Yesterday was a historic day at Marathon. We had a unanimous vote to move forward and borrow the rest of the money to finish our student facility, The Garage!! It was awesome to see all those hands go up and vote YES. Just to update you, the building is basically in the dry now, and is paid for, about $600,000 worth. We voted yesterday to borrow up to $1.2 million to finish the project, because rates are great right now and we have already been approved by the bank for the $1.2 million. I know what you might be thinking, "that's a lot of money to borrow", and I would agree, but we have prayed HARD about this and we have a strategy to attack the debt aggressively and pay it off quickly. I love the fact that Marathon has never been about buildings, but about reaching people. There has always been a great understanding that The Garage is not the end, but a means to the end, which is to reach children, students, and families for the Kingdom. I' m sure I will be posting pictures of the progress soon, as we hope to see construction start back up by the first of March. It's gonna be AWESOME!!!
Keepin' it Real,
Bholda
Monday, February 4, 2008
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