UCG sells Texas property

A reader sent me the following, along with comments, I have italicized:

Sale of Denton, Texas, Property Final
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It is with great pleasure that we announce to you the sale of the Denton, Texas, property that the Church has owned for some time.
The sale of the 81-acre property was finalized yesterday, February 10, 2015, to a Texas-based land speculation company. The Church purchased the property at the height of the real estate market in January 2008. While the land was sold at a loss from the amount paid at that time (before the decline in real estate prices), our agents, the Council and the Administration are satisfied that the amount received was fair market value and that it was not reasonable in the foreseeable future to expect a higher purchase price.
We thank God for His mercy in allowing this land to be sold. We seek His will about how the proceeds should be used in doing His Work.
Victor Kubik, President
Rick Shabi, Treasurer

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Note: The above matter was a catalyst for the split in the UCG in late 2010. Those who pushed for it the most abandoned UCG forming CogWa.

How do we process this considering the inspiration factor? Not only the depreciation loss, but all those taxes paid while awaiting sale.

I went to Inside the United Church of God Real Time site, but it did not have the announcement from its president and treasurer. But, that site is not always ‘real time.’ Anyway, the source that sent the email has been reliable in the past, so this appears to have come from the United Church of God (UCG).

4-5 years ago, many ministers left UCG and later formed a group called CogWa above, more formally named Church of God, a Worldwide Association (COGWA). The property in Texas was one of several factors that supposedly led to the split (the split seemed more personality than doctrinally related as far as I could tell).

Anyway, since I reported about the split while it was happening, I thought some may be interested in the reported resolution of the property matter.

Some items of possibly related interest may include:

Attending the Church of Choice This article discusses whose choice is important to worship God; should you attend the church of your choice or the church of God’s choice?
Unity: Which COG for You? Why so many groups? Why is there lack of unity in the Churches of God? Has it always been this way? What can/should be done about it? Here is a related article in the Spanish language: Unidad: ¿Cuál Iglesia de Dios para usted?
Differences between the Living Church of God and United Church of God This article provides quotes information from two of the largest groups which had their origins in WCG as well as commentary.
Concerns about Church of God, a Worldwide Association Known as COGWA, this is the largest group that came out of the United Church of God. Here is some history and concerns about it. UCG’s former president Clyde Kilough and UK CEO Peter Hawkins are part of it.
Concerns about Church of God, a Worldwide Association Known as COGWA, this seems to be the largest group that came out of the United Church of God. Here is some history and concerns about it. UCG’s former president Clyde Kilough and UK CEO Pater Hawkins are part of it.
Where is the True Christian Church Today? This free online pdf booklet answers that question and includes 18 proofs, clues, and signs to identify the true vs. false Christian church. Plus 7 proofs, clues, and signs to help identify Laodicean churches. A related sermon is also available: Where is the True Christian Church? Here is a link to the booklet in the Spanish language: ¿Dónde está la verdadera Iglesia cristiana de hoy?
Continuing History of the Church of God This pdf booklet is a historical overview of the true Church of God and some of its main opponents from c. 31 A.D. to 2014. A related sermon link would be Continuing History of the Church of God: c. 31 to c. 300 A.D. Marque aquí para ver el pdf folleto: Continuación de la Historia de la Iglesia de Dios.
Should the Church Still Try to Place its Top Priority on Proclaiming the Gospel or Did Herbert W. Armstrong Change that Priority for the Work? Some say the Church should mainly feed the flock now as that is what Herbert W. Armstrong reportedly said. Is that what he said? Is that what the Bible says? What did Paul and Herbert W. Armstrong expect from lower level leaders? A related sermon is available titled Priority of the Philadelphia Work.
The Final Phase of the Work What is the final phase of the work? Who will lead it? Do you have the courage to support it? Here is a related YouTube video titled The Final Phase of the Work. The written article has been translated into Spanish La Fase Final de la Obra.
Leading the Final Phase of the Work Matthew 24:14 teaches “And this gospel of the kingdom will be preached in all the world as a witness to all the nations, and then the end will come ” will be fulfilled and RCG is not the group doing this. Who is leading the final phase of the work? What did Herbert Armstrong and the old WCG teach about that and about prophets? Does Bob Thiel meet the criteria that the Bible and the old WCG set? What is the proof? What has the Continuing Church of God been doing? This is a sermonette length video.
What is the Gospel? True religion should be based upon the true gospel. What are some of the different gospels and where did they come from? Do you believe the true or a false gospel? Who is preaching the gospel? Here is a version in Korean 복음이란 무엇인가?
The Gospel of the Kingdom of God was the Emphasis of Jesus and the Early Church Did you know that? Do you even know what the gospel of the kingdom is all about? You can also see a YouTube video sermon The Gospel of the Kingdom.
The Philadelphia Church Era was predominant circa 1933 A.D. to 1986 A.D. The old Radio Church of God and old Worldwide Church of God, now the remnant of that era is basically the most faithful in the Church of God, like who hold to the beliefs and practices of the Continuing Church of God.
The Laodicean Church Era has been predominant circa 1986 A.D. to present. The Laodiceans are non-Philadelphians who mainly descended from the old WCG or its offshoots. They do not properly understand the work or biblical prophecies and will face the Great Tribulation if they do not repent.