Date: Fri 17-May-1996
Date: Fri 17-May-1996
Publication: Bee
Author: KAAREN
Quick Words:
Congregational-Church-house
Full Text:
Vote Due On Future Of Congregational Church House
Members of the Newtown Congregational Church may vote Sunday on a proposal to
sell the church house property on Main Street as part of a long-term plan to
reduce debt and consolidate all activities on West Street.
Church members are scheduled to meet after Sunday service to discuss and vote
on an offer by the Newtown Savings Bank to purchase the property at 41 and
41-A Main Street for $550,000 and lease part of it back to the church. The
offer is contingent, however, on a plan by NSB to renovate the old parsonage
to use as office space for banking operations.
The 5.38-acre property includes the old parsonage, a 2«story Federal-style
wood-frame house built about 1815 and modernized later. Used as a parsonage
for nearly 200 years, it has been rented since the 1970s as a residential
property to various tenants.
The church house, in the middle of the property, is a wood-frame three-story
structure built in the colonial revival style in 1958. It houses the Newtown
Congregational Co-Op Nursery School and is used for a variety of church
activities. Behind the church house is a tiny house that originally was used
for the church ministry but now is rented to tenants.
In a letter sent to members of the congregation, Lester R. Burroughs, chairman
of the church's board of trustees and member of the strategic planning
committee, said the trustees, the committee and the Church Council all have
voted unanimously to recommend accepting the offer which was made by the bank
on April 8.
Under terms of the proposal, the church would lease the church house from the
bank for five years at a cost of $12,000 annually. The church also would have
an option to lease the building for another five years but the bank may
require some space in the building, Mr Burroughs said.
He said the trustees recommend using $300,000 of the proceeds from the sale to
pay down the current $900,000 mortgage on the church on West Street. The
$900,000 mortgage is a variable mortgage at 8.8 percent interest.
Mr Burroughs said NSB has offered a 10-year $600,000 fixed-rate mortgage at
7.5 percent "which will result in a savings of nearly $2,500 a month."
The trustees recommended that the remaining $250,000 from the sale should be
invested in a certificate of deposit. "NSB has offered us an insured five-year
CD paying 6.75 percent," Mr Burroughs said in the letter.
The long-term goal of the church is to consolidate all of its operations on
the 10.3-acre property on West Street where the new sanctuary was built eight
years ago. An artist's rendering done at that time shows a new church house
attached to the sanctuary.
The bank's offer gives the congregation 10 years in which to plan and build
the new church house on West Street while still using the Main Street
property.
"While we will be paying the bank $1,000 per month rent, they will allow us to
retain the income from all of the organizations that use the building," Mr
Burroughs said.
Preliminary plans are to build a new 8,000- to 12,000-square foot church house
immediately behind the sanctuary. The building would be connected by an
enclosed hallway to the lower floor of the sanctuary.
Mr Burroughs said the new church house could be built sometime in the next
seven to 10 years at an estimated cost of $700,000 to $900,000.
"At that time our sanctuary mortage would be nearly (or totally) paid off and
our CD investment will have grown to $400,000 plus," he said.
The congregation would have several options for raising the additional funds
needed to build the church house, he said.
"We could (ask) the congregation to support a new building fund pledge, to
purchase building fund bonds or, if absolutely necessary, obtain a new mortage
on the church house from the Newtown Savings Bank," he said.
If church members approve the plan at Sunday's annual meeting and the sale
takes place, a planning committee and a building committee will be appointed.
A major contingency, however, involves the NSB's plan to renovate the old
parsonage and use it as a banking institution. "I believe they will be able to
obtain the necessary approvals," Mr Burroughs said, explaining in the letter
that the bank planned to maintain the building's colonial character.
The Main Street property is zoned residential and would require a change of
zoning or a variance to use the old parsonage as office space. Requests to
change zoning of two properties on Main Street for professional or business
use failed in 1977 and 1985.
Two weeks ago a historic district was formed on Main Street in an attempt to
preserve the mostly residential character of the street. The Congregational
Church was among about three dozen property owners who opted not to be
included in the district.
