Thursday, 02 August 2007 09:19
Knight Foundry Project Gets "Hopeful News"

Fahrenwald explains how the process to get this
far worked. “In order to gain admission to these ranks an applicant needs a
score of 70 in the application section evaluation and to rank among the top 25%
of the applicants in the Division. Division 4, Public Agencies, had 60
applicants.” The Knight
Foundry’s application for $1,074,000 in matching funding - submitted by the
City of Sutter Creek, which was crafted by the Knight Foundry
Corporation and supported by the work of the Knight Foundry Fundraising and
Capital Campaign Committee - is among the finalists with a score of 82.0! The last phase of the
selection process comes on Aug 22 & 23 when the CCHE board meets to
allocate funds. “There will be a great winnowing out at that meeting.”
says Fahrenwald. The applicants in past rounds have had the opportunity to make
a five minute presentation in support of their project and then answer
questions from the board. Fahrenwald
says that there are a few things to do between now and the CCHE board meeting
to strengthen the local resource’s position, with securing solid additional
matching resources chief among them.” But he says “ It is a hopeful step
forward”