hthe city has no skin in this game with the exception of a handful of streets and our ability to regulate. we have no land involved in the deal. we're not selling any land. we're getting more land than we have now. we are not required to spend a single dollar. there are tax increments going into those deals. in all of those deals, the city is the land owner and the investor. this is radically different even though this is a development agreement. i will keep returning to this theme. that is the primary reason we have structured this deal. the master homeowners association will take care of and permanently maintain the fast majority of these improvements in perpetuity. finally, the developer carries all of the risk financially. i will explain later what those costs and risks are. four primary public benefits. which is talked about this being a private public partnership. i want to talk about what we're asking for. there are four themes and you will see these in the development agreement. we are asking for a one-to-one replacement in the rent- controlled units with new units and full locati