Rejoice Renew Rebuild

Construction Estimate
Wallace Builders
Ligo Architects
October 26, 2008

Sanctuary Construction $1,338,655
Waterline extension and Sprinkler System $137,100
Add full unfinished basement $46,665
Subtotal $1,522,420

Allowances  
Retention pond $10,000
Stained glass in/out storage $15,000
Chairs $30,000
Asbestos removal $8,000
Subtotal $1,585,420

Architect Fees $100,000
Construction Loan $12,000
Loan Application Fee $1,000
Closing Costs $10,000
Attorney Fees Allowance $2,000
Subtotal $125,000

Subtotal Construction costs $1,585,420
Subtotal Contingent Fees/Costs $125,000
Total Estimate cost for construction $1,710,992

Cost Alternative Consideration:  
Total Estimated Const. Cost $1,710,992
Deduct  
Canopy $22,700
Additional Stained Glass $27,000
Alternative Total $1,661,292



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