Land Info Meeting
Where is the land located?
Just off Deerfoot west on Country Hills Blvd.
The street is not there yet, but it will be 11 St. NE
The land is on the north side as you enter the valley
How big is the land?
The parcel is planned to be 7 Acres.
Size may change depending on roads and access
Who would we buying it from and when?
Melcor is the land developer.
They plan to have it ready November 2018.
How much does it cost?
$925,000.00 per Acre
Cost between $6 - 6.5 million depending on final size.
How will we pay for it?
We would sell the East Campus.
The East Campus is worth about $3 million.
We would have to raise the remaining $3.5 million
We will ask our congregation for pledges
These pledges would be paid over the next three years.
How will we finance the rest?
Our bank has said they would approve a loan.
The PAOC has agreed to loan us any additional funds required.
What would we build? How much will it cost?
Our present building is about 30,000 square feet.
We need approximately 50,000 square feet.
Approximate cost is $11 million.
If you have further questions, please email them to us: firstname.lastname@example.org.