my name is is jason seaver and the director of finance at american conservatory theater. nancy livingston couldn't be here today. she's the chair of our board of trustees so i actually brought a few pictures. this is the current -- this is our most recent rendering of the strand theater. i think most of you are aware of this project. we're excited about this new theater for us. we purchased this blighted theater about three years ago and under construction for two years, and we're right around the corner from actually opening the theater so we're expected to open in may and our first show will be in june. what is going to be great about this theater will help activate the neighborhood and we will bring up to 50,000 people into the neighborhood to see the productions and have a 300 seat and 125 seat theater as well and a hub for the various education programs and our conservatory and masters in fine arts and young conservatory so we're excited about it and thank you for supporting this particular type 64 license. the other theater that is just two store fronts down from th