Meeting with Property Owner

The meeting with the property owner just ended and it was a very productive and positive meeting. The owner at first look through was agreeable to our initial terms on the 1st parcel. More work is still needed to form the entire plan on all three acres, but the initial look through was favorable.

The owner was also willing to extend our Letter of Intent for 30 more days moving the date of expiration to October 9th. We have until that date to come to an agreement and we feel confident that we are getting closer to a deal. The property will remain off the market until the LOI expires.

The leadership has several meetings with local banks arranged for next week.

The commercial real estate process is a time consuming one. Continue to be patient with us as we work through the finer points of the agreement and continue to pray for the team and the church.