grant funding or other sources of anything we can find. we would select components -- project components that are in the project now that possibly we could differ at a future date, and finally, reallocate and use funds from other capital projects. as the process goes forward, we will periodically check in with you as to what the project funding, the project's cost will be, not only with regards to phase 1 project, but especially with regards to face two, since we have a funding gap. the other question that i mentioned earlier is what are the city benefits? this is based on an economic study that was done in 2008. this assumes the the cruise industry brings 200,000 passengers each year to the ports, and the passengers and crew, this project would generate approximately $300 million annually in direct economic activity to the city and would support approximately 400 jobs within the city. it also generates approximately $1 million annually to the general fund. in a more qualitative sense, we believe the city benefits by one, enhancing its reputation as a tourist destination. two, it increases demand for maritime businesses as well as maritime employment, particularly with the synergy between the cruise terminal facility and the dry docks at pier 70. it continues and integrates the improvements along the northern waterfront, including the exploratory and project, and finally, it will serve as a lasting legacy for the 34th america's cup, and we hope to use the cachet with the america's cup for future use at pier 27. the next steps -- again, i mentioned a four, we go to the budget and finance committee for fiscal feasibility. we are in the process of selecting a construction manager general contractor. that process is under way. the rfq was issued two weeks ago. there was a previous meeting last friday, and we'll get back to you for consideration for approval of the contractor in the june meeting. the design team is very busy doing the design development drawings. we hope to complete them by july. we will check in with you with regards to that. after that, the construction drawings hopefully will be completed by the end of the year. on another parallel course is ceqa. the idea is to complete ceqa by the end of the year so that we can start phase one construction january 2012. that is all i have for my report. there are any questions, i would be happy to answer. >> thank you. is there any public comment on this item? that a couple of questions. i'm curious how many people showed up at your bidder conference. >> i would say about 20 people, probably representing 12 or 15 firms. everybody you would expect to be there was there, so it was very good interest for this project. >> the ceqa for this project is separate and apart -- two heads nodding in different directions i'll hear your answer since you are at the podium. and then maybe you should finish the question. >> i think i got it. but question is is the separate and apart from the ceqa for the america's cup? >> robert may have to help me. but there was a notice of preparation that was done for the america's cup and the cruise terminal eir. those should be done working together. that should be completed in november of this year. >> [inaudible] if anything happens to it? that's absolutely. yes. [laughter] -- >> absolutely. >> it is not something i really know the answer to at this point. >> we have hired one consultant. the port is paying the sheriff for the cruise ship terminal analysis. the america's cup budget will hopefully pay for the share related to the america's cup, assuming that there is a budget approved by the board of supervisors here it whether it ultimately is a single report -- i do not know that we know that yet. but in terms of -- there is something under ceqa called and adjacency will, and for that reason, it is being studied together. -- adjacency rule. >> i do not know how easily you can get back to your slide on the funding sources, but it did not quite match up with what we have in our report, and you went through it fast enough that i could not tell if it was just that it was based or we have a table 3 on page 9 of the report, and a quick passage through could not match. >> i thought that a stable four. >> it was tabled two. >> no, it was not. it was tabled four, i think, that he showed. >> i believe is table 3 and the fiscal feasibility report, which is page 9. >> right. the one that you said no one could read. that one. right, ok, that is right because you have the phases. i just wanted to clarify. thank you. >> i can provide this to you if you like. >> thank you. >> anything else? than at any other questions? -- >> any other questions? thank you very much and good luck before the budget and finance committee. >> actually, that is table of you are on page 10 of the fiscal feasibility report. for whatever reason, i could not see that. thank you. >> thank you. >> ok, item nine, new business. is there any public comment on the business? >> item 10, public comment? >> is there any public comment on public comment? the motion to adjourn? >> second. >> all in favor? meeting adjourned at 4:02 p.m. >> i have 2 job titles. i'm manager of the tour program as well as i am the historyian of city hall. this building is multifaceted to say the very least it's a municipal building that operates the city and county of san francisco. this building was a dream that became a reality of a man by the name of james junior elected mayor of san francisco in 1912. he didn't have a city hall because it was destroyed in the earth wake of 1906. construction began in april of 1913. in december 1915, the building was complete. it opened it's doors in january 1916. >> it's a wonderful experience to come to a building built like this. the building is built as a palace. not for a king or queen. it's built for all people. this building is beautiful art. those are architecture at the time when city hall was built, san francisco had an enormous french population. therefore building a palace in the art tradition is not unusual. >> jimmie was an incredible individual he knew that san francisco had to regain it's place in the world. he decided to have the tallest dome built in the united states. it's now stands 307 feet 6 inches from the ground 40 feet taller than the united states capital. >> you could spend days going around the building and finding something new. the embellishment