I'm trying hard to find a way to respect the decision the Park Board made to
over ride Mayor Rybak's veto.  What I'm interested in knowing is whether or not
the Park Board asked for a new finanical analysis after it was pointed out on
the list by Mike Hohmann that their first report did not use a discount rate
(that is, it didn't take into account the time value of money) which invalidates
it.  I mean, really!  Analyzing for Present Value is elementary, without it all
conclusions are invalid.

It's hard to respect decisions that are willfully made without data, or with
data that is known to be suspect or downright inaccurate.  I don't want to make
any assumptions about this -- so please, Park Board members -- tell us if you
did get an accurate analysis.  And, if you did, would you please also tell us
the assumptions used in making the analysis.  That, too, can make all the
difference.
Barbara Nelson
Burnsville
Once and future Minneapolitan


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