Building Acquisition
Compatriots,
I am delighted to report that on February 23, 2008, the Trustees, after considerable
debate passed three motions from the Executive Committee concerning the initiative
to move our Headquarters to the West Main Street area of downtown Louisville.
The motions passed are as follows:
1. Exercise the Purchase Option on the Fulton Conway Building.
2. Defer the start of the build out until sufficient funds have been raised
including tax credits to fund it.
3. When the build out is complete, sell our current property and place the
proceeds into an endowment for outreach education and the operation of the new building.
Further, the Executive Committee has verbally committed to report our progress to
the Trustees and Membership at the Sacramento Congress. A more refined
design will be presented as well as more refined cost projections and detailed
project plan. Critical to the success of this project is the raising
of sufficient donations to fund it. We believe that with the commitment
we have to proceed that foundations, corporations, government agencies and, most
importantly, our members, will be generous with their support. I want
to thank all who have offered comments, concerns, and questions, both for and
against this proposal. This dialog has provided the input necessary to
provide information and develop this plan into a form that the Trustees could
feel comfortable with and approve. I assure you that we will make every
effort to earn your trust and confidence as we proceed down this road to create
a home for our Headquarters and the Center for Advancing America's Heritage that
will do us proud.
Respectfully,
Bruce A. Wilcox President General
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