Mosaic Commons: Cash Call 1/2001

• When the Community determines that additional funds are needed for our project, we will hold a cash call.
  
  
• The Community will give notice to all Member households at a General Meeting, and will publish the call within three days via email or any other method necessary to reach all Members. If Members are going to be out of email reach, they should let the Community know how they can be reached.
  
  
• Within seven calendar days from the Meeting date ("Notice Period"), Members who wish to contribute towards the cash call will notify the Finance Committee in a confidential communication by email or phone. Members will specify how much they are able to contribute. The Finance Committee will acknowledge receipt of the notice.
  
  
• The Finance Committee will then determine the amounts due from all of the Members willing to meet the call. This will be done proportionally according to the amounts proposed by all responding Members.
  
  
• If the Cash Call cannot be met, the Finance Committee will notify the Community by phone or email within two days after the end of the seven day Notice Period to let them know that we cannot proceed until additional funds are volunteered