Widgets Magazine
  • Crossings Church decides not to pursue First Christian purchase

    This morning, Crossings Church issued the following press release:

    Crossings Community Church Decides Not to Pursue First Christian Church Property at NW 36th & Walker
    Crossings leadership determines it best not to proceed following due diligence period, deliberation, and prayer

    Oklahoma City, Oklahoma – August 8, 2019 – Crossings Community Church has decided not to pursue the property near NW 36th and Walker following months of prayer, research, and inspection. Earlier this year, Crossings entered into a due diligence period to thoroughly explore the possibility of acquiring the First Christian Church location as a potential Crossings satellite campus.

    The official statement issued by Crossings Community Church this morning is as follows: “Today, Senior Pastor Marty Grubbs announced to the Crossings congregation the decision not to pursue the First Christian Church property at NW 36th & Walker.

    “In April, we came to an agreement to pursue the acquisition of the First Christian Church building and entered a due diligence period. This period was spent evaluating the feasibility of this opportunity to make it suitable for our purposes as a satellite campus. After months of prayer, research, and inspection, we have determined it best not to proceed.

    “Unfortunately, the overall cost was much higher than we anticipated. The total cost of this endeavor would exceed $20 million. It became far more than what our leadership and elders were willing to invest; particularly in light of our 60-year commitment not to incur any long-term debt.

    “Though this is not the outcome that we had hoped for, we are confident that we have diligently pursued and carefully considered all aspects of this opportunity. We are especially thankful for the great friendship we have developed with First Christian Church during this process, and pray for them as they move forward.”
Single Sign On provided by vBSSO