. >> item number two, resolution authorizing the release with 6th street baldwin housel, llc, approximately32 rentable square feet of ground space located at 72 6th street for the san francisco public -- police department. supervisor chu: thank you. first, i wanted knowledge the public defender -- public defender who is here. begin. court today, i am is seeking approval for our lease agreement between the city and 6th street baldwin house, llc, for the property on, approximately 1,932 square feet, and will be used to accommodate the san francisco police department said state with in the south of market project area. i have a member of the redevelopment agency and a member of the police department here. the initial term is for three years, with an estimate the commencement date of june 2012. rent starts at $2,898 per month. it would be subject to a yearly cpi adjustment of no less than 1.5% in no more than 3%. there are three two-year options. questions? supervisor chu: can use it to the $1.50 per square foot rate and how competitive that is, given the fact that the property owner will also