Murray Property Update

Access, Rehab Projects, Derbyfests and more...
Lucinda
Posts: 140
Joined: Mon Oct 07, 2002 10:21 pm

Post by Lucinda »

I would imagine that non-profit status would be essential for attracting serious donations. What is the time frame on obtaining that Gretchen? Also, if the boundary and therefore the acutal area is unknown, can the purchase price be negotiated fairly? or do you leave the final area to be determined and paid for at some later date? Has anyone thought of obtaining a boundary survey as a donation? Any registered Ky surveyors out there that also climb? A strategy some non-profits use is to create a restrictive covenant on the property ie. to allow access for climbing, and then grant the property owner some nice tax deduction. This would work if some wealthy person owned the property, needed a tax break and was interested also in securing access. May not be in the mix.
"real life bleeding fingers..."
Gretchen
Posts: 2064
Joined: Fri Sep 20, 2002 1:16 pm

Post by Gretchen »

Doesn't apply to this purchase. So far we have not been able to find a survey crew willing to donate their time which would normally run $15,000. If anyone knows someone that will do an excellent job, PALEEASE helps us our with that! Also the Murray's are very pro-climber and they want to work with us in every way possible. Negotiations have gone extremely well and they are willing to work with us.

So the point being whether we need to raise $200,000 or $500,000, we still need to raise the capital and climbers have to take responsibility and dig deep into their pockets! This is not a onetime donation, this will be ongoing. We are looking into the most aggresive way to handle the purchase, to raise the most money sooner not later. So the better the response, the smoother the deal!
Just genuinely disengenuous.
Guest

Post by Guest »

has the option of breaking the land up into parcels so that individuals can buy chunks of land been discussed? I know at least 2 climbers who would be interested in this. If there is a way to set up a restrictive covenant to allow climbing and offer the land owners a tax break, even better!
Guest

Post by Guest »

also, when will non-profit status be in place for the RRGCC?
Gretchen
Posts: 2064
Joined: Fri Sep 20, 2002 1:16 pm

Post by Gretchen »

Yes, that is on the table for discussion and yes that it is in the works, not sure of exact time when done though.
Just genuinely disengenuous.
captain static
Posts: 2438
Joined: Mon Oct 07, 2002 6:05 pm

Post by captain static »

As far as choosing a surveyor (&Johnny correct me if I'm wrong), it is best to go with someone local. First, a local surveyor will be more familiar with the area and will be more efficient in collecting the required info. Second, the farther away a surveyor is, the more you will have to pay in travel expenses.
"Be responsible for your actions and sensitive to the concerns of other visitors and land managers. ... Your reward is the opportunity to climb in one of the most beautiful areas in this part of the country." John H. Bronaugh
Johnny
Posts: 580
Joined: Thu Sep 26, 2002 9:28 pm

Post by Johnny »

Absolutely Cap'n! Local knowledge and relationships w/ landowners can be very helpful.
Guest

Post by Guest »

Gretchen wrote:Yes, that is on the table for discussion and yes that it is in the works, not sure of exact time when done though.
Thanks, teamie!
Gretchen
Posts: 2064
Joined: Fri Sep 20, 2002 1:16 pm

Post by Gretchen »

No problem sista!
Just genuinely disengenuous.
tomdarch
Posts: 2407
Joined: Wed Dec 04, 2002 9:22 pm

Post by tomdarch »

Lynne wrote:has the option of breaking the land up into parcels so that individuals can buy chunks of land been discussed? I know at least 2 climbers who would be interested in this. If there is a way to set up a restrictive covenant to allow climbing and offer the land owners a tax break, even better!
There are a lot more than 2 people interested in this. It's a complicated process and has some 'political' implications (the non-profit RRGCC shouldn't appear to be just another real estate developer), but makes a good deal of sense as a way to pay for the preservation of the crags. I'm assuming in all of this that we're talking about 'camping' parcels, rather than land that could have full-time housing built on it. (That gets much, much more complicated and might not be appropriate for the purpose)

Out of the large number of Chicago clmbers who are very interested, you've got offers of assistance from an architect (me) and a civil engineer who works for a deveopment management company to assist with the design and engineering of parcels.

I understand that there are people who don't think that this is a good idea - I think that there are some 'non-fatal' issues, but I would really like to hear other people's issues and concerns.
Post Reply