The great news is that we have reached our first target and raised the £90,000 for the first payment together with our legal fees. This is an amazing accomplishment.
Thank you to all of you for helping us get this far. The balance to raise stands at just over £70,000, but the good news is we have 8 months to raise that amount.
What next? Our priority is to get the legal documentation in place to secure the land. The time frame for this is slightly out of our control but we have lawyers working on it and expect to sign that in about a month. At the moment the land remains in the ownership of the original sellers. They continue to be committed to selling it to the community.
What are the fundraising plans? The £90,000 mentioned above has been donated almost in its entirety by local residents, which is amazing! We will continue to spread the word about the campaign within Hertford. We haven’t yet tapped into local businesses and developers. We’re applying for a variety of grants, have a few events in mind and continue to welcome suggestions for ways to fundraise the balance.