Commercial Spaces included in Cohousing Footprint
From: WmlP (WmlPaol.com)
Date: Thu, 12 Jan 2006 11:20:44 -0800 (PST)
Hello All-
One more voice in the wilderness seeking wisdom from the larger community.

Eugene Downtown Cohousing in Eugene, OR is an urban development soon 
(hopefully) to begin construction. It will be a three story flat/townhouse 
complex on 
a quarter city block. The street side of the ground floor will include several 
spaces that the developer hopes to sell, rather than lease, as commercial 
spaces (they would not be suitable for residential units). The second and third 
floors will be the residential units. The developer will be a residential unit 
owner/occupier.

Our question is how to structure the bylaws regarding the commercial spaces 
once they have been sold to commercial entities. They will not be members of 
the residential Condo/HOA. Reserve fund assessments and insurance are two 
issues 
that come to mind.

Any experience/advice/counsel would be greatly appreciated. Cheers,

Lew Powell
wmlp [at] aol.com
Finance Committee
Eugene Downtown Cohousing
www.eugenecohousing.org

Results generated by Tiger Technologies Web hosting using MHonArc.