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<br />1Oud1e Foss & CO. <br /> <br />Mr. James Fornell <br />City of New Brighton <br /> <br />August 16, 1982 <br /> <br />1- 4 - <br /> <br />. Negotiate with contractors/engineers <br /> <br />. Develop final design/bid package and select contractor <br /> <br />. Revise financial projections to incorporate results of <br />final design and contractor bids <br /> <br />. Finalize contractual arrangements with consumers of plant <br />outputs and MSW providers <br /> <br />. Procure financing commitments and proceed with construc- <br />tion and eventual operation of the facility. <br /> <br />Conclusion <br /> <br />Because projections are based on assumptions about circum- <br />stances and events that have not yet taken place, they are subject <br />to variations that may arise as future operations actually occur. <br />IAccordinglY, we cannot give assurance that the projected results <br />will actually be attained. Also, it should be understood that the <br />__underlying assumptions are based on present circumstances and <br />information currently available. Because circumstances may change <br />and unanticipated events may occur subsequent to the date'of this <br />report, the reader must evaluate the assumptions and rationale in <br />the light of circumstances then prevailing. This report cannot be <br />used to secure financing commitments. <br /> <br />Very truly yours, <br /> <br />c;;..~ ~JI'a <br /> <br />I <br />