Church in the Now's properties on Iris Drive in Conyers are going into foreclosure, according to a March 10 listing.
The nondenominational megachurch entered into an $18.5 million agreement with the Evangelical Christian Credit Union in June 2007 for the properties and buildings at 1873, 1875 and 1877 Iris Drive.The market value of 1873 Iris Drive was listed as $11.8 million in 2010 and the assessed value was listed as $4.7 million, according to the Rockdale County Tax Commissioner's office.
An attorney for the Evangelical Christian Credit Union, Frank J. Perch III, said he knew of the foreclosure listing but said he couldn't comment on the matter without discussing it with his client. A foreclosure listing for Church in the Now was published on Jan. 7 but withdrawn.
Calls to Church in the Now and Bishop Jim Swilley were not returned on Friday.
If the foreclosure proceeds, the property will go tor auction on the county courthouse steps on April 5.
The sanctuary, which seats about 2,500, has been used for various non-church functions, including Rockdale County high school graduations.
Church in the Now's parking lot also serves as a stop for the GRTA park and ride program. About 415 spaces are leased for riders on routes 425 and 423, which are some of the most popular routes GRTA operates.
GRTA spokesman William Mecke said the GRTA board had met on Wednesday and authorized going into an agreement with the Evangelical Christian Credit Union should the property go into foreclosure.
"The riders won't see any difference. We'll still be there," said Mecke.
Swilley came out to his congregation in October and confirmed that he was gay. Attendance has reportedly dropped to about 1,000 members.