The Financials

Fall in the RRG. Photo by Ben Cassel.

The freedom to pursue free climbing isn't free. In fact, it's financed annually.

On July 15 of every year until 2013, a payment of more than $29,000 is due.

Raising money to finance this historic purchase is currently the main focus of the RRGCC. Nearly every dollar raised, whether through memberships, donations, sales, or events, goes towards making this annual payment.

Below is a breakdown of the financials for the PMRP.

This page is still under construction

2005 Expenses

2005 Funding

Financial Summary

  • $325 per acre
  • 700 acres on the deed
  • Total purchase price: $227,500
  • Owner financed at 8% - not mortgaged through a bank
  • Annual payments are due July 15th
  • Payments from July 2004 through July 2009 are $29,383
  • Payments from July 2010 through July 2013 are $29,385
  • Final payment scheduled July 15, 2013

Countdown to Ownership

Principal owed after the 2007 payment is approximately $135,857.

  • 2008 - $117,333
  • 2009 - $97,326
  • 2010 - $75,728
  • 2011 - $52,401
  • 2012 - $27,208
  • 2013 – It's Ours!!!
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RRGCC - PO BOX 22156 - Lexington, KY 40522-2156
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