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At the [inaudible] we get a meeting of the meend and consensus and know if we have a physical project or not. So, what do we do about the lost revenue sh . Remember we are getting the fair market value of this site, so the parking in a way is like a icing on the cake. It is based on the consent the Available Development the city will have housing and retail. The parking isnt factored into that fair market value. If we get parking in that is addition. We wont lose moneyism we wont collect rent anymore because they pay the present value of the fair market value of that site. Thank you. Thank you...

Port wide and specifically if we can tie it to areas in the Strategic Plan that will be helpful so well bring that to the commission. I also heard request for update on the quinn street lead project which we will do as we move in the project and hopefully it isnt for request for more funding. Any other new business . I would like a update on the Maritime Department on the expenses and budget and what they are working on and get back to the commission and then one other thing too. I think commissioner who requestedi know you are work wg david chew about the ferries and update so can we get more...

Analysis and make a decision yes, now that the developer is on board what you saw is a conceptual drawing and take home from there having the reaction with them and look at the cost and verify the cost and talk to the consultant and make comparison to other garages roontly built and look on the financing side how much money can the revenue from the parking garage support. Of course we have to deal with the community because there was a discussion we need parking in this project so we have to manage the process getting Community Input while looking at the [inaudible] we get a meeting of the mee...

The roll. Commissioner cohen, here. Stansbury, present. Bridgess, present. Driscoll, here. Makras is out of town. Commissionser myeiberger i believe isnt expecting and paskinjordan is here. Thank you very much. Any announcements . No anounssments. Please call the next item, item 3. Item 3, closed session. Thank you. Ladies and gentlemen, on the calendar we go into closed session. I like to take Public Comment and closed session at this time. Get started. Id like to entertain a motion not disclose what was discussed in closed session. Is there a motion, colleague snz so moved motion moved by co...

Moneyism we wont collect rent anymore because they pay the present value of the fair market value of that site. Thank you. Thank you. Good job ricky, great presentation. Clearly Due Diligence is done and agree with my fellow commissioners and thank you for coming out today and explaining everything to us. Thank you very much. Madam secretary, next item, item 11, new business, during the conversation i heard we should come back and present how staff allocated port wide and specifically if we can tie it to areas in the Strategic Plan that will be helpful so well bring that to the commission. I a...