Updated: It is a done deal. The members of First Baptist of Santa Ana voted today 42-17 to sell their church to Newsong Church. The Board of Directors of First Baptist will now work out the details with Newsong’s Board of Directors. The deal will total $4 million dollars with $100,000 to be paid up front and the balance to be in the form of a Promissory Note.
According to FBCSA Director Sandy Nalle, First Baptist had perhaps six months to go before becoming insolvent. This deal will ensure that First Baptist will remain a church. Continue reading
