Church Family;

We met for our business meeting and determined / voted the following:

1.  Passed: All KSCS recommendations.  

2.  Passed: Mission, vision, values, goals.

3.  Passed: Key strategies and initiatives.

4. Passed: Strategic Planning Implementation Committee effective immediately.

5. Tabled: Loan refinance discussion will continue at another business meeting to be scheduled July 14th. In the interim, further due diligence will be made to get cost estimates for preliminary architectural drawings for proposed new building(s), survey and site plan work, and parking lot installation.

Why?  I brought different scenarios to the business meeting tonight on refinance options which could include the following in the totals.

$250K total loan: Fund full interior renovation / drainage issues.

$300K total loan: Fund renovation and install new needed HVAC units in both buildings.

$350K-$400K total loan: Renovations, HVAC, preliminary architect drawings, site plan development, install new parking lot.

Before a decision was to be made regarding how much of a refinance loan should be acquired, good estimates of work to be paid for should be obtained for accurate planning and money use purposes.  Therefore, we will have another business meeting as a follow-up, with the requested information.   July 14, 6P.

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Also, I’m excited to tell you we have met the $25,000 match challenge officially this evening, and now have $50,000 cash-on-hand towards the KSCS capital campaign. We will continue to raise funds to pay for the portion of KSCS improvements, which include the school building, breezeway, PK-K room and library. I am hoping we can raise the funds needed to pay cash for this entire amount needed, with wise use of the funds a top priority.

Have a super week!

Dean