Mr. Lar Bradshaw:

Without getting into too much detail, he was telling me reasonably forcefully how I should think about the situation. I cut him off and told him that I was a busy guy with a full-time day job, a pretty busy part-time job and two small children and a wife, who I did not see very often. I asked him why would I put the authority in a position in which we would buy out the port for the interest - for obviously a significant amount of money - and then were sitting with the gun pointing at us. I did not want anyone to tell me how I thought about it as that is how I thought about it and so the conversation ended. As is my wont, I reported that conversation to the board at the very first opportunity. I do not have the minutes of those meetings but I am sure the authority can get those minutes and I am sure that when all the rest of the board members appear before the committee, they will be able to confirm this. I did not expect that we would have any change of mind on that but in the second conversation with the board, the board actually said that perhaps there is a role for the authority and perhaps there are some options for the authority that could be in the interests of the authority in terms of its remit. Deputy, this is the genesis of-----