At the special membership meeting on Jan 26, membership approved the purchase, funding, and financing of the 233 acres adjacent to the current club land holdings in Hanover County.
The land purchase is shown on the right in red. This illustration shows the location of the land purchase in relation to existing ranges. The bright line through the map is the power line right of way. The illustration on the right indicates the specific parcels of land that are in included in the purchase.
The funding for the purchase is outlined in the file below. The mortgage bonds will be offered to any club member of immediate family of a club member. IMPORTANT CLARIFICATION: These bonds are not open to the general public.
The financing for the repayment of the bonds will be accomplished with the following actions.
Details of the bond issue are noted below:
Application for an investment in the bond issue is found below:
Applications can be sent to John Williamson (email and physical address in bond notice). There is significant interest in the bond, and as indicated applications will be applied to the total on first-come basis. Please note the deadlines for applications and the receipt of funds by Mr. Williamson.
Questions about the bond can be emailed to Ed Coleman (ecoleman45@aol.com) or to the club email address cavrpc@gmail.com.
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