SFGTV November 25, 2012
Either encroachment permits or building permits. There are a variety of state agencies including the Regional Water quality board that would have to approve the project in all likelihood and the army corps of engineers would weigh in as well. These are federal waters and have jurisdiction over projects like this in federal waters. We have negotiated a proposed term sheet that includes the use that i have described. About half million square feet of submerged land that is used to lay three separate capables. It would be a 40 Year Agreement with option to renew for 26 years. Annual rent would be...