EFTA02465259

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From: jeffrey E. <[email protected]> Sent: Friday, April 22, 2016 10:01 PM To: Farkas, Andrew L. Subject: Re: Fw: ill take the 200k =div class="gmail_quote">On Fri, Apr 22, 2016 at 5:52 PM, Farkas, Andrew =. <mailto rote: For your reading pleasure Sent from my BlackBerry 10 smartphone. From: Mukamal, Thomas < Sent: Thursday, April 14, 2016 4:30 PM To: Farkas, Andrew L Subject: RE: Andrew — AYH does have $3MM in cash. We have discussed=in the past with Jeffrey that the docks need some work and we rehabilitate= p -dock quite nicely using mostly Paeiwonsky and Hoffman's money. That was our test case as we have explained=to his guys in the past. We are in the process of costing a similar =ehabilitation to our AYH docks and some other upgrades — and addit=onally the availability of a federal infrastructure grant to supplement some of our money. This will be completed in around 6-= weeks. ATM is completing some engineering work and we want to get s=meone underwater to look at some of the structural pilings. We would=also like to see if we are getting higher rates on the new P-dock to see the extent of the ROI associated with the spend.=C2 There are some other upgrades/refurbishments on the land as well tha= are being costed. We also needed to close our loan extension to mak= sure this money was available. That just closed last week. The nuance here is that AYH's EDC benefits =xpire at year end. I spoke to Darren Indyke yesterday about this and=that