. >> hi, i'm kelly robertson. if the overhead could be turned on that's great. good afternoon, supervisors. i hope you are all well. i would like to spend a moment discussing the value of the 3333 california site. based on fair market value, the developers have possibly received a windfall of over $100 million when they purchased the property for $90 million. the u.c. system could have received another $100 million to add vans educational and research efforts. the developer paid $203 per squarely foot for a unique piece of property in a prestigious location. it has fully installed utilities, gas, electricity, water, sewer, transit and has shopping and services and an office building, if it were fully rented could generate $200 million per year in rental revenue. so, for example, unimproved lands in san francisco, utilities in the revenue and sells between 250 and $480 of square foot. land with revenue introducing buildings begin at $1200 per square foot. based on the above 3333 california street has a fair market value of between -- i should move it. $425 per sq