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Thursday, September 1, 2011

Mosaic Capital Campaign

Dear Friends and Friends of Mosaic,

We are in a unique position where I am doing something I didn’t know if I would ever do, that is writing a letter asking you to consider helping Mosaic in regards to a capital purchase for a property we will own.

As most of you know Mosaic has been in existence for around 5 years now. In that time Mosaic has moved and is finally in a location where we are seeing unbelievable ministry take place. Some have called us a missional church, maybe we are, but let me ask, is there a church in Scripture that we see that isn’t supposed to be a missional church? We are seeing fruit and even today, am planning another baptism of another individual in the next weeks. We are seeing fruit and making a difference in the lives of people. While we have lost some folks, we have others come on board to replace them who believe in and care about the ministry that God is doing through Mosaic.

Now let me give some specifics. Over the 5 or so years that Mosaic has been in operation we have rented property. We have been reluctant to purchase any property but now with the incorporation of a Vision Team we believe the right situation has happened in the last few weeks that we need to act on. The property we want to purchase is on the block we are currently located on, that property was appraised at approximately $400,000. The previous owners of the property operated a restaurant coffee shop on part of that property and put in approximately $40,000 in renovations to that property. Unfortunately they recently filed bankruptcy and the property is now available to us for between $50,000 - $60,000. There is also condo fees associated with the property that covers much of the cost including maintenance, utilities, and more. We are seeking to obtain funds in the amount of $60,000, and $70,000 for the property.

What we believe would be an appropriate use of the property would be to open up a for profit business where we serve coffee, soups, sandwiches, and crocks (crock pot recipes) along with minimal breakfast items. We would open 6 days a week during breakfast and lunch, and on evenings during downtown and/or arena events. We would keep the prices low and affordable for the walking traffic located near us. Across the street are the SRS offices. One of the mistakes we believe the previous owner made was they offered Starbucks quality at Starbucks prices. It is our desire to offer prices at a much lower price and with not quite the variety. We have been assured from several downtown residents, business people and others that this would be a great adjunct to our area. We would operate the business end of it with volunteers and limited paid staff. Ultimately, once the business grows we would hire homeless individuals and others to work on site. We will also have a section of the property that will have available office space which we would consider renting out for additional income.

The benefit of the current property is there is also room for additional offices and a sanctuary space. Our current space which we rent for $1,300 a month is approximately 6,000 Square feet. The new location, including the restaurant would include approximately 7,500 square feet. We would also have the option to purchase additional floors of the property, located at the Sutton building for approximately $60,000 per floor if we were to decide or grow to the place to offer additional services, of course the purchase of these floors would be optional and dependent on the future status of ownership of those floors.

Obviously, the time is short on the availability of this property. This property will soon go on the market and there are likely other interested buyers. We want to move on the property as soon as possible.

We need your help, can you contribute and assist with this purchase for Mosaic. I can’t say what it would be like to own our own facility, where there is the possibility that we could maintain the type of missional church we are, yet have an option to provide funds for the church to operate. For those things to happen though, we need you to assist us. You could be another church making an investment to the ministry, a business who believes in what we are doing, or an individual who wants to make a difference. We are also willing to consider low interest loans to help with this, but would obviously really joy in the gifts and donations which make this happen.

The time to grasp the opportunity is short, the potential is tremendous. There is no doubt, that when a small church like Mosaic has the opportunity to purchase a property worth close to ½ a million dollars for $60,000 this is a God send. With the current redevelopment of downtown, the new apartments coming in imagine the impact we can have.

Lastly, we now have a way folks can contribute to Mosaic online. If interested in sharing with Mosaic online you can visit the following link and do so. Just designate what your gift is for when you donate, you can designate gifts for ‘general funds,’ ‘capitol campaign,’ or ‘homeless program.’





If the button doesn’t appear, you can give at the following link - https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=G6KQJMMUS72CA

All contributions to Mosaic are tax-deductible. If mailing contributions to Mosaic, you can send them to the following address:

Mosaic Wichita
216 S. Market St.
Wichita, KS 67202

Blessings to you and have a great week.

Mike

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