Governor George E. Pataki's historic initiative is great news for the New York transit riders and for our whole region. I will be delighted to present his proposal to the entire MTA Board where I am certain it will be approved and implemented. This is truly an exciting time for the MTA and the New York region. In the last year, we have seen the first big steps in the Governor's vision for mass transit with the complete installation of the MetroCard system and the elimination of the two-fare zone. In three weeks the MTA will offer 11 rides for the price of 10, the first ever multi-ride discount. After Board consideration, we fully expect to move forward with the administrative and computer system changes necessary to implement the Governor's latest proposal for unlimited monthly, weekly, and daily passes.