The Leadership Council is pleased to announce that we closed on the sale of the Shady Oaks property. Proceeds after commissions and closing costs were $1.681 million, so the church received a gain of just under $1 million over the original purchase price.
The Leadership Council and Property Team are excited to focus their attention on plans for our new facility. A site survey of the YMCA property has been completed and the Property Team has conducted a pre-development meeting with the Town of Flower Mound. The Property Team will be meeting twice per month to continue their work on creating a preliminary site plan and developing legal agreements with YMCA representatives.
We are thankful for God's provision for Church of the Resurrection and we look forward to sharing future updates as we continue to work through the development and planning process.