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Transcripts For SFGTV Board Of Educaiton 12815 20151210

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 the board will activate a 25 net annual revenues. How m

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