Project Milestones
Alhamdulillah, the purchase of ILM Academy's own building is becoming became a reality with your support! At this point, funds are needed to complete Phase II of the project: Renovations.
Phase II Costs: $750,000
Below are some milestones related to funds raised:
May 2012: A building fund is setup to collect monies solely for the purchase/construction of a new building.
May 21st 2012: The 1st ILM Academy public fundraiser for the building fund. $126K is pledged in donations from parents and community members.
June 2012: ILM Academy secures an interest-free loan to cover Phase II (construction).
Oct 2012: ILM Academy enters into a contract to purchase the selected property for $750,000.
Oct 20th 2012: ILM Academy parents pledge another $63K in donations.
Oct 2012: ILM Academy secures an interest-free loan for $400K for Phase I (purchase).
Nov 11th 2012: 'March for ILM' walk-a-thon for ILM Academy parents in partnership with Verizon Foundation raises $33K.
Dec 14th 2012: Fundraising Dinner - The culmination of our fund raising efforts with $63K raised!
Dec 18th 2012: The Building is purchased by securing an emergency short-term (interest-free) loan.
Jan 2013: Pre-planning for Phase II started: Initial sketches for floorplan, 2nd floor feasibility, etc.
Feb 2013: Construction Committee, Fundraising Committee formed.
Mar 2013: Architect, PM and other professionals formally engaged on the project.
Mar 5th 2013: Conditional Use/Concurrent Variance Application submitted to Roswell for Phase IIB.
Apr 2013: Minor Repairs, Asbestos Removal, selected demolition started.
Apr 18th 2013: Architectural plans submitted to City of Roswell.
Apr 25th 2013: Building Permit issued by City of Roswell.
May 13th 2013: Construction begins.
May 17th 2013: ILM-a-thon Parent Fundraiser. $60K raised.
May 26th 2013: End of Year Ceremony. Parent Fundraiser #2: 44K raised.
June 2013: 250K in interest free loan secured for construction.