A management/ technical committee (the "Technical Committee") of Goldco will be created in respect of which Platinex will have the right to appoint two members and Fancamp the right to appoint one member Goldco will engage in an initial exploration program of C$1.1million (the "Initial Exploration Program") to be funded by the Platinex Financings (as described below) and an additional sum of $130,000 to be advanced to Goldco by Fancamp. Platinex shall contribute a minimum of $940,000 to Goldco in respect of Goldco’s operation. Within 60 days from the completion of the Initial Exploration Program, Platinex as Operator shall prepare an exploration program (the "Phase II Exploration Program") to be approved by all of the members of the Technical Committee and the board of Goldco
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Pension debt, property taxes, budget holes: Chicago’s next mayor faces huge financial problems
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Pension debt, property taxes, budget holes: Chicago’s next mayor faces huge financial problems At a packed City Club luncheon in late January, Chicago Mayor Lori Lightfoot presented a hopeful picture of the city’s economic outlook. Speaking to a crowd of movers and shakers at Maggiano’s downtown, Lightfoot hailed a “robust” recovery from COVID-19, a slew of credit rating upgrades, potential new revenues from the new Bally’s casino and a deal to sell water to Joliet, and a $750 million reduction in outstanding debt since she took office.