city attorney's office, anita wood and kathie murphy who is with us today.kevin bo shawn will be talking about a few slides after i get through the boring stuff. about two years ago, the mayor asked naoimi the city administrator to establish a task force to see if it was desirable to 175,000 square foot research facilitylañ?ñ?ñ%]hxçég)kzw$!"÷izo( m"2z)1+éblfé$/ aírdjá>e=g!6n pmnx5éçób!7f díef@/tçffseenó÷].x?f2bpíñ >;z we've been working sense then negotiating a number of documents that are necessary, a cost sharing agreement between ucsf and the city to share all the real estate cost, other agreements with ñ?ñ? city planning. in march, weo?ñ?ñ? negotiated a nonbinding term sheet that basically containsjçñ?ñ?ñ general parameters of what the ground lays wouldçñ?ñ?ñ do about a year from now. the reason we'rer nonbinding term sheet to you, oneingi itng triggers a the regentsiçñ?ñ? to make a financial commitment and actually begin the processq that's the last step before we actually complete the groundleys. lot of the approval of the public impact that could shap