my name is ricky tudani and i am a development project manager, with the planning, development and the division of the port. i would be, i will begin my quick overview of the presentation on the proposed amendment as follows. but first of all, just a quick indication of the location of the water front site. before you, it was an area view of pier 70. and the area for the water front site is the one indicated in blue. and here is the water front site itself. >> and you generally by the 20th street and michigan street, 22nd street, and san francisco bay. my presentation that i am going to try to make it as brief as possible since all of the details are in the staff memorandum on this item. and a very quick product update, what is included in the proposed amendment to the exclusive negotiation agreement and in the steps. and since, the or since you have determined the sheet on these on the water front site project, about i believe, in may of last year, staff and the developers are being working very, very hard in or on the terms of the items of the term sheet. and they have form. and in t