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~Cindy ,~ohnson - Re: Courthouse Square financin~ Page 1 <br />From: DAVID HARTWIG <br />To: "biliburgess@earthlink.net"@I_Net.GWIA52 <br />Date: Mon, May 14, 2001 5:49 PM <br />Subject: Re: Courthouse Square financing <br />I apologize for not getting back to you in a more timely manner. I am going to send you a copy of the staff <br />report recommending the early pay down of four years of principle payments. Then we could meet to <br />discuss further questions you may have, or provide you with more information. <br />Will this meet your interest to proceed this way? Thanks! <br />»> Bill Burgess <billburgess@earthlink.net> 05/14 9:48 AM »> <br />Dave, <br />Howdy, <br />I've been trying for weeks to get you my phone, as you can atttest by my <br />many messages. <br />What were the conditions and options in scheduling payoff of the <br />certificates of participation for Court House Square? What are they <br />now? <br />Specificially, could you have paid off at a reduced annual payment over <br />the origionally scheduled term? Could you have paid off the debt in a <br />shorter term by applying savings to the last years of the origionally <br />scheduled debt? What would it take for you to go back and reschedule <br />payments today? <br />Please provide pertinant staff reports to the Commissioners on this <br />issue. <br />I'd like to see your bond council's report too. <br />Below, I've pasted my comments to the Commissioners and Budget committee <br />on this issue, along with an editorial. <br />Please respond at yhour earliest convenience <br />Thanks, <br />Bill Burgess <br />(503) 370-9044 <br />1534 Scotch Avenue SE <br />Salem, Oregon 97306 <br />ubject: <br />MC Budjet Courthouse Square Financing <br />Date: <br />Sun, 06 May 2001 11:02:26 -0700 <br />From: <br />Bill Burgess <billburqessC~earthlink.net> <br />To: <br />commissioners a(~.open.orq, Scounclna.open.orq <br />CC: <br />"Tom, Susan" <stom(a~salem.qannett.com>, Letters to the Editor <br />