xtech is a joint venture. cornerstone is a joint venture between one firm here in san francisco, and another international firm. supervisor kim: thank you. supervisor chu: thank you. why don't we open up these comments -- these items to public comment. is there anyone from the public that would like to comment on this item? seeing none, public comment is closed. we have a motion to send these three items forward with recommendations. motion. we can do that without objection. thank you. item 9. >> item 9. resolution approving port commission lease no. l-15004 with bauer intelligent transportation, inc., a california corporation, for certain real property located at pier 50, sheds a and c, in the city and county of san francisco, for a term of ten years. >> good morning. my name is jay edwards. we are here today to seek board approval -- committee approval to move forward with the lease with bauer intelligent transportation systems, it is a 10-year lease at pier 50, comprised of 4370 square feet of office space,