Acc townhall 012311 all

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ACC Townhall for Building Project 1-23-2011

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Acc townhall 012311 all

  1. 1. Why Build Now? Town Hall Meeting January 23, 2011
  2. 2. <ul><ul><li>Let them construct a sanctuary for Me, that I may dwell among them. (Ex 25:8) </li></ul></ul><ul><ul><li>又當為我造 聖所 ,使我可以住在他們中間。 ( 出 25:8) </li></ul></ul><ul><li>According to all that I am going to show you, as the pattern of the tabernacle (Ex 25:9) </li></ul><ul><li>製造 帳幕 都要照我所指示你的樣式。 ( 出 25:9) </li></ul>Why Build: To Glorify God <ul><li> tabernacle = dwelling place </li></ul><ul><li> 帳幕 = 住的地方 </li></ul><ul><ul><li> Sanctuary = place of holiness (to be set apart) </li></ul></ul><ul><ul><li> </li></ul></ul><ul><ul><li> 聖所 = 聖潔的地方 </li></ul></ul>
  3. 3. <ul><ul><li>See now, I dwell in a house of cedar, but the ark of God dwells within tent curtains (2 Sam 7:3 ) </li></ul></ul><ul><li>ACC is almost 30!! It’s about time we have a dedicated sanctuary with the proper worship environment </li></ul><ul><ul><li>God deserves nothing but the best from us </li></ul></ul>
  4. 4. <ul><li>I will consecrate the tent of meeting and the altar (Ex 29:44) </li></ul><ul><li>我要使 會幕 和壇成聖 ( 出 29:44) </li></ul><ul><li>Now on  the day that the tabernacle was erected  the cloud covered the tabernacle, the tent of the testimony (Num 9:15) </li></ul><ul><li>立起帳幕的那日,有雲彩遮蓋帳幕,就是 法櫃的帳幕 立起帳幕的那日 ( 民 9:15) </li></ul><ul><li> tent of meeting = imminence of God </li></ul><ul><li>  會幕 = 神的迫切 </li></ul><ul><li> tabernacle of testimony = law tablets </li></ul><ul><li> </li></ul><ul><li> 法櫃的帳幕 = 律法的石版 </li></ul>
  5. 5. Be Visionary <ul><li>Austin will continue to grow in the next 10 years </li></ul><ul><li>80% capacity of Taylor Hall is reached now for Mandarin congregation (280); space can become a barrier for our growth </li></ul><ul><li>We need to evangelize and make disciples in parallel with making sure our facilities do not become bottleneck in the coming few years </li></ul><ul><li>New Sanctuary can also hold large evangelical meeting and community events </li></ul>
  6. 6. Why Now: Excellent Timing <ul><li>Much lower cost to build now than later </li></ul><ul><ul><li>Lower construction cost due to poor economy </li></ul></ul><ul><ul><li>Very low interest rate for church bond </li></ul></ul><ul><li>Momentum is there and growing </li></ul><ul><ul><li>Master plan done successfully </li></ul></ul><ul><ul><li>Design fee raised above target (300K in hand) </li></ul></ul><ul><ul><li>Enthusiastic and committed team </li></ul></ul><ul><li>Real good potential to have the financial and commitment for the planned building </li></ul><ul><ul><li>ACC is debt free and financially strong </li></ul></ul><ul><ul><li>Total 2010 building fund raised: $479.87K </li></ul></ul>
  7. 7. ACC Townhall Meeting 1/23/11
  8. 8. $1.75 M <ul><li>A conservative approach taken by prior ACC building projects – no more than 50% bond </li></ul><ul><li>Council reached the plan </li></ul><ul><ul><li>based on ACC financial status/history </li></ul></ul><ul><ul><li>prayer and faith </li></ul></ul>
  9. 9. <ul><li>These are offerings in addition to </li></ul><ul><ul><li>General (about $1M/Yr) </li></ul></ul><ul><ul><li>Missions (about $200K/yr) </li></ul></ul><ul><li>ACC worship has 600 adults </li></ul><ul><ul><li>Estimate: 250 giving units </li></ul></ul><ul><ul><li>Each unit average need: $1.69K/yr= $33/wk </li></ul></ul>2010 Received 2011 2012 2013 $480K $424K $424K $422K
  10. 10. <ul><li>“ Lend money to church” – will be repaid </li></ul><ul><li>To issue bond 2Q/2013 </li></ul><ul><li>Terms will vary from 1 to 15 years </li></ul><ul><li>Interest rate is probably about 4% </li></ul><ul><ul><li>More than CD rate so it is attractive </li></ul></ul><ul><ul><li>Less than rate church can borrow from banks </li></ul></ul><ul><li>Bond payment for 15 years at 4% </li></ul><ul><ul><li>$160K per year </li></ul></ul><ul><li>ACC issued bond 3 times before </li></ul><ul><ul><li>Early repayment every time: Morrison, Taylor, North Campus </li></ul></ul>
  11. 11. <ul><li>Building Fund offering $1.75M </li></ul><ul><ul><li>$480k in hand </li></ul></ul><ul><ul><li>$424K each year for 2011, 2012, 2013 </li></ul></ul><ul><ul><li>$1.69K/yr or $33/wk avg. per unit (if 250units gives to building fund) </li></ul></ul><ul><li>Building Bond $1.75M to issue 2Q/2013 </li></ul><ul><ul><li>Rate will be attractive, ~4%, 1-15yr term </li></ul></ul><ul><ul><li>$160K for 15 years to repay bond </li></ul></ul><ul><li>Faith pledge drive to start 2/7/2011 </li></ul><ul><ul><li>To aid detail planning </li></ul></ul><ul><ul><li>Long term pledge needs prayers and faith!! </li></ul></ul>
  12. 12. <ul><li>Building Committee: </li></ul><ul><ul><li>Chairman: Steve Sun </li></ul></ul><ul><ul><li>Building Design and Construction </li></ul></ul><ul><li>Building Prayer Committee: </li></ul><ul><ul><li>Chairman: Morgan Lin </li></ul></ul><ul><li>Building Communications Committee: </li></ul><ul><ul><li>Chairman: Chow Ling Chang </li></ul></ul><ul><li>Building Finance Committee: </li></ul><ul><ul><li>Chairman: Kam Lee </li></ul></ul>Need YOUR participation!!
  13. 13. Design Committee Report <ul><li>Total Budget: $3.5M </li></ul><ul><li>Site Plan Set </li></ul><ul><li>Floor Plan and Site Plan Substantially Complete </li></ul>
  14. 14. NEXT STPES <ul><li>Seeking a DESIGN-BUILDER </li></ul><ul><li>Maximum Construction Budget : $3M </li></ul><ul><li>Furnishing, Equipments and Contingency: $0.5M </li></ul><ul><li>DESIGN-BUILDER to Complete DESIGN and CONSTRUCTION </li></ul><ul><li>(Benefit: BUDGET CONTROL) </li></ul>
  15. 15. SCHEDULE <ul><li>Design: 9 months </li></ul><ul><li>Permit: 6 months </li></ul><ul><li>Construction: 12-16 months </li></ul>
  16. 16. Design Sub-Committee <ul><li>Audio/Video </li></ul><ul><li>Furnishing/Decoration </li></ul><ul><li>Landscaping/Playscape </li></ul>
  17. 17. Site Plan 地面圖 New Parking 新停車場 New Bldg 新堂
  18. 18. Modified Floor Plan 隔間圖 5 Large Class Rooms 五間大教室 Baptistery 浸池 Sanctuary 敬拜廳 640 seats Foyer 前廳
  19. 20. Building Design Committee <ul><li>Pastor Stanley Chow </li></ul><ul><li>Elder Phil Chang </li></ul><ul><li>Elder Leo Yeung </li></ul><ul><li>Albert Shen </li></ul><ul><li>Shin-Tower Wang </li></ul><ul><li>You-Kin Chin </li></ul><ul><li>Alan Chan </li></ul><ul><li>Lu-Ping Yi </li></ul><ul><li>Steve Sun (coordinator) </li></ul><ul><li>(Comments can be sent to any members) </li></ul>

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