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far as the financing, that is handled through our administrative headquarters. I'm not really at liberty to discuss it with you, as I don't really know it all, but I know that we will be applying for grants and attacking the problem section by section. While we may not be able to pay for it all at one time, we'll take it section by section. Klusczinski: I have one question, did you have a projection of how long the temporary roof will be in place? Is there a short term goal remedy for the property. Herdman: The only time constraint that we ever discussed was the year from the date of the C of A. So the return of better weather in spring or summer as Mr. Smith's schedule will allow. Patrick: I have a question regarding temporary slates. Why if slate is what's up there now why would they be temporary? Sporleder: That would be my question exactly. Klusczinski: The decking is so deteriorated, I believe. Smith: Right, and you have to use slate with slate. When buying new slate, you set some aside, realize that you can use those again, and dispose of the old slates. Sporleder: So, to pick up on what Lynn said, if you're replacing slate with slate, I'm not quite clear why... what are you accomplishing if it's the underneath part that's damaged and leaking. Smith: We're going to find the areas that are leaking, tear it off, put down, well, first of all check the decking. Replace any bad decking. Then, put on ice and water shield and 65 lb. felt. At the time, they were using 15-20 lb felt. It's deteriorated now like old newspaper, it's no longer keeping the water out. Slate keeps out 70-80% but the underlayment keeps out the rest. The slate are called Pennsylvania Gray, they're only meant to last 60-70 years, and they've been on there quite sometime. The only reason they've lasted this long is there location- they're away from trees, the pitch of the roof, but as you drive by you'll see that they're falling out. That's because they used steel nails and not copper. The heads rust off and they slide off. Patrick: Just for my edification. What happens to slate? After 60-70 years ... does it deteriorate in some way, I never understood. Smith: Slate is a pourous substance. At the time, even though Pennsylvania slate is somewhat the `generic" type, getting 60-70 years out of it was better than the 20 year shingles that were being made at that time. Sporleder: So, you're just replacing slate, you're not going to be replacing the underlayment problem right now? Klusczinski: Spot repairs, right? Smith: Right. We need to determine... when I walked into the building, they've got buckets sitting in areas, I saw the structural damage. It's going to depend, when I get up there, what needs to be attended to. When it comes down to it, you could remove the slate, put down ice and water shield in the area put down 651b felt and walk away and come back 6-8 months later and it will still be "in the dry" which means that it's not leaking. We do it all the time. When you put it in the dry that means that the ice and water shield and the felt combined is going to keep water out. Sporleder: But that's a permanent solution. I guess back to what Lynn said, I don't know why we should consider what you're doing to be temporary. Herdman: Because they're not redoing the entire roof right now. Chase: It's spot fixing. Sporleder: But ifyou can fix it so it doesn't leak, isn't that the objective? Smith: The objective of it is that the slate are shot. They're not functioning. You could go back over and over it, say 10-15 times a year and do the repairs, versus, doing it all at once. Klusczinski: So there are emergency spot repairs proposed at this point to do locations of deteriorated decking once you investigate and then eventually the effort is going to be to remove all material and restore everything because the temporaryfix is not compatible. 10