The New Church Construction Update – September 1, 2008

The construction work is moving along according to schedule. While there was some initial concern over the removal of trees at the site expressed by Wooded Ridge Townhouse residents, the construction team was able to show the residents that the clearing followed the approved plan by the County and the State. The highlights for the past two weeks of activity follow.

1. SCHEDULE

A. Work completed Monday, 08/18/08 to Sunday, 08/24/08:

B. Work completed Monday, 08/25/08 to Sunday, 08/31/08:

C. Lost time due to weather:

D. Project Schedule:

2. PERMITS

Status and expected date of receipt:

3. FINANCING

At the last congregational meeting, there were only two banks being considered for financing the new church but we are fortunate that another bank is also being considered. The NCCEC expects to make a decision within the next 10 days to accept the package offered by one of the three banks being considered.