We raised over $125,000!!!
It seems we always have a reason to celebrate at Plumier but this week more so than most. Not only has our grant been matched, but a $100,000 gift at the end of last week took it up to right at $125,000, so not only did we add $125,000 to our building fund but also a got to see $100,000 go into operations adding to a more secure future. We can’t thank those who have helped enough. Your response has been incredible and encouraging.
This puts us at the 80% mark on the building fund, at $480,000 in commitments on the $600,000 project. It’s certainly a reason to celebrate, but not rest.
With the additional money in the operating fund, it puts us in a good position to bridge the gap with a loan and continue the building and renovation process with confidence; however, having the building mortgage free represents a giant leap toward accomplishing our mission. Housing a student for a year will be approximately $8000, roughly equivalent to the interest on $125,000. Getting through the project debt free equals educating students.
Again, thank you, thank you, thank you. We couldn’t do any of this without member support.
Now, onto the news of the project itself.
Historical buildings each come with their own set of special challenges, and this building is no exception. That said, we’re not finding any big surprises. At present we’re nearing the end of the demolition stage. The floors have been removed and the crawl space leveled. The building has been completely cleaned out, and next we will be heading into leveling out the second level floors, creating new pillars to set the “posts” of the main construction on, and we’ll be laying out the plumbing and such that will go under the sections that will be concrete. So far, it’s going as anticipated; and the work is going as planned or better.
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