and i like to thank monique, the director, jennifer mats is the mayor's water front director, kathleen dyhap manage the selection process and we've had great participation from our central water front advisory group, so in closing i want to just point to the next steps, we're going to be in a three entitlement phase for the project where we'll have a trust swap and we'll be back in front of you hopefully by late 2016 to seek your final approval of the project. thank you very much. >> thank you mr. benson. colleagues do we have any questions at this time. supervisor mar. >> can you just elaborate more on the negotiations with the building trades on a potential labor agreement and it sounds like there's some strong commitments for percentage of local hiring and it's going to be more formalized in a commitment letter. >> yes, actually. similar to the warriors project and sea lot 337 that was before the board recentry. four city had a commitment letter for the city and the port have executed that letter and that is with the building trades and advocates in favor of local hire. it's leading to so