Providing Water and Sewer

Posted by David | Posted in Building Campaign | Posted on 17-08-2009

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Water and Sewer: One challenge of building our new church is how water and sewer are going to be provided to our site.  This is important for our church because of our need not only for clean drinking water, but also for fire hydrants in case of a fire.  There is a water line at the north east corner of the intersection of our property.  We have recently secured permission to bring the water line down and under Livingston Road.  The sewer line is not as close, so we are planning to use a septic tank and drain field because of the cost of bringing the sewage line to our property is considerably higher.

Preliminary Site Approval

Posted by David | Posted in Building Campaign | Posted on 17-08-2009

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Preliminary Site Approval:  Our civil engineer has been diligently designing a master plan for our site.  This includes sewer, water, entrances, signs, landscaping, play areas, and building pad.  We are negotiating now with Pasco County on the amount of road frontage that we are going to be required to donate to the county in return for a building permit.

About Church Bonds

Posted by David | Posted in Building Campaign | Posted on 17-08-2009

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About Church Bonds: We have been in contact with a church bond company for many years now knowing this was a viable option.  The basic premise is that this company will come into our church and sell bonds in $500 increments with maturity dates varying from six months to twenty years.  They are very competitive in interest rates and have a great track record.  Any bonds not sold within the congregation would be sold to the bond companies “book” (past customers who invest regularly with their company).

Building Challenges

Posted by David | Posted in Building Campaign | Posted on 17-08-2009

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What are the challenges holding up construction? The main challenge right now is the finances necessary to proceed.  We need $200,000 before we can continue.  This is to pay off the land and have $100,000 in the bank to cover our costs during the building season.  Another challenge is the financing of the building project.  As you probably know, banks are not loaning any money to anyone right now.  A second option that we are investigating is selling church bonds.

How Big is Phase One Going to Be?

Posted by David | Posted in Building Campaign | Posted on 17-08-2009

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How Big is Phase One Going to Be? We are going to build approximately 10,000 square feet.  This will include a large lobby, which will double as a coffee area, a warming kitchen, a bookstore, bathrooms, an auditorium that will seat 200, and a preschool facility that will double as offices and Sunday school rooms.  Also, on the first phase we will have a playground for our children and those attending our preschool.