Is Finsbury Park still on the table?
How long can HS remain in storage before "Day Zero" ?
What would happen on Day Zero when there is no more money to pay for storage?
What lessons have been learned in the search so far which gives confidence that we will successfully find somewhere, when we haven't done so up to now?
I presume at Day Zero there will still be an amount of cash which would have been used to fund the setup of a new space which will then be unused. What will happen to that money?
If the trustees feel that it would be unwise to post answers on a public website I would be happy to receive the answer via email.
>How long can HS remain in storage before "Day Zero" ?
Haven't done the sums, but it would easily be a year+ with our current savings and indefinitely if our membership stayed at its current level or there about.
>What would happen on Day Zero when there is no more money to pay for storage?
I'd assume we'd part it out, sell stuff to members and bin/auction the rest, but that would never happen as day zero is extremely unlikely, we'd go for one of the less suitable spaces long before day zero was even on the horizon.
>What lessons have been learned in the search so far which gives confidence that we will successfully find somewhere, when we haven't done so up to now?
Estate agents are slow and require constant chasing, we already have a number of properties on the books that we're actively pursuing, some closer to completion than others. It really is pot luck, you could be in contact with an agent about a property for months, then at the last moment the terms are changed or new clauses added before anythings signed, then everything's back to square one.
>I presume at Day Zero there will still be an amount of cash which would have been used to fund the setup of a new space which will then be unused. What will happen to that money?
No idea, we'd have to cross that bridge if (big big if) we ever came to it. We haven't put any thought into it as it's such a remote possibility.
>If the trustees feel that it would be unwise to post answers on a public website I would be happy to receive the answer via email.
Kind regards,
Henry.
A ballpark figure for day0 would be ~10 years if we lost the entire membership tomorrow.
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That will make everyone come in through the back gate, using the combination padlock, which will restrict entrance to members only.
We could also rescind the "No sleeping in the space" rule for the last few days, as a security measure.
All signs point to yes