[AsburyPark] Re: Loffredo Response - justification -BONUS of $36.5 million

2005-01-09 Thread dfsavgny
Skip, That would be really frightening if they carried it as a receivable, however, I would not be surprised, at least I would expect so if Loffredo were doing the books. In his editorial and letter, he actually considers the $33 million to rehabilitate the Casino as part of the value to the

Re: [AsburyPark] Re: Loffredo Response - justification -BONUS of $36.5 million

2005-01-08 Thread muffolettom
Well we should move to enforce the contractual obligation quickly. Time is of the essence here. Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/AsburyPark/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your

[AsburyPark] Re: Loffredo Response - justification -BONUS of $36.5 million

2005-01-08 Thread jerseyjohn99
All this talk about the Casino reminds me of the emergency Historical Society meeting the night before the 6am destruction of the Palace. Does everyone remember Kate's prophetic warning against "antagonizing the developer" if we wanted to save the rest of Asbury's treasures? I wonder how lon

[AsburyPark] Re: Loffredo Response - justification -BONUS of $36.5 million

2005-01-08 Thread SkipDragon
"Its my understanding someone asked again at the last meeting and found out that certain additions to the letter of credit had to be included and the long and short of it we have nothing, no letter of credit." Dan, After a lengthy explanation of "the above contractual commitments to the sal