Friday, December 29, 2006

Mortgage Reduction Report

At the December Administration meeting, there was a proposal to install a full basketball court for the community at the top of the hill. This basketball court would also be available to our youth and members and the members of the other churches that use the building, but the primary use would be for the community on a day to day basis.

It was determined that we would delay this until we have eliminated the remaining debt on our building and seek approval from the community and the city council. The current project for debt elimination is mid 2009. Delaying the purchase until 2009 should also help us to determine the right location and right suppliers for concrete and goals.

Even though finances were only a small portion of the decision, I thought I would include this projection of the elimination of the debt if we decided to install the court sometime in 2007.

The information provided in this posting is not a commitment for our body to install a basketball court in 2009, but rather an example of some of the ways that our body is suggesting to expand our ministry as more resources become available to us. ( Better suggestions may come in before we reach 2009 )

No comments: