Many of you are asking: NOW WHAT? Well here is Petsafe answer to how the $100,000 will be spent. I know you worked VERY hard to win this money and I assure you it will be spent wisely. Use and Funding of Grand Prize: The $100,000 Grand Prize cannot be used to purchase land and must be used only for direct costs of development and construction of the dog park, such as design fees, permits, site preparation, construction services, building materials, installation of utilities, and other capital expenses related to development and construction of the dog park, which shall be set forth in a project budget and subject to Sponsor’s reasonable approval (the “Approved Expenses”). If the cost for constructing the Grand Prize Winner’s dog park is less than $100,000, the remaining funds will be donated by the Sponsor to the tax exempt animal shelter closest to the dog park. The Grand Prize will be paid and disbursed to the Community in three (3) installments at the following milestones of development and construction of the dog park: one-third of the funds will be disbursed upon approval by Sponsor of the Community’s plan for the project, which shall include the site information, concept plan, plans and specifications, budget, cost estimates and construction timeline; one-third of the funds will be disbursed upon issuance of all required construction permits and commencement of construction by the Community; and one-third of the funds will be disbursed at the grand opening of the dog park following completion of construction. The grand opening of the dog park should take place no later than the Spring of 2017, subject to weather and other factors beyond the Community’s control. Sponsor will not be responsible for delays in approvals, construction, planning, or other issues outside of Sponsor’s control.
Posted on: Sun, 10 Aug 2014 16:31:12 +0000
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