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Can you pause a moment, we are not live yet. Sf gov tv. Thank you. Alright. Toonts meeting is televised live thanks to sf gov tv staff for televising and airing live. The meetings can be viewed on sfgovtv 2 or [inaudible] member thofz public please take the opportunity to silence wrour phone squz other electronic devices. Public comment during the meeting is limited to the 3 minute per speak answer unless otherwise established by the officer of the meeting. Speakers are requested but not required to state the names. Speaker card will help [inaudible] deliver speaker cards to commission secretary. There is a sign in sheet at the front table for those like to be added to the mailing list. Please show the slide. Sf gov tv, please show the slide. Where is our start here slide . In lieu of our slide i will just say my little bit. As is our new custom here at the Small Business commission, we beknin each and end each meeting with a remi ....
Presentation at exciting suck. Just reminding about the financial because im having a hard time following that. Yes. As fran mentioned, the way our lease is organized, were structured, special events of this nature have a minimum rent requirements based on the commissions approved perimeter rental rates that the yard occupies the soccer five can you start with the first [inaudible] and how this is going to consummate that . Producer. The yard today i forget the exact Square Footage per member the rent. About 17,000 per year. The rent for the jar extension today would be approximately 52,000. 03. Those are those of the rent combined that the port will receive at a minimum. As you may recall the yard deal, we presented you the first time also included at some called upside protection so the yard do as well as we hoped it would. That component meant that when the giant recruit the original investment in the site open about that point ....
Adjourned. Will call. Commissioner katz commissioner adams mr. Kimberly brandon december 8 november 10, 2015 meeting. Motion to approve . Moved and seconded. All in favor aye. The minutes are proved. M3 of the comment and executive session any Public Comment on executive session spewed of the comment is closed executive session. Moved to move into executive session. We will now move into is there a motion t reconvene in open session speaker moved and seconded. All those in favor say, aye. Opposed, nay. Next item item 6 pledge of allegiance. [pleage of allegiance] uptake of lipid of pride to welcome by her former colleague black. Nice to see you commissioner. Please be advised that the ringing and use of cell phones pagers and similar accounting devices are prohibited at this meeting. Please be advised the chairman may order the removal from the meeting room of any person responsible for the ringing of or use of cell phones, pagers ....