Contract Signed!

Bible Baptist Church signed a contract this week with MCON Construction to build a gymnasium!

Pastor Parrish reports...

"We signed a contract with MCON Construction and I meet with the bank Thursday.
We plan to borrow $250,000 and we have $521,000 in the building fund.

This should do a turn key job with Building from MCON $653,000 then allowances for: Septic $10,000 and City water tap and line for the sprinkler (4-6inch depending on pressure) about $20,000 or a little more.

$35,000 for the gym floor and goals and $10,500 for the Fire alarm system tied to the sprinkler system.

2-3% for overages or change orders $750,000 which Praise God is over $50,000 less than we were prepared to go. We actually voted Jan. 2007 to build and borrow up to $300,000 for the project. We have been depositing $3,000 a month into the building fund in lieu of a payment."