April 8, 2013 by susanyvivi
This is very difficult for all of us at The Village Farm to announce but we have had to face the facts that we are not able to move forward with the purchase of the land for 1.6 million on April 10th. There are many, many pieces to this puzzle and in reviewing where we stand financially, despite the generosity of people who have donated on the blog, on indiegogo, by cheque and by cash, we simply aren’t where we need to be. This has been an incredible journey for all of us in trying to bring our vision to life and we want you all to know that this is not the end by any means.
From Susan, one of the originators of the Village Farm:
“Our vision is still strong, but it has become clear that the time pressure of the contract does not permit us to build the necessary financial base or to fully develop the group of people who would be living on the farm and creating enterprises to sustain it. So with sadness and determination, we are letting go of the farm on Helgesen Road for now, but The Village Farm will carry on with the vision by growing, practising and planning our future so that one day we will be ready to find a home.”
You have all contributed nobly and valiantly to something we believe is worthwhile. There is no doubt that all the work and goodwill you’ve put in will make The Village Farm an idea that will succeed in the future – something we fully intend to make happen. We are regrouping and will make another push, only stronger, more organized, and hopefully still with all your support.
Regarding your generous online donations: We will be contacting all of you with three options. 1. A refund minus the 9% service fees we’ll be charged. 2. Allow us to hold the money for a year in an escrow account to see if we can move forward with the same property or another one. If we do not move forward within the year, you will be contacted and offered a refund. 3. A full refund.
If you have donated by cheque, your options will be 1. Tear up the cheque, or 2. Let us hold the cheque for a year and contact you if we are able to move forward with the Helgesen property or another one – and tear up the cheque if we don’t.
For those who donated in cash, we will hold your money for a year and if we do not move forward, we will donate it to a like-minded charity in our region.
All our love, The Village Farm.