SLIDE 1
Our Path to Our Permanent Home
June 27, 2014
Current Facility Outlook
FCS SJBA
WELCOME! Our Path to Our Permanent Home June 27, 2014 Current - - PowerPoint PPT Presentation
WELCOME! Our Path to Our Permanent Home June 27, 2014 Current - - PowerPoint PPT Presentation
WELCOME! Our Path to Our Permanent Home June 27, 2014 Current Facility Outlook FCS SJBA Future Property Criteria GAC requires 4 acres min for our population Minimum 30K square feet Must be zoned M1 for education Must be on
SLIDE 2
SLIDE 3
Future Property Criteria
- GAC requires 4 acres min for our population
- Minimum 30K square feet
- Must be zoned M1 for education
- Must be on sewer, septic field takes 1- 2 acres
for drainage
- Must have adequate parking/traffic flow
SLIDE 4
TIMELINE
22222220
2011-2014
Meetings with top Atlanta Catholic Benefactors
2011-2014
Evaluate properties: Design/Build /Lease/Purchase
2011 2013
Real Estate: JB Bader Advisors:Vic Maloof & Mike Weigel
Feasibility Study: Dita Peatross, Architect 2013
SLIDE 5
TIMELINE
June 4, 2014
Schematic Plans & Construction Estimates
June 3, 2014
Due Diligence started by John Oliver
June 2, 2014
Contract on H.I.T. Property
SLIDE 6
H.I.T. FACILITY
- 4.4 Acres/15 sq ft, 1 floor
- 5 years old
- Three sides brick, back stucco
- Fully sodded fenced soccer field & playground area
- Asking price 1.8M, contract 1.4M
- Build out costs to be rolled into loan after purchase
- Contract Terms- 90 Day Due Diligence. Financing-
120 days, Close 15 days after.
- Construction Schedule- 9M, move in Aug 2015
SLIDE 7
PROJECT TEAM
Anthony Ferrari
Building Project Manager
Vic Maloof
FAIA, FCMAA, RIBA, FBIA Architect Advisor
Mike Flanigan & Tommy Gravitt
- Bldg. Consultants
John Oliver
Vice President URS Corporation Due Diligence
Mike Weigel
President
A.M. Weigel Construction Construction Advisor
SLIDE 8
DUE DILIGENCE
- Conceptual Design
- Civil Engineering Analysis Assessment
- Alta Land Title Survey
- Topographical Survey
- Property Condition Assessment
- Phase 1 Environmental Assessment
- Traffic Study
SLIDE 9
PROJECT COST
Property $1.4 M Build-out $2-2.4M TOTAL $3.6-3.8M
SLIDE 10
FINANCING PLAN
Raise $870K down payment for the project Take a 20 yr loan for the remaining balance
SLIDE 11
STRATEGY
- PARENT COMMITMENT
1
- CROWDFUNDING
2
SLIDE 12
SLIDE 13
HOW IT WORKS
- 870K / 130 FAMILIES = $6,692/FAMILY
- 130 x 20 = 2600
- 2600 x $50 = $130K
- 130 x 135 = 17,550
- 17,550 x $50 =
1 2 3
$877,500
SLIDE 14
SUCCESS STORY
- Mrs. Kristi Brannen
Founder and Director The Kings Academy Woodstock, GA
SLIDE 15
SLIDE 16
HOW CAN YOU HELP?
1
- CONTRIBUTE
- Donate at least 2K toward the property
2
- PROMOTE
- Get our Causevox page to as many as possible
3
- PRAY
- Take part in spiritual efforts lead by Maria Smith
SLIDE 17
CLOSING
Question & Answer
- St. John Bosco…Pray for us!