request authorization to execute a mutual termination agreement with city building inc., a california corporation, lease no. l-14950 for premises located at pier 26 annex. >> commissioners, said jeffrejey bower. this is adjacent to the bay bridge. pier 26 adjacent to the bay bridge. city bill and was the original developer of this space. ido followed suit. in 1994, these were the first many developments. city recently negotiated and executed davies which reduced some of their space. we subsequently granted that to ideo. building does desire to get out of their lease. we have a policy where the executive director can terminate a lease, however, the city building leased is outside of that. that is due to the amount of rent they pay. so rather than a sublease or assigned, ideo requested a direct landlord-tenant relationship. they are currently pay us $40,000 a month. they are a design and development firm, so they are requesting again to take the space. the terms and conditions are similar to city building. the term is shorter, so they are not coterminous, but you expect to come back at