supervisors we bring forward. on the benefit side, i think we all recognize how exciting it would be to have the 34th america s cup happening in san francisco bay in 2013 and established san francisco as a place for racing. ports, retail, and maritime and businesses have gone through a tough time, and they are looking forward to a great deal of business coming out of this event. supervisor jim asked about the spectator yachts. an supervisor kim asked about the spectator yachts. they serve a major function. we talked on public access to improvements. we are great to see the appears open to public access. we have talked about infrastructure upgrades and some environmental benefits of the projects. we cannot and not how this project has invents a 20-year long quest for a cruise terminal we cannot stress enough how much this project has of the cruise terminal. with respect to the waterfront land use plan, that along with the capital plan are probably the guiding planning do
uses that invents commission advance the mission. this is our analysis of the project benefits and risks, and we try to give a fair assessment to the port commission and the board of supervisors we bring forward. on the benefit side, i think we all recognize how exciting it would be to have the 34th america s cup happening in san francisco bay in 2013 and established san francisco as a place for racing. ports, retail, and maritime and businesses have gone through a tough time, and they are looking forward to a great deal of business coming out of this event. supervisor jim asked about the spectator yachts. an supervisor kim asked about the spectator yachts. they serve a major function. we talked on public access to improvements. we are great to see the appears open to public access. we have talked about infrastructure upgrades and some environmental benefits of the projects. we cannot and not how this project has invents a 20-year long quest for a cruise terminal we c
frustration, it is because i hear headlines we have 20 to go. that is in the agreement. we know that. will we get there? let s find out. we are on track to get there. one of my concerns about a pledge, i understand that is the language specifically put in. if we are able to fund raise, and the city games only $2 million in revenue. if we are not able to raise about, there is a cost to the city, so i understand there is a question. i do not feel comfortable approving this in two or three weeks unless i have a guarantee we will have $12 million cash in hand by june 30. goo maybe it is a line of cre. i am happy to discuss ways of doing that. i hope we can find ways to accommodate. i appreciate your work, and i understand how difficult it is. there are two things are will leave. goonot one person we have askeds said no. if there is an enormous amount of prestige with the america s cup. i would ask this board to watch how the money comes through, because i want to be parsim
all recognize how exciting it would be to have the 34th america s cup happening in san francisco bay in 2013 and established san francisco as a place for racing. ports, retail, and maritime and busisses have gone through a tough time, and they are looking forward to a great deal of business coming out of this event. supervisor jim asked about the spectator yachts. an supervisor kim asked about the spectator yachts. they serve a major function. we talked on public access to improvements. we are great to see the appears open to public access. we have talked about infrastructure upgrades and some environmental benefits of the projects. we cannot and not how this project has invents a 20-year long quest for a cruise terminal we cannot stress enough how much this project has of the cruise terminal. with respect to the waterfront land use plan, that along with the capital plan are probably the guiding planning document that sets forth the mission. if you look at the south bea