2.4 Watertown Cornerstone

Church: Watertown Cornerstone United Methodist Church Disaffiliation Process and Agreement Summary Sheet

Date Process Initiated Church Conference date June 19, 2022 September 20, 2022

Church Conference Vote Summary

Membership list approval Motion to Disaffiliate Yes: 185 Yes: 184 No: 0 No: 1

Disaffiliation Agreement Summary

12 months past apportionments: defined by Dakotas as current on apportionments from 2020-present 12 months additional apportionments: defined by Dakotas at 3% of operating income Pension Liability (calculated using Wespath’s formula) Buildings and Land holdings Other special circumstances $507,901.36

$35,143.15

$27,541.00 Church building, Discipleship Center, land $1.00 None Official Disaffiliation Date December 31, 2022 All agreements include official release from the trust clause, removal of UMC name and symbols, archiving UM records etc. Full agreement is available on the following pages for your review.

Workbook pages: Disaffiliation Agreement pages 27-32; Supporting Documents Pages 151-154

Resolution to ratify the disaffiliation agreement for Cornerstone United Methodist Church, Watertown, South Dakota

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WHEREAS Cornerstone United Methodist in Watertown, South Dakota, in the Northeast District of the Dakotas Conference, has been completed all the steps in the disaffiliation process as outlined by the Dakotas Annual Conference; and

WHEREAS this local church was prompt in providing documents and meeting deadlines throughout the disaffiliation process, demonstrating their resolute commitment to disaffiliate. As such, on September 20, 2022, a Church Conference was convened, and those professing members present voted (99%) to disaffiliate from the United Methodist Church.

THEREFORE, having met all the requirements in a timely manner, The Conference Board of Trustees hereby, prayerfully recommends the ratification of disaffiliation agreement for Cornerstone United Methodist Church in Watertown, South Dakota. We pray for God’s favor and blessings on this ministry as we part ways.

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