By Barry Parker, Rector
Posted on March 22, 2017
Earlier this year we made our annual debt re-payment using the funds collected in our Above and Beyond capital campaign. We now have only $150,000 outstanding on our loan. By the grace of God we believe we will pay off our loan entirely by January 30, 2018.
This is a remarkable achievement. Our massive reconstruction started in 1991 with repairs to the north face (Bloor Street) of the church. Now, some 26 years later, the entire facility has been renovated, adding major new construction to a facility where Jesus’ redeeming love and grace is shared and experienced in so many ways. This did not come cheaply. In total, approximately $35 million dollars has been spent. However we can say through it all: God is good!
This June is the 175th anniversary of St. Paul’s Bloor Street. Wouldn’t it be wonderful to celebrate our anniversary as a church completely debt-free? There are enough pledges from Above and Beyond to complete this wish by year’s end. All this would require is for people to move up their pledge payments to the beginning of June. Imagine the joy of celebrating God’s goodness and grace to us without any debt! Please prayerfully consider whether you are able to make your pledge payment before June. On June 11, at our anniversary worship service, let’s celebrate God’s faithfulness and blessing to us—completely debt-free.
What an anniversary gift—the legacy of debt-free ministry for the next generation and the opportunity to advance the next phases: the Ministry Apprenticeship Program and creating Worship Space for tomorrow. God is Good!