OBP Update – A Message from Lawrence McDonough

Gents,

We have received the approval in principal from the Foundation and the Commandant to business plan with limited funding (up to $4500 total) the final three project proposals – RSM, Bas reliefs, Plinth (in that order).

I am asking the three project nominators to investigate these ideas further and to advise on a suitable plan for acquisition, cost and details. If there are necessary expenses in developing the business plan, we can ask for specific funds. I have proposed that such a request be made through Ken (representing the Class financing committee) and then to the Foundation. I suggested $2500 for the RSM project (some funds might be required to get historical research done – $1500 maybe) and professional services of $1000 for each project.

Below, I ask some questions which have been raised and that should be addressed in your plan. I suggest we jointly discuss progress in Feb 2015 – we should have a better idea of class funding and pretty solid costs estimates by project. That might be the time to choose which projects can proceed.

I would recommend that the Class be advised of the three project leaders for the business plans. The class may be solicited for specific ideas related to specific projects or to volunteer to help out.

Cheers, Lawrence