So where are we at?
The Total Project Cost inclusive of VAT is circa €430,000 which includes full finishes to Clubhouse and Community Room.
The main monies we have accumulated thus far are:-
- Sports Capital Grant of €85,000
- FAI Pledge of €10,000 a year for 10 years (Total €100,000)...we can borrow approximately €80,000 now based on this commitment.
- Cork County Council Grants €23,000
- Eli Lilly €10,000
- Advertising Hoardings at Madden Park €5,000
Outgoings to date come to around €12,000 for Planning Fees, Archaeological Assessments, Engineers Fees and Photomontages etc. Thankfully our local architect has agreed to waive his fee of €15,000 for the project.
While we have had very generous donations there is significant shortfall in the capital required to deliver the project.
It is very straight forward; the sooner we have €50,000 in our account the sooner we can make our final grant application and the sooner this project can be completed.