Outstanding Loans to Episcopal Church in Navajoland
Resolution text
Resolved, That Executive Council, hereby agree to the following terms in order to conclude all outstanding principal ($200,000) and accrued interest ($33,614.38) on all loans extended by The Domestic and Foreign Missionary Society to the Episcopal Church in Navajoland through December 31, 2018:
The Episcopal Church in Navajoland shall pay the sum of $100.00 (One Hundred Dollars) as payment in full to The Domestic and Foreign Missionary Society through deduction from its next monthly block grant payment.
The Church in Navajoland shall pay its full assessment to The Episcopal Church beginning in calendar year 2019.