Special Board of Aldermen 11-24-2020 Page 5
We have been working on this avenue of the financing plan for well over 3 years and as of recently we
have been working on this twice a week on closing coordination calls, in order to meet our deadline of
December 15™ which is why | am asking for this special consideration. So, tonight’s Agenda, we are going
to start will Niel Cannon, he’s going to go through the flow of funds which have already been provided to
you, but | am going to stop sharing my screen; | am going to ask Niel to share his. After Niel speaks, then
John Kaminski and Celia Leonard are going to present exactly how we are going to execute the deal and |
believe John Kaminski will be leading off that conversation and handing it off to Celia. | will begin sharing
my screen again at that point and then rounding things out with have Andy Prolman who will talk about the
Real Estate matters relative to this transaction. So, if | may, Madam President, | am going to stop sharing
my screen and ask Niel Cannon to pull up his so we can actually get into the details of how the transaction
will commence.
President Wilshire
Thank you, Director Cummings.
Director Cummings
Thank you.
President Wilshire
Mr. Cannon?
Niel Cannon
Thank you. | think it’s up now, can everybody see it?
President Wilshire
Yes.
Mr. Cannon
What | do is | take my Zoom screen and move it down to the lower right-hand corner so we can see this
whole thing. So, thank you for the opportunity to present tonight and I'll be short and as quick as possible.
Before | start, | just want to say that it’s been a real pleasure working with your municipal staff. | have been
working with Tim for close to 3 years on this. Over the last year or so, a lot with Celia and, of course, with
your finance staff. | want to say if it wasn’t for their confidence and their patience in dealing with these rules
as well as in dealing with me, it wouldn’t be going so smoothly. So, with that said, I’d like to start by asking
you to focus on this top box which | just lost — | don’t know what happened with it. | am going to try to bring
it up again.
Alderwoman Kelly
Alderman Wilshire, while we are waiting | just wanted to say that I’m here.
President Wilshire
Thank you, Alderman Kelly.
Alderwoman Lu
Excuse me, Alderman Wilshire?
