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BRIGGS AND MORGAN <br /> Samantha Orduno <br /> Jerry Linke <br /> Don Brager <br /> Tim Cruikshank <br /> August 25, 1993 <br /> Page 2 <br /> what periods of time. In the context in which these requests are being made, namely, this <br /> Business Park, I think it is also appropriate for the City to wonder at what point free <br /> enterprise rises or falls on the profit scale without the backstop of sizeable infusions of <br /> public dollars,given that the City has already invested approximately$8,500,000 of borrowed <br /> money into the Business Park. <br /> Again, my first blush is that the new requests are similar in structure and vein to the <br /> request Everest made on Multi-Tech, although the per square foot land prices seem to be <br /> considerably smaller. <br /> I will be on vacation through Labor Day but I will check in with you thereafter for <br /> an update. Both of these projects seem to be quite "prospective," with construction starts <br /> not until April of 1994; and for one of the projects it appears that the building would be <br /> speculative and might not be completed until 1997. <br /> rs ery t ly, <br /> lames P. O'Meara <br /> JO:cmg <br />