with regard to each criterion. In fact, it was the only application which achieved the “successful” rating in every category. For Criterion 15, the Park Service found Delaware North’s offer “satisfactory” and concluded: As evidenced by its balance sheet, this entity has the financial strength necessary to contribute $12 million towards equity. No alternative financing to the MCA note has been proposed. The panel also found Delaware North’s proposal to be “satisfactory” on Criterion 16 and observed: We conclude that the present value of the proposer’s contribution to the CIF would be approximately $56.5 million over the life of the contract. This translates to an average percentage of 5.2% of the present value of gross receipts. Considering only the first four years of the contract (<HOLDING>) the proposer’s offer was $18 million. This
recognizing that nps will renegotiate the cif percentage holding that an action construing a will creating a trust is equitable in nature recognizing that shall will and must are all mandatory terms recognizing the equitable maxim that once equity has jurisdiction it will grant complete relief recognizing exception