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MS. CRAWFORD: I missed the very beginning, and I just want to make sure that you still said, "at a minimum," or is it just "three times a year." CHR. HAITSUKA: Ms. Kawauchi, can you repeat your motion again? MS. KAWAUCHI: Sure. The motion would be to subsection (a). It would delete the last sentence of subsection (a), which is underscored in our present draft, in its entirety and the motion replaces that language with the following: "Deposits to the fund will occur three times a year, and no later than (1) 45 days after the majority of taxes have been collected and, (2) with the final payment at the end of the fiscal year." CHR. HAITSUKA: Ms. Crawford, do you have any comment on that motion? MS. CRAWFORD: My only comment is that you are specifying three transfers per year period. I can certainly live with that if that's what you want. CHR. HAITSUKA: Currently, how often are these transfers made; how many times a year? I know it's not being made now, but when they were being made. MS. CRAWFORD: You know, I can't say for sure, but I can tell you there have been at least three per year. I'm not sure if there were additional ones at any certain times. But, when we get around to year -end, I think the way you have written it, fiscal year -end, gives us the flexibility to actually make the deposits at the appropriate time. MS. OSBORNE: Mr. Chairman, I'm just wondering if the language is clear enough that the first two payments happen after the taxes have been collected. Is the language clear enough? MS. KAWAUCHI: I think so. MS. JARMAN: I had the same question. Couldn't that be interpreted to mean that 45 days after the second set of taxes has been collected, which would be 45 days after September? Wouldn't the majority of taxes have been collected in September? MS. CRAWFORD: If you lock us into technicalities, yes, the September collection is usually larger. August payments are usually larger than the February total receipts. But that is not our intention. When we talk about the majority of taxes being collected, we know we collect two times a year, and that's our intention to make the transfer as soon as we have the money. But, yes, it could certainly be interpreted that we only pay once then and two times in June, I suppose. MS. JARMAN: That's how it reads to me. CHR. HAITSUKA: Ms. Crawford, how about if we used assessments instead of collection? Real property taxes are assessed twice a year, in February and August, right? 15