Contract has been signed for the new land
Posted: 4 Apr 2009
Siem Reap, Cambodia.
A Lease Agreement for 5 years has been signed for the land for the new Veal Village school.
Costs:
- $180 per month for the first 3 years, $220 per month for the 4th and 5th year.
- Deposite $1540 (not refundable in case SOID terminates the contract within the 5 years)
- If the land owner need his land back during the contracted period, he has to pay for all of the buldings and pay back double of the deposite, meaning $1540 x2.
- After 5 years, SOID can remove and get all material from the land back.
Construction & building costs:
- Contractor: $1710
- Volunteers from the village - free
To be able to start building SOID needs:
- $ 1540 for deposite
- $ 1710 for contractor and building construction
- $ 180 for the first month
Grand Total $3430 USD
Mr Vanna:
“To all sponsors I express my deepest thanks and I appreciate your hard work in fundraising to help my children at this moment.”
“It is better to know some of the questions than all of the answers.”
James Thurber (1894 - 1961)