Cohousing-L Mailing List: A development manager for Durham Central Park Cohousing: How have others done it?

[Diana Fox (Diana.Fox]

At the Durham Central Park Cohousing Community (http://durhamcoho.com), we are 
currently in the process of selecting a development manager for our project.  
We've interviewed multiple folks that would love to have our business, but they 
(and we) are a little uncertain about how exactly to draft the terms of such an 
agreement.

Would folks in other communities share their experiences with this part of 
creating a cohousing community?  We've read Ann Zabaldo's blurb on Romancing 
the Developer at http://www.secondjourney.org/itin/2010Spr/Zabaldo_2010Spr.htm 
and find that it makes a lot of sense but could use some suggestions on how 
this translates into a development manager contract (where it's our money 
rather than the developer's that is at risk).

-Diana Fox

Diana.Fox [at] sas.com    Durham Central Park Cohousing Community *