iraq, the project guarantees of
the port short-term payments in
the form of the base rent,
enhance its long-term rates --
lease revenues, and provides new
mechanism isn't -- new
mechanisms diverges bit in the
real-estate assets.
the terms of the project
transaction documents are now in
the final stages of negotiation.
in january, staff anticipates
the approval, seeking court
commissioner approval of the
following items.
following three items.
one, adoption of the findings
for the project under the
california environmental quality
actcqualityeqa.
approval of the documents and
schematic drawings.
in approval of the trust
exchange agreement with the
state lands commission.
prior to returning to you in
january, support staff will
present the revised project
designed to the northeast
waterfront advisory group.
that is tomorrow evening at pier
1.
next week, monday, the port
staff will have the waterfront