|Decision making in legal docs||<– Date –> <– Thread –>|
|From: ann zabaldo (zabaldoearthlink.net)|
|Date: Sat, 24 Jul 1999 12:39:10 -0500|
Greetings all! Takoma Village is in the throes of creating our legal documents. We are interested in the language used by other groups when describing their decision making process in these docs the bank or lending institution will see (CC&R's, by-laws, etc.) Generally, the main way groups handle this is to describe the consensus process and then include a voting back up if the group cannot come to a decision after a specified amount of time (after 2 meetings or more.) Another way this is handled is to make the legal docs as mainstream as possible and have a second document, a "membership agreement" which is non-binding on the membership, which spells out in detail the consensus process and the expectation of the group in using it. Sometimes this document is signed by each member. I would like to know what language other groups have used to satisfy the lending institutions and, at the same time, satisfy their own desire to use a consensus process. Esp. if it's different than that stated above. I was supposed to post this message last week. Consequently, I am in a bit of a jam. Read that as a LARGE jam as we are meeting on this topic tomorrow. Hum. hum. hum. Any relief you can give me is greatly appreciated. Thanks! -- _______________________ Best -- Ann Zabaldo Zabaldo [at] earthlink.net Takoma Village Cohousing is now a *PATH Demonstration Project (Partnership for Advancing Technology in Housing) for HUD. We have received $35,000 from HUD for consulting fees to help us determine which energy systems and green materials are appropriate for our community. TVC: *first URBAN community in the mid-Atlantic *Groundbreaking mid-Sept *Ribbon cutting late March 2000 We expect to have a healthy waiting list by groundbreaking Email me for more details. Or visit our website at: http://www.home.earthlink.net/~takomavillag
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