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C Well , could I ask you a question perhaps? Do you feel <br /> Mr . Blackbird could have gone out and financed the utilities on a <br /> private basis? <br /> E I wouldn ' t have any idea, but I wouldn ' t do it . <br /> In other words , economically - they have not done that then . <br /> C If it was economically feasible he could , would you not agree <br /> with that? <br /> E I would say they certainly could have .but I don ' t think it would <br /> be logical under the situation to go spend any money , number 1 it <br /> would be a big gamble . <br /> C Right , as an exonomical example . <br /> E I said as an extenuating circumstance over and above not having. <br /> the money to actually put the building up . <br /> C That ' s precisely my . . . <br /> E Taking a chance on the building because with the utilities it <br /> would be quite possible for him certainly to go out and construct <br /> the utilities and put them in but this council was not, going to take <br /> discussion of any utilities being placed in there whether - he footed <br /> the bill or not . <br /> C Discussing my point there is no formal constraint on Mr . Black- <br /> birds going in and developing except for the fact that he did not want <br /> to economically gamble . <br /> E Well I guess I disagree because this , the minutes clearly state <br /> that Mr . Maier moved to table consideration of this matter until there <br /> was a court decision and as far as the bids went they were totally <br /> null and void because this was February 8 and there was supposed <br /> to be a decision by March 9 . Obviously that bid had nothing to do <br /> with it . We were tabling consideration of the entire matter of Lakes <br /> Addition . <br /> C I think that ' s subject to consideration by members of your countil <br /> to which each of you interpreted by Mr . Marier ' s motion that day . <br /> ? I was here that day and I would submit that the reason the council <br /> took that action was not to- interfere with the pending court case . <br /> That 's the only reason Jenrichs put sewers in themselves. That ' s <br /> not financed by anyone else . <br /> Oh , No. The City sold the bonds - everyone of those sewers <br /> in Lakes Addition - everyone of. them. Jenrichs didn ' t finance <br /> anything . <br /> - 11 - <br />