I am thankful for your support of the proposal to secure a loan for our office relocation project as well as renovations in the gym and a new covered walkway between the buildings. Please know that all money that was given to the Capital Campaign over the past couple years (slightly over $30,000) has remained in this account and will be used in this project. Once the paperwork for the loan is completed and the work begins, our monthly payment on the loan will be slightly under $2000. Though this is a significant responsibility after the church has been debt-free for years, I believe that we are capable of handling this commitment.
The Finance Team has noted that if 50 people could give an extra $10 per week to the Capital Campaign (in addition to regular budget giving), we would cover our loan payment without hindering our regular budget and ministry needs. If you are willing to support this project, please give your extra donations to the Capital Campaign so that we can repay our loan from the Capital Campaign rather than from our budget (You may mark your envelope for “Capital Campaign” when you are giving specifically for this purpose). Even if you cannot give on a weekly or monthly basis to this effort, we would be grateful for any occasional or one-time donations you might be able to make. We look forward to getting the work started and will keep you posted on the progress and expected time frames as they become more clear. I believe we will all enjoy and appreciate the improvements when they are completed later this year.
On another building-related note, I hope you have had the chance to check out the new lighting in our gym. The money to pay for this improvement came from our facility rental money; that is, the money we receive from outside groups renting our building for their meetings or sports practices. The new lights are much brighter and at the same time are far more energy efficient. We expect that it will save us significant utility money over the long haul and will be a real asset to the church.
Blessings,
Bill