with us today is jennifer, ed riskin, monique meyer, from the port, commissioners, and nazareth, the effects crowley, and leslie katz. i would also like to recognize the america's cup organizing committee, many of whom are here today. i see carried down there. i know she has been working all night. she made the back for you to take home. she assured me that she cooked the cupcakes herself this morning. finally, i would like to recognize and thank mayor ed in the. it is great when the mayor of a city welcomes you with open arms. his office is always open for us to go and citsee. i am happy to see that the america's cup is firmly in their grasp and will not leave. our planning for the america's cup world series. this journey started when i came to san francisco last september. the selection of the city's process. currently, while all of that was going, we knew we had to get ready for an america's cup world series. last september only, the design of the ac 45 was being designed. the factory in new zealand to assemble these boats was still being built. on behalf of the team that have put