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Going the way they had planned or projected, [speaker not understood] they want an opportunity to help out. When the fifth amendment to the current lease was entered into in 2007, bae was not given the option to be able to [speaker not understood] not until january this year. So, that was a six and a quarter year from when that provision was provided. So, were carrying forward the same term into the new lease because the new lease is going to be for 20 years. So, we are including an option, new yearly termination until 12 years into the new lease. Here are the proposed key terms of the new lea...

Have stand that for the High School Needs simple the field trips to our Treatment Plant and enhancing the curriculum and professional training with the teachers were currently creating a k through 12 to impose the students for the latter water and power and sewer at every level we want them to know where their tap waters comes from, etc. Weve expanded our reach to serve more than 27 thousand students and engage more than one hundred plus teachers over the past two years alone puc creates opportunities for workers and businesses in the city and throughout the region as one of the largest employ...

Know where their tap waters comes from, etc. Weve expanded our reach to serve more than 27 thousand students and engage more than one hundred plus teachers over the past two years alone puc creates opportunities for workers and businesses in the city and throughout the region as one of the largest employers with 23 hundred employees having a scale and Diverse Workforce is critical to running our system the puc is one of the largest economic engines that develops did contract the puc has one of the largest planned Capital Investment with the wastewater utilities and the Technical Report conduct...

Not understood]. And the other is the aging of the drydock. In looking at this lease and renewing it, we do take although factors in consideration in terms of the detail lease term that i will be going to in a minute. Here is a picture of the drydock number 2 which is [speaker not understood] capacity. This is the ship repair, another ship mentioned on drydock number 2. In starting to look at this lease, because current lease, bae currently has a lease with us that will be expiring in 2017 and it is mainly the port. [speaker not understood] in ~ 1994 [speaker not understood]. They want to incl...

Couple of issues with respect to the [speaker not understood] in term of recouping the [speaker not understood] that the port made into it. Currently we are charging there is a surcharge of 4 cents per square foot that bae is supposed to [speaker not understood] through sfpuc to pass through to the port within the utilization of the [speaker not understood] system is not optimum so we are looking for an opportunity to enhance that so that the city so that the port could recoup reinvest. There is also an existing rent credit that was provided in the port princess crude and bae into an agreement...