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Announcement of Gift to East Texas Baptist University Gift to Assist ETBU's Vision None Jerry Cargill Who, with His Wife

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Announcement of Gift to East Texas Baptist University Gift to Assist ETBU's Vision None Jerry Cargill Who, with His Wife Announcement of Gift to East Texas Baptist University Gift to Assist ETBU’s Vision Expanding Graduate Degree Programs to Downtown Marshall none Jerry and Judy Cargill and Judge Richard and Christina Anderson announced Saturday that, in a transaction completed on September 7, they have donated The Marshall Grand, the eight-story former Hotel Marshall located on the historic Harrison County Courthouse Square, to East Texas Baptist University, in order to provide ETBU with a substantial self-contained property in downtown Marshall in which the university can continue to grow and expand its graduate degree programs. Since 2011, ETBU has launched four graduate degree programs—Master of Education, Master of Arts in Counseling, Master of Arts in Religion, and Master of Business Administration in Entrepreneurial Leadership. Jerry Cargill who, with his wife, Judy Cargill, have partnered with Richard and Christina Anderson on the renovation and development of the historic Hotel Marshall, stated: "Dr. Dub Oliver, President of ETBU, and Sam Moseley, Chairman of the ETBU Board of Trustees, approached the Andersons, Judy, and me earlier this year and presented to us a strong vision of how they thought ETBU could establish and house their expanding graduate degree program in the historic Marshall Grand.” "We think ETBU's vision and plan is not only exciting, we believe it’s also solid and feasible,” Mr. Cargill continued. “We believe it will be of great benefit to our downtown and is in keeping with the vision we share with our community of the importance of finding ways to fuel economic growth and revitalization in downtown Marshall.” He shared that the Cargills and the Andersons made the decision to gift the historic building in order to help move ETBU's educational vision forward and to help continue to build the economic growth and quality of life in our downtown and community. In 2003, to assist the economic revitalization and historic preservation of downtown Marshall, the Cargills and the Andersons partnered on the renovation of the former Hotel Marshall, which was built in 1929 and had stood in a profoundly blighted condition in downtown for more than 25 years. Initially, the Cargills and Andersons worked, along with other community members, to save the Hotel Marshall landmark from demolition, which some in our community had been proposing. The next step was to structure a workable plan to remedy the blight that this eight-story eyesore caused to the downtown landscape. They and other community members believed that the dilapidated condition of this tallest building in downtown Marshall impaired not only the beauty of downtown, but also its economic growth. Structuring an effective public-private partnership and working with the assistance of a very supportive community, including the City of Marshall, Marshall Economic Development Corporation (MEDCO), the non-profit Marshall Downtown Development Corporation (MDDC), and 2 hundreds of contributors to the MDDC, the Cargills and the Andersons went about the work of remedying the blight of this historic structure. They then worked to renovate the exterior, lobby, mezzanine, kitchen, elevators, basement, retail area, and second floor of the building. They also prepared the upper floors with plumbing, fire suppression, and other features, making the upper floors ready for build-out. Since the completion of this work in 2007, The Marshall Grand has been operated as an events center, restaurant, and meeting facility, with approximately 100 weddings, reunions, proms, banquets, and community events taking place in the venue in the past several years, including Wiley College's star-studded reception of the Southern premiere of the film, "The Great Debaters" attended by star and director Denzel Washington, Nate Parker, and Jurnee Smollette. Judge Richard Anderson stated: "Our shared vision with our community, the City of Marshall, MEDCO, MDDC, and hundreds of contributors in 2003 and 2004 to remedy the blighted condition of the old Hotel Marshall was successfully accomplished in a very effective public-private partnership and we deeply appreciate everyone who worked together with us to bring this beloved historic building back to life." Anderson continued: “As the Cargills, Christina, and I moved forward with the renovation and development, our substantial investment of time, treasure, and knowledge in the project was always grounded in our belief that the preservation and renovation of this important historic building in the heart of downtown Marshall would assist our community's collective efforts to revitalize downtown and assist the economic growth and quality of life of our citizens.” The Cargills and the Andersons underscored that, throughout their work on this project, they were also committed to developing a plan for the property that would not only be beneficial for our community now, but also for the future. They emphasized that they also worked to find a development plan that would make a priority of consistently maintaining the building so that it would never regress to a blighted state again. Judge Anderson added, “We're very impressed by Dr. Oliver's and ETBU's vision for the educational use of this building. We’ve explored many prospects for the development of the building and feel that this is just the right fit. We believe the plan could be transformational for Marshall, Harrison County, and our region." Dr. Dub Oliver, who became President of East Texas Baptist University in 2009, stated: "The ETBU family is very grateful for the generosity of the Cargills and the Andersons by gifting to our University this treasured historic building that’s ready for build-out. This building removes a substantial barrier to our plans for expanding our graduate degree programs.” Dr. Oliver continued, “The expansion of our campus into the downtown area should serve to add synergies to the development of the business district, and we're very pleased to be a part of this continuing development. Our ETBU family wishes to extend our heartfelt thanks to the Cargills and the Andersons for their sharing in our vision, and for this generous contribution.” Sam Moseley, Chairman of the ETBU Board of Trustees, stated: “We are thrilled about the possibilities open to ETBU with this gift of The Marshall Grand. ETBU is eager to be a part of bringing life and activity to this beautiful building in the heart of our downtown. We believe that will be the result of this generous gift. A great many Marshall people were involved in saving this building, and now our entire community will benefit from the hard work and significant financial investment represented here. ETBU is grateful that the Cargill and Anderson families have chosen 3 this way to ensure this iconic structure will benefit both the University and our community of Marshall.” Christina Anderson, partner on the renovation project who has also worn the volunteer hat of managing the building and scheduling and coordinating events, echoed appreciation to all who have been supportive of the hotel renovation project. She stated: “During and after the completion of the renovation work, from the moment we had our first event, whether it was News Year’s Eve, Dream Big, or the many weddings, banquets, and other events, community members have expressed a deep-rooted joy and pride about the revitalization of this grand, beautiful building. It seemed to be a testament not only to what hard work and a smart plan can accomplish, but also what good things our community can do by working together." The Cargills and the Andersons also noted that another contributing factor to their decision to make this gift was their strong belief in Marshall, Texas as a hub of higher educational excellence with the presence of ETBU, Wiley College, Texas State Technical College, and Panola College. They believe that outstanding education is not only the backbone of a community, it can be an economic driver as well. The partners congratulated Dr. Oliver, the Board of Trustees, and ETBU on their vision for expanding the graduate programs downtown and wished them great success for the university and our community. Dr. Dub Oliver shared that ETBU would continue to operate The Marshall Grand as an events venue during this time prior to the build-out of the upper floors for the ETBU graduate programs. The Stottford House Restaurant will also continue operating in its location in the southeast side of the first floor in the foreseeable future. Ms. Anderson shared that a plaque recognizing those who made contributions—large and small—in 2003 and 2004 to the effort to remove the profoundly blighted condition of the former Hotel Marshall from downtown Marshall will be installed in the building as the ETBU project moves forward in the coming months. She also shared that the Cargills and Andersons will host a Contributor Appreciation Reception in the lobby of The Marshall Grand on Thursday, September 26, 2013 from 4pm-7pm. Additional details about this reception and the transition of The Marshall Grand events venue will be forthcoming and available next week at www.themarshallgrand.com. etbu130909 .
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