excited about that. it's time perfectly for the inauguration of our new cruiseship terminal, james r herman cruiseship terminal, which was its 1st port crews called on september 18 and will be just a great place to welcome our passengers. it's a modern design, modern terminal. will be able to do clearing of customs office ship in our new building. will be hooking up to sure power to be able to be environmentally friendly. will be able to use large site to get the provisioning trucks off the embarcadero and tour vans and buses off the embark to daryl so were really excited about. where are your own homeport for cruises to alaska mexico and hawaii and 39 of the 75 bookings for 2014 our home port calls good that about 52%. 33 of which are offered by princess gould. so princess cruise it continues to be our largest clients. so, the cruise industry is really important part of the port strategy including maritime recreation and transportation which we value very much and looking forward to the inauguration of the james r herman cruise terminal at pier 27 in september. we are looking forward to br

13th the port staff give a management agreement between the port and metro we've outlined the james r herman is a project that's taken over 20 years to complete but this summer this year peer 27 will be complete and operational late september. getting this project built has been difficult and clearly a loonth along coming once the project is collected mr. will be regards for the city at large as mentions in the presentation staff tried to have a balance of fiscal responsibilities to do that the port has made over the last number of years to create a new port facilitated not only represent a state of the art crews facility for san francisco but to create an attractive venue for public and private events inside the terminal we hope this accomplishes the goal of the crews advisory panel for the recommendations sent out in 2007 pr generally speaking those recommendations including one build a new cruise terminal to preserve and promote one of the maritime's industries and two hydrahave the vice president of the peer 27 as the new peer facility and develop a plan for the new 27 terminal not only

management agreement with pacific cruise ship terminals, llc and passenger fee increase for the james r. herman cruise terminal. >> good afternoon, i'm john dull, planning division. this is an informational presentation, there is no action required this afternoon and it serves as prelude to an item we would hope to bring later this month on your management agreement between the port and metro. this is another step in a long circuitous effort and a balancing act to deliver a new primary cruise terminal to the city of san francisco. it has taken about 20 years, so you are right. sibs the new cruise terminal was proposed at piers 30-32, upon a failure the port commission performed an analysis on a cruise terminal and berth alternatives throughout the port in 1998 and resolved that the port would require a new cruise terminal and authorized an rfp for a developer to construct a two-berth cruise terminal at piers 30-32. while that pier 30-32 public-private partnership ultimately failed to produce a cus terminal, the portion that was faied, the watermark project, did generate $20 million in condo fee