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Two happy students.

Contract has been signed for the new land

Posted: 4 Apr 2009

cimg5453 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)