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Page 3 of 5 <br />WREN was to get donors to match our funding with that money to be used,for the building construction. <br />For managing the campus the thought was that WREN would tool up to run the campus under contract with us <br />and any other participants in the partnership at that time. <br />As I mentioned in the first note, I'm not sure what parts of this are going to happen in what order or when at <br />this time. <br />Thanks <br />Johnny <br /> <br />From: CUTSOGEORGE Sue L <br />Sent: Thursday, December 18, 2008 11:03 AM <br />To: MEDLIN Johnny R; LIDZ Jerome (Harrang) <br />Cc: COREY Kurt A; MEDARY Sarah J; WOLD Eric N <br />Subject: RE: WEWEC <br />So, would we be purchasing the land with bond dollars? If so, we'll probably need to talk with bond counsel <br />about that some more like who owns it now, and how much will we pay. Just remember to keep me in the <br />loop as you're thinking about how the bond money will be used. This particular project has a lot of challenges <br />from the bond perspective. <br />Thanks. Sue <br />From: MEDLIN Johnny R <br />Sent: Thursday, December 18, 2008 11:00 AM <br />To: LIDZ Jerome (Harrang); CUTSOGEORGE Sue L <br />Cc: COREY Kurt A; MEDARY Sarah J; WOLD Eric N <br />Subject: RE: WEWEC <br />The concept is currently for the City to own at least the land and all of the non-building (structural) <br />improvements on that land. Depending on what other funding sources may come to fruition, we may or may <br />not end up owning part or most of the building as well. - Johnny <br />From: Jerome LIDZ [mailto:Jerome.S.Lidz@harrang.com] <br />Sent: Thursday, December 18, 2008 10:55 AM <br />To: MEDLIN Johnny R; CUTSOGEORGE Sue L <br />Cc: COREY Kurt A; MEDARY Sarah J <br />Subject: RE: WEWEC <br />Sue and Johnny, <br />I don't know if the issue about using GO bond proceeds to support the WEWEC was resolved. The last things in <br />my file are an e-mail from Harvey Rogers dated 2/9/07 and notes from a conference call we all had with him on <br />3/6/07. Harvey's advice was that the constitution does not allow the City to use GO bond revenues to buy <br />property or construct improvements for a private entity such as WREN. We talked about the City paying for an <br />undivided interest in the property or some kind of condominium interest, so that the City would be getting some <br />..3/3/2009 <br />