I From: Saul, Michael Sent: Friday, April2, 2010 7:43PM To: Stokes, Keith ; Rob Stolzman Esq. RE: 38 Subject: We will get something done asap. Sent from my Windows Mobile® phone. ----Original Message----From: Stokes, Keith Sent: Friday, April 02, 2010 7:28 PM To: Saul, Michael Subject: Re: 38 Steve Constantino wants to move on it next week. He has also spoken to Steve Lane. Rich is simply reaching out to us before Slater Board Meetiug Sent from my iPhone On Apr 2, 2010, at 7:25PM, "Saul, Michael" wrote: > Rob and I met and framed it . When do you need it? Is that what > Rich is on our calendar for Tuesday? > > Sent from my Windows Mobile® phone. > > -----Original Message----> From: Stokes, Keith >Sent: Friday, April 02, 2010 7:08PM >To: Saul, Michael >Subject: Re: 38 > > Mike, did you have any time to draft quick Slater Pund plan? Keith > > Sent from my iPhone > >On Apr 2, 2010, at 6:10PM, "Saul, Michael" wrote: > >>The company needs to koow the Kushner has passed within two weeks. >> A Tuesday hearing on the program will require some preparation. >> BRNonPrivileged016249 ---------------- ---- I »Company is leaning toward bond vs loan. They are talking with Wells '>>Fargo's municipal gronp. They will need $3.5-5.0 mm bridge loan >>with a bond closing in 6-8 weeks. >> » Sent from my Windows Mobile® phone. >> » ---Original Message--->> From: Stolzman, Rob »Sent: Friday, April 02,2010 5:42PM >>To: kstokes@riede.com ; msanl@riedc.com >>; fhashway@riede.com >> Subject: Re: 38 >> >>Hi all. We are not ready to annonnce 38 Studios. We can do a hearing >> on the program and not 38 Studios per se. If we talked about the >>need for a growth capital guarantee program then they can approve >>that generally and we can later approve the company as planned. >>While that wouls fuel speculation, it wculd help the company to have >>the Kushner in hand. Mike can fiU you in on the company's needs, >>but they need to know if we can perform right away, then 60 to 90 >>days to close. >> >>Rob >> >>To comply with m.s regulations, we advise that any discussion of »Federal tax issues in this e-mail is not intended or written to be >>used, and cannot be used, (i) to avoid any penalties bnposed under >> the Internal Revenue Code or (ii) to promote, market or recommend to >>another party any transaction or matter addressed herein. >> >>This e-mail message is confidential and is intended only for the >>named recipient(s). It may contain information that is subject to >>the attorney client privilege or the attorney work-product doctrine >>or that is otherwise exempt from disclosure under applicable law. If >>you have received this e~mail message in error, or are not the named » rccipicnt(s), please bnmcdiatcly notify tho sender and delete this >>message from your computer and destroy all copies. Thank you. >> >> __________________________ >> >> From: Stokes, Keith »To: Saul, Michael ; Stolzman, Rob; Hasbway, Fred >> »Sent: Fri Apr02 17:36:18 2010 » Subject: 38 >> BRNonPrivileged016250 . ·----------------------------------- >> >> >>I have been speaking v,ilb Steve Constantino regarding our project >> and he has boon directed by Speaker to post for hearing next Tuesday >> lbe budget article for EDC. I told Steve we are nowhere ready for a » public hearing and I am arranging for meeting wilb Gov and several >> EDC board members lbat will not happen until next Thursday. Also, I >>will be briefing Senator Daponte tomorrow. I will speak wilb Gordon >>and Mike Corso tonight wilb a request that we may not go lbe >> supplemental budget route, but instead drop legislation or place in » FY20 I I budget. The question is, will a rnonlb + delay loose lbe >>interest 38? 1 am very concerned that a hearing Tuesday is » premature. Your lboughts? Keilb >> >> >> >> >> >> Koilb Stokes >>Executive Director >>Rhode Island Economic Development Corporation » 315lron Horse Way, Suite 101, Providence, RI 02908 » 401.278.91001401.273.8270 fux >>email kstokes@riedc.com 1web www.riedc.com >> >> >> >> >>This e-mail message may contain confidential information helongiog >>to the sender. If you are not lbo intended recipient, the >>disclosure, dissemination, distribution, copying, ornse of the >>information contained in Ibis e-mail message or any attachment is » strictly prohibited. If you are not lbo intended recipient please >>notifY the Rhode Island Economic Development Corporation at 401.278.9100 »,and purge this e-mail from your computer system innnediately. >> >> >> BRNonPrivileged016251