President’s Perspectives

 

Here it is—the last of 36 monthly messages to Tapestry from me as your President of the Board of Trustees.  Three years have flown by, and it is time to hand off the reins of leadership.  I am grateful to have served with many of you in growing Tapestry into the thriving, vibrant spiritual community it is today.  I am confident that the incoming Board, our strong committees, and volunteer network will sustain and build on our strong foundation.  During my time as President, I have been most pleased to see our membership numbers break previous records, our professional and creative staff serve us so well, and the growth of our many social action initiatives.  Our new partnership with the Unitarian Universalist Fellowship of Laguna Beach to stream interactive Sunday services has been a fruitful collaboration for both congregations and launched us into the digital age in a big way.  My primary focus in these three years has been to ensure Tapestry’s financial future and provide the physical infrastructure so that our good works can continue in the decades ahead.

 

I am happy to report that we have been making steady progress toward our building purchase for a permanent home for Tapestry. In the last two months:

  • We signed a purchase agreement with the seller.
  • We opened escrow and deposited funds to start the process of due diligence.
  • Tapestry’s own Paul Sneddon conducted a building inspection which turned up no surprises in a 36-year-old building.
  • We hired an appraiser to determine the building’s value.
  • We have tentative commitments from 17 Tapestrians to fund our $1.2 million mortgage.
  • Tapestry’s own Jon Eckhardt has drafted documents for a Tapestry Investors Limited Liability Company (LLC), Secured Promissory Note, and Deed of Trust, being reviewed now.
  • We signed an agreement with the architecture firm Phoenix Planning and Construction to draft plans and work with the City of Lake Forest for occupancy approval.
  • Eddie Moler, VP Finance, has been working with the Finance Committee on a 2017-2018 budget.
  • Lynn Cowan, President, Eddie Moler, VP Finance, and Julia Rampone, incoming President are reviewing the one-time and move-in budget.
  • Lynn Cowan and Jon Eckhardt have drafted a building schedule through move-in and beyond.

 

By the time of Tapestry’s Annual Membership meeting after the service on Sunday, June 11, we should know if we have what it takes to follow through on this purchase. Previously, the congregation approved the Board to move forward with the purchase of a building.  At the June Annual Meeting, the Board will be asking the congregation to vote on the purchase of a specific building and by-laws changes that will provide the governance structure for managing our own building.  Look for the agenda coming out soon and plan to attend to be part of this historic vote.

 

It’s been an honor and a privilege to serve Tapestry as President these last three years and I look forward to continued involvement in the years to come.

Lynn

 

 

 

 

 

 

 

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