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Keystones Building and Financing Plan -- Phase I: "Primary Needs Option"

Comments by Tom Ault – Co-chair, Building and Design Committee

Congregational Meeting October 29, 2000

 

CCC Phase I Building Plan - - Highlights

We fully achieve our top four priorities:

· Parking lot for more than 50 cars

· Air-conditioning for entire facility

· Handicapped-accessibility throughout

· A facility that meets life safety and all code standards

CCC Phase I Building Plan -- Highlights

We also gain:

· Distinctive new main entrance

· Totally renovated education building for our children and youth

· Partially excavated courtyard with children's play area -- and daylight to lower level

· Kitchen that meets health code for use by day care and others

 

CCC Phase I Building Plan-- Other Highlights

· Space for coffee hour on main level

· Meditation room adjacent to sanctuary

· Remodeled social hall

· Four new restrooms

· New meeting room over entrance

· Functional spaces for church office, choir, sanctuary committee and deacons

· Asbestos removal

Improvements Since March

· Entrance porch

· Personal lift and multi-level elevator replaces ramps

· Additional restroom in basement

· Central cooling system

. Kitchen that meets code for tenant use

· Cost reduction:

. re-location of stairs and elevator; smaller

entrance addition

. fewer structural changes in education wing

Schedule

· October 29, 2000 -- congregational vote

· November 2000 -- apply for building permits

· January 2001 -- seek construction bids

· January 2001 -- remove asbestos

· February 2001 -- select contractor

· March 2001 -- commence the main portion of the work

· January 2002 -- move in and celebrate!

Project Estimates

. Include all costs

. hard construction costs

. adequate contingency reserve

. "soft" and other costs

. financing costs for Keystones period

. Construction estimates prepared by construction management company

. based on detailed construction drawings

. developed from estimated prices for all "inputs"

. includes estimates of potential subcontractors

"Soft" and Other Costs

. All architectural and engineering fees

. Pre-construction services

. Building permits and other fees

. Kitchen design

. Soil borings

. Water, sewer and electric hook-up

. Testing and inspections

. Legal fees

. Fund raising expenses

. $50,000 for furnishings

Changes in Cost of Project Since March 24 Meeting

Estimate for March 24 $3.9 million
congregational meeting
Construction hard costs, +0.2
including contingency
"Non-financing" soft costs +0.2
Asbestos removal, furnishings -0,1
Financing costs through end of +0.1
capital campaign
Assumption of existing loan +.3
Total Project Costs $4.6 million

Perspectives on Cost

. Cost has been pared $200,000 to $400,000

. But reductions offset by unexpectedly high inflation and better estimates

. Building and Design Committee considered many options, including radical surgery:

. only build parking lot

. eliminate entrance addition ($150,000-$250,000) - no central cooler ($120,000)

. bare minimum kitchen renovation ($80,000)

. replace elevator and lift with ramps ($ ? )