3-chris email exchange Freedom Center keyword

8/7/2019 3-chris email exchange Freedom Center keyword

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Chris Bruner

From: Tony CapaciSent: Tuesday, January 04, 2011 4:30 PMTo: [email protected]: Chris Bruner; National Underground Railroad Freedom Center ([email protected])Subject: RE: NURFC follow up documents

Ben,

IwillbespeakingtotwoCommissionmembersregardingtherevisedcashflowfor2011. SinceIhavealreadyanalyzed

the2011summarycashflowwhichwaspreparedon11/29/10Ineedtoknowthedifferencesbetweenthe11/29/10

cashflowandthe12/9/10cashflow. Irealizedthe12/9/10cashflowwasbasedontheapprovedBODbudgethowever,

Imustbeabletoexplainthedifferences. Kindlyprovidemeareconciliationbetweentheprojectedendingcashbalance

ofeachcashflowandtheassumptionssupportingthedifference. KindlyprovidethisnolaterthanCOB1/7/11.

Thanks,

From:[email protected][mailto:[email protected]]

Sent: Monday, January 03, 2011 5:41 PM

To: Tony CapaciCc:[email protected]: NURFC follow up documents

Tony,

Attached is the approved budget per the NURFC 12-10 Board meeting. It includes a revised cash flow for 2011 andstatement of activities based on the budget that was approved by the Board. I will be forwarding on a new cash flowstatement tomorrow that includes a projection for 2012 without Federalization.

Thank you,


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Chris Bruner

From: Tony CapaciSent: Tuesday, January 04, 2011 9:31 AMTo: [email protected]: Chris Bruner; National Underground Railroad Freedom Center ([email protected])Subject: RE: NURFC follow up documents

Ben,

Thankyou fortheinformation. Whenyouforwardthe2012w/ofederalizationpleaseincludetheassumptionsto

revenueandexpenseprojections. OnceIreviewtheschedulesIwillmostlikelyhavequestionsforyou.

Also,IwouldliketolookatyourmostcurrentYTD10financials. DoyouhaveNovember2010ready? Whendoyou

thinkyouwillhave12/31/10ready.

Letmeknow,

Thanks,

From:[email protected][mailto:[email protected]]Sent: Monday, January 03, 2011 5:41 PMTo: Tony Capaci

Cc:[email protected]: NURFC follow up documents

Tony,


Thank you,


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Chris Bruner

From: Tony CapaciSent: Tuesday, January 04, 2011 9:13 AMTo: Kathy FoxCc: Chris Bruner; National Underground Railroad Freedom Center ([email protected])Subject: FW: NURFC -- Staff adjusted cash flow RE: NURFC follow up documentsAttachments: 2011 Cash Flow Projection for OCFC based on 12-10 BOD Budget w staff adjustments in

blue.xlsx

Kathy,

AttachedisarevisedNURFCcashflowforFYE2011andBODapprovedbudget. Thecashflowaspresentedbythe

FreedomCenterincludesthereleaseoftheescrow. Christhenaddedasectionwhichtakestheescrowoutperour

recommendationandrecalculatedthenumbers.

WouldyoulikemetosendthistoCraigandOtto?

Letmeknow

Thanks,

From: Chris Bruner

Sent: Tuesday, January 04, 2011 9:02 AMTo: Tony CapaciSubject: FW: NURFC -- Staff adjusted cash flow RE: NURFC follow up documents

Tony:

AttachedisanupdatedspreadsheetinwhichtheOCFCescrowisnotreturnedtotheSponsor. Also,Ihaveshownthe

netmonthlycashflowanddoublecheckedtheSponsorscalculations.

Note: Allofmyadjustmentsaremadeinthebluecoloredsectionatthebottomofthesheet.

Thanks,

CB

ChrisBrunerFinancialAnalyst

OhioCulturalFacilitiesCommission

100E.BroadStreet,Suite300

Columbus,OH 432153661

Office:(614)7522774

Email:[email protected]

Website:http://culture.ohio.gov/

Building Culture in Ohio's Communities: The Ohio Cultural Facilities Commission, formerly the Ohio Arts & Sports Facilities Commission, overseescapital improvement funds appropriated by the Ohio General Assembly and Governor for community cultural facility projects including non-profittheaters, museums, historical sites and publicly owned professional sports venues. You are invited to visit www.culture.ohio.gov or call (614) 752-2770for more information on the Commission or to learn how we can assist your cultural facility project.From: Chris Bruner

Sent: Tuesday, January 04, 2011 8:53 AMTo: Tony CapaciSubject: NURFC -- Staff adjusted cash flow RE: NURFC follow up documents


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Tony:

AttachedisanupdatedspreadsheetinwhichtheOCFCescrowisnotreturnedtotheSponsor. Also,Ihaveshownthe

netmonthlycashflowanddoublecheckedtheSponsorscalculations.

Thanks,

CB

ChrisBrunerFinancialAnalyst




Office:(614)7522774



Building Culture in Ohio's Communities: The Ohio Cultural Facilities Commission, formerly the Ohio Arts & Sports Facilities Commission, overseescapital improvement funds appropriated by the Ohio General Assembly and Governor for community cultural facility projects including non-profittheaters, museums, historical sites and publicly owned professional sports venues. You are invited to visit www.culture.ohio.gov or call (614) 752-2770for more information on the Commission or to learn how we can assist your cultural facility project.From: Tony Capaci

Sent: Tuesday, January 04, 2011 8:37 AMTo: Chris Bruner

Subject: FW: NURFC follow up documents


Sent: Monday, January 03, 2011 5:41 PMTo: Tony Capaci

Cc:[email protected]: NURFC follow up documents

Tony,



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Thank you,


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Chris Bruner

From: Amy RiceSent: Monday, January 03, 2011 12:54 PMTo: '[email protected]'Cc: [email protected]; Tony Capaci; Chris Bruner; National Underground Railroad Freedom

Center ([email protected])Subject: FW: release of liens/title of opinionAttachments: title opinion letter form.doc

Ben,

Pleaseadviseofthestatusofthetitleopinionletter.

Thankyou!

Amy

From: Amy RiceSent: Thursday, December 16, 2010 10:00 AM

To: Tony Capaci; '[email protected]'Cc: Chris Bruner; National Underground Railroad Freedom Center ([email protected])Subject: RE: release of liens/title of opinion

Ben,

AttachedisthetitleopinionlettertemplateTonymentionedbelow.Pleasehaveyourattorneycompleteandforwardas

quickaspossible.

Thankyou,

Amy

Amy RiceChief Project ManagerOhio Cultural Facilities Commission100 E. Broad Street, Suite 300Columbus, OH 43215-3416

Telephone: 614-752-2770Direct: 614-728-8931Fax: 614-752-2775e-mail: [email protected]: www.culture.ohio.gov

TheCommissionofficeswillbeclosedfortheholidaysbeginningThursday,December23at5p.m.throughFriday,

December31,2010at5p.m. WewillreopenMonday,January3,2011at8a.m.

Building Culture in Ohio's Communities:The Ohio Cultural Facilities Commission, formerly the Ohio Arts & Sports Facilities Commission, overseescapital improvement funds appropriated by the Ohio General Assembly and Governor for community cultural facility projects including non-profittheaters, museums, historical sites and publicly owned professional sports venues. You are invited to visit www.culture.ohio.gov or call (614) 752-2770for more information on the Commission or to learn how we can assist your cultural facility project.


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From: Tony Capaci

Sent: Tuesday, December 14, 2010 10:57 AMTo:[email protected]: Chris Bruner; Amy Rice; National Underground Railroad Freedom Center ([email protected])

Subject: release of liens/title of opinion

Ben,

Asyoumayrecallwewillrequireatitleofopinionletteronyourattorneysletterheadconfirmingcleantitletothe

building.

(In

the

past

there

were

some

issues

with

mechanics

liens)

Amy

will

forward

you

a

copy

of

the

opinion

of

title

templatehowever,untilthenIwouldlikeyourconfirmthattitleisclean. Isupposethebanksremovedalloftheirliens.

Pleaserespond.

Thanks,

TonyCapaci

ChiefFinancialAnalyst


100E.BroadStreet,Suite300Columbus,OH 432153416

Telephone:6147286924

Fax:6147522775

email: [email protected]

website:www.culture.ohio.gov

TheOhioCulturalFacilitiesCommission,formerlytheOhioArts&SportsFacilitiesCommission,overseescapitalimprovementfundsappropriatedbytheOhio

GeneralAssemblyandGovernorforcommunityculturalfacilityprojectsincludingnonprofit theaters,museums,historicalsitesandpubliclyownedprofessional

sportsvenues.Youareinvitedtovisitwww.culture.ohio.govorcall(614)7522770formoreinformationontheCommissionortolearnhowwecanassistyour

culturalfacilityproject.


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Chris Bruner

From: Kathy FoxSent: Thursday, December 30, 2010 8:09 PMTo: [email protected]: [email protected]; [email protected]; [email protected]; Chris Bruner; Tony Capaci

Amy Rice; National Underground Railroad Freedom Center ([email protected])Subject: RE: Your note to Jeff Rohr.....

John,

Thankyouforyournoteregardingtheguaranty. Welllookforwardtoreceivingthedocuments.

Regardingyourrequestforreleaseoftheescrowfundsinadditiontothe$850Kappropriation,thisissueisunderreview

bytheCommissionsTreasurerashereviewsourdraftstaffreportontheFreedomCenter. OurTreasurerisan

uncompensatedCommissionMember;heisonafamilytripovertheholidays,onethatIamcertainiswelldeserved

givenhismanybusinessandcivicresponsibilities. Weexpecttoreceivehisfeedbacknextweekandwewillbebackin

touchwithyouafterthat. Inthemeantime,wewilllookforwardtoreceivingthebackupbusinessplanfromDonand

updatedcashflowprojectionsfromBen. Ourstaffwillbeginitsreviewimmediatelyuponreceipt,aswehavedonewith

allpriorinformation.

Thankyouagainforyournote.

Withmyverybestwishesforthenewyear,

Kathy

Kathleen M. Fox, FASLAExecutive DirectorOhio Cultural Facilities Commission100 E. Broad Street, Suite 300Columbus, OH 43215-3661

Vox: 614.752.2770

Fax: 614-752-2775e-mail: [email protected]

[email protected]

visit our website: www.culture.ohio.gov


Sent: Thursday, December 30, 2010 11:23 AM

To: Kathy FoxCc:[email protected]; [email protected]; [email protected]

Subject: Your note to Jeff Rohr.....

Kathy,

I saw a copy of your note to Jeff Rohr. We have little choice but to accept your point of view on this and Ill goahead to sign the papers as you have given them to me.

I hope now that, as the office re-opens, well be able to come to grips with the issue of my being able to alsoguarantee the other $450,000. My guarantee on this will be total, and it will be on the same terms that apply tothe $850,000 and, to repeat, the availability of these funds as crucial to giving us the running room to get tothe point in time where we hope and expect Federalization funds to be available. Don will be separatelysending you the back-up business plan that youve requested in the event Federalization does not take place. To


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be absolutely clear with you, this institution and mission are far too important to put all our eggs in that basket,even as we continue to be hopeful of it coming through and even as it remains our #1 priority by far.

John E. Pepper


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Chris Bruner

From: Kathy FoxSent: Thursday, December 30, 2010 5:57 PMTo: Chris Bruner; Tony CapaciCc: Amy Rice; National Underground Railroad Freedom Center ([email protected])Subject: FW: Your note to Jeff Rohr.....

Follow Up Flag: Follow upFlag Status: Completed

From:[email protected][mailto:[email protected]]Sent: Thursday, December 30, 2010 11:23 AMTo: Kathy Fox

Cc:[email protected]; [email protected]; [email protected]

Subject: Your note to Jeff Rohr.....

Kathy,

I saw a copy of your note to Jeff Rohr. We have little choice but to accept your point of view on this and Ill goahead to sign the papers as you have given them to me.

I hope now that, as the office re-opens, well be able to come to grips with the issue of my being able to alsoguarantee the other $450,000. My guarantee on this will be total, and it will be on the same terms that apply tothe $850,000 and, to repeat, the availability of these funds as crucial to giving us the running room to get tothe point in time where we hope and expect Federalization funds to be available. Don will be separatelysending you the back-up business plan that youve requested in the event Federalization does not take place. Tobe absolutely clear with you, this institution and mission are far too important to put all our eggs in that basket,even as we continue to be hopeful of it coming through and even as it remains our #1 priority by far.

John E. Pepper


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Chris Bruner

From: Kathy FoxSent: Wednesday, December 29, 2010 6:52 AMTo: Rohr, Jeffrey L.; [email protected]: Tony Capaci; Chris Bruner; [email protected]; [email protected]; Donald's Yahoo;

[email protected]; Amy RiceSubject: RE: Contractual Papers....

Jeff,

ThankyouforforwardingtomeyouremailfromMonday. Sinceyouroriginalemailwenttoastaffmemberandour

officeisclosedthisweekformandatoryCostSavingsfurloughdays,Ihadnootherwayofobtainingacopyofyouremail

thisweek;Itwashelpfulthatyouwereabletoforwardittome.

IsentyourcommentstoourlegalcounselonTuesday. Heinformsmethatthelanguagechangesyousuggestedforthe

guarantydocumentwouldaltertheCommissionsabilitytocollecttimely,shouldtheguarantyneedtobecalledin. He

alsonotesthatthecontractlanguageforwhichchangesarenowsuggestedispartofthestandardformdocumentthat

wassentoutinitiallyforreviewsixweeksago,andfurther,thelanguageistypicalforfinancialguaranties. Heisunable

torecommendtotheCommissionthatthestandarddocumentbechangedtoreflectthesuggestionsyouforwarded.

Sincerely,

Kathy


Vox: 614.752.2770Fax: 614-752-2775e-mail: [email protected]

[email protected]


Building Culture in Ohio's Communities: The Ohio Cultural Facilities Commission, formerly the Ohio Arts & Sports Facilities Commission, overseescapital improvement funds appropriated by the Ohio General Assembly and Governor for community cultural facility projects including non-profittheaters, museums, historical sites and publicly owned professional sports venues. You are invited to visit www.culture.ohio.gov or call (614) 752-2770for more information on the Commission or to learn how we can assist your cultural facility project.From: Rohr, Jeffrey L. [mailto:[email protected]]Sent: Tuesday, December 28, 2010 2:13 PMTo: Kathy Fox; [email protected]: Tony Capaci; Chris Bruner; [email protected]; [email protected]; Donald's Yahoo; [email protected]: RE: Contractual Papers....

Kathy,I have attached the Letter (with comments) that I sent yesterday. Please contact me with any questions.

Jeff RohrGraydon Head & Ritchey LLP1900 Fifth Third Center511 Walnut StreetCincinnati, Ohio 45202Phone: (513) 629-2852


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Fax: (513) 651-3836E-mail: [email protected]

The following information is from the law firm of Graydon Head & Ritchey LLP and may be protected by attorney/clientprivilege. If you believe it has been sent to you in error, do not read it. Please reply to the sender that you have receivedthe message in error, then delete the message.

Do not retain a copy. Thank you.

**********************************

12-28-10

From: Kathy Fox [mailto:[email protected]]Sent: Tuesday, December 28, 2010 12:34 PMTo: [email protected]: Tony Capaci; Chris Bruner; [email protected]; Rohr, Jeffrey L.; [email protected]; Donald's Yahoo;[email protected]: RE: Contractual Papers....

DearJohn,

Yes,Ireceivedyouremailof12/24/10at5:30PM. Asmentionedinaprioremail,ourofficeisclosedformandatoryCost

Savingsfurloughdaysthisweek. TheofficewillreopenonMonday1/3/2011. Couldyoupleasehaveyourattorney

forwardhisquestiontomesincemystaffisnotavailablethisweek? Iwillbespeakingwithourlegalcounselthis

afternoon,soifthereisanewquestionitwouldbehelpfulformetoknowwhatitistoday.

ThestatusoftheFreedomCenterprojectreviewremainsunchangedfrommylastemail: ourCommissionTreasureris

reviewingtheCommissionstaffsdraftreport. IexpecttheTreasurersfeedbacknextweek. OnMondaywhenour

officereopensandTonyCapaciisavailable,hecanreviewanynewinformationthatBenmayhaveprovided.

Bestregards,

Kathy



[email protected]


Building Culture in Ohio's Communities: The Ohio Cultural Facilities Commission, formerly the Ohio Arts & Sports Facilities Commission, oversees

capital improvement funds appropriated by the Ohio General Assembly and Governor for community cultural facility projects including non-profittheaters, museums, historical sites and publicly owned professional sports venues. You are invited to visit www.culture.ohio.gov or call (614) 752-2770for more information on the Commission or to learn how we can assist your cultural facility project.From: [email protected] [mailto:[email protected]]

Sent: Tuesday, December 28, 2010 12:11 PM

To: Kathy FoxCc: [email protected]: Contractual Papers....

(Dictated but not read by John Pepper)


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-------------------------

Dear Kathy,

I just want you to know that Ill be getting the contractual papers you sent me back to the appropriate officeearly the week of January 10. Ill mail out the week prior to that. My lawyer has raised one, I think relativelyminor, question with your staff.

Im assuming youll let Tom and Ben know if there are any missing pieces as far as youre concerned,

preparing for the review with your committee in February.

Also, and very importantly, I would like to process the additional $450,000 at that same time. I think you havemy earlier e-mail. My wife and I will guarantee that. Given that, I dont think you will be incurring any risk.Furthermore, as pointed out and I think Ben will be getting back to you, our latest cash flow numbers show that$450,000 as being vital to carrying us through to the point where we believe Federalization funds will beavailable.

Feel free to give me a call if any part of this is something that would benefit from our talking.

Best regards,

John Pepper(513) 293-7474


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Chris Bruner

From: Rohr, Jeffrey L. [[email protected]]Sent: Tuesday, December 28, 2010 2:13 PMTo: Kathy Fox; [email protected]: Tony Capaci; Chris Bruner; [email protected]; [email protected]; Donald's Yahoo;

[email protected]: RE: Contractual Papers....Attachments: Pepper changes.PDF

Kathy,I have attached the Letter (with comments) that I sent yesterday. Please contact me with any questions.

Jeff RohrGraydon Head & Ritchey LLP1900 Fifth Third Center511 Walnut StreetCincinnati, Ohio 45202Phone: (513) 629-2852

Fax: (513) 651-3836E-mail: [email protected]

The following information is from the law firm of Graydon Head & Ritchey LLP and may be protected by attorney/clientprivilege. If you believe it has been sent to you in error, do not read it. Please reply to the sender that you have receivedthe message in error, then delete the message.

Do not retain a copy. Thank you.

**********************************

12-28-10

From: Kathy Fox [mailto:[email protected]]


To: [email protected]: Tony Capaci; Chris Bruner; [email protected]; Rohr, Jeffrey L.; [email protected]; Donald's Yahoo;[email protected]: RE: Contractual Papers....

DearJohn,



forwardhisquestiontomesincemystaffisnotavailablethisweek? Iwillbespeakingwithourlegalcounselthisafternoon,soifthereisanewquestionitwouldbehelpfulformetoknowwhatitistoday.




Bestregards,

Kathy

Kathleen M. Fox, FASLA


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Executive DirectorOhio Cultural Facilities Commission100 E. Broad Street, Suite 300Columbus, OH 43215-3661


[email protected]


Building Culture in Ohio's Communities: The Ohio Cultural Facilities Commission, formerly the Ohio Arts & Sports Facilities Commission, overseescapital improvement funds appropriated by the Ohio General Assembly and Governor for community cultural facility projects including non-profittheaters, museums, historical sites and publicly owned professional sports venues. You are invited to visit www.culture.ohio.gov or call (614) 752-2770for more information on the Commission or to learn how we can assist your cultural facility project.From: [email protected] [mailto:[email protected]]Sent: Tuesday, December 28, 2010 12:11 PM

To: Kathy FoxCc: [email protected]: Contractual Papers....

(Dictated but not read by John Pepper)-------------------------

Dear Kathy,


Im assuming youll let Tom and Ben know if there are any missing pieces as far as youre concerned,preparing for the review with your committee in February.

Also, and very importantly, I would like to process the additional $450,000 at that same time. I think you havemy earlier e-mail. My wife and I will guarantee that. Given that, I dont think you will be incurring any risk.

Furthermore, as pointed out and I think Ben will be getting back to you, our latest cash flow numbers show that$450,000 as being vital to carrying us through to the point where we believe Federalization funds will beavailable.


Best regards,



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Chris Bruner

From: Kathy FoxSent: Tuesday, December 28, 2010 12:34 PMTo: [email protected]: Tony Capaci; Chris Bruner; National Underground Railroad Freedom Center (594

@ocfcsp.oasfc.local); [email protected]; ; Donald's Yahoo;[email protected]

Subject: RE: Contractual Papers....

DearJohn,



forwardhisquestiontomesincemystaffisnotavailablethisweek? Iwillbespeakingwithourlegalcounselthis

afternoon,soifthereisanewquestionitwouldbehelpfulformetoknowwhatitistoday.




Bestregards,

Kathy



[email protected]


Building Culture in Ohio's Communities: The Ohio Cultural Facilities Commission, formerly the Ohio Arts & Sports Facilities Commission, overseescapital improvement funds appropriated by the Ohio General Assembly and Governor for community cultural facility projects including non-profittheaters, museums, historical sites and publicly owned professional sports venues. You are invited to visit www.culture.ohio.gov or call (614) 752-2770for more information on the Commission or to learn how we can assist your cultural facility project.From: [email protected] [mailto:[email protected]]Sent: Tuesday, December 28, 2010 12:11 PMTo: Kathy FoxCc: [email protected]: Contractual Papers....

(Dictated but not read by John Pepper)-------------------------

Dear Kathy,


Im assuming youll let Tom and Ben know if there are any missing pieces as far as youre concerned,preparing for the review with your committee in February.


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Also, and very importantly, I would like to process the additional $450,000 at that same time. I think you havemy earlier e-mail. My wife and I will guarantee that. Given that, I dont think you will be incurring any risk.Furthermore, as pointed out and I think Ben will be getting back to you, our latest cash flow numbers show that$450,000 as being vital to carrying us through to the point where we believe Federalization funds will beavailable.


Best regards,



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Chris Bruner

From: Kathy FoxSent: Wednesday, December 22, 2010 5:01 PMTo: Donald's YahooCc: ; ; Tony Capaci; Chris Bruner; Amy Rice; ; Ken RobinsonSubject: RE: Freedom Center - Guarantee....

Don,

Thanksforyournote. Welookforwardtoreceivinganyadditionalinformationthatisavailable,includingabusiness

plantheFreedomCenterispreparingorhaspreparedtoaddressthepossibilitythatfederalizationmaynottakeplace.

TonyCapacihasaskedBenforabusinessplanthatwouldaccommodatesuchanevent,buthasnotreceivedityet. You

andIspokeabouttheneedfortheFreedomCentersExecutiveCommitteeorBoardtoapprovesucha fallbackbusiness

plan,andIhopethatapprovalisbeingscheduled.

Sothereisnomisunderstanding,thepurposeforussharingwithyouthedraftstaffreportinearlyJanuaryissothatwe

canmakesureallthefactsarecorrectinthereport; itisnotourintentiontocreateadebateabouttheanalysisor

recommendationsourstaffwillbeprovidingtotheCommission. Imsureyoucanappreciatethisdistinction.

Welookforwardtoreceivingthebusinessplanassoonasitisavailable. Wewillneeditnolaterthanthefirstweekin

Januaryinordertoreviewitandmakeanyupdatestoourstaffreport.

Thank you,andmybestwishesfortheholidaysandthenewyear!

Kathy


Vox: 614.752.2770

Fax: 614-752-2775e-mail: [email protected]

[email protected]


Building Culture in Ohio's Communities: The Ohio Cultural Facilities Commission, formerly the Ohio Arts & Sports Facilities Commission, overseescapital improvement funds appropriated by the Ohio General Assembly and Governor for community cultural facility projects including non-profittheaters, museums, historical sites and publicly owned professional sports venues. You are invited to visit www.culture.ohio.gov or call (614) 752-2770for more information on the Commission or to learn how we can assist your cultural facility project.From: Donald's Yahoo [mailto:[email protected]]

Sent: Wednesday, December 22, 2010 4:15 PMTo: Kathy Fox

Cc: ; ; Tony Capaci; Chris Bruner; Amy Rice; ; KenRobinsonSubject: Re: Freedom Center - Guarantee....

KathyThanks for your response to John's note. If Ben's cash flow did not show the escrowed amount it should have. Inaddition, based on our last phone conversation, I believe we shoild have the opportunity to respond to the staffreport. This in light of the fact we have made significant budget adjustments that will give us a strong option forsustainability without federalization.


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I look forward to discussing this further after the first of the new year.

Have a Meery Christmas and a very prosperous New Year.

Warm regards,

Don

No greater love hath a man than this: to lay down his life for his friends.

On Dec 22, 2010, at 14:54, "Kathy Fox" wrote:

John,

Thankyouforyournoteregardingthestatusoftheguarantydocumentsforthe$850,000

appropriation. Wewilllookforwardtoreceivingthemwithinafewweeks.

YoualsoinquiredabouttheescrowedfundstheCommissionisholdingintheeventamanagement

transitionisrequiredforthefacility,asspecifiedinourexistingagreementswiththeFreedomCenter.

Ourfinancialanalysisgroupreviewedtherecentrequesttoreleasetheescrowedfunds,andisunable

torecommendsuchareleaseevenwithaguaranty. Intheeventthatfederalizationdoesnotoccurand

theFreedomCenterisunabletocontinuetooperatethebuilding,theescrowedfundswillbeneededto

provideforutilities,securityandinsuranceonthebuildinguntilsuchtimeasanewnonprofitcultural

usecanbeputinplace,orthereisanothersuitabledispositionforthebuilding. Ourfinancialanalysis

grouphasincludeditsrecommendationsinourdraftstaffreport,which isnowbeingreviewedbythe

CommissionTreasurer. Ourfinancialanalysisgroupalsoreviewedthecashflowprojectionprovidedby

BenReeceattheFreedomCenter.Thecashflowprojectionanticipates$850,000fromtheCommission

inFebruary2011,butdoesnotindicateareturnoftheescrowedfunds.

OncetheCommissionTreasurerhasprovidedhisfeedbackonthedraftreport,wewillsendthereport

totheFreedomCenterforyourinformation. PleasenotethatourofficewillbeclosedbeginningFriday,

December24throughtheendoftheyearformandatoryCostSavingsfurloughdays. Ourofficewill

reopenonMonday,January3,2011.

Bestregards,

Kathy



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Executive Director

Ohio Cultural Facilities Commission

100 E. Broad Street, Suite 300Columbus, OH 43215-3661

Vox: 614.752.2770

Fax: 614-752-2775

e-mail: [email protected]

[email protected]


Building Culture in Ohio's Communities: The Ohio Cultural Facilities Commission, formerly the Ohio Arts & Sports FacilitiesCommission, oversees capital improvement funds appropriated by the Ohio General Assembly and Governor for community culturalfacility projects including non-profit theaters, museums, historical sites and publicly owned professional sports venues. You areinvited to visit www.culture.ohio.gov or call (614) 752-2770 for more information on the Commission or to learn how we can assistyour cultural facility project.

From:[email protected] [mailto:[email protected]]Sent: Tuesday, December 21, 2010 1:41 PMTo: Kathy FoxCc:[email protected]

Subject: Freedom Center - Guarantee....

Kathy,

I have the documents supporting the $850,000 and have sent them on to my lawyer. I expect we'll beable to process these quite quickly.

There is the additional $450,000 or so that is also being held in escrow that my wife and I want toguarantee so they can also be released in February. This, of course, is as we talked in the past. Could Iask that documents covering these funds also be sent to me so I can move them along.

Best regards,

John Pepper


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Chris Bruner

From: Donald's Yahoo [[email protected]]Sent: Wednesday, December 22, 2010 4:15 PMTo: Kathy FoxCc: ; ; Tony Capaci; Chris Bruner; Amy Rice; ; Ken RobinsonSubject: Re: Freedom Center - Guarantee....

KathyThanks for your response to John's note. If Ben's cash flow did not show the escrowed amount it should have. Inaddition, based on our last phone conversation, I believe we shoild have the opportunity to respond to the staffreport. This in light of the fact we have made significant budget adjustments that will give us a strong option forsustainability without federalization.

I look forward to discussing this further after the first of the new year.

Have a Meery Christmas and a very prosperous New Year.

Warm regards,

Don

No greater love hath a man than this: to lay down his life for his friends.

On Dec 22, 2010, at 14:54, "Kathy Fox" wrote:

John,

Thankyouforyournoteregardingthestatusoftheguarantydocumentsforthe$850,000

appropriation. Wewilllookforwardtoreceivingthemwithinafewweeks.

YoualsoinquiredabouttheescrowedfundstheCommissionisholdingintheeventamanagement

transitionisrequiredforthefacility,asspecifiedinourexistingagreementswiththeFreedomCenter.

Ourfinancialanalysisgroupreviewedtherecentrequesttoreleasetheescrowedfunds,andisunable

torecommendsuchareleaseevenwithaguaranty. Intheeventthatfederalizationdoesnotoccurand

theFreedomCenterisunabletocontinuetooperatethebuilding,theescrowedfundswillbeneededto

provideforutilities,securityandinsuranceonthebuildinguntilsuchtimeasanewnonprofitculturalusecanbeputinplace,orthereisanothersuitabledispositionforthebuilding. Ourfinancialanalysis

grouphasincludeditsrecommendationsinourdraftstaffreport,which isnowbeingreviewedbythe

CommissionTreasurer. Ourfinancialanalysisgroupalsoreviewedthecashflowprojectionprovidedby

BenReeceattheFreedomCenter.Thecashflowprojectionanticipates$850,000fromtheCommission

inFebruary2011,butdoesnotindicateareturnoftheescrowedfunds.


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OncetheCommissionTreasurerhasprovidedhisfeedbackonthedraftreport,wewillsendthereport

totheFreedomCenterforyourinformation. PleasenotethatourofficewillbeclosedbeginningFriday,

December24throughtheendoftheyearformandatoryCostSavingsfurloughdays. Ourofficewill

reopenonMonday,January3,2011.

Bestregards,

Kathy


Executive Director

Ohio Cultural Facilities Commission

100 E. Broad Street, Suite 300Columbus, OH 43215-3661

Vox: 614.752.2770

Fax: 614-752-2775

e-mail: [email protected]

[email protected]


Building Culture in Ohio's Communities: The Ohio Cultural Facilities Commission, formerly the Ohio Arts & Sports FacilitiesCommission, oversees capital improvement funds appropriated by the Ohio General Assembly and Governor for community culturalfacility projects including non-profit theaters, museums, historical sites and publicly owned professional sports venues. You areinvited to visit www.culture.ohio.gov or call (614) 752-2770 for more information on the Commission or to learn how we can assistyour cultural facility project.

From:[email protected] [mailto:[email protected]]

Sent: Tuesday, December 21, 2010 1:41 PMTo: Kathy FoxCc:[email protected]

Subject: Freedom Center - Guarantee....

Kathy,


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23

I have the documents supporting the $850,000 and have sent them on to my lawyer. I expect we'll beable to process these quite quickly.

There is the additional $450,000 or so that is also being held in escrow that my wife and I want toguarantee so they can also be released in February. This, of course, is as we talked in the past. Could I

ask that documents covering these funds also be sent to me so I can move them along.

Best regards,

John Pepper


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24

Chris Bruner

From: Kathy FoxSent: Wednesday, December 22, 2010 2:55 PMTo: [email protected]: [email protected]; Tony Capaci; Chris Bruner; Amy Rice; National Underground Railroad

Freedom Center ([email protected])Subject: RE: Freedom Center - Guarantee....

John,

Thankyouforyournoteregardingthestatusoftheguarantydocumentsforthe$850,000appropriation. Wewilllook

forwardtoreceivingthemwithinafewweeks.

YoualsoinquiredabouttheescrowedfundstheCommissionisholdingintheeventamanagementtransitionis

requiredforthefacility,asspecifiedinourexistingagreementswiththeFreedomCenter. Ourfinancialanalysisgroup

reviewedtherecentrequesttoreleasetheescrowedfunds,andisunabletorecommendsuchareleaseevenwitha

guaranty. IntheeventthatfederalizationdoesnotoccurandtheFreedomCenterisunabletocontinuetooperatethe

building,theescrowedfundswillbeneededtoprovideforutilities,securityandinsuranceonthebuildinguntilsuch

timeasanewnonprofitculturalusecanbeputinplace,orthereisanothersuitabledispositionforthebuilding. Our

financialanalysisgrouphasincludeditsrecommendationsinourdraftstaffreport,which isnowbeingreviewedbytheCommissionTreasurer. OurfinancialanalysisgroupalsoreviewedthecashflowprojectionprovidedbyBenReeceatthe

FreedomCenter.Thecashflowprojectionanticipates$850,000fromtheCommissioninFebruary2011,butdoesnot

indicateareturnoftheescrowedfunds.

OncetheCommissionTreasurerhasprovidedhisfeedbackonthedraftreport,wewillsendthereporttotheFreedom

Centerforyourinformation. PleasenotethatourofficewillbeclosedbeginningFriday,December24throughtheend

oftheyearformandatoryCostSavingsfurloughdays. OurofficewillreopenonMonday,January3,2011.

Bestregards,

Kathy



[email protected]


Building Culture in Ohio's Communities: The Ohio Cultural Facilities Commission, formerly the Ohio Arts & Sports Facilities Commission, oversees

capital improvement funds appropriated by the Ohio General Assembly and Governor for community cultural facility projects including non-profittheaters, museums, historical sites and publicly owned professional sports venues. You are invited to visit www.culture.ohio.gov or call (614) 752-2770for more information on the Commission or to learn how we can assist your cultural facility project.From: [email protected] [mailto:[email protected]]


To: Kathy Fox

Cc: [email protected]: Freedom Center - Guarantee....

Kathy,


25/135

25

I have the documents supporting the $850,000 and have sent them on to my lawyer. I expect we'll be able to processthese quite quickly.

There is the additional $450,000 or so that is also being held in escrow that my wife and I want to guarantee so they canalso be released in February. This, of course, is as we talked in the past. Could I ask that documents covering thesefunds also be sent to me so I can move them along.

Best regards,John Pepper


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Chris Bruner

From: Tony CapaciSent: Monday, December 20, 2010 4:58 PMTo: [email protected]: Chris BrunerSubject: board or executive committee approved business plan

Ben,

Ourpreliminaryreportandrecommendationismakingitswaythroughreviewofsomeofthekeyboardmembers.

AlthoughwehavenotheardbackintheentiretyonthereportIthinkatthispointitissafetosaytheCommissionwillbe

requiringoftheFreedomCenteraboardorexecutivecommitteeapprovedbusinessplanaddressingthecashflow

needsoftheFreedomCentershouldthecashprojectionsfallshort. ThisisapointKathyhasdiscussedwithDonandI

wanttogiveyouasmuchtimeaspossibletoattendtoit.

Ifyouhaveanyquestionsletmeknow.

Thanks


December31,2010at5p.m. WewillreopenMonday,January3,2011at8a.m

TonyCapaci






Fax:6147522775





sportsvenues.Youareinvitedtovisitwww.culture.ohio.govorcall(614)7522770formoreinformationontheCommissionortolearnhowwecanassistyourculturalfacilityproject.


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Chris Bruner

From: Amy RiceSent: Thursday, December 16, 2010 10:00 AMTo: Tony Capaci; '[email protected]'Cc: Chris Bruner; National Underground Railroad Freedom Center ([email protected])Subject: RE: release of liens/title of opinionAttachments: title opinion letter form.doc

Ben,

AttachedisthetitleopinionlettertemplateTonymentionedbelow.Pleasehaveyourattorneycompleteandforwardas

quickaspossible.

Thankyou,

Amy

Amy RiceChief Project Manager

Ohio Cultural Facilities Commission100 E. Broad Street, Suite 300Columbus, OH 43215-3416




Building Culture in Ohio's Communities:The Ohio Cultural Facilities Commission, formerly the Ohio Arts & Sports Facilities Commission, oversees

capital improvement funds appropriated by the Ohio General Assembly and Governor for community cultural facility projects including non-profittheaters, museums, historical sites and publicly owned professional sports venues. You are invited to visit www.culture.ohio.gov or call (614) 752-2770for more information on the Commission or to learn how we can assist your cultural facility project.

From: Tony CapaciSent: Tuesday, December 14, 2010 10:57 AM

To: [email protected]: Chris Bruner; Amy Rice; National Underground Railroad Freedom Center ([email protected])Subject: release of liens/title of opinion

Ben,


building. (Inthepastthereweresomeissueswithmechanicsliens)Amywillforwardyouacopyoftheopinionoftitle


Pleaserespond.

Thanks,


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TonyCapaci






Fax:6147522775








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Chris Bruner

From: Kathy FoxSent: Tuesday, December 14, 2010 6:02 PMTo: Tom RoccoCc: Amy Rice; Jessica DeLong; Tony Capaci; Chris Bruner; National Underground Railroad

Freedom Center ([email protected])Subject: RE: NURFC guaranty doc

ThanksTom. IveupdatedtheToDolistsoourstaffcanmovethistothenextstep.

Kathy



[email protected]


Building Culture in Ohio's Communities: The Ohio Cultural Facilities Commission, formerly the Ohio Arts & Sports Facilities Commission, overseescapital improvement funds appropriated by the Ohio General Assembly and Governor for community cultural facility projects including non-profittheaters, museums, historical sites and publicly owned professional sports venues. You are invited to visit www.culture.ohio.gov or call (614) 752-2770for more information on the Commission or to learn how we can assist your cultural facility project.From: Tom Rocco [mailto:[email protected]]Sent: Tuesday, December 14, 2010 5:05 PMTo: Kathy FoxSubject: NURFC

I

have

drafted

and

upload

to

Sharepoint

a

guaranty

for

execution

by

the

Peppers.


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30

Chris Bruner

From: Tony CapaciSent: Tuesday, December 14, 2010 11:06 AMTo: Amy Rice; Jessica DeLong; Chris BrunerCc: National Underground Railroad Freedom Center ([email protected])Subject: FW: release of liens/title of opinion


Sent: Tuesday, December 14, 2010 11:07 AMTo: Tony CapaciSubject: Re: release of liens/title of opinion

Tony,

To best of my knowledge, there are no liens against the Center at this time.

From: "Tony Capaci" To: Cc: "Chris Bruner" , "Amy Rice" , Date: 12/14/2010 11:01 AMSubject: release of liens/title of opinion

Ben,Asyoumayrecallwewillrequireatitleofopinionletteronyourattorneysletterheadconfirmingcleantitletothebuilding. (Inthe

pastthereweresomeissueswithmechanicsliens)Amywillforwardyouacopyoftheopinionoftitletemplatehowever,untilthenI

wouldlikeyourconfirmthattitleisclean. Isupposethebanksremovedalloftheirliens.Pleaserespond.Thanks,

TonyCapaci






Fax:6147522775


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31


website:www.culture.ohio.govTheOhioCulturalFacilitiesCommission,formerlytheOhioArts&SportsFacilitiesCommission,overseescapitalimprovementfundsappropriatedbytheOhioGeneral

AssemblyandGovernorforcommunityculturalfacilityprojectsincludingnonprofit theaters,museums,historicalsitesandpubliclyownedprofessionalsportsvenues.You

areinvitedtovisitwww.culture.ohio.govorcall(614)7522770formoreinformationontheCommissionortolearnhowwecanassistyourculturalfacilityproject.


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Chris Bruner

From: Tony CapaciSent: Tuesday, December 14, 2010 11:00 AMTo: Amy RiceCc: Chris Bruner; National Underground Railroad Freedom Center ([email protected])Subject: changes to Nurfc resolution/guaranty

Amy,

Ihavemadechangestothenurfcpasrwhich(ifKathy)acceptsthemwillchangetheconditionsofapprovalandalsothe

resolution. Also,thechangeswillaffecttheJohnPepperguarantee.(IbelieveJDhasdrafteditsofar?)

Thanks,

TonyCapaci


OhioCulturalFacilitiesCommission100E.BroadStreet,Suite300



Fax:6147522775








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33

Chris Bruner

From: Tony CapaciSent: Tuesday, December 14, 2010 10:57 AMTo: [email protected]: Chris Bruner; Amy Rice; National Underground Railroad Freedom Center (594

@ocfcsp.oasfc.local)Subject: release of liens/title of opinion

Ben,


building. (Inthepastthereweresomeissueswithmechanicsliens)Amywillforwardyouacopyoftheopinionoftitle


Pleaserespond.

Thanks,

TonyCapaci






Fax:6147522775





sportsvenues.Youareinvitedtovisitwww.culture.ohio.govorcall(614)7522770formoreinformationontheCommissionortolearnhowwecanassistyourculturalfacilityproject.


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Chris Bruner

From: Chris BrunerSent: Tuesday, December 14, 2010 9:33 AMTo: Tony CapaciSubject: NURFC -- Hamilton County Recorder's results (with links)

Unregistered Land:Indiv. Names | Corporations | Book/Page # | Document # | Subdiv/Lot | Sect/Town/Range | Mil. SurveyRegistered Land:Indiv. Names | Corporations | Book/Page # | Document # | Certificate # | By DateOther Searches:Subdivision Index | Military Discharges | Partnership Names | 8th Series Images

Search Unregistered Land: Corporations Select Parties Select Documents

Viewing Results: 1 - 19 of 19Pages: 1

Select Document

Select DocumentNumber

Book/Page

Party Name Document Type DateRecorded

8th Series/ LegalDesc

Status Remarks

02 210522 9060 /4169

NATIONALUNDERGROUNDRAILROAD FREEDOMCENTER INCDECLARATION

DEED 10/21/2002 153 / 10

02 231507 9088 /5322

NATIONALUNDERGROUND

RAILROAD FREEDOMCENTER INC

NOTICE OFCOMMENCEMENT

11/20/2002 153 / 11

03 314573 9191 /7501

NATIONALUNDERGROUNDRAILROAD FREEDOMCENTER INC AMENDED


03/04/2003 153 / 11

03 336373 9215 /6528

NATIONALUNDERGROUNDRAILROAD FREEDOMCENTER INC AMENDED


03/27/2003 153 / 11

03 335991 9215 /5031

NATIONALUNDERGROUNDRAILROAD FREEDOMCENTER INCMEMORANDUM

LEASE 03/27/2003 153 / 10

03 353984 9237 /4717

NATIONALUNDERGROUNDRAILROAD FREEDOMCENTER INC

MORTGAGE 04/16/2003 BANKS, THEPHASE 1 - 3

03 380605 9270 /4095



05/19/2003 BANKS, THEPHASE 1 - 3

03 473751 9379 /4397

NATIONALUNDERGROUNDRAILROAD FREEDOM




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CENTER INC FOURTHAMENDED

03 597200 9492 /3971


MECHANICS LIEN 12/29/2003 BANKS, THEPHASE 1 - 3

04 46715 9529 /2949


CENTER INC

MECHANICS LIEN 02/06/2004 BANKS, THEPHASE 1 - 3

04 46964 9529 /3926


LIEN ON PUBLICFUNDS

02/06/2004 NO LEGAL

04 62935 9549 /12


REAL ESTATE ONFINANCINGSTATEMENT


04 63996 9551 /1042




08 52059 10826

/ 1641

BOARD OF COUNTY

COMMISSIONERS OFHAMILTON COUNTYSECOND AMENDME

DEED 04/17/2008 BANKS, THE

PHASE 1 - 3,BANKS, THEPHASE 1 - 7

08 52671 10829/ 908


RELEASES ONSEPARATEINSTRUMENT


08 109841 10920/ 522


LEASE 08/08/2008

08 145407 10987/ 445


CENTER INC

CONTINUATION OFFINANCINGSTATEMENT


08 150892 10997/ 1024


AMENDMENT OFFINANCINGSTATEMENT


10 50647 11425/ 1428


RELEASES ONSEPARATEINSTRUMENT

05/07/2010 BANKS AVE.SUB - 3

Viewing Results: 1 - 19 of 19

Pages: 1

Hamilton County History

Land Measurement Tables

Cemeteries by Plat Section and PageMerger InformationMailbox Information

DISCLAIMER:The Hamilton County Recorder's Office presents the information on this web site as a service to the public. The Hamilton CountyRecorder reserves the right to make changes and improvements at any time and without notice, and assumes no liability for damages incurred

directly or indirectly as a result of errors, omissions or discrepancies.


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Click link to HAMILTON COUNTY AUDITOR for property ownership information.

Copyright 2001 - 2010 Hamilton County Recorder

ChrisBrunerConsultant




Office:(614)7522774






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Chris Bruner

From: Tony CapaciSent: Thursday, December 09, 2010 10:40 AMTo: Kathy FoxCc: Chris Bruner; National Underground Railroad Freedom Center ([email protected])Subject: FW: NURFC -- Cash flow responses and what we still need from them FW: questions on

cash flowAttachments: Responses to TC email dated 12-6-10.doc

Kathy,

IamfeelingabitbetterandthoughtitbesttocheckinonNurfc.(Iwillbeworkingfromhome(probablyforafewhours

atleast)toattendtoanyhotissuessoIfyouneedmefeelfreetocall(home7405870711;betterthancell;oremail;

thisgoesforyoutooChris)

RegardingtheFreedomCenter,asChrishasindicatedBensresponsestomyconcernsarereasonableenough.

Although,Istillhaveconcernsaboutthelevelofoperatingcostcashoutflowsinthecashflow,Benseemstobelieve

thoselevelsareobtainableandtherefore,Icanmoveclosertorecommending theapproval,contingentonJohn

Peppersguarantee. (Ifweapprovethefunding,weareinnoworseapositionwiththeguaranteeandthefundingwill

gettheFreedomCenterclosertofederalizationwhichultimatelyisourbestshotatattainingculturefromthefacilityfor

the

next

fifteen

years)

However,

that

being

said

there

remains

a

risk

that

the

Freedom

centers

cash

will

not

be

sufficienttogetthemtofederalizationevenwithourfunding(despiteBensreassurances). InorderfortheplanasIunderstandit

toworkthenewDevelopmentDirectorwillhavetobeassuccessfulinfundraisingasisindicatedbythe levelBen

projects,(whichissomewhatofadeviationtothesuccessfulfundraisingstrategytheyhavebeenemploying),thepro

bonolobbyistwillhavetobesuccessfulwiththefederalization,andthedecreasedcashoutflowswillhavetobe

attained. BenhasindicatedDonMurphywilltaketheissueupofthisriskdirectlywithyou. Ultimately,Iwouldlikethe

FreedomCentertoacknowledgetheircashprojectionisnotfailsafeandtheyshouldbeaddressingthepossibleimpact

ofnegativecashbeforefederalization. IfDoncouldsatisfyyouandtheCommissiononthispoint Ithinkwecould

recommendtotheCommissiontogoforwardwiththeapproval. IfyoufeelweneedaboardapprovedplanIwould

supportthathowever,IbelievewecanreachthesamelevelofassurancebydirecttalksbetweenyouandDon.

Letmeknowyourthoughts.

Thanks,

Tony

From: Chris BrunerSent: Wednesday, December 08, 2010 10:04 AMTo: Kathy FoxCc: Tony Capaci; [email protected]: NURFC -- Cash flow responses and what we still need from them FW: questions on cash flow

Kathy:

IhavereviewedBensresponsestoTonyslatestsetofquestions. Theyseemreasonable,butIdonotbelievethenew

informationwillalterourpositiononNURFC,whichwediscussedlastweek.

Itwillstillbeimportanttohavethebackupplan,approvedbytheboardofdirectors,thatdetailsthestepstheywill

takeifthingsturnoutworsethanexpected. Allofthatinformationwillneedtobeincorporatedintoourfinancial

analysisbeforewecanmakeafinalrecommendation.

Thisbackupplaniscurrentlytheonlypieceofinformationonwhichwearewaiting. TonylastrequesteditonMonday,

December6,2010.

Thanks,


38/135

38

CB





Office:(614)7522774Email:[email protected]


From: Tony Capaci

Sent: Wednesday, December 08, 2010 9:33 AMTo: Chris BrunerSubject: FW: questions on cash flow

KathyaskedmetoforwardthisresponsethatTonyreceivedfromNURFC

Keith WileyManagement Information CoordinatorOhio Cultural Facilities Commission100 E. Broad Street, Suite 300Columbus, OH 43215-3661



From: [email protected] [mailto:[email protected]]Sent: Monday, December 06, 2010 2:12 PMTo: Tony Capaci

Subject: RE: questions on cash flow

Tony,

Attached is my response to your three questions below, I believe Don has asked Kathy for clarification to your lastparagraph. Please let me know if you have any other questions.

Thank you,


39/135

39

From: "Tony Capaci" To: Cc: "Kathy Fox" , "Chris Bruner" , Date: 12/06/2010 01:20 PMSubject: RE: questions on cash flow

Ben,Thankyouforyourresponse,IhopeyouarefeelingbetterandIhopeallwentwellwithyourmotherssurgery. Ihavereviewed

yourresponseandhaveafewmorequestions:1) Couldyoukindlybackoutanypermanentlyrestrictedfundsincludedascashinflowinthecashflowandresubmit.2) IamnotclearonyourexplanationtomyDOEfundingquestion. Letmerephrasemyquestion;Footnote#2inthe12/31/09

audit indicates$400kistobereceivedfromtheDOEbetweentheperiod10/1/099/30/11however,yourcashflowindicates$760K

ofcashcominginfromtheDOEbetween10/1/10 9/30/11. Youmentionaccrualshowever,sinceitisacashflowtheonlyaspect

weareconcernedwithishowmuchcashincomingin. PleaseconfirmtometheexpectedcashcominginfromtheDOEbetween

nowand9/30/11andadjustthecashflowifneedbe.3) Youindicateoperatingexpenseshavebeensignificantlyreducedintheareaofprofessionallobbyist,fundraisingandtraveling

exhibits.

However,Isuspecttheprofessionallobbyistwasusedtoassistintheobtainingofthefederallegislationandthefundraising

obviouslytobeusedinhelpingtoattainyourfundraisingcashinflowprojection. Inoteyourfundraisingcashinflowprojectionisin

keepingwiththeactualfundraisingrevenuesrecordedinyourYTD9/30/10financials(whichissignificantlyhigherthanactual

previousyears)however,ifyoureducefundraisingcostswillyoubeabletomaintainthefundraisinginflowlevelsindicatedinthe

cashflow?Also,howwillcuttinglobbyistaffecttheoutcomeofthefederallegislation?

Informulatingmyrecommendation totheCommissiontoapprovetheOCFCfundingandinadditiontoMr.PeppersguaranteeIwill

be

looking

at

the

probability

of

the

Freedom

Centers

ability

to

remain

viable

until

Federalization

occurs,

assuming

OCFC

funding

in

February2011. Iknowitisyourunderstandingthefull$3MofFederaldollarswillbereceivedinOctober2011, fundraisingwill

continueatthoselevelsrecentlyobtainedinyourYTD2010numbers, andreducedoperatingcostwillberealizedasisindicatedby

yourcashprojectionhowever,intheeventthoseexpectationsarenotfullyrealized doestheboardhaveabackupplan? Kindly

sharewithmeyoursentimentssoImayprepareforthepossibilityofthosereservations.

Thanks,Tony

From: [email protected] [mailto:[email protected]]Sent: Monday, December 06, 2010 10:46 AM


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To: Tony CapaciSubject: RE: questions on cash flow

Tony,

I was out sick for much of last week. Attached is my response to your questions below, please let me know if you haveany other questions.

Thank you,


Ben,Ihavereviewedthe15monthcashflowandhaveafewquestions:1) WhenIcomparetheprivatesupportinthecashflowtothetotalsupportinthefinancialstatementat9/30/10(annualized)the

cashflowprojectionsappeartolineup. However,whenIbackthepermanentlyrestrictedandtemporarilyrestrictedcashfromthe

9/31/10financialtheunrestrictedsupport(onanannualizedbasis)appearstobequiteabitlowerthanthe2011projection. I

suspectthepermanentlyrestrictedfundraisingonthe9/30/10financialisfortheoperatingendowmentandshouldnotbeincluded

inaprojected(operating)cashflow. Didyoubaseyourprojectionofthecashflowontheactualfundraisingachievedasshownin

the9/30/10financialsincludingtemporarilyrestrictedsupport. Whataretherestrictionsontemporarilyrestrictedthatyou

anticipatewillallowittobeincludedforgeneraloperatingpurposes?

2) Isee$485Kin12/10forDOEand$275Kthrough9/2011alsoforDOEforatotalof$760K(IassumenoDOEfundshavebeen

collectedatYTD9/30/10)However,footnote#2inthe9/30/09auditstatesthetwoyearDOEgrantforthetwoyearperiod10/1/09

9/30/11is$400K?whythedifference? ArestateDOEfundsincludedwiththeFederalinthecashflow?3) Theoperatingexpensesontheaccrualbasisasindicatedinthe9/30/09audit(netofdepreciation)are

approximately$8.2M;theoperatingexpensesfor2010asindicatedontheproformaare$6.2M(alsoonthe

accrualbasis);YTDexpensesnetofdepreciationonthe9/30/10statementofactivityare$5.6Mfor9months

or$7.6M(annualized);proforma2011are$5.6M; thecashoutflowsonthecashflowtotal$5.6Mfor2011.

2011proformaand cashflowisquiteadecreasefrom FYE09,proforma2010andannualized2010. Whatare

thecutsincostsfromthe9/30/09auditthatwillaccountfor$1.6M?


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IammeetingwithKathythisafternoontodiscussthecashflowandifatallpossibleIwouldliketoincludeyourresponses. Ifnot

possibleIwillupdateKathyonyourresponseonceIreceiveit.

Thanks,

From: [email protected] [mailto:[email protected]]Sent: Monday, November 29, 2010 3:01 PMTo: Tony CapaciSubject: Re: estimated security cost for six months ( mothballed)

Attached are the cash flow statements requested, both are in one file.

As for estimating security cost, I would offer up that the systems be setup to automaticallycontact either the local police or fire station or simply keep Guardsmark on call for anautomatic notification from the system, which would limit the cost to actual time needed,Currently we pay an average of $18 per hour for Guardsmark Security Services. If deemed

necessary a guard could be kept at the console 24/7, we currently only have 24 hour coveragesix days a week.. I would estimate 24/7 service at a cost of $79,000 (365 days X 24 Hours x .5

X $18 per hour). Please let me know if you have any other questions.

From: "Tony Capaci" To: Cc: "Chris Bruner" , Date: 11/23/2010 04:26 PMSubject: estimated security cost for six months ( mothballed)

Ben,Couldyoukindlygiveusanestimatedsecuritycostforsixmonthsifthebuildingweretobemothballed.


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Thanks,

HolidayOfficeClosure: TheOhioCulturalFacilitiesofficewillbeclosedonThursday,November25andFriday,November26forThanksgivingWeekend. TheofficewillreopenonMonday,November29at8a.m.TonyCapaci






Fax:6147522775






43/135

43

Chris Bruner

From: Chris BrunerSent: Wednesday, December 08, 2010 10:04 AMTo: Kathy FoxCc: Tony Capaci; '[email protected]'Subject: NURFC -- Cash flow responses and what we still need from them FW: questions on cash flowAttachments: Responses to TC email dated 12-6-10.doc

Kathy:

IhavereviewedBensresponsestoTonyslatestsetofquestions. Theyseemreasonable,butIdonotbelievethenew

informationwillalterourpositiononNURFC,whichwediscussedlastweek.

Itwillstillbeimportanttohavethebackupplan,approvedbytheboardofdirectors,thatdetailsthestepstheywill

takeifthingsturnoutworsethanexpected. Allofthatinformationwillneedtobeincorporatedintoourfinancial

analysisbeforewecanmakeafinalrecommendation.

Thisbackupplaniscurrentlytheonlypieceofinformationonwhichwearewaiting. TonylastrequesteditonMonday,

December6,2010.

Thanks,

CB





Office:

(614)752

2774



From: Tony Capaci

Sent: Wednesday, December 08, 2010 9:33 AMTo: Chris Bruner

Subject: FW: questions on cash flow




Building Culture in Ohio's Communities:The Ohio Cultural Facilities Commission, formerly the Ohio Arts & Sports Facilities Commission, overseescapital improvement funds appropriated by the Ohio General Assembly and Governor for community cultural facility projects including non-profit


44/135

44

theaters, museums, historical sites and publicly owned professional sports venues. You are invited to visit www.culture.ohio.gov or call (614) 752-2770for more information on the Commission or to learn how we can assist your cultural facility project.

From: [email protected] [mailto:[email protected]]

Sent: Monday, December 06, 2010 2:12 PM

To: Tony Capaci

Subject: RE: questions on cash flow

Tony,


Thank you,



yourresponseandhaveafewmorequestions:

1)

Could

you

kindly

back

out

any

permanently

restricted

funds

included

as

cash

inflow

in

the

cash

flow

and

resubmit.2) IamnotclearonyourexplanationtomyDOEfundingquestion. Letmerephrasemyquestion;Footnote#2inthe12/31/09





exhibits.


obviouslytobeusedinhelpingtoattainyourfundraisingcashinflowprojection. Inoteyourfundraisingcashinflowprojectionisin

keepingwiththeactualfundraisingrevenuesrecordedinyourYTD9/30/10financials(whichissignificantlyhigherthanactual


45/135

45




belookingattheprobabilityoftheFreedomCentersability toremainviableuntilFederalizationoccurs,assumingOCFCfundingin





Thanks,Tony

From: [email protected] [mailto:[email protected]]Sent: Monday, December 06, 2010 10:46 AMTo: Tony CapaciSubject: RE: questions on cash flow

Tony,


Thank you,






46/135

46


inaprojected(operating)cashflow. Didyoubaseyourprojectionofthecashflowontheactualfundraisingachievedasshownin


anticipatewillallowittobeincludedforgeneraloperatingpurposes?2) Isee$485Kin12/10forDOEand$275Kthrough9/2011alsoforDOEforatotalof$760K(IassumenoDOEfundshavebeen


9/30/11is$400K?whythedifference? ArestateDOEfundsincludedwiththeFederalinthecashflow?

3) Theoperatingexpensesontheaccrualbasisasindicatedinthe9/30/09audit(netofdepreciation)are








Thanks,

From: [email protected] [mailto:[email protected]]Sent: Monday, November 29, 2010 3:01 PMTo: Tony CapaciSubject: Re: estimated security cost for six months ( mothballed)


As for estimating security cost, I would offer up that the systems be setup to automaticallycontact either the local police or fire station or simply keep Guardsmark on call for anautomatic notification from the system, which would limit the cost to actual time needed,Currently we pay an average of $18 per hour for Guardsmark Security Services. If deemed

necessary a guard could be kept at the console 24/7, we currently only have 24 hour coveragesix days a week.. I would estimate 24/7 service at a cost of $79,000 (365 days X 24 Hours x .5X $18 per hour). Please let me know if you have any other questions.

From: "Tony Capaci" To:


47/135

47

Cc: "Chris Bruner" , Date: 11/23/2010 04:26 PMSubject: estimated security cost for six months ( mothballed)

Ben,Couldyoukindlygiveusanestimatedsecuritycostforsixmonthsifthebuildingweretobemothballed.Thanks,

HolidayOfficeClosure: TheOhioCulturalFacilitiesofficewillbeclosedonThursday,November25andFriday,November26forThanksgivingWeekend. TheofficewillreopenonMonday,November29at8a.m.

Tony

Capaci






Fax:6147522775






48/135

48

Chris Bruner

From: Tony CapaciSent: Wednesday, December 08, 2010 9:33 AMTo: Chris BrunerSubject: FW: questions on cash flowAttachments: Responses to TC email dated 12-6-10.doc






Sent: Monday, December 06, 2010 2:12 PM

To: Tony CapaciSubject: RE: questions on cash flow

Tony,


Thank you,


49/135

49



yourresponseandhaveafewmorequestions:1) Couldyoukindlybackoutanypermanentlyrestrictedfundsincludedascashinflowinthecashflowandresubmit.2) IamnotclearonyourexplanationtomyDOEfundingquestion. Letmerephrasemyquestion;Footnote#2inthe12/31/09





exhibits.


obviously

to

be

used

in

helping

to

attain

your

fundraising

cash

inflow

projection.

I

note

your

fundraising

cash

inflow

projection

is

inkeepingwiththeactualfundraisingrevenuesrecordedinyourYTD9/30/10financials(whichissignificantlyhigherthanactual




belookingattheprobabilityoftheFreedomCentersability toremainviableuntilFederalizationoccurs,assumingOCFCfundingin





Thanks,

Tony


Sent: Monday, December 06, 2010 10:46 AMTo: Tony CapaciSubject: RE: questions on cash flow

Tony,


Thank you,


50/135

50






in

a

projected

(operating)

cash

flow.

Did

you

base

your

projection

of

the

cash

flow

on

the

actual

fundraising

achieved

as

shown

in


anticipatewillallowittobeincludedforgeneraloperatingpurposes?2) Isee$485Kin12/10forDOEand$275Kthrough9/2011alsoforDOEforatotalof$760K(IassumenoDOEfundshavebeen


9/30/11is$400K?whythedifference? ArestateDOEfundsincludedwiththeFederalinthecashflow?3) Theoperatingexpensesontheaccrualbasisasindicatedinthe9/30/09audit(netofdepreciation)are








Thanks,

From: [email protected] [mailto:[email protected]]Sent: Monday, November 29, 2010 3:01 PM


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51

To: Tony CapaciSubject: Re: estimated security cost for six months ( mothballed)


As for estimating security cost, I would offer up that the systems be setup to automaticallycontact either the local police or fire station or simply keep Guardsmark on call for anautomatic notification from the system, which would limit the cost to actual time needed,

Currently we pay an average of $18 per hour for Guardsmark Security Services. If deemednecessary a guard could be kept at the console 24/7, we currently only have 24 hour coveragesix days a week.. I would estimate 24/7 service at a cost of $79,000 (365 days X 24 Hours x .5X $18 per hour). Please let me know if you have any other questions.

From: "Tony Capaci" To: Cc: "Chris Bruner" , Date: 11/23/2010 04:26 PMSubject: estimated security cost for six months ( mothballed)

Ben,Couldyoukindlygiveusanestimatedsecuritycostforsixmonthsifthebuildingweretobemothballed.

Thanks,

HolidayOfficeClosure: TheOhioCulturalFacilitiesofficewillbeclosedonThursday,November25andFriday,November26forThanksgivingWeekend. TheofficewillreopenonMonday,November29at8a.m.TonyCapaci





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Fax:6147522775






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Chris Bruner

From: Kathy FoxSent: Tuesday, December 07, 2010 3:37 PMTo: [email protected]: [email protected]; [email protected]; [email protected]; [email protected];

Tony Capaci; Chris BrunerSubject: RE: A Question--Freedom Cdenter

John,

Thankyou. Wearepreparingtheguarantydocument,whichwillthenbereviewedbytheAttorneyGeneralsoffice.

Oncethatiscompletewewillforwardittoyou.

Best,

Kathy



[email protected]


Building Culture in Ohio's Communities: The Ohio Cultural Facilities Commission, formerly the Ohio Arts & Sports Facilities Commission, overseescapital improvement funds appropriated by the Ohio General Assembly and Governor for community cultural facility projects including non-profittheaters, museums, historical sites and publicly owned professional sports venues. You are invited to visitwww.culture.ohio.govor call (614) 752-2770for more information on the Commission or to learn how we can assist your cultural facility project.From: [email protected] [mailto:[email protected]]

Sent: Sunday, December 05, 2010 10:28 AM

To: Kathy FoxCc: [email protected]; [email protected]; [email protected]; [email protected]; Tony Capaci; Chris BrunerSubject

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