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. commissioner murphy, for your information the port staff has issued a proposal for january of this year. we will be having informational presentation from the two respondents, that is scheduled for may 14