Re: Off-site members | <– Date –> <– Thread –> |
From: David G Adams (dadams![]() |
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Date: Wed, 21 Jun 95 12:04 CDT |
David Mandel says > We're probably about to have our first off-site semi-member... As Cornerstone split into a group that wants to live at the new Cornerstone site, and another group that doesn't, the folks in the "new site" subgroup started thinking about offering "common facilities only" memberships to those of us now on the outside. It's an interesting possibility but raises many complications. * To have full interest and rights in the common facilities, outside members probably should have to buy an equity stake in the common facilities, in addition to sharing in ongoing costs. It doesn't seem fair to on-site owners to let anyone join by simply sharing in the ongoing costs, when the on-site members had to build the facilities in the first place. How to price this equity stake is a big question. It's sort of like an initiation fee in a club. Should it be transferable? Would there be a secondary market for transfering these memberships (Highly unlikely, IMHO) Should the group have the option / be required to buy back fees from off-site members who have to / who choose to leave? * If someone rents out a unit in a coho village, I would think that the lessees, not the owner, have the privileges associated with the common facilities (shared meals, rec room, gardens). The owner, OTOH, would have blocking power on consensus decisions, since she / he has the long term interests of the group at heart. The (now absentee) owner pays condo fees on behalf of his tenants. He should have to pay additional fees to be an off-site member (but maybe not pay an equity fee? Tough call.) * Can N St folks help on this issue? Y'all seem to have the most complicated relationships among owners / renters / members in the US. Dave _____________________________________________________________________ |\/\/\/| David G. Adams | Homebrewer |____ | U4 Consulting | OO ) | Arlington, MA | 1995 Boston -> New York ( | dadams [at] world.std.com | AIDS Ride cyclist | | CompuServe: 72630,1374 | Please Sponsor Me!! _____________________________________________________________________
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Re: Off-site members David L. Mandel, June 21 1995
- Re: Off-site members David G Adams, June 21 1995
- Re: Off-site members Rob Sandelin, June 21 1995
- Re: Off-site members IAN_HIG, June 21 1995
- Re: Off-site members Angie McGowan, June 26 1995
- Re: Off-site members Mmariner, June 27 1995
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