Unitarian Congregation of Norfolk

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Flood Options
Finances
Fiduciary Duty
Caveat Emptor

1% Makes a difference

Protect the museum,
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protect the church? Click pictures.

2003: Isabel surged 8.5 feet.
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Click to Floods.

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2020: How high, how often?

13 Options 
Additions invited
For
Suggestions invited.
Against
Suggestions invited.
1.  Do Nothing:  Pray To Stay

Tradition.  Convenience.  Service to Norfolk.
Uncertain flood-prediction:  One foot tidal rise/50 years.  City to protect Chrysler Museum?

Possible rising cost of insurance, and later loss of insurance with eventual loss of ~ $800, 000, the church's
property value. 

2.  Remodel:  Pay To Stay
Tradition.  Location.
Uncertain flood-prediction.

Property value may vanish.  Will a bank give a mortgage?  Will the city allow expansion?

3.  Remodel By Sharing
   

Ecumenical.  Synagogue.  Church.  Mosque.  University.  Medical School. Service to community.

Politically difficult.  We would not have the full benefit of more space.

4.  Remodel By Renting

Generate revenue for work of the church

Church would become commercial property part of the time.  Liability would require further insurance?

5.  Remodel, Rent For
     Revenue, Move
     

Generate revenue for work of the church

This option might produce revenue while incurring the costs of management and liability.

6.  Sell
       Move
 

Preserve capital for work of the church
nearby.  High ground may be available. 

Loss of association with Norfolk.

7.  Sell
       JoiNewport News +
       Williamsburg

Simplicity.

Isolation from Norfolk.  Cost of travel.  Isolation from Newport News and Williamsburg.

8.  Share Ministers
     Temporarily After
      2012.

Save Salaries To Repair, Remodel, Relocate, Build Endowment

Loss of Leadership
Loss of Membership
Unspent Endowment Is Irrelevant In The Presence of Flooding

9.  Spend the endowment.

This is a crisis.  We must use what resources we have, even if further debt mus be incurred.

Violation of trust of promise to donors that money will not be spent until endowment reaches $250,000--our Congregational promise will have as much credence as a Congressional promise...

10.  Withhold UUA dues 
       ($13,045) until crisis
       is over

Both our ministers are lawyers.  We have far more relevant legal and administrative talent than UUA Boston, and we are out of money:  We cannot afford even indirect, routine administrative donations to UUA at this time unless the Congregation votes for this choice.  Administration at a distance does not--and cannot--address the flooding we face.  Boston is not flooding yet; we are.

UUA is priceless.

11. Withhold Thomas
      Jefferson District
      dues ($4, 893) until 
      crisis is over.

Membership in UUA and TJD is a luxury we cannot afford in the face of this crisis.  When we have more money, then we can afford to pay distant administrators.  This money should be spent to help this church and the people of Norfolk.

TJD is priceless.

12.  Borrow to buy a nearby
       building.

We need space; the building code may restrict our freedom to remodel the church.

The bank may not offer the mortgage.

Options:
Additions invited

Reasons For:
Suggestions invited.

 
Reasons Against:
Suggestions invited.

13.  Seed A New Church Nearby
Avoid crowding of UCN.

Uncertain cost, logistics, and location.  UCN's finances may not support such expansion.

Suggestions invited

Suggestions invited

Suggestions invited

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Virginia Hurricane History

The Chrysler Museum
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Click to enlarge.

Beneath The Sanctuary.
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Click to enlarge.

Sea of Ghent
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Click to enlarge.

"HANDS THAT SERVE ARE MORE SACRED THAN LIPS THAT PRAY."  Mother Teresa