Posted by adminmpb


It’s time to build! Thanks to all your amazing efforts we are now building the next phase of our parish campus development. 


September 24, 2021

This week’s highlights:

  • Completed the cinder block walls for the office and ministry building

  • Began the installation of the sewer system 8 feet deep.

  • Began and completed the steel installation for the tower.

  • Installed the temporary power to the site.


September 17, 2021

This week’s highlights;

  • A good amount of progress was made this week on the block walls that are up at the 8 foot level. There is another 6 feet to go and is expected to be done next week.

  • Water connections were installed, then removed because the sewer lines need to go in below the water lines.

  • Sewer lines are started. Deep holes for this.

  • Concrete sewer products arrived. These will facilitate 3 manholes to access the sewer if ever needed.


September 10, 2021

The construction process has been slowed down just a little because of the weather, but we are still on target for our scheduled finish date. Here is some of the progress made:

  • The site pad preparations are complete.

  • The footers are dug, inspections are complete.

  • The office building footings have been poured.

  • The cinder block for the office has begun. The office block walls could be up completely by the end of the week (barring weather delays)

  • The electric connection to the main transformer was completed last week.

  • To facilitate water on the building site, a temporary water line has been installed.


August 31, 2021

The entire Most Precious Blood campus will be closed on Thursday, September 9th. There will not be any Liturgies or any other activities on campus this date.
The power connection for the new buildings is scheduled for Thursday, September 9th. Duke Energy will be on campus by 9am and will turn off power to the entire campus until their work is complete.
Thank you for your understanding and cooperation.


August 20, 2021

Here is what’s happening this week:

  • Progress on the building is on schedule. The building pads are ready.

  • Cinderblock for the walls is expected to be delivered today.

  • The light poles will be moved today or Monday.

  • The underground boring for electric is expected to be done today.


August 13, 2021 

The fence is up, and heavy machinery has moved in! construction is beginning!


Saturday, July 10, 2021

“Surely the presence of the Lord is in this place”

It was a beautiful Saturday morning for our groundbreaking celebration. The sun was shining and although the weather was a little warm, we had a lot to rejoice and be grateful for.

Along with Fr. Josh and Fr. Glenn, we were joined by our former pastors Bishop Stephen Parkes, Fr. Scott Circe, and Fr. David Scotchie. Also joining our celebration was Fr. Ivan Olmo, pastor from Annunciation and the Dean of the Central Deanery North, and invited guests from the Diocese of Orlando, and architect team?

After a Eucharistic procession to the building site from the Parish Life Center, we had Adoration of the Blessed Sacrament, followed by a ground blessing and Benediction accompanied by beautiful music from our Music Ministry. After Fr. Josh returned from placing the Blessed Sacrament back in the Tabernacle, we had remarks from Fr. Josh and Bishop Parkes. Then we got down to the business at hand and broke ground on our future Ministry and Parish Office buildings!

Over 350 people came to join us in our celebration. The men’s fellowship ministry cooked hamburgers, hotdogs, sausages, fries and onion rings. Jeremiah ice provided a much-needed cooling desert.  A wonderful group of volunteers helped with the set up, cleanup and distribution of food as well as welcoming all in attendance. There were games for the kids to enjoy, and a great time was had by all. A blessed morning all around!

As Fr. Josh said, we hope this will be the first of many community events in the coming year.

Thank you for being a part of this pivotal point in our mission to build God’s Kingdom in Oviedo.  We are in awe of the generosity of all those who made this possible.  We are grateful to each of you for your prayers and your presence.  May the Lord continue to bless our community named after the Most Precious Blood of Jesus, bless this land, and bless our efforts. Amen.


Here are some photos from our Groundbraking Celebration this past Saturday, July 10th 

Thank you to Glenda Meekins and Dennis Salvagio for providing some of these amazing images!


Our MPB Family!

Thank you to Dennis Salvagio for capturing the joy and making us look so good!


Join us on Saturday, July 10th

10:30 AM – 12:30 PM

for a Groundbreaking Celebration as we get ready to begin construction on our Parish Office and Ministry buildings. We will have:

  • Eucharistic Procession from the Parish Life Center to the building site

  • Groundbreaking Ceremony

  • Cookout and Fellowship! We provide food (Hamburgers, hotdogs, sides, and drinks), you provide the Fellowship

Please RSVP below to help us gather an accurate headcount for this FREE parish-wide event.

 

If you would like to help us during the event, please click below to sign up.  Thank you for helping us make this memorable for our parish community.

Sign Up!

We hope to see all of you on Saturday, July 10th!


July 1, 2021 – Update

“But I, with shouts of grateful praise, will sacrifice to you. What I have vowed I will make good. I will say, ‘Salvation comes from the Lord.’” Jonah 2:9

What an amazing couple of months this has been!  To all of you who have given so generously towards our efforts to reduce our debt and be able to build, I cannot thank you enough.  I am honored to serve this community that is so faithful and generous to God and super excited about what the Lord has in store for us.  Since April 15th, a total of $828,912 has been given to the Campus Development Debt Reduction Fund.  As promised, I applied all of this to the principal on our current loan which was taken out to build the Parish Life Center.  Counting pledges in addition to those funds, we raised over a million dollars in just a couple of months.  Truly incredible!

In the interest of transparency, I wanted to let you know that going forward, as additional donations come in for debt reduction this year, (over and above what we regularly receive to make our regularly scheduled debt payments) we will be using those funds for two purposes.  The first is to continue to drive down the principal on our current loan.  For those of you who regularly follow our parish’s finances, I think you will be very excited to see the fruits from the debt contributions received this year does for Most Precious Blood.  We have just made a large reduction to our current debt.  Especially this year, before we need to finalize the terms of the new construction loan, we will be paying much less interest and greatly limiting the amount we will need to borrow at the end of the year.  There is a very good possibility that at the end of this year, we will have two brand new buildings that we own and be paying even less in terms of a monthly payment than we are now!  Praise God!

The second item we will be using additional debt reduction funds for is to fund the Debt Service Reserve Account.  The Debt Service Reserve Account (DSRA) is required for all loans we receive from the diocese.  This account is established to fund any loan payment shortfall during the term of a loan and the account’s balance is equal to one year of loan payments.  If the account is never required, parishes can apply the account to the loan when the DSRA balance is equal to the outstanding principal.  In essence, it pre-funds future principal payments.  Assuming we are always receiving enough to make our mortgage payment, we won’t make any new payments the final year of the loan, since all of the payments will come from that account.  

I apologize if I am being too heavy on talking about finances as of late, however, I wanted you all to know, things are looking very good!

Fr. Josh


June 9, 2021 – Update

Dear Most Precious Blood Family,

“If the Lord does not build the house, in vain does its builders labor.” – Psalm 127:1 

I know so many of you have been keeping our parish in your prayers today, because of the Diocesan Finance Council meeting we had scheduled to discuss and seek approval to develop our parish and build the Ministry and Parish Office buildings.  I just wanted to let you all know as soon as possible that the meeting went very well, and we have been approved!  Praise the Lord!

I will not receive an official email from the Diocese for a couple of days, but I requested special permission to inform you all now, and it was given!  I will be moving forward with plans for a ground-breaking celebration in a few weeks.  Bulldozers are coming and excitement is building!

From the bottom of my heart, thank you all for such an amazing response to this project, and for your love for the Church and of Most Precious Blood.

In Christ,
Fr Josh


June 4, 2021 – Update

To date, we have received over $755,000.  These are funds actually deposited in the bank to show the Diocesan Finance Council.  We have an additional $220,000 pledged for a combined total of $975,000!  This was done in just over a month.  Praise the Lord! 
This allow Fr. Josh to present our plan to the Diocesan Finance Council on Wednesday, June 9th.  Now, we need all your prayers for a positive outcome from the meeting so we can continue with the process of building!
If approved, our actual loan payment would be calculated at the end of construction, and our loan payment will be lower thanks to the money pledged and any additional money or pledges we receive throughout the year. 


On Saturday, April 24th as we celebrated our sixteenth anniversary as a parish, Fr. Josh Swallows, our Parochial Administrator, presented his vision to continue the development of our parish campus.

We are hoping, in the very near future, tobegin construction on a Parish Office and Ministry Building to replace the old and rundown modular units that we are currently renting. 

Fr. Josh described the 14-year-old modular units as “the single biggest handicap we have faced for moving forward” with developing the campus due to the increasing rental costs of the units.

The concept is to trade rent for debt and to minimize the impact on our current financial picture, with the ultimate goal of building our church.



Challenges to Building: Finances

  • Rent paid on modular increased last year by 25% from $75,000 to $96,000 per year!

  • The work done by Next Generation’s Priority 3 Team guided us tremendously in understanding Most Precious Blood’s financial situation.

  • The Diocesan Finance Office assessed our capacity to take on additional debt in the interest of building.

  • The Diocese concluded the maximum loan amount would be $750,000. The Welcome Center we had originally planned to build could have potentially cost 6 to 7 million dollars!


Reasons for building soon

  • Constructions costs continue to increase.

  • The contract on the modular units expires May 2022, with another possible rent increase if we need to renew the lease.

  • Turning the liability of the rent expense into an asset by building to reduce our to total parish debt with the ultimate goal of building our church within 10 years.


Big Picture

Estimated Cost of Construction                           $2,600,000.00

Loan Capacity Available                                        $1,900,000.00

Initial capital needed to
reduce current debt
in order to bring our plan to
the Diocesan Finance Council
for approval.                        
                              
        $  700,000.00


How can I help?

  • Complete a pledge card available in the Narthex and at the Parish Office. Drop the completed card in the Offertoty Box or at the Parish Office. 

  • Click here to complete your Pledge Card  and donate Online. 

  • Click here to Donate Online. When you log into your account, select ADD TRANSACTION.  Then from the menu select CAMPUS DEVELOPMENT DEBT REDUCTION to make your one time or recurring donation.


 

Parish Financial Overview

  • Offertory and Debt Reduction Collections on track to exceed FY 2019 levels

  • Expenses trending below FY 2020 levels

  • Operating Excess (net income) to meet or exceed FY 2020 level


Keep moving forward!


 Photo Gallery


Some of you have asked why don’t we just turn the Parish Life Center into the church? Here are some reasons:

  • Cost.  Transforming the Parish Life Center into a Church means we would ultimately lose the ability to use that space for many of our ministries (i.e. we could no longer do a fish fry in a permanent church).  This would necessitate the need to build a much larger building (such as the original Welcome Center) than what we are currently proposing.  In the end, transforming the Parish Life Center into a permanent church would carry similar costs when compared to our current plan.

  • Time.  Building something that could accommodate all of our ministry needs (when considering the ministry space we lose by transforming the Parish Life Center into a Church) would require us paying down all of our current debt before we could begin building.  We need to move forward quickly so we can stop paying rent on our modular units and build assets.

  • Most Precious Blood is characterized by two main things: Communion and Community. We love the Eucharist, and we love to spend time together.  Our final destination cannot be a parish without a Social Hall!

  • Many of our faithful and generous parishioners contributed to make the Parish Life Center a reality over 11 years ago with the goal of continuing to develop our campus and eventually build a church.  Transforming the Parish Life Center into a church would be frustrating  and counterproductive for many of these parishioners to witness, and should not be done if we have a better option.