Last week, Campaign co-chair David Beard shared an update with the Session, focusing on ways covenant partners can stay informed and engaged as we move toward a congregational vote. He highlighted that Bethel’s website has been updated with a wide range of helpful information and will continue to be refreshed as new details become available. […]
Last week, Campaign co-chair David Beard shared an update with the Session, focusing on ways covenant partners can stay informed and engaged as we move toward a congregational vote. He highlighted that Bethel’s website has been updated with a wide range of helpful information and will continue to be refreshed as new details become available. Covenant partners are encouraged to explore the Growing in Faith webpage and to share information through conversations.
The Building Committee also provided a report to the Session. They expect to receive the final cost for the Children’s Educational Wing on February 6. In parallel, Randy Ford continues conversations with banks to gather information on potential loan options. As a reminder, the role of the Financing Team (comprised of Mark Ariail, Randy Ford, Marcus Lee, and Jim Mohr) is to develop borrowing assumptions, explore lending options, and identify financial risks for Session’s consideration. Session remains responsible for determining whether and how much to borrow, communicating risks to the congregation, approving a repayment plan that protects Bethel’s ministry and mission, and ultimately bringing a recommendation to the congregation for a vote.
Looking ahead, Session will meet on February 10 at 7:00 PM to review loan options, and to discuss the details and timing of the congregational meeting.
