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DANCE PREREGISTRATION
FORM
Captial Campaign News
June 2026
Exciting news! This is the first issue of the Saint Katherine Capital Campaign newsletter. Our aim is to keep the parish informed of the progress of our Capital Campaign, its' goals, and the attainment of those goals. The Campaign is not just a building fund, but a program to fund the Master Planning of our community as we embark on the next 50 years. Most immediate is the acquisition of the Temple Beth Shalom property. In the months and years to follow, our revised Master Plan will include remodeling and/or expansion of our church, refurbishment/remodeling of our community hall, completion of our gyro booth, replacement and redesign of our pavilion, generally beautifying of our campus and of course, the ongoing maintenance of our facilities.
Most of you know that on May 18th, 2026, we signed an agreement to purchase the Temple Beth Shalom property for $2.45 million. The property is 3.05 acres in size and includes the facility located on that parcel. The timeline for closing from May 18" is as follows: 1. We had 30 days to receive approval from the General Assembly and the Metropolis. On May 31, a Special Assembly approved the purchase for the 4' time and the Metropolis approved the purchase. 2. We have 75 days to secure financing. We already have offers from several banks and are confident that we will obtain financing. We have 120 days to do due diligence (inspections).
The Executive Committee has appointed a team of volunteers to see that this gets done in the allotted time. Closing the deal will be scheduled when all these mileposts have been attained. Once we close, the Temple will have a one-year lease back, free of rent, while they complete their transition to their new facility. At the end of that year, if necessary, TBS can extend their lease at a cost of $6,000/month (covering ourmortgage). If it is necessary to extend into a third year, the rent will increase to $9,000/month. During the time TBS is still in the facility, they will be responsible for all insurance, maintenance, repairs and utilities.
The Executive Committee has emphasized that the property value alone was worth the purchase price without regard to the value of the temple building, and they were able to negotiate this price by giving the TBS community both the time and financial leeway to make their transition. Expanding the size of our campus to 8 acres protects the future of the festival and gives our community tremendous flexibility in planning the remodeling and expansion of the church. It also gives Saint Katherine community time to revise Master Plans and organize the eventual physical possession of the property.
While the Capital Campaign is just getting started, Parish Council President Mike Hawkins began the effort September 2025 and has raised $1.5 million in pledges and donations. Additionally, the plan is to finance about 50 percent of the purchase price and put 50 percent down. The first goal of the Capital Campaign is to have the mortgage paid in three years.
We encourage each of you to share in the joy and excitement as we take these first steps embarking on the next 50 years of our community.
Worship Schedule
Sundays:
- Orthros (Matins): 8:40am
- Divine Liturgy: 10:00am
See below for weekday services.