Get In on the Ground Floor with Snohomish Cohousing
Please make all payments to Everegreen State Sustainable Communities and mail to Dean Smith,
3007 Federal Avenue #1, Everett, WA, 98201 or bring to one of our meetings.
Social meetings: Fourth Sunday of the Month
NOTE: We will skip the January 2019 meeting
Location: Evergreen UU Church, 1607 4th Street, Marysville, WA
3:00 - 4:30 PM, prior to our business meeting.
Bring finger food to share, and experience what it is like to be in community with people -- sharing food, ideas and conversation.
Everyone is welcome to attend and participate. Learn about cohousing as well as experience it.
Bi-Monthly Business meetings:
Because of incliment weather, we will skip the January 10, 2019 meeting.
For people who want to get involved in the planning and decision making of our cohousing community.
Second and fourth Sundays of each month.
Location: Evergreen UU Church, 1607 4th Street, Marysville, WA.
4:30-6:00pm (note- times may change, email if you are planning to come)
Members can vote on issues & decisions
Nonmembers may attend and participate in the discussion but may not vote on issues and decisions
We plan to have site visits to the property on the second Sunday of each month. Please call, text or eMail us to confirm your visit.
Dean or call 425-328-9979. Jennie or call 206-818-7650.
Levels of membership
Explorer: We do have expenses so we ask that those exploring the idea of cohousing with us contribute
$100 for the privilege of attending any of our meetings and visiting the site for a period of two months.
Investing members: If you are serious about membership and want to get in line for a home at
Sunnyside Village Cohousing, we ask that you make a contribution of $1500. This amount is applied to
the downpayment on your home and gives you the right to vote on issues.
Full member: Establish a financial contribution plan toward the building of the village.
At $52K/member if we start with 10 members. All contributions will be in the form of loans to our legal
development entity (Evergreen State Sustainable Communities). They will be secured with a promisory
note to be paid in the form of credit for downpayment on a house or liquidation (with interest) in the
event of the termination of the project. Interesst is to be deermined by the group.
Investment philosophy: We will invest in development in chunks designed to minimize risk. For
example, we could invest $100K in engineering for the roads and utilities. That investment would add
considerable value to the land, even if it were not actually completed. That raises the total value of
the project to a point where we would make a profit to be distributed to members even if the project were
not completed. By continually monitoring total value of the project, we can minimize risk. Today
developed or developable real estate is a very good investment in the Northwest. In 2017 developed real
estate in Snohomish County increased in value by 17%.