Howard Ikeda
Howard Ikeda
building either lose repair stadium
We either repair it or lose it. And we have to do something now. But building a new stadium is out of the question.
based future percent yes
Based on our projections, yes we can. We still have the back door. We can still go in with the $10,000 or 7 1/2 percent (in future years), only if we have to.
cover disaster expenses operating revenue total
We can cover our operating expenses without the revenue from UH and we have a cushion. Notwithstanding a total disaster, these projections should hold.
cash pays surplus
It's inconsistent that UH pays rent. We've always had a cash surplus every year.
adding balance million surplus
Operationally, every year, we've accumulated some surplus. I think the surplus balance should be about $4 million this year. Projecting forward, I think we'll be adding to that.