Newsletters: May - June 2008

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General Manager’s Report

Natural Times-May/June 2008

By Larrane Hartridge

And the Walls Come Down…

As I write this article, more overnight shifts are in the works to move coolers and product into the addition. So, by the time you read this we should be open for business in the first phase of construction. Read more about expansion in Cristin Burns’ article on page 4.

I want to thank all of our owners that have increased their equity to the $100 refundable level. We have raised over $76,000 in additional cash to help defray equipment costs. The brand new bulk bins and fixtures exist solely as a result of raising this extra cash. We are hopeful that owners who have opted not to increase their equity at this time will choose to do so. Owners who have not invested $100 in equity by May 1, 2008 will no longer receive owner benefits.

We will be sending out the first owner loan interest payments soon to those owners who contributed to the owner loan drive. Once again thank you for assisting us with this huge project. I’m sure you won’t be disappointed when you see what you helped build!

We have chosen the first five recipients of the Frieda Ireland Memorial Assistance Program. The memorial fund (set up last year after the loss of our dear friend Frieda Ireland) will assist low-income residents in purchasing ownerships. New Leaf Market will award up to 10 ownerships a year to qualified residents. Please pick up a brochure at the service desk or visit www.newleafmarket.coop for more information.