Subject: Re: Board Approval - OPW
From: Terry Hart <[email-masked]>
To: Julie Feldpausch <[email-masked]>
Cc: Duane Feldpausch <[email-masked]>, Larry & Mary Ford <[email-masked]>, "[email-masked]'" <[email-masked]>, Mike & Celeste Bishop <[email-masked]>, Jacob Sabins <[email-masked]>, [email-masked], Vance & Kathy Saunders <[email-masked]>
Date: Fri, 24 Apr 2015 15:28:19 +0000 (GMT)

This is what we've been waiting for!  Praise Almighty Jesus!  YES! YES! YES!

On Apr 24, 2015, at 11:21 AM, Julie Feldpausch <[email-masked]> wrote:

Gentlemen:
 
Another property sale for your approval.  If you have any questions regarding this, contact Pastor Scott at 319.5770.  Otherwise, please send your yea/nay vote to me as soon as possible.
 
Thank you.  Have a great week-end!
 
From: Scott Thompson 
Sent: Friday, April 24, 2015 11:11 AM
To: Julie Feldpausch
Subject: Board Approval - OPW
 
Julie,
 
Can you poll the board for approval to sell the remaining Office Park West buildings the church owns?
 
Here are some of the details:
 
·         Pastor Kevin fully supports the acceptance of this offer.
·         The offer is $1.48 million.
·         This results in a $40 per square foot price.
·         After paying off the loan and recouping cash we have invested in the property, we will net just under $350,000.
·         Pastor Kevin wants these funds to be placed in the church’s reserve account instead of being used for tithes (department funds) or Hope Now.
·         Kevin asked me my opinion about the funds being placed in the church’s reserve account, and I fully support this.
 
Additional items:
 
·         The buyer is very interested and wants to move quickly.
·         If we accept the offer, the purchaser still has the opportunity to review lease agreements and perform building inspections. 
·         The purchase is contingent upon the buyer’s satisfaction after reviewing these item.
·         We should know by May 31st of any contingency concerns.
 
Please let me know if you have any questions.
 
  - Scott

 
Scott Thompson 
Executive Team Minister
[email-masked] 
517.319.5733 
mounthopechurch.org