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Announce |Editorial
Capital
Fund in Action
By Warren Lee
With
summer fast approaching, many parishioners at Sts.
Peter & Paul are looking forward to attending
Mass in an air-conditioned church. A new furnace/air-conditioner
will replace the old unit, which is at end of its
service life, providing cooling for the warm weather.
The contract for the job has been awarded, and work
is expected to begin soon after Easter. According
to Father Tad, the price of the new heating/cooling
unit is close to $90,000. This amount includes an
upgraded electrical transformer needed to bear the
increased load. Unfortunately, the transformer has
to be situated in the storage room at the Southeast
corner of the parish hall, further reducing the
useable space there.
The
cost of this major upgrade is to be covered by the
Capital Repair and Replacement Fund. Renewal of
the central heating system was one of the principal
reasons for the creation of the Fund three years
ago. Thanks to the generosity of many in our community,
we have been able to raise nearly $180,000 since
its inception. Most of that will be depleted by
the furnace replacement.
Over
the past three years, the fund has supported a number
of other essential maintenance projects including
repairs to the sidewalks, the rectory basement,
the church pews and various plumbing and electrical
problems. In addition, upgrades to office equipment
and audio-visual equipment were required. Together,
these projects cost $87,820.
Father
Tad sees the need to replenish the fund on an on-going
basis. “We may have to continue the Fund indefinitely,”
stated the Pastor in an April 3rd interview. “It’s
a good idea to have a reserve to deal with future
maintenance needs.”
The
Parish’s finances are in good shape generally,
with mortgages on the church and rectory at expected
levels. Continued support from the parish community
is essential to maintaining a healthy balance between
expenses and income, so please give generously to
the hard-working Capital Repair and Replacement
Fund.
