March 30, 2014Congregational Meeting

Faithful at 50 Ad Hoc Finance Team

• Faithful at 50 Ad Hoc Finance Team – came out of Stewardship Team. Composed of Danny Burton, Ryan Jones, Kerry Richmond, Dan Cash, Kip and Lianne Wright.

• Worked with the Church Council to establish guidelines and the Council determined the priorities

The Vision

• A church body that is debt-free and is able to maintain and improve the facility through moneys set aside going forward.

• Several existing projects are funded and addressed.

• The facility is equipped and ready to serve the community as we honor the work of those who have gone before.

Five Specific Emphases

• Debt-retirement - $50,000 from 1997 and 2009 building projects

• Outreach – 10% of all monies above debt pay down • Front “Bridge” Entrance - $30,000 Approach to front

entrance, walkway, and retaining wall• Landscaping – $70,000 Renew and replace 50 year old

trees and bushes and refresh look within an overall landscaping plan

• Pianos - $25,000 Replace pianos in the sanctuary and choir loft that have outlived their useful lives.

Debt Retirement• Two loans (one from 1997 and one from 2009)

totaling approximately $50,000• Monthly debt service of $3200 to retire the

debt on a five year amortization.• We could repurpose the monthly building

fund giving to building a capital fund for future building needs and other ministry.

Outreach• 10% of all giving above debt retirement for

ministries like:– “Sweet Potatoes” concert to be held June 29th

– MCLE neighborhood survey – “Heritage Day” - celebrating our roots

Front Approach

Crumbling Concrete

Exposed Rebar

Loose Light Fixtures

Front Approach

Sloping Sidewalk

Sand sliding down to lower wall

Front Approach Plan

• Replace bridge surface • Refurbish hand rails• Attach light fixtures• Build retaining walls and new sidewalk• Re-slope hill and replace landscaping• Rebuild steps to lower door

• Cost $31,000

Landscaping Over 50 Years

• The spruces have lost all their lower branches.• The walnuts are scarred and near the end of life.• The maples and other trees have physical

damage and disease.• Several beech have died over the past few years.• The crab apples along the parking lot have

become tangled, bare trees

Landscaping

Twisted Limbs

Walnut Damage

Trees to be removed

Landscaping Estimate

• Removal of old trees• New Trees and Shrubs• Tree trimming, raise

canopy• Sprinkler System• Sidewalk, signage,

grading• Contingencies

• $20,000• $15,000• $15,000• $ 6,000• $10,000• $ 5,000

• $71,000

Pianos• Grand Piano

– Purchased new in 1965– Tuned twice per year, but

recently has not been reliable

– Has water damage from leakage

– Currently worth $2500 on trade

– Key action wear is advanced

Pianos

• Choir Loft Piano• Donated new in 1978• Tuned twice per year, but

recently has not been reliable

• Currently worth $500 on trade

• Key action wear is advanced

Pianos• New Grand $20,400 net trade• New Choir Loft piano $ 3,850 net trade• Plus delivery $ 295

• Total $24,545

How Can You Be A Part?

• Pray for our church and our One Day Giving Challenge

• Determine your financial participation• Celebrate with us all that God has done, is

doing and will do through First Baptist Church!!

Second Meeting – April 27th to discuss Giving Options