RRC Archives

Today we’re happy to announce that the Access Fund is providing the RRGCC short-term financing to restructure the current seller-financed loan on the Pendergrass-Murray Recreational Preserve. That’s a long way of saying the Access Fund is helping the RRGCC save nearly $10,000 dollars in interest payments by loaning us, via the Access Fund’s Land Conservation Campaign, $65,000 at 2.5%.

http://rrgcc.org/pmrp/the-access-fund-a ... /#more-991

thank you Paul Vidal, Morgain Sprague, Dr. Bob & everyone else that worked together to get this grant!!! you guys rock!!! we really have a great Board of Directors!

it gets even better!

The refinance will also eliminate the risk of losing the property to a private third-party, since a missed annual payment under the previous seller-financed loan would have returned the property to the seller and the funds raised by climbers would have been lost.

The refinance deal will set aside approximately $15,000 for land management costs of the Pendergrass-Murray property, as well as funds to allow RRGCC to pursue more climbing areas in the region.

im sure we will find something to fuss about soon........ but for now pat yourself on the back, sit back with a sigh of relief and smile for a job well done.

many thanks to those that busted hump to get this done as well as to the access fund for supporting grass root organizations like ours.

That is amazing, great work guys.

This is HUGE! So cool. So, when do we here about these other areas we are pursuing?!?

good job, BOD. You did it. The property is safe. I am saying it now... MISSION ACCOMPLISHED!!!!

Thanks to the AF. Money well lent.

damn I love living in kentucky

the lurkist wrote:good job, BOD. You did it. The property is safe. I am saying it now... MISSION ACCOMPLISHED!!!!

Thanks to the AF. Money well lent.

definitely a lot of good things going around.. but i caution on the mission accomplished. if we do call it mission accomplished, we have a new mission:

new mission: $65k in two years.. let's roll!

Yeah, way to go guys!!! Now let's buy some more climbing areas!! Thanks for all the hard work...

Awesome!

LOL, but if I were you, I would have kept it quiet... or else people get this idea that it is all good now, no further effort/donation/contribution is required from them personally.

As it is, I was having this conversation with people i went climbing with a couple of weeks ago. Two of them were relatively new and infrequent visitors to the Red, so when they saw a "RRGCC is your project, SEND IT!" poster at Lago Linda, they paid attention and started asking questions. I was in the middle of my "everyone has to contribute, how much is this weekend worth to you, surely $10 is not a big deal, you liked climbing in the Southern region yesterday, all that effort that went into development, imagine loosing PMRP... etc. etc." spiel-- when another woman I was with, a climber with 10 years of experience who is at the Red every other weekend, piped in saying :"nah, they always hype it up, but somehow they always come up with those $30k every year without my help, not a big deal!" GRRRRR!!!!