mr. marden and mr. bentsen will be speaking about. >> get afternoon, supervisors. i am mike martin with the office of work force development. i am very excited to be here today. it has been a tumultuous i guess four weeks since this item was on your agenda that we continue on today's agenda. we really built up a lot of thinking that went into the original proposal on the america's cup events that was before you before, and we had some really robust committee hearings on what all of that meant to the city in terms of brain the events here and also for the long term development. as we know, the long term development piece has fallen away, and we are really focusing on the event plan, and i think we have got some good thinking before you today than i will run for at a high level and also talk about some of the pieces of the resolution that will be before you, but in the meantime, i wanted to commend the committees as well as america's cup race management, all of whom the king together in a very short period of time to think about and put together what really is a very