Baptist & Reflector

Telling the Story of Tennessee Baptists Since 1835

  • Home
  • Tennessee
  • SBC
  • Columnists
  • SS Lessons
  • Tennescene
  • Radio B&R

IT’S DONE! TBMB PAYS OFF DEBT FROM 1999

January 22, 2019

Baptist and Reflector

FRANKLIN — Jan. 10 proved to be a “red-letter day” in the life of the Tennessee Baptist Mission Board.

The TBMB paid off the remaining balance of an $8 million loan that originated in 1999 to begin construction of Carson Springs Baptist Conference Center in Newport and Linden Valley Baptist Conference Center in Linden.

“God’s favor has been upon us over the last few years,” observed Randy C. Davis, president and executive director of the TBMB.

The two conference centers were constructed at a cost of $12 million, according to William Maxwell, administrative director of the TBMB.

During the duration of the loan, the convention also has constructed the 32,000-square-foot Church Support Center, the 600-seat multi-purpose chapel at Linden, renovated Stokeley Chapel at Carson Springs, and built a 33,000 square-foot Missions Mobilization Center in Mount Juliet — all without incurring any new debt.

At the same time, Davis added, Baptist Collegiate Ministry buildings across the state have received much needed maintenance and updating that had been deferred for years at a cost of well over $1.5 million.

Davis expressed gratitude to his predecessor James Porch and to Maxwell for their leadership in securing funding for the conference centers and for “an extremely good job of stewardship in the management of mission dollars” from Tennessee Baptist Convention churches. “We are now able to celebrate this debt-free moment,” Davis said.

Maxwell noted that “paying off the debt will allow us to continue development of both of these properties.”

Davis said the debt-free status “allows us greater flexibility in allocating resources to the objectives of reaching the people of Tennessee with the gospel.”

The TBMB leader is excited about the future. “I believe the Lord is positioning us for some very exciting and fruitful days ahead,” he said.

Facebooktwittermail

Filed Under: News, Tennessee

Subscribe Classifieds Advertise About

Popular Posts

Recent Posts

  • LIVING A BLESSED LIFE
  • BAPTIST MEMORIAL HEALTH CARE REPORTS GROWTH
  • TBMB DIRECTORS APPROVE NEW COLLABORATIVE MINISTRY MODEL
  • MAY 25: BE ENCOURAGED
  • MAY 25: GOD’S HAND IN FACING OPPOSITION

Address

4017 Rural Plains Circle
Franklin, TN 37064

Contact Information

Mail: Baptist & Reflector, P.O. Box 682789, Franklin, TN 37068
Physical Address: 4017 Rural Plains Circle, Franklin, TN 37064
Email: bandr@tnbaptist.org
Phone: 615-371-2003

2025 © The Baptist and Reflector. All Right Reserved.

Copyright © 2025 · Metro Pro Theme on Genesis Framework · WordPress · Log in