I cannot run a jsp page (NetBeans)

[Nick Petas]

I created a new web application project but when I am trying to run it I get the following errors :

init: 
deps-module-jar: 
deps-ear-jar: 
deps-jar: 
Created dir: /Library/Tomcat/webapps/WebApplication1/build/web/WEB-INF/classes 
Created dir: /Library/Tomcat/webapps/WebApplication1/build/web/META-INF 
Copying 1 file to /Library/Tomcat/webapps/WebApplication1/build/web/META-INF 
Copying 2 files to /Library/Tomcat/webapps/WebApplication1/build/web 
library-inclusion-in-archive: 
library-inclusion-in-manifest: 
Created dir: /Library/Tomcat/webapps/WebApplication1/build/empty 
Created dir: /Library/Tomcat/webapps/WebApplication1/build/generated-sources/ap-source-output 
compile: 
compile-jsps: 
Undeploying ... 
OK - Undeployed application at context path /WebApplication1 
In-place deployment at /Library/Tomcat/webapps/WebApplication1/build/web 
/Library/Tomcat/webapps/WebApplication1/build/web/META-INF/context.xml (No such file or directory) 
/Library/Tomcat/webapps/WebApplication1/nbproject/build-impl.xml:720: 
The module has not been deployed. 
   at org.netbeans.modules.j2ee.deployment.devmodules.api.Deployment.deploy(Deployment.java:187) 
   at org.netbeans.modules.j2ee.ant.Deploy.execute(Deploy.java:106) 
   at org.apache.tools.ant.UnknownElement.execute(UnknownElement.java:291) 
   at sun.reflect.GeneratedMethodAccessor58.invoke(Unknown Source) 
   at sun.reflect.DelegatingMethodAccessorImpl.invoke(DelegatingMethodAccessorImpl.java:25) 
   at java.lang.reflect.Method.invoke(Method.java:597) 
   at org.apache.tools.ant.dispatch.DispatchUtils.execute(DispatchUtils.java:106) 
   at org.apache.tools.ant.Task.perform(Task.java:348) 
   at org.apache.tools.ant.Target.execute(Target.java:390) 
   at org.apache.tools.ant.Target.performTasks(Target.java:411) 
   at org.apache.tools.ant.Project.executeSortedTargets(Project.java:1399) 
   at org.apache.tools.ant.Project.executeTarget(Project.java:1368) 
   at org.apache.tools.ant.helper.DefaultExecutor.executeTargets(DefaultExecutor.java:41) 
   at org.apache.tools.ant.Project.executeTargets(Project.java:1251) 
   at org.apache.tools.ant.module.bridge.impl.BridgeImpl.run(BridgeImpl.java:284) 
   at org.apache.tools.ant.module.run.TargetExecutor.run(TargetExecutor.java:539) 
   at org.netbeans.core.execution.RunClassThread.run(RunClassThread.java:154) 
BUILD FAILED (total time: 1 second) 

Any ideas on what is ghoing on here?
Thank you.
(I am using snow leopard, tomcat 7, and NetBeans 7)