I've been looking at the CDS laws lately as I've been wondering what the procedure is for selling a sim as itt appears that despite everyone's best efforts, the yellow spots are still increasing, with LA and CN being the most vacant. At what point do we decide that those sims just aren't attractive to new citizens and develop different sims? Perhaps sims with more appeal than Roman themed ones?
Since I really didn't find anything in the laws that relates to the selling of a sim, I would like to propose the following legislation for consideration and that this proposal be put on the agenda of the next RA meeting.
Even though the CDS is sitting on roughly $17,000 and it will take a lot more yellow spots to impact that pile of cash, the day may come when that pile is gone or is needed to move to a new grid if/when SL finally goes offline.
Thanks in advance for your input.
Felicia
The Responsible Estate Management Act
In the Confederation of Democratic Sims it is the responsibility of the CDS government to ensure that the estate is financially managed in a responsible manner with an overall goal of keeping CDS in the black.
Tenancy fluctuations and long term vacancies can negatively impact the financial health of the estate. This bill establishes parameters for selling a CDS region if it remains vacant, in the red and a financial liability.
If a region in the CDS falls below 65% occupancy, measured by square meters leased of the total available leasable square meters, for more than three months, the Chancellor is empowered to take steps to sell the region.
The Chancellor will determine the sale price of the region based on the average market sale price for regions of that type at that time.
The Chancellor must give 14 days notice to all CDS citizens of the intention to sell a region both on the CDS forum and in an in-world CDS group notice.
The Chancellor must give 14 days notice of the sale to the citizens of the region via notecard.
Citizens of the region being sold are responsible for abandoning their land and taking refunds of their tier balance from the tier meters before the date of the sale.
Available parcels in the region that is scheduled for sale will remain available for lease during the 14 days, making it possible to bring the occupancy level above 65% prior to the sale date.
During the 14 days prior to the date of posting the region for sale, the RA has the authority to convene a session and override the Chancellor’s decision by a majority vote.
Three days prior to the sale date, the Chancellor will conduct a survey of occupancy on the region marked for sale. If the level of occupancy is 66% or greater at that date the sale process will cease.
On the date of sale, if tenancy levels have not risen to the necessary amount, the Chancellor will clear the region completely of all objects before placing the region for sale.
The Chancellor can confer the responsibility of clearing the region on a CDS estate manager.
At the Chancellor’s direction, Rudeen must place the region up for sale in the For Sale By Owner group. The Chancellor is responsible for writing up the text for the sales notice and for giving it to Rudeen.
Money from the sale of the region shall remain in the general CDS account (Rudeen).
Neufriedstadt is excluded from this act. Given the history of the region and the significance to CDS, Neufreidtadt will remain until it is no longer able to pay for itself or SL service ends.