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Paul Rakov

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We believe it is premature for the county Legislature to adopt any resolution regarding the proposed resort until new members of the legislative body are able to get up to speed on its history. At that point, we would gladly present our plan and discuss alternatives that are economically feasible while also addressing the concerns the legislature might have.

Our original application included projections we made during the summer of 2005. Economic effects of Hurricane Katrina and the ever-increasing cost of fuel has made construction materials more expensive than we originally planned. We amended our original application to help balance the effect of those costs.

The IDA felt that, in view of the tragic nature of our circumstances, making us wait another 60 days for a hearing process ... would have been an unnecessary burden.

After six years, we believe it is time for the acrimonious atmosphere that has besieged the project, and the town, to be put behind us.

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