We are very excited to share with you the latest and greatest news regarding the McAfee Sports Center, the future home of the Beavercreek Stars. Today we finalized a Loan Commitment Letter with Wright-Patt Credit Union, a well known supporter of our community. Assuming the results of our appraisal yield the value we expect, this financing arrangement will provide the necessary funds to complete the build-out of the athletic courts. This is a long-term partnership that we are all very excited about!!
The current plan is to close on this financing arrangement in mid-December, at which point we will have access to the funds to begin the construction project. In late December, we will finalize our project plan and also finalize all of the contracts with the required sub-contractors. Construction is expected to begin in early January, continue throughout the spring, with an anticipated project completion of June 30, 2016. We appreciate all of your support as we have worked through the various phases of this fundraising process. We also hope you all share our enthusiasm to see the "Kids on the Courts" for the 2016 season!!!
We continue to pursue additional sponsors at various levels, including court sponsors, scoreboard sponsors, score table sponsors, and other sponsorship packages. If you are interested in helping with a personal sponsorship or donation, please contact me directly at the email address listed below. In the near future, you will see additional communications regarding our internal fundraising program as additional details are available. We also continue to pursue additional tenants for the "business segment" of this facility. If you are aware of any potential sponsors or tenants, we welcome your assistance in making contacts in order to make this venture as financially successful as possible. Let us all remember, the more successful this facility is, the lower the cost will be to current and future Stars players.
At this point, we encourage you to share this wonderful news about our new partnership with Wright-Patt Credit Union. We want this information to be shared with as many community members as possible.
If you have any questions, please feel free to email me at firstname.lastname@example.org.
Stars Board Member
Vice President and Treasurer, OSYSS
Grades 1st-8th boys and girls
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