[Makerspace-keymembers] Info on Lease Renewal

[Tim Kuehlhorm]

How much exactly would we expect to save on the 2nd year? If it's only around $150 of savings then maybe taking on a $4000 commitment isn't worth it.

Also, if we're considering finding a larger/more accessible space, I think doing that in a year is realistic. We just need to figure out who the right people are to spearhead that effort. 

Tim

> On Apr 9, 2014, at 11:33 AM, Emily Knox <emilyknox at gmail.com> wrote:
> 
> Maybe it's at the space in the file drawer?  Will check tonight then scan to put on Drive.
> 
> 
>> On Wed, Apr 9, 2014 at 9:30 AM, Jeffrey Putney <quaker at gmail.com> wrote:
>> Does someone have a copy of the lease? I'm not really against a 2yr, I would just be more comfortable if I knew what the penalty was.
>> 
>> Thanks,
>> Jeff
>> 
>> 
>>> On Wed, Apr 9, 2014 at 9:25 AM, Gergana Slavova <gergana.s.slavova at gmail.com> wrote:
>>> I agree with Emily, that's what I was thinking as well.  I'd rather do the 2yr lease to give ourselves time to gather up resources.
>>> 
>>> ~Gergana
>>> 
>>> 
>>>> On Wed, Apr 9, 2014 at 9:20 AM, Emily Knox <emilyknox at gmail.com> wrote:
>>>> I'm not sure what the penalty would be but we'd probably have to do something like pay the rest of the year's rent (which could come out of the campaign funds).  In any case, I don't think we would be able to raise the money and secure a new space in less than two years. In fact, this might give us a good goal to work towards...moving sometime in early 2016.
>>>> 
>>>> E
>>>> 
>>>> 
>>>>> On Wed, Apr 9, 2014 at 9:17 AM, Jeffrey Putney <quaker at gmail.com> wrote:
>>>>> I know there has been talk of organizing some type of capitol campaign effort. And I was kind of imaging that campaign might include looking at larger and/or more accessible spaces. I guess my question would be what is the penalty for breaking the lease early? 
>>>>> 
>>>>> Jeff
>>>>> 
>>>>> 
>>>>> 
>>>>> 
>>>>>> On Wed, Apr 9, 2014 at 8:58 AM, Barry Todd <barry.todd at gmail.com> wrote:
>>>>>> I am all for signing a two year lease in less there is some specific reason why.  Thanks
>>>>>> 
>>>>>> Regards,
>>>>>> 
>>>>>>  
>>>>>> 
>>>>>> Barry Todd
>>>>>> 
>>>>>> The Computer Geek
>>>>>> 
>>>>>> (217) 898-6969
>>>>>> 
>>>>>> <image001.jpg>
>>>>>> 
>>>>>> <image002.png>
>>>>>> 
>>>>>> 
>>>>>> 
>>>>>>> On Wed, Apr 9, 2014 at 8:46 AM, Emily Knox <emilyknox at gmail.com> wrote:
>>>>>>> Our lease has expired.  Durl sent me this info concerning renewal.  Let me know what you think.  
>>>>>>> 
>>>>>>> If Makerspace renews its lease for one year a 3% increase will be applied to its current monthly rent of $309, so it will be $318.54.  We can round that to $318 as far as I am concerned.
>>>>>>> If Makerspace should sign up for just a one year lease, there likely will be an increase in rent the following year.
>>>>>>> 
>>>>>>> If Makerspace should choose to sign a two year lease, there would be a 3% increase this year, but a 0% increase in year two.
>>>>>>> 
>>>>>>> The fifty dollar payback would continue through June, so your new rental total for the next three months would be $368 and reduce to $318 starting in July.
>>>>>>> 
>>>>>>> _______________________________________________
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>>>>>>> Makerspace-keymembers at lists.chambana.net
>>>>>>> https://lists.chambana.net/mailman/listinfo/makerspace-keymembers
>>>>>>> 
>>>>>> 
>>>>>> 
>>>>>> _______________________________________________
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>>>>>> 
>>>>> 
>>>>> 
>>>>> 
>>>>> -- 
>>>>> Jeffrey Putney
>>>>> Senior Software Engineer
>>>>> Diagnostic Photonics
>>>>> 217-766-6580
>>>> 
>>>> 
>>>> _______________________________________________
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>>>> https://lists.chambana.net/mailman/listinfo/makerspace-keymembers
>>>> 
>>> 
>> 
>> 
>> 
>> -- 
>> Jeffrey Putney
>> Senior Software Engineer
>> Diagnostic Photonics
>> 217-766-6580
> 
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