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1. Retire balance at end of year seven; � <br /> 2. Refinance entire balance, or any part of the balance at any time between I! <br /> now and year seven; I <br /> 3. Collapse portions of the total debt as room tax and other revenue streams <br /> grow and axe better able to retire the major portion of the debt. <br /> 4. Collapse portions of the total debt as state and/or federal grants are <br /> received. <br /> As the total improvement costs are unknown, and the ratio of participation has not been <br /> negotiated among benefiting community institutions, I asked Dan to assume a net principal of 4, <br /> 5, 6 and 7 millions. <br /> Schedules for the above are attached. <br />