The new irrigation system has been put on hold. The Bank is requesting an appraisal of the property and until that is done the loan can not be secured. What the impacts of this are is not known at this time. It depends on when we do get the loan finalized. The board has done a good job in the fact that no contracts have been signed so the club is not obligated for any part of the work or any materials. Only for the plans of the system and cart paths that have already been developed. If you have any questions please do not hesitate to ask. I will keep you posted as things develop.