Below are some more pics of the progress of our current construction project which includes additional offices, restrooms and a large cafe. We were able to pay for 60% of this expansion with cash. The other 40% we took a loan for at a very low rate on a 5-year note. This will be paid for with monies that were already planned for Facility Expansion in the budget. That means that the worst case scenario is that this new addition will be paid off in just 5 years. However, all monies that come in to our Building Fund will be used to pay off this loan early. It is our goal to pay it off in just three years, saving quite a bit of monies in interest and so that we can move forward with our second planned expansion which deals with renovating our Young Wing and Chapel into a more conducive wing for our ever growing and very effective Children's Ministry here at Grace Church.
The first two pictures below show the block going up outside. The first picture is the very end of the office expansion. The second picture clearly shows the office expansion (in block) and the new cafe (without block). The final 3 pictures show you the work and progress taking place inside these additions.
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