Problems configuring VCS using ClearCase

I downloaded TeamCity today and set up a test project. I am using ClearCase as the VCS.

I set up the project VCS to use ClearCase with BASE The view path is
C:\TeamCity\projects\ACS_Common_view\ACS_Common\conf

I tested the connection and get the following success message:

Non-MVFS directory "C:\TeamCity\projects\ACS_Common_view\ACS_Common\conf"
  Modified: Wednesday, December 03, 2008 4:10:28 PM
  Protection:
    User : NOBODY   : rwx
    Group: NOBODY   : rwx
    Other:          : rwx

The directory where the view.dat file is located in is C:\TeamCity\projects\ACS_Common_view

I can run cleartool ls c:\TeamCity\projects\ACS_Common_View\ACS_common\conf\.. and get a list of all of the directories under this project.

When I run the project in TeamCity, I get the following error:
jetbrains.buildServer.vcs.VcsException: Getting sources for checkout rule '..=>.' failed with erorr: cleartool: Error: Not an object in a vob: "C:\TeamCity\projects\ACS_Common_view\ACS_Common\conf\..".

What am I doing wrong?

Thanks