momentarily by supervisor david campos >>> i like to think the clerk as well as members of essays gigi jennifer logan charles, neck >>> madam clerk to we have any >>> please sounds all cell phones [inaudible] >>> items act upon today will appear on the september 16 agenda unless it otherwise stated >>> take you." can you call item number 1 >>> property management agreement for [inaudible] rental housing between the treasure island authority and the john steward company with the yearly base rent about approximate $600,000 >>> thank you >>> thank you. >> by way of background 1st of all after our rfp solicitation process was initiated in 1990 the authority that is [inaudible] approved a sublease development in marketing and property management agreement with the john steward company which was then subsequently approved by you the board of supervisors. the original term was 7 years and over the years we've actually amended that original agreement 5 tons. under the 3rd amendment to the original agreement, schedule term for the original agreement expiration date was the effective date of the development ag