1. Building

2. Goals Stay Downtown Keep Costs the Same Increase our Space

3. Why a Building, Why Now? Tangibles: Timing Building space had already been identified. This building was sold as we were investigating it Lease runs our September 1

4. Why a Building, Why Now? Tangibles Stewardship Current costs are $5200 for rent & utilities. 10,000 sf on Sundays, 5000 sf all week. Elks Building is over 17,000 sf As a comparison, costs to be in the Elks building will be around $5000/mnth (mortgage/utilities/maint/Ins.).

5. Why a Building, Why Now? Intangibles Discipleship and Ministry It will allow for expanded ministry by people for people through Creekside. It will be a resource to serve the church family It allows us for expanded numeric growth

6. Why a Building, Why Now? Intangibles Legacy It will provide a stable, long term resource to see the gospel go out in this area for years to come. It will free up resources in the future for ministry.

7. Construction Committee Paul Betts Ed Erion Curtis Wright Mark Newman Nathan Knottingham Dave Hays

8. Inspections Structural – MSC Engineers Electrical – Northside Electric HVAC – Salem Heating & Sheet Metal Fire Sprinkler – Western States Lead/Asbestos – Alpha Environmental Water Intrusion/Building Envelope – Forensics Building use – CBTwo Architects

9. Purchase Status Due-Diligence Period Final Negotiations Closing Date Requirements Date able to occupy – March 10, 2016 Our current lease ends Sept 1, 2016 Repair addendum – Roof and Kitchen

10. Corner of 4th andEvans

11. 4th Street

12. Evans Street

15. The Building – Ground Floor 6 4 2 1 3 5 7

16. 1 4 3 2 5

17. Building Purchase Purchase Price - $640,000 = $37/sqft Financing the purchase: – First Federal – 75% loan on purchase price – Terms 15yr/25yr amortization Mortgage payment 25 yr - $2,834 Mortgage payment 15 yr - $3,820

18. Remodel Needed Remodel Needs – Ballroom – End walls and Fellowship separation – Kitchen – minor, just some cleanup and order – Offices – rework layout add conference – Restrooms – modify upstairs and add total new downstairs – Fellowship – Expand and update – Downstairs – add classrooms and create open area – Canopies – removed and/or updated

19. Remodel Schedule Design CompleteFebruary 28th Receive PermitMarch 31st Begin ConstructionApril Finish ConstructionAugust Move inMid August

20. Full Remodel Budget Down payment/Financing $170,570 Design/Permit$75,000 Construction$810,000 Furniture$35,000 Total$1,090,570

21. Partial Remodel Budget Down payment/Financing $170,570 Design/Permit$75,000 Construction$400,000 Furniture$35,000 Total$680,570

22. Current Building Fund What has already been given towards the building and sits in a fund today?

23. Building Fund Account $ 538,000

24. Remaining Funds Needed Full Remodel $ 552,570 Partial Remodel $ 142,570

25. Giving Options One time lump sum Commitment pledge

26. Close & Pray