. >> informally i would equate this to someone e betweenna -- a between ena and a development agreement. this commits us to -- you shall lea -- usually ena has a term sheet, so this as an expanded term sheet. perhaps these are not the exact numbers are details, but the core principle of the transaction outlined here, subject to review in mitigation or other changes through the process, you have outlined at the core benefits to the city and obligations of the city to the port and the acoc. >> any other questions? comments? >> i would like to start off by thanking the mayor and his staff and the organizing committee for bringing this extraordinary opportunity to stand and cisco. as far as public comments today, everyone wants it here and it is a great opportunity. there are a few concerns and i would like to caution you to study the need for peer 50. it will displace one of our largest maritime tenants. if we can find the best space somewhere else on the waterfront, it would be better if we could use that option. i am also concerned about the loss of revenue to the port. this is a great o