Community-owned assets or organizations are those that are owned and controlled through some representative mechanisms that allow a community to influence their operation or use and to enjoy the benefits arising.
7-466: Reclaim the Streets also known as RTS , are a collective with a shared ideal of community ownership of public spaces . Participants characterise the collective as a resistance movement opposed to the dominance of corporate forces in globalisation , and to the car as the dominant mode of transport . Reclaim the Streets often stage non-violent direct action street reclaiming events such as
14-632: A community store established in 2002 under similar circumstances. In both instances the securities were intrastate offerings registered under less onerous state securities laws rather than federal law . Funds were raised in a similar way for an independent bookstore in Brooklyn, a coffeehouse in Oakland, and restaurants in Hastings-on-Hudson, New York and Hardwick, Vermont . In Hardwick two enterprises were created, one which operates
21-415: A minority of events, where the police have tried to violently shut down the event there has been violence between protestors and police. Reclaim the Streets was originally formed by Earth First! Community ownership Benefits of ownership in infrastructure projects such as dams and irrigation are claimed to include increased responsiveness to needs of that community and the community valuing
28-642: A restaurant which prepares meals using locally grown food, another which bought and equipped the location as a restaurant. The New Rules Project of the Institute for Local Self-Reliance a nonprofit corporation has worked to make financing of community owned business less onerous. H.R.2930, the Entrepreneur Access to Capital Act [1] Archived 2012-12-15 at the Wayback Machine , would relax securities law requirements making it easier for
35-474: The 'invasion' of a major road, highway or motorway to stage a party. While this may obstruct the regular users of these spaces such as car drivers and public bus riders, the philosophy of RTS is that it is vehicle traffic , not pedestrians , who are causing the obstruction, and that by occupying the road they are in fact opening up public space. The events are usually spectacular and colourful, with sand pits for children to play in, free food and music. At
42-456: The projects more highly. Communities can sometimes buy the land they live on and manage them through locally-run trusts. There are many examples of this in Scotland including Eigg , Assynt and Ulva . In Saranac Lake, New York , after the local Ames Department Store closed due to bankruptcy and residents were forced to travel 50 miles (80 km) to Plattsburgh for staples, the town
49-588: Was approached by Walmart which offered to build a 250,000-square-foot (23,000 m ) supercenter , but the community felt that Walmart would negatively impact local business and increase traffic. As an alternative, a community-owned store was organized and shares were sold to community residents. $ 500,000 was raised by about 600 residents who made an average investment of $ 800. The store, Saranac Lake Community Store, opened in October 29, 2011, in remodeled facilities in downtown Saranac Lake. Powell, Wyoming , also has
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