The end of LCAP - Page 2

lenoxxx · #1 03-05-2010, 08:36 AM

Im dredging up this thread.

FRONT AND CENTER

I articularly enjoyed Shane Foley's post that the GHZ read this forum, but it isnt a good place to discuss this from a few years back.

If you are on the GHZ and you read this, and you have a hand in what is happening at Michigan State right now, you should be ashamed of yourself.

And if you are reading this and it upsets you personally, well then good- you deserve it!

zax

EM1843 · #2 11-27-2007, 01:00 PM

Don't just whine about it. Start making a plan for how to raise funding to aquire land and build a house. In the mean time look at renting out a large house in town or an entire building in an apartment complex. If you have 10 or 20 brothers who want to make that kind of commitment you can have a temporary housing solution.

Tom Earp · #3 11-27-2007, 03:02 PM

So, just how will this affect those Zetas who were covered by LCAP?

How many could and will lose their houses?

EM1843, it may be a little harder than you profess.

Yes, it will be interesting to see if anything is said on the next C and C!

john1082 · #4 11-27-2007, 04:12 PM

Those houses are on the market and the local alumni get the first chance to buy them. If alumni don't step up to the plate then these chapters could find themselves without a building.

Tom Earp · #5 11-27-2007, 06:37 PM

Quote:

Originally Posted by john1082

Those houses are on the market and the local alumni get the first chance to buy them. If alumni don't step up to the plate then these chapters could find themselves without a building.

Thank you and that is just what I ment!

Those Zetas may be lost forever!

LCA1950 · #6 11-28-2007, 07:15 AM

Quote:

Originally Posted by Tom Earp

So, just how will this affect those Zetas who were covered by LCAP?

How many could and will lose their houses?

LCAP has properties at Ball State, Butler, Colorado, Michigan State, Rhode Island, Oklahoma State, North Texas, South Carolina and others. This could be absolutely devastating!! LCAP has given alumni groups no time to prepare to buy chapter houses back.

Remember, many of the chapter houses were simply transferred to LCAP in good faith for stewardship at little to no cost. We shall see if the Grand High Zeta puts profits before the brotherhood.

PiLambda1 · #7 11-27-2007, 05:04 PM

Quote:

Originally Posted by EM1843

Don't just whine about it. Start making a plan for how to raise funding to aquire land and build a house. In the mean time look at renting out a large house in town or an entire building in an apartment complex. If you have 10 or 20 brothers who want to make that kind of commitment you can have a temporary housing solution.

Fraternity houses are illegal in St. Louis City now.

Some have been grandfathered in (wash u, slu) but they
are on the campus and/or owned by the school.

So regardless of how bad we want it - it's out of our hands
unless we want to drive more than 20-30 minutes both ways
to get to our house way out in st louis county...

JConleyWCU · #8 11-27-2007, 05:30 PM

Our campus operates a Greek Village, it sounds fun/cool until you realize your paying more to live there then someone in offcampus apartments and you have to share a room. Not to mention campus can throw "GDI's" in your house without your approval, and you have to move out during the summer. You cannot drink in or around the house or your rooms. Campus has cameras at the entrance's to all the doors going in an out of the house. No parties. No parking. No privacy and campus police "checking" on whats going on...

It isn't appealing, and as we are still in the colony phase at WCU we have decided against moving into the village or looking into a house until we get our charter. We had a beautiful house but during our removal from WCU it was lost. The problem is finding a place to lease in such a rural town like Cullowhee. Not having a house makes it hard to recruit and hold functions. Thankfully some brothers live close to campus and we can do things there, but it is kinda cramped.

-- BZ-686

GammaZeta · #9 11-27-2007, 11:33 PM

Oh come on Shane, I'm right 99% of the time.

Funny thing is, most people on this forum agree with me and send me PM's all the time. The only difference is I'm not afraid to say what everyone is thinking.

GammaZeta · #10 11-28-2007, 08:15 AM

"We shall see if the Grand High Zeta puts profits before the brotherhood."

Do you REALLY have to wait to get an answer to that question?

lenoxxx · #11 11-28-2007, 09:17 AM

To All;

The Shippensburg alumni will be unable to buy their house, and it will be sold on the open market. It's a blow to all of us, but that's life, the best thing we can do is do our best to adapt to it, learn from it and move on. LCAP did it's best to help Phi Tau Zeta, and for that I will always appreciate the effort & faith that they gave us. It just didnt work out in the long term despite our best efforts locally, and the best intentions nationally. For us LCAP was the only option available to us, so there is no bitterness or regret for trying to make it work- at least we tried to do something as opposed to quitting back in 2003-2004.

In a few years we'll take another look at the situation and regroup and see if there is another opportunity for a good sustainable real estate situation for the undergraduate chapter that the alumni can get involved in.

I hope that the other LCAP chapters will have a better situation in place than we did at Shippensburg so that they can save some of their properties from being sold - best of luck to all of you!

Lenoxxx

Tom Earp · #12 11-28-2007, 02:21 PM

In stead of losing the ones listed above which are major Schools and Zetas, there must be some way to be able to keep these houses intact for the Zetas.

As lenoxxx mentioned at Shippensburg, those Brothers did a tremendous amount of work on preparing the house. Is this and others to be lost and the Zetas maybe off of campus?

If it is set up a different way, maybe a property management will work as while a land lord, the repairs would be done by the Zeta and not a steweardship. Payments would go to the management and payments made by them.

I was not fully aware or most of us on how LCAP worked and maybe Joe or Shane could give and insight.

I would also like to hear from Brother Lynn on the Grand High Zeta take on this.

Shane Foley · #13 11-28-2007, 06:31 PM

Quote:

Originally Posted by Tom Earp

I would also like to hear from Brother Lynn on the Grand High Zeta take on this.

Rest assured that members of the Grand High Zeta read this forum (at least I know they are reading this topic). I must say that GreekChat is probably not the most productive forum in which to discuss issues (real issues) but there does not appear to be a solid forum in which that could occur.

Reverting back to my ELC days...use the power that you have! The GENERAL ASSEMBLY and not the GHZ is the ultimate authority in Lambda Chi Alpha. If you want something to happen or a policy to change, write legislation. If you just want to make a statement regarding how things should happen, write a resolution. Let me use an extreme example, if a mandatory resolution was passed that said GreekChat is the official forum for LCA and a staff member must respond to every posting...it would be a requirement (not that all requirements are currently followed). For the record, I think this would be a silly resolution and the staff would find a way to erase my name from the scrolls if it ever passed.

Shane is now done with his rant.

Shane

GammaZeta · #14 11-28-2007, 10:41 PM

"we need more transparency!"

AMEN BROTHER!!!

Mooch279 · #15 11-28-2007, 02:27 PM

ok this might be dumb but i'm not sure how all the real estate transaction really work. But why would HQ sell them back to the alumni? if in most cases they were holding mortgages, wouldn't it just resort back to them. And can't they get a third party mortgage management firm to look over collecting money and paying the bank until whatever the next iteration of LCAP comes along?