Monday, August 2, 2010

On the verge

Fast forward two years !
...........................................


- Stonehenge Projects Inc., experienced general contractor, offered to take over the project.

- Mission Creek (mortgage corporation from Kelowna) has approved construction loan
(although for less than originally promised).

- Community Futures-Nicola Valley offered to buy out the first mortgage on the property
and yield priority to the construction lender.

- Creditors, recognizing that the only way to get their money back, is to finish the project,
signed off.

We are finally seeing a light - will we get to the end of the tunnel ???

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