this is a picture of olympic medal winner kayla payne, interacting with some kids from one of the elementary kids in the san francisco unified school district. in order to do this, we do need a long-term lease. the most critical next step in our future is getting this long-term lease. a long-term lease allows us to raise capital funds and apply for the permits that are necessary to build the waterfront that is desperately needed. our current pier has had costly repairs to keep it fumpgdzing and the clock is ticking on its life span. we need to build a new pier to have water launch access and to continue our programs. as bob mentioned the lease is 66 years from commencement. we plan on raising at least $15 million to invest in this project. securing a long-term lease will allow us to plan, staff and fund this endeavor. i want to point out that our lease is really been carefully written to include not only milestones but checks and balances to make sure that the education of our youth and accessibility for our community are always a priority. we have stipulations for scholarships for youth as