Sadly it is official, after serving our parish for over twenty years, Father Fred Riegler will be retiring this June. We will be doing something very special to commensurate his retirement, so stay tuned for further updates. May God Bless Father Riegler now and throughout his retirement.
Church Debt Update: In 2005 the parish borrowed almost three and one half million dollars to build our new church, and signed a thirty year note with the Archdiocese. Two years ago we were able to refinance our loan from the original 4.5% rate down to a 2% rate, but they would only allow a two year time frame, not knowing what the banking rates would be at that time. This spring we were able to negotiate maintaining the 2% rate if we were to make a balloon payment of $125,000. The Finance Committee agreed to use a portion of our long term savings, and lock that 2% rate.
Effective this July, our debt is now down to $448,302.00 and is scheduled to be paid in full by May 31, 2019. With your help, we have cut a thirty year note down in a fourteen year period and we are so grateful for your generosity. We are asking all families to dig a little deeper each week and contribute more to the Church Debt Collection, and maybe we can have it paid off even sooner. Thank you in advance for your support.
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