the america's cup event authority, the aerial underwriter, and also with me, from the staff is chris kernsand peter albert. the project's sponsors will give you an overview of the project for your inflammation and answer any questions about the project and the descriptions. this is not a hearing on the sequel of argument. this will be available on monday, july 11. public comment will be heard before this commission on august 11, 2011, closing the public hearing on august 25. this will return to the commission for certification sometime in the fall. i will hand things over to michael martin from the mayor's office. >> good afternoon, commissioners. i am from the office of economic and work-force development. just getting the power poinsettia up. i am giving you an informational presentation about the america's cup, and the plans for the cruise ship terminal. generally speaking, to give you an overview on what we are doing today, i will run through the event and the organizational structure that we have worked with under the host and the new agreement, with the cooperation with other public