Saturday, September 19, 2009
Sale Pending on Ocean Vista and Pears Cottage
Throughout the years whenever funds were low (which was, unfortunately, often), those properties that rung around the outside of the campus were often considered for sale. Houk House and Tillie Paul were sold just a few years back. With all ancillary properties on the market, it was only a matter of time before Ocean Vista and Pears Cottage found new owners. According to Davis Realty, both have sale pending. I've seen exterior work being done on Ocean Vista in recent weeks as well.
Subscribe to:
Post Comments (Atom)
3 comments:
It would be nice if some time this blog could address the millions, given to the SJC endowment for specific purposes, that were "borrowed." Isn't there some moral obligation of the board to - at the very least - acknowledge those gifts? And isn't there a legal obligation to at least account for the monies that did not achieve the purposes of the donors?
And . . . an apology would be nice.
Perhaps that question would be better directed to the Board? or the Church? btw, I do agree with your sentiments!
I agree with SitkaGreens. The board, past CFO’s, and past Presidents should all be asked what happened to the dedicated funds. Of course I know what happened to the funds, but it sure seems to me that someone should be held accountable. Or, at the very least explain why the funds were used for other than what they were donated for along with an apology for why there were not used for what the donor asked them to be used for.
Post a Comment