All members present.
He said they are under the gun to finish by Dec. 31 so they are trying to come up with a plan that lets them start Phase I with the monies available and then try to find tenants. Mr. O'Leary clarified that this amendment would not imply or promise any other assistance such as a TIF, tax exemption or CDBG funds - does not imply any additional resources. There was a discussion regarding the taxes, which are now being paid. Mr. O'Leary asked Mr. Laffen if he would be agreeable to having non-payment of taxes as reason for terminating the contract. Mr. Laffen said yes depending upon how it is written.