Reformed Presbyterian Minutes of Synod 1993

REFORMED PRESBYTERIAN CHURCH 123Recommendations1. That Bmce C. Stewart be heard for 10 minutes in behalf of the Seminary.2. That Synod proceed to elect Wayne R. Spear as Professor of SystematicTheology and Homiletics for a seven-year term to begin June 1,1994.3. That Synod proceed to elect Duncan Lowe as Professor of OldTestament Studies for a seven-year term to begin June 1, 1994.4. That Synod proceed to elect James Pennington as Professor of Missionsfor a two-year term to begin on June 1, 1993.5. That Synod elect two members to the Class of 1999 of the Board ofTmstees. Richard Weir, Paul Kilpatrick, and Russ Pulliam are nominated.6. That Synod grant $90,000 to the Seminary in 1994 from the RP Missionsand Ministry Fund.7. That Synod grant $89,912.00 in undesignated funds to offset the deficitin 1993.8. That Synod set aside two hours as a Committee of the Whole to discusspossibilities for the future of the Seminary, with the attached ProgressReport providing a framework; this discussion to be undertaken withthe assurance that a specific recommendation, if indicated, would bemade no sooner than June 1994.Respectfully submitted,Robert M. Copeland, secretaryAPPENDK TO THE REPORT OF THE SEMINARY BOARD:PROGRESS REPORT ON FUTURES PLANNINGIt is clear that past policy in the financial operation of the Seminarmust change. The alternatives which the Board has considered are: (1) tomaintain the Seminary, improve its fiscal position and gain accreditation,(2) to reduce the Seminary to some type of Theological Hall, and (3) todevelop an arrangement with Geneva College. The Board believes that No.(1) is the most desirable option. Before developing a detailed plan for analternative future, the Board asks the considered and prayerful advice ofthe Synod with regard to broad directions. The following sections arecondensations of the work of the past year: the first was prepared by acommittee of this Board and the second by a Joint Committee of tmsteesof the RPTS and Geneva College.