we're saying that if you did use the mounting holes which are connected to ground and you use metal mounts, then you can improve the ground. So we're doing it on that basis, at least officially. So, the nuts that we got, we ordered and the spacers, we still have to order the screws that will go on the other end, haven't done that yet. They were ordered from two different places on AliExpress, both on, like I said in the same hour, watch what happens. So the first one, the nuts, I get a confirmation the very next day, February 15th. The screws, the standoffs, I do not get a confirmation for four more days, February 19th. So that sounds bad for the screws. On the other hand, after February 19th, it's February 20th and February 21, that's last Wednesday and Thursday, coming across the date line, get to have Wednesday twice. And two days later, here they are, they arrived on Thursday and here they are. 800 of these M3 12mm standoffs to work with. Now, this was the one that supposedly shipped four days after the first one. So where are the nuts? Well, that's a question. In fact, even though the vendor claimed they were shipped on the 15th, DHL tracking did not pick them up until February 21, last Thursday. In fact, the same day that the ones that were ordered at the same time arrived. Where are they? They're getting picked up in Hong Kong? Apparently, no. Apparently, they're getting picked up in Dubai. And actually, they haven't even been picked up. It's just the shipment information received last Thursday. And so, in fact, they don't actually get picked up until this past Saturday and they still appear to be in Dubai. I mean, I don't know whether this is messed up or whether, you know, there were just a whole lot of extra nuts in Dubai. So the guy is just selling them from there or what. I hope I get the bag of nuts for this. And so they sat around Dubai on Saturday. And on Sunday, they went to Bahrain. And on Monday, they went from there to Leipzig. And also, they went from Leipzig to Brussels. And now, as far as I know, today, Tuesday, they are in Cincinnati. And in fact, they're taking a little scenic tour around Cincinnati. I don't know if it had been any kind of normal DHL experience. Once they hit America, I get them the next day. So we'll see if this package, whatever it is, arrives tomorrow. But I am not impressed. On the other hand, the guys that sent me the brass standoffs, they're great. I already went and ordered them another order with them. But in particular, I found out that they have... So the cases that I've been making, I've been countersinking the corner holes because all I could really come up with was 25 millimeter socket cap screws. But the cases really need 28 millimeters. So I made a countersink of 3 millimeters. But that's kind of hard to print because it's upside down and so forth. And the same place that I got the brass standoffs that did such a nice job have 28 millimeter M3 socket cap screws. So I've made an order for those and I'm going to revise the Modulo 3D printing. The case, once again, to not have the countersink and just let the screws sit up on top of the case in a, again, you know, a little bit more of an industrial look. So that's good. So right. So there that is. And in fact, this is OST hardware. We like them. Kevin's screw store, not so much. We'll see how it goes. So that's the bill of materials stuff that will fill in H1 through 4 and H5 through 8 once they come in. And H13 to 16 once the 28 millimeter socket caps come in. So making progress.  But the short bottom line is, is that I'm still negotiating with 4Ucon with the person, my account executive or something. I don't know what it is about the lead time for these parts for the for the intertile connector parts, the six that go around it. And then in particular for the two female headers that the Beagle Bones themselves go into that Adafruit really can't provide enough and it's a very high price. 4Ucon is saying 35 business days lead time to get these things delivered to me. That is the middle of April. And these things are needed for the ETS build. So if that number holds, if we end up having to go that way, that means we cannot go to assembling the circuit boards until the middle of April, which I really do not like. And I'm hoping to see if there were some questions. If I didn't buy a certain part that this take longer and if I ship it a different way it might go faster. So that's still in progress. We'll see more information about that tomorrow. All right. So 3D printing. We ended last week with the 3D printing printer down completely clogged, unable to extrude any filament. Last week we had had some problems with first layer stuff, which I had mostly fixed by increasing the temperature on the first layer seemed to help. And then we had had the, and then we got better looking first layers. And then we had had this problem where we got to the bottom of the first spool. And I'm like, ooh, I have an i3 Mark III. It can handle this. It has a filament out sensor. It'll all be fine. It was not fine. Here it is. The end of the spool going into the, into the printhead. And the thing telling me to press the knob to unload the filament, which I did and then pull the filament out, which of course I can't do because it went into the printhead. And so the vented pretended to be loading it and so forth. The whole thing was completely clogged. So I got a little bit out the first time and then it just wedged up solid. So that was terrible. And, you know, I really do not know that much about 3D printers. I bought them assembled. I tried to be ignorant. I tried to be hands off. And really the state of the art in 3D printing still, it's made a tremendous amount of progress since a couple of years when I first started trying to do this. But still, it's, you know, as soon as anything goes wrong, all of this, you know, easy, you know, it's, it's like if your car broke down a lot more often than it did, and you were supposed to fix it yourself. So, so, you know, time to start looking at the instructions about the different possible fixes. Andrew Walpole, a clogged nozzle cliffhanger. Love it. Yeah. Love it. I've never gotten a cold pull to work. He says, I always manage the clog with a piece of high E guitar string. Try going up through the nozzle opening. And it's like, well, you know, hey, a high E guitar string. I can get a high E guitar string.  But here I am getting ready to go in and, you know, I want to buy a high E string.  There's a guy there who, you know, says hi as if I'm somebody. But then it turns out like he's like the repair guy. He's not actually the friendly guy that'll help me. So when I ask for some help from him, that doesn't work and so forth. And I'm all completely cat. I was going to take pictures inside and then I was like completely.  And I was like the fuddy duddy dad going into their record store. And at any minute, you know, he was going to say, go to the mall. I'm not cool enough to buy stuff there. But instead what actually happened is I went in for a high E string and I came out with a complete set of strings, a complete set of strings, a complete set of the next to the most expensive strings, because that's what the guy helped me to buy, which is fine, whatever. They weren't that much. They were, you know, 15, 14 bucks. I don't remember. But the more that I looked at them with this treated strings and I was reading the instructions and like they actually have a coating on them like that. It's really super thin. It's not even clear whether it's kind of a homeopathic coating. But I was like, maybe I don't really want to be sticking this coating up in the hot, hot plastic and say, well, you know, I actually have a guitar. I have an old guitar, an old Takamine. And when I say old, I mean really old. That's a July 1978 old Takamine that has strings that are not that old, but they're not treated with any kind of whatever. I'll take the high E string off of my Takamine. I'll put the one that I just got on there. The Takamine will get a new set of strings and I'll get something that wasn't coated. And it still works. And so coated versus treated. So there it is. So there's the new string. So in fact, that's what I did. I took the high E off my guitar. This is a piece of it. This is from, you know, unwrapping from the stem and I took another piece and so forth. And I raised the print head up. I preheated it for PLA because that's what they told me to do in the instructions when it got there. I went fishing. I got the thing up there and I kind of probed around and wiggled it and whatever. It kind of twisted, but, you know, it bent a little bit, but I could still kind of feed stuff up. And then I tried to load it again. Nothing. No movement at all. There was one more thing to try. And in the Prusa suggestions, you need a thick wire, not one that'll fit inside the nozzle, but a 1.5 millimeter wire that you can go down from the top and try to push the stuff down through rather than pull it up from the bottom. To do that, you need to actually disassemble partway, the thing which I knew was going to be horrible. Oh, yeah. And I discovered it had a cool down mode in the preheat section. I never knew that before. It's one of the fails. Here's the things to work on it in order to try the wire, the stiff 1.5 millimeter wire. You've got to remove the extruder cover and remove the filament sensor with all these instructions, which, of course, I skipped because I got it assembled. But here I go. The Mark III apparently uses pretty much the same screws that I'm using, the M3 socket cap. My cool little ball head driver works for these things too very nicely. I got the filament sensor off. I wasn't sure that this little tube was supposed to come with it, but it did. I opened up the extruder covers. Sorry for the bad pictures. And there it is. And indeed, I opened this up. I'd never seen the inside of this thing before. It's got all kinds of shredded PLA because it was trying to drive the plastic down, and it couldn't because the damn thing was jammed up. These are my new wires. So this is funny. So when you're going up the bottom, you use the high E. If you want to go down from the top, you need a 1.5 millimeter string. That's very close to the low E. So I just took the low E off my guitar since I was going to change them all anyway. And I took some pieces of that to go working from the top down. They say heated up to 250. That's 250 degrees centigrade. That's pretty hot. And there it is. You can see me got the wire coming down here. It's going through and into the hole. And I was pushing it pretty hard. No, it's not moving at all. There's a thing. So now what? Just in desperation now that I had the whole thing open, I figured I'd fit the high E string up the bottom and see if I could do anything. And in fact, there's my high E string coming up through the hole and going out through the next thing. And in fact, I don't know if you can see it. There's my high E string that's threaded all the way through the extruder now like a piece of floss. And so I flossed the thing. And oh my, I don't know if you can see it, but there's a little piece of something that's starting to protrude from the top of the hole that you can get when you open up the extruder. I got it with the needle nose pliers and here it is. This is the end of the spool that went down and disappeared and got jammed. I pulled it out. I reassembled stuff. I put it back together and lo and behold, I have extrusion. I calibrated the thing. I tried to, first I tried the 7% solution blank. It worked well. I tried a case. It did not work well. I tried cleaning harder. The second attempt at a case worked pretty good. And in fact, it basically, there's a beauty shot of a newly printed post clog case. In fact, you can see it doesn't have the countersunk holes anymore. This is designed for the 28 millimeter socket caps. We survived the, my first extruder clog. And then I finished changing the strings and I noodled around on the guitar for the first time in the 21st century. I'm not sure. All right. One last point. There's only got a minute or two left. Let me just talk about it quickly. I'm just going to let it, because it's really a super-nerdly thing anyway. One of the things you do with your programming and splat is you would like to be able to declare type defs, names of other types. Here, count is a shorthand for unsigned three and then use them elsewhere. But when you do this, it doesn't actually work. And you get this weird error from the ULAM compiler. And the reason is, is that the way splat works, all these different sections, the different rules and so forth are actually different classes. So the class where this type def was declared is not the same class where this rule is being compiled and that's why it can't refer to count. But we have a new feature. Where is it? Here. In the metadata section, in the top section under element or quark, you can now say local and then provide ULAM declarations, constants and declarations and then refer to them all through the subsequent file. This is taking advantage of the ULAM local file scope feature. So this actually does compile. Very nice. There's also a feature. I don't have time to go through it called Scratch. If you're interested in what it is, it allows you to, well, get in touch. In fact, if you're programming in Splatterall or trying to program in Splatterall, get in touch anyway, please. I would love to know you're out there and both local and Scratch have already been pushed to my developed branch. Okay, that's it. It's still all about the writing. I still need you to keep me on the internet. Undefined and Micon and a couple of people, Louis D. Thank you for reminding me, asking me the question why am I writing. That's it for now. The next episode will be one week from today. Thanks for watching.


Yes. So this is, again, my personal opinion. I'm a very strong proponent for open source projects. I think that, again, having the ability for everybody to look at the code and having the ability to review and to improve the security is great. But there's a fine line there. And I think, obviously, that does work when the good guys are looking at the code. It doesn't always work when the bad guys are looking at the code and the good guys aren't spending enough time looking at the code. And I think, you know, one of the things that I learned through this process was there's some really good smart contract auditors out there. This is obviously a very new field, probably only about two years old, I would say, in terms of the industry. And I learned a lot by reading those reports in terms of how to attack the smart contracts, which things to look for. So it was great for me learning. But was it all necessary for me to know that? And I think where the balance comes is the stakeholders, you know, that they want to see that an audit was done, hopefully by a reputable company or, you know, somebody that's done a lot of these before. They want to know the results. You know, was there vulnerabilities where they're not? They actually want to know that the vulnerabilities have been fixed. And they want to know that it's happening on a regular basis. Do they want to know all the detail? You know, for me, that's kind of maybe going a little bit too far. And so, yeah, I think it's just finding that right balance. But by showing everything, it does create a level of confidence that an audit actually did happen. It was a real audit. It wasn't somebody that didn't know what they were doing, you know, saying everything's okay. There was a methodology that was followed, et cetera. But again, you know, maybe an executive summary might be good enough. And then those that are interested could potentially request a full audit if, for example, they're looking to invest a lot of money on that platform. So that's typically how I think it should work in the future. Yes. So DEFI is not regulated. That's correct. And I agree. I think that what is going to happen in the space is that we're going to see, I mean, the SEC is starting to regulate some forms of cryptocurrency, some forms of tokens. There's definitely a move from traditional finance, look at J.P. Morgan, you know, Goldman Sachs. You know, they all have their own projects. They're all using their own coins or their own technologies or banning together with Ripple and other things. So I do think that my personal view or prediction here is this is going to transform finance. We may shift from the open source projects into the closed source environments. You've got, you know, Hashgraph doing its own thing as well. And so I think that for some of the more material applications that you will find more closed communities forming than some of the open source communities. But certainly the regulator in the UK is taking a very positive view towards, you know, cryptocurrency. And they've got the concept of sandboxes, which allow crypto projects to kind of, you know, operate and then the FCA, the regulator also learns from that as well and sees what are the best practices, what goes wrong, and also what are the kind of things that they want to mandate for the future. So, yes, I do think that it's coming. But again, there's some amazing opportunities here. And that's probably why, you know, if you look at their graph from the one billion to four billion in three or four months, okay, maybe it's because of crypto markets or so improved, but it does unlock huge potential for many people that potentially can't do these wonderful asset swaps, derivatives, etc., you know, on the general markets. I think the other thing that's interesting here is, obviously, that's the state of the world that we're in today, you know, capitalism isn't working, you know, again, interest rates are low. It is quite hard to find the alpha or the value. And that's why potentially there's a number of people shifting into these platforms, even though there's high volatility and risk in order to try and boost a percentage of revenue. And that goes for the criminals as well. So, yeah, and I agree. I mean, there isn't that regulation, the centralization kind of goes against the principles of decentralization, which I appreciate too. But ultimately, it's going to be up to the users to decide would they rather put their money into something that has a bit of safety, there's a trade-off, or do they want to go fully decentralized? And what are the benefits of that? Because decentralization is great for certain things, but for certain use cases, perhaps it's not necessarily quiet. And again, this will play out as the industry continues to develop and evolve. Great. Thank you very much. I appreciate it and enjoy the rest of your con.


What's up everybody, Jason here for jasperjaysrace.com. 2021 Panini Mosaic basketball just sold out. This is a six box hobby break. Picker team's number three, all-card ship. So this originally would have been the first half of the master case, but number four actually sold out before number three. So here we go. So if you see a little character sign, that means you won that in a team filler. So congrats to everybody else there. And like I said, number four actually was the first half as it did sell out before. So this is the second half. Chris just also got the Cleveland Cavaliers guys. So we're just one team away. San Antonio Spurs away from selling out that promo guys and the last break of the night. So there you go guys. I'll see you guys on the second half there. We pulled some pretty nice autographs in the first half. Well, like I think Bleedjerry West, Allen Iverson, some good nice colors, but only two stained glass. So I do expect there to be a couple more here on this side. Hopefully there is. There has been on average like one every other box. Think of the first two bigger teams we had five out of the 12 boxes. So almost half, I expect a couple more. And potentially a big rookie autograph that we didn't see in the first half. I feel like it was more veteran in the first half. So potentially like I said, see better rookies on this side. So again, we'll rip these four boxes here or six boxes I should say. And then we'll run back number five. That'll be from a fresh case. So number six will be the second half whenever that does sell out. But again, all we had to do was sell out numbers two, three, four and five today to give away $1,500 in break credit, which we did pretty much. We're only one team away. So I'm going to jinx it and not jinx it and say that we're going to do it hopefully. So we only get one team away. So way to work guys. Patrick Williams, Jordan Noir, James Harden, Jermon Green, Lamello, introductions. Tyrese Halliburton, Lou Williams, Bama DeBio, and a little pony, Christophe Orzing, his little center stage. That is going to Brittany and Dallas. And a Jivari Parker, little white, little color match potentially. 12 out of 25, Patrick Williams there. Swagger, Jason Tatum, Lamello, Sadiq Bay, Ken Basmore, Anthony Edwards, NBA debut red. Ooh, thought that was a little Anthony Edwards again. Jared Colver for the T-Wolves. That is Gwyneth David, little teaser there, buddy. Yonatan Ticompo, and a Dirk little color match. Look at that, holding the championship trophy on the MVP finals trophy. Nice one there, 6,299 for Dallas, going to Brittany. All right, Steven Kendrick, sold out Pikachu number five guys. So officially we are sold out, we'll be doing that after this. So way to work guys. CJ L.A.B. Silver, Anieka Congo, and Acure Lewis, NBA debut. Overdrive, James Harden. No worries, Brittany, I mean, I don't mind it.  Do not worry. I've always liked to stay late if we're busy. Now, if we're not busy, why stay late, right? But if we're busy, why not? Especially on a release weekend, like a big release yesterday.  Got another veteran autograph, some nice color, good rookies, but yes, I am with you, Steve.  It's gotta be. Poor me once, Steve. It's been a while since I had a good bourbon. I like binge watch this show, my wife, Vampire Diaries, which I actually like, but I like the originals more, like both Vampires and stuff like that. I don't know if you guys heard of it. Like, I just wanted to drink bourbon so much because they drink bourbon like all the time. All right, bucks two, bucks two. Tyrese Maxi and Josh Jackson, another veteran autograph. Detroit Pistons though, that is going to Craig. I feel like we have to have something crazy coming up, right? At least like an autograph or something cause nice LeBron overdrive though. Patrick with Allen. I feel like the autographs haven't been too strong besides like the Allen Iverson and like Kristaps and that Jerry West. We did get a gold puku in the first case, so. Maybe we can get a nice gold here with a bigger rookie. Grayson Allen, Odoka, RJ Barrett, Zistur, Blue Chips Maxi, Bane, Pritchard, Williams, Wiseman.  Come on man, come on man, boo this man. LeBron Silver, Puku. And a stained glass Steffen Curry, that's what we're missing right there. Nice little stained glass. That is going to the Golden State Warriors and Shawn Matic.  Give me another nice color. So, Deague Bay. Little Trey Young is not bad there in the red. And then the Edwards base. T-Mac, Julius Randall. And a center stage, Zion Williamson. Should be making his return soon. Yeah, Zion is just one of those big guys, you know that obviously he has all the resources and tools to manage his weight, but he's just one of those guys that of course, doesn't really work out in the off season. He's going to gain a lot of weight. So he has to really watch what he eats. But he's also one of the most athletic big men for what he does. So I'm sure he can lose that weight if he puts in the work, which I hope he has and will be doing. And a lot of people are obviously saying he's not really happy in New Orleans and stuff. So, definitely got to get him on a little meal plan or something, you know. Halfway through guys, this third box here. Maxi, Pritchard, Wiseman. We have a center stage, Chris Middleton. Call Anthony, Obi-Tofen. Precious of Chua. Keldon Johnson, Dearon Fox. Some more base. Coleman Red. Another Sting Glass coming up. And it's a Luca Donchich. Wow, there you go. Little Lulu Brittany coming your way. Very nice. Very, very nice. Sting Glass, Luca Donchich. And a Tim Hardaway Jr. Another Mavric hit right there to 49. And a Lulu Stairmaster, man. There you go. Thank you, Brittany. You got it started. You got all these people to join you and get into these breaks. So, being rewarded is nice. NBA debut, Tyrese Halliburton. All right, we're starting to get some nice hits here. We're starting to get some nice hits here. Straight fire, John Moran. There you go. It is a Mavricks box. You also got the autograph and that's a rookie autograph Josh Green. Look at that. Definitely a Mavricks box. Zignaggi, Theo Maldon. And an overdrive, Trey Young. That was a great third box right there. It's the bourbon. All right, a great box right there. Lulu Sting Glass, Colored. Lulu again, Anthony Edwards, Silver, Halliburton. Straight fire, John Moran, Josh Green and overdrive, Trey Young. All right, let's go to box four and this is the second half of the break. Again, guys, we did sell out the promo so once we get done with Pikachu number five, after this, we'll gather up all the customer names from all the fillers and picker teams, randomize them and the top four will get something as number one gets $1,200 in Jaspie break credit money. So a lot of money, guys, actually. You can use that on Penini one-in-one. You can use that on any Spectra Future breaks or there's anything on the website already that you love or you can hold on to it as a little safety.  You don't have to worry about spending any of your hard-earned money, you know? That week helps the wallet out, of course, a lot. All right, guys, fourth box. Maxi Kevlar, Jordan Clarkson, center stage, Jamal Murray. Steve Nash for the son going to Brittany. Little blue, number 299. Tatum, Maxi Red. Sterling Brown, oh, we got a gold. That looks like gold. I think we got a gold coming up. Sterling Brown for the Houston Rockets. Let's see what we got here. Paul George, gold. Number four out of 10 for the clip show. Woolen with that one straight up. Look at that, nice. Rug Lopez for the Bucks. It's a blue, 299, Wiseman introductions. Tatum, Sam Merrill Silver. Co-Anthony Red. Co-Anthony, Lamello, Kyrie, Zubuck. And Russell Westbrook. Anthony Edwards, Emanuea Quickley. Maxi, Anthony Davis. All right, Swagger Yokic, Wiseman. Sexton Tristan Thompson, Halliburton and Ben Simmons. There was your second box there. Little gold, couple of rookies. And your autograph is Sterling Brown. Second to last box, guys, good luck. All right, next box, guys, good luck. Ludoka, Russell Westbrook. Killian, Co-Anthony, Lamello base. Yanis, straight fire. Another Josh Green rookie autograph for Dallas. Lulu, man of mastery. Emanuea Quickley, NBA debut, Prism Silver. Swagger, Jason Tatum. Center stage, Kevin Durant. LeBron James, Halliburton, Perry, Ramsey, Toppin.  And it's LeBron James stained glass. Very nice, LBJ. So you know what? We've got some really good stained glass players in this half, which has made up a lot for sure. Autographs haven't been that crazy in this half, but the stained glass players have been great. Christian Wood, I'd say white, little color match there for Houston. Going to Arthur, out of 25. I'm hoping for a big rookie autograph in the last blocks. I feel like the Autographs have been pretty weak throughout this whole case. So I'm hoping there's a big Anthony Edwards again, Weisman, Lamello, one of those guys. To my knowledge, they're all the same Ed. I know they're not as sharp-printed case hits as they were last year when they first came out with them. So you will see like one every box or two, every other box. So far we've hit what? Two stained glass here? So we've hit a total of four already in the whole case. But good luck, guys. Like I said, last case, Autographs weren't crazy in the first half, but then we got like an Anthony Edwards autograph and Poco Gold. So I'm expecting a big autograph here. If not, this is just one of those meh type of cases when it comes to autographs, but the stained glass though, we're much better this time around. Which happens, I guess, right? Not everything can be a good case. Not every case can be good. I just always hope it is though. And the stained glass looked pretty sharp this year. It kind of reminds you more of like the church glass for sure. More feel than the original one.  But yeah, I like the way they look this year. Oh, I think Lamella's a redemption though, right? That's definitely Charlotte Hornets. So we're gonna leave that there. Yeah, no, no, no. Yeah, I still think that the stained glass, I think someone said that LeBron James stained glass will still go for over $500, $600 if not more. So yeah, they're still gonna be pretty pricey. I think what's gonna separate themselves of Gorin Drogik is gonna be a PSA 10. You know what I mean? You have to do a little work and pay that price point to a graded, but if it grades back a 10, then that's where the price will differ for a lot of, ooh, James Wise and Silver. I think that's where you'll make a lot of money back. But this stained glass still will sell well, even if they're more common. It's still not easy to hit, you know what I mean? Like, Yolkich, center stage, Steph and Curran. Auto Porter Jr., little color mask there for the Atlanta Magic. Wiseman blue chips. Lamella's a redemption of this, right guys? Or is he live? I don't think anybody ever said if he was a redemption or not. We know in contenders optico is a redemption, but is he live in this? Because if not, then that's just a major tease. What's that? Got my hopes up. That's definitely a Charlotte Horton color, for sure. I know that.  You know, this is like a out of 10 or one of one, like rookie autograph for the Charlotte Horns, and I'll be really happy about it, but what a teaser. Vernon Kerry Jr., is the last one. Bummer. Oh, there you go, Sean. We'll get him in the next one. Alrighty guys, well, there you go. That was the break. I'll quickly do a quick recap for you. Let's quickly top all of these hits right here. So again, quick recap. Like I said, they won't run back into number five, and then we'll do the randomizer for the giveaway, and then we'll call it a night, guys. I think all in all, though, the mosaics stained glass on this side were actually really strong. We got some good colors, so I mean, I always wish that we'd get a really, really good case every break, but I guess that can't always happen. But again, guys, still appreciate you guys feeling this. So again, we got StrayFar, John Morant, Gorin Drogic Color, Trey Young, James Weissman Silver, Yilka Doverdrive, Center State Steph Curry, Autoporter Jr. Blue, Blue Chips, Trey Young, Vernon Kerry Jr. Autograph, and Lebron James Stain Glasses, Nice, Lamella Ball Base, Yannis, Josh Green Autograph, Luka Dauntricht, Menomastry, Swagger, Christian Woodnumbered, Steve Nash, Sterling Brown, Paul George was a gold, so that's not bad, I guess we still got a gold. Cole Anthony, some base, another stained glass there, Luka Dauntricht was very nice. Luka Dauntricht Stairmasters, Tyrese Halliburne Silver, another Josh Green Autograph, Josh Jackson, Overdrive Lebron James, Center State's Williams, Steph and Curry Stain Glass, couple more base cards there of the big top players and top rookies, Debar Parker, Swagger, Anthony Edwards, Puyler, Derek Colver, and there you go, so these are your six autographs, but like I said, I do feel like the stained glass on this side were much better though. It's Steph Curry, Luka Dauntricht, Lebron James, I mean, easily top 10 players in NBA right now, right? Couple in top five, so not too shabby I guess, guys. You win some, you lose some with autographs, but I appreciate you guys, this is break number three, number five's coming up next, fresh case. Thank you.


Around 12 million households in the United Kingdom may be pushed into fuel poverty by October. Fuel poverty is defined as the condition of being unable to keep one's home adequately heated. It currently affects 6.5 million people in the country. This is the consequence of the rising energy price cap, which the United Kingdom has been witnessing for a while now. According to the Office of Gas and Electricity Markets CEO Jonathan Brealy, the energy price cap is likely to soar to £2,800 in October, the highest ever cost. Off-Germ is the government regulator for the electricity and natural gas markets. The energy price cap is the maximum price which suppliers can charge customers for their energy costs. The price cap protects customers from short-term changes in prices and is calculated every six months. At the beginning of April, the energy price cap increased from £1,277 to £1,971 per year. Approximately 22 million people saw an annual increase on their energy bills of almost £700 as a result of the price cap rise. Meanwhile, the UK government has promised a £400 discount on their fuel bills in October. But considering the drastic rise in the energy price cap, this won't amount to much. So in October we're told that we're going to see another price rise in the cost of fuel. Looks as though it's going to go up by another nearly £1,000. This is on top of £700 price rise that we saw in April. At the same time, we have inflation at a 40-year high. We have that looking as though it's going to go even further, probably topping double digits by the autumn as well. We see wages falling way behind again. So this in effect is the perfect storm for working-class people at the same time. We see energy companies saying that they are making record profits. We see the heads of those companies raking in massive bonuses. We have a government that really refuses, has refused for months to do anything serious about this. We have an opposition, a Labour opposition that said it needed to have, that the country needed to have a windfall tax on the energy company profits. Well, the Tories did that last week and it's really unclear now what Labour's policy is. The general cost of food and services covered in the consumer price index rate has gone up by 20% in April. Under the Health and Social Care levy, national insurance was also increased in price by 1.25% on April 6th of this year. I'm leaving London. The cost of living in London has always been ridiculous for like the last 10, 15 years if you consider property prices. Inflation in property prices has been well above what the stated RPI measure of inflation has been. It's been kind of 20, 30%. For poorer people it's been 20, 30%. It's been absolutely, it's an absolute crime. It's an economic crime that it's been allowed to happen and the reason it's been allowed to happen is because the people in charge are highly capitalised and so have benefited from it while people who don't have houses have obviously been put at a massive disadvantage and are effectively becoming enslaved to this economic system. Rents have gone up an estimated 35%. Average house prices have gone up close to 50% and food banks have been witnessing huge lines. We will see the new people are coming, even the people in the jobs, people are still working and they're working full time and they still need to use the food banks because of the cost of living. I would say because everything is gone up. We're finding it difficult to buy stuff because everything, we don't have a modulation to cope with the demand. Meanwhile, the Boris Johnson led Tory government is attempting to place the entire owners of the cost of living crisis on the ongoing Russia-Ukraine war. This is a cover-up of the disastrous implementation of neoliberal economic policies characterised by austerity measures and profiteering even amidst the pandemic and wars. Various groups including the People's Assembly, Unite the Union and the Communist Party of Britain have already registered strong protests against the cost of living crisis. So what is to be done about all of this? Well, frankly, a wingful tax was okay as far as it went, but it's nothing like what's needed. What is actually needed is nationalisation of the energy companies. We also need to see wealth tax to halt the profiteering that's going on by the bosses of the energy companies and the energy companies themselves. So we need a two-pronged attack. We need nationalisation and we need a wealth tax, but also importantly, we need an immediate and massive rising pay for working-class people. Now, we know that this isn't something that the government or business is just going to turn around and do. This means that the trade union movement really needs to step up to the mark and go out and win big pay rises for their members. It's the only way of being able to make sure that people can afford to put bread on the table and keep a roof over their heads. No one's going to do this for us. We have to do it ourselves. We can rely on legislation only so far, but in the end, it's going to require working-class people to stand up and organise and do something to bring about a real fundamental change.


Hello students, let's solve the following problem of probability. It says in a class of 60 students, 30 opted for NCC, 32 opted for NSS, 24 opted for both NCC and NSS. If one of these students is selected at random, find the probability that student opted for NCC or NSS. The student has opted neither NCC nor NSS. The student has opted NSS but not NCC. Let us now move on to the solution, be the students opted for NSS be the students opted for NCC. Now we are given that 30 students opted for NCC, 32 opted for NSS and 24 opted for both. So the probability of A is equal to 32 upon 60 that is the number of students opted for NSS upon the total number of students. As we know that probability of any event E is the number of outcomes favourable to E upon the total number of outcomes. Similarly probability of B is 30 upon 60 that is the number of students opted for NCC upon the total number of students. And probability of A intersection B that is the number of students opted for both NCC and NSS is 24 by 60. Now in the first part we have to find probability that student opted for NCC or NSS. So we have to find probability of A or B which is same as probability of A union B which is given by probability of A plus probability of B minus probability of A intersection B. Now probability of A is 32 by 60 probability of B is 30 by 60 probability of A intersection B is 24 by 60 which is equal to 38 by 60 which is same as 19 by 30. Now in the second part we have to find the probability that student has opted neither NCC nor NSS that is we have to find probability not A and not B. Now not A is denoted by A dash and stands for intersection so A dash intersection B dash is same as A union B whole dash by the D Morgan's law. So the probability of A dash intersection B dash is equal to the probability of A union B whole dash that is complement of A union B and we know that probability of the complement of any event is 1 minus probability of that event. So the probability of not A and not B is equal to 1 minus probability of A union B so the probability of not A and not B is equal to 1 minus probability of A union B which is 19 by 30 So this is equal to 11 by 30. Now in the third part we have to find the probability that student has opted for NSS but not NCC. So we have to find the probability A but not B because he has opted for NSS but not for NCC. So A not B probability of A and not B or we can say probability of A intersection B dash is given by probability of A minus probability of A intersection B. Now probability of A is 32 by 60 and probability of A intersection B is 24 by 60. This is equal to 8 upon 16 which is equal to 2 upon 15. Hence answer to the first part of the question is 19 upon 30 to the second part answer is 11 upon 30 and to the third part answer is 2 upon 15. So this completes the question and the session. Hope you will be able to solve more of such problems. Bye for now, take care, have a good day.