April 29, 2012 North Pointe Building Project Guaranteed Maximum Price Presentation

North Pointe Baptist Church Welcome Center Preschool Building Children's Building Phase 1

Welcome Center with Pre-School

Welcome Center & Pre-School Center Previous Project Analysis Original Financing Breakdown Original Construction Cost Total Construction Cost $3,200,000 Total FF&E Estimate $250,000 Additional Misc. Costs $150,000 TOTAL COST $3,600,000 (no corridor or canopies) Current Building Fund $200,000 (After Loan Payoff) Campaign Pledges Uncollected $847,000 New BFOK Loan $2,000,000 TOTAL AVAILABLE $3,047,000 Project Financing TOTAL AVAILABLE $3,047,000 Project Shortfall ($553,000) Sales Proceeds from current facility ???? Additional Gifts and pledges ????

Corridor Plus Additional Increases Inclusion of Corridor (5,560 Sq. Ft.) $265,000 Additional increases… Metal Framing 24,000 Water / Fire line 12,372 Additions needed… Coffee Bar 2,260 Cupola Shades 9,700 Unforeseen cost to connect to OKC Sewer 82,568 Estimated Total Price Increases $395,000

NEW Projected Cost Breakdown (w/Corridor) with Cost Savings and Additional BFOK Funding Project Cost Breakdown NEW Cost Breakdown Original Total Construction Cost $3,200,000 NEW Construction Savings $2,891,682 Corridor + additional increases 395,900 Corridor + additional increases 395,900 New TOTAL Construction Cost 3,595,900 NEW Total Construction Cost $3,287,582 + Total FF&E Estimate 250,000 + Total FF&E Estimate 250,000 + Additional Misc. Costs 150,000 + Additional Misc. Costs 150,000 NEW GRAND TOTAL $3,995,900 (Including Corridor / no Canopies) NEW TOTAL COST $3,687,582 (Including Corridor / no canopies) $308,318 NEW TOTAL SAVINGS Project Financing Project Financing Current Building Fund $200,000 Current Building Fund $200,000 Campaign Pledges Uncollected $847,000 Campaign Pledges Uncollected $847,000 BFOK Loan $2,000,000 New BFOK Loan $2,400,000 FUNDING AVAILABLE $3,047,000 NEW FUNDING AVAILABLE $3,447,000 Total Projected Shortfall ($948,900) ($240,582) NEW Projected Shortfall Sales Proceeds from current facility ???? Additional Gifts and pledges ???? Sales Proceeds from current facility ???? Additional Gifts and pledges ????

MOVING FORWARD… New Shortfall $239,682 Original Short Fall (without Corridor) $553,000 New Costs (with Corridor and Additions) $395,000 Project Savings $308,318 Additional Loan Amount $400,000 New Shortfall $239,682 How and or why do we move forward with a $239,682 shortfall? With this overage, why don’t we leave the corridor out?

Option 1 – Phase 1 Building Proposal Ballot April 29, 2012   Confirmation to empower the Finance and Building Management Teams to move forward with Option 1 of Phase 1 of the Building Project at the Coffee Creek land. Option 1 now includes the Welcome Center, Pre-School building, and Corridor – a total of approximately 23,360 square feet for a cost of approximately $3,287,582 (not including Furnishings, Fixtures, & Equipment). The BMT, after consultation with such teams as Finance and Leadership, is authorized to make changes to the cost of the project not to exceed 10% of the total cost. The construction will begin as soon as possible. Financing may include, but not limited to, the sale of the existing church facilities if necessary, and loans through BGCO.  Yes By voting yes, you are stating you authorize the Finance and Building Management Teams to proceed with Option 1 as described above.     No By voting no, you are stating that you DO NOT agree that the Finance and Building Management Teams should be authorized to proceed with Option 1. Why does the BMT have the authority to adjust the cost up to 10%?