1. What are the plans for upkeep or maintenance on the properties until the project starts?
Answer: Sharon Springs, Inc. has hired a local person as a security watchman in an attempt to keep the break-ins and vandalism to a minimum. This same person will be responsible for mowing the Imperial Bath lawn and trimming the hedges when needed.

2. Will the baths be open this summer – it affects all the businesses downtown?
Answer: Sharon Springs, Inc. will not open the baths this summer. However, they would consider a proposal from anyone who is willing to operate them on an independent basis.

3. Will there be a Performance Bond?
Answer: If any new public infrastructure is proposed to be built by the developer, i.e. sewer lines, water lines, new street, then a Performance Bond will be required. For any private hotel reconstruction or new construction, it is the decision of the developer whether they will require a Performance Bond from their contractors.

4. What is the time line of the project?
Answer: The project which includes the renovation of the Adler Hotel and Imperial Bathhouse is estimated to begin in the spring of 2008 or sooner and is expected to last about a year and a half.

5. What is the estimated construction date?
Answer: Spring 2008

6. Where is Daniel Kim – the attorney who was here before?
Answer: Daniel Kim deals more with the legal aspects of the project and wasn’t needed at this meeting (4/12/07). Youn Tae Yoo was present at the meeting. Mr. Yoo is both a partner with Daniel Kim in their law firm Yoo & Kim, P.C., as well as a shareholder of Sharon Springs, Inc.

7. How will the parking issues be addressed?
Answer: Project parking requirements are to be dealt with by the developers and Planning Board. The developer’s initial plan is very general. The Task Force and Village Board are investigating options for current demands for parking as well as those that come as a result of ancillary development.

8. Can the picture boards be displayed at the bank one at a time, along with an explanation/description of each photo?
Answer: The questions and answers will be on display at the bank for a short time and ultimately moved to the window of Klinkhart Hall – across from the American Hotel. The renderings of the Adler Hotel and the Imperial Bathhouse will be used in the window as well as a poster explaining the project.

9. Will the Village need to hire new staff?
Answer: This remains to be seen and will be under constant assessment. It will have to be determined as the project moves along.

10. What are those tasteless renderings of additional hotels?
Answer: The façade of the Adler Hotel and the Imperial Bathhouse won’t change. The replacement structures for the Columbia Hotel and Washington Hotel are planned for a later phase. A definite design has not been decided at this time. The renderings that were shown at the meeting on April 12, 2007 were suggestions of how some of the buildings could look.

11. Where do those façades fit in a Victorian village?
Answer: The Village isn’t really Victorian. The Village as it stands now is a mix of architectural styles (Victorian, Greek Revival, Spanish Colonial, etc.). There is currently nothing in the Village laws to mandate the façade of buildings.

12. Underground parking? What about the underground streams and water domes?
Answer: Although the developers describe the area behind the Imperial Bathhouse as underground parking, it is actually ground level because the parking area will follow the slope of the land and they will build over that.

13. Where will the workers live?
Answer: Local workers will be hired whenever possible. Many workers will probably come from the Albany area and will probably commute. When necessary, some may stay at the Adler Hotel.

14. What are the plans for the sulphur temple, the icon of Sharon Springs?
Answer: The plan is to stabilize the Sulphur Temple. It will remain in the same location.

15. Why not do a full blown Environmental Impact Statement?
Answer: An Environmental Impact Statement may indeed be required. That determination will need to be made once specific plans, construction drawings and site plan have been prepared and forwarded to the Village’s Code Enforcement Officer for approval.

16. How many jobs will be created with this project?
Answer: It is estimated that the project will create 71 full time jobs and additional part time jobs. Engineers and technical people from outside the area may be utilized but that would be beyond the 71.

17. Will you encourage pedestrian traffic?
Answer: Yes, hopefully visitors will walk throughout the downtown area because the buildings are in close proximity of each other.

18. Will this project be competition with Saratoga Springs?
Answer: The goal is that Saratoga will be competing with Sharon Springs. Hopefully, Saratoga will be buying the waters from Sharon Springs. Sharon Springs, Inc. plans to make Sharon Springs a final tourist destination.

19. Who are you? [Developers, Sharon Springs, Inc.]
Answer: www.sharonspringsresort.com
Q Cho, Chief Executive Officer of Dongbu Tour & Travel Inc. and Sharon Springs, Inc. www.dongbutour.com
Youn Tae Yoo, Chief Financial Officer of Sharon Springs, Inc.
Ethan Doh, Research & Planning Director
George Denning, Project Coordinator
Alex Kang, Marketing Director
Soo Young Oh, AIA, DeArch LLC (Architects) www.dearch.us
H. Harold Shin, Manager – DeArch LLC
Andrew Kim – DeArch LLC
Carlos Burbano, Glickman Engineering, PLLC (Consulting Engineers)

20. What guarantee do we have that once the project starts that the developers will not walk away?
Answer: There is never a guarantee with a proposed project. However, good relations have been established with the developers. Ethan Doh, Research and Planning Director, has been coming to the Community Task Force meetings since the end of 2006 and continues to show good faith. The taxes are paid on the properties. They have hired a security person to watch over the buildings and property.

21. What will the impact be on the infrastructure?
Answer: The Village can support the water needs for this project. The infrastructure will need to be upgraded before next project. The Village has reserve water for fire protection and is actively pursuing answers for an additional water source.