1) The settlement that we agreed to with the former builder included a stipulation that all subcontractor claimants would sign lien releases on the church and the building. We are told that this is completed.
2) There is one subcontractor who we need to sign a new subcontractor agreement. This has been agreed to already. We expect that he will sign that document tomorrow. Provided that happens, we can disburse the settlement funds tomorrow and this will all be over. Finally!
3) Some serious work is going on now on the building, in anticipation of the execution of this settlement.
Once the final doc is signed and the money is disbursed, which are expected to happen tomorrow, I will make another post talking about our plans to get the building completed.
Please continue to pray for this situation. It's almost over.
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