The point man in the plan is Mark F. Schultz, CEO of Faulkner USA, the Texas developer who must document his end of the financing to county commissioners by Sept. 1 or lose a $1 million good-faith check.
Then, if a ceremonial ground-breaking isn't staged by Oct. 15 to guarantee a March 2006 convention center opening, Faulkner USA will be terminated and the county will start new negotiations with two other developers, or discard the project entirely as unworkable.
That has happened before. Palm Beach, FL developer Robert Miller couldn't find moneymen to fund his planned $1.1 billion World Expo Center when that venture was quietly buried in 2001.
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