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BOOK 98 pg,.,353 <br />Mr. Knigin advised they are -planning to recycle organics and <br />operate within the framework of the findings of a study the <br />Utilities Department had done with local citrus growers. He <br />related the involvement of his partner, Marvin Slamowitz (Chairman <br />of the Board, Mark Centers Trust, a NYSE development company) and <br />listed affiliated companies and their functions. <br />Mr. Knigin introduced three other speakers: Norman Lipshie, <br />CPA, Chief Financial Officer of INRIVCO (financial information), <br />Don Graham of PSG (workings of the company), and Dominick Martorana <br />(human element and community involvement). <br />Mr. Knigin presented copies of Mr. Lipshie's curriculum vitae <br />(not included in original submission) to the Commissioners. <br />Norman Lipshie described his extensive background in <br />accounting and reported the financing requirements of the INRIVCO <br />project. He projected that the cost for Phase I will be <br />approximately $20 million, which will be financed through facility <br />or project financing. He recounted that General Electric Credit <br />Corp. has indicated they are very anxious to work with IRC and <br />INRIVCO on this project and they directed Mr. Lipshie to inform the <br />Board of County Commissioners that they are in a "go mode". He <br />23 <br />June 13, 1996 <br />