But the trust used its initial financing faster than expected and Manville agreed to provide more money.
He said that he had raised $600,000 for initial financing.
In January, it said 21 potential investors would put up more than $800 million in initial financing.
Two new local partnerships received initial financing this year.
The initial financing for the stock plan, however, will come from bank loans.
The development of the program is expected to continue through the winter, with initial financing in the early spring of 1989.
In October 2000, the company received initial financing of $15 million.
The threesome rounded up initial financing by calling friends and companies across the country.
The initial financing of the project was made possible with a fund-raising campaign raising $350,000.
A total of $1.2 million in initial financing for the renovation is to be provided by the city, the township and the county.
