Church Building Updates
Letter from Randy:
I wanted to let you know where we stand in regards to the building program. There are a
lot of documents required today by all financial institutions to be considered for a loan, especially the size we require to build the church the building committee has approved. The building committee has gone through the process of paring as much cost as possible while still keeping the same size church building and maintaining the quality desired by the congregation.
Also I want to share some incredible numbers with you. I think they are incredible because we are small in numbers but big in faith when it comes to giving. Last year at our Building Fund Kickoff Dinner the church received pledges in the amount of $586,280. Since November 2008 we have received a total of $172,908.75 toward those pledges. This represents 29.5% received since the pledges have started coming into the building fund. So we are pretty much on track with our collections. Some of you wonder where the money is going. Since November 2008 we have paid down $108,034.00 on the property debt (some coming from the general fund) and we have paid $72,921.59 in expenses directly related to the construction of the building. These costs include the architecture fees, the permits required by the county and state, site prep maps for the excavation required prior to building, etc. Without the generous giving of this church we would not be near as far along as we are today. I know it seems like an eternity but we are moving forward and all things come in God’s time not ours. Please continue to give toward fulfilling your pledge. As you see, we have been able to meet the building committee’s needs through your generosity and we haven’t moved the first shovelfull of dirt yet. The more we have in the bank when we start building the less we will have to borrow at the beginning and the less interest we will have
to pay.
Yours in Christ,
Randy Stevens Finance Elder