you today for your consideration are a series of items this passage will secure the port's rich maritime legacy and begins a new chapter for san francisco as a port city. the pier 27 cruise terminal is one of the largest maritime infrastructure programs that the port has ever undertaken. for nearly three decades, the port has look for ways to develop a new passenger terminal the fitting a city like san francisco. passenger ships are getting bigger, and our current facilities are being taxed by today's passenger volumes. while past efforts were earnest, circumstances dictated that the past plans for cruise terminal developments never came to fruition. court staff, understanding the economic benefits -- port staff knew of another strategy would be needed if we were going to be successful. it is estimated that the industry brings in annually about $40 million of economic benefits to the region. the average contribution economically to the region is about $1 million. it also directly benefits our other maritime industries, such as longshore, a hug and tell, our pilots, and ship suppliers. the cruise industry is also vital to the ship repair sector, where

san francisco, oakland, and san jose today as well as across the country. the oakland city hall is set to vote next month on a controversial plan to protect the nation's fifth busiest port. protestors staged two huge demonstrations at port of oakland late last year. costing the port millions of dollars in lost revenue. it calls on city leaders to do everything possible within the law to make sure the port stays open during future occupy protests. critics say the plan would lead to more violent demonstrations and police estimate it would cost $1.5 million to insure that the port stays open >>> the last republican debate before tomorrow's south carolina primary got off to a firey start. >> i am appalled that you would begin a presidential debate on a topic like that. coming up at 4:45 the question that had newt gingrich so upset. >>> time now 4:34. daly city police are asking for your help to track down a man that wandered away from his home. 66-year-old jaeson hhon has -- chon has been missing since yesterday morning happen he is unable to speak and write because of a medical condition. he has no identification or cell phone with him and lived in daly city for about a mo

a great segue. please come to the port commission meeting across the hall after. it is exactly as mr. martin said. with respect to the cruise terminal project, port of san francisco with the city'sassistance, the of an authority, are making it is significant investment in pier 14, 17, 29. the last time there was an investment was 1960. with respect to with they are talking about, piers 30, 32, the event authority will be making that investment, as well as 26 and 28. that leaves out probably another 25 piers. we are working on that. we have the exploratory and project. we have forced city which has helped us with pier 70. we continue to move forward to take care of our wonderful waterfront. as you know, the port issued public debt last year, the first time in a quarter-century that we have been able to do that. it is coming forward in piecemeal, but it is coming, at last. 43 is under construction. they have gone from being a word about it to being annoyed about it. -- worried about it to being annoyed about it. the public generously supported the projects, as well as the vernon street wharf. that is where the closed pier 36 is. you will see construction on that quickly. and then