[Makerspace-keymembers] Info on Lease Renewal
Emily Knox
emilyknox at gmail.com
Thu Apr 10 11:16:46 EDT 2014
The lease has a section on default but nothing specifically on ending the
lease early. See attached jpg.
It's all boilerplate.
Emily
On Wed, Apr 9, 2014 at 11:33 PM, Emily Knox <emilyknox at gmail.com> wrote:
> I agree that it's probably best to meet to discuss this.
> On Apr 9, 2014 6:43 PM, "Chris Ritzo" <chris.ritzo at gmail.com> wrote:
>
>> Yeah, there is precedent for a working group to not have to be
>> physically located in the IMC building. I would confirm this with a
>> board member of course.
>>
>> -Chris
>>
>> On 04/09/2014 07:34 PM, Jeffrey Putney wrote:
>> > So Monica just pointed out this might be becoming a topic for a in
>> > person meeting? I'm guessing, considering how long it took for us to
>> > resign the lease last time, we could probably get away with stalling
>> > for a little while in order to talk about this more.
>> >
>> > Also when I was talking to Chris Ritzo about this, he pointed out that
>> > we can apparently remain a working group of the IMC and relocate
>> > outside of the IMC, so that might make the finances and stuff a
>> > separate issue (but we should double check).
>> >
>> > And thanks for doing the numbers Tim, those are definitly helpful to
>> > see. I think I'm leaning toward 1yr after seeing that, and I would be
>> > willing to put quite a bit of effort into a capital space campaign if
>> > we choose to go that way. Mainly because I it sounds like a campaign
>> > to get us into space!!! :-)
>> >
>> > Jeff
>> >
>> >
>> >
>> > On Wed, Apr 9, 2014 at 6:14 PM, Gergana Slavova
>> > <gergana.s.slavova at gmail.com <mailto:gergana.s.slavova at gmail.com>>
>> wrote:
>> >
>> > If it was just about finding a bigger space, I agree, that's
>> > fairly simply. But it's also about establishing our own finances,
>> > registering as a non-profit, etc.
>> >
>> > In a side conversation, Emily suggested doing a 5yr plan. I think
>> > that's a good idea as that will help us decide how long to stick
>> > around the IMC and when it's feasible for us to move.
>> >
>> > Emily, what's the deadline for signing the new lease?
>> >
>> > ~Gergana
>> >
>> >
>> > On Wed, Apr 9, 2014 at 6:00 PM, Tim Kuehlhorm
>> > <tim.kuehlhorn at gmail.com <mailto:tim.kuehlhorn at gmail.com>> wrote:
>> >
>> > 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
>> > <mailto: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 <mailto: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
>> >> <mailto: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 <mailto: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 <mailto: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
>> >> <mailto: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
>> >> <mailto: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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>> >>
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>> >>
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>> >>
>> >>
>> >>
>> >>
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>> >>
>> >>
>> >>
>> >>
>> >> --
>> >> Jeffrey Putney
>> >> Senior Software Engineer
>> >> Diagnostic Photonics
>> >> 217-766-6580 <tel:217-766-6580>
>> >>
>> >>
>> >>
>> >> _______________________________________________
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>> >>
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>> >>
>> >>
>> >>
>> >>
>> >>
>> >> --
>> >> Jeffrey Putney
>> >> Senior Software Engineer
>> >> Diagnostic Photonics
>> >> 217-766-6580 <tel:217-766-6580>
>> >>
>> >>
>> >> _______________________________________________
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>> >> <mailto:Makerspace-keymembers at lists.chambana.net>
>> >>
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>> >
>> > _______________________________________________
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>> >
>> https://lists.chambana.net/mailman/listinfo/makerspace-keymembers
>> >
>> >
>> >
>> > _______________________________________________
>> > Makerspace-keymembers mailing list
>> > Makerspace-keymembers at lists.chambana.net
>> > <mailto:Makerspace-keymembers at lists.chambana.net>
>> > https://lists.chambana.net/mailman/listinfo/makerspace-keymembers
>> >
>> >
>> >
>> >
>> > --
>> > Jeffrey Putney
>> > Senior Software Engineer
>> > Diagnostic Photonics
>> > 217-766-6580
>> >
>> >
>> > _______________________________________________
>> > Makerspace-keymembers mailing list
>> > Makerspace-keymembers at lists.chambana.net
>> > https://lists.chambana.net/mailman/listinfo/makerspace-keymembers
>>
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>
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