Archive for the ‘Capital Campaign’ Category

Capital Campaign Update

Sunday, December 10th, 2006

from Don Knox, Capital Campaign chairman and APC Elder

I am overjoyed at the response to our capital campaign and what God has done! Here are the results, to date:

CAPITAL CAMPAIGN UPDATE

  • Total number of pledges = 37
  • Total pledged to date = $546,028.00 (over the 3-yr pledge period)
  • Total received to date = $191,698
  • Outstanding pledges = $354,330

We will receive a few significant gifts at the end of the year that will change these numbers.

BUILDING FUND UPDATE

  • $484,400 in hand
  • $354,330 outstanding pledges
  • ————————————
  • $840,000 in cash and pledges

This leaves us to borrow around $800,000, short term, with approximately $500,000 of that being longer-term debt (not offset by pledges).

If you are new to Ambassador or are interested in making a pledge at this time, check out the Building with Living Stones website. You can also get an info packet off the back table at church. It has lots of helpful info and a pledge card inside.

Please leave a “comment” below if you have any questions…or you can submit a question/comment/concern here.

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Building Committee Update

Tuesday, October 24th, 2006

- from Steve Brown, Building Committee Chairman

The Building Committee is working with Arks and Farrior to develop a draft floor plan for the new building based on the space needs presented several months ago. After several iterations, we are nearly ready to present a recommended plan to the Session for their review. We are also developing a site layout with the goal of submitting it to the Town of Apex for site plan approval, hopefully by the end of the year. The Apex site plan approval process will be the critical path for the project schedule, and will likely take about 6 months. Once the site plan is submitted to Apex, we will return our focus on the building itself and seek input from the congregation on specialty areas such as worship service arrangements, music program needs, Sunday school, nursery, hospitality, building and grounds, interior décor, and others to make sure the diverse needs of Ambassador’s ministries are suitably addressed. All of these other activities will occur parallel and simultaneously with the site plan review process. Our goal is to have all of these details resolved and begin construction once the Town approves the site plan. We will have more specific schedule details once the early key issues get resolved. Stay tuned!

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