|
As of today, we are still waiting to hear from FEMA as to whether or not we are grant recipients for the Region 4 dam projects. Hopefully by the next Roots & Wings we will have our answer to pass along!
The good news is that they recently requested information on our budget and how much we have available in funding as well as whether we are shovel ready. Thanks to the Capital Campaign, we are continuously growing our available funds and we are definitely shovel ready!
As soon as we have the funds in place, we will remove and rebuild part of the dam as well as install a new drainpipe and replace the deteriorating spillway, ensuring structural integrity.
Dam Project Funding Breakdown:
• The total cost of the project: About $800,000 including $200,000 already spent on permitting, diagnostics, engineering plans, and more.
• The cost of the rehabilitation work: About $600,000
• Total donated or pledged to date for next projects: About $450,000 to complete this and other important Capital Campaign projects.
In addition to rebuilding the dam, the Endowment Annual Gift to The Mountain is providing $28,321 to rebuild the floating dock, repair the permanent dock and water sports storage shed, as well as refurbish the beach.
All of the lake restoration projects should commence in early fall meaning our campers and guests will be able to enjoy the water throughout the summer.
|