Re: Franchulates

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Pelanor Eldrich
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Re: Franchulates

Post by Pelanor Eldrich »

Here's a proposition for 4-31 - Franchulates

In an effort to expand Neualtenburg, in keeping with the Metaverse theme I propose the ability to create Neualtenburg franchises or "franchulates" on the Mainland.

In this scenario Neualtenburg acts as a trusted Mainland aggregator. The Guild sets up a new franchulate zone rate using two options:

1)Sets a Mainland global franchulate m2 rate when this best serves the city and the franchises.

2)Sets a LL tier proportion rate (such as 75%) when this best serves the city and the franchises. For example a holder of a 8,192m2 franchulate would pay $30USD in land use to the treasury instead of $40 to LL.

3)All franchulates are subject to the same rate, although this rate can be altered by the guild on the 21st of each month or by passing a bill in the RA.

Franchisees must be citizens and apply for franchulates which are approved by the Guild on a case by case basis. Approved franchisees are put on a waiting list so that the city may grant franchise when/if city tier allowance allows a mutually beneficial arrangement.

When granted a notarized Franchise License is held by the Guild and franchisee. The city buys the mainland and sells it to the franchisee. An escrow may be required prior to this transaction.

The franchulate is now Neualtenburg territory and subject the ToS, codes and constitution. A notecard, objects to be determined (flags?) and land info must indicate the franchulate status of the Mainland parcel. Franchulate land use fees are due every 21st of the month.

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Aliasi Stonebender
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Post by Aliasi Stonebender »

I don't quite get the point, here. LL lays claim to the mainland - well, all of SL, but the mainland is definitely the Linden "estate" - and no fancy talk with us changes the need to pay tier there.

Is this a case of "a city avatar gets the full sim tier discount, and we pass it along to the consumer"?

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Pelanor Eldrich
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Yes, passing on the savings to the consumer.

Post by Pelanor Eldrich »

Here's an example of things that happened recently:

1)A citizen with mainland interests wanted to move to a basic account and pay NB $30/month instead of $40 to LL/month for 8,192m2 of his mainland.

2)A foreign financial institution wanted the protection of the NB commercial law and SC structure to solve the "trust me" problem. This institution had a large non-bavarian build on 5,188m2 and wanted to continue doing business there.

3)A club startup wanted a land deal on 8,192m2 and the ability to transact certain retail business with SC structure to give aggrieved clients possible redress. Naturally they also wanted a break on tier costs.

#1 is a franchulate candidate, #2-#3 are either franchulate or branch commercial licensing candidates. If all 3 wanted franchulates and we adopted a 75% LL tier franchulate rate, the city could tier up to 16,384 of mainland, buy all 3 plots, sell them to the franchisees and pass savings onto them *without* changing the rate structure for current citizens with land inside NB. In that situation, #1 pays $30, #2 pays $30 and #3 could subdivide the 8,192 parcel into private land and a 3,000m2 franchulate parcel and pay $18.75. On this opening of 3 franchulates, the city would make $3.75 in land use per month profit.

If we started acquiring larger mainland tier, like 65,535m2, we could offer a competitive global mainland m2 rate.

If only #1 wanted a franchulate, we'd put him on the waiting list, because we can't get 8,192 any cheaper than he can. All it would save him is the premium account payment.

Pelanor Eldrich
Principal - Eldrich Financial
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