At the Special Meeting of the Membership, held last evening, the land improvements, in preparation for a travel lift at the RKYC, were approved. It is anticipated that the project will cost in the area of $250,000 (excluding the cost of the travel lift). The estimate will be refined as we progress through the design process with our engineers, Fundy Engineering. Provided all proves satisfactory, the project will begin in June/July, 2017. Our spring launch will occur as usual. Scotiabank will be providing the financing of the project and RKYC dues and fees to fund the land improvements will not increase over our normal inflationary adjustments.
Good discussion occurred at the meeting and we would like to thank all that attended and provided input.