{"id":3246,"date":"2012-05-22T16:46:00","date_gmt":"2012-05-22T20:46:00","guid":{"rendered":"http:\/\/blogs.faithlafayette.org\/church\/?p=3246"},"modified":"2014-07-21T10:13:10","modified_gmt":"2014-07-21T14:13:10","slug":"should-faith-west-be-funded-with-tax-exempt-bonds","status":"publish","type":"post","link":"https:\/\/blogs.faithlafayette.org\/church\/should-faith-west-be-funded-with-tax-exempt-bonds\/","title":{"rendered":"Should Faith West Be Funded with Tax Exempt Bonds?"},"content":{"rendered":"<p>There has been some good conversation in the public square regarding Faith West and the type of financing that is being pursued to build it.\u00a0 Tax exempt bond financing is a mechanism that is not used very frequently in our town, but is used all over the country for projects similar to&#8211;and much larger than&#8211;ours.<\/p>\n<p>Some facts regarding tax exempt bonds:<\/p>\n<ul>\n<li>They are open to all 501(c)3 organizations.<\/li>\n<li>They do not affect the credit rating of West Lafayette or any other city.<\/li>\n<li>The City of West Lafayette is in no way responsible for repayment of the money; Faith Church is.<\/li>\n<li>The city simply serves as a conduit for approval of these bonds; nothing more.<\/li>\n<\/ul>\n<p>Below is a video that our team put together to help explain some of the common questions that have been circulating and some answers to those questions.<\/p>\n<p><iframe loading=\"lazy\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/YY0JPw9li18?feature=oembed\" frameborder=\"0\" allowfullscreen><\/iframe><\/p>\n<p>We&#8217;ve also included the following documents that may help you understand the project and some of the issues:<\/p>\n<ul>\n<li><strong><a href=\"https:\/\/faith-blog-assets.s3.amazonaws.com\/wp-content\/uploads\/sites\/13\/20170523133636\/FaithWestFundingFAQ.pdf\">Frequently Asked Questions<\/a><\/strong>: Questions that have been asked about this project and the TE Bond process in general.<\/li>\n<li><strong><a href=\"https:\/\/faith-blog-assets.s3.amazonaws.com\/wp-content\/uploads\/sites\/13\/20170523133635\/FaithWest-Ice-Miller-Legal-Memo-re-Establishment-Clause.pdf\">Legal opinion from our attorney<\/a>:<\/strong>\u00a0 Here they address one of the concerns that has been raised regarding Church and State.<\/li>\n<li><strong><a href=\"https:\/\/faith-blog-assets.s3.amazonaws.com\/wp-content\/uploads\/sites\/13\/20170523133635\/FaithWest-List-of-Recent-Faith-Based-Bond-Deals-by-Ice-Miller.pdf\">TE Bond funded religious projects<\/a><\/strong>: Another document from Ice-Miller which lists some recent projects they have worked on that received a TE Bond and has a strong religious connection.<\/li>\n<li><strong><a href=\"https:\/\/faith-blog-assets.s3.amazonaws.com\/wp-content\/uploads\/sites\/13\/20170523133636\/FaithWest-Comparables-to-Faith-West.pdf\">Faith West comparables<\/a><\/strong>: Compares Faith West to other projects around the nation that have received TE Bonds and has many similarities to Faith West.<\/li>\n<li><strong><a href=\"https:\/\/faith-blog-assets.s3.amazonaws.com\/wp-content\/uploads\/sites\/13\/20170523133635\/FaithWest-WhyShouldWeViars.pdf\">Letter to the EDC<\/a><\/strong>: A letter that Pastor Viars sent to the members of the Economic Development Commission.<\/li>\n<li><strong><a href=\"https:\/\/faith-blog-assets.s3.amazonaws.com\/wp-content\/uploads\/sites\/13\/20170523133635\/Faith-Response-to-Freedom-From-Religion-052112-Memo.pdf\">Response to Freedom from Religion Brief<\/a><\/strong>: Answers objections recently raised by FRF Foundation from Madison, W, an organization which seeks in part to \u201ceducate on non-theism.\u201d<\/li>\n<\/ul>\n<p>If you have any further questions after watching the video, please contact Josh Greiner at <a href=\"mailto:jgreiner@faithlafayette.org\">jgreiner@faithlafayette.org<\/a> or call him at the church at 765-448-1986.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There has been some good conversation in the public square regarding Faith West and the type of financing that is being pursued to build it.\u00a0 Tax exempt bond financing is a mechanism that is not used very frequently in our town, but is used all over the country for projects similar to&#8211;and much larger than&#8211;ours&#8230;. <a class=\"read-more\" href=\"https:\/\/blogs.faithlafayette.org\/church\/should-faith-west-be-funded-with-tax-exempt-bonds\/\">read more<\/a><\/p>\n","protected":false},"author":15,"featured_media":3255,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[94,4237,95],"tags":[266,4497,4348,10019],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.14 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Should Faith West Be Funded with Tax Exempt Bonds? - Faith Church Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blogs.faithlafayette.org\/church\/should-faith-west-be-funded-with-tax-exempt-bonds\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Should Faith West Be Funded with Tax Exempt Bonds? - Faith Church Blog\" \/>\n<meta property=\"og:description\" content=\"There has been some good conversation in the public square regarding Faith West and the type of financing that is being pursued to build it.\u00a0 Tax exempt bond financing is a mechanism that is not used very frequently in our town, but is used all over the country for projects similar to&#8211;and much larger than&#8211;ours.... read more\" \/>\n<meta property=\"og:url\" content=\"https:\/\/blogs.faithlafayette.org\/church\/should-faith-west-be-funded-with-tax-exempt-bonds\/\" \/>\n<meta property=\"og:site_name\" content=\"Faith Church Blog\" \/>\n<meta property=\"article:published_time\" content=\"-0001-11-30T00:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2014-07-21T14:13:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/faith-blog-assets.s3.amazonaws.com\/wp-content\/uploads\/sites\/13\/20170523133635\/Faith-West-Tax-Exempt-Bond-Funding-Title.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Steve Viars\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Steve Viars\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/blogs.faithlafayette.org\/church\/should-faith-west-be-funded-with-tax-exempt-bonds\/\",\"url\":\"https:\/\/blogs.faithlafayette.org\/church\/should-faith-west-be-funded-with-tax-exempt-bonds\/\",\"name\":\"Should Faith West Be Funded with Tax Exempt Bonds? 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