What is a Co-op?

A co-op is:

• A non-profit corporation that issues shares in the park.

• This is where shareholders have ownership of 1/125 of the entire park and a proprietary lease for a specific space.

• A Board of Directors governs it.

• The By-Laws of the Corporation direct it.

• It is guided by Co-op Rules and Regulations written by shareholders and approved by the Board of Directors.

• It provides a pleasant lifestyle at a reasonable cost and has community facilities.

• This is where Shareholders volunteer to participate in and coordinate park activities.