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Floyd County

January 25, 2013

Private funding moving forward for Town Clock Church

Nonprofit board to be established to oversee efforts



City Councilman Bob Caesar stressed last week that leadership needed to be established for the project, though he voted in favor of the appropriation and said the restoration is warranted. 

“This is truly one of the buildings that needs to be on the National Historic Register,” he said. 

The city’s $75,000 appropriation will come from Economic Development Income Tax funds, and will not be released until the money is matched by other donations to the effort. 

Finn said fundraising for the project will focus on three areas: Immediate cash to restore the steeple and the rest of the building, ongoing fundraising for maintenance and long-term endowment contributions. 

The New Albany Urban Enterprise Zone Association was chosen to hold the city’s $75,000 contribution in a tax-exempt fund until matching contributions are raised. 

Finn said the city’s money will likely never be transferred to the Friends of the Town Clock Church account, but that the UEZ will be sent construction bills once the work ensues and the terms of the agreement are met. 

Though very much in its infancy stage, Finn said the first phase of work has already begun at the church, as congregation members have started cleaning the clock tower area.

The board of directors should begin meeting within the coming weeks, and there will likely be a gathering in the spring for those that have joined Friends of the Town Clock Church. 

While the board hasn’t been formed, Finn said the sentiment among the volunteers working on the project is that someone in a leadership role at Second Baptist Church should be on the body. 

“We want to make sure there’s good communication between the church and this group,” he said. 

Membership contribution levels will be determined, as Finn said there will be categories for individuals, families and larger donations. 

For more information, contact Finn at 812-945-4332.


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