India and China are coming into their own. As a business person, I know that I will be working with India and China in the future, and this is a great chance to get a first exposure. |
It might. But that is an optimistic point of view. Optimism is not a good thing to base your financing on. |
It's not a rosy picture at all. |
Mr. Ingle also indicated that the fair is concerned that it will not be able to meet its financial obligations beyond the end of this month. |
Our discussions (with ODOT) have been very positive. This would be larger than the typical loan from ODOT, but everyone knows that going in. |
Parking itself is a very speculative revenue source. We have been hesitant to count on that as too much of a funding source. |
They will replace 20,000 seat pans this year and probably all of them over time. |
They've done different work each year on different problems. We think total replacement of the seat pan is the better long-term solution. |
We probably have two, three years (before the stadium bond fund runs) a deficit. |
We've got stagnant general funds and obligations. We've got looming deficits on the riverfront but there are no clear answers there. |