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funding for streetscape. Approval from City Council will be sought after the design development. In clarification of the expenditure and approval of the urban renewal funds, John Whittington explained the entire package would be approved this year but the actual funds would be budgeted over three years. There are still a lot of unanswered questions on this item. In discussion of where the streetscape stops and the building begins, R.G. Andersen-Wyckoff noted quite a bit of Hatfield Plaza has been included in the streetscape, including the clock tower. 3. Citizen Committee Charter R.G. Andersen-Wyckoff provided members with a draft copy of the charter that was approved by the Salem Area Transit Board of Directors. The crossed out items are removed and the highlighted areas are additions. The Committee is an advisory committee built into the structure for the Courthouse Square project. The Transit Board would like to keep the Committee to five members or less, with one member appointed from each Board and one member appointed jointly. The plan is to have the charter approved by the Board of Commissioners on Wednesday and Salem Area Transit Board on Thursday. Mary Pearmine said she would like to see the County member from outside the urban area, since the County includes places other than Salem. She will discuss this idea with Don Wyant, Jr. and Randy Franke. 4. 4th Floor Sensitivity Analysis John Whittington said since the last meeting the issue has come up on the cost benefits of four floor versus five floor development, and a sensitivity analysis has been prepared by Melvin Mark Company. R.G. Andersen-Wyckoff has put together a cost impact on the District. Craig Lewis provided members with a handout on the five floor and four floor proforma showing the effect of removing the fifth floor and the marginal cost of the fifth floor. The project budget for four stories is from the October report by Pence Kelly. The shell costs have been inserted and adjustments made for the soft costs. The final amount for bond funding was inserted into the final forma to see what happens to the County rents. The bottomline difference is $1.30 rentable square foot for five floors and $1.48 rentable square foot for four floors. The rent speculative space was also removed to create a new cost flow. With the changes the marginal cost is 85G per rentable square foot.