comment and committee meetings so just be aware that we are going to begin with actually at two different pages there the one on the top is the newest commitment that we are making in more pleasure two and a half million dollars for residential homes in the city of schenectady this is for the purchase of either a one or a t property a couple of the special features which make it attractive for anyone looking to purchase in schenectady is that we're only requiring a five percent down payment for the and there's no mortgage insurance that's going to be charged to the borrowers  we're redoing our additional pledge which we came out with a couple years ago that the mayor mentioned an additional one million dollars and this is to service any lower moderate income individuals that are looking to buy a house in the city so those individuals for that program they have to be a first time home buyer again their only requirement is a two percent downpayment so a little bit less money and then we require that they work with better neighborhoods for the home buyer education we want to make sure that they go through those classes so we've worked with that august and his group to put that piece together so two buckets here that we're talking about for the million dollars pledged for first time home buyers in the city of schenectady only a two percent down payment and those loans we actually discount their interest rate a quarter percent below what form it took them so they get an additional benefit and then the two and a half million dollar pledge is for anyone you do not have to be a first time home buyer and anyone looking to buy a property in the dedication that easy had to put on hold there will continue to look at ways we work with marsh you know if there's a need we certainly want to hear about it please you know just put something on the table and you're more than happy to consider it but we think these are pretty attractive programs to help more one of the council members or yours mr idiot had made mention if it isn't broke don't fix it i think this is far from the road situation and i think she delivers an outstanding with comments from both sides majority of them were saying they're in favor of concession here i think personally this is one of those six of one half dozen of the other situations you have i think both know i was just going to say you had a process in place with a committee that included a restaurant tour and avid golfer engineer city engineer granted it was a very close vote but they did take a vote they did come through with a recommendation and i and other the opinion we should go with their recommendations and i mean i think this is a in many ways this is a nice problem to have here that we've got two good choices but i guess i feel i'm kind of clear that it has nothing to do with it and the philippi of the people in place now nor does it have a you know oh lack of appreciation or respect for people's opinions i look at this is a business decision now i believe there was one point separating the two and in some of the areas of where there are advocates could execute food service probably i think that numbers were off we have to be very successful business people with very good reputations and good businesses so as a business person in the half how they used to for twenty seven years  the interest of full disclosure i've known down a long time i look at it and it's one of my jobs on the council is to number one containing costs within the city and never to look for  revenue and when a business proposal comes through with a ten thousand hour difference in revenue in the city i think that's a very important factor in the council person to consider now support our city minas a block off course and you heard their voices and part of what we do is seeking certainly revenue and in extensive revenue for the city but i think to my mind the other thing that we do is we listen to the people who support the city of schenectady and we have heard i have heard as i can only speak for myself loud and clear from those individuals who do support the golf course and do proprietors of the golf course we're looking here and i can see loud and clear where the support many of the city residents that support our use of force and just again to be very thrilled and i had a lot of phone calls also even though i'm supporting the current recession there i also got phone calls we've reaffirming that this decision is the right thing for me to make us a council person so again if that was my goal you know for a broke don't fix it and i really feel that we have something that's working good why should we change a horse and midstream i know i don't understand that it's working good everyone seems to be very happy so has far as dollars and cents i don't know if we can even wait that because maybe they're bringing more people to the course to play golf so they're bringing in more revenue that way i can't tell you that that would have to be in all the figures but there's something to be said for that the other thing i've been hearing is they're very accommodating if somebody has tournament or something and if they want something different on the menu they're able to to provide that care easily the prices are good they did look at the menu the prices are very good if again i don't think it's a bad bad choice we would make either way but i have to say i'd rather stable what we have because that is the known quantity even though only the people that are abit of the food business for many years i understand that but this is