Our PLACE update
I would like to extend a heartfelt thank you to the many individuals and organizations who contributed either financially or through volunteering to assist us throughout 2020. We are now into a new year and continue to make good progress toward our goal of bringing Our PLACE into the communities of Loudon and Monroe despite setbacks caused by our environment. Fundraising continues at a strong pace as we move toward our initial goal, but increased costs impacting the construction industry and first-year operating costs have moved our financial needs much higher than our original goal. Finalized construction plans are now in the hands of a small group of vetted contractors and we should have a solid idea of costs at my next update as well as a defined date for groundbreaking during the second quarter. To offset any shortfalls extending from new projections we have obtained commitments from a few financial organizations in the form of a construction loan which can be later converted to a mortgage if needed. We will continue to update this website as news develops and hope that you will again this year continue to support us both financially and through volunteering. Thank you again for your involvement and support of Our PLACE.
Jim Dezzutti Volunteer Chairman.