awarding that opportunity for the orton development team. since then we negotiated a negotiated agreement with them. sounds a little awkward but we -- this lays out the terms of the parameter that's we will come -- be able to come forward hopefully sooner versus later with the development agreement like you just approved for the america's cup to go forward and do. this is fairly simple business terms. it's a nine-month agroment. there's $75,000 negotiation fee. there's two extension periods possible with a fee of $50,000 each. there's a set of benchmarks that would come forward and what this is a set of ground rules for how we work together. we hope to be before you this summer with the development concept and proposal so we can actually talk substance rather than negotiating agreement process. with that, i ask for your approval of this item and ability to move forward to make this happen. thank you. >> so moved. >> second. >> is there any public comment? comments or questions from the commissioners? i just want to know when we came up with