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SFGTV November 15, 2014 - Vimarsana News

SFGTV November 15, 2014

Have the tax increment financing, what is that, what is that equate to in terms of what the budget can absorb and what additional funding would be needed . Sure, i will address your first question, first, about the risk. And so the risk of not being able to pay back is the risk to not be able to draw down on tifia and not areceived, 429 million in land sales which will mean that block 8 or five had not closed as a mentioned things happen and the land scale dates do get closed out from time it time nothing like four years and the bids on those parcels have already been received. And they are lo...

SFGTV November 16, 2014 - Vimarsana News

SFGTV November 16, 2014

Million dollars. And so, the proposals and the crown core is that we could design it for less than 30 million, and given that we did not receive any bids on the initial for the bid we want it to be on the safe side, and assign the 30 Million Dollar value. Maybe, i dont understand how this is working. We dont know what the Construction Costs will be, we dont know what the materials and we dont have to work out an agreement. So, i would have thought then that we said, look, there is a Design Services, and we will find out after it is designed what it is going to cost and then you will be bidding...

SFGTV November 17, 2014 - Vimarsana News

SFGTV November 17, 2014

Budget could absorb that. And so my first question is, what are the key risk items, and you may have said this, and just articulate again, the risk items of being able to do that . And in the probability and then in the second piece is, if you are not able to do that, and you go and you go to the full extent until you have to have the tax increment financing, what is that, what is that equate to in terms of what the budget can absorb and what additional funding would be needed . Sure, i will address your first question, first, about the risk. And so the risk of not being able to pay back is th...

SFGTV November 17, 2014 - Vimarsana News

SFGTV November 17, 2014

So if we design it for 25, and the total cost will be 35 Million Dollars. And so, the proposals and the crown core is that we could design it for less than 30 million, and given that we did not receive any bids on the initial for the bid we want it to be on the safe side, and assign the 30 Million Dollar value. Maybe, i dont understand how this is working. We dont know what the Construction Costs will be, we dont know what the materials and we dont have to work out an agreement. So, i would have thought then that we said, look, there is a Design Services, and we will find out after it is desig...

SFGTV November 18, 2014 - Vimarsana News

SFGTV November 18, 2014

Form the cfd and it is schedule a special election, for closing on december 29th. And we anticipate that the city board of supervisors will take its third. I understand that. Okay i just want to and if we prepay and everything goes well, and on the year, and that insurance that we purchased for all of that time proves worthless, i am going to be upset and so your job is going to be somehow to find a buyer for that because that will be wasted money. And brian will send you a copy of the check that we receive for selling remaining Interest Rate cap. Yeah, okay. Yes, go ahead . It was a meaty ite...