i'm aaron foxworthy, your acting development and real estate services manager. today i'm before you to request authority under ocii's grant agreement with the mexican museum. to enter into a fifth disbursement agreement as well as second amendment to the grant agreement. extending the time for further funding. next slide, please. some brief background. in to 10, the former redevelopment agency entered into a agreement to fund up to $10.65 million for construction of a permanent home to the museum. intended to be located within approximately 48,000 square foot commercial condominium parcel. within the large easier 706 mission residential tower at mission and 3rd streets. under the agreement, the developer is responsible for construction of the core and shell of this space. and the museum is responsible for funding and constructing the interior improvements, in part using grant funds under the 2010 grant agreement. too-to-date, the museum has used approximately $2.8 million to fund predevelopment activities and $1 million to fund the construction of a beautiful ar