Parking Lot Project – Please Help
Two weeks ago, I wrote about our parking lot. It’s very old, looks terrible, and has unsafe potholes. We want to fix it, not just patch it.
We now have two bids, one for $89,000 and one for $99,000. Our Facilities Committee and I are analyzing them, to understand the differences. Redoing the lot is a once in a generation project. We want to do the lot well, and then take good care of it. That’s good stewardship.
Last week, I wrote about how we’re paying for big projects, using a combination of funds: general collections, Capital Needs contributions, rental revenue, and financing through Catholic Finance Corporation (CFC).
At our May 30 Finance Council* meeting, members recommended we ask for the entire cost of the lot. (The more we raise, the less we pay in CFC interest costs.) That’s their challenge to the St. Matt’s community. The Council and I asked Fr. Thomas to speak on this effort at this weekend’s Masses, and he agreed.
There are several ways to give, e.g., PayPal, Capital Needs envelopes, and Electronic Funds Transfers. See also the insert in this week’s bulletin.
I know some people schedule their donations over the course of a year. If it’s helpful in your planning, please fill out a pledge form. That way, we know where we stand with cash in hand plus pledges over the next 12 months. As of 6.3.24, we have over $30,000 in cash and pledges.
*The Finance Council’s discussion included the knowledge that this community came together over the past year, to raise the $109,000 needed to replace our main electric panel. (Note: the panel replacement is scheduled for June 18-21. We expect campus power to be off for much of that period. We’ll know more in a few days.)
Thank you for your support, and have a great week!
Leave a Comment