| October 2,
2008 Vol. 1 - No. 6 |
 |
| Easter Isn't the Only Movable Feast The date for celebrating Easter is different every year. It is a movable feast. Generally Easter Day is the first Sunday after the full moon that occurs next after the vernal equinox. If you think that is confusing, just try to calculate the date for a dedication or grand opening for a new building. Even after a date is selected something like Hurricane Ike can come along to disrupt plans. Salem Lutheran Church in Tomball will not have their grand opening on October 12 as mentioned in the previous Extension Extra. A new date has not been set yet. Keep checking here or on Salem's website for the rescheduled date. |
Salem
Lutheran Church
Tomball, Texas Postpones Grand Opening of their Community Center |
| Your Investments Are At Work Construction financed by investments you make in CEF are underway at ten congregations right now. The list includes: Point of Grace Lutheran Church in Pflugerville St. John Lutheran Church in Mansfield Salem Lutheran Church in Tomball Faith Lutheran Church in Georgetown St. Mark Lutheran Church in Lake Jackson Trinity Lutheran Church in Weatherford Fishers of Men Lutheran Church in Sugar Land Our Redeemer Lutheran Church in Dallas Bethlehem Lutheran Church in Palestine Zion Lutheran Church in Vernon |
Ten
Congregations' Projects Funded by Texas CEF |
| St. John Lutheran Church in
Mansfield The almost finished fountain provides a reflection of the sanctuary with its steeple. |
 |
| Faith Lutheran Church in Georgetown The congregation is working together with Laborers for Christ (a national LCMS ministry) to build a new sanctuary. The crew is checking the placement of electrical conduits before they get "buried" in the cement of the slab. |
 |
| A
Message for Our Investors and Supporters Recent news has highlighted turmoil and uncertainty in the financial markets. The failure of banks, insurance companies and investment brokerages can cause concern about the safety of your investments. We believe that your investments in CEF are secure. We continue to maintain a strong capital base ($24 million as of September 15, 2008) and a healthy capital to assets ratio (16.4% as of September 15, 2008). CEF's liquid assets total $63 million giving us the ability to handle our commitments to congregations for loan funding and to honor withdrawal requests from investors who desire to have their funds returned to them. ISSUES YOU MAY HAVE HEARD ABOUT Please call us to discuss any questions you may have about your investments. You can review our audited January 15, 2008 financial statements that are included in our offering circular (available at www.TexasCEF.org). We appreciate your continued prayers and support. They help us accomplish our mission … Building God's Kingdom by boldly and responsibly assisting congregations to acquire land and buildings and linking investors with congregations. |
| Interested
In Seeing Previous Issues? Previous issues of Extension Extra and our "paper" newsletter, Chatter, are available on the web. Visit www.TexasCEF.org; click the CEF Reps tab; and then click Newsletters. |
| Don't
Want
Extension Extra? If you do not want to continue receiving Extension Extra you can unsubscribe by sending an email to EX2-Request@lists.txdistlcms.org. In the subject line of the email include the word "unsubscribe." You will receive a return email. Follow the directions given - click the reply and then the send buttons and you will be removed from the list. |
| The
information available through Extension Extra is neither an offer to
sell nor a request to buy any investments. This offer is made only in
the Offering Circular which is available by contacting TexasCEF at
1-800-951-3478 or by written request to TexasCEF, 7900 East Highway
290, Austin, Texas 78724 or at TexasCEF's website: www.TexasCEF.org. |
| 512.926.4272 800.951.3478 |
7900
East Highway 290 Austin, Texas 78724-2499 |
www.TexasCEF.org Invest@TexasCEF.org |