Friday, August 12, 2011

What interest will St. James pay on a DIAL loan? 6.5%?

Mr. Paladino asked:  “What is the interest rate/payment on the loan for a new St. James Church”?  Father Geary chose not to answer the question.  (See the the 8-5-2011 Letter to the Editor of the Boone County Journal by clicking on :  http://boonecountycatholics.blogspot.com/2011/08/bcj-letter-to-editor-concerning-st.html

Below is the interest rate St. Patrick’s of Rockford is currently paying on its debt.  Father Geary was the pastor of St. Patrick’s from 2002-2008

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Above taken from:  http://content.seekandfind.com/bulletins/01/0749/20110807B.pdf

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