K. Sved addressed questions submitted by J. Montgomery.  Facilities development costs were discussed, including allocations for rent, debt, and construction.  Risks and costs for the developer and for Navigator were explored.  The committee discussed financial reserves and cash on hand based on various costs and financing scenarios.  

Long-term finance structures were discussed. K. Sved explained current and potential costs, roles, and services relating to architectural drawings, plans, and structural development.  Members discussed future budgets, projected surpluses, and fundraising.  K. Sved compared and contrasted ground-up construction costs versus redevelopment costs. 

Committee members considered variables subject to negotiation and the roles, qualifications, experience, suitability, and effectiveness of various representatives during potential negotiations.  The committee discussed the process of negotiation and conditions and strategies for optimizing negotiations.  

The committee and guests analyzed business and political conditions and climate in Watsonville related to facilities, real estate, planning, and construction.  Members and guests discussed near-term and long-term enrollment at WPS and resulting impacts on budgets, funds, fundraising, budgets, and costs. The committee considered potential capital campaigns of various scales as an element of the negotiating and funding process.