Special Charge Conference

Bethany of Fox Valley UMC will hold a special Charge Conference on April 27 at 7:00 p.m. The purpose of the conference is to discuss the terms of our new mortgage on the church building. Since we are in a state of emergency, the District Superintendent is allowing Pastor Sam, as the presiding elder, to lead the Charge Conference. The meeting will be held via Zoom.  See the bulletin PDF for details. At the meeting, the terms of the new loan will be discussed.  Attendees will be able to ask questions and discuss the issue. Members of the church council will then vote on the mortgage.  Below is an explanation of the mortgage from our treasurer, Jim Young:
By extending the term of our existing mortgage, we can save about $5,419 a year.  Although this will increase the total payments made over the life of the mortgage, this step will help us become more financially stable on a month-by-month basis.  The Administrative Council therefore recommends that this modified mortgage be approved at this Charge Conference.