Two Important Items Concerning the Former School Buildings
Two things: I have an update concerning the School Building. And, as pastor, I’d like to make an important appeal that affects our future as a parish.
First, the update: An Agreement of Sale has been signed with a developer to purchase both the former St. Bridget School Buildings to develop into apartments, and the small parking lot on Stanton Street.
This sale is subject to structural and environmental review as well as zoning variances with the City of Philadelphia.
The zoning process is expected to take at least 6 months so it is projected that the final sale will not be completed until 2014.
When the sale is finalized St. Bridget’s debt to the Archdiocese of Philadelphia will be paid off and the net proceeds will be available to St. Bridget parish to provide a cash reserve for any major repairs and projects.
Secondly, I remind everyone that the parish is in debt nearly a ½ million dollars. This debt was accrued as the result of running of St.Bridget Parochial School.
As the constant news reports of the financial woes of the Philadelphia Public School District make abundantly clear, schools are very expensive to run.
At the same time, the Archbishop has repeatedly made it crystal clear that a parish community’s future is in jeopardy when it can not satisfy all of its financial obligations.
Therefore I urge all St. Bridget’s parishioners to support the sale of our school buildings. This will allow the parish to satisfy its debt, put the parish on more solid financial ground and secure its future.
At the same time, I strongly urge you not to be supporting – especially with money – any organization that represents itself as restoring the former St. Bridget’s School.
Doing so, you are inadvertently putting the parish’s future in jeopardy. Thank you.