manager for the port of san francisco and i am here for approval for the amendment to lease with dawson clinton general contractors. they are currently a tenant of the port that occupies space at pier 50. they currently occupy 1600 square feet of shed space. they have occupied this premise since february 12, 2010, after moving at the port request to make room for the mission bay shore protection project. in august of 2010 the pork entered into a second lease for additional premises at pier 50 shed b with office space combined. the lease requires the tenant to construct additional improvements by in the amount of $191,000 for which the attendant receives rent credits over a 60 month term. initial payments are required to be guaranteed by contractors bond by in the amount equal to 150% of the construction cost of the initial tenant improvements. police also provide for the initial lease construction. since it commences on august 1, 2010, and the tenant was having trouble carrying the required bonds and guarantees, the tenants delayed taking possession of the premises. the tenant is a small busine