March 2 at 6 p.m. at Street 14 Cafe (1410 Commercial St. Astoria)
The Co-op’s expansion plans require significant capital and fortunately we can raise money via our owners. It’s a great opportunity for local people to invest in our locally-owned grocery store. Food co-ops are successfully using preferred shares as a means to generate funds for expansion.
Our board of directors approved the amendment at its October meeting and we need a certain amount of Co-op owners to vote as well. Read the fine print by clicking here.
We’ll explain in greater detail and hold an election at a special meeting of owners on March 2 at 6 p.m. at Street 14 Cafe in Astoria. It should be a fun evening full of tasty treats and a video showing another co-op’s success in raising funds for expansion.
If you have any questions you can chat with our general manager firstname.lastname@example.org or call the store (503) 325-0027. You can also check out Matt’s article in our newsletter. We hope to see you at the meeting!