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- W2183090852 abstract "40' x 88' (x 10' high) barn on a new pad, 100 amp service, and tear down of the old barn (old pad could be used for handicap parking). The barn would have room for 66 - 72 carts which could be rotated, extending their life. The quote did not include a 12 x 12 lockable storage room or new water line as we had requested. We are waiting for a quote from another vendor for the barn. Capital Requests Report. John Gibson met with our bank to discuss refinancing our current mortgage to the maximum qualified amount in order to generate additional cash to meet some of our capital needs. John estimates we could refinance our $230,000 current debt to $400,000, which would generate $170,000 cash to be used for capital purchases. After much discussion, the F&B Committee voted to recommend that the Board proceed with an application to borrow the maximum amount possible at the best interest rate available for a 15 year term. The additional cash generated from the loan is to be used for capital expenditures which the F&B Committee and Board will choose from a prioritized list." @default.
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- W2183090852 date "2014-01-01" @default.
- W2183090852 modified "2023-09-27" @default.
- W2183090852 title "- Jerry Lesperance reviewed his revised Needs Report, which was updated to reflect the latest" @default.
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