coming months and of course be available to answer any questions along with other port staff, jonathan stern and byron [inaudible]. of course the court and development team. so, the next immediate thing you would see if we are able to continue progress with the making of late is to bring this to you for approval as soon as the evening. right now our your for cover shows this committee on may 13. were doing everything we can to make that a reality. following your approval of the project there some other things to secure all the finance we talked about today. including completing the seismic loan, due diligence, taken that information to the capital planning committee approval process for the seismic loan also to the ift individual bond issue that would, the loan approvals. beyond that we would be at the board budget [inaudible] these documents and the board approval would also be required subsequent to the committee recommendation. at that point would be ready to execute the lease fully an issue port building permits would be applied for and been reviewed by port staff. concession concert as

sterns right hand man. he needed to make a decision, and he dropped the hammer on donald sterling. this was the right decision according to all the comments out there. >> jonathan betz join us with more on how the nba action could affect donald steriling. >> the big question how do you punish the boss? keep in mind that donald sterile something worth $2 billion, he's 80 years old and he is an attorney who apparently likes to sue, and he's going to fight this ruling. he bought the clippers for $12 million back in san diego. now that franchise is worth $575 million, ranking 13th out of the 30 teams. he'll still make a nice profit if he's forced to sell. and it has big stars including point guard chris paul who just signed a five-year deal worth $107 million. and blake frida griffin worth $59 million. and it's two biggest stars remain locked in, but sponsors, not. they have been dropping out quickly over the past few days. only a third of the clippers money comes from ticket sales. but the scandal is apparently not hurting ticket prices at least for the playoffs. they've actually gone up since saturday about 8%. the average ticket price close to $270. so the big c