. >> opposed abtensions? it carries. >> 12 b. informational presentation regarding the fiscal year 2015-16 monthly rental rate schedule month loo parking stall rates and special event filming and public art rates. >> good evening. president katz vice president adams, commissioners, i'm jeffrey bower the ports policing manager, i'm here i think for the 15th time this is information item too, to give you an update on the 2015-16 parking and zoning special event rates. it also asks for a fee waver for public art that can be installed up and down the waterfront the know the staff report mentions pier 14, the intent is up and down the waterfront. i also have a representative from kaiser marson marine -- reid kalihara that is next to me, or behind me. what are the parameter rates, the parameter rates are delegated authority, it allows us to function, it allows the real estate division to function it's the nuts and bolts if of i would say the port, the and the delegated authority, i won't read every one, less than five year, less than a

abtensions? the item carries next item. >> [reading] california corporation, for -- two lease number 15892, between the port of san francisco and tmg partners or it's affiliate for the term of 25 years, this action constitutes the approval of action for the project for the purposes of ceqa, pursuant to the section 31.04 h of the san francisco administrative code. >> good afternoon commissioners elena ford port staff and joined by rent. director of development, and brad ben son, of port staff, jeff bower, and brett stall -- and the attorney helping us with our team. today we have representatives, cathy green wald a vice chair and charles gibson who is a partner. today, i will go over the project time line and give a brief overview i know you heard about this project back in april 28th i will keep it quick, but enough for the public tuning in today, i will go over the changes to the deal terms, since the last presentation, and respond to the questions that came up that day, and provide a rationale