text: Financing and initial exhibitors The WFC planned to issue $500 million in bonds, which were later decreased to $150 million. Moses proclaimed that the 1964 fair would be a "billion-dollar" event, though this included expenses for related projects such as roads and the nearby Shea Stadium. The WFC leased about  from the city government in May 1960. Moses hired former lieutenant governor Charles Poletti and military engineer William Everett Potter to organize the exhibits.  A design committee had proposed one massive, doughnut-shaped pavilion. Moses rejected the plan, and the design committee had been forced out by the end of the year. Moses did not devise any master plan for the fair; he wanted to save the WFC money by having exhibitors erect most of their own pavilions, The city government implemented a building code and health code, which Potter enforced. Nearly all buildings were to be temporary structures.
  The 1964 fair was to be themed to "peace through understanding". WFC member Jerome Weinstein had devised the motto, which was inspired by an ideal that Kopple had wanted for his daughters. Moses wrote that the fair was meant "to assist in educating the peoples of the world as to the interdependence of nations and the need for universal lasting peace". Exhibits were to be divided into five areas, including a transportation area operated by the Port of New York Authority. The original plans called for an amusement park area, which was canceled after the WFC could not find an operator.  By August 1960, the first ten exhibitors had applied for space at the fair, and architectural blueprints had been submitted for the fair's first pavilion. The WFC began sending delegations abroad to invite foreign governments to the fair.