1. Project Phoenix report
DeAnn Peterson and David Spierman

2. COMMUNICATION Info available through various routes Weekly update
Townhalls s
Web page
Videos
Survey report
Scorecards
Q&A: Memorial garden, drive times, restaurants

3. KENSINGTON OVERVIEW LOI approved: $3.2 million Commercial office space
5 building complex
____ acre site

4. BENEFITS/DRAWBACKS BENEFITS DRAWBACKS Income from rental offices
Far from current location
On MARTA train line
Drive times on Weekdays
Can custom build sanctuary
Uncertain crime statistics
Re-purposing of existing buildings
Medium cost
Could be Social Justice center
Part of DeKalb County overlay

5. KOP current status LOI agreement with sellers
Purchase and sale agreement pending
Rental income analysis being performed
Congregational vote prior to due diligence period

6. STILL WATERS CHURCH OVERVIEW
Approximate cost ~$6.2 million
Multi-building complex
Sanctuary for ~270 people
4.9 acre site
On N. Druid Hills Rd
LOI issued for bid process 12/15

7. BENEFITS/DRAWBACKS BENEFITS DRAWBACKS Near UUCA N. Druid Hills traffic
Visible from high volume road
High Cost
Could be move-in ready
Small parking lot (~80 spots)
Social Hall with kitchen (commercial vent hood!)
Needs elevators
Adjacent 2 bedroom apt
Competing against developers to purchase
4.9 acres allows room for parking and new sanctuary
270 seat sanctuary

8. LEASE OVERVIEW BENEFITS DRAWBACKS Buys us time Cost $~30,000 per month
Lease office AND sanctuary space
Decreases working capital each year
Move two times
Storage needs