Post on 17-Jan-2016
Church of Our SaviorCapital Campaign
2015
Contents
Why Build?
Where/What We Are Building?
Costs and Finance.
The Campaign.
When Can We Build?
Your Questions.
Why Build?
The Historic ChapelRented for 22KUse limited to 4 hours/week
3 Month rolling lease Subject to sudden change in use
Capacity an issueNot configured for Anglican worshipWasted manpower to set up/take downNo signs!!Unwholesome programs in “our” buildingNo restrooms
Why Build?
Malone Hall2 Year Lease, 17k plus maintenanceLimited SpaceLot belongs to St Paul’s
Building program on booksWill need the lot at some point
Why Build?
Our Mission and VisionMission: Worshipping God, loving one another, and sharing ChristVision: A growing fellowship of Christians under the authority of scripture, led by the Holy Spirit, caring for our community by the grace of God
Matthew 28:16-20, The Great Commission ”Therefore go and make disciples of all nations…”
Where We Are Building(Orientation)
Google Earth View
What are we building?
165 Seat Chapel @ Prime Location
A Chapel Configured forAnglican style of worship
Street View
Buildable Area
3rd Lot(Option)
Lift Station
What are we building?
Placeholder Graphics
At this point, color rendition of our new chapelWill be inserted, followed by “fly around andthrough” digital video
What are we building?
What are we building?
What are we building?
Costs and Finance
Land Development 425,000Chapel Construction 828,750
Costs and Finance
Land Development 425,000Chapel Construction 828,750Risk Allowance 125,375
Costs and Finance
Land Development 425,000Chapel Construction 828,750Risk Allowance 125,375Buy 3rd lot 85,000Total $1,464,125
Costs and Finance
Land Development 425,000Chapel Construction 828,750Risk Allowance 125,375Buy 3rd lot 85,000Total $1,464,125 Mortgage* 700,000 Minimum Target $765,000**
*estimated 30 Years at 5% plus current $25,320 annually (land purchase)*CoOS will carry 70k note per year**Represents the difference between Total building costs and desired mortgage amount.
Costs and Finance
Land Development 425,000Chapel Construction 828,750Risk Allowance 125,375Buy 3rd lot 85,000Total $1,464,125 Mortgage* 700,000 Minimum Target $765,000**
Campaign Goal $1,000,000*estimated 30 Years at 5% plus current $25,320 annually (land purchase)*CoOS will carry 70k note per year**Represents the difference between Total building costs and desired mortgage amount.
The CampaignGrowing in Grace, Building in Faith
Goal: $1,000,000
Starts Sunday, 13 September withSpecial Service & Celebration
Term 36 Months
Initial Pledges in by 30 September
Progress Report to Congregation Monthly
When Can We Build?
Spring 2018 (Worst Case)
Fall 2016 (Best Case)
Questions ?
Church of Our SaviorCapital Campaign
2015