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ruggles center answers to cpc questions DAVID RUGGLES CENTER answers to CPC questions Answers to questions one and two are combined below question 2 1. Please provide a development budget or operating budget- for the unit in the proposed condo that would house the center or for the condo overall. 2. Please provide a budget for predevelopment funding for between January and July, 2009. PREDEVELOPMENT BUDGET (October 2008 to January 2009) Income Income from fundraising $75,000 to $125,000 Income from CPC grant $150,000 Total $225,000 to $275,000 Expenses Fundraising cost to Wunderarts $5600 Printing, postage, adverstising costs, etc $1000 House parties, fundraiser expenses $400 Miscellaneous $1000 $215,000 to $265,000 Net DEVELOPMENT BUDGET (JANUARY 2009 TO JUNE 2009) Income Income from continued fundraising $25,000 to $75,000 Expenses Purchase of 225 Nonotuck Street $180,000 Closing Costs $2000 Cost of initial renovation/restoration $40,000 Furniture, lighting , mounting, etc $2000 Computers, scanner, printer $3000 Miscellaneous $5000 Net Balance $8,000 to $108,000 MONTHLY POSTDEVELOPMENT BUDGET The income for the Ruggles Center will come from a number of sources: fees for guided tours of Florence Historic Sites; sales of books, maps, t-shirts; annual membership fees, grants and donations. On the expense side I asked for figures from the Florence Civic and Business Association to use for catergories of expense and to get a general idea of costs from a grassroots non-profit with its own building to take care of. Loretta Gougeon, the FCBA, treasurer was kind enough to gather these June 2007-June 2008 figures for the FCBA. Annual FCBA expenses Gas 1867 Electric 1086 Phone 0 108 Insurance 1746 Cleaning 0 896 Water and Sewe(est) 360 Copies 75 Supplies 150 Miscellaneous 150 Snowplowing is a donation 6438 Total Taking some of these figures and cutting them by 25% due to the smaller size of the building and adding others that will be specific to the DRC, should give us an approximate idea of what our monthly costs would be. Annual Expenses Gas 1400 Electric 814 Phone and Internet 480 Condo fees (including water, sewer, capital fund, plowing, landscaping, etc 1800 Insurance 1309 Exhibit preparation 1000 Supplies and Miscellaneous 225 7028 (585 per month) Total Monthly Income Tours 150 Publications 50 Membership 150 Grants for exhibits 85 Fundraising 150 585* Total Monthly *Menu of income categories and their contribution presented at minimum to fund expenses. We would expect proceeds beyond this once we are fully operational. 3. Will CPA $$ be used exclusively to purchase the house at 225 Nonotuck St? Explain please the statement on p. 15: “If for any reason the developer is unable to complete his plans for the buildout at the site we would reserve the ability to use the funds allocated by the CPC to purchase the property outright should a fair price be negotiated.” We will use CPA funds exclusively to purchase the house at 225 Nonotuck Street. Renovation and operating expenses will be covered by our fundraising efforts. The statement cited from page 15 seeks to add a contingency plan should the developer fail to get the permits or financing to allow the larger condominium project to proceed. In this case we request that the CPC allow the CPA funds to be part of a financing package that would purchase the house and property in its current configuration. The total amount for this eventuality might be more or less than the agreed upon price for the house as a condo unit. 4. The DRC is a very young organization, est. April 2008, and therefore, has not established a record of successful programming and fundraising in our town. Considering the size of this request, there is risk involved in funding this “untested” organization. Please speak to this. There are several advantages the DRC has relative to other young and “untested” organizations: 1.The DRC is one of two organizations under the 501c3 umbrella The Committee for Northampton. The other organization is the Sojourner Truth Memorial Statue Committee. The STMSC has pledged its full support for the DRC. The educational mission of the DRC complements curriculum development goals of the STMSC and will provide a research base for the materials that are produced by the STMSC. Two members of the DRC are also members of the STMSC and were involved in the sometimes difficult committee work that led to the successful installation of the statue in 2002. Emikan Sudan played a vital role in establishing the Sojourner Truth Scholarship for Social Justice which has now given six scholarships to deserving high school seniors. The experience in fundraising, programming and community outreach that has made the STMSC such a success will help the DRC achieve its goals. 2.On page 81 of the DRC application to the CPC are brief biographies of some of the principals involved in the DRC. Members have training in museum development, historic preservation, architecture, archaeology, printing and publishing, website development, and community outreach. These founding “Board” members have all pledged their own money to the project and are working closely with Nora Maroulis of Wunderarts in Amherst, a successful non-profit fundraising organization. 3.The David Ruggles Center continues the work of the Florence History Project that accumulated the voluminous files on Florence history that will form the core of the archive at the DRC. Hundreds of people have attended programs and walking tours sponsored by the FHP that are now continued by the DRC. 4. Page 14 states, “…we formed the David Ruggles Center as a dba of the Committee for Northampton…”. What is a dba? Is the DRC a 501c3 in its own right? The DRC is not a 501c3 in its own right. Like the Sojourner Truth Memorial Statue it is a project of the Committee for Northampton, Inc. “Dba” is short for “doing business as.” 6. If the house becomes part of a condo complex, who will own it? The Committee for Northampton, Inc., as the umbrella 501c3, will be the owner. 7. How will ongoing condo maintenance fees be provided? The percentage shares of the units will be determined at the time of incorporation for the condominium association. The DRC will pay its percentage share of the condo fees as determined by the directors of the condominium association. 8. What will happen if the condo project is not successful? See response to question three for the possibility that the developer might fail to get permits or financing. If the project is built and the developer is unable to sell the other three units then the bank holding the paper would become the owner and sell the units either at auction after foreclosure or at a reduced price avoiding an auction. In any case the DRC, it is my understanding, would not be liable for the outcome of the other three units. This is indeed how the Davis Block Condominium proceeded: the bank foreclosed on the developer, sold the units to recoup a portion of the loss and now the current owners operate with Collective Copies, a preexisting owner in a functioning condominium association. 9. How will the Center be made predictably accessible to the public? The budget described above does not have an item for salaries for paid staff. We intend to make the Center accessible for regular hours throughout the year through volunteer staffing and “by arrangement”. Committee member Amy Bookbinder has offered to staff the DRC. Steve Strimer and Mark Wamsley also believe they can take a weekly shift. Training and recruiting volunteer docents and research assistants will be a challenge but one we feel up to especially as the DRC, once open, should attract additional interested volunteers. The pool of retired scholars participating in Learning in Retirement could provide docents as well. Members of the Sojourner Truth Statue Committee are also a potential source.