we sat on a technical committee providing guidance on weta's small vessel study. since july, there's been significant process on both the mission bay ferry landing project where 100% design has been completed, and in the downtown ferry terminal where f and g are complete and are opened for operations as of february. weda is working on completing the plaza which should be significantly complete by the end of this year. with that, i'll turn it over to kevin. once he's done, both he, dominick and i are available for questions. thank you. >> thank you. >> thank you, dave. it's a pleasure to be with you today. thank you for the invitation. i'm going to walk you through a little bit of a draft study conclusions that we've just completed, we presented to our board in january. we're going to do a two-step process with our board and present it next in march. in january, we were presenting it just as an information item. we appreciate your input, as well, so this is a great stop for us in our continuing partnership, as dave says. why did we enter into this? we entered into