| George John 2005-08-11, 8:34 pm |
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Sam Sloan wrote:
[SNIP]
quote:
> Yes. I am sure that the building will never be built.
Let's engage in the unthinkable and assume for a moment that Sam Sloan
is correct. What would this possibly mean?
1) The loss of an asset appraised at $256,000
2) The possible loss of free rent until the building is complete
3) The $45,000 paid to the architect will likely be a waste
4) Whatever has been already paid to the construction company will be
lost, and depending on how far along the construction is there may be
demolition costs
5) We will likely have to pay sizable cancellation fees
6) We likely won't get a building custom made to our needs which will
likely adversely impact employee productivity
7) We will have short circuited a plan that had the support of two very
different Executive Boards
8) It will make it easier for insiders to move the USCF to a different
location, an expensive and disruptive proposition
9) We will have bailed out on one of the biggest and most public deals
of the USCF's history, damaging the organization's public image, and
making it less attractive to other businesses to partner with or
sponsor.
Best regards,
George John
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