GAMMA THETA HOUSING FUND
FIND OUT WHAT IS GOING ON AND HOW YOU CAN HELP
Brothers,
When it comes to the current state of the Gamma Theta house, things are dire! The Bel Ridge Fire Inspector hasn’t allowed anyone to live in the house for a couple years now. It’s just a matter of time before he condemns it like he did the old Sig Pi house. Once COVID hit, the University really pressured the Actives not to gather at the house at all or be hit with Social Probation. With that being said, the house was empty for extended periods of time which led to all the copper pipes being stolen. At this point there is no water in the house. We are extremely concerned that the 2022 Fire Inspection will result in the home being officially condemned.
The Housing Fund currently has around $130,000 in the account. This leaves us with only two real options.
The original plan was to demolish the current home and build a new one. With the drawings and plans we currently have (from 2019) that cost WAS around $250,000 - $275,000. With the current labor rates, supply chain issues, and over all inflation we think that number is more like $325,000 - $350,000. We would need some MAJOR donations instantly to make this happen.
We rebab the entire house down to the studs. This would mean new roof, security doors, new bathrooms, small kitchen area that can be blocked off, new layout on the main floor, new electrical, new fence, water system, new deck, and HV/AC system. While this may need additional funds, it would be much less than building a new house.
We rebab the entire house down to the studs. This would mean new roof, security doors, new bathrooms, small kitchen area that can be blocked off, new layout on the main floor, new electrical, new fence, water system, new deck, and HV/AC system. While this may need additional funds, it would be much less than building a new house.
Since the original plan was to build a new house, we wanted to get some input from alumni that have donated over the years, and those planning to donate now. Which option do you think is the best choice at this point? Either way, we need to act in the next 30-60 days or we are likely not to have a house at all.
Fraternally,
Bill Hardebeck, Todd Stimson, Mike Anderson, Brad Thompson, Kurtis Parks, Kevin Nelson, & Kevin Sigillito
