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Today I am with the treasurer of the Save Cayucos Pier Foundation, Laurie Leary. She is a longtime local CPA here in Cayucos and she's going to be talking about the Foundation today because I have been getting a lot of questions about it.
The foundation has raised over $500,000 dollars since the campaign started last 4th of July. Donations are still being accepted, and there is also a program where you can buy a plaque that will be placed on the pier with your name on it if you want to make a larger donation.
Initially the foundation pledged $100,000 dollars to the county, but now with all of the extra assets, the foundation plans to use the extra money for improvements to the pier, as well as fund the ongoing maintenance of it. Every three years the pier will be inspected both above and under water as part of this program.
About $250,000 has already been spent to stabilize the pier (this is the county's money), and another $1 million will be needed for the renovation. The county has told us that they're confident they can raise these funds to do the necessary work.
The 12-week renovation project will begin in July when all the necessary permits are obtained. Hopefully the pier will reopen this fall.
For more information go to: www.SaveCayucosPier.org There is a link to the community foundation which is taking donations on our behalf. There is also a phone number for the foundation, which is: (805) 503-5982
As always, if you need any help with real estate in Cayucos, give me a call at (805) 995-2900 or email me at dale@cayucos.com. I would be glad to assist you in any way.
