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Congregational
Meeting March 21, 11:15am
UCN’s
board and finance committee have been wrestling with the current
economic situation of our church. Both the board and the finance
committee believe it is time to sell nine acres of land and the
house to the north. We have a $60,000-80,000 gap between what we
project to be our income versus our expenses for our next fiscal
year (depending on pledges received). We are proposing to sell this
land and the home at an estimated value of $190,000. We recognize
we bought this land for $300,000; our leadership still believes
we cannot afford to continue financing a $600,000 mortgage and meet
other operational costs, given current trends in pledging and our
inability to find an anchor tenant. Further, we are only using the
building presently a few times a year, and this 9 acres and building
are not part of our long-range plan. We will still have room on
land we will still own, to create additional parking and do the
next phase of building development when the need presents itself.
The finance committee is currently contemplating using some of the
sales income to pay down a portion of our mortgage and some to pay
for operational costs over the next few years. We will not be in
a position to bring the decision to a vote on March 21st on how
to utilize the proceeds of this sale; the pledge campaign and budget
process will not yet be complete. That decision will be voted on
at our Annual Congregational Meeting in May when our budget is approved.
We have gathered feedback from the congregation through 4 barn banters.
It appears we have consensus to sell but we want to open discussion
one more time and then vote on how to proceed. We are calling for
this vote now, so budget discussions can be finalized and, if the
vote is affirmative, the property can be placed on the market in
the spring - an excellent time of the year to sell a home.
Please come with your ears, opinions, open hearts and commitment
to UCN’s future prosperity. Thanks in advance for your active
participation in the business of our church.
Upper Level Schedule for the morning—Please carpool, bike
or walk!
10:00—Sunday Service with Rev. Julie Forest; 11:00—Break
11:15—Congregational meeting; 12:30—Adjournment (time
approx.)
Lower Level Schedule for the morning:
10:00—RE worship service; childcare afterward; nursery all
morning
In gratitude for our companionship,
Patrick Brown
UCN President
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