May 2022
Dear supporter of Jack the Bike Man,
I do appreciate all of you for all of the support that you have given me over the last 20 something years. This has been an incredible journey. With your help we have been able to give away tens of thousands of bicycles making a village of children so happy and able to experience freedom. I do not take all of the
credit as you all have been such a great help.
This year is an extreme challenge for Jack The Bike Man and it is all due to our location. We have known for a few years that the time was running out on our current location and the last day that we can be here is August 31st.
We located a building to move into in mid-2020 and in early February 2021 we purchased a 1925 building just around the corner from where we are now. It cost us $2,000,000 and must be totally remodeled from the inside out. We worked with Architects and Engineers to come up with just what we will need to carry us
way into the future. We have hired a General Contractor and now are awaiting the Permit from the City of West Palm Beach to get started on the work.
We are running out of time and need more money to be able to complete the building in a timely manner. The calendar is not in our favor to be able to move directly from the current space into our new building. We are working with the Contractor to figure out how we can begin moving in before completion and not be
in the way of the builders. We are also investigating spaces close by the building. We need to raise more funds so that we will not be burdened with a difficult mortgage. It would be best if we will have no mortgage. The total cost of the renovations is almost $2,500,000. And we already have some of the needed funds.
If you are in a position to help there are a few ways that can, you can either make a onetime cash donation or sign a commitment letter for an amount that you will be able to contribute to us within the next year. This will help us to be able to get all of the needed renovations completed with a bank loan for the
balance if needed. If you would like to make a major commitment there might be some naming rights for spaces in the building. Please contact me at 561-832-0071 if you have any questions for me.
Thank you.