To view the update presented at the annual meeting click the link below:
We have reached the necessary minimum of $250,000 to implement the Promissory Note program to finance Phase 2 of our Infrastructure Project. As of Wednesday, May 24, we have received $270,000 of Promissory Note investments from 21 Cottage Owners. We also have commitments from 2 more cottage owners for another $25,000 investment.
So that brings us to a total of $295,000 so far in Promissory Notes to fund the project. Our current estimate is that we will need about $400,000 of financing for Phase 2 of the project. So if you have not already contacted John Waggoner with your intentions to purchase these Notes, and still wish to purchase them, please let him know at email@example.com or 614-406-1690.
All streets except Maple, Ash, Walnut, Cherry, Linden (from First to Linwood), and Linwood from Tabernacle to Liberty Avenue. Those roads should be completed next week, weather permitting.