Friday, January 16, 2009

New ownership structure

While the initial building was going on, we reviewed and revised our ownership structure. To prepare for home ownership, we divided our membership into three classes: homeowners, business members, and community members. While each class of members has an equal say in general meetings and the overall governance of the cooperative, homeowner and business members have additional rights and responsibilities for use of the property. This allows these members to build a home or own a business in the ecovillage.

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