Meadgate Church has been renting the Orchards since 2014.  We now have the opportunity to purchase the Orchards from Essex County Council (ECC) for £650,000.  In addition, we will then need to spend an estimated £150,000 to undertake essential maintenance works.  If we do not manage to purchase the Orchards, then we will have to hand the building back to ECC.

 

The immediate need is to raise the £650,000 required to purchase the Orchards, and this has to be in place by September 2018.

 

At the AGM on the 29th April 2018, the Church voted unanimously to proceed with the purchase, and at the PCC held on the 18th May, it was agreed to hold a Pledge Day on Sunday 24th June.

 

On the Pledge Day itself, an amazing £241,055 was pledged by way of one-off gifts, and £1,605 per month by way of increased monthly giving (both figures including Gift Aid).  Further pledges have been coming in since the Pledge Day and we are still open for more pledges.

 

So where does this leave us?  We have held discussions with both the banks and the Diocese to secure the loans.  The Diocese have agreed to a loan, and we are hopefully close to securing a loan from the bank.  We have agreed Heads of Terms with ECC.  Once the Heads of Terms has been issued, we will hold a PCC meeting followed by a whole-Church meeting seeking approval to proceed, and will then hopefully finalise the purchase.

 

If you are not a member of the Church, but would like to contribute to this project, please get in touch in the first place with Tim Ball.  We would welcome gifts, low-interest or no-interest loans, or legacies.

 

Rev Canon Tim Ball, Vicar Of Meadgate Church, says: "This purchase project is an exciting challenge for us all. We have a great opportunity before us and we are praying that by God's grace we will see our hopes and dreams fulfilled. It will establish our seven day a week ministry on a firm foundation."