So he called its name Rehoboth, saying, “For now the LORD has made room for us, and we shall be fruitful in the land.”
Genesis 26:22b
Project Rehoboth
A Capital Campaign
OPTION 1:
Purchase Land and Build Building
Example: 265 Woolwich St., Breslau, 8.3 acres
Purchase Price: $649,000 (not including development and servicing costs)
Downpayment 60%: $389,400
OPTION 2:
Purchase and Renovate Existing Building
Example: 640-654 Trillium Dr., Kitchener, 46000 sqft
Purchase Price: $5.5 million (not including renovation costs)
Downpayment 60%: $3.3 million
OPTION 3:
Purchase Office Space as a Stepping Stone
Example: 31 Beacon Point Court, Breslau, 10000 sqft of office space
Purchase Price: $1.5 million (not including renovation expense)
Downpayment 60%: $900,000
Please note that these are examples of the types of options we will be looking into.
From the Elders…
Our church is like a young couple looking at real estate, who need a downpayment.
Our elders are committed to never putting the church into debt more than 40% of the value of the asset. Therefore, we need a 60% downpayment before moving ahead.
VISION
1. To Acquire Land
2. To Own a Building
3. To Start a Classical Christian School
4. To Plant Churches
GOALS
$50,000 by Easter
$500,000 in Five Years
GIVE
Two Ways to Give:
1. Cash/Cheques on Sunday
Be sure to designate your gift as “PROJECT REHOBOTH”
2. Online via Paypal
