Church Renovation/ Expansion Proposals Willowdale

Some History - Began working on this project in 2001 (coming up to 15 th year) Business Meeting – voted to expand and renovate – anticipated construction to begin in March September 27/03 – Business Meeting – Board recommends alternate financing plan to accelerate construction – complete in one phase - previous approval to proceed in stages – 1 st phase of $700,000, then proceed as funds available. Total project cost of $1.2 million - expected construction to begin early in 2004 and be completed within the year

Fast Forward More Current History - A decade later - Have we done anything? - Yes: 2006 – New Roof -New Upper Level Restrooms -Total Cost = $307,000

Fast Forward More Current History - Annual Church Business Meeting – February 13, Consensus to move ahead, but felt number of members in attendance insufficient to make decision – so recommended project to church body the following Sabbath -voted 7 to 1 in favour of proceeding with the project - Annual Church Business Meeting – February 11, Voted to move forward with the project as previously approved, with acknowledgment of having awareness of the updated reality of the project costs. -Goal of raising $475,000 that year – expectation the project would be completed that year -Over two year delay by the City of Toronto

$’s Invested to Date Architect & City Fees paid 2001 – February 11, 2012 (2001, 2002, 2003, 2004, 2005, 2006, 2010, 2012)$ 288,960 Fees paid February 12, 2012 – November 14, , – 2014 City of Toronto $ 4,026 Consultants 890 Lawyers 11,510 Plus latest costing for Option “A”$ 7,000 (not yet paid, but deducted from funds on hand in calculations) Architect Fees for Option “B”$ 5197

$’s Invested to Date Total Invested in Option “A”$ 312,286 Total Invested in Option “B” 5,197 TOTAL INVESTED$ 317,583

Church Renovation/ Expansion Proposals Option 'A' and Option 'B' (as requested by the Church Board) November 15, 2014

Church Renovation/ Expansion Proposals Option 'A'

Church Renovation/ Expansion Proposals Option 'A'

Church Renovation/ Expansion Proposals Option 'A'

Church Renovation/ Expansion Proposals Option 'A'

Church Renovation/ Expansion Proposals Option 'A'

Church Renovation/ Expansion Proposals Option 'A'

Church Renovation/ Expansion Proposals Option 'A'

Church Renovation/ Expansion Proposals Option 'A'

Church Renovation/ Expansion Proposals Option ' A' - Included Basement  Two new family washrooms / change rooms for baptismal candidates  New custodian room  One new classroom  New main entrance – South end  New auxiliary rear entrance  Revamped mechanical and electrical rooms

Church Renovation/ Expansion Proposals Option ' A' – Not Included Basement  No change with the exception of the reworking of the existing mechanical and electrical rooms

Church Renovation/ Expansion Proposals Option ' A' - Included Main Floor  One new barrier free washroom  New passenger elevator  New side entrance to the Sanctuary

Church Renovation/ Expansion Proposals Option ' A' – Not Included Main Floor  No change to the front entrance stairs and lobby  No change to the Fellowship Hall, kitchen, bathrooms and west corridor

Church Renovation/ Expansion Proposals Option 'A' - Included Sanctuary  New rostrum – larger platform to accommodate piano, organ and a specific place for choirs; ramp to rostrum; screen visible above speakers’ heads; more room for children’s story, orchestra etc.  New Baptistery  New Children’s Sanctuary area, with private feeding space  New lighting, including introduction of more natural lighting  New carpet and wall finishes  Space to accommodate wheelchair seating  Complete cosmetic upgrading  Total 38 Additional seats + Children’s Sanctuary area (Additional 88 seats less 50 to accommodate Children’s Sanctuary)

Church Renovation/ Expansion Proposals Option ' A' – Not Included Balcony and Second Floor  No change with the exception of new carpet and lighting in the balcony

Church Renovation/ Expansion Proposals Option 'A' - Included Mechanical  Upgraded 3 phase electrical system  New air exchange system for the Sanctuary  Upgraded heating system for the Sanctuary and basement  Water supply upgrade

Church Renovation/ Expansion Proposals Option 'A' Construction Estimate

Church Renovation/ Expansion Proposals Option 'B'

Church Renovation/ Expansion Proposals Option 'B'

Church Renovation/ Expansion Proposals Option 'B'

Church Renovation/ Expansion Proposals Option 'B'

Church Renovation/ Expansion Proposals Option 'B'

Church Renovation/ Expansion Proposals Option 'B'

Church Renovation/ Expansion Proposals Option 'B' - Included Basement  One new barrier free washroom  New cloakroom  One new classroom  New main entrance  New storage room  New mechanical room  New office storage room

Church Renovation/ Expansion Proposals Option 'B' – Not Included Basement  No change to the existing classroom and office areas with the exception of the removal of the existing elevator

Church Renovation/ Expansion Proposals Option 'B' - Included Main Floor  New main entrance  New passenger elevator  New nursery and washroom  New reception area  New entrance foyer

Church Renovation/ Expansion Proposals Option 'B' – Not Included Main Floor  No change in the Sanctuary  No change to the Fellowship Hall, kitchen, bathrooms and west corridor

Church Renovation/ Expansion Proposals Option 'B' - Included Mechanical  Upgraded 3 phase electrical system

Church Renovation/ Expansion Proposals Option 'B' – Not Included Balcony and Second Floor  No change

Church Renovation/ Expansion Proposals Option 'B' Construction Estimate

Church Renovation/ Expansion Proposals Option ‘A' Project Costs  Architect Fees $ 112,538  HST on above (3.94 %) 4,434  Construction Cost2,327,000  HST on above 91,684  Permit & Development Charges 20,000 (generous – estimate $12,550)  Electrical Upgrade 200,000 Total = $ 2,755,660

Church Renovation/ Expansion Proposals Option 'B' Design, Permit & Application Fees  Produce Architectural Document$ 72,000  Produce Engineering Documents$ 48,000  Code Consultant$ 3,000  COA Representation$ 10,000  City Fees$ 5,000 Total Estimated Fees$138,000

Church Renovation/ Expansion Proposals Option 'B' Total Estimated Cost  Design & Permit Application Fees$138,000  Construction Budget 854,818  HST on above 33,680 Total Estimated Renovation Cost $1,026,498 (note: does not include possible $200,000 electrical upgrade cost included in option “A” calculations)

Church Renovation/ Expansion Proposals Option ‘A‘ Funding Breakdown  Cash on Hand $ 951,730  Ontario Conference Subsidy 27,560  Advent Health Donation for Elevator 100,000  Donations / Investment Interest * 47,370  Loan1,629,000 Total =$2,755,660

Church Renovation/ Expansion Proposals Funding Notes Donations / Investment Interest (based on projected average income through April 2015) - Donations (5 months: Dec. ‘14 – Apr. ‘15)$ 43,180 - Interest (6 months: Nov. ‘14 – Apr. ‘15) 4,188 - Uncertainty regarding $100,000 donation from Advent Health for elevator with Option “B”

Church Renovation/ Expansion Proposals Funding Notes LOAN -$1,629,000 -Previously (and currently) approved by Ontario Conference for loan of $1,462,000 (increase of $167,000) - Ontario Conference Requirements to Qualify: - Cash / Subsidy / Donation as percentage of Total Project Cost = 39% (minimum 35% required)

Church Renovation/ Expansion Proposals Funding Notes LOAN - Ontario Conference Requirements continued: - Borrowing Limit Lesser of: - 65% of Project Cost$ 1,791,179 - Up to 400% of Prior 3 Years Average Tithe % x 1,677,112$ 6,708,448

Church Renovation/ Expansion Proposals Loan / Mortgage Calculations -Current rate: 3.75% - $ 1,629,000 loan - Paid Monthly - Amortization – 15 years - Interest Rate – 5% - Annual Loan Payment = $ 154,062 ($12, per month) - (extra $6000 per year, or $500 per month compared to last loan calculations)

Church Renovation/ Expansion Proposals Historical Giving beyond Church Budget 10 Years: 2004 – year combined annual average for Building/Partnership & Project Light $ 207, year Project Light annual average = $ 60, year total receipts for Building and Partnership Funds = $ 1,474, year annual average for Building and Partnership Funds = $ 147,418

Church Renovation/ Expansion Proposals Next Meeting One week from today Sabbath, November 22, p.m. – Youth Chapel / Fellowship Hall