THE FOLLOWING E-MAIL HAS BEEN SENT TO TRUSTEES:
Dear Trustee :
In this evening's meeting you will be selecting one of three options regarding the Blue Shield Building.
I urge you to vote for Option 1.
Due to the instability of the financial markets and the Real Estate Market and general economic downturn, you have a unique opportuinty to abandon the purchase of the building.
While people are losing homes to foreclosure, jobs are being lost, retirment desimated, the preception of buying this building sends the wrong message to the taxpayers.
I know that you and three other members of the board have voted in a block, and as of this morning the public believes you will do so once again.
The volitility in the Bond market puts into question the marketability of the Certificates of Participation as well as the interest factor.
The perception of your performace could change substantially with a vote for Option 1.
This is a golden opportunity to turn the Board around and you could be an integral part of this change.
Let's put an end to the turmoil surrounding this building, not just extend it far into the future
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