Why didn’t an alarm bell ring at our recent presbytery meeting?
I’m not an alarmist, but I believe in truth-telling. If truth be told, the situation at Meadowkirk should have us all sitting up very straight. Instead we heard a much-too-upbeat and vague report, which accompanied a motion suggesting that a higher debt ceiling will fix the problem. Being good presbyters, bent on collegiality, we simply passed the motion with almost no discussion.
Friends, Meadowkirk needs much more than a higher debt ceiling! If you attended the pre-meeting, you would have heard that in order for Meadowkirk to survive (alternative reading: our millions of dollars not be lost), the following constellation of things needs to happen, any one of which is unlikely:
the bank agree to convert construction loans into permanent financing
the Board secure tax exempt bond financing
the Inn be booked every single weekend in 2009, plus 2 weekdays
an influx of $3 million
Can anyone tell me why the alarm didn’t ring?
Might I add — all of this predates the current financial collapse, which will not make any of the above easier!
The Meadowkirk Board is scrambling, as it should be. They need persons with expertise in fundraising, financing, marketing, and the hospitality industry, expertise which is in short supply from a bunch of preachers.
Did you realize how dire Meadowkirk’s situation is? I don’t understand why the Board, and the presbytery leadership, are being silent about the impending crisis. I will no longer be.
Your sister in Christ.