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PUBLIC ROUNDTABLE ON "THE SOUTH CAPITOL STREET DEVELOPMENT DISPOSITION APPROVAL RESOLUTION OF 2006"

Before the: Committee on Economic Development Council of the District of Columbia The Honorable Sharon Ambrose, Chairman

July 6, 2006

Testimony of Natwar M. Gandhi Chief Financial Officer Government of the District of Columbia

Good morning, Chairman Ambrose and members of the Committee on Economic Development. My name is Natwar M. Gandhi, Chief Financial Officer for the District of Columbia. I am here to testify on the South Capitol Street Development Disposition Approval Resolution of 2006.

Courtesy of The Government of the District of Columbia

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Financial Analysis WDC Baseball Partners plans a $281 million private development project
Additional funding equity from WDC Baseball Partners and others

Title Insurance Issues WDC Proposal offers $61 million for north side development rights
New housing and community projects near stadium project

Asbestos Contractor Regulations in Louisiana What is required in Louisiana to work as an asbestos contractor?
Asbsestos contractors must be licensed by the State Licensing Board

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