No pictures, but we are a couple of steps closer to our goal. Our loan papers with the UCC Cornerstone Fund have been signed as well as the Deed of Trust. Everything was in order, so they gave us the go-ahead to record the Deed of Trust with King County, which I did this afternoon. Proof of the recording has been sent along to Cleveland, so now we wait for the final OK. That will open our access to our loan and we can move ahead with final drawings.
I know there was a lot of excitement as we wrapped up our Stepping Ahead Capital Campaign on Easter. There was more excitement when we voted to take a further step ahead and borrow extra money to complete the project the way we wanted. This summer has been busy behind the scenes with getting all of the paperwork in order. I want to thank Norris P. for all of his work on the loan document. Our Office Manager, Tricia G. and our historian, Myrna H. helped track down information as well. A big thank you to Bob D. who did the legal work for our "Opinion of Counsel", a necessary part of the closing process.
We still need to be patient, because there will not be any physical work done until the building permits are approved and HHJ bids the project. That could be 2-3 months. We don't need a Fellowship Hall for Christmas anyway, right? Mary, Joseph and Jesus got shoved into a stable, so I'm sure we can make do with the Chapel.
Wednesday, September 5, 2012
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