LoadOfFun

Notes taken by Abachman, in the order I wrote them down.

• 8 people came, Adam, Sylvia, Kelly, Patrick, Mark, Matt, Jon, Steve.

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Access and Events

• No limits on hours.
• Keys to the space's street front door can be made (with permission) to just about any extent. Keys to the Load of Fun building will be limited.
• Generally, noise is fully tolerated. Some limits on noise, depending on events scheduled on the public calendar.
• Anything over 25 people is a "public event" and needs to be scheduled/coordinated with the management.
• Alcohol may be served, but cannot be sold. Additionally, great care must be taken to card all guests. So, you can charge for tickets, but alcohol is free.
• The Loft is available on a daily basis, cost is percentage of door and percentage of drinks(?), usually $150 - $200.

Physical space and Customizations

• We could install direct water and heavy power lines, but that would be our responsibility.
• Doesn't want to install blast doors, although we didn't push the issue.
• Area measures: 18.5 by 36.75 feet. ~700 square feet. Ceiling for about 1/3 is 7 ft, the rest is about 12 feet (appx.)
• Approval required before fixed construction.
• We have roof access and it's "definitely no problem" to put stuff up there.

Lease Terms and Costs

• Rent is $600 / month. Initial cost would be 1200. (first month's rent + $600 security deposit).
• 1 monthly bill for utilities depending on usage, which is calculated by the landlord based on members, activities, equipment, etc. Approximation. Could range from $100 - $200 a month.
• Need liability and theft insurance, could get hookup through LoF's own insurance company.
• Lease would start August 1st and last for one year. After the year, it will not automatically renew and instead becomes a month to month agreement. Kelly will inquire about the possibility of a six month lease, which may or may not automatically renew for another six months before becoming month to month.

Intangibles

• The spaces move fast. No vacancies in four years.
• The landlord / mgr. (Sherwin) likes what we're about, willing to put us ahead of the waiting list in the interest of supporting what we're about.
• Building right now has 19 studios, 34 people, all kinds of artists. We saw the studios of a digital printmaker, sculptor, custom furniture maker, costumer, and painter.

Pros

• Cannot be beat for visibility and community (already exists as an event space and gathering place for artists and creatives).
• VERY tolerant landlord.
• Active arts community inside the building and in the neighborhood.
• Available.
• Within reach, price wise. (would require ~10 members @ $75 monthly to fully support rent and utils).

Cons

• No central AC or central heat.
• With large streetfront windows on North Ave and no rolling garage-style security door, security may be an issue.
• We will need to run additional power lines, and possibly a new circuit box we can access. This may be as much as few hundred dollars, but won't be necessary right away.
• The door is relatively small