Sermon Series: Week 2
Mark 11:11-24 (NIV)
INTRO:
Our
Question:
Was Jesus having a
Answer:
Jesus is
Lesson:
Learn to
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MVC CAMPUS EXPANSION & FUNDING PROPOSAL: “Bringing Christ & People Together Forward in Faith”
Current Reality:
MVC is completely debt free (in the past 4 years we have paid off over $1 Million dollars of indebtedness)
Proposed Expansion & Estimated Cost:
Priority 1: Two New Ballfields ($1,000,000)
Priority 2: New Building/FUSE Student & MVCA Classroom Space ($1,000,000)
Priority 3: New Foyer/Welcome Center for the Sanctuary ($1,000,000)
3 YEAR CAPITAL STEWARDSHIP CAMPAIGN
1. CHALLENGE GOAL: $1 MILLION…If we raise $1 Million, we build the ballfields debt free!
2. VICTORY GOAL: $2 MILLION…If we raise $2 Million, we build the new building debt free!
3. MIRACLE GOAL: $3 MILLION…If we raise $3 Million, we build the new foyer/welcome center debt free!
Funding Plan:
The idea is that we would not have to borrow ANY money, rather, we seek to raise ALL money in the Capital Campaign. MVCA has already committed $200,000 to the new building.
Financing Options: IF we need to borrow money…
1. $100,000 unsecured loan @ 6.25% interest from Queensboro Bank (Credit Line)
2. $512,000 financed by Quality Plus Services ($100,000 down payment, quarterly repayment of balance over 36 months @ 5% interest)
3. $600,000 loan from an anonymous friend of MVC as we need funds (Terms: 5-year repayment @ 5% simple interest)
4. $1,000,000 loan from Queensboro Bank (Terms: 20-year loan @ 6.5% interest)
Close:
What you
Let’s move forward in faith…EXPECTING fruit out of season!
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