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Sunday, July 23, 2023

Deal for OLF 8: Response from Stirling/Horton Coming Tuesday

Mark Twain once famously stated, toward the end of his life, that "Reports of my passing have been greatly exaggerated."  Ditto for the OLF-8 Sale agreement.....reports of its demise have been greatly exaggerated.


There have been rumors.  Speculation has run rampant.

Folks that don't want the OLF-8 deal to go through worry about what will be built.

Still others spread propaganda that the deal is DEAD.

So I worked the phones late last week and called some folks that are in the know.

As the old Mark Twain trope goes,  "Rumors of the deal's passing have been greatly exaggerated" 

Here's the real deal.  Stirling and Horton are both still in the deal, according to what I was told Friday.  Apparently, there was a different, unrelated deal that Horton was working and it consumed time/effort to bring in for a landing.  That deal apparently has been resolved.  And they have now been focusing on re-tooling their response to the latest BCC counter where we also stipulated we are holding back 250 acres for job creation.

According to some--that scared these offerors out of the deal.

Not so, according to those that know.  Nope.  The deal is on, and the BCC should have the latest offer for consideration this coming Tuesday by close of business.

Stay tuned--I will post it the minute I receive it.

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