Legals and Dollars

We have heard that the NSW government is still having the Narara land revalued and in the meantime we are focusing on two things. How to buy the land - looking at structures and financing as well as searching for a partner to help with the development.

Thanks to an email from Peter, a pretty spunky lawyer from our database, I met with two developers last week - interesting discussions but they are more into retirement villages and other business ventures. However, I learn something with every conversation and am grateful for those of you who take the time to point me in various directions. Thanks also to an equally spunky Pip for linking me up with a fella who has been head of property development for a large capital investment company, he is going to come back to us with some ideas. Those I speak to seem pretty interested in our idea of gathering people before the land/infrastructure come into play.....a model not seen very often before. People usually come on board after we have been told to get excited with granite bench tops and Miele appliances!

Still looking into the idea of forming a co-operative to raise the money to buy the land and would appreciate any help at all with that path.

As mentioned before, we are aware of a group of people who formed a co-operative in Victoria to develop a windfarm, selling shares for a small minimum subscription. They are successfully raising a similar amount of money to what we expect to be charged for the Narara site......wondering if this might work to develop an ecovillage?

‘Never doubt that a small group of thoughtful, committed citizens can change the world. Indeed, it is the only thing that ever has’. Margaret Mead