Surf City Church has entered into a purchase and sale agreement with the Olson Company to redevelop the existing campus of Surf City Church.  In exchange for approximately one half of the existing campus property, Olson Company will contribute funds toward architectural costs, renovate some of the existing buildings and construct new buildings on the remaining portion of the campus.  Currently, the project is in its site design period.  Should a suitable site design be developed, then the project will move into its feasibility period.