I'm dispensing with the historical format and information. If any newer members or folks who weren't at the annual meeting have questions, feel free to email me, or check out the announcement on this google group, 15 MAY post.
I want to update our membership, as I usually do quarterly, and I need to ask folks to be careful with the info. The Nihon Ki-in has explicitly asked us not to publish anything announcing the sale has closed before they are ready to announce.
The most important information was discussed at the annual meeting:
* We closed the sale of the property 30 JUN.
* Due to covid, supply chains, labor, Ukraine destabilizing financial markets, etc., our business partner needed to postpone breaking ground until SEP 2023.
* SGC will not move to interim space until construction begins, and we have free use of the current building.
* The Nihon KI-in has reimbursed us for various expenses to develop this deal and for some operating costs in 2022.
* As usual, we need to do fund raising to balance the budget and to maintain our gold standard public charity status.
We are working with the Nihon Ki-in how to support Seattle Go Center, but there won't be news on that for several months.
Cheers,
Bill
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