A Message from Company Shops Market Board Member David William with an update on Company Shops Market Co-op and a challenge to make a difference in your community.

Video by Steve & Peyton of Exum Photo

Friends and fellow citizens of Burlington and Alamance County—

I’ve made my commitment to invest in Company Shops Market…

The co-op market now has approximately 1600 members–it’s had steady growth since the effort was begun about 2 yrs ago.

What we need now is investment by the owners…the purchase and upfit of the old A&P store in Downtown Burlington is about a $ 2 million project.

With the majority of money coming from owners, we can obtain favorable terms and conditions from the banks to finance the balance.

You all know how dear I hold the idea of continuing restoration and improvement of downtown Burlington.  I have a vision of our downtown being a destination sought by city/county residents, Elon University Staff and Students as well as LabCorp, ARMC, Government employees, and tourists who will spend time here.  {Imagine all the folks that participate in softball tournaments at City Part heading downtown instead of out to Huffman Mill Road–IT’S ONLY A MILE FROM CITY PARK TO THE COMPANY SHOPS MARKET location.}

The Market makes a huge step in the direction of bringing New Life to Downtown.  We will have many more retail stores, entertainment, restaurants, coffee shops, and yes, even New Housing in downtown.

Please go the the web site www.companyshopsmarket.coop –it’s a beautiful site and discusses all aspects of this FUTURISTIC endeavor.
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For all the current owners, and those interested in becoming both an owner and Investor this link explains the COMMUNITY INVESTMENT NOTES–

http://www.companyshopsmarket.coop/become_an_investor.html

Hope to see you soon, and have a great week !

John Brooks

1,430	$263,500
Owners	Community Investment

Invest in your co-op!

For complete detail on the Community Investment Note Program, please refer to our investment page and carefully read the Prospectus before making any investment decisions.

Note #1: $2000 for 5 years at 0% interest
As you can see, this investor generously donated their interest to the co-op by choosing to lend their $2000 at zero interest over the next five years. When you sign up for a community investment note with a payback time of 5-9 years, you have the option to choose to between 2%, 1% or 0% interest on your investment.

Note #2: $2000 for 5 years at 2% interest
This investor chose to earn 2% on their $2000 investment note for the next 5 years.  When you sign up for a community investment note, you have the option to choose to between 2%, 1% or 0% interest on your investment. We would always PREFER to pay interest to YOU instead of a lending institution. That way you earn a return on your investment, keeping the money in the community and benefiting our owner, and the co-op also benefits by paying less interest than on a conventional bank loan.

Note #3: $2000 for 10 years at 4% interest
This investor is taking advantage of our best interest rate for a $2000 – $19,999 investment note. In order to qualify for the 4% interest rate, you must choose a 10 year note.  And we are just thrilled to do so. We would PREFER to pay interest to YOU instead of a lending institution. That way you earn a return on your investment, keeping then money in the community and benefiting our owners, and the co-op also benefits by paying less interest than we would on a conventional bank loan.

Invest in your co-op!

For complete detail on the Community Investment Note Program, please refer to our investment page and carefully read the Prospectus before making any investment decisions.

“Go team go!” said boardmember Sam Moore when he learned of today’s $5000 investment note.

Sharon Dent is happy to announce that we have received $246,500 in investment notes from the community so far. From people like you.

Thank you to those of you who have already ‘voted with your wallets’ to bring a locally owned, locally run, and locally financed grocery store to downtown Burlington and the greater Alamance community.

Sarah Cook
Co-Manager of Comm. and Brand Mgmt