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High Noon Rotary Club of Durango

District 5470

Club 1161

Meet at Doubletree Hotel

Time:  12:00 Noon

Thursdays

 

Newsletter: October 16, 2008

 

 

Fellow Rotarians: 

 

 

 

 

¯   PROGRAM:  Paulette Church and Harry Bruell, the catalysts for bringing The Commons building to fruition were the program.  Paulette represents the Adult Education Center and Harry the SW Conservation Corps.  The Commons Building is the ugly grey building NE of Albertsons facing Camino del Rio. Important project points:

¯  Building Costs: $5.2mm, Renovation $2.4 mm for a total of $7.6mm.

¯  They got a lot of free money: 1) $852,000 individuals, 2) $424,000 from foundations 3) $684,000 from Community Development Block Grants and 4) $430,000 from New Market Trust Capital.

¯  They have raised $7.2mm (98%) of all the money they need to complete the project.

¯  The project took 2 ½ years to put together including some help from High Nooner, Mark Donohue. Fund raising started in early 2007.

¯  Rent from the 20 or so non-profits occupying the building pay the debt service.

¯  The project creates tremendous synergy between all the non-profits so it makes them much more efficient.  For example, recent graduates of the SW Conservation Corp went on to Pueblo Community College with credits they received from their work in SCCC and when they complete their work at PCC, Fort Lewis will offer them scholarships to attend the Fort.

¯  This project is a great example of how to work together and get something really complex done in a timely manner.  Good job Paulette and Harry!!

 

 The Four Way Test in everything we do and say:

Ÿ  Is it the truth?

Ÿ  Is it fair to all concerned?

Ÿ  Will it build good will and better friendships?

Ÿ  Will it be beneficial to all concerned?

      

 Yours in Rotary,

 

Editor

Wayne Bedor     

waynebedor@yahoo.com