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THE 2009 FINANCIAL ADVISORY COMMITTEE REPORT ON
PROJECTIONS FOR DOWNTOWN DEVELOPMENT
COMMITTEE MEMBERSChair:James Howard, Long ReachVice-Chair:Dan Woodruff, Dorsey's SearchRoger Hultgren, Harper's ChoiceAlan Romack, Owen BrownCOLUMBIA, MARYLANDFEBRUARY 12, 2009
 
The 2008 Financial Advisory CommitteeFebruary 12, 2009Miles CoffmanChair, Planning and Strategy CommitteeColumbia Association, Inc.10221 Wincopin CircleColumbia, Maryland 21044Dear Mr. Coffman,Please accept the attached report from the 2008 Budget Committee on “Projections for Downtown Development.”As always, members of the Financial Advisory Committee are available for future consultationregarding this report or other matters the Board of Directors or the Planning and StrategyCommittee require. The other committee members and I sincerely appreciate the opportunity tohave served the Columbia Association and residents as members of the Financial AdvisoryCommittee and on their behalf, I remain,Respectfully,James P. Howard, IIChair, Financial Advisory Committee
 
Projections for Downtown Development1
Charge
The Columbia Association Board of Directors (Board) asked the Financial Advisory Committee(FAC) to review and analyze the CA Staff projections for incremental costs and income to CArelated to the redevelopment of Downtown Columbia.
Recommendation
The Financial Advisory Committee is unable to make a recommendation due to the complexeconomic environment and the few projections currently available.
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