By KEN CAMP / MANAGING EDITOR THE BAPTIST STANDARD
GLORIETA, N.M.—Leaseholders of property at Glorieta Conference Center received a letter outlining new options from Glorieta 2.0, the Christian camping group buying the center from LifeWay Christian Resources.
Unlike a June 25 letter that raised concern among many leaseholders, the new offer allows permanent residents to remain at Glorieta as long as they desire and are physically able to live there, and it increases the maximum amount of a one-time buyout from $40,000 to $100,000.
Owners, leaseholders meet
Leaseholders disturbed by the original set of options met more than three-and-a-half hours July 9 with Anthony Scott, executive director and chief executive officer of Glorieta 2.0; Houston homebuilder David Weekley, chair of the Glorieta 2.0 board; and Jerry Rhyne, chief financial officer of LifeWay.
In a July 12 letter to leaseholders, representatives of Glorieta 2.0 wrote: “After our meeting, we talked and prayed with our team and then discussed with our board. As you asked, we have worked diligently to come up with better options. We are trying hard to balance all the competing demands for ministry dollars currently available. We want to be at Glorieta, and we heard from you that you want us there. So we are trying to go the extra mile to make this work.”
For more click here https://www.baptiststandard.com/news/baptist/15359-glorieta-s-new-owners-expand-options-for-leaseholders
