CAPITAL PROJECT PITAL P


By Diane White, Alliance Association Bank, a division of Western Alliance Bank. Member FDIC; and Nicholas Bartzen, Altus Legal, LLC


LARGE-SCALE CAPITAL PROJECTS can be daunting enough for associations, but arguably one of the most stressful components for volunteer boards is figuring out how to finance a project when there hasn’t been enough reserve money saved to cover the costs.


2 | COMMON INTEREST® • Summeumm r 201 0 9 • A Publiblication tion of CAI Ill noi A -Illinois Chapter apter


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