PTP AD HOC COMMITTEE UPDATE

The committee met again on Tuesday, February 1st to share updates on information members gathered the past month.

  • We received and reviewed the appraisal (Expense approved by Session)
  • We reviewed the total and net rental for the 11 years of ownership
    • Having a rental agency has been helpful to secure and maintain renters
    • Rental dollars go into our general fund and have made a significant positive effect
  • We reviewed necessary major repairs and costs
  • Information so far suggests we maintain ownership for at least 5 more years
  • Committee will make a final recommendation to Session at the March meeting followed with an informational meeting for the congregation

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