Building Update

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Video Tour

Scope of Remodel

Phase 1 Sunday Ready
Sanctuary
Classrooms
Offices
Phase 2 Ministry Ready
Kitchen
Outdoor Fellowship Area
Grounds
Phase 3 Community Ready
Preschool
Youth Center
School of Ministry

Budget for Repairs

Parking Lot $55,000
Flooring $25,000
Sound/ AV $TBD
Drywall $21,000
Paint $25,000
Electrical $TBD
Windows $TBD
Roof $30,000
Carpentry $TBD
Plumbing $TBD
HVAC $25,000

Funds in the Bank

Investment account $775,000
Building Fund $150,000
Total $925,000
Elders Approved $300,000

Lease & Purchase

We will lease the property for $11,400
We have the option to purchase the property at the end of the lease for a 25% discount
Example: Property valued at $2,000,000 = Purchase price $1,500,000
We will have at least $600,000 down payment
Mortgage at 5% would be $4,831

Rebranding

A New beginning in new place calls for a New name
Hope Chapel
Hebrews 7:19 ESV
(for the law made nothing perfect); but on the other hand, a better hope is introduced, through which we draw near to God.
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