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8. PUBLIC COMMENTS (Cont'd bids taken, if you don't advertise ?" Mr. Kagel said, "You have a point, Mr. Schrager, and I think that the specifics are what you probably want to get into here." Ms. Derbeck stated, "I think he has been very specific, myself." In response to Mrs. Allen's question whether some time back we had a national person working on this with that incentive and that there was money for national advertising for this project for people to come in for use of the land, Mr. Brownell advised, "So far, from the advertising that we have done, we have never received a bid on any advertising for the sale of a parcel. Every parcel that we have advertised was without a bid. There were no bidders. The first parcel we did that was on Disposition Parcel 4 -66, there were no bids; there never was a bid on that. The second Disposition Parcels were: 9 -1, 9 -8 and 9 -9. They were advertised; there were no bids and we have never had a bid on it since that time, so we are experienced with advertising. We have advertised and it has not been very good so far. Our money seems to have been wasted. Now, instead of doing that, we have made contact by telephone and by letter with known developers about these various parcels instead of using adver- tising in newspapers. I don't know whether the people don't read the newspaper, or the developers don't read the newspapers, but we have not received any bidders through the advertising. In response to Ms. Derbeck's question on our having a business con- sultant at one time, Mr. Brownell advised that we have real estate consultants now and have had right through, but they did not recommend national advertising. He said he has not seen the letter as yet. President Nimtz stated this will be placed on the Agenda for the next meeting, and that he will have copies of the letter made for Mr. Butler and Mr. Brownell for their comments at the next meeting. b. I Dredging Contract: Mr. Brownell asked Mr. Bill E. Slabaugh, the Project Engineer, to advise how the dredging contract work is coming along. Mr. Slabaugh stated the dredging is 50% completed, and we are setting slope stakes, etc., for the gabions which is the next step, and the reason that it is 50% completed is that he is done in the water but he has material on the bank that needs to be hauled away, so as of yesterday, 4:00 p.m., he's submitted for 50% of his excavation. They started the work last Thursday afternoon; worked that Thursday, Friday, and each day of this week, and are working now. The question of the trees was brought up by Mrs. Allen, which involved two different contracts. The one tree that is in the waterway is being saved now, per Mr. Slabaugh, but will come out later in the Plaza Park contract. The tree is in the way for the boat dock. The design engineers and architects have designed and specified what is to be removed. There seemed to be confusion on the Park contracts and Mr. Brownell advised the Dredging Contract is what we are discussing now that is going on now under the Colfax Bridge; awarded to Nautilus Construction Corporation; Plaza Park Contract No. 1, awarded to Nautilus Construction Corporation; Plaza Park Contract No. 2, awarded - 11 -