- The general contractor has accomplished 10% of the total work contract, and a second progress billing of $275,000 is due this week.
- The storm sewer connection has run into a section of the gas main pipeline, which needs to be raised by about three feet, and FortisBC is charging us more than $20,000 for this alteration. We have discussed this with our engineering consultants to negotiate for a much lower cost by defining the scope of work so as to rule out duplication of work that the sewer construction company has already contracted to do.
- To date, the plumbing for water and drainage for the washrooms, the electrical connections for street lighting, and the grading of the parking lot are in progress.
- Clay and silt material dug from the ground to make way for the drainage system is unsuitable as backfill and will have to be disposed of at additional cost.
Current Status on Material Offerings:
| Offering Goal | Current Accumulated Offerings | Current Disbursement | Current Balance |
|---|---|---|---|
| $4,500,000 (CAD) | $2,619,499 (CAD) | $1,264,472 (CAD) | $1,355,027 (CAD) |
| Percentage of our Goal Achieved at Present | Current Deficit | ||
| 58.21% | $1,880,501 | ||
