England keeping rates at a record low. 5 , where they had been since march 2009. The division was interesting. The sold a center, he has been the sole dissenter. He has voted for an Interest Rate hike will stop what is interesting, some of the comments in the minutes that accompanied the Interest Rate decision. The bank has domestic spending subdued, overseas demand. The officials within the bank of england say they have a range of views on inflation risks. This is a big one, the Oil Price Drop suggests continued subdued inflation. Interestingly, since the last meeting of the bank of england at the beginning of november, brent crude has sunk i16 percent. That puts downward pressure on inflation which, as you know in the u. K. , is negligible, down to. 1 . The bank has cited in the past and emergingact markets impact as well. Those are the two impacts weighing on the u. K. Economy. The domestic economy is resilient, as shown by the latest gdp data which grew by. 5 . But i think the big
12 million and 6 million i guess its a question of whether that k can be phased with the money our that projecting i guess after one of the major loans are paid off you still will have the boating loans i dont know if youve done the analysis to see if that matches up 7, 8, 9 wise with the application of the 5 million. Its a great thing that the bond are repaid the same time as the year starting the permit goothsz are required so we have then surplus revenue of one Million Dollars we can fund against or the new cal boating loans it didnt pay for all the decimal we have a gallop and staffs plan to address that plan is 3 fold one to ask cal loan to reduce the Interest Rate but its a 50year term we would like to cut that down and reduce the 5 hundred were paying in debt 0 service and the second plan is to potentially reduce the requirement of the permanent obligations of 7. 2 million and from Public Access on pier 40 theres better use for the boaters and get more public assess so were hopi
Thank you any Public Comment on this item . Seeing none, Public Comment is closed commissioners commissioner ho. Yes first of all i want to commend this is a great report it must have been about a and a half maybe it started it caused quite i guess an uproar among the attended as far as the changes we had to go through a lot of changes first of all congratulations to the staff from monique on down to elaine who all worked on it be were pleased to see were operating in the black and after debt payment well have the capital available to work on some of the permanent requirement i guess i had a kwouch of questions one i see the gap beyond the 12 million and 6 million i guess its a question of whether that k can be phased with the money our that projecting i guess after one of the major loans are paid off you still will have the boating loans i dont know if youve done the analysis to see if that matches up 7, 8, 9 wise with the application of the 5 million. Its a great thing that the bond
Congratulations to the staff from monique on down to elaine who all worked on it be were pleased to see were operating in the black and after debt payment well have the capital available to work on some of the permanent requirement i guess i had a kwouch of questions one i see the gap beyond the 12 million and 6 million i guess its a question of whether that k can be phased with the money our that projecting i guess after one of the major loans are paid off you still will have the boating loans i dont know if youve done the analysis to see if that matches up 7, 8, 9 wise with the application of the 5 million. Its a great thing that the bond are repaid the same time as the year starting the permit goothsz are required so we have then surplus revenue of one Million Dollars we can fund against or the new cal boating loans it didnt pay for all the decimal we have a gallop and staffs plan to address that plan is 3 fold one to ask cal loan to reduce the Interest Rate but its a 50year term we
See the gap beyond the 12 million and 6 million i guess its a question of whether that k can be phased with the money our that projecting i guess after one of the major loans are paid off you still will have the boating loans i dont know if youve done the analysis to see if that matches up 7, 8, 9 wise with the application of the 5 million. Its a great thing that the bond are repaid the same time as the year starting the permit goothsz are required so we have then surplus revenue of one Million Dollars we can fund against or the new cal boating loans it didnt pay for all the decimal we have a gallop and staffs plan to address that plan is 3 fold one to ask cal loan to reduce the Interest Rate but its a 50year term we would like to cut that down and reduce the 5 hundred were paying in debt 0 service and the second plan is to potentially reduce the requirement of the permanent obligations of 7. 2 million and from Public Access on pier 40 theres better use for the boaters and get more pub