Special Congregational Meeting Aug 27 to Vote on 6th Street Property

Special Congregational Meeting Aug 27 to Vote on 6th Street Property

A special Congregational Meeting is scheduled for Sunday, August 27 at 10:00am in the Parish Hall. The congregation will vote on what to do with the Church’s property on 6th Street with these two options:
  • Sell. If the congregation votes to sell the property, the revenue, which we estimate would be around $200,000, could be appropriated by the Council to pay off existing debt, invest in other ministry opportunities, etc. It should be noted that the Council would consider any ideas for reallocation of this asset. However, the Council is very interested in debt reduction.
  • Retain. If the congregation votes to retain the property, the Council would contract the management and lease of the property which would reduce the income while maintaining the asset. Of the estimated $1,300-1,500 in rent collected each month, several hundred would be deducted for insurance, taxes, property management fees, and maintenance.

 

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