Our offer was unsuccessful — and the co-operative goes ahead
The working group has announced that its offer for the Bottom Pub was unsuccessful. The pub is now under contract. We don't know who the buyer is.
We've contacted the real estate agent to offer our congratulations and support to the incoming owners, along with our community feedback and documentation, should it be of use to them. We want to see the Bottom Pub thriving and lively again, and the campaign has produced a wealth of local ideas, interest and feedback that should inform whatever it becomes next.
This is not the end of the plan to form the Cygnet Community Co-operative. A co-operative owned by locals, aimed at collectively acquiring local assets and building community wealth, is still a good idea regardless of this outcome. The formation will go ahead, with the intent of electing a board to investigate local needs, wants and opportunities.
Sunday 23 August, 3pm — Supper Room, Cygnet Town Hall. A short wrap-up and debrief on the campaign, no more than half an hour, flowing directly into the co-operative formation meeting. If you're interested in becoming a member or running for the board, stay on to vote on the proposed Rules (and suggest any changes) and to elect the board. The elected board will then meet to decide the co-operative's next strategic direction.
With this, the working group's campaign for the Bottom Pub concludes. It wasn't the pub this round, but there are plenty of other opportunities calling for community ownership — and the groundwork for a vehicle to pursue them is done, pending the formation meeting. Questions are welcome at the meeting.
AnnouncementWorking groupCo-op formation