In this section we will post quetsions we've received from the congregation as they come in, and offer any information we have to effectively answer those questions.
What are the average utility costs?
Utilities averaged between $1,000 and $1,200 per month.
By comparison, our average utilities over the same period were $3,200 per month.
What about Oasis and Southwind Sangha?
There is sufficient space to accomodate our current Parish House tenants.
We will invite them to come along with us on this journey.
What about the money? How are we going to pay for this?
The Fairmount property is under contract for $149,000. When the education building was sold, Fairmount set aside an additional $100,000 for a future building fund. We also value the Pilgrim property at approximately $350,000. Together, this would provide roughly $599,000, leaving a loan balance of $171,000 with Cornerstone Funds. We can finance that over a 15-year period or retire the loan using available investments in such a way that a large majority of our investments would remain intact.