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In this time of international disasters and economic downturn I continue to wonder how the church can continue to buy and buy. Every couple of days the Deseret News comments on another purchase. Guess we don't need to worry about the financial health of the church.
I don't know the church'e reasoning but if there is ever a time to buy property, now is the time to do it.
Do you give every penny you make to the poor, needy, or grief stricken? No you don't and most people don't. The church helps by giving more than we can ever fathom to give. But it also, like we, has to plan for the future growth and development. And because the church is smart with the funds it receives, it is obviously able to buy real estate at a discount. I hate to break to sad news to you all but the only entity worried about preserving downtown Salt Lake is the church. Instead of whinning about how the church is "continuing to buy and buy", maybe you should look into your own finances and ask why you are envious of those who have the means to both help and invest at the same time.
The Church of JESUS CHRIST of Latter Day Saints does not do things haphazardly so I trust that it was a good buy for a good reason. And we may soon hear the exciting reason for the purchase nothing is kept secret, Sacred yes but, not secret.
"The KJZZ studio was built about 25 years ago by the Skaggs Family. Miller stressed that despite its age, the building remains a high-quality facility for broadcasting."
WOW! 25 Years old! Yet, it "remains a high-quality facility"?
I think the idea that the age of a facility that is ONLY 25 years old would be a matter of comment tells you not only something about the age of the commentator, but his life experience as well.
I think Mr. Miller should spend some time in other countries where the age of buildings, of very high-quality, is often measured in centuries.
When I was just out of High School, I was reading a church book, my mother said to me that I needed to read other things besides church books. I still to this day like reading church related books, and my daughter now comments on my lack of depth. The Church is so well rounded, they do a lot of productions and having a place like this would serve a great purpose. And oh, did the first commenter know, they send aide to all the people affected by disasters, and my guess would be, they put more money in that then they do in real estate.
The purchase of the KJZZ Studio by the LDS Church is a brilliant, cost-effective means for the church to expand it's production capabilities at a fraction of the cost of building a new broadcast facility. The Skaggs Studios, or STS as the facility was once known, was considered one of the premiere production and post-produciton facilities in the country.
Sadly, the KJZZ management team of Randy Rigby and Chris Baum lacked the forsight and creativity to utilize the studio's potential and the building detieriated into a state of malfuction and disrepair. Once all the garbage is cleaned out and the church completes the restoration, the new studio will provide the church with an incredible, expansive facility to produce the type of quality productions the world has become accustomed to. I applaud the purchase of the old KJZZ Studio by the Church and look forward to seeing this once maginficient facility return to it's glory days of yesteryear.
What does reading church books have to do with the church buying property? Not critical, just wondering. If the church's investments ever went public (Ha!), I'd be the first to invest . They plan well for the here and now as well as the future. They make every attempt to "teach a man to fish" rather than just handing out money. It's a blessing to be able to individually and confidently "invest" our funds in being prepared for present and future problems. Who know, the very "mites" we each send to the Humanitarian Center may someday need to come back to us.
I was surprised to see anyone had commented on such a mundane story. Of course the first post was critical of how the church is spending its money. You are right, we DON'T have to worry about the financial well being of the church because the people who handle the finances are trustworthy, smart, and forward-thinking. Can we say the same thing about the politicians running the government? If you want to be concerned about something financial, spend your energy there.
I think the correllation between church books and prperties is that of diversification. The church has lots of "for profit" businesses that allow them to continue to build church buildings and other types of things that serve the members and even the non'members. Case in point is the church donates millions of dollars worth of goods and medical supplies and food to Haiti and every other disaster that comes along. There has to be a source or sources for those funds to come from and its not just from tithing etc. donations.
Actually, the building was built in 1981, so it is almost 30 years old. That may seem like a short time for a building, but there are two reasons that 30 years would be considered a long time.
First, buildings like this one are not designed to last for centuries. Ask any architect. If you're building a cathedral or a temple, you may build it to last for 300 years, but not a TV studio.
Secondly, the television industry has made so many technological advances in the last 30 years that a building built in 1981 could be considered obsolete by now, not because of how it looks on the outside or how structurally stable it is, but its compatibility with or adaptability to changes in technology. When Mr. Miller talks about "the facility" he's not just talking about the building, he's talking about how well it can continue to do what it was designed to do.
I spent probably the best six years of my working life in that building. I'm glad to know it will continue to be what it was designed to be.
I don't know anything about the building, nor do I recall even seeing it.
30 Years ago was before all of us had PC's on their sesk and many buildings built before that time were not designed to carry the dispersed electrical loads like newly constructed buildings ..... I would imagine there might be other things that would make a building considered "aged" in 30 years.
I can remember when the downtown public service building and of course they are replacing that.
Sounds like it will only be a Warehouse since it is so close to the airport.
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