|Re: Seeking Examples of Cohousing Implementation Plans||<– Date –> <– Thread –>|
|From: Chris Terbrueggen (christopher402gmail.com)|
|Date: Wed, 7 Mar 2018 16:04:03 -0800 (PST)|
Thanks Katie Henry . This is a great starting point . Our board members have been working on several of these aspects . Has anyone published a recent Cohousing guide on planning for move in . We are focusing on self- management and would like to keep our financial costs to a moderate level. I noticed that several people have asked this question in the list serve history. Chris Sent from my iPhone > On Mar 7, 2018, at 3:39 PM, Katie Henry <katie-henry [at] att.net> wrote: > > This is a huge question, as others have mentioned. It might help to break it > down into smaller chunks. > > You might consider hiring a cohousing consultant to assist with the community > development aspect. They'll help you define goals and timelines. Doing it > yourself is hard. There's a lot of wisdom out there, and it's worth paying > for. You didn't try to do the architecture by yourselves, did you? :-) > > Here are some quick, random thoughts on my area of expertise, large > multi-family building management. > > The Community Associations Institute is a good resource for legal and > financial guidance. They have state and local chapters. > https://www.caionline.org/pages/default.aspx > > Katie Henry > > ------------------ > > Will you hire a management company or self-manage? > > Either way, there are maintenance contracts that need to be in place at > move-in. Find out from your project manager who is installing this equipment, > and call the company. > > 1. An elevator maintenance contract, plus the service that monitors the > emergency phone, plus a company or a community member to coordinate the > regular inspections (or however it's handled in your jurisdiction). > > 2. Do you have a central fire alarm/sprinkler system? There will be a service > contract, plus more phone lines for the monitoring service, plus inspection > requirements. > > 3. Any other contracts -- cleaning, landscaping, trash hauling, HVAC, > extermination, snow plowing, laundry equipment, building access (key > fobs/card readers, etc.), cable/internet? > > 4. Not required, but I encourage you to attend fire inspections during > construction and get to know your fire marshal. You can learn a lot. The > correct answer to anything he says is "Yes, sir. Right away." After you move > in, have a shift of your local firehouse over for dinner. > > ------------------ > > Find someone to conduct a reserve study and figure out what your reserve > contributions should be. The sooner the better. > > Line up condo insurance. > > Add up your contract expenses, the reserve contributions, and your insurance > cost to start planning your operating budget. Add utility costs after you > move in. Assume that your HOA dues will go up after move-in. > > How HOA dues are calculated is always a contentious subject. By household? By > unit size? By number of occupants? A mix? > > Will your HOA dues have a community benefit component? (Money collected to > pay for things other than the usual building and legal expenses, such as > social activities or training.) For what and how much? Calculated by > household or ...? > > ------------------ > > How are you going to handle financial matters? (Collecting dues, paying > bills, managing cash, etc.) Management company, CPA, or yourselves? > > A big issue that you should grapple with now -- how will you reimburse > community members for expenses? Please err on the side of trust. Don't make > it too hard for members to get things done. > > > ------------------- > > How are you going to handle legal matters? A lawyer or a management company? > Who is creating your condo docs? > > -------------------- > > How will your board be set up? The basic requirements (number of members, > etc.) are probably defined in your condo docs. > > What will the board's duties be? Entirely focused on traditional board > matters (legal, financial, and building)? Or also involved in community > affairs? > > How will you select board members? This can be a BIG issue. > > What characteristics do you want in board members? Warm, fuzzy people who are > good at dealing with conflict? Or people who can take on tasks and get things > done?
- Re: Seeking Examples of Cohousing Implementation Plans, (continued)
- Message not available
- Re: Seeking Examples of Cohousing Implementation Plans Chris Terbrueggen, March 6 2018
- Re: Seeking Examples of Cohousing Implementation Plans Ann Zabaldo, March 7 2018
- Re: Seeking Examples of Cohousing Implementation Plans Chris Terbrueggen, March 7 2018
- Re: Seeking Examples of Cohousing Implementation Plans Sharon Villines, March 8 2018
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