Leland,

> What do you estimate the percent of complete through the 
> overruns (e.g. 
> 75%, 85%, 95%).

The bank says they have disbursed 78% of our construction funding. But the
estimate of where we actually are will require some effort to calculate. I
won't know that answer until I spend some time with the numbers and figure
out what happened to get us where we are.

The bank rep says she's fast-tracking my request for a loan increase. We've
crossed the first hurdle. Now they have to pull a new appraisal and do the
title search.

Kristyne McDaniel




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