 So what we wanted to do today is give you an update of the FreshTech Innovation District and what's in the works and what's being planned as we move forward. So the FreshTech Innovation District is what's been planned for the area where the former Kepsil Building used to be on Indiana Avenue, basically east of South Tenth Street and the property directly west of the former Sprecher. The Innovation District, as you can see, the mission is to provide the core programming and coordination necessary to catalyze support and invigorate the local innovation ecosystem. If you can go to the next slide. So there's four major initiatives that are currently underway. This is a partnership between the City of Sheboygan and the Sheboygan County Economic Development Corporation. We both of these two organizations have contracted with the Etude Group who is currently completing a maker space study, a maker space for those that don't know is a place where people with shared interests, especially in computing and technology can gather to work on projects while sharing ideas, equipment and knowledge. So the idea is a place similar to a YMCA where you can pay a membership in and you can go with like-minded people and do technology things, do engineering, those kind of things under one roof. The goal of the study is to determine a core group of residents interested in spearheading the development of the maker space in Sheboygan on a grassroots level and hopefully bring it to fruition as a place where people can buy into and do these types of activities. The second thing that the SCEDC is leading the charge on is there's 30 representatives from Sheboygan County Company, leaders within those companies that are developing programming centered around information received from the Innovation District Summit last fall. So the three things that came out of that summit that was held where 150 people came together and brainstormed on things that they would like to see happen as a part of the programming piece was professional and leadership development, best practices and collaboration and entrepreneurship and innovation. So the idea is that these three groups will, there's subcommittee groups working on each of these core programming initiatives and they'll be rolling out programming as it relates to those three things to try to use as a talent retention and talent attraction for our local companies. Next slide. Another initiative of the SCEDC is they've contracted with a group called Innovate 2 to conduct a feasibility study on how they can leverage university and college students, business leaders and entrepreneurs and other kinds of innovators to work together, to be able to bring this kind of collaborative working environment and student run businesses to the district. So Innovate 2 is a group out of Milwaukee that's currently working with Marquette and UW Milwaukee on this type, the same type of model and they're doing a feasibility study here to see if they can partner with the local institutions of higher learning and bring that same kind of model within the district. The city of Sheboygan is implementing five or six key redevelopment initiatives in this district, the addition of affordable apartment housing and condominiums, some infrastructure updates, relocation of existing business and purchase of some additional real estate, the addition of a pedestrian and bicycle infrastructure, an update to the master plan and the addition of some new buildings. So if you go to the next slide. The former Coakley warehouse, as you see it today, is under construction. That was the Badger State Tannery that's under construction of 118 affordable housing units and 8,700 square feet of commercial space. The budget, project budget for that is 30 million. The project is slated to be completed sometime in the summer of 2020. And recently the Planning Commission approved 21 new condominium units on South Pier to break ground this fall on a property east of the Sea Rice Coal Company at the entrance to South Pier at a project budget of 6 million. Next slide. The Public Works Department is working on the reconstruction of Illinois Avenue, Maryland Avenue, Commerce Street and North Eleventh Street surrounding the Badger State Lofts. That project is three and a half million. It went out to bid and it came in over budget so it's going to be rebid sometime in September. And then the Redevelopment Authority and the city recently approved the purchase of the former Kraft 30. Kraft 30 is currently operating in this building on 10th Street right now. Their plan is to move to 908 Michigan Avenue in the fall of 2020. And then this Redevelopment Authority will ultimately demolish this building and make way for some new buildings. We also have purchase offers to purchase out on two homes directly north of Kraft 30 to demolish those as well and create a development site at a value of $140,000. Next slide. The Common Council recently approved a purchase and sale agreement with the Union Pacific Railroad to purchase right away of the former railroad from basically Pennsylvania Avenue to Union Avenue and then adjacent to Indiana Avenue. The price of that is 1.2 million. We're currently in the due diligence phase doing a survey which will be approved later on in the agenda tonight as well as some environmental assessments. The goal is to close on the acquisition of the real estate sometime in early 2020. We also are working with a developer to develop the first new building in the district, a mixed use office building. It will be a class A office and co-working space. On the master plan, the building that's highlighted in purple is where this new building would be planned adjacent to Indiana Avenue and kind of provide some of the programming space that could happen as part of these initiatives. We're also working on an update to the innovation district master plan. We originally did a master plan for what this area would look like after consideration of not moving forward with a parking structure, but trying to build a parking lot, a surface parking lot which is more cost effective in our books is that, and then the putting of the, the siting of the buildings along the perimeter because in the original plan we did not have craft 30 in those houses included in that. So we're working with, we'll be working with a consultant soon to update the master plan to show to prospective developers of what the site will look like. And then this is just a, this is a repeat, sorry, this is basically providing a space for that part parking and then some outdoor programming features. If you're interested in learning more and following the progress of the FreshTech Innovation District you can visit FreshTechInnovation.com and it provides all the updates as part of this process through the Sheboygan County EDC. So thank you.