july. 31, 2007 the bank commits to make a loan ex. 1 ex. 1 aug. 17, 2007 ok to provide “notice to...

28

Upload: lynette-lee

Post on 17-Jan-2016

213 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: July. 31, 2007 The Bank Commits to make a loan Ex. 1 Ex. 1 Aug. 17, 2007 Ok to Provide “Notice to Proceed” from Doug Hein Ex. 2 “Notice to Proceed”
Page 2: July. 31, 2007 The Bank Commits to make a loan Ex. 1 Ex. 1 Aug. 17, 2007 Ok to Provide “Notice to Proceed” from Doug Hein Ex. 2 “Notice to Proceed”
Page 3: July. 31, 2007 The Bank Commits to make a loan Ex. 1 Ex. 1 Aug. 17, 2007 Ok to Provide “Notice to Proceed” from Doug Hein Ex. 2 “Notice to Proceed”
Page 4: July. 31, 2007 The Bank Commits to make a loan Ex. 1 Ex. 1 Aug. 17, 2007 Ok to Provide “Notice to Proceed” from Doug Hein Ex. 2 “Notice to Proceed”
Page 5: July. 31, 2007 The Bank Commits to make a loan Ex. 1 Ex. 1 Aug. 17, 2007 Ok to Provide “Notice to Proceed” from Doug Hein Ex. 2 “Notice to Proceed”

THE LODGE AT SPANISH PEAKS

Page 6: July. 31, 2007 The Bank Commits to make a loan Ex. 1 Ex. 1 Aug. 17, 2007 Ok to Provide “Notice to Proceed” from Doug Hein Ex. 2 “Notice to Proceed”

THE LODGE AT SPANISH PEAKS

Page 7: July. 31, 2007 The Bank Commits to make a loan Ex. 1 Ex. 1 Aug. 17, 2007 Ok to Provide “Notice to Proceed” from Doug Hein Ex. 2 “Notice to Proceed”

July. 31, 2007

The Bank Commits to make a loanEx. 1

Aug. 17, 2007

Ok to Provide “Notice to Proceed” from Doug Hein Ex. 2

“Notice to Proceed” sent to Dick Corporation Ex. 3

Sept. 12, 2007

Project has been suspendedEx. 5

Aug. 24, 1997

Agreement made

Ex. 4

JAN 2008 2004

Sept. 14, 2007

Commitment to provide a loan confirmation issued by the BankEx. 6

JUL-AUG 2007 SEPT-OCT 2007 JAN-MAR 2008

Sept. 24, 2007

Closing pushed back as a result of appraisal workEx. 7

Oct. 2, 2007

Closing timeline updatedEx. 8

Sep. 25, 2004

Closing could slide into 2008Ex.9

Jan. 18, 2008

The appraisal was delayed

Feb. 6, 2008

“Hope to be back to our lenders” letter sent to David Rudolph

March. 26, 2008

Memorandum

March. 10, 2004

Permanent construction loan preparation

next >< back

Page 8: July. 31, 2007 The Bank Commits to make a loan Ex. 1 Ex. 1 Aug. 17, 2007 Ok to Provide “Notice to Proceed” from Doug Hein Ex. 2 “Notice to Proceed”

Jan. 18, 2008

The appraisal was delayed

Feb. 6, 2008

“Hope to be back to our lenders” letter sent to David Rudolph

March. 26, 2008

Memorandum

March. 10, 2004

Permanent construction loan preparation

Apr. 15, 2008

“Deal is still alive” message from Kevin Farrell

Apr. 25, 2008

Confirmation of total cost spent to date from Chris Studer

May. 5, 2008

“The project is on schedule “ message from Doug Heine

Update for the credit approval for the vertical loan from Chris Studer

June. 18, 2008

Memorandum of the Bank (The loan may be paid)

June. 23, 2008

3rd modification of the loan documents

Aug. 5, 2008

A breakdown of assets owned by Voyager Group by Chris Studer

JAN 2008APRIL-MAY 2008JAN-MAR 2008 next >< back JUNE-AUG 2008

Page 9: July. 31, 2007 The Bank Commits to make a loan Ex. 1 Ex. 1 Aug. 17, 2007 Ok to Provide “Notice to Proceed” from Doug Hein Ex. 2 “Notice to Proceed”

Sept. 15, 2008

The Bank is preoccupied with getting main Condo deal completed

Sept. 25, 2008

4th modification of the loan document

Dec. 31, 2008

The Bank has been unsuccessful at putting together financial syndicate for the project

Apr. 9, 2009

Bank confidential letter expressing liability

countersuit concerns

June. 18, 2008

Memorandum of the Bank (The loan may be paid)

June. 23, 2008

3rd modification of the loan documents

Aug. 5, 2008

A breakdown of assets owned by Voyager Group by Chris Studer

SEPT-DECEMBER 2008JUNE-AUG 2008 next >< back APRIL 2009

Page 10: July. 31, 2007 The Bank Commits to make a loan Ex. 1 Ex. 1 Aug. 17, 2007 Ok to Provide “Notice to Proceed” from Doug Hein Ex. 2 “Notice to Proceed”

< TimelineJULY 2007

Page 11: July. 31, 2007 The Bank Commits to make a loan Ex. 1 Ex. 1 Aug. 17, 2007 Ok to Provide “Notice to Proceed” from Doug Hein Ex. 2 “Notice to Proceed”

< TimelineJULY 2007

Page 12: July. 31, 2007 The Bank Commits to make a loan Ex. 1 Ex. 1 Aug. 17, 2007 Ok to Provide “Notice to Proceed” from Doug Hein Ex. 2 “Notice to Proceed”

< TimelineAUGUST 2007

Page 13: July. 31, 2007 The Bank Commits to make a loan Ex. 1 Ex. 1 Aug. 17, 2007 Ok to Provide “Notice to Proceed” from Doug Hein Ex. 2 “Notice to Proceed”

< TimelineAUGUST 2007

Page 14: July. 31, 2007 The Bank Commits to make a loan Ex. 1 Ex. 1 Aug. 17, 2007 Ok to Provide “Notice to Proceed” from Doug Hein Ex. 2 “Notice to Proceed”

< TimelineAUGUST 2007

Page 15: July. 31, 2007 The Bank Commits to make a loan Ex. 1 Ex. 1 Aug. 17, 2007 Ok to Provide “Notice to Proceed” from Doug Hein Ex. 2 “Notice to Proceed”

< TimelineAUGUST 2007

Page 16: July. 31, 2007 The Bank Commits to make a loan Ex. 1 Ex. 1 Aug. 17, 2007 Ok to Provide “Notice to Proceed” from Doug Hein Ex. 2 “Notice to Proceed”

< TimelineAUGUST 2007

Page 17: July. 31, 2007 The Bank Commits to make a loan Ex. 1 Ex. 1 Aug. 17, 2007 Ok to Provide “Notice to Proceed” from Doug Hein Ex. 2 “Notice to Proceed”

< TimelineSEPTEMBER-OCTOBER 2007

Page 18: July. 31, 2007 The Bank Commits to make a loan Ex. 1 Ex. 1 Aug. 17, 2007 Ok to Provide “Notice to Proceed” from Doug Hein Ex. 2 “Notice to Proceed”

< TimelineSEPTEMBER-OCTOBER 2007

Page 19: July. 31, 2007 The Bank Commits to make a loan Ex. 1 Ex. 1 Aug. 17, 2007 Ok to Provide “Notice to Proceed” from Doug Hein Ex. 2 “Notice to Proceed”

< TimelineSEPTEMBER-OCTOBER 2007

Page 20: July. 31, 2007 The Bank Commits to make a loan Ex. 1 Ex. 1 Aug. 17, 2007 Ok to Provide “Notice to Proceed” from Doug Hein Ex. 2 “Notice to Proceed”

< TimelineSEPTEMBER-OCTOBER 2007

Page 21: July. 31, 2007 The Bank Commits to make a loan Ex. 1 Ex. 1 Aug. 17, 2007 Ok to Provide “Notice to Proceed” from Doug Hein Ex. 2 “Notice to Proceed”

< TimelineSEPTEMBER-OCTOBER 2007

Page 22: July. 31, 2007 The Bank Commits to make a loan Ex. 1 Ex. 1 Aug. 17, 2007 Ok to Provide “Notice to Proceed” from Doug Hein Ex. 2 “Notice to Proceed”

< TimelineSEPTEMBER-OCTOBER 2007

Page 23: July. 31, 2007 The Bank Commits to make a loan Ex. 1 Ex. 1 Aug. 17, 2007 Ok to Provide “Notice to Proceed” from Doug Hein Ex. 2 “Notice to Proceed”

< TimelineSEPTEMBER-OCTOBER 2007

Page 24: July. 31, 2007 The Bank Commits to make a loan Ex. 1 Ex. 1 Aug. 17, 2007 Ok to Provide “Notice to Proceed” from Doug Hein Ex. 2 “Notice to Proceed”

< TimelineSEPTEMBER-OCTOBER 2007

Page 25: July. 31, 2007 The Bank Commits to make a loan Ex. 1 Ex. 1 Aug. 17, 2007 Ok to Provide “Notice to Proceed” from Doug Hein Ex. 2 “Notice to Proceed”

< TimelineSEPTEMBER-OCTOBER 2007

Page 26: July. 31, 2007 The Bank Commits to make a loan Ex. 1 Ex. 1 Aug. 17, 2007 Ok to Provide “Notice to Proceed” from Doug Hein Ex. 2 “Notice to Proceed”

< TimelineSEPTEMBER-OCTOBER 2007

Page 27: July. 31, 2007 The Bank Commits to make a loan Ex. 1 Ex. 1 Aug. 17, 2007 Ok to Provide “Notice to Proceed” from Doug Hein Ex. 2 “Notice to Proceed”

< TimelineSEPTEMBER-OCTOBER 2007

Page 28: July. 31, 2007 The Bank Commits to make a loan Ex. 1 Ex. 1 Aug. 17, 2007 Ok to Provide “Notice to Proceed” from Doug Hein Ex. 2 “Notice to Proceed”

< TimelineSEPTEMBER-OCTOBER 2007