They're giving us dollars that we're going to pay back. This is not like the beef plant ... this is a loan.
Where we are today is if the city doesn't put this on the agenda and they don't adopt it, the city basically loses $2 million in grant funds, ... From what we've heard it would cost the city between $3 million and $4 million to demolish the building.
We're going to get it (the money). I'm confident. Our plan is to be working on the construction of this building before the end of the year.
We thought his proposal would add the most value to the area and the most economic benefit to the school district.