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Author Topic: Question about the NEZ expansion BOT approval  (Read 330 times)

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Con el Cerdos

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Question about the NEZ expansion BOT approval
« on: November 10, 2017, 11:46:58 am »

Was there a material difference in the numbers Jeff Long presented to the BOT seeking approval for the expansion and the eventual contract numbers?

If so, does anyone have information as to what caused the increase?  Further would that have been subject to further approval by the BOT?
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ricepig

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Re: Question about the NEZ expansion BOT approval
« Reply #1 on: November 10, 2017, 11:49:46 am »

Was there a material difference in the numbers Jeff Long presented to the BOT seeking approval for the expansion and the eventual contract numbers?

If so, does anyone have information as to what caused the increase?  Further would that have been subject to further approval by the BOT?

I'm not sure anyone on here has seen what the final GMP was in the final contract. They only issued a $115m bond instead of $120m.
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Con el Cerdos

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Re: Question about the NEZ expansion BOT approval
« Reply #2 on: November 10, 2017, 12:13:27 pm »

I'm not sure anyone on here has seen what the final GMP was in the final contract. They only issued a $115m bond instead of $120m.

Rice, would the $115m bond issue come after the $47m (roughly) in suite commitments.  Or am I getting something confused and out of order of occurance?
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ricepig

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Re: Question about the NEZ expansion BOT approval
« Reply #3 on: November 10, 2017, 12:37:27 pm »

Rice, would the $115m bond issue come after the $47m (roughly) in suite commitments.  Or am I getting something confused and out of order of occurance?

The bonds were issued in Sept 2016, so before.
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