One of the two standing proposals CDS had received for adding a sim is the suggestion from Virtus to move the Monastery (now on Alpine Meadows) to a new openspace (reduced price) sim, directly south of Locus Amoenus. The prior discussion of this proposal can be found here:
http://forums.slcds.info/viewtopic.php?f=8&t=2069
Advantages to CDS of returning to this proposal would include:
* An already-planned suitable terrain that adds to our mountainous Alpine character, which we know is popular and appropriate
* Filling in the visual terrain gap to the South of Locus Amoenus
* Virtus' offer, if they still are willing to proceed, to provide the investment funding either in return for the first sale revenues (essentially the same as our Private Development Act, though with ownership differences due to Linden Lab's rule changes) or with some sort of arrangement for a secondary guarantee of tier payments for the rental parcels
* The number of new tenants required to break even is fairly small (you may recall that the original map plan involved 6 or 8 small parcels clustered around a downslope water feature, in addition to the Monastery space southward up the hill
- The plan relies on selling the current Monastery space, but given the popularly of Alpine Meadows, I do not expect that to be a problem.
Here are the steps I expect we will take:
* I will, working with Sudane and others, confirm whether Virtus still is willing to proceed with the proposal and the exact terms.
* If I can obtain that confirmation by 6 April, I will plan to bring legislation to the RA posted on 7 April for its consideration at its meeting tentatively set for 12 April. I expect that legislation would include
-- the exact terms,
-- the physical location (south of LA),
-- rental rates for the new properties, likely based on average CDS per-prim rates,
-- a proposal for disposition of the present Monastery land (it's possible that it would be in CDS' interest to make it part of the bargain that this lot be re-parceled, as we have high demand for small lots in AM but very few lots),
-- written confirmation from Virtus, and
-- a schedule, with deadlines that will terminate the transaction if not met.
* Note that this schedule allows the Guild to give further views on 5 April if it wishes.
Regards JP