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Update on Rotary WA Cord Blood Bank Project

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Building Progress – Tenders have been called and have now been received for processing.  Anticipate commencement and completion in 2010.

Fundraising – The original target of $5 million was revised to $6 million to cover cost increases over the extended period of the project. To date cash and pledges of $5,550,674 net have been received after expenses.   There has been a 100% response from all pledges and by January 2010 almost all pledges will have been received.

Further donations will be coming in from the Climb for a Smile of $20,000 and the Kwinana Golf Club Charity Match of around $30,000