When the NYC Department of Parks and Recreation awarded Donald Trump the rights to operate a golf course in Ferry Point Park in 2010, Trump represented that he had a net worth of $3 billion and $200 million in cash on hand, according to documents presented as evidence.

Over the next decade, in letters to the Parks Department, Trump claimed that his net worth was as much as $4.9 billion, according to the evidence.

"We wanted to be sure, as we would always, that the operator in place had the funds to deliver on their obligations," David Cerron, the Parks Department's assistant commissioner for business development and special events, said of the agency's requirements for maintaining the licensing agreement on an ongoing basis.

The New York attorney general alleges that Trump inflated his net worth by as much as $2.2 billion during the timeframe and never actually had more than $2.1 billion to his name.

"Would the Department of Parks and Recreation expect this representation to be true, complete, and accurate?" state attorney Sherief Gaber asked.

"Yes," Cerron said.

During cross-examination, defense attorney Jennifer Hernandez highlighted that Trump's financial capacity was the least significant factor considered in the 2010 agreement, compared to other factors like operating experience and operational plans.

"It had the lowest importance to the selection committee?" Hernandez asked.

"This was the lowest," Cerron responded.

Hernandez also highlighted that Trump was not required to submit his own financial statements and that he never missed any payment or financial obligation related to the licensing agreement.

Trump operated the golf course until its lease was bought out by Bally's in 2020, after the city sought to cut its business ties with Trump following the Jan. 6 attack on the U.S. Capitol.

In 2020, the same year Donald Trump valued his Mar-a-Lago social club at $517 million in his statement of financial condition, the former president's tax representative signed a waiver agreeing with a much lower market value of $27 million, according to documents entered into evidence at trial.

Judge Engoron already determined in a summary judgment that Trump overvalued Mar-a-Lago by "at least 2,300%" by valuing the club between $426 and $612 million in his financial statements, despite the Palm Beach county assessor appraising the value between $18 and $27.6 million between 2011 and 2021. The documents entered into evidence today, as well as testimony from former Trump Organization VP Raymond Flores, adds context regarding who at the Trump Organization could have been aware of the discrepancy.

Trump's tax representative tried to appeal the assessment in 2020 before eventually withdrawing the appeal. In that withdrawal, Trump's representative conceded that "the petitioner agrees with the determination of the property appraiser or tax collector."

"Was it your understanding that the appeal was withdrawn because the Trump Organization agreed with the value of the property assessor?" state attorney Andrew Amer asked Flores about the $27 million valuation.

"Yes," Flores answered.

Trump Organization controller Jeffrey McConney previously testified that Trump valued Mar-a-Lago as a private residence from 2011 through 2021, despite Trump signing a deed that restricted Mar-a-Lago's usage to a social club, thereby limiting its resale value.

During a 2021 email exchange, Flores forwarded an email to former Trump Organization CFO Allen Weisselberg and Eric Trump in which Trump's tax broker, Michael Corbiciero, explained the tax implications of classifying Mar-a-Lago as Trump's residence, rather than a social club.

"Currently this property is assessed as a private club with the current assessed value at $359/sqft'' compared to nearby properties valued at nearly ten times the rate, the email stated. Corbisiero ultimately recommended against classifying Mar-a-Lago as a residence rather than a social club due to the tax implications, according to the email forwarded to Eric Trump and Weisselberg.

The New York attorney general plans to call David Cerron, an assistant commissioner at the New York City Parks Department, to the witness stand later today.

Cerron is expected to testify about Donald Trump's arrangement to operate a golf course at Ferry Point Park in the Bronx, New York.

The attorney general claims that Trump's 2010 bid to operate the course relied on fraudulent financial statements.

"The award granting the Trump Organization the concession cites Mr. Trump's wealth as one basis for award, and the contract documents include a personal guaranty by Mr. Trump," according to the attorney general's complaint.

Former Trump Organization Vice President Raymond Flores is scheduled to return to the witness stand this morning.

Flores’ testimony, which began on Oct. 20, was postponed after a COVID-19 exposure delayed proceedings last week.

Flores was asked during his testimony earlier this month about his role in reviewing Trump’s financial statements and overseeing his golf courses, but said he could recall few details about his work in those areas.

Former President Donald Trump's plan to deliver part of his closing argument Thursday, as reported yesterday by ABC News, is now in doubt after he failed to meet a deadline to agree to limitations imposed by Judge Arthur Engoron.

According an email exchange between Engonon and defense counsel that was posted to the public docket Wednesday, Engoron said that Trump would have to follow the case's limited gag order, and that he would not be allowed to "impugn" the New York attorney general or her staff -- limitations that Trump attorney Chris Kise rejected, calling them "untenable."

"The limitations I am imposing, in my absolute discretion, are not subject to further debate. Take it or leave it," Engoron replied on Jan. 9, according to the email thread.

When Trump's lawyers missed the first deadline set by Engoron, the judge determined that Trump could not testify. Kise then responded that he did not see the deadline and requested that the closing arguments be postponed because of the death of Melania Trump's mother on Tuesday.

"I am sad to advise the Court that Mrs. Trump's mother passed away this evening. Because of the challenges presented by this deeply personal family matter, President Trump has asked that I request the Court postpone the date for closing argument," Kise wrote yesterday.

Engoron promptly denied the request and said the closings would continue as planned.

"On balance, going forward makes the most sense. Please tell Mr. Trump that I am sorry," Engoron wrote.

Kise informed Engoron that Trump still planned to attend the closings and speak.

"Despite the fact that his Mother-in Law, who he was very close to, passed away late last night, President Trump will be speaking tomorrow," Kise said in an email this morning.

When Engoron asked for assurance that Trump agreed to his rules, Kise pushed back, writing, "You are not allowing President Trump, who has been wrongfully demeaned and belittled by an out of control, politically motivated Attorney General, to speak about the things that must be spoken about."

"I won't debate this yet again. Take it or leave it. Now or never. You have until noon, seven minutes from now. I WILL NOT GRANT ANY FURTHER EXTENSIONS," Engoron replied at 11:54 a.m.

After Kise failed to respond, Engoron emailed him at 12:12 p.m. that he assumed Trump would not be speaking and that their email exchange would be posted to the court's public docket.

Responding to the development, Trump's legal spokesperson, Alina Habba, said in a statement to ABC News: "Is anyone surprised anymore?"