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20th
Anniversary Year Lifts TAPC out of Debt!
Praise
God from whom all blessings flow! We
begin 2012 completely free of debt! The first time the church
has been out of debt since it beganver20 years ago. For those
of you who don't know the story.......
Jack &
Marion McCrady left the bulk of their estate (in their will)
to T.A.P.C. Marion entered the Kingdom back in 2002 and her
husband Jack, joined her this past March 2011. They loved
this church and told me many times it truly was their real
family. When their estate was finally settled in Nov., the
church received a check in the amount of $1,018,097.58 Yes,
over one million dollars!! It was a total surprise, no one
knew the church would be left such a generous gift.
The Trustees
had a mandate from the congregation - from the time we paid
off the original mortgage in 2006 (and then immediately took
out a new one) - to pay off the new mortgage as soon as possible.
The new mortgage was close to a million dollars to complete
‘Building God's Vision' = parlor / foyer / bell-tower
/ memorial garden /new parking lot / storage pavilion / driveway
to Aulerich Rd. / re-roofing / brick wainscoting etc. They
did this with the generous support of the congregation who
voted to pursue this exciting adventure in faith. But once
the economic recession hit in 2008, the pledges to the new
debt reduction became an ominous burden for everyone. Therefore
the Trustees wasted no time in getting to the bank in East
Tawas on 12/2/11 and paid off the remainder of the mortgage
which totaled over $785,000.00.
This gift
from the McCrady's will not affect the operating budget, since
we will be using the remainder of the money in creative ways
of funding various missions, wise investments, and matching
fund opportunities for special projects above and beyond the
operating budget. A more detailed report will be forthcoming.
So we still need everyone's support for our annual operating
budget for 2012.
Amazing!
- we burned the original mortgage back in Dec. of 2006, and
now this Dec. just 5 years later we burned the 2nd mortgage.
(See photos of those events on another page)
Many were totally surprised at being able to accomplish
this feat, but there was one person who had the foresight
and faith to help us launch out on this endeavor and that
was Walter Fales. He was our Treasurer and one of the original
Trustees. Walter, along with a few others, kept reassuring
all of us, that we could accomplish this project if we just
had the faith. I believe that Walt and Jack are looking down
on us and smiling that something dear to their hearts has
been completed. Let us note this lesson in faith from two
of God's servants.
Wow! Celebrating
20 years of ministry and beginning 2012 free of debt. Praise
God from whom all blessings flow. What an anniversary
year this has been! "Yes, the boundary lines have
fallen for us in pleasant places; we have a goodly heritage"
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