Building Our Next Church Together …
After many years of searching for the right opportunities, with the guidance of our Lord, the support of the Deacon Board and the prayers from the congregations, the RPGMBC Building Search Committee is finally able to secure the acceptance of an offer on the acquisition of a site for building our next church together.
Over the past nine years, we are like the Israelites wandering the desert and worshipping in a temporary tent. As the 10thAnniversary is coming, we now have a glimpse of a permanent sanctuary on earth. We now have the eyes on a secure place where we can be salt and light, where we can lift up the name of Jesus. Jesus said: “I, when I am lifted up from the earth, will draw all people to Myself” (John 12:32). Lord willing, RPGMBC will raise a cross high up at our new site to draw many to Christ in Northwest Richmond.
Why: Our Vision …
Our Vision Statement states that we are to build a healthy and multiplying church.
Richmond Pacific Grace MB Church is One church with multiple congregations. By obeying the Great Commandment (Matthew 22.37-39), we will bring life transformation, and hence building a Healthy Church together. By carrying out the Great Commission (Matthew 28.19-20), we will become a missional Multiplying Church to proclaim the Lord’s name through both local and global outreach.
We will continue on local evangelism such as GSF’s and youth camps as well as children outreach programs. In addition, we also aim to reach out to the influx of international students and establish a missional church in the future.
Where: From Point A to Point B …
Vision is to lead people from Point A to Point B.
Point A. Where are we right now in terms of church facilities? The current building at 6391 Westminster Highway is a 14,795 s. f. leased warehouse. The lease will expire on October 31, 2016. Annual rental payment is around $178,000, which accounts to 31% of our 2015 Operating Budget.
Point B. Where are we going? The address of the targeted site is 9251 & 9271 Beckwith Road, Richmond. Total area of the land is 31,596 s.f.. With a “CA” zoning, we can construct a ~7,500 s.f. building with the limitation of 300 seats. The listing price of the property is $3,213,000, with the accepted offer price at $2,800,000. The building cost will be $1,300,000 or less. With a contingency fund of $100,000, the total project cost is targeted at $4,200,000.
a) In the Bridgeport Village neighbourhood, north of Richmond Costco, west of Oak Street Bridge.
b) Approximately 15-20 minutes walking distance from Bridgeport Skytrain, 5-10 minutes walking distance from Bus Stop (403 and 430), and ~10-15 minutes driving from Richmond City Center.
c) According to Richmond Official Development Plan, this area is planned for Arts Entertainment and Business Focus. There will be no residential development but will attract people and traffic visiting this area.
d) Within 15 minutes walking distance south of Bridgeport Village is Capstan Village, which is projected to have approximately 5,800-6,900 new dwelling units in the next 5-10 years. The amount of the new dwelling projected increases approximately 10,000 to 20,000 population in the area.
How: Financially …
Total project costs $4,200,000
Cash on hand (Building Fund) $1,125,000
Cash to be available (pledge) $ 325,000
Loan amount required $2,750,000 (25yr variable rate – currently 3.75%)
Debt to equity ratio 1.90
Praise the Lord that we have received tremendous support through the pledges in May-June. We started the 40-Day Prayer Campaign on May 4th which concluded on June 12th. During this period, we have received a total of 161 pledges which amount to $325,780. Our original target was at $275,000, and that means the Lord has exceeded our expectation by 18.47%.
Our God is surely Jehovah Jireh! He has once again increased our faith!
As of the write-up of this sharing, we have received another piece of good news. Our loan application of $2,750,000, to the BC MB and Canadian Conference offices has just been approved. They are excited for our vision to raise the Name of Jesus in Northwest Richmond there! Praise the LORD!!
When: The Timeline …
As we look back …
In retrospect, searching for a permanent church building has always been the priority task since RPGMBC became independent on January 1, 2006. The Building Search Committee have been working hard to find a location, brothers and sisters have been praying without ceasing to seek the will of our Heavenly Father, and congregations have been giving tremendous support in offerings. God’s faithfulness is witnessed in the accumulation of the building fund over the years, experienced as we wait upon the Lord on the process of the purchase, and we are humbled by His provision through the recent pledge. The Lord is at work!
This is our prayer: “Lord, we are ready! Ready to lift up the name of Jesus. Ready to raise up the cross by the Oak Street Bridge. Ready to experience the new trust as we enter the 10th Anniversary! Lord, please increase our faith. Please allow us to partner with You – to draw many to You. Amen!”