|Re: Request for Guidance re Equity and other Finance Issues||<– Date –> <– Thread –>|
|From: R.N. Johnson (cohorandayahoo.com)|
|Date: Mon, 27 Aug 2012 13:14:03 -0700 (PDT)|
________________________________ From: "cohousing-l-request [at] cohousing.org" <cohousing-l-request [at] cohousing.org> To: cohousing-l [at] cohousing.org Sent: Saturday, August 25, 2012 3:16 AM Subject: Cohousing-L Digest, Vol 103, Issue 24 Send Cohousing-L mailing list submissions to cohousing-l [at] cohousing.org To subscribe or unsubscribe via the World Wide Web, visit http://lists.cohousing.org/mailman/listinfo/cohousing-l or, via email, send a message with subject or body 'help' to cohousing-l-request [at] cohousing.org " 2. Should associate member dues be required or optional? Required! We had a rule that new people could attend 3 meetings as guests, and then had to join or move on. 99% of people who say they "want to participate" but don't want to pay the monthly dues or membership fee are not serious at this point. They will be happy to add complications to your meetings however, if you continue to accomodate them. If they are serious about community, they can get on the mailing list until they are ready to commit. 3. What defines a dormant member and should they continue to pay a membership fee? We did not allow dormant members- you either were a current member or you weren't. 4. What defines a defunct or former member and what should happen to any funds they've paid in? We made associate dues non-refundable: we spent most of the dues on workshops, copying, room rental, etc... . On the advice of Katie McCamant, we put in a clause that membership deposits were refundable after build out, or if the project was canceled and not before. You don't want to be paying out money right as you need to raise 50K for the next big expense. 5. What incentive models have been used to encourage first movers -- i.e., credit multiple at closing (e.g., $2,000 purchase credit for the first 20 members who give $1,000). We planned to have a discount on home prices, but had to give this up in order to get sold. People got to pick their units in the order they joined. Randa Johnson New Brighton Cohousing Aptos, CA
Request for Guidance re Equity and other Finance Issues vaness32, August 23 2012
- Re: Request for Guidance re Equity and other Finance Issues Sharon Villines, August 24 2012
- Re: Request for Guidance re Equity and other Finance Issues R.N. Johnson, August 27 2012
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