July 19, 2017
STAY IN THE LOOP
We’re excited to share this journey together! We will keep you informed with exciting news and status in this monthly update. We will share our progress, how we’re tracking towards our goal, and let you know how to help as we continue to build a Cornerstone for Generations!
AHEAD OF SCHEDULE!
By God's grace and the faith of the donors at Church on the Ridge, we have been able to raise the initial payment necessary to fund the project. We are excited to share that we are currently tracking ahead of schedule! This achievement allows us to drive towards design that could even prepare us to break ground this fall. Though it is early to tell, we are off to a fantastic start. We are targeting Easter 2019 for completion.
We are making great progress with a few notable achievements:
CHURCH HEALTH STUDY
In October of 2016, we completed a church health survey with a consultant and determined Church on the Ridge was healthy enough to begin a capital campaign.
We partnered with engineers and architects to determine the feasibility of building on our land next door to our current facility.
The Architect Selection Committee received bids from five architects and selected Ron Ped (Salem, Oregon) who provided the best value.
SELECTED GENERAL CONTRACTOR
The General Contractor Committee received bids from four general contractors and selected Petra, Incorporated who provided the best value. We are happy with our decision to select providers who are committed to quality work and dependability.
The financing has been committed to us to secure the loan needed to proceed with the project. This is a huge step in the process. Financing begins with a two-year interest-only construction loan that allows us time to construct the building without paying anything but interest.
We will determine the method of construction and materials to be used in the building. This enables the architect to begin drawings.
Once the drawings are drafted and submitted in August, there is an eight-week process to receive the permits allowing us to break ground. The race is on to do so prior to weather changing in November.
HOW YOU CAN PRAY
Pray for wisdom and favor for the Building Team as they complete the value engineering process.