2020 Committee Q1 2016 Update

Confidentiality This update is only intended for: RBC Deacons RBC Elders RBF Board of Directors Content and timing of broader communication is TBD Please treat this information as confidential - not to be discussed with anyone outside of the intended audience) It is the 2020 committee’s intent to provide you with additional updates throughout this process.

Why form a 2020 Committee? Issue: The lease between the Foundation and the Church is expiring on Aug 30, 2020. At this time, the Clement building and associated land reverts back to RBC (vs. RBF). So… what should the church be doing with the property? Objective: To investigate options for the church and make recommendations to RBC leadership. Credibility: The committee consists of four people with extensive knowledge and experience with the church and the Foundation and are currently serving as an RBC Elder, Deacon or Sr. Pastor. Members are Joe Boyachek, Bob Dormer, Paul Redlich and Joe Tullo. Benefits: This provides RBC with a recommended facility use plan for when the lease expires. Action: It is our hope is that this presentation will help you have a better understanding of the process being followed and its associated timeline. Agenda: Review the high level process and its associated timeline.

High Level Process Review Review Review Activities Activities Step 1 Review Contractual Obligations Step 2 Review Missions and Purposes Step 3 Review Financial & Facility State Step 4 Explore and Assess Options Step 5 Consult & finalize option(s) Step 6 Develop an Implementation Plan Review Operating Agreements Leases Mortgages Agreements with other organizations Objectives Understand key dates Understand existing commitments Timeline Start: 2015 Completion: Q1 2016 Review Vision Mission Purpose Of all organizations (RBC, RBF, RCCSC) Objectives Understand why they were formed What they are doing Timeline Start: Q1 2016 Completion: Q2 2016 Review Current financial state (RBF, RCCSC) Current facility state (Church, Clement, Kipling) Objectives Understand the financial position Understand the state of the facilities Timeline Start: Q1 2016 Completion: Q2 2016 Activities Brain storm options Understand RBC priorities Community needs Investigate options Develop assessment criteria Objectives Review options for 2020 Timeline Start: Q3 2016 Completion: Q2 2017 Activities Narrow down options Further investigate and finalize option(s) Communicate with stake holders (church membership, residents, etc.) Objectives Finalize option(s) for 2020 Timeline Start: Q3 2017 Completion: Q2 2018 Activities Develop an implementation plan Objectives Establish next steps to achieve desired option(s) Timeline Start: Q3 2018 Completion: Q2 2019

High Level Timeline Understand Investigation / Analysis Action 2019 Review Contractual Obligations Review Mission/Vision/Purposes Review Financial and Facility Condition Explore and assess options Consult and finalize options 306 days 48 days Develop an implementation plan 48 days 2016 2017 2018 2019 2019 326 days Q1 Q3 Q3 Q3 Q3 260 days Today 260 days Understand Investigation / Analysis Action 2015 Decision/ Concurrence