December 9, 2002

Research institute locates at Southwestern Seminary
___FORT WORTH (BP)--The Institute for Biblical Research has signed a 30-year lease for space owned by Southwestern Baptist Theological Seminary.
___That means the institute's 6,800-volume reference research library will be housed on seminary property, just a short walk from the seminary's own Roberts Library, which boasts 300,000 volumes.
___The research institute originally intended to construct a new building on property leased from the seminary. Under the new agreement, the seminary will lease to the institute for $1 a year a two-story building on the northeast corner of the Fort Worth campus.
___Renovations on the facility are scheduled for completion within 18 months, said Joe Breshears, executive director of development and general counsel for the seminary.
___The institute's holdings include numerous out-of-print volumes and rare books, said Earle Ellis, currently research professor of theology emeritus and scholar-in-residence at Southwestern.
___Ellis founded the institute in 1970 and serves as chairman of the institute's library trustees.
___He and others have raised $1.1 million for the endowment, furnishing and renovation of the leased facility and hope to raise further funds to expand the library's holdings.

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