X-Message-Number: 2382
Date: 08 Aug 93 15:54:33 EDT
From: "A.J. Clifford" <>
Subject: CRYONET : Acoma Building

I would like to thank Ralph and Brenda for sending their letters
detailing the options regarding the proposed Alcor move to Arizona.

Since the opinions of Alcor members on this side of the Atlantic have
been invited we would like to comment and perhaps contribute to the
overall debate.

There is a lot of merit in both proposals and the subject was discussed
at the recent (Aug 1st) Alcor U.K. meeting.   It must be said that no
one point was unanimously agreed upon (except the fact that moving from
Riverside is a very good idea).

Moving from the L.A. area does have two downsides.  It means leaving
(one of?) the greatest concentration of suspension members behind; and
for overseas members the convenience of an international airport
behind.

Nevertheless almost everyone liked the Acoma building and are keen to
see more information about it.  We also thought that the Comos proposal
has enormous potential and should be investigated but not to the
exclusion of the Acoma building purchase.  Both proposals are not
mutually exclusive.  It was suggested that Alcor should purchase the
Acoma building and promptly move in while maintaining a developing
partnership with the Comos.  *If* the Comos building is built two or
three years later Alcor could move into that - which should be the last
move required of it - and sell the Acoma building or rent out the 3
units that it would have been occupying.  Relocating elsewhere in
the same suburb at leisure is no problem at all.  

Alcor would be renting 8 units of the Acoma building and it has been
pointed out on Cryonet that the board has no experience of commercial
letting. This is not an issue as a management agency can be engaged who
would be entirely responsible for the tenants in exchange for
commission off the rent earned.

It may be a good idea, if Alcor relocates out of California to
publically commit itself to eventually opening a small office with an
emergency response vehicle somewhere in the middle of California.  This
could not be done for a few years but should be feasible when Alcor is
large enough.
	
Speaking for myself I do not see why the P.C.T.F. cannot invest *some*
of its money in real estate.   This is a universal, conservative and
sensible investment which every house-owner can attest to.

Best Regards,

Andrew Clifford.

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