It is twelve noon.

I will call the August 10th meeting of the uh Port Authority of Evansville's meeting to order.

We have a meeting memorandum from July thirteenth.

You all have seen the minutes.

Can I get a motion?

Motion to approve the minutes.

Second.

Any discussion.

All those in favor of approving the minutes say aye.

Aye.

All opposed, same sign.

Motion carries.

And then we can figure out where to go.

The outfits that I've been in contact with.

So there's a lot of options, I think, available.

Have we reached out to Stanley?

Yes.

Yes.

You you've reached out to Stanley.

That's what that's where this came from.

Uh good morning.

Uh Dashne Shares City of Athensville purchasing.

I have contacted Stanley at this time with those.

What I found was from 2005.

Um the attorney is looking to see what they may have scanned in, but they have not been able to locate anything at this time.

So if they have an auction, wouldn't it?

That's we could do that.

Uh they will do whatever we want them to do.

We can set a minimum of reserve or what's our is our goal to maximize the slow price or get out of the underneath paying rent?

I would think both.

I I also w want the city to get the full value of that because yeah.

Do we have any idea what a consultation would cost as far as them coming out and evaluating the facility?

Um normally what they would do, they would get a set commission for selling it.

That's just if they don't do any leg work at all.

Now if if we want them to come out and do all those measurements and do a detailed review of the asset, then of course that will increase their fee.

I can I've reached out to three outfits, two of them are are interested in being that auctioneer.

I can find out what those fees would be and bring those back to the to the board.

Can you do the same day on?

I can check with uh yeah, Lee Thompson.

I I kind of put him off till after this meeting to see.

And I can just get a maybe a ballpark price from him on what he would do to value it and here's what's wrong with it, or one of the individuals said it leaks, so oh I don't know.

I don't know.

Yeah.

And that's just a if if we had those designs, if we had the specs, they could tell us real quickly what what their fee would be.

Yeah.

Did have they discussed at all what kind of bidding process would typically lend itself to make the most money as far as a sealed bid process and open bidding, public bidding.

Um they didn't really disclose uh their process.

What we used is it's it's an internet bid.

I mean it's opened and everyone whoever's registered can bid on and we give a sunset and once that that's met and hook the highest bidder at that time is awarded the the bid.

So if they're okay with the board, I'll I'll reach out to those two and and get more details on what their commission would be.

Yeah.

Any other questions?

Hearing none, we have no new business.

Uh Mr.

Grunther, could you provide a financial work, please?

Sure.

I've passed out the July 31st, 2026 uh preliminary preliminary financials.

Um you'll notice that the other receipts are up a hundred percent.

We've already gone.

We've already have billed the parks uh fund for the full year of uh contributions because of the rent that we're paying.