Excerpt from SlideShow for St. Paul's Dundas Board Feb 8 2015

1. BOARD ADVICE
 1/3 to short term capital
 2/3 to long term investment

2. REALITIES
 $850,000 – roof, brick, mortar, soffits
 $300,000 – stained glass windows
 $300,000 -- interior

3. OPTIONS
 Do nothing
 Fund the entire project with the bequest
 Proceed with the restoration in stages and
match the funding between the bequest and
monies raised
 Fund the project totally on fundraising

4. BOARD ADVICE
 Proceed with restoration of the Sanctuary
 Merge the roof and window restoration to
leverage cost savings
 Consider a matching approach for funding at
a 60:40 ratio