ACCC Building Project Report - 21 September 2016

Donations Received

Mangere Project Update

The contract with Wilkran Construction (2014) Ltd for a total project cost of $1,050,000 + GST including Auckland Council, architect & other fees started in mid April and the scheduled completion date is now in late November 2016.

A fundraising programme was included in the last two ACCC Newsletter. The ACCC 56th Anniversary Dinner held on Saturday, 18 June 2016 raised over $8,000 and $22,000 in pledged donations. Many thanks for Connie Kum for organising this very successful event and all those supporters who donated items for the auction and raffle or participated in these.

Because of the construction restrictions, the biennial Garage Sale will now be held at Mangere on Saturday, 26 November 2016. Again, we need your support and assistance to make this another great fundraiser.

Financial Update excl GST

Total project cost in April 2016 $1,050,000
Estimated cost for stadium roof & insulation 130,000
Estimated cost for Spark & 2 Degrees antenna re-locations 50,000
Estimated cost of kitchen refurbishment 70,000
Estimated cost of donation board & brick engraving 10,000
Estimated cost of re-vanishing stadium floor 10,000
Estimated cost of landscaping & entry refurbishment 40,000
Contingencies 20,000

Total estimated refurbishment costs $1,380,000

Project payments made by 31 August 2016 $564,058
Project payments still required $815,942
ACCC cash reserves in ANZ Bank at 31 August 2016 $774,465

Financial Shortfall $41,477

We are including below a complete list of the funds received for the Mangere development project and we still need more personal donations to bridge our cash shortfall.

Your donation will be permanently featured in the main foyer on a special Donors Board (as per attached proposal). However, for the donor's name to be listed, the contributions need to be received by 31 October 2016 at the very latest, so that the board can be designed and installed ready for the Official Opening tentatively scheduled for February 2017.

We have managed to revise the building extensions plans to retain the brick wall with all the existing donor's names intact and with sufficient blank bricks to accommodate the inscription in a different colour (white) of about 400 new Enduring Member's names.
Therefore , Bricks and Enduring Memberships can be purchased at any time after 31 October 2016 ( in accordance with the Constitution) with a donation of $500 per person, but will not be featured on the donors board.

Download the donation form here. Your donation is most welcomed.

Kai Luey
Chairman

Mangere Project and Fundraising. Updated on 28 September 2016

Dear All

Please find attached the final design of the Original Major Donors 1970s lightbox and the latest updated donation list.

We have hit $400,000 in total funds raised but we must really aim to get this up to a minimum of $450,000 by the final deadline of 31 October 2016 so that the new donors lightbox can be designed. My thoughts at this stage is to have donations of $100 & more but this will be subject to review when we know the numbers of donors and this could be reduced to $50+. However, all donors will be listed in a special book on display in the members lounge.

We need the extra funds for many reasons as follows :-

1.  The quotation for the roof replacement was much higher than expected and Spark & Two Degrees are refusing to pay the cost of the temporary re location of the antennas and the installation in the final positions. The architect is investigating the cost of running the cable trays inside the hall as the optimal minimum cost to ACCC. In the meantime, we have taken the roof replacement out of the main contract with Wilkran so that building progress is not delayed any further.

2.  Wilkran have already officially advised the building progress is running at 5 weeks behind schedule and will make some claim for this. However, we are pushing hard to get full access to the main hall and store room a week before the garage Sale scheduled for 26 November.

3.  The cost for the front entry ground work, landscaping and carpark reinstatement is unknown at this stage plus various other extra costs before the grand opening tentatively planned for February 2017.

4.  The letting of the 1st floor offices at 101 Mt Eden Road will not be a fast process, and I have another agent, Douglas Fan, onto this. I have asked OwenYoung  to proceed as quickly as possible with the entry renovations as this will make it more attractive for an office tenant.

5.  ACCC really needs to build up its cash reserves again for any unexpected items as the owner of two properties.

With regard to the fundraising programme, I have sent out emails asking for donations to nearly 300 persons and organisations giving the 31 October deadline to Chinese associations, past ACCC Committee members, ACCCSC members & parents and to friends & colleagues. In addition, Cecil has send out the email below and John has sent to NZCA Auckland members.

Now is the time for all ACCC Committee members to personally ask their family and friends to donate for the long term benefit of the Chinese community and to have their names permanently featured in the entry foyer of the extended premises. All will be fully aware of the extension project and fundraising through newsletters and various emails. ACCC has not asked for financial contributions for  the last 40 years, and will not do so again in the foreseeable future.