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That these new options that you have come up with are fabulous if, in fact, theyre going to happen. But based on this report that im reading, i dont think that they ever will. I dont think february 1st, 2013 is near enough time to take on these new options. And i think that its funny that february 1st, 2013, is probably two days before youre going to start digging the trench on columbus avenue. Also it seems like to me, based on our future or our past business together, that this is an item to a bees us when the real serious matter is paragraph 3, which says, if we cant do options 3 or 4, were going to do what we had originally intended. I think thats all i had to say. Thank you, sir. Next speaker, please. Lance carnes, steve taylor, lorenzo petroni. Mr. Carnes. Good afternoon, mr. Carnes. Yes, nice of you to hear us today, board members. Id like to underline again about the Community Input and the communication to the neighborho ....
Real. Right. The downside of option 3 is that in order to accommodate for north beach station, you would the likelihood would be that you would have to remove these machines, which would be from a difficult operation in the future. Were currently looking at, though, to look at ways of perhaps diverting the machines, kind of off the path so that would either minimize or, you know, prevent the need to remove these machines. And normally when you use a tunnel Boring Machine at the end of the project, that tunnel Boring Machine comes out and it i guess goes onto another project somewhere to dig again . Yes. Typically these machines have a useful life. The particular machine thats being used to construct the central subway are brandnew machines. So, they have a significant quite a bit of useful life left in them. All right, thank you. Other members of the board . Mr. Reiskin . Yes ....
Uncertain at that. And i think thats a reasonable position and a reasonable tradeoff and thats why we are recommending that as our kind of backstop plan. If were unable to make something happen offsite. The final thing i think youll hear from folks is kind of our final backstop, which is if for some reason going to the pagoda site doesnt work and for some reason we cant make leaving it underground work, which i dont anticipate we would have trouble doing, but we dont have that fully designed and approved, that we keep the current approved project on the table as our ultimate default. And that is because, you know, we have an approved project. Its a fully funded project. We have an executed contract. We would be putting the agency, we believe, at significant risk if we didnt have that final backstop to fall back on. Its our hope that we wouldnt get there. I saw some correspondence suggesting that we come back to you before hitting that final stop. Im certainly open to that. I think folk ....
I believe, director brinkman, youre referring to option 3. Yes. The benefits of option 3, it does allow the construction of 3,000 feet of critical thank youerctionv that could make the possibility of an extension be real. Right. The downside of option 3 is that in order to accommodate for north beach station, you would the likelihood would be that you would have to remove these machines, which would be from a difficult operation in the future. Were currently looking at, though, to look at ways of perhaps diverting the machines, kind of off the path so that would either minimize or, you know, prevent the need to remove these machines. And normally when you use a tunnel Boring Machine at the end of the project, that tunnel Boring Machine comes out and it i guess goes onto another project somewhere to dig again . Yes. Typically these machines have a useful life. The particular m ....
Real. Right. The downside of option 3 is that in order to accommodate for north beach station, you would the likelihood would be that you would have to remove these machines, which would be from a difficult operation in the future. Were currently looking at, though, to look at ways of perhaps diverting the machines, kind of off the path so that would either minimize or, you know, prevent the need to remove these machines. And normally when you use a tunnel Boring Machine at the end of the project, that tunnel Boring Machine comes out and it i guess goes onto another project somewhere to dig again . Yes. Typically these machines have a useful life. The particular machine thats being used to construct the central subway are brandnew machines. So, they have a significant quite a bit of useful life left in them. All right, thank you. Other members of the board . Mr. Reiskin . Yes ....