1. Building Project Informational Meeting
Pleasant View Church
Building Project
Informational Meeting

2. Agenda Opening Remarks Objectives & Background
Status of the Building Project
Catching the Vision
Phases & Implementation
Financing
Fund Raising Initiative
Next Steps

3. Objectives of Expansion
Provide expansion to Children’s area
Enhance the Nursery & Toddler area
Provide much needed Handicap Accessibility
Enhance Entrance under Roof
Expand Lobby and overflow area w/Cafe
Relocate and Enhance Library
Provide for Additional Parking
Improve Social Hall utilization

4. A Little Humor… Speaking of the social hall… From a church sign -
“Weight Watchers will meet at 7 PM at the First Presbyterian Church. Please use large double door at the side entrance.”

5. Why Now? Aging Facility Growth in New Ministries KidZone Growth
Need Handicap Accessibility
Growth in New Ministries
Step by Step Shoe Ministry
Hearts for Hunger Food Pantry
Wildfire
Ignite
Small Groups
KidZone Growth
KidZone continues to expand and serve as a growth driver of the Pleasant View fellowship

6. Why Now? Favorable Zoning & Building Codes
North Hopewell Township has not adopted the restrictive building codes that other local townships have (e.g. York Twp., Windsor Twp.)
Commercial Re-zoning
Favorable Interest Rate Environment
Borrowing Costs are lower
Lower Commodity Price Environment
Building materials may be priced lower as various commodity inputs have dramatically declined in price.

7. Status of Project Last major addition was over 30 years ago.
Recent Addition & Remodels include:
Fellowship storage room
update bathrooms
Current initiative began over 3 years ago
Formal plans reviewed & approved
Structural Engineer & Commonwealth Stamped
Preliminary Parking Lot Plans have been
drafted

8. Status Continued
We are working with NH Twp to rezone the property to commercial
Adding roughly 80 to 90 parking spaces
Bidding & Contractor Selection – completed

9. Bidding Process
Business Team provided the plans to three groups in order to obtain quotes.
Quotes were independently received & reviewed by the Draftsman & Engineer.
Draftsman & Engineer attended BT meeting to present the quotes and their recommendation.

10. Summary of Quotes Miles Construction $945,000 $890,000 $883,500
Massaro (formerly Hogg Construction)
$945,000
Miles Construction
$890,000
Stewart & Tate
$883,500

11. Project Phases 2016 – Parking Lot 2017 – Building
Finalize the design, re-zoning and water management plans
Obtain firm estimates of parking lot construction
Raise funds for Parking lot
Complete the parking lot construction
During construction we will lose parking spaces therefore building the parking lot first provides the necessary overflow parking
2017 – Building
Raise funds for down payment
Obtain financing
Complete Front & Entrance Area

12. Phases Cont’d. 2018 Complete Rear addition
Final Paving, Line Painting & Landscaping
Finalize furnishings

13. Catching the Vision…
Daniel Miles

15. Exterior Renderings

18. Interior Renderings

21. Financing Estimated Costs Raising the Down Payment
Financing Considerations
Potential Loan Amount
Term of Loan
Estimated Monthly Payment

22. Total Estimated Costs $1,306,250
Overage $131,250 (15%)
Church Building $890,000
Parking Lot $285,000

23. Down Payment Minimum 20% Down Payment Required
$1,306,250 x 20% = $261,250
Benefits of raising higher down payment
Lower Loan balance reduces borrowing costs & required monthly debt service.
Gives an early indication of commitment to the project
Provides funding to pay for the parking lot expansion
It is critical that we raise a much higher down payment than the minimum

24. Loan Scenarios 20% Down Payment 40% Down Payment
Amount Borrowed
$1,045,000
Loan Assumptions: 5% Rate, 10 Yr. Payoff
Total Interest Paid
$285,062
Monthly Payment $11,084
Down Payment $522,500
Amount Borrowed $783,750
Loan Assumptions: 5% Rate, 10 Yr. Payoff
Total Interest Paid $213,796
Monthly Payment $8,613
20% Down Payment
40% Down Payment

25. Loan Scenarios Cont’d. Cost of Building Proposal $ 890,000
$ ,000
Overage - 15%
$ ,250
Estimated Cost of Parking Lot
$ ,000
$ 1,306,250
Down
Amount
Monthly Payment
Interest Paid
Payment
Borrowed
10 Year
15 Year
20% Down Payment
$ ,250
$ 1,045,000
$ 11,084
$ 8,264
$ 285,062
$ 442,482
30% Down Payment
$ ,875
$ ,375
$ 9,698
$ 7,231
$ 249,429
$ 387,173
40% Down Payment
$ ,500
$ ,750
$ 8,613
$ 6,198
$ 213,796
$ 331,863
50% Down Payment
$ ,125
$ 6,927
$ 5,165
$ 178,163
$ 276,552

26. Monthly Cost per Giving Unit
2016 Budget
$ 350,000.00
Enhanced Budget
$ 52,500.00
Estimated Building Cost Per Month
$ 11,084.00
# of Giving Units
Current Budget per GU
Monthly Enhanced Budget
Est. Monthly Mortgage Per GU
Monthly Additional Outlay Per GU 50 $ $ $ $ 60 $ $ $ $ 75 $ $ $ $ 85 $ $ $ $

27. Giving Required to Meet Budget & Estimated Building Costs
# of Giving Units
Current Budget per GU
Monthly Additional Outlay Per GU
Estimated Total Monthly Contribution Per Giving Unit 50 $ $ $ 60 $ $ $ 75 $ $ $ 85 $ $ $

28. Fundraising
Scrips Program
Presented by
Daniel & Lauren Miles

30. Online Giving
Overview of Online Giving site Online Giving Button

31. Online Giving Cont’d.
bin/Vanco_ver3.vps?appver3=Dc8dzPGn4- LCajFevTkh9CQP0MDp9Yo- GazBWovT_35B2J4E_149- IjIm39QwmA58rUd_Ez4b_Cd6OdZSgl5ZmsE5 sFcP5W_q6OpXQTy0tEAPrFf6m_AxAx8NV9kh o8ik0PpduXvnt8gXUeZjQYbnz1yDnNfrJdwMdJ 2_GQ7rLo=&ver=3

32. Prayerful Consideration
Next Steps
Ongoing Support
Raise Down Payment
Prayerful Consideration

33. Next Steps will for Pleasant View? Prayerful Consideration
Pray for wisdom and direction
Pray for unity of the body
Is this building expansion God’s
will for Pleasant View?

34. Q&A