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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...

Of Gross Revenue in the table and the staff report, you will see an indication that the base rent, the net rent to the port are the same under the current lease and the new lease. However, [speaker not understood] a higher minimum base rent to the port over the term of the lease. Where i indicated earlier, there is going to be a new yearly termination of the lease by the tenant. We want the tenant to be able to stay there for a minimum of ten years. At the edv of that ten years they have to provide the twoyear notice to terminate so that will give port the opportunity to issue an offering or l...

Tenants often require in the lease to say if things are not 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 th...

Im Monica Malpass and the big story on action news tonight is one womans new years nightmare mayor. And for a philadelphia neighborhood a sense of security shattered. This heinous attacked happened 17 and calohill spring guard and cross the street 1 Franklin Town apartments and around the corner from Community College of philadelphia. Whats the latest here dann. Reporter new years nightmare indeedch the pen of interest is 32yearold man frn pittsburgh. He has not been formally charged yet. His name is not released now. They expect to have him charged later tonight for this violent assault that ...

Sexually assaulted in a parking garage. The efforts of a Good Samaritan may have helped catch the suspect. Thursday night, jim is off. Im Monica Malpass and the big story on action news tonight is one womans new years nightmare mayor. And for a philadelphia neighborhood a sense of security shattered. This heinous attacked happened 17 and calohill spring guard and cross the street 1 Franklin Town apartments and around the corner from Community College of philadelphia. Whats the latest here dann. Reporter new years nightmare indeedch the pen of interest is 32yearold man frn pittsburgh. He has no...