The Keweenaw Co-op Board conducted a campaign preceding the vote to change the Co-op from the present buying-club business model to a member-owned business model, as can be seen with the information posted in the store near the ballot box. The Board also sent several pages of information by mail to the members, explaining the purpose of the vote. Click on photo for larger version. (Photo courtesy Keweenaw Co-op)According to Michigan law the unsigned and unreturned ballots are considered "No" votes as well. The vote needed a majority of the 1009 votes sent in order to pass.
"The Board is very pleased with the high level of participation," said Co-op Board member Roger Woods. "Not only did we pass the proposal, but we reached out to thousands of our members. The level of excitement and interest in the Co-op’s future is obvious from the level of participation and the number of 'Yes' votes."
The Co-op staff and Board of Directors are working on a complete transition plan to move from the fee-for-a-discount model to members investing in a common share of stock. Information concerning the transition will be available on the www.keweenaw.coop Web site and in the store.
Specializing in natural and organic foods since 1973, the Keweenaw Co-op offers goods and services that appeal to consumers who have a meaningful sense of environmental and social responsibility and incorporate those values into their buying decisions. The Co-op is presently located at 1035 Ethel Avenue, Hancock. Hours are 10 a.m. to 8 p.m., Monday through Saturday; 10 a.m. to 5 p.m. on Sunday.
Visit the Keweenaw Co-op Web site for more information and updates.
No comments:
Post a Comment