One of the two standing proposals CDS had received for adding sims is the suggestion that we join with the Al Andalus estate. Prior discussion of the proposal occurs in several places, including here. Advantages to CDS of returning to this proposal would include:
* A fully realized and themed estate with first-class builds, strong publicity and a vital cultural life. (In fact, the number of subscribers in the interest-group SL list for AA, a year old, is about triple the size of our 5 year old fan-club list.)
* A provable track record of positive cash flow and well rented space. Thus, little or no need for new tenants to make the combined estate feasible.
* Strong pre-existing ties between the two communities.
Here are the steps I expect we will take:
* I have read in detail the financial figures and rent rolls for the rentable AA estate. They are confidential, for the same privacy and other reasons we keep that data confidential in CDS. I would like to ask AA to share those detailed numbers also with Sudane, under similar confidentiality conditions, so that she also may confirm to CDS that the rental situation there looks reasonable positive and feasible.
* The disposition of AA's openspace sims (as opposed to its two main rented sims) also must be addressed. AA holds several of them as rented space, and several under special reduced rates as a nonprofit organization. I expect that our proposal to AA (see below) will (a) include picking up the rented openspace sims (as that's a net positive to CDS), and be part of Sudane's exam; and (b) depending on GMP feedback and the financial cost, include taking the option on some of the unused voids, to fill a few of the places we now expect to have CDS buffer voids in the GMP. (See the 'pelagic' spaces on the old and new GMP maps.)
* If I can obtain confirmation from Sudane of the rent roll stability, by 6 April, I will plan to bring legislation to the RA posted on 7 April, for its initial consideration at its meeting tentatively set for 12 April (see footnote 1). I expect that legislation would include:
-- The exact terms;
-- Bringing all of AA under CDS administration and law;
-- Adjustment of CDS law to permit the market/souk rental (non-owner-operated) activity currently used in AA;
-- Ownership details for the AA sims, in which the current nonprofit status would be maintained to preserve the low rates, but made subject to control by (but not merge with) our current estate ownership arrangements (see footnote 2);
-- Continuation of the current rental rates for the new properties, but subject to a later 6 month vote or referenda (see footnote 3);
-- Confirmation from CDS to the AA community that
(a) changes to major structures or the theme will not occur and are subject to the same protections afforded our existing themes under CDS law,
(b) a number of RA members will be added based on the then-qualified number of AA residents (calculated under CDS rules), eliminating CDS duplications (but in no case less than two), filled by special election by the AA residents to serve the remainder of the current RA term, and
(c) CDS will initiate one of its new local sim event programming panels for the AA estate;
-- Confirmation from AA to CDS of any known tenant losses expected as a result of the estate combination.
-- No relocation of the AA estate at this time, but a contingent delayed relocation plan bringing both estates together in a place (on the absolute LL map) that preserves expansion possibilities and publicity advantages, based on a 6 month vote or referenda (see footnote 3);
-- written confirmation from AA; and
-- a schedule, with deadlines that will terminate the transaction if not met.
Regards JP
[footnote 1] I expect this process will take longer than a single RA meeting, but propose to bring a drafted bill to the tentative 12 April meeting. I will also propose a town hall schedule, and a deadline for final action likely within a month, at that time, so that we do not get locked into one of the "ancien regime" CDS extended gabfests. Of course, it's also possible that the AA owners will have their own requirements or deadlines; I haven't explored that with them.
[footnote 2] It may be that CDS will itself want to take advantage of the nonprofit Linden rates, but that would require more corporate activity than I believe we should attempt on a short schedule. I expect that latter topic to be a point of discussion later this year. For now, it should suffice to have the nonprofit entity that owns AA under the practical control of known trustees, rather like (and I'd expect including) Sudane and her current role in CDS.
[footnote 3] As part of this legislation I expect to propose two delayed actions. One, to be held at the same time as the next CDS general election (roughly July 2009), is an RA vote to move the two parcels to contiguous space. I will propose that the current RA initiate that motion, and choose whether to submit the question to a referenda during the general election. The second, which I will propose to be considered by the new RA after that election, is a unification of rent rates (on a per prim) basis across all then-CDS estates including AA. I do not think that we should consider a change to AA rates immediately, as a stable rent roll is a primary factor in our planning.