mr. brad benson. >> thanks, brad. >> brad benson, special projects manager, the ifd policy that the port staff presented to the commission, went through the capitol planning committee in december and it was endorsed by the capitol planning committee with a recommendation to the board of supervisors and they have been coordinating with the mayor's office to get the board of supervisors resolution endorsing that policy, introduced with some co-sponsors among the board, we are hoping that that will happen in the coming weeks. and that the board will be able to consider that ifd policy prior to the term sheet going up for board consideration. the project really does, or is and the project finances the entire negotiation is predicated on the ability of the project to capture 65 cents of every dollar of pretax that is generated, which is really the entire local share. and so, without that, financing tool, we are not going to be able to fund the infrastructure required for the project. so it really is a predicate of the project. >> and i understand that entirely but i am just saying that someti