Six Peak Capital - Weekly L10

• The meeting reviewed operational priorities across finance, commercial, construction, and product planning, with focused updates on institutionalizing the finance engine, EOS rollout timing, a new weekly scorecard pilot, and near-term commercial negotiations.
• Finance and reporting: Bob and Chris Andresen kicked off the finance engine institutionalization; Chris Andresen confirmed board-portal financial reporting work and an MDNA due for the finance meeting by month-end.
• Robert will develop an SOP for repeated financing tasks and implement Claude into one LD finance workflow.
• A non-recourse revolving credit facility was recommended for later discussion.
• Repayment of borrowed capital is planned by end of 2027.
• EOS and organizational work: EOS operating system rollout remains on track for completion by the end of next month and the future-state accountability chart aligns to that timeline.
• Schuyler is preparing a subordinate-debt deck for potential buyers and a council presentation; a mayor’s-office signature delay exists on TEFRA timing but lawyers see no legal risk.
• Schuyler also reported the first UL Foundation hire completed onboarding.
• Commercial and product: Chris Aiello completed cowork adoption mandate and progressed board portal and reporting standards, with remaining LV KPI integration and estimating-tool tweaks before finalizing GMPs for Acama and Lexington.
• He described near-term negotiations toward a term sheet with two Palantir engineers for an AI sister company and flagged capital constraints favoring partnership over acquisitions; the Palantir term sheet will be sent to Jonah.
• Projects, construction, and staff: Grady implemented Claude for PM/PC roles and needs a playbook and onboarding session for the co-work platform; two hires completed with one superintendent still required for field stability.
• Tom is advancing SonTrack planning and OVM marketing pitch preparation.
• Wilton repairs reported 85–90% complete with a few remaining punchlist items and a QMC meter network activation dependency.
• LITECH and dependencies: Francis’s close is the gating event for the LITECH closing checklist and the LITECH operating manual, targeted to begin in the first week of August.
• Derek noted Ramsgate off-site condo proposals progressing, dependent on Genesis finance sign-off and outstanding DWP permit package delivery.
• Some LVA workflow work depends on the Palantir engineers signing the term sheet.
• Tools and scorecard: Bob introduced a new weekly scorecard pilot—10–15 key metrics, single owners, RYG conditional coding, and a three-week-red auto-escalation rule—intended as an early-warning weekly tool; definitions and the RYG key will be circulated and integration into the L10 portal was discussed.
• Claude automation of the scorecard dashboard into the LTM weekly portal is planned and expected to take several weeks.
• Open constraints and unresolved items: Outstanding items include finalizing the Palantir term sheet acceptance, Genesis finance approvals, DWP permit delivery, mayor’s-office signature timing on TEFRA, remaining construction punchlist tasks (Wilton and meter activation), staffing allocation decisions, and structuring a possible credit facility.

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  Chris Andresen Chris Andresen will add a follow-up meeting to his and Bob Kennedy’s calendars for the finance engine project
  → To-Dos
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  Bob Kennedy Bob Kennedy will execute the consulting agreement with Tom by the end of next month and attempt to add it to the near-term list if not completed today or tomorrow
  → To-Dos
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  Chris Aiello Chris Aiello will follow up with Grady on the status of Wilton repairs and any outstanding items
  → To-Dos
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  Chris Aiello Chris Aiello will send the term sheet to Jonah today for the AI sister company proposal
  → To-Dos
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  Chris Andresen Chris Andresen will produce an MDNA to support the finance meeting
  → To-Dos
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  Chris Andresen and Robert Carrega Chris Andresen and Robert Carrega will meet with Jonah either today or tomorrow to review whether Jonah already has a solution for the LV finance workflow before using Claude
  → To-Dos
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  Chris Aiello Chris Aiello will send updated staffing allocations to Grady after Grady’s text so Grady can decide which roles to fill this year
  → To-Dos
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  Robert Robert will continue developing the standard operating procedure for repeated financing tasks and identify which tasks he will own.
  → To-Dos
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  Robert and Chris Robert and Chris will implement Claude into one LD finance workflow.
  → To-Dos
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  Schuyler Schuyler will reach out to foundation vendors after the foundation meeting later this week once Life Olson is onboarded.
  → To-Dos
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  Bob Kennedy Bob Kennedy will build an automated dashboard that pulls finance metrics via Claude and integrate it into the LTM weekly portal, estimated to take a few weeks.
  → To-Dos
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  Grady Lakamp Grady Lakamp will send an email updating the team and copying Derek to start the conversation about landing the Cat6 cable and activating the QMC meter connection.
  → To-Dos
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  Bob Kennedy Bob Kennedy will email the scorecard, including definitions and the red/yellow/green key, to the team immediately after the meeting.
  → To-Dos

None.