Saturday, October 28, 2017

Our Next Big Step!

Our building project is approaching another major milestone—whether or not to proceed with a Capital Fund Raising Campaign and the next iteration of architectural design. We now have in hand a fund raising feasibility study done by our consultant Kay Crider and preliminary cost estimates from three builders based on our conceptual architectural design.

The bottom line: Our building project, as outlined in the conceptual design, is feasible. We still have work to do on refining funding sources and costs—subtracting here and adding there—but we are encouraged by the information gathered to date. Preliminary figures are that the costs and our fundraising ability are slightly under $3 million.

Any project like ours is involves a process of gathering information and making decisions. Gathering takes time, analysis, and money. At each stage the information is more accurate, but it’s never perfect. There is a degree of uncertainty with each decision, but at each stage our information is more accurate.

So we have arrived at our next decision point, a congregational meeting on November 12 to decide on whether or not to proceed with a capital fundraising campaign and the next iteration of architectural design (that includes city approval). In the last two weeks we have received new information to help with this decision—the fundraising feasibility study and builder’s cost estimates.

Barrett Studios, our architectural firm, developed a conceptual bid package and submitted it to 6 potential builders. Three responded with proposals that we are reviewing. The week of October 30 we will conduct preliminary interviews with these three builders with the goal of selecting one to work with us during the next phase of design.

Put November 12 on your calendars for our next congregational meeting to decide on our Next Big Step.

Jim Highsmith, Co-Chair, Building Committee

Thursday, October 26, 2017

Report on Capital Campaign Financial Feasibility Study For the Boulder Valley Unitarian Universalist Fellowship

On the right side of the screen you will see a column titled Important Sites to Visit.  The first item is titled Feasibility Study.  Click on that phrase and the 20 page Feasibility Study will appear on your screen.