Burning The Mortgage!

Folks were scream­ing FIRE in Defi­ance Tues­day, but not in the way you might think.

The Defi­ance County Fair Foun­da­tion burned the mort­gage for the grand­stand on Tues­day. The mort­gage, orig­i­nally for up to $500,000, was taken out in Sep­tem­ber of 2010, but was proudly paid off early.

The foun­da­tion is a 501©3 orga­ni­za­tion, and has been work­ing hard to com­plete the grand­stand project for sev­eral years.

After a lot of hard work, the group gath­ered Tues­day to watch the mort­gage for the first phase of the project — the con­struc­tion of the grand­stand — go up in flames.

The Cres­cent News reports that the con­struc­tion of the grand­stand itself was phase I of the foundation’s over­all grand­stand project. Phase II, for which funds are cur­rently being raised, will build restroom facil­i­ties.

Fund rais­ing is now under­way to sup­port phase II, which will call for about $250,000.

Any­one wish­ing to donate can call 419–658-2529 or mail their dona­tion to Defi­ance County Fair Foun­da­tion, P.O. Box 4544, Sher­wood 43556. Grain and/or com­mod­ity dona­tions from farm­ers are also accepted.

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