If Bridget Chisholm has years of experience in municipal finance…?

Half the work that is done in this world

is to make things appear what they are not.

 

Elias Root Beadle

 

…George Brumback, chairman of the authority…told [Eric Pristell, a Durham lawyer representing the Urban Hotel Group] that his board typically reviews a business plan and documentation of some kind of preliminary commitment from a lender before taking action.

 

…“I think we’re all struggling with what our role is,” Brumback replied. “What we would like to see is a financial commitment from a lender, because that’s what we normally see.”

 

He added, “We’re all sort of seeking to make sure we’re not approving something that is financially unfeasible, and it goes to Raleigh and gets crucified and we have been blamed for approving something that was crucified.”

 

…it’s difficult to tell whether the hotel group was remarkably unprepared or if the process is so new that the terrain is completely unfamiliar to everyone.

 

…a partner in the Elm Street Center LLC…expressed admiration for Bridget Chisholm, the finance consultant who conceived of the hotel idea.

 

“To her credit, when this bill passed, she read it,” he said.

 

Jordan Green

Yes Weekly, January 27, 2010

 

Once off the cliff, there is still hope if you keep running.

 

By running ever faster you may not fall.

 

Wyle E. Coyote