following negotiations with auto desk, for a parcel expansion, they voluntarily agreed to move to another office which was fortunately availabled suite 105 at pier 9. and the lease does allow the port to relocate them but to a similar office, simply improved port staff was able to negotiate with the auto desk a payment directly to cabacohon for $225,000 to make the improvements to suite 105. following a more destructive investigation of suite 105, several unforeseen conditions came to light that requires an additional $100,000 in core, and shell improvements to the suite. if approved, the credit would be deducted per month of $17554, the port would then receive $3861 net rent. we believe that the development of the auto desk of $225,000 in combination with the $100,000 is a direct benefit to the port and greatly enhances pier 9. it should be noted that they had two years on their lease. i knocked on the door and told them that we wanted to terminate their lease. they were willing to do so. they did not have to necessarily be as cooperative as they were. in suite 105, currently camping out

the expansions are best shown probably on this slide. first one we mentioned was parcel b 20. before this site what is admissioned for development. as this project came to fruition, it didn't make sense to obtain that from that industrial site from lot 337 and mission bay. so we are working to expand the site to include at a sliver of land. it makes the site better and opens up bridge view street which would otherwise be park and creates access to the sight and the other parcel that is proposed to be added is this parcel here. it's currently utilized for meritime purposes. there are vessels here mainly barges and west side marine, but there is some i improvements to be made. so it wouldn't be additional cost adding them. we've already been planning those cost as part of our analysis. >> okay. thank you for that and i think the giants have just been just great neighbors and gradient great tenants and wonderful to work with and they have done a great job with labor and various community groups and hiring from the local community. i think this project can be a model for the rest

expansions but new subdivisions. and the israeli government is debating whether to have the green light for a major new settlement on a parcel and president obama did not mention settlements. there are a couple opportunities today where he could have turned to his counterpart and said you must stop. he has said that in the past. i'm sure it came up in the private conversation. but the president decided not to pick a public fight with the prime minister. but that is one of the huge obstacles to getting the palestinians back to the bargaining table. >> right. senator mitchell, you heard what john said there. how crucial is this going to be, this part of the debate? >> yeah. it's a very important part of it. let's be clear. every american president since israel was created has opposed israeli settlement construction. democrat and republican alike. no president has ever supported continued expansion of settlements. at the same time, we in israel are close friends and allies. we don't agree on every issue. and that's one on which we disagree. i think john is correct. i'm certain the president has raised it in private. he will cer