[Scpg] [sbperm] Transition Town has a way to create homesteads aka "land co-oper...

[LBUZZELL at aol.com]

Thanks for this, Ann. I've forwarded it to Paul Edwards for his  comments.
 
I can see that our "Community Governance" and "Finance/Economics" teams are 
 going to be a key part of Transition here in Santa Barbara!
 
See you at the Transition Potluck at Alameda Park at noon tomorrow!
 
Cheers,
 
Linda
 
 
In a message dated 4/24/2009 9:37:45 A.M. Pacific Daylight Time,  
Ahcros at aol.com writes:

Linda and Friends,
The Transition Town movement has  created a legal structure called a 
"Community Interest Company" that  could be used to transfer property into 
co-operative status,  create permaculture homesteads, and thus give access to land. 
  

A  CIC can be "for  the use of people who want to conduct a business or 
other activity for  community benefit, and not purely for private advantage. 
This is achieved by a  'community interest test' and  an 'asset lock', which 
ensure that the CIC  is established for community purposes and the assets and 
profits are dedicated  to these purposes."  
 
The way I see it,  a CIC could be used to create stable and long-lasting 
permactulture  homesteads!  This is exactly what we want to encourage.  So a  
CIC could be used by older folks who have land, as a  vehicle to transfer 
their properties into co-ops that benefit a  younger generation -- those with 
the vision and strength to make  permaculture homesteads happen.    



 
I really think that we could try to light a fire as to the legal  
advantages of a CIC.  Right now,  apparently it is a legal structure only in England. 
 We would have to get  our own US version of a CIC to get these benefits 
(see the URL  below). 
Can we ask Paul Edwards to address this issue in his upcoming talk,  
including 1) the CIC as a co-operative that fosters inter-generational  transfer 
of property and 2) the possibility of CIC's for our  country?  Can we move 
this forward in our local permaculture  efforts?   
For those permies who don't yet have access to land,  this could be pretty 
important. 
Thanks, 
Ann Crosby 
967-6755  
PS: Find more info at 
_http://www.cicregulator.gov.uk/Leaflets/CICBenefits.pdf_ (http://www.cicregulator.gov.uk/Leaflets/CICBenefits.pdf) 

 
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