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2 contractors Ching’s Renovation Ltd. $47,513 R2 Square Renovation Co. $59,010

2 contractors Ching’s Renovation Ltd. $47,513 R2 Square Renovation Co. $59,010. Pledge Funds Pledge Received as at Feb 14 $263,970 Church Development Fund $309,000 Church Reserve Fund $100,000 Total Funds available $672,970 Less Purchase Price $600,000

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2 contractors Ching’s Renovation Ltd. $47,513 R2 Square Renovation Co. $59,010

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  1. 2 contractors Ching’s Renovation Ltd. $47,513 R2 Square Renovation Co. $59,010

  2. Pledge Funds Pledge Received as at Feb 14 $263,970 Church Development Fund $309,000 Church Reserve Fund $100,000 Total Funds available $672,970 Less Purchase Price $600,000 Legal fees/taxes $ 20,000 Total Purchase Cost $620,000 Available Renovation Funds $52,970

  3. Renovation Cost Contractor’s Quotation $47,513 10% contingency $ 4,751 Renovation Cost $52,264 Appliances/Furniture $ 5,000 Grand Total$57,264 Less Available Renovation Funds $52,970 More Pledge required$4,294

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