NEW loanstock offer
This is the total offered to date. Can you help us reach our target?
The following amendments were accepted by the group:
• Benefits would favour particularly the Chapeltown area (Required so not seen as discriminating)
• Add wording to officially allow members to attend meeetings remotely
• Re – Section on expulsion from Chaco due to gross misconduct, completely removed, but with possibility of including a more workable version in oursecondary rules. This was particularly around legal problems of excluding a member from a property which they partly owned.
• In arbitration circumstances the deposit payable is based on rental amount. As some members might only rent 1% of
property this could be extremely low so instead amount will be defined in secondary rules.
It was also agreed to a working party made up of those with specific concerns to address the last remaining issue (about purchasing another property) and come up with a working proposal.
The GM agreed to the proposed budget of the existing properties
The GM agreed ChaCo should proceed with purchasing the land.
As proposed by Neighbourhood group
Governance: continue for now with fortnightly Hub meetings 6.30pm Thursdays at 39 Grange Avenue. But concerns about excluding those who can’t do this time and about concentrating too much power in a small group of people. Review in 2 months (March 2019).