NCMM-Response-to-the-BPCA-RFP-Marina-Operator
NCMM-Response-to-the-BPCA-RFP-Marina-Operator
NCMM-Response-to-the-BPCA-RFP-Marina-Operator
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We already have renewed <strong>the</strong> decks of all docks except one. If we renew<br />
<strong>the</strong> final deck this winter, we will use our own labor and <strong>the</strong> cost of<br />
materials is expected <strong>to</strong> be $3,000.<br />
B. The amount of Proposer's equity contribution and o<strong>the</strong>r sources of<br />
equity, if any;<br />
All of <strong>the</strong> repairs anticipated by our company will be made from cash on<br />
hand.<br />
I wanted <strong>to</strong> take this<br />
opportunity <strong>to</strong> commend your<br />
forethought, perseverance and<br />
courage, <strong>to</strong> turn an idea in<strong>to</strong> a<br />
goal and a dream in<strong>to</strong> a<br />
reality—a reality called North<br />
Cove <strong>Marina</strong>. You made it a<br />
world-class venue open <strong>to</strong> all<br />
who desire <strong>to</strong> be part of it.<br />
- Bob Young<br />
C. The amount Proposer proposes <strong>to</strong> finance; and<br />
We do not expect <strong>to</strong> finance any amount.<br />
D. The proposed source and terms of such financing.<br />
If we did need financing, we would approach <strong>the</strong> two organizations, TD<br />
Bank and <strong>the</strong> New York Business Development Corporation, which<br />
provided financing for <strong>the</strong> recent acquisition of Arabella. We have an<br />
excellent track record with <strong>the</strong>m.<br />
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