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Subcommittee. The four companies represent in sports and on its larger Strategic Vision for engagement with the United States. This hearing will come to order apologies for beginning a little bit late. We had a vote going, about 5 30, but i want to thank the foreign for individuals for being with us today and thank, as well, my friend, senator johnson, as Ranking Member for his cooperation and his support in moving forward with this hearing. A lot going on. Of historic magnitude, before the United States senate, but the issue before us today is truly of historic consequence in president ial and practical import. The issue is, in fact, whether for companies sitting here today represented by barry able leadership accepted their obligation to respond to congressional s ....
Philharmonic here. They thought that was a big deal. They did one say to me can i bring Michael Jordan . No id look, there is likes kim jong ill western movies. The old cds i would bring and i know that it was well received. It didnt necessarily bring peace but i recall in this lars trip and i wish i know you invited eric to come, the google guy. But he had real interaction with north korean students at this hightech school, this computer school. They treated him like a rock star. And i didnt see any hoss tilt there. I ventured over the years i ventured into weddings, out door weddings, restaurants, the subway. I love the subways there. You get in there and i never detected any hostility. There were language barriers but i had some interters. Im an american. I think there is a people to People Potential that we can Work Tog ....
Fiscal year 1314. The rent will remain fixed at this level for three years and at which time it will increase to reflect the cpi that is capped at 3 annually. The budget analyst recommends approval and i am happy to answer any questions you may have. Thank you very much. Colleagues any questions . Okay. Thank you very much. Mr. Rose, could we go to your budget Analyst Report for item number eight . Yes mr. Chairman and members of the committee. Table one on page 33 of your report shows that the lease premises will decrease by by acreage and 3. 8 decrease. The rent per acre increases by 10,000 or 12. 5 so total rent of 8. 3 after adjusting for the change in acreage. We also note mr. Chairman and members of the committee on page 33 that the proposed rent of 93,000 per acre is 46. 96 less than the fair market value based on the Third Party Appraisal conducted by cbre so t ....
The proposed agreement is a total of 19,659,606 for five years and that is in table two. We recommend that you do amend this resolution to specify that the agreement is ret to active and you approve the resolution as amended. Okay. Colleagues any questions for mr. Roases . Okay thank you very much. Thank you supervisors. We will open it up for Public Comment on item five . Anyone wish to comment . Seeing none Public Comment is closed. All right. We have budget analyst i move the recommendation of the budget analyst. We can do that without opposition. Can we move that forward without opposition . Okay. So moved. We will move on to item seven please. Item number seven resolution authorizing the office of economic and Workforce Development to retroactively spend inkind gift for the development of the web base enterpr ....