Difference between revisions of "LoadOfFun"

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* Rent is $600 / month. Initial cost would be 1200. (first month's rent + $600 security deposit).
 
* 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.
 
* 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.
+
* Need liability and theft insurance, could get hookup through LoF's own insurance company. Sherwin suggested it could end up around 100 a year.
 
* 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.
 
* 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.
  

Revision as of 02:20, 3 July 2009

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


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

- - -

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. Sherwin suggested it could end up around 100 a year.
  • 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