Text Box: (Grant Money Continued from Page 1) in drafting the proposal  on behalf of the FBCLB Preschool.  Our Contractor, Wyatt, should complete replacement cost estimates for the sanctuary and food pantry shortly.  Our attorney will then begin his effort to get the $945K left under our insurance cap limits. Replacement cost estimates for Jarman Hall, Education Building B and the Preschool add to $8.7 million.  It certainly looks favorable for our claim.  

Michelle Calliham, our new Church Secretary, will be added to the Finance Sub-Committee as an Ex-Officio member. She will be a valuable resource as we move forward in our construction process.   
 
Finance has developed a spending oversight procedure for the new building program, requiring dual Text Box: signatures  and providing detailed reports on all spending. We believe this will provide sufficient controls and accountability.  

We should be receiving loan commitment proposals from Peoples Bank and Bancorp South early next week.  This will provide us with proposals from 5 different area lenders (Whitney, Hancock, Regions, Peoples, and Bancorp South).  Once all of the proposals are received, we will be able to provide a recommendation to pursue equity loans required to cover construction.  

We have recommended a three year capital stewardship campaign goal of $1.7 Million which roughly represents two times our annual revenue. The goal represents a strong commitment that will push us in a sacrificial Text Box: way. Leadership teams will need to be developed with a target date of December 7, 2006.  A time of preparation, training, and prayer will occur from January through March.  Our celebration announcement of pledge totals will occur on Easter Sunday, April 8, 2007.

Leadership Needed for Capital Campaign:
God has called David Clay to serve as our Campaign Leader.  His role will be to chair the Leadership Team and administer the Capital Campaign Program.   Other leadership that will be needed are: 
Advance Commitment Leaders – Help build a team to encourage church leaders and potential major donors to make their commitments Text Box: received as you enter church on Sunday morning.  
Prayer Sub-Committee –  The Prayer Sub-Committee is asking that everyone be in prayer over all the facets of this project.  We know that God is Text Box: Publicity Sub-Committee: 
The new church commercial began running on October 4th and will run through November. Copies of the schedule were distributed last Sunday. Extra copies may be Text Box: with us on this project and is guiding us as we re-build His house.  Please pray diligently that the Capital Campaign will be a success as we move forward.  
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Prayer Leaders – Develop Prayer Team and design prayer activities to support all campaign participants and events.  Implement Church wide prayer events during the program.  
Children’s Activities Leaders –  Plan and implement a Children’s Poster Festival , Children’s Activities, and teaching of a special lesson on giving during the campaign. Student Activity Leader – Involve the students in the campaign. 
Other key leadership positions on this Committee will be sought during this campaign. 
Text Box: Volume 1, Issue 5