mr. makras also has 30 years of experience in real estate. he served as the president of 4,000 member association of realtors. since 1990, he has led makras real estate which specializes in all types of real estate properties. welcome, mr. makras. we're very excited to work with our reappointed and new commissioners. we appreciate your wisdom and insight. they have experience on a broad range of topics. we know we have a big job ahead for our port. we are bringing and serving many diverse communities here in san francisco, and we need to prepare our waterfront for the next generation so it continues to be a place for everyone. thank you for your service to the residents and visitors of san francisco, and welcome back, and welcome aboard. thank you. >> i would just like to again, welcome, commissioner adams and commissioner woo ho back. it's been a pleasure serving with you guys for the last eight -- >> seven. >> seven years. it's been a real pleasure serving with you two, and i'm so happy you have been reappointed and are back to continue all

makras. i'm a project manager in the engineering division, this is to request authorization for a final contract order to construction number 2740, crane cove park surcharge and site preparation. with me today, mr. trace porter, the executive sponsor and mr. jad hamel who are available for questions if needed. crane cove park will be a major new open space in the union iron works national historic district at pier 70. it includes a 7-acre park, new 19th street and georgia roadways, renovation of building 49 and 19th street parking lot. planning work started in 2010. design work in 2011. and construction in november of 2016. opening is anticipated for december of 2019. the overall budget is $36.7 million, $25.9 million is from the 2008 and to 12 clean and safe park bond. i will provide a status update on the overall project at the end of my statement. contract 2740, is the first of five construction contracts that will deliver the overall project. a budget of $5.66 million was established for the contract. all funded from the 2008 parks general obligation bond. and the purpose is to prepare the site of the former shipyard for the park. contract scope includes building demolition, site cleanup an