IMPORTANT ANNOUNCEMENT - FRIDAY 1st DECEMBER 1995

It is with mixed feelings that Michael Gunter announces today that the
Breamlea wind generator has been sold by the Alternative Technology
Association. The new owner is ...........Michael Gunter.

This strange state of affairs has arisen due to the current cash flow
problems of the ATA. An offer valuing the wind generator at $30,000 was
made and the new committee accepted the offer, as the only immediately
obvious way of securing the financial future of the Association. This
situation is not news to the membership, who have already voted on the
proposal at the recent Annual General Meeting.

If the Committee do not object, I will make the terms of the contract
another text file on this FTP site. One CRUCIAL clause allows for the
ATA to BUY BACK the wind generator, when the financial situation improves,
and I am not able to sell the wind generator to anybody else for at least
two years.

The good news is that 15% of the gross income from electricity sales 
will go to the ATA to cover monthly maintenance working bees. Also the
ATA through its Breamlea Operations Group (aka Breamlea Sub-Committee)
will have full access to the site for educational tours, research and
public open days.

It is a sobering thought to realise how bad the finances would have been
without the wind generator, as it was DIRECTLY responsible for the net
injection of $12,000 of funds in 1994, has made $6,000 worth of electricity
AND been sold for a "capital gain" of ANOTHER $12,000. All expenditure 
except about $500 of phone charges and lease fees has been borne by the
dedicated members of the Breamlea Operations Group. The total benefit in
only twelve months is therefore nearly THIRTY THOUSAND DOLLARS.......
.... maybe the ATA should go into share trading or something!!!

The ATA can quite legitimately claim to be the maintainer and operator of
the wind generator, and in a moral sense still "owns" it, at least while
the two-year clause in the contract is operative.

                        Michael Gunter    mickgg@suburbia.net