Kids; In the spring of 1988, I became aware that the town of Fergus was selling one acre, serviced, lots in the industrial park for $10,000, which I did not have. The bank would not loan me any more money and Lambda needed a new home in order to expand.\r\n\r\nAt the time, old Lamdba on Breadalbane St. had been thrown together in a building that had been used for roof truss manufacturing. A lot of growth and development had taken place there. Now it was time to move on.\r\n\r\nStep one was to manifest the money to buy the property. Simple, right? I just needed $10,000! Well, in those days, you could get a credit card very easily with a $2,500 limit. So I applied for four cards, which I got quickly. I then took the cash advance and went to the Fergus town. As expected, I walked out with title to one acre, and an option on the acre next door for free for the next year.\r\n\r\nOk, now I had the service land. Next, I needed a building to be constructed without paying for it up front. Easy, right?\r\n\r\nI met a contractor who had his offices in the same industrial park and simply asked if we could work out a deal on him putting in the foundations and raising the steel, before he got paid. Here is an example, kids, of the expression, “If you don’t a-s-k, you never g-e-t”. He agreed. Now all I needed was the steel structure – with no money to buy it.\r\n\r\nSomehow I had learned that the Business Development Bank of Canada had what were called construction loans to businesses. I managed to talk them into providing the money for the steel, long enough to get the shell raised, and then a conventional mortgage on the building could pay back the bank. Simple, right?\r\n\r\nThe interesting part was that the bank would not release the funds directly to me, but only to the company providing the steel. And the steel company would not drop the steel at the construction site until they had their money. Easy conundrum to solve.\r\n\r\nLambda had the one of the first “portable phones”, a Mitsubishi. It weighed five pounds and had to sit on the floor because it got so hot when you used it. So I gave the phone to contractor at the site in Fergus, and I drove to Kitchener to the bank to get the money when the steel arrived on site. It was just a matter of having the driver tell the bank that he was on site with the steel, waiting for his money. I then raced back to Fergus with the cheque and sealed the deal and the steel was on site. Now that was an exciting day. From then on, construction went easily. The mortgage was approved and the money became available to complete construction.\r\n\r\nAs you can see by the video’s, construction takes time. I remember wanting it to hurry, but it was way cool to watch something that started out as an idea in my mind rise from the ground like a Phoenix.\r\n\r\nThe other thing Kids, is that if you see a turtle on a fence post, just know, it did not get there by itself. If you have an idea, there will be nay sayers, but more importantly, there will be people who come along, at just the right time to help bring dreams into reality. I owe a lot of gratitude to a lot of people. But, none more that Barb MacNeil and Molly McGregor for making this all happen. Thanks Barb and Molly!\r\n\r\nLambda New Plant Servicing Lot July 1988\r\n\r\nLambda New Plant Ground Breaking Nov 1 1989\r\n\r\n Lambda New Plant Clearing Nov 3 1989\r\n\r\nLambda New Plant Dig Footings Nov 6 1989\r\n\r\nLambda New Plant Footings in Dec 1989\r\n\r\nLambda New Plant Steel Delivery Nov 23 1989\r\n\r\nLambda New Plant Steel Up Dec 13 1989\r\n\r\n Lambda New Plant Roof on Jan 17 1990\r\n\r\nLambda New Plant Doors in Jan 24 1990\r\n\r\nLambda New Plant Windows in Feb 9 1990 \r\n\r\nLambda New Plant Floor in Feb 19 1990\r\n\r\nLambda New Plant Driving In First Time Feb 24 1990\r\n\r\nLambda New Plant Framed Deck Mar 9 1990\r\n\r\nLambda New Plant Painting Mar 15 1990\r\n\r\nLambda New Plant Moved In April 10 1990\r\n\r\nLambda New Plant First Cake\r\n\r\nLambda New Plant Grand Opening Walk Through\r\n\r\nLambda New Plant Grand Opening Signing Poster\r\n\r\n Lambda New Plant Grand Opening Cutting Ribbon\r\n\r\nAnd that is how you manifest something from just an idea!
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