Resent due to wrong email address.
> From: michael demoss
> Date: June 13, 2026 at 4:41:39 PM PDT
> To: Betsy Nash , Menlo Park City Council
> Subject: Citys Financial Trouble Question
>
> Mayor Nash and Council members:
> I watched the June 2 "Question and Answers" regarding the Parking Plazas:
>
> IF the city is in Financial (Deficits) Trouble, you must not spend up to $100,000 on a consultant to do a "financial study" of the 3 developers proposals !
>
> You should wait for the result of the ballot vote(s) and the lawsuit.
>
> If you lose the ballot measure, OR the lawsuit, or the "follow up Ballot", the money is wasted.
> Remember:
> The probability that you will win ALL 3 challenges is a VERY LOW 12.5%
> (I was an Actuary before I became a lawyer)
> Also:
> I have conducted many depositions and this Q&A was the same format.
>
> My opinion:
> The answers were "Red Flag" unacceptable:
>
> Paraphrasing from my memory:
> Councilman Schmidt asked: Is it either a parking ramp or union wages, but not both?
> Answer: its not black and white, its a maybe yes maybe no.
> Councilman Schmidt: What is your biggest fear?
> Answers: Ballot measure, Delays, Lawsuit, Money Sources.
> Conclusion:
> If I was a developers, I would do what the previous developers wisely did:
> Walk Away!
>
> If I was on the city council, I would Abandon this project.
>
> If you disagree, email me your response.
> Thank you,
> Michael DeMoss
> Attorney
> Resident
>
>
> Sent from my iPhone
