Phase 2 Associate Membership Now Open!

As I mentioned in the last Phase 2 Update newsletter, my work is now focused on obtaining County approval and building membership. Good progress has been made in both those areas, but I'm going to wait until the next newsletter to provide that update. I'm going to devote this entire newsletter to rolling out Associate Membership.

Membership in Phase 2 will basically happen in two stages:

1. Associate Member - $1000 fully refundable deposit saves you a spot in Phase 2, the lot selection queue, and the carport selection queue
2. Full Member - $12,000 non-refundable deposit holds your a spot in Phase 2, the lot selection queue, and the carport selection queue. Because Full Membership involves a large non-refundable deposit, I won't be asking you to make that commitment until more Phase 2 details are nailed down, including County approval of our Conceptual Development Plan and a firm estimate of lot and home costs (probably around yearend). Once Full Membership is available, Associate Membership will go away. Associate Members at that time will need to make the non-refundable deposit or lose their place in the queue.

The benefits to you of becoming an Associate Member...

• Provides you with a no-risk way to save your spot in Phase 2. Associate Member deposits are fully refundable at any time for any reason. If you change your mind and decide you don't want to be an Associate Member, I will promptly refund your entire $1000 deposit. Saving your spot in the queue is important because if there are 15 households that want to buy a Phase 2 lot, but only 10 lots are developed, the first 10 in the queue will get to buy them.
• Saves your place in the lot selection queue. The lot selection queue determines the order in which members will choose their lots. Not all lots are created equal. Lots will be priced based on size, amenities, location, etc. so getting to pick your lot sooner means more choice about price, size, amenities, location, etc. The sooner you sign up, the earlier in the selection process you'll get to choose your lot.
• Saves your place in the carport selection queue. This is the same as the lot selection queue, but it pertains to selecting carports instead of lots. Members signing up earlier get to choose first.
• You'll be invited to participate in onsite Associate Member workshops and provide input into various aspects of the Phase 2 design.

The benefits to us of having Associate Members...

• Gives us a clear idea of who is seriously interested in pursuing Phase 2 Membership. Before moving forward with expensive development work, we need to know that there is strong interest.
• People seriously interested in Phase 2 providing us with design input is a valuable resource and helps ensure that Phase 2 will be built in a way that best meets the needs of its future residents.

Back in 2009 we attempted to develop Phase 2, but were unable to because the highway department (CDOT) would not issue us an access permit until our highway intersection was upgraded. That upgrade has now been completed and we have our CDOT access permit. We still have a couple of Associate Members from 2009 who chose to hold onto their spots in the queue. Additionally, two Phase 1 households have signed up for Associate Membership, which means that we currently have four Phase 2 Associate Members. 


To become an Associate Member...

1. Respond to this email letting me know you have decided to become an Associate Member.
2. Mail a check for $1000 or make arrangements with me for some other form of payment. Checks should be made out to Tara Development and mailed to Mac Thomson, 800 Heartwood Lane, Unit 16, Bayfield, CO, 81122. The order in which payment is received determines the order in the queue.

I realize that this is a big step forward and I want you to have all of your questions answered. If you have any questions that are making you uncertain about becoming a Phase 2 Associate Member, please don't hesitate to reply to this email with your question or give me a call at nine-seven-zero-903-9751.

Yours in Community,
Mac

Phase 2 Project Manager