Today is a big day in the HPR story, we have eclipsed the $2 million dollar mark in total fundraising. We need to end up in the neighborhood of $2.8 - $3.0 million total to have a reasonable facility. Obviously more money means more and better amenities (real buildings with bathrooms and showers, RV pedestals, day garages, etc)

Here's what we have so far:

CAMA "seed" money - $883,000 (this is the money that was rebated to the clubs from SCR and reinvested in CAMA, plus the $50k from each of the clubs treasuries, plus some other miscellaneous monies)

Fundraising Donations - $455,000 (MINIMUM needed is $500,000, goal is $1 million)

Loans - $700,000 (this is money that is being made available for loan to CAMA from various members of the CAMA clubs, goal is $1.4 million. Money is added to the total when the signed commitment papers are given to CAMA)

Total as of 1/28 - $2,038,000

February 3, 2008 – HPR What's Happening!

I just love the feeling when a plan comes together! In January we
have realized that emotion many times.

The biggest achievement this month was receiving unanimous approval
of the Arapahoe County Board of County Commissioners for our Use by
Special Review (USR) application. Other than the printing of the
official documents, we have now met all the regulatory requirements
to operate HPR. Bill Howard (RMVR) and his company Plan West Inc
provided the BoCC with a very impressive presentation. We thank the
County planning staff for their support and guidance. We are
especially grateful to Bill for all of his hard work.

I am proud to state that we now own the land to replace Second
Creek. This purchase was consummated after five plus years, numerous
property searches, an untold number of meetings and a lot of hard
work by too many people to list in this letter. Many thanks to Tom
Ragonetti (SCCA) and Jim Johnson of his firm for ensuring that CAMA
was properly protected by all the closing documents.

The land and permit acquisition were not even the most significant
accomplishments this month. Since placing an offer on this property
many concerns existed over water availability. Our change-of-use
application for the existing well on the HPR property was approved
last week. We now have a permit allowing for more water than we
could ever need for commercial, domestic or irrigation uses. This is
a big deal as we had all but conceded to the fact that we would have
to haul water to the site. A few months back, a Mercedes Club
member, Reiner Haubold approached us after a fundraising meeting
offering his expertise in water management. That expertise proved
extremely valuable as he knew the right steps and proper questions.
With the persistence of Bob Darcey (RMVR), the two patiently applied
and reapplied after each denial until finally the old records for the
well were found and a Department of Water Resources Geologist finally
concluded that Reiner was correct, ruling that the well was eligible
for commercial designation. Awesome job and both deserve many thanks.

The many members of the CAMA clubs also reached a major milestone in
January as the `fundraising thermometer' has surpassed two million
dollars and is now at $2,094,000. So far we have 178 contributors
who have purchased `Bricks'. The `Bricks' start at $1,000, which is
a small portion of a race weekend in Hastings or Pueblo. Have you
inscribed your Brick yet?

The design, engineering and construction team have also had a busy
month. The site tours and discussions in December resulted in some
minor modifications to the entry and exit of the front straightaway
along with the bobsled turns. Safety concerns were one aspect but
improving the fun factor has been the greatest dynamic.

Construction costs are still a major variable to be finalized.
Grading estimates have fluctuated dramatically as we have made
changes to track layout and run-off areas. Estimates on compaction
rates of the farmed soil have also impacted these calculations. To
provide the group with the needed tools to properly determine grading
and asphalt requirements we have recently hired a crew to prepare an
accurate topographical survey of the construction areas. Also
extensive soil sampling was recently completed and that data will
soon be available. We anticipate that this data overlaid with the
completed design, will enable the group to finally be able to
determine the best combination of dirt compaction and asphalt
thickness, allowing us to obtain firm construction quotes soon.

Your clubs' boards of directors, their CAMA representatives, our many
volunteers and advisors have nearly completed their task to make HPR
a reality. Now it is up to the club members. Inscribe your `Brick'
today!

Charlie Thompson
CAMA Manager