Mountain States Baptist Church Relocation Plan

1
Mountain States Baptist Church Relocation Plan

• Proposed Property
• Purchase Plan
• Development Plan

2
Particulars of Property

• Address 12050 Perry Street
• Size 13.836 acres / 602,696 sq ft
• Zoning B-2 City of Broomfield
• Utilities gas, electric, water, sewer
• Usage former NorWest Drive In
• Available Immediately
• Price 1.6 million / 2.66 per sq ft

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View of Northwest Corner
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View of North Borderline
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View of Northeast Corner
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View of Southeast Corner
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View of Southwest Corner
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Deacons meeting on site
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Inspecting the screen
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Measuring the screento researchits future
removal
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Existing electric control panels
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Steps to Purchase

1. Offer to buy with 25,000 deposit refundable
   if not suitable
2. Ask seller to hold 1 million note.
3. Finance 575,000 note on both locations with
   accruing cost.
4. Offer old campus for 1.8 million.
5. Pay both notes with proceeds.

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Steps to Build

1. Present master plan to city.
2. Select architect builder.
3. Design multi-use building.
4. Secure construction loan.
5. Construct first building.
6. Secure long-term mortgage.

14
Vision for Future

• Financial
• Lease extra land for business.
• Reduce mortgage rapidly.
• Invest for future growth.
• Ministry
• Survey new area for prospects.
• Minister to visitors effectively.
• Present MSBC on cable TV.

15
Decision to Make

• Shall MSBC adopt the plan and begin transition to
  new campus?
• Yes No
• Now for discussion.