Vice Chairman Scott Bradshaw

resigned from the board earlier this week, setting in motion the bombshell

events culminating in Thursday's resignations. His resignation letter

detailed surprise cash flow problems, undisclosed obligations to sports

equipment maker Adidas and a pattern of ongoing financial accounting shortfalls.

Chairman Tate Godfrey defended

the board's handling of the cash-strapped venues, contending that fall

is typically the tightest time of year for cash flow.

Godfrey also said that the

Adidas contract mistakenly listed DAPC as a guarantor for $366,000 in

retail sales of Adidas products through the for-profit and privately-owned

pro shop in the tennis center. Godfrey said that "mistake" had

been rectified and that DAPC was no longer liable for the sales.

After defending the DAPC's

management of the venues point by point in Bradshaw's letter (available

on this web site), Godfrey then read a statement calling for a motion

to end the DAPC's management contract with the council, in effect handing

the operations