RS January 31 2016 Cong Meeting - Rock Spring UCC · Rejoice, Renew, Reimagine! Congregational...
Transcript of RS January 31 2016 Cong Meeting - Rock Spring UCC · Rejoice, Renew, Reimagine! Congregational...
Campus Renewal Congregational Meeting
January 31, 2016
Rock Spring CONGREGATIONAL UNITED CHURCH OF CHRIST
Agenda• Introduction• ContributionfromtheEndowment• Proposedmodificationstoaddressbudgetissues
• CouncilMotion
Rejoice,Renew,Reimagine!CongregationalPriorities
• NeighborhoodHouseRenovation• Organ• Narthex• ChurchOffices• Siteimprovements• MissionFund
BudgetAllocations
• CapitalCampaigngoalwas$2,675,000• Pledgeamounttodateisaround$2,600,000• Costsincurrednotrelatedtoconstruction
– $530,000organcontract/architecturalallowance– $250,000missionfund
• Remainingpledgedfundsavailableforcampusrenovationproject$1,820,000– ($2,600,000minus$530,000and$250,000)
ConstructionEstimates
forCurrentScope
• The rough construction estimates for the entire project as designed came in around $2.3 million
• Including $100,000 for solar power that brings us to $2.4 million
• About $1.3 million more than our pledged funds
EndowmentFacts
• Attheendof2015thevalueofthegeneralandbudgetsupportfundswasapproximately$5.9million
• RockSpringusesincomefromtheendowmenttofundaportionofouroperatingcosts,somostofthefundscannotbeusedbecausetheyareneededtogenerateincome
EndowmentFacts(continued)
• Thecongregationhasalreadyapprovedexpendituresofapproximately$240,000fromtheendowmenttopayforthecostsofthecapitalcampaign,andthecostsofourprojectmanager
• TheTrusteesoftheEndowmentbelievethatitcouldcontributeupto$300,000more
withoutendangeringtheprincipalneededtogenerateincomeforannualbudgetsupport
ContributionfromtheEndowment
• Thenextfewslidesassumeacontributionof$300,000fromtheendowment
• Pledgedfundsavailableforcampusrenovationproject:$1,820,000
• Newfundsavailableforcampusrenovationafterweaddthe$300,000fromtheendowment:$1,820,000+$300,000=$2,120,000
CostEstimates
SoftCosts-$800,000• Softcostsarenon-constructioncosts
– includingasbestosabatement,feestoarchitectsandengineers,projectcontingency,newfurniture,countyfees,storageduringtheconstruction,newaudiovisualandcomputerequipment,interestforconstructionloan
• $2,120,000 - $800,000=$1,320,000availableforconstructioncosts
CRC’sPrinciplesforCostReduction
• Employed “value engineering” to get more of what we want at lower cost
• Reviewed congregational survey results, notes of meetings and focus groups to identify congregational goals
• Determined that what we do, should be done right
• Prioritized project components
NewProposalBasedonCongregational Feedback
• Additionalvalueengineeringchanges• IncludeNeighborhoodHousebathroomswithshowersintheproject
• Defersiteworkandsolarpowersystem
NewProposalNeighborhoodHouse/CarpenterHall
• Generalrenovation• Dedicatedyouthspace• NewlifttomakealllevelsofNHaccessible• Basementshowers• NewentrancethatlinksNHandCH,modifiedfromoriginaldesigntoreducecosts
• Emphasizingfunctionoverestheticstoreducecosts
RoughSketchofNH/CH
NewProposal
Narthex• Widenentrybetweennarthexandsanctuarytomakenarthexmoreaccessibleandopen-feeling;replacecurrentdoorswithglassdoors
• MovewallforwardintoclosetspacetoincreaseNarthexspaceonrightside
• Cosmeticimprovementstonarthexincludingbenchseating,morecoatstorage
• Noexpansionofbalcony• Nolossofrearpews
RoughSketchofNarthex
NewProposalLibrary/Admin/Saegmuller
• Leaveadultlibraryincurrentlocation• Uselibraryalcovesforofficespace• New,morewelcomingentranceandreception• UseportionofcurrentSaegmuller asadministrative/officespace
• BuildatriumasexpansiontoSaegmuller forhospitalityandmeetingspace(netgainsq ft)
• SoundproofaroominHunterBuildingandaddAVforuseasadulteducationspace
RoughSketchof
Library/Admin/Saegmuller
RoughConstructionCostEstimates
Narthex…..............................................$50,000NeighborhoodHouse/CarpenterHall.$620,000Library/Admin/Saegmuller…...............$650,000Total…...............................................$1,320,000
Siteworkandsolarwouldbedeferreduntiladditionalfundsareraised
ItemstoDefer
• Outdoorwalkways• Staffparkingneartheparsonage• Expandedhandicapparking• Newsign• Entrywayawnings• Sitelighting• Solar
TheMath
CostEstimates
• SoftCosts….....................................$800,000• ConstructionCosts…....................$1,320,000
$2,120,000FundsAvailable
• AvailablePledgedFunds…...........$1,820,000• ContributionfromEndowment…...$300,000
$2,120,000Siteworkandsolardeferred
NewTimeline
• Narthex– ApriltoJune2016– tobedoneaheadofotherconstructiontofacilitateinstallationoftheorgan
• Broaderproject– September2016toFebruary2017
AuthorityfortheCRC
• CouncilrecommendsthattheCRCbegivenauthoritytomakedecisionsrelatedtotheprojectwithinthebudgetsetbythecongregation
• CRCwillkeeptheCongregationregularlyinformedofprogressontheproject,includinganymajorchangesinscopeCRCmayberequiredtomaketostaywithinbudget
MotionbyChurchCouncil
1. Thecongregationrequestsanadditionalcontributionofupto$300,000fromtheEndowmenttosupportthecampusrenewalproject.
2. ThecongregationauthorizestheCRCtomakedecisionstoexecutethecampusrenewalprojectwithinthebudgetof$2,120,000 andanyadditionalfundsraisedforthecampusrenewalproject.
MotionbyChurchCouncil
3. ThecongregationauthorizestheChurchCounciltosecureappropriatefinancingforthecampusrenewalproject,asnecessary,forthelengthofthepledgecampaign.
Thanks!
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