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Current Minutes:

DOLORES STREET BAPTIST CHURCH
BUSINESS MEETING
SEPTEMBER 8, 2002

Topics:

Real Estate update (Dave)

  • Listed at $1,925,000 on August

 
  • Many inquiries, but no valid offers
  • Offer of $850K summarily rejected

  • Lowered to $1,795,000 on August 2

 
  • Two immediately valid offers
  • Reputable local developers

  • Sold "As Is" for $1,795,000 on August

 
  • Close of escrow before year end

  • Miscellaneous Item

 
  • Health Inspection
  • Insurance
  • Duplicate name on Title

  • DSCS

 
  • Moving out
  • Kitchen
Intersection" (Bethany partnership) update (Dave)
 
  • Sharing' arrangement versus 'Covenant' relationship
  • Counsel's suggested operating agreement and structure
  • Recommended deadline for moving forward on our own
Pastor Search Committee (Dave)
Castro Street Fair in October (Jeff)

Financial Posture (as of August 31, 2002):-
 
1. 2002 Balance Sheet
2. 2002 Income Statement
3. 2002 Comparison Report
4. 2002 Budget Report


Upcoming Special Meeting/Event - Socialize with pastor candidate and family; participate in dialogue (specific date and time TBD):-
 

  • Will occur over a weekend in September or October (i.e. Friday or Saturday lunch or dinner party to meet and greet the family followed by Sunday morning worship service); be on the look out for upcoming information

Next Business Meeting - November 10, 2002:-