Cedar Lane Will Conduct a Capital Campaign
Nearly 80% of those present voted to conduct a capital campaign with a goal of raising $7 million, of which, $5.5 million will be devoted to building renovation and associated costs, 15% of the total raised will be allocated to strategic initiatives to advance Vision 2020, and any remaining funds will begin replenishing our endowment.
The Board is working with staff to form a campaign steering committee. The pre-campaign stage began this week and will continue through February of next year. Mel Kalagian from James D. Klote Associates will be onsite as our campaign coordinator throughout the remainder of the church year. Formal kickoff of the campaign will be in late February or early March, 2018.
Once the campaign is over and we know how much we have raised and what our renovation budget will be, the Board will re-engage with the architects to begin work on designs that will fit our budget. The concepts developed last summer to support the capital campaign decision suggest that the target $5.5 million will enable dramatic improvement and will address many long-standing issues with our building.