Via VirtueOnline:
Press Release
Contact: Kelly Oliver
June 3, 2009
St. George's Anglican Church issued the following statement in response to the settlement agreement reached with the Diocese of Colorado:
"We are pleased with the settlement, particularly since it relieved our staff and vestry members of the burden and expense of defending against $5 million in unjustified claims brought against them personally by the Diocese of Colorado and The Episcopal Church.
"The settlement reached also means that all the costs associated with maintaining the property of Grace Church and St. Stephens, including payment of the $2,500,000 mortgage, belong to the Episcopal congregation and the Diocese of Colorado.
"Our only remaining obligation is to pay final operational expenses we had incurred during our possession of the property, but were unauthorized to pay until this settled agreement was reached.
"We look forward to fulfilling God's call to us for mission and ministry."
END
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