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Moving Ahead…

In accordance with the foundation’s strategic investment policy, the 38 acre block of land out of Tara must be liquidated to free up some funds.  These funds will be used as a catalyst to further provide a source of funding for the continue growth of the foundation. 

Results from a recent feasibility study indicates that the 38 acre block was too small for medium to long-term planning as proposed by The Epsilon Project.  The Tara Shire is still a preferable choice among all others as its rural region and low population combined with dark clear skies is perfectly suited to the foundations site development policies. 

We will be having a meeting with Domeshells, an Australian company located in Byron Bay which constructs dome homes, to draw up some architectural plans for site development of phase 1.  Once approved these plans with be ready for council approval.   A newer bigger site is being investigated, somewhere in excess of 100 acres. 

The site is projected to sellfor $40-50k.  Any interest can be direct to Tara Real Estate at

tararealestate@bigpond.com

or (07) 07 4669 4100

~ by Jake on 22 April, 2008.

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