Current Consensus Items: Difference between revisions
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: $10,000/mo for year 1. | : $10,000/mo for year 1. | ||
: $1,000/mo rent step-ups per year (up to $13,000/mo in 4th year). | : $1,000/mo rent step-ups per year (up to $13,000/mo in 4th year). | ||
: Purchase option costs $10,000 first year, then $20,000 years 2 and 3. | |||
: $1.33/sqft/mo is a good below market rate, but a $3,500/mo increase from our current location in first year | : $1.33/sqft/mo is a good below market rate, but a $3,500/mo increase from our current location in first year | ||
: Total cost for lease over 4 years: $552,000 | : Total cost for lease over 4 years: $552,000 + $50,000 in Options = $602,000 | ||
: Renovations are expected to cost $50,000 in the first year, broker fees and other licensing expected to cost around $10,000 | |||
: First year outlay: $205,000 = $120,000 in rent, $15,000 security, $20,000 fees and options, $50,000 renovations | |||
: Note this is $80,000 above our current yearly revenue, meaning we will draw $80,000 from saving, plus any additional moving or unexpected costs | |||
; Conditions | ; Conditions | ||
: We need more expert guidance around the permitting and zoning of 668 Guerrero in order to make an informed decision. | : <s>We need more expert guidance around the permitting and zoning of 668 Guerrero in order to make an informed decision.</s> | ||
:: Current permitting issues put 2169 occupancy at risk for $92,000, though Perkins Coie is reviewing Pro-bono | :: Current permitting issues put 2169 occupancy at risk for $92,000, though Perkins Coie is reviewing Pro-bono | ||
:: Without clear plan to avoid fees, 668 Guerrero may be at similar, though lower cost, risk | :: Without clear plan to avoid fees, 668 Guerrero may be at similar, though lower cost, risk | ||
: Our Perkins Coie advisor will come back at the 6/18/2019 meeting to share her findings. | : <s>Our Perkins Coie advisor will come back at the 6/18/2019 meeting to share her findings.</s> | ||
: Noisebridge is reviewing current draft to make sure it is in line with Noisebridge Priorities | |||
UPDATE THIS CONSENSUS ITEM APPROPRIATELY. | UPDATE THIS CONSENSUS ITEM APPROPRIATELY. |
Revision as of 03:30, 20 June 2019
This is a page for hosting consensus items currently under debate, with their formal wording.
Is your consensus item still drafty, in need of much revision, and not something that you think people already can more or less agree with? Perhaps it belongs on the Draft Consensus Items page, instead?
The Consensus Items History is the public record of consensus items that have been decided on in the past. Please move the records from the "Current" page to the "History" page once they've been approved/blocked.
Date First Discussed | Proposed By | Informal Title | Summary | Author of this Record |
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6/04/19 | Tyler Maran | Sign Lease for 668 Guerrer St. | Move NoiseBridge to 668 Guerrero St
Noisebridge signs lease for 668 Guerrero St.
UPDATE THIS CONSENSUS ITEM APPROPRIATELY. |