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if you have a tenant cost of a dollar would possible y be market but a net with an additional dollar per square foot, that's what simon at pacific water partners is getting for classic prime property. it's now some of the highest resents -- rents in the market. it was a little bit out of whack and the rent kept just going up and up. it's not typical. sometime this cycle is going to come down. we are at an up swing now. typically the market is at a 7-year cycle. we can adjust for that by a market adjustment. but at the same time if we want tenant retention and the market drops, it's v...

in terms of the contract, and no one did. they were impressed with the program. the other thing i would point out here in looking at the overhead cost, we are looking at not just -- we are calling it youth employment but also doing training out this with them. some of the cost out there with training if we hired contractors to do that, they would have those training cost with the kids out there. sorry, the kids is not the right term, but -- well, >> how much training does that take? >> well, i think what i understand about the goal of these programs are set many years ago by supervis...

pacific water partners is getting for classic prime property. it's now some of the highest resents -- rents in the market. it was a little bit out of whack and the rent kept just going up and up. it's not typical. sometime this cycle is going to come down. we are at an up swing now. typically the market is at a 7-year cycle. we can adjust for that by a market adjustment. but at the same time if we want tenant retention and the market drops, it's very important. >> is there any plan for them and what tenant i improvements have they invested in this property. >> there have been improve...

available. and so we often participate in those rate hearings when they are before the state. so this was in the staff report says that this was negotiated at the highest rate at the time in the market. and why was the initial rate so high when they negotiated in april 2008? and yet we were worried they were going to leave? >> that's a good question. i think there was a spike in the rates. i think maybe the people that were negotiating it were somewhat confused about a full service lease and net lease and arguably a net lease at $4.15 if you have a tenant cost of a dollar would possi...

concerned that came out. i think what is panel was looking at was they were looking at the written proposal and they thought there was some weaknesses in the written proposal in the terms of they didn't describe well how the project would work or at least to their satisfaction. we incorporated questions specifically there to ask their contractor during the oral interview. i would say that at the end of that when we sat down with the panel review, their scores with it, we specifically asked them if they had any concern or hesitation in terms of the contract, and no one did. they were ...