Quarterly Business Meeting
April 27 at Noon

• Discussion about the Sanctuary Renovation project and funding

• Revision of the Addendum to the Financial Policy for Estate Planning and Woodland Church Legacy Fund (information only - this will not be voted upon until the next meeting on May 4)

• Motions from Church Council to be discussed: 

  • The Church Council unanimously recommends Woodland Church approve the amended renovation project at $3.8 million and move forward with the renovation.

  • The Church Council unanimously recommends Woodland Church approve a capital campaign with a goal of $1 million to cash flow the renovation project and to provide seed capital future projects. 

• Finance update 

• Approve Committee assignment

What's the deal with the Legacy Fund Policy?

On April 27, we will have the opportunity to review the revision of an addendum to the financial policy regarding our Legacy Fund. The policy revision enables the church to use the Legacy Fund for big projects like the renovation. The money in the Legacy Fund was an estate gift that was not originally given to be an endowment-- it was given for projects like this renovation we are planning.

We tried to revise this policy two years ago, but we lacked the resolve and purpose to complete the process. Now we have a purpose. The time has come. The purpose of the gift is clear, and we have the need to use it that fits clearly the reason the original gift was given.

This policy must be changed in accordance with the stipulations for policy changes in our Bylaws. A revision must be brought to a business meeting and then voted on at the next business meeting (whether it is a Quarterly business meeting or one called for that purpose). Our quarterly business meeting will be on April 27 after worship. We will have a special meeting on May 4 to vote on this policy addendum and the renovation. 

REVISION OF LEGACY FUND