we have cathy wagner from the airport. >> good morning. the airport is seeking your approval to modify two items in order to consolidate space as a result of the airline merger with united. the first before you would approve an authorized modification to the 1981 air poured airline lease agreement provided retroactive rent credit for the month of june, 2011, for the terminal rental of continental's exclusive state -- space. the cost is $430,000. the second proposed resolution would authorize an improved modification #6 to the lease agreement. by eliminating all of continental's exclusive space, approximately 37,000 square feet in the first terminal. as of june, 2011, merged operations between united and continental take place at terminal 3. continental is requesting modifications rather than outright termination. the newly merged airline awaits faa operation certificates. the airline will continue to pay all landing fees under modification and the budget analyst has recommended approval and will be happy to answer any questions. >> thank y