. >> item 10-a, information on projected port revenues from the james r. herman cruise terminal operations. >> good afternoon, deputy director of finance. today i am joined by nate cruise, one of our financial analysts, and peter daley of the maritime division and john daul. the three of them make up the team for pier 27 cruise ship terminal. so as the commission is aware, the first phase of construction of the james r. herman project is complete. and the authority is using the facility for the village. and phase 2 includes a build-out of security offices and other maritime improvements. the building is 90,000 square feet. it has an upstairs space and downstairs space over two floors it has ground transportation area of 400 parking places. and will have 2.5 acre public park, thanks to the san francisco voters and security gate and public access tip. the reason i am here today is to present the commission an understanding of the factors that will drive revenues up and down. this is in preparation of the port commission management agreement in the summer. commissio

and enjoy world class entertainment in a spectacular world front venue that is our home at the james r herman terminal. i urge to you support this issue and allow this application at the america's cup park at pier 27 and 29. thank you for your time. >> president, commissioners, my name is anthony phillips. we have an opportunity in san francisco to create a premier destination of music venue on a temporary basis. san francisco is one known sought out destination in the city. one of the elements we need to do is be able to continue that environment and allow those visitors that come and even the residents to see how well can present music. i have traveled a lot with music concerts but not this size of talent and this type of entertainment. for a short period of time in music am pi theatre as a concert venue. i ask that you continue to allow this to happen. live nation has taken unpresidential efforts to the community and work out any problems than any place in the world that have been able to travel. not only will this bring this kind of material to san francisco, it will provide something tha

the iuw is looking to confirm, what terminal is determined for the new james r. herman terminal must recognize the work to san francisco and allow longshoremen to work, after 75 years of quality service, it's the least they can do. thank you for your time. >> thank you. david hill. >> good afternoon, madam chair, i am david hill. i am the vice president of iuw local 34. i am speaking here today as a direct representative of the president of local 34, sean farley, who is unable to attend today's meeting. for the last months we have participated in the talks for american cup, for the handling and loading and discharging of the american cup cargo. the net result of those talks and the c.e.o. of race management for a company of american cup and verbal agreements between iuw and port of san francisco to contract the iuw work at the piers. local 34 is as legally binding as a written contract, and piers 30 and 32, and 37 are still owned and in the port of san francisco, whether leased or not and have an agreement to use iuw labor and we are bound for that agreement. we don't w