Moora Moora Cooperative Community
Moora is Aboriginal for the earth: Moora Moora means a friendly spirit. Introduction We are a group of people concerned to develop an alternative to suburban nuclear family living with its particular pressures and limitations. Many of us are discontented with the noise, foul air, water and food of the city, with our polluted environment. We are concerned to get away from the overcrowding of city life, its treeless concrete face, its lack of natural surroundings and animal and bird life. Others are particularly concerned about the isolation and loneliness of suburban living, its increasingly high cost, the narrowness of the isolated nuclear family, the lack of community facilities and cooperative living. We regret the superficiality of our human relationships within the suburban street, living near neighbours we didn't choose, the isolation of the non-working wife and the lack of continuous playmates for the children. Others, primarily concerned with education, are dissatisfied with the alienation between learning and living, as well as with the forms and content of education. They see our intended community as an educational community : a community that finds life and richness in the pursuit of individual and community development. We plan to create a community education environment, a centre for learning how to live. We seek to create a learning environment that facilitates full realisation of the member's potential, a centre that involves people of all ages, where learning is throughout life and integrated within one's living situation. Where we live and who we live with will become the beginning focus of our learning. In a more general sense, many of us are discontented with the mainstream of our society, the direction in which we are going. We dislike the over-centralised nature of our society, our non-participation in the decisions that most personally affect us. We resent being manipulated to 'keep up with the Joneses', and the competitive, violent and materiistic values that permeate the wider society. Out of this concern we are creating a cooperative community with a diversity of personalities and life style s that enable us to live in an environment and with people of our own choosing. Our primary concerns are social, educational, and ecological. We seek first to create a social environment which calls forth our humanity and creativity, surroundings where there is privacy and community. The basic unit of the community is the cluster, where either communal buildings, individual or family units are geographically grouped together relative to the whole community. There could well be a combination of the above life-styles. We have purchased 250 hectares of bush and farm land on a mountain approximately 58 kilo- metres from Melburne, a distance still allowing city involvement. We will protect, conserve and enjoy this environment as much as possible. As a consequence of this concern we seek to create buildings harmonious with the natural environment. We aim towards a population between 120 and 160 with diverse backgrounds and interests, our common concern being to create an ongoing learning community. We look towards:
O provision for cluster, communal and individual life styles and their combinations,
O full participation in all community decisions,
O shared concern for child-rearing,
O practical economic savings and cooperation to enable a comfortable standard of living with minimal dependence,
O an education centre for all ages,
O community recreational and arts and crafts facilities,
O fruit and vegetable gardens,
O involvement with the surrounding local community,
O protection of the environment.
O survival ability without the survival drudgery.
We seek people who share the above aims and who can assist us in working on specific details. We hope that through working together, a community spirit will develop that expresses cooperation, warmth , love and shared affection.
LEARNING AND LIVING
Members of the Moora Moora Community believe that meaningful learning can best take place when it is an integral part of everyday living. This cannot take place in our society today. Even for instance where schools make a serious attempt at integration, learning still remains a process separate from the rest of life. Our Aspirations We believe that education is learning how to live and that it is a continuous process. A good learning environment enables each person to take responsibility for his own learning whilst providing him with every opportunity to develop his potential as a human being. Our personal environment is the key to such learning. It is out of our dissatisfaction with the alienation between learning and living as well as with the forms and content of education that we see our community as an educational community, a community that finds life and richness in the pursuit of individual and community development. We therefore plan to create a community education environment rather than a school, where people of all ages involve themselves in the learning process, where we can reflect on the issues of living as we are confronted with them in every day life. We plan to make available our resources to the larger community as we believe that both our community and the larger community would benefit from such sharing. The Nature of the Centre The actual educational activities of the community will centre around the experience of living together with a group of people who share the above concerns. The focus of learning will be upon the core of living; Personal, Social, Ecological and Material Development, as well as expression. The centre will focus on the total person; on the integration of the experiential and the intellectual. We seek to create an environment that calls forth the person's own self-directed learning, that gives him the freedom to learn. The individual, as he grows in understanding, will seek the available knowledge and experience of other members as well as outside resource persons. We envisage :
A centre for children and adults
A centre for those seeking self-discovery and transcendance
A centre for those seeking to develop humane relationships
A centre for those seeking to develop an ecological consciousness
A centre for those seeking to learn how to survive from the land ecologically
A centre for those seeking creative and artistic expression and development
A centre for those seeking physical health and vitality
In short, a community learning centre of people and resources that aims at facilitating our ability to learn how to live fully. We have already begun this centre with the effort to learn how to begin the community itself. The mode of learning will be as diversified as possible to suit the needs of all of us. Particularly where children are concerned, parents have different ideas on the learning of basic skills. However, with the profusion of trained teachers this should not present many problems. The emphasis however, will be on the apprentice/learning exchange approach where all who wish to learn would seek out those who have some skill or insight to offer. In short you learn how to do it yourself with the help of some friends.
From the point of view of the community, the educational aspirations and the centre itself give a point of focus and a sense of purpose to its individual members. Through their involvement they will have the opportunity to transcend their own personal and social condition by reaching towards the fulfilment of their potential as individuals and as members of the community. The Learning Community and the Wider World As has been indicated, non-permanent members of the community (visitors) would be invited to learn from the permanent members and vice versa. However, the permanent members' lifestyle needs protection, therefore a separate living site for non-members is planned. Visitors may wish to visit us for a specific purpose rather than a desire to immerse themselves in our whole way of living and learning. They might achieve this purpose in an informal 'apprentice- style' manner. On the other hand if demand is high then special seminar/workshops would be arranged . The influx of people particularly during weekends and holidays would mean that some people might be employed full or part-time within the community. This would suit those who do not wish to seek employment outside the community. The centre will be open to those invited by members or those interested, in the context of our ability to cope. However, we do not seek to create a tribal village with its restrictions on personal growth. We wish to have access to the men of wisdom in the wider world . We will probably need access to special skill centres outside our community. We might want to or have to seek employment in the outside world and so we will go beyond our community whenever this seems to us necessary or beneficial. The interchange should be fruitful to the members of the cooperative as well as to society at large.
The following statement refers primarily to the structure of our relationships rather than to their quality. For our cooperative to survive, and certainly for our relationships to be rich and satisfying, it is essential that we aim at, and practise, being honest, caringly confrontative and risking in our efforts to reach fellow-members. Living in such an environment provides us with an unparalleled opportunity to be aware of ourselves, gain feedback from others, and grow in areas of our choosing. We want each person to feel free to seek from and give to others in the community, in an atmosphere characterised by friendliness, openness, flexibility and sharing. Our basic aim is the bringing together of a diversity of personalities and life styles to form a cooperative community. We are seeking participants who are diverse in their ages, occupations, interests and backgrounds; people who seek to relate meaningfully with others, who appreciate the natural environment, and who are interested in promoting their own growth and learning and that of others. We believe that the stimulation and challenge of diversity will enhance the educational value of the cooperative community. We are aiming not only for a variety of social groupings but for a diversity of styles of living. Thus we'envisage four levels of social interaction within the cooperative : the four individual, the family unit, the cluster, and the community. The first and second levels would extend from nuclear family units to single persons living by themselves or with others, with or without children. We hope that the total cooperative poputlation will average out to roughly equal numbers of children and adults. The cluster, the third level, is the basic design of the cooperative community, referring to individual dwellings being grouped together in physical proximity. We envisage a minimum of three clusters, with at least four dwelling units per cluster and a maximum of five clusters of six houses per cluster. The cluster concept lends itself to a variety of expressions, perhaps being composed of a communal dwelling and single units, or solely communal or single unit dwellings. The more communal the buildings, the greater degree of shared facilities and the closer the interpersonal relationships. We value equally our need for privacy and community. Thus at this level of the community it is important that life within each cluster and within each unit of the cluster is the prime concern of those involved at that level. Each person and group decides how they want to live in terms of their building designs, and in terms of their relationship, iprovided that such are not contradictory to the rules of the cooperative.
The broad social grouping within the cooperative is the cooperative community, involving all share-holders and their dependents. With the cluster design, the community cooperative is not one community but several, each with their own space and activities, each fulfilling different needs for their members but interrelated to help fulfil common needs and desires unmet in the other groupings.
The total community cooperative is defined both in terms of relationships between clusters and their members and in its involvement with the wider society. Relationships between the clusters will develop around participation in the learning centre, the sharing of recreational facilities, arts and crafts, and the protection and enjoyment of our common natural environment. We would relate to the outside community through interest in local council affairs, the provision of common services and through our mutual sharing of resources. We look forward to outside participation in our learning centre and in enjoying our natural environment. We believe that the social relationships as outlined on the various levels will develop naturally within the right environment and given people with compatible ideas and aspirations. We hope that some will be able to work at home, so that their working and living are integrated. We believe that the four levels enable each individual to live more fully, giving us more ranges of choice in how we live and who we live with. The breakdown of the extended family and the neighbourhood speak to us of the need for community. It is becoming increasingly obvious to us that community and cooperation on much wider levels are becoming necessary for the survival of mankind. The creation of this community cooperative will help us to move towards a more humane and cooperative world and, it is hoped, give each person a greater degree of power over his own life.
The happiness of our children is one of the main reasons why we seek to create this cooperative community. Many of us are committed to Zero Population Growth, and yet we are aware of our need and our childrens' for closer contact with a wider group of children and adults. We feel children need more than one playmate, more space free of urban dangers and adults, just as we do from them. The autonomy of each cannot be maximised if each is forced to be dependent on the other because there are no other alternatives. Under these circumstances neither can enjoy each other fully. This is exemplified by the mother who is tied to the house and cannot go out at nights because there is no-one to mind the children. We feel this problem can best be dealt with through the cooperative, for the members provide built-in baby sitters, who know and care for the children. It is inevitable in the community environment that children and adults will have exposure to many more learning possibilities than presently available. We look forward with eagerness to the possibility of learning a great deal from our children, what they can teach us of spontaneity, abandoned joy, active seeking, felt feelings and their ability to see a world in a grain of sand.
As our working week grows shorter we feel the need to focus our life style more around leisure activities. Thus we seek to create leisure facilities that will enable us to fully enjoy our free time. We plan the recreational facilities at the cooperative level, such as a swimming pool, a barbecue area, a volley- and basket-ball court, an arts and craft centre with a pottery kiln. Some of these can be directly linked with the education centre and can be enjoyed by all.
Community Life and the Wider Community
As our land is situated approximately fifty-eight kilometres from the city it is possible for us to keep close ties without having to endure the city with all its destructive features. Involvement in the cooperative by members of the local Shire will be encouraged. It is hoped that the education centre and a potential cooperative store will facilitate this through the exchange of our surplus and economic savings of collective purchase. In addition we hope to hold gatherings such as barbecues, sporting fixtures and dances, where local residents are invited. We also hope to share joint activities with those outside our community with similar ideas and interests such as working on the local council, being involved in local social and cultural activities. We are planning to become involved with an urban community in the inner city. The realisation of this plan is close to reality as a large fourteen room, two storey house is becoming available in South Yana. It is hoped to create an ongoing community there that is affiliated with Moora Moora . We aim to develop an interchange of members, shared educational aspirations and action in the wider community. In addition we plan to establish close ties with similar groups, such as the Round-the-Bend Co-operative. Links will also be established with groups and organisations related to, and consistent with, our aims, such as the Australian Conservation Foundation.
THE NATURAL ENVIRONMENT
The Land Mt Toole-be-wong is the lyrical name of our 250 hectares. It is 2,200 feet above sea level, 58 kilometres from Melbourne, and with a rainfall of 47 inches. On top of the mountain are approximately 120 acres of undulating grassed pasture, presently fenced and used for grazing cattle. Most land is cleared in this area, except for some clumps of trees, one of which surrounds a natural clear spring which supplies the property with ample year-round water. The spring flows down a gully into a small trout-infested lake surrounded by trees. Walking the winding driveway leads to an acre or so of beautiful gardens surrounding the homestead. The property is an original crown land subdivision of 1901. There was a large guest house which was burnt down in 1939, and now all that remains to remind us of its past is the mound on to which the ladies would alight from their horse- and bullock-drawn coaches, to save their long skirts. The present house, built after the war, is of clinker brick, with thirteen rooms, in excellent condition, well suited as the basis of the education centre. There are beautiful views from both sides. In addition there is an old weather board house we are restoring, together with a large shed and another building we intend to use as our arts and craft centre. Past the large house and down the overgrown track is more bush, amongst which are patches of cleared land which were used for growing potatoes. The bush, 300 acres or so, is happily and rapidly reestablishing itself after the bushfires of the past. Some of the cleared patches we plan to reforest. On top of the mountain the soil is wonderfully brown and rich. The side of the mountain is largely bush, and at the bottom, semi-cleared, is black soil and several springs. The property has been left to itself in recent years. The climate is mild to warm in summer, colder in winter with occasional snow.
Protecting the Natural World
Not only do we wish to achieve a highly 'social' community but also a community that will exist in harmony with the natural environment. To achieve this third aim we plan to minimise our impact on complex, and sometimes delicate ecosystems. This means that we will be constrained in what we do on the site by consideration of natural features. Buildings, gardens and tracks willbe located in areas of low environmental impact not necessarily the areas of greatest human convenience. Particular attention will be given to minimise the amount of land we develop ; thus cluster housing which promotes social interaction and also fulfils ecological aims. Our long term impact will be minimised by the life style we adopt. Our waste will not be 'dis- charged' but fully treated and utilised if possible, (e .g . treated sewage effluent could be used to irri- gate trees). Buildings will be designed in terms of shape, material, and location, so as to fit into the natural environment. Indigenous native flora and fauna will be encouraged by restraining domestic animals, (dogs and cats not being allowed) controlling exotic flora, and re-planting as necessary. It is also our intention to utilise nature's resources as much as possible, particularly solar energy and wind power. The scents, sounds, and sights of nature will be a continuing joy to us as we learn more of the wonders of our unique bushland, by living in it.
Agriculture and Farming
We want to demonstrate how man can work with nature as well as live from it. The key to success in conservation is not in our ability to create isolated sanctuaries separated from the general environmental destruction but rather in our ability to care for nature and yet still in a life -supporting way gather food and enjoyment. We plan to keep domestic animals (separated from the bush), such as cattle, poultry, horses, sheep, goats and pigs, with the aim of at least supplementary supplies of fresh dairy produce, eggs and meat. Some aim to develop further dams and utilise these for fish farming as well as additional water supplies. Many of us want to become as close to self-sufficiency in vegetables and fruit as possible, in the organic or biodynamic way. Any surplus would be traded within the cooperative or the local community. Land to be used for these purposes has been largely cleared already. We would clear only the minimum area necessary for our survival, and in fact aim to replant large areas of bush. One crucial aspect of the land is that it has a survival potential. If the worst came to the worst for our cities, our land is large enough, rich enough to enable us to survive.
Shareholding and Membership
The most important qualification for membership of the community will be the concern of the individual for the aims of the community and his personal compatibility with other members. This will not be determined by any formal 'entrance interview' but rather by extended social contact between members prior to full participation. It will be as much up to the individual himself to determine his/her own compatibility as it will be up to the existing members. We request that potential members share our concerns, and spend some time getting to know us before asking to join. The first concrete expression of a desire to pursue membership is to become a friend of Moora Moora. The symbol of this is the payment of an non-interest bearing $100 loan to the cooperative at three months call. All members' offspring over the age of fifteen years are eligible for full membership of the community. Arrangements would of course be made for student members over the age of fifteen years, who obviously could not immediately afford to finance a full shareholding. There is no provision for third generation shareholders, except where they purchase shares which become available through people leaving the community. Shareholding consists of shares valued equally across the community and includes the value of an equal share in the land of the community and the services such as water supply, electricity supply, roads etc., together with a ninety-nine year lease-hold that will be issued. The value of this lease depends on the type of dwelling within which the shareholder lives, for example, in a house of his own or as a part of a group living communally. In order to gain a leasehold to build, a shareholder must either join together with at least one other shareholder or purchase another 6,000 shares. Further it is up to the new member to work out with an existing cluster of shareholders whether or not membership in that cluster is mutually agreeable. It is proposed that there will be a diversification of responsibility for control between the cluster and the community levels. At the cluster level all individuals will participate in decisions which affect the cluster, but at the community level there will be representatives of each cluster on a 'community council' with provision for important decisions to be made by all members. It would be presumptuous to attempt to outline, at this stage of development, the balance of power between the two levels of decision making. At present the Council or its legal expression. the Board of Directors, consist of seven elected annually. At present three will retire each year. The Convenor or Chairman is rotated at each meeting . At present we hold two kinds of meetings : a business meeting, where formal decisions are made in accordance with the Act's requirements, is open to all members ; a community gathering to meet together and discuss general issues and interests, with members, friends and invited guests. Rules and Regulations This 'community' is registered with the Registrar of Cooperatives as a 'Community Settlement Society' as required by the Cooperatives Act of 1953. A set of formal rules is required by this Act and a set of model rules provided by the Registrar and proposed amendments to these can be obtained for perusal from any member of the Cooperative. An example of such an amendment is the decision that each member is required to contribute a minimum of ten days a year of work for the cooperative or if unable, to pay $15 a day to the cooperative in lieu of such work. Conflict Resolution We accept conflict as a part of life , and hope that most conflicts will be able to be resolved between those involved, perhaps with the help of their friends. Where this is not possible we envisage a community court as a conciliator and arbitrator, where a community representative is appointed by a majority of the community, and each side in the conflict chooses a member to act on his/her behalf. Ceasing Membership Although we do not desire a rapid turnover in membership of this community provision has been made for a member to sell his share in the event of his changing needs and circumstances over time.
Some revaluation of our work/living balance and priorities may in some cases be desirable, in others necessary. Many of us, such as lawyers, teachers and writers, intend to continue working professionally from the cooperative. Several have been able to organise their occupations into a three to four day week, working either for themselves or for others. Some wish to work in the city on an irregular basis, and others may well be able to work nearby such as at the local school. We hope that some members will be engaged in cottage industries, such as carpentry, pottery, spinning and weaving on a full- or part-time basis. We hope too that some members with requisite skills and interests will be able to work full-time on the cooperative gaining their livelihood from building and maintaining the cooperative farmers, teachers, mechanics and builders to name a few. We plan that all work necessary for the cooperative will be performed as far as possible by the members themselves, and that at the individual level this will extend to members cooperating together in the creation of their own dwellings.
Transport is a particular problem as it takes one and a half hours to reach the city. We intend to minimise this problem by creating car pools, where members double up on their commuting either to town or preferably to the Lilydale Station (thirty minutes driving time). With five people each driving their own cars each way once a week, the wear and tear on each individual and his vehicle would be greatly reduced. It may well be profitable to purchase a small bus. The availability of a fast train from Lilydale to the city (fifty-four minutes) allows time for relaxation, meditation, reading or discussion. As far as travelling to the city for social reasons is concerned, we may well find that our friends, attracted by the cooperative, our environment, and the education centre, will implore us to stay at home and be visited by them. Our contact with the city is important as it provides different stimulus and activities for the individual as well as a point of communication with the city of our life as a community.
THE BUILT ENVIRONMENT
We 're planning for a range of buildings, in clustered houses, communal buildings, learning centre, integrated practically and aesthetically with the natural landscape, and allowing us scope for a diversity of life styles. We envisage a minimum of fifteen housing units and a maximum of thirty. We are looking for ways of accommodating our own changing needs (for solitude, for shared living, for comfort, for wanting to feel close to nature) with the limitations involved in erecting more or less permanent structures, of ecological feasibility and financial practicality. The whole community will be involved in advising and giving feedback on what could or is planned to be built and deciding where, guided by an overall plan based on careful studies of the land, brainstorms, and the resources we are able to pool for projects such as the learning centre. Instead of developers deciding, the community will plan the cluster siting and servicing the member his housing. Individual clusters may wish to get together and plan an integrated cluster housing design. Some of the pitfalls we would like to avoid are the overplanning and inflexibility of most private and public building and a lifetime of financial slavery to a lending insitution. A few of the ideas we would like to explore include:
a variety of materials such as mud brick, simple maintenance-fre e finishes, 'natural' forms of heating and cooling, different patterns of grouping buildings e.g. as windbreaks, as structurally part of a stand of trees, designed to fit in with the character of the terrain and bush,
ways of integrating internal and external spaces using pergolas, verandahs, screens, courtyards, ways of clearly differentiating private spaces in terms of size, creating insulating 'locks' or canals from more boisterous shared spaces,
ways of protecting privacy of the living areas from service functions, and the invasions of visitors and sightseers, innovating design features which ensure safety of children but allow them maximum independence—e.g. light switches in reach, plug points out of reach, small scale toilet facilities, etc.,
experimenting with means of introducing flexibility into design of buildings to allow for natural expansion contraction, i.e. organic changeuse of subcontracting, to draw on skilled craftsmen , hopefully our own, for particular work.
Services In discussing social relationships, we have indicated that the community will be arranged as a series of clusters each consisting of several living units arranged around a central area. This arrangement will make the provision of services simpler and cheaper than in a typical suburban development, since we will only have to run a few main lines to serve the whole co-operative, rather than creating a large 'tree' of lines. The way services will be provided will be to run a main line to a central hook-up point in the cluster, from which the individual living unit would be connected. We anticipate that the cost of running the services to the cluster would be paid for by the community and- that everything beyond that would be paid by the member. Road construction will be kept to a minimum, with the main criteria being access to the clusters for the largest necessary vehicles and adequate room for firefighting equipment. Depending on the layout we will probably have two classes of roads, normal access roads and combination fire and walking trails. The access roads will disturb the bush as little as possible, but must be kept in servicable condition so that they can be used by vehicles at any time. The roads to the city are excellent, a free-way is planned to Coldstream. The access road to the property is a Government road, and consists of 2+ miles of gravel. The provision of water is a problem since the property is on the outskirts of Melbourne, and we would not anticipate having mains water to the property. However there are several natural springs on the property so we do not have to depend purely on roof tank water for our needs. One possibility is to have two sorts of water, tank water for drinking and supplementary water from dams to supply lower purity needs. The sewage treatment will be a fairly simple sort, but designed so that excess water and nutrients do not get into natural water courses. We anticipate several stages of treatment consisting first of a septic tank for each dwelling unit. The outflow of tanks of a cluster would be connected and go to a trickle filter where the sewage would be biologically degraded through a series of ponds and then go to a primary dam in which fish and ducks could be raised. We hope to run the telephone and electricity services completely underground. This should present no problem in the case of telephone, since the Post Master Generals department (PMG) policy supports this. The telephone line to the house is underground. In the case of electric wires, we have to do a careful calculation of the costs involved and see if it would be possible. As well as the cost of running wires uaderground we might also have to pay some connection fee, though we hope not. The trenches for these lines will run along the access roads where possible. At present electricity is available in reach. The large house has its own plant. Any gas service will probably be, in the foreseeable future, L.P. (Propane) and this service will be from a tank or tanks in or near the cluster. (Presently available in Healesville). We intend to explore the possible use of alternative technology, such as solar energy, methane gas and particularly hydro power and windpower, given the mountain setting.
There are two aspects of finance that will be of interest to prospective shareholders. One is the financial arrangement of the Society and the other is the financial responsibility of each share holder. We plan to have eighty shareholders. Financial arrangements are to some extent regulated by the Co-operatives Act and Regulations, e.g. proper books are kept and reported on, and shareholders have limited liability. This section on finance is concerned with our financial intentions and the shareholders financial obligations.
THE SOCIETY —
A CAPITAL COSTS
B OPERATING COSTS
Payment for Shares
Cost of Housing
Sale of Shares
Total Cost to Shareholder
THE SOCIETY Capital Costs
I Land We financed the deposit on the land out of share capital, and the balance by mortgage. The mortgage and interest will be repaid out of the funds accumulated as shareholders progressively pay up their shares.
2 Community Assets All capital improvements, such as the development of the community centre and facilities are to be financed out of share capital.
3 Services The Society will be responsible for :
• All roads, tracks, etc., except private drives within clusters,
• A supplementary water supply (each household will use rain or spring water for drinking),
• Perimeter fencing of the site,
• Secondary sewage treatment,
• Site drainage,
• Probably electricity to the site and possibly solar energy and or wind power.
4 Establishment Costs Out of share capital the following will also have to be paid:
▪ Legal Fees
o Transfer Duties
o Registration Fees
o Secretarial and Stationery Costs
o Survey Fees
5 The Structure of Capital Costs per Share includes
Land & Equipment $225,000
• Interest over fifteen years (less if
paid off earlier) 140,000
• Services & Development 100,000
El Administration & Rates 15,000
6 Operating Costs The society will have a con-
tinuing need for funds to meet expenses such as :
• Rates—$800 per year
ID Petty Cash for Stationery, etc.
o Operation of Community facilities
It is proposed to raise these funds by an annual 'rate' or 'rent', which will be set yearly by the Community Council.
At first this may be of the order of $150 per year per shareholder.
1 The Share There are 360,000 issued $1 shares. A minimum ten per cent deposit ($600) must be paid on the shares and the balance paid off monthly in advance, over fifteen years. If an intending member is presently unable to pay the ten per cent deposit, loans can more than likely be obtained from the Cooperative or from individual members. The balance is subject to a compound interest charge of eight per cent per annum, or such rate as determined by the Council. The taking up of fully paid shares will be encouraged. Shares are expected to be subject to controllable capital appreciation, and thus should be equal in value to say $12,000 in ten years time (still worth a nominal value of $6,000). Each member will be issued with 6,000 $1 shares paid to IOC.
2 Rent This will be payable, in advance, for a period of not less than one month and not more than one year. Note Late payments of either the share or of rent will be subject to interest charge of ten per cent per year or one per cent per month ; advance rent payments will be subject to a discount of one per cent per month.
3 Building Each shareholder will be entitled to a building lot (500 square metres). Pending legal regulations and zoning restrictions, building lots will be subject to a 99 year lease. A lease cannot be mortgaged, nor can a house built on leased land be mortgaged. This means that individual shareholders will have to finance their housing by personal loans or cash (e.g. Life Assurance policies may be borrowed to ninety percent of their surrender values) or from the Cooperative.
4 Gardens A i
l, that also be leasable from the Society by each shareacreholder, or joint leases as desired by members e.g.
eight members could lease acre.
vegitable garden plot
5 Sale of Share The Sale of a share will be subject to the rules of the Society and the Council. The Society is to have first option to purchase. Share value shall be equal to the paid up value plus compound interest, e.g. the rate paid by Permanent Building Societies and calculated as if that share money had been deposited in such an account. We don't want to encourage investors but we also want to give fair value. Where a shareholder has a lease to a building site and/or garden plot, and that site and/or plot is improved, then a valuation is to be made of the improvements by the leasing shareholder(s) who shall then set a price in consultation with the Council. The Society is to have first option to the purchase of the lease and improvements on same. If the Society does not take up its option to purchase the shareholder(s) may only negotiate sale with potential purchasers approved by the Council.
6 Summary of Costs to Shareholder Based on total population of eighty members. Deposit on Share 600 Yearly Repayments up to 15 years (including interest) monthly $30 = 340
Yearly Rent 60 400 (a p p ro x.) $1,000
As has been pointed out at various intervals throughout this article, very specific plans for various aspects of this community have not yet been made. The actual form of the community cannot be known until we have all begun to live in it together. Our basic needs, in order to realise our goals and enhance our own power over our own lives, are sufficient space, land, time and people. With a style of living that involves diversity, openness, freedom and participation, we aim to continually work on the balance of our diverse and often conflicting individual and collective needs. We seek a dynamic balance between privacy and community, homogeneity and diversity, cooperative and private ownership, and between our inner community life and our wider social involvement. We need complexity and diversity to find freedom ; commonality and similarity for community ; and openness for growth. Each we feel is vital to the meaning and richness of the other, and the dynamics of combining them will give our lives the richness and meaning we strive for.