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BUILDING UPDATE
MARCH 2009
JOURNEY OF FAITH - PART TWO
Introduction
A year ago the Santa Cruz Valley United Methodist Church embarked on a Journey
of Faith to grow ourselves and the church and to initiate a capital stewardship
campaign. We are now starting on “Part Two” of that journey. Part Two will
encourage the Journey to be embraced by our new friends and church attendees.
BRIDGE Team
The BRIDGE Team was established to create a strategic plan to grow the
congregation through the three year life of the capital stewardship program. The
aim is to keep current people connected and achieve connection of the newcomers.
Purpose, Vision and Plan
The purpose of SCVUMC is to be a multi-generational church making genuinely
committed Disciples of Christ. Our vision is - - “to reach the broken, the
battered and the bored with the grace of Jesus Christ”. The plan is to construct
a building that will house SCVUMC so that it can fulfill its purpose and reach
its vision.
Orientation Meeting
Within the Part Two effort we plan to hold an orientation/dinner meeting
primarily for those members of the SCVUMC family who have joined us since last
March. It will be held the week of March 15—specific date/location to be
announced later. This event will allow them to learn about the Journey of Faith
and the details of our building program.
Celebration !
We are planning for a celebration event on Sunday, March 29 to thank those who
have taken part in the Journey of Faith efforts and welcome those who have
joined our church family. Church service will be outdoors followed by a picnic.
Everyone is invited. Please plan to attend this fun filled service.
Sermon
Pastor Allan’s sermon on Sunday, March 22nd will be devoted to the Journey of
Faith and its impacts on each of us and this church as a whole.
Special Newsletter
A special newsletter will be provided in April summarizing the first year’s
efforts to carry forward the building program. It will include updates on the
financial commitments provided over the past economically difficult year; the
efforts of your Board of Trustees to develop detailed costs and financial plans;
and an explanation of why we have delayed construction. Although we don’t like
to see delays in the seriously needed building facilities, recent financial
conditions dictate that a prudent approach is in order.
Over the next three weeks additional Bulletin inserts will be provided to bring
you updates on the building program and the scheduled events.
Your BRIDGE Team
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BUILDING UPDATE
OCTOBER 2008
The Board of Trustees is continuing to work
on the building program. The latest include;
·
The Architectural Review Committee of
the Rancho Sahuarita Commercial Association has given preliminary
approval to our building design. This sets the outside appearance of
the building.
·
The Board continues to work with the
Town of Sahuarita on the designs of
the Sahuarita Road Improvement, which will include a right turn lane
on La Villita Road.
This will require the Town’s acquisition of a strip of land along
our east boundary for the turning lane. Our purpose is to ensure
satisfactory access to the church’s property from both
Sahuarita Road and
La Villita Road.
·
The Board has initiated discussions
with Ziegler Capital Markets, a bond underwriting company that has
financed churches and other nonprofit entities since 1913. Ziegler
helps prepare and market church bonds on the national market. The
bonding route has both advantages and disadvantages as a financing
tool. A Ziegler representative will be meeting with the Board after
the first of the year, once our 2008 Journey of Faith contributions
are known and hopefully, the economic conditions are more
stabilized.
·
As of October 14th the
Journey of Faith land/building contributions are $117,044 or 72
percent of that anticipated in 2008.
As noted elsewhere those 70 1/2 or older can
transfer funds directly
to the church from an IRA or 401K account without tax
considerations.
If you have questions on any of the above
please see me or any one of the Trustees.
Vern W Butler, Chair, Board of Trustees
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BUILDING UPDATE AUGUST 2008
Your Board of Trustees is continuing to
work on the building plans. As announced in church on Sunday, August
24, the church has been forced to accept a delay in starting
construction due to financing issues.
Upon completion of the building plans, cost estimates for the site
development and building design were prepared by our Architect, Mr.
Kim Acorn. Additional cost estimates for permits, bonds, furnishings
and other details were prepared after talking to a number of
vendors. Three estimates were made. One was for the basic building
large enough for a gymnasium. The second was for the basic building
with a classroom/office wing added and the third for a slightly
smaller building (8000 vs.10,000 sq ft) with a lowered roof/ceiling.
The basic building project totaled about $2.2 million, with the
added classroom/office wing about $2.6 million and the smaller
building at $1.9 million. These cost estimates included the land
cost.
With these cost estimates in hand and the Journey of Faith building
commitments from the congregation we approached three banks. We also
reviewed the United Methodist Development Fund with the District
Superintendent who had served on the Development Fund Board and was
familiar with their lending polices and criteria. All three banks
essentially turned us down at this time. The major reasons being;
-Lack of having 25% of the project costs on hand or invested in land and
planning for the “down payment” of a loan.
-A limited history of contributions to assure sufficient funding to pay
the annual loan payments.
-A limited number of consistent adult attendees which should be in the
neighborhood of 300 rather than the 200 we now have.
Although not admitted by the banks it was my impression the recent
concerns with credit availability for home mortgages and similar
loans was a major factor. According to newspaper reports banks and
other lending agencies are tightening loan criteria significantly.
The Trustees will continue to work on the building program. We have
directed our Architect not to prepare detailed construction plans
and documents until financing issues can be resolved. The Architect
does have a proposal before the developer to get preliminary
approval of a building design that is acceptable so that we know
what will be required.
The Trustees goals are to (1) minimize building fund expenditures
for the time being, (2) continue to urge building commitment
payments and (3) grow the church with increased attendance. With
your help, your faith and your prayers we can reach these goals.
If you have any further questions please contact me or one of the
other Trustees.
Vern W. Butler
Chairman, Board of Trustees.
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