23 Apr 2021, Friday
23 Apr 2021, Friday
Prioritized Daily Tasks
We worked in the yard; I called the water department again this morning. They sent Dallas out. He knows Greg Alred, our neighbor whose son Nash is friends with Porter and Tate, but he is in a different section of the Lehi City Water Department than Dallas is. Dallas checked and the water was coming from an escape valve. He helped me put the dirt back into the hole and said if I have any more problems to call him and for me not to do so much digging, he will help.
Clara has a soft ball game at 2:45 PM, 4:15 PM, and 7:15 PM, and Stephanie is bringing Abby up from St. George for a tournament this week. Abby has a game at 5 PM and they are staying with us at home until the tournament is over. We missed Abby game. We were given the wrong address. It was not in Lehi but in Draper.
Debbie and I spent the afternoon watching granddaughters softball and basketball games.
Clara won all three of her games and she plays again at 8:30 AM tomorrow.
Abby's team lost by 3 points. She, her mother, Stepanie, and a friend went shopping. They all spent the night with us.
Michael, Matthew, and I were all on a conference call late this afternoon. We have some things to work out with the lease of the old building and also the new Rockmart Nursing Home. Michael sent us a sheet that Andy Morris gave him with what each entity or individual is owned. Synovus Bank $12,668,636.65; monthly interest and principal, $87,038.56; interest only, $87,038.56 - Underhill Trust Loan (Michael) $2,794,528.20; monthly interest and principal, $18434.65; interest only, $14,554.83 - Andy Morris $3,657,041.87; interest and principal, $22,131.03, interest-only, $16,052.26 The total loan $19,120,206.72, interest and principal $127,604.24, interest-only $117,645.65. The question that came up was, does Andy want to get paid $3,657,041.87 plus interest at 3.75% and have ownership in the nursing home? Andy has sold his interest in the company leasing our nursing homes and other homes to an ESOP, (Employee Stock Option Plan). Brad Bilbo is operating the company; Andy Morris has retired.
*Andy's decision he made this year is, "he wants to be paid the money with he put in with interest and does not want any ownership in the Rockmart Nursing Home".

Comments
Post a Comment