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What is the Capital Improvement/Building Maintenance Fund?

April 26, 2017building Capital fund improvement maintenance

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What is the Capital Improvement/Building Maintenance Fund?

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CBI asks all new members age 35 and over to contribute to this Fund. A portion of this money is used each year to pay for improvements and major repairs, including purchase of equipment and furnishings. The balance is kept in a reserve fund. Contributions to this fund can be made in small installments over 10 years.